Favorites won 32 percent (38-120) of races in the sample, a figure comparable to the record of racing favorites in general. The fact that BC fields are considerably larger than average may make the 32 percent strike rate higher than expected.
Favorites have had mixed success finishing in the money in the recent years. In 2012, favorites finished in the top three in five of six races on Friday, six of nine on Saturday. In 2011, three of six on Friday, four of nine on Saturday. In 2010, four of six on Friday, four of eight on Saturday.
10/26/13 Addendum: Breeders’ Cup contenders, by the numbers. “There are 121 group or graded stakes winners in the entries, including 71 winners of Group 1 or Grade 1 races.” And 74 of the 172 pre-entries won their last starts.
Preakness winners 2001-2012, where they finished in the Kentucky Derby, and their Preakness odds / Kentucky Derby winners, where they finished in the Preakness, and their Preakness odds / * = Preakness post-time favorite
About a dozen have been declared as likely starters in the Preakness Stakes, with seven plus Orb coming out of the Kentucky Derby. Looking at the last dozen runnings of the Preakness, one of that group is most likely to beat Derby winner Orb (if he can be beaten). Non-Derby starters have won the Preakness only twice since 2001, both in years of exceptional circumstance.
Kentucky Derby winners have a mixed record over the period listed above, with one DNF, six losses, and five wins. Assuming Orb is the favorite in the Preakness as he was in the Derby, the odds tilt back in his favor with the performance of Derby favorites as Preakness favorites since 2001 — three of the four in that group (Point Given, 1.80 KYD; Smarty Jones, 4.10 KYD; Street Sense, 4.90 KYD; and Big Brown, 2.40 KYD) won the second leg of the Triple Crown. Street Sense finished second to Curlin, the eventual 2007 Horse of the Year. All of which is to say, if you like Illinois Derby winner Departing for the Preakness upset — well, you have to hope Orb’s former Claiborne pasture buddy proves exceptional in more ways than one.
There was some grumbling on Twitter about 2006 Breeders’ Cup Classic winner and Horse of the Year Invasor, with his career record of 11 wins from 12 starts, being among this year’s inductees into the Racing Hall of Fame — “No offense to Invasor, who was very good in several races,” tweeted Marcus Hersh, “but if he’s a Hall of Famer, I kind of fail to see the point of the HOF” — but this Invasor fan heartily approves that the world-traveling, world-beating Argentine-bred will be enshrined in Saratoga. Nine of his wins were in Group 1/Grade 1 races, spread across three continents. That’s exceptional.
Back in 2007, Hall of Fame voter Bill Finley wrote, “When the time comes, I will have a hard time voting for horses like Invasor …” Earlier this year, writing of his ballot, his position seemed less conflicted: “Invasor’s career was a brief one but he was the dominant horse of the middle half of the last decade.” Finley was obviously not alone in his evolution — that Invasor was a first-ballot Hall of Fame pick suggests that as careers have grown shorter, more guardians of the game’s history have begun to rethink what makes a horse plaque worthy.
When Wise Dan makes his first start of the year at Keeneland on April 12, don’t bet against him. Returning Horses of the Year are 16 for 21 since 1972:
Favored returning HOTYs are 16 for 20. With a return of $43.50 on $40 bet, that makes favored returning HOTYs just about the surest bet in racing.
(The chart above is an updated version of one that appeared in a lengthier post about betting returning champions in March 2010.)
1:15 PM Addendum: So, how might you play Wise Dan? Hello Race Fans has some tips on factoring favorites, and singling and spreading.
A few of the 2012 Breeders’ Cup contenders I’ve spotted around Santa Anita …
Animal Kingdom (Mile)
Groupie Doll (Filly and Mare Sprint)
Sky Lantern (Juvenile Fillies Turf)
Game on Dude (Classic)
Richard’s Kid (Classic)
Ron the Greek (Classic)
Pool Play (Classic)
Point of Entry (Turf)