Prior to the Kentucky Derby, you are typically required to lay about $1000 to win $100 on a “no” bet that there will be a Triple Crown Winner. Based on historic win rates, that’s probably about right.
Now that the favorite won the Derby (we picked the three-year-old Big Brown), and won from the 20th post by an sizable margin, the odds have dropped considerably. Current odds:
Will there be a Triple Crown Winner in 2008?
Yes +110
No -150