What Are the Payout Odds if Just Steel Wins This Year's Kentucky Derby?

Written by:
Dan Shapiro
Published on:
Apr/29/2024

Just Steel had some value at 25-1 odds of winning this year's Kentucky Derby.   That would be a $2500 payout on a $100 bet.

betonline_horses_2023.png

Just Steel was sired by Justify out of the Fastnet Rock mare Irish Lights.

Key Factors That Could Lead to Just Steel Winning This Year's Kentucky Derby

Trainer (7)

We know. Wayne Lukas last trained a Kentucky Derby-winning horse more than two decades ago. He's still a top trainer. Through 2023, Lukas has won 4,913 races (No. 9 all time) with purse earnings of $292,948,606 (No. 5 all time).

Post Position (6)

Has the least number of wins of the first 10 posts with two but there is a bit of a silver lining in that the position has yielded eight second-place finishes, tied with Post 5 for the most. Good Magic finished second in 2018 from the sixth post.

Jockey (5)

Keith Asmussen is the 25-year-old son of Hall of Fame trainer Steve Asmussen who enters the Kentucky Derby following a second place finish at the all important Arkansas Derby.

More Reason to Bet on Just Steel (6)

Just Steel has reached triple-digits with his speed figure, including his 100 figure in the Arkansas Derby.

Mudder (8)

He finished 2nd in the Southwest Stakes on a muddy track.

Why Just Steel Might Not Win This Year's Kentucky Derby

Past Performances (4)

Sure he finished 2nd at the Arkansas Derby, his most recent race, but he also hasn't had a win in his last four starts.

He finished 7th in the Rebel Stakes before that but had two other 2nd place finishes the races prior so perhaps the Rebel Stakes was an outlier.

Odds to Win the 2024 Kentucky Derby

After Post Position Draw

1     Fierceness         +275
3     Track Phantom         +2000
4     Dornoch         +1500
5     Sierra Leone         +325
6     Hades         +4000
7     Mystik Dan         +2000
11     Epic Ride         +5000
13     Catching Freedom         +1000
15     Honor Marie         +2000
17     Domestic Product         +2200
19     Just Steel         +2500
20     Resilience         +2000
29     Stronghold         +2000
30     Just A Touch         +1700
34     Forever Young         +800
38     Encino         +2800
43     Endlessly         +2500
49     Common Defense         +6600
50     West Saratoga         +6600
51     T O Password         +7500
52     Catalytic         +6000
53     Society Man         +6600
54     Grand Mo The First         +7500

Early

1     Fierceness         +275
3     Track Phantom         +2000
4     Dornoch         +2000
5     Sierra Leone         +325
6     Hades         +4000
7     Mystik Dan         +2000
11     Epic Ride         +5000
13     Catching Freedom         +1000
15     Honor Marie         +2000
17     Domestic Product         +2200
19     Just Steel         +2500
20     Resilience         +2000
29     Stronghold         +2000
30     Just A Touch         +1700
34     Forever Young         +800
38     Encino         +2800
43     Endlessly         +2500
49     Common Defense         +6600
50     West Saratoga         +6600
51     T O Password         +7500
52     Catalytic         +6000
53     Society Man         +6600
54     Grand Mo The First         +7500

- Dan Shapiro, Gambling911.com

Horse Racing News

Fierceness Breeders Cup Payout Odds

Fierceness pays out $325 for every $100 bet to win the 2024 Breeders Cup Classic.  Remember that BetPhoenix offers an unprecedented 15% weekly rebate for all horse racing.

HORSES Saratoga Race Course Betting 2024 Overview

Just as it’s May at Churchill Downs, if it’s summer, it’s Saratoga. Thought to be older (opened in 1863) than any sporting venue in North America, Saratoga is set to begin its 40-day season this Thursday (July 11th).

Syndicate