Early betting odds for the 2007 Kentucky Derby are posted!  The 133rd running of the Kentucky Derby will commence at the World famous Churchill Downs in Louisville, Kentucky on Saturday, May 5th at 6PM. The Kentucky Derby is the first leg of the prestigious Triple Crown Event and the most important race. Only America's best 3-year old Thorough-breds will come out to race. Kentucky Derby betting starts well before the race and rises to a fever pitch just before the horses leave the starting gate.

The Kentucky Derby was established in the year 1875 and has been a favorite American pastime since Aristides, a chestnut colored colt whose statue stands proudly in the gardens behind the clubhouse, won the race. Col. Matt Win is credited with promoting the track and the sport since 1903. With his resources and efforts, Kentucky Derby has been heralded as the major horseracing event today.

The race is known in the United States as "The Most Exciting Two Minutes in Sports" for its approximate duration, and is also called "The Run for the Roses" for the blanket of roses draped over the winner. Bet on Nobiz Like Shobiz at 7/1 odds (bet $10 to win $70) to win the 133rd Kentucky Derby at Bodog.com.

Leading up to the one and a quarter mile race is the two-week-long Kentucky Derby Festival. There are daily events offering various kinds of entertainment. From the Great Balloon Race, to riverbank picnics enjoyed while the steam boats are racing down the Ohio River, the fantastic fireworks display, Thunder Over Louisville and the Pegasus Parade. Even the parties given prior to the Derby are as legendary as the race itself.

Early betting odds opens with Nobiz Like Shobiz as the No. 1 Derby contender with 7/1 odds (bet $100 to win $700). Trainer Barclay Tagg believes he may have a special horse for the Triple Crown races. He’s already told owner Elizabeth Valando that Nobiz Like Shobiz is “the most magnificent horse I’ve ever seen.”

Other notable horses in early contention are Ravel, who is posting odds at 8/1, Street Sense with 10/1 odds, Hard Spun and Any Given Sunday with 15/1 odds.

Here are the early 2007 Kentucky Derby Betting Odds sponsored by Bodog.com

Adore the Gold 50/1  
Any Given Saturday 15/1  
Arcata 60/1  
Belgravia 30/1  
Birdbirdistheword 50/1  
Bold Start 30/1  
Boutrous 50/1  
Buffalo Man 50/1  
C P West 40/1  
Chelokee 40/1  
Circular Quay 25/1  
Cowtown Cat 60/1  
Day Pass 50/1  
Dreaming of Anna 50/1  
Drums of Thunder 20/1  
E Z Warrior 50/1  
Exhale 40/1  
First Defense 30/1  
Forefathers 60/1  
Great Hunter 30/1  
Hard Spun 15/1  
Holy Roman Emperor 60/1  
Jalil 50/1  
Joe Got Even 30/1  
Kong the King 60/1  
Lawrence The Roman 50/1  
Les Grands Trois 60/1  
Liquidity 30/1  
Minefield 50/1  
Nobiz Like Shobiz 7/1  
Notional 18/1  
Our Sacred Honor 50/1  
Out of Gwedda 50/1  
Pirates Deputy 50/1  
Ravel 8/1  
Saint Paul 60/1  
Sam P. 40/1  
Scat Daddy 28/1  
Soaring By 45/1  
Soldiers Dancer 50/1  
Storm in May 50/1  
Stormello 30/1  
Street Sense 10/1  
Tenfold 50/1  
Teofilo 50/1  
Teuflesberg 50/1  
Times Squared 40/1  
Unbridled Express 40/1  
Vicarino 50/1  
Xchanger 50/1  
Zanjero 50/1  
Field (Any Other Horse) 5/1

Odds to win the Kentucky Oaks - May 4th, 2007  

Appealing Zophie 20/1  
Baroness Thatcher 30/1  
Bel Air Beauty 30/1  
Boca Grande 10/1  
Cash Included 25/1  
Catch the Thrill 50/1  
Cotton Blossom 15/1  
Devil House 40/1  
Dreaming of Anna 4/1  
Enchanting Star 50/1  
Five Star Daydream 50/1  
Get Ready Bertie 30/1  
Jump On In 25/1  
Mistical Plan 50/1  
Octave 10/1  
Quick Little Miss 35/1  
Rags to Riches 8/1  
Romance Is Diane 35/1  
Runway Rosie 35/1  
Successful Outlook 60/1  
Sutra 50/1  
Field (Any Other Horse) 3/1  
Source   www.point-spreads.com