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Justify’s Odds to Win the Triple Crown

May 08, 2018 8:55 PM EDT
Credit:

Mark Zerof-USA TODAY Sports

The Highlights

  • Justify is currently +143 to win the Triple Crown.
  • Odds translate to a 39.37% implied probability that Justify wins both the Preakness and Belmont.

Justify won Saturday’s 144th running of the Kentucky Derby in convincing fashion, inspiring Triple Crown talk with the Preakness looming in less than two weeks. Coming off a record Kentucky Derby betting handle, sportsbooks are already offering odds on whether Justify is truly a threat to become the 13th horse to take home the Triple Crown and the first since American Pharoah three years ago.

 

Based on current odds available, horse racing fans should not hold their breath. “No” is listed at -173, suggesting Justify faces an uphill battle for the Triple Crown, compared to +143 odds that he will pull off the feat.

After adjusting for the vig, odds imply a 39.37% chance that Justify does win the Triple Crown.

Despite a less than 40% chance of occurring, momentum is building considering the odds of a Triple Crown winner at +650 leading up to the Kentucky Derby.

Top Photo: Horse jockey Mike Smith celebrates in the winner’s circle with champagne after riding Justify to victory during the 144th running of the Kentucky Derby.

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