2012 Kentucky Derby Odds: Union Rags Now Favored; Bodemeister Slips

The Kentucky Derby odds are changing, thanks to early action on the race that has rearranged the contenders. When the morning line was released, Bodemeister was a slim favorite, holding 4-1 odds to Union Rags' 9-2 odds. Now, Union Rags is favored in the race, and Bodemeister has fallen off considerably.

As of now, Bodemeister is in a group at 8-1, joined by Take Charge Indy -- formerly at 15-1 -- and Gemologist -- formerly at 6-1. Union Rags is at 6-1 now, the favorite as the race approaches.

As a reminder, here are the morning line odds. These were released at the same time as the draw:

Daddy Long Legs 30-1
Optimizer 50-1
Take Charge Indy 15-1
Union Rags 9-2
Dullahan 8-1
Bodemeister 4-1
Rousing Sermon 50-1
Creative Cause 12-1
Trinniberg 50-1
Daddy Nose Best 15-1
Alpha 15-1
Prospective 30-1
Went The Day Well 20-1
Hansen 10-1
Gemologist 6-1
El Padrino 20-1
Done Talking 50-1
Sabercat 30-1
I'll Have Another 12-1
Liaison 50-1

Now compare those to the latest odds and a few things emerge.

Daddy Long Legs 26-1
Optimizer 31-1
Take Charge Indy 8-1
Union Rags 6-1
Dullahan 10-1
Bodemeister 8-1
Rousing Sermon 19-1
Creative Cause 12-1
Trinniberg 41-1
Daddy Nose Best 14-1
Alpha 22-1
Prospective 69-1
Went The Day Well 20-1
Hansen 7-1
Gemologist 8-1
El Padrino 33-1
Done Talking 34-1
Sabercat 38-1
I'll Have Another 17-1
Liaison 60-1

It's worth noting these will change, perhaps drastically, as betting begins on Saturday. With action coming in heavy on race-day, it's likely everything goes out the window as the Kentucky Derby nears. But if you're looking for a value bet, Bodemeister has to be enticing right now.

For more on the world of horse racing, head to And Down The Stretch They Come. For more on the 2012 Kentucky Derby, keep it locked to this StoryStream.

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