Kentucky Derby Post Time: Last Chances to Make Winning Bet

The 2012 Kentucky Derby is now upon us, as this year's spectacle is now just hours away. And with the race starting soon, it is essential for those Kentucky Derby junkies out there to be keep up to date with the last-minute odds.

Bodemeister and Union Rags currently boast the most favorable odds at 9/2 heading into the race.

Yet Union Rags has clearly been the favorite heading into the races, as several horse racing experts have Union Rags as a top finisher in 2012. World champion rider Caroline Kamer as well as John Asher, a broadcast journalist that has covered the event since 1982, both have Union Rags coming out on top.

Here are the odds and everything horse racing's fans must know about this year's Kentucky Derby.

When: May 5, 2012

Post Time: 6:24 p.m. EST (Coverage begins at 4:00 p.m. EST)

Watch: NBC

The most current updated odds:

	1. Daddy Long Legs				30/1
	2. Optimizer				40/1
	3. Take Charge Indy				12/1
	4. Union Rags				9/2
	5. Dullahan				8/1
	6. Bodemeister				9/2
	7. Rousing Sermon				40/1
	8. Creative Cause				12/1
	9. Trinniberg				40/1
	10. Daddy Nose Best				14/1
	11. Alpha				14/1
	12. Prospective				35/1
	13. Went The Day Well				25/1
	14. Hansen				11/1
	15. Gemologist				13/2
	16. El Padrino				25/1
	17. Done Talking				40/1
	18. Sabercat				35/1
	19. I'll Have Another				14/1
	20. Liaison				50/1

Prediction

Bodemeister and Union Rags are undoubtedly the two favorites heading into today's showdown, with Gemologist making a case as a potential winning bet today as well.

According to the LA Times, this would be the first time since Apollo in 1882 that a horse that didn't race as a two-year-old would win the derby if Bodemeister is to come out on top.

Bodemeister will come out on top and boast a win in the 2012 Kentucky Derby when it's all said and done, making history.