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I'm a Sucker for the Future (Wager)

As I made my way out to Keeneland to bet Pool 1 of the Kentucky Derby Future Wager Feb. 10, I couldn't help but think about what a guilty pleasure it is. In between thoughts of cashing a huge ticket on May 3, I tried to fight off all the reasons why I should not "waste" money on this ultimate longshot of a wager. Buying diapers and formula for my six-month old son, surprising my wife with a nice Valentine's Day gift, and getting the car a much-needed tune-up all seemed like rational reasons to turn around. Because let's be honest, in most cases, the Future Wager is the ultimate sucker bet.

The reasons not to bet the Future Wager are many. 1 - The Derby is three months away and most of the horses won't even reach the starting gate, either because they get injured or are not good enough (Last year only 10 of the 23 made it). 2 - Many times the Derby winner pays out better odds on race day than were offered in the first leg of the Future Wager (That has happened four of the nine years - Giacomo, Smarty Jones, War Emblem, Charismatic). 3 - More than any year in history, there are several horses who have made most or all of their starts on a synthetic surface, making it very difficult to handicap in February how they will handle the dirt at Churchill Downs in May.

Of course, all of those sane reasons did not stop me from proceeding to Keeneland. In the end, I placed my bets for the same reason that I wager on races every week: Because it's fun.

I do have one hard and fast rule that I will not break when placing a Future Wager: Do not bet a horse that is less than 20-1. Because of the reasons mentioned above, plunking down cash on one of the favorites makes little sense to me. Even though it is hard not be impressed by Pyro (5-1), War Pass (6-1) and even Court Vision (15-1), the value is not  there for those horses. And needless to say, it's not there for a "field" bet either, which to me, at odds of 3-1, is a ridiculous wager.

Because it is value that I am after, I waited until late on Sunday to place my wagers, so that I was almost gaurenteed to get more than my required 20-1 odds. In the end, I decided on three:

1 - Anak Nakal: The lesser known of Nick Zito's Derby contenders, the Victory Gallop colt is bred to run all day. When I spoke with Zito last month he could not say enough good things about this guy, who was professional-looking in his Kentucky Jockey Club (gr. II) win Nov. 24. Because he has not raced in more than two and a half months, his value could be at an all-time high. If he wins the Feb. 24 Fountain of Youth (gr. II) at Gulfstream, you can be sure you won't get 33-1 on him in Pool 2, and most likely not on Derby day either.

2 - Z Humor: The same can be said about this Distorted Humor colt, who is likely to face Monba, Court Vision and Anak Nakal in the Fountain of Youth (gr. II). If he pulls the upset, his 45-1 odds will certainly plummet. Even though he was beaten by War Pass and Pyro in in the Champagne (gr. I), I liked his determination down the stretch, just as he showed in his Delta Jackpot (gr. III) dead heat victory Dec. 7. This colt may turn out to be the best in the barn of Bill Mott, Churchill Downs' all-time leading winner who is bound to win a Derby one of these years.

3 - Cowboy Cal - A bit of a risk because he has done his best running on grass, but the Giant's Causeway colt has trained super on dirt and there is no questioning his talent. He will get his next challenge Feb. 16 when he faces, among others, Cannonball, in the Hallandale Beach at Gulfstream. At odds of 26-1, he was worth a shot in Pool 1.

I laid down $25 on each one. Was there better value somewhere out there? You tell me.

24 Comments:

Cowboy Cal is a good choice for sure and I have been a little disappointed with Z-Humor, but as long as he stays healthy, he has a good shot still.

aspradling 25 Feb 2008 4:36 PM

I use the 20-1 rule also, that is if I play the futures at all. Most years I don't. I thought about placing a future on Monba when he opened at 30-1. But he dipped down to 16-1 the last I saw, so I skipped out. His Fla Derby was dreadful (he received a pretty nasty gash on the first turn), and Pletcher has now said that it's either the Lane's End or the Blue Grass next for him. He has a win over the Keeneland poly and a win at CD. I'm not ready to completely quit on him--yet. Since he did get torn up at GP, I'll toss that one and see if his odds go back up in the next pool. If they do, I might throw a small one down on him--maybe a twenty. But I'll have to think about it because my few futures plays in the past have been disasters. Out of three tries, only one horse (Saarland) even made it to the race, and I think he ran 8th or worse.

sirbarton 25 Feb 2008 6:10 PM

I'm a sucker too. You've summarized well the terrible risk involved in the future wager.  It's such a bad bet that just getting your horse into the Derby starting gate feels like a victory.

But, yes, it's fun.  Every racing wager has an anticipatory psychic component which can be savored between the time the bet is made and the race itself.  No bet in racing provides a larger psychic component than the Derby future wager, as you follow the ups and downs of your choice or choices along the Derby trail.  It's fun.

I like to make one large bet on a single horse opposed to spreading out, hoping for a huge score.  No luck yet in previous years with that strategy but that leads me to the one amazing value in Pool 1 you neglected to mention -- Denis Of Cork at 46-1.  Drinks on me if he wears the roses.

weeds 25 Feb 2008 10:21 PM

Great blog! count me in. This year I got 48-1 on Yankee Bravo, what a nice race on the synth in No. Cal. He looks like a good one. Now if I only remember where I left my ticket.

Timely writer 2 26 Feb 2008 6:19 AM

I am NOT a handicapper, just your basic horse nut. Using your 20-1 rule, which sounds reasonable, I guess only two of the 16 horses I am following meets your test, although a third, Majestic Warrior, comes close: Cowboy Cal and Signature Move-- that second one, at long Pool One odds (99 to 1?) a gem of a bomber-- his sire, Bob Baffert's Vindication, a classic early bloomer, winning both the BC Juv and the KY Cup Juv, and his dam, Swingin on Ice, a nice runner in her own right. With Buckpasser coming up 5X on the Dam's Dam side, what's not to like?

Bryce Be Quick 26 Feb 2008 12:26 PM

I am a future junky too,although I am proud to say I had Funnycide,Street Sense and Giacomo.I also had Perfect Drift at 97-1.too bad not to show. I just pray some day they expand the betting interests to all the nominations. This year thanks to a hefty triple I hit just prior to  pool 1 . I put good bets on both Denis of Cork and Etched. Good luck to all.I hope I am popping a cork 1st sat in may.

milkbud 26 Feb 2008 5:32 PM

Ferragamo. Remember the name. Here is a Vindiction colt by Spinner (Conquistador Cielo) who can run with War Pass early in a race and still have the stamina to go on and on and on. If you saw his race at Oaklawn on Saturday, you had to be excited. He broke slowly and like a gazell, actually leaped to the lead in the blink of an eye, doing it effortlessly. I have never seen a horse move like that. He gracefully flung his body forward, gobbling up the ground wih his huge stride. The first quarter was :21 and change, the half at :45. For a good-sized colt, he cornered beautifully like Sunday Silence and won for fun. I don't believe the jock hit him once, easing him to the wire (1:09). And, he's in great hands with Larry Jones, who is reported to be placing him next in the same race that Hard Spun won at Turfway Park in late March. Here is a true Seattle Slew grandson who runs like his grandpa. He may not make it to the Derby this year because of his lack of seasoning, but that's what was said about Curlin. If not the Derby, we will see him in the later 3-year-old races. Love the simple one-word name. "He's a winner, Mrs. Genter."

Sandy 26 Feb 2008 5:38 PM

A nice bet on War Pass. The 6-1 is much better than the 8-5 0n Derby Day. He would have galloped in FOY.

Smaller bets on Cork & Mischief.

1stcav 26 Feb 2008 7:12 PM

Guess I will heed Sandy's wisdom and take a second look at Fletcher & Carolyn Gray's homebred/Larry Jones trained, Ferragamo. After he broke his maiden outing at Delaware Park last September, he got beaten like a drum at Jason's old  Philadelphia Park stomping grounds to finish up his 2YO campaign, so  frankly, I had initially stopped looking right there. Think they will give him a shot at the Arkansas Derby April 12th?

Bryce Be Quick 26 Feb 2008 11:19 PM

I love the future wager too, although it is kind of a dumb bet. I did have Funny Cide, tho, so that alone will keep me coming back for years.  This year took Colonel John, El Gato Malo, and Majestic Warrior, with a small bet on Georgie Boy too.  Seems wide open to me with many slow times and War Pass with distance probs.

derbydave 27 Feb 2008 3:27 AM

Gambling is gambling - there is no way around it.  Even if you categorize the Future Wager as a sucker bet, the risk versus the reward makes it all worthwhile.  Playing the lottery with a "Quick Pick" is more of a sucker bet than this.  At least you have something tangible to work with.  I would agree that the Round One of the Future wager is a sucker bet, but the Round Two and Three give you a better angle at choosing from a more established group.  But as you stated, the odds you get don't usually compare to what you see on Derby Day.  A conundrum indeed...

Brs? 27 Feb 2008 9:32 AM

CROWN OF THORNS IS THE HORSE TO BEAT EVERYONE MUST REPENT ON DERBY DAY IF THEY DON'T BET ON THIS GODLIKE ROCK OF A HORSE. GOD BLESS CROWN OF THORNS!!!!

khaw 27 Feb 2008 5:48 PM

Hate to burst your bubble Khaw, but Crown of Thorns is off the Derby trail.

jshandler 27 Feb 2008 6:03 PM

Tale of Ekati at 33-1. Tagg has done it before.

Pauly Horses 28 Feb 2008 5:25 PM

I got tired of my future bets not even running on Derby day that I quit playing it. With a large field every year there`s more than enough opportunities to make a big payoff with a dollar tri or super.

Smittytoo 03 Mar 2008 12:34 PM

I had Giacomo at 25-1 in pool 2 in 2005 as my first ever future wager bet, and if I hadn't locked onto him then I might not have doubled down after Buzzard's Bay beat him in the SA Derby or on Kentucky Derby day either...Then I bet Half Ours at 33-1  the next year and he never ran another step that year...last year I bet Stormello at 47-1 or something like that and he was all used up in the preps.  So, all in all, it is worthwhile and this year I have Z Fortune covered in a significant way, with a little already lost on Crown of Thorns and even less riding on Cowboy Cal.

wilson 08 Mar 2008 10:05 AM

Big odds on Monba after pool two. This is more what I was looking for. He is definitely worth a risk at 35-1. Having said that, I must confess that I'm becoming a little concerned as to whether there will be any early speed to test War Pass early in the Derby. I don't really see any at this point, and I'm wondering if we're about to see another War Emblem gate-to-wire number on the first Saturday in May. Granted, he still has to prove that he can carry that speed for 9F, let alone 10, but if he can--uh-oh.

sirbarton 10 Mar 2008 1:23 PM

I guess I'm lucky because I live near TJ where I bet the Derby Future Book each year. I usually don't play the single bets but play the fields because you get 60 horses or more for the price of one.

There's never a sure thing but it makes the 10 weeks leading up to the Derby fun.

I'm excited about field 2 at 50-1 which included Big Brown, Denis of Cork, Elysium Fields, plus 57 others.

Another nice TJ wager that pays huge odds is the Place Triple Crown where your horse has to finish first or second in all three races. I was fortunate to hit with Smarty Jones and Victory Gallop and very close with Funny Cide and War Emblem before losing the Belmont.

BTW: The Place Triple Crown odds on Field B were 150-1.

I think the thing I like best about playing the future bet is that I don't lose my money immediately!!!

Jack 11 Mar 2008 8:52 AM

I took two horses in pool 2, Denis of Cork at 12 -1, and the one I took late was Cool Coal Man, which was surprising to me that he finished at over 26 -  1 when his opening line was 10 - 1. He is most definitely bred to go the distance. And the horse that finished behind him in the FOY, I will save for the longer Belmont.

Pat O'D 12 Mar 2008 9:10 PM

The derby is rarely won on the lead, so War Pass just isn't a great bet....a horse like, say Georgie Boy, gr I winner at two---can be brought around slowly---he had extra time to fill out because he won Dmr Futurity in early Sept....now, fresh, (yesterday a bit rank) he has that look of quality.....from a little (but not much) off the pace....not sure of his breeding for 1 1/4, but the value was there......

Matthew Wohlken 16 Mar 2008 8:19 AM

War Pass money is down the toilet.

When headed this horse appears to be a coward.  Yes he was pinched back but so was Tale of Ekati in his first race as a 3 year old but he still finished strong.  Did anyone ask what was wrong with him ?  Or mention how he was squeezed at the start ?  Quit making excuses, the horse folds when headed ... look for Tale to bounce back strong and be ready for the Derby.  PS.... Big Brown wins by 6 in FD.

draynay 16 Mar 2008 11:51 AM

I thought War Pass would win yesterday, but didn`t have him in my top ten for derby day. Supposedly, he had a fever earlier in the week. If so, Zito should have scratched him. He looks like he didn`t like the dirt in his face and wants to be on the front end. As for Big Brown, he beat absolutely nothing in his last off the turf romp. He must have some health problems judging by his race patterns. I`m leaning towards the Peruvian horse (via Kentucky) who beat older horses as a 2yo going a mile and a half. Not sure what he beat down there and he`ll be up against the Gulfstream speed bias in the Fla. Derby.

Smittytoo 16 Mar 2008 5:30 PM

Smittytoo... its not who he beat its how he beat them. He rated behind a very strong 45.3 half mile and then opened up IN HAND to run a very easy 1:35 mile first time ever on dirt and first race as a 3 year old.  Name another horse that EVER did that...I can't! That time is faster than War Pass's time in the Champagne !

draynay 17 Mar 2008 11:03 AM

I'm watching the "Mystery Horse" from Peru named TOMCITO.We may not know a lot about racing in Peru, but as a 2 year old, he did win against 3 & 4 year olds at 1 1/4 & 1 1/2 mile in the 2nd & 3rd leg of the Peruian Triple Crown. Not bad for a 2 yr old and he showed a great late kick. What impresses me is that his works here at the training center & his 5 f work at Gulfstream were impressive. He should work 4 Furlongs or so, tomorrow. If he comes up short in the 1 1/16 Florida Derby, he think he will run BIG in the Kentucky Derby & for sure in the 1 1/2 mile Belmont Stakes....

CountFleet 43 24 Mar 2008 3:26 PM

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