LOUISVILLE, KY. (Wednesday, March 30, 2011) – Repole Stable’s unbeaten champion Uncle Mo (#22), who has yet to be challenged in his four career races, looms as a strong favorite when the third and final betting pool in Churchill Downs’ Kentucky Derby Future Wager (“KDFW”) opens its three-day run on Friday, April 1.

The Todd Pletcher-trained son of Indian Charlie was the narrow 3-1 favorite in the March 11-13 second pool of the Derby Future bet, edging the Mutuel Field, or “All Others” (#24), which closed at odds of 7-2. But Churchill Downs oddsmaker Mike Battaglia’s morning line odds for KDFW Pool 3 forecast Uncle Mo to be the 3-1 favorite over rising stars The Factor (#19), the Bob Baffert-trained winner of the Rebel (GIII) at Oaklawn Park who is listed at 6-1, and the Myung Kwon Cho owned-and-trained Premier Pegasus (#14), winner of the San Felipe (GII) at Santa Anita and an 8-1 shot in Pool 3. The latter was not a wagering interest in either of the first two KDFW pools of 2011, but emerged as a major Kentucky Derby contender with his 7 ¾-length victory in Santa Anita’s San Felipe.

Wagering on Kentucky Derby Future Wager Pool 3 opens at noon (all times Eastern) on Friday, April 1 at racetracks and off-track betting centers and through TwinSpires.com and other advance deposit wagering platforms. Betting on the pool is scheduled to close at 6 p.m. on Sunday, April 3. The 137th running of the Kentucky Derby Presented by Yum! Brands (GI) will be run on Saturday, May 7 at Churchill Downs.

Although there is a major Kentucky Derby prep race on this weekend’s schedule in the $1 million Florida Derby (GI) at Gulfstream Park, the final KDFW pool of 2011 will be conducted in advance of stakes races that are traditionally among the most important indicators of success in the big race at Churchill Downs on the first Saturday in May. Next week’s April 9 stakes schedule features the $1 million Wood Memorial (GI) at Aqueduct, which is scheduled to be the final Kentucky Derby prep for Uncle Mo, and the $1 million Santa Anita Derby (GI), which figures to attract Premier Pegasus. The April 16 schedule is headed by the $1 million Arkansas Derby (GI), which could be the final Kentucky Derby prep for The Factor, and the $750,000 Toyota Blue Grass Stakes (GI) at Keeneland. Other preps still to be run after Sunday’s conclusion of the final KDFW pool include the $250,000 Illinois Derby (GIII) at Hawthorne Park, Keeneland’s $200,000 Coolmore Lexington (GIII) and the $200,000 The Cliff’s Edge Derby Trial (GIII) on the April 30 “Opening Night” program at Churchill Downs.

The Kentucky Derby Future Wager provides fans with opportunities to wager on potential contenders for the famed “Run for the Roses” at odds that could be much more attractive than those available on the day of America’s greatest race. It offers win and exacta wagering, and all bets are $2 minimum wagers, and there are no refunds on any KDFW wager. If it is determined that an individual horse has suffered an illness, injury or other circumstance that would prevent the horse from competing in Kentucky Derby, wagering on that interest will be suspended immediately.

Total wagering during the first two KDFW pools of 2011 hovered just under the $1 million mark at $969,191. Winning payouts on Pool 3 will be determined by the odds that are in place when wagering concludes on Sunday.

The Mutuel Field (#24), which includes all 3-year-olds other than the 23 individual horses on the roster of Pool 3 wagering interests, has been installed at 10-1 odds in Pool 3, and is the co-third choice in Pool 3 with Holy Bull (GIII) winner Dialed In (#6) and Fountain of Youth (GII) winner Soldat (#17). Both Dialed In and Soldat are expected to run in Saturday’s Florida Derby, along with KDFW Pool 3 wagering interests To Honor and Serve (#20), Stay Thirsty (#18) and Watch Me Go (#23).

Eight new horses are listed among the betting interests in KDFW Pool 3. That group includes the winners of last week’s round of major Kentucky Derby preps: Vinery Racing Spiral (GIII) winner Animal Kingdom (#1), Louisiana Derby (GII) winner Pants On Fire (#13) and Sunland Park Derby (GIII) winner Twice the Appeal (#21). Other Pool 3 newcomers are Vinery Spiral runner-up Decisive Moment (#7); Mr. Commons (#10), who is expected to run in the Santa Anita Derby; Louisiana Derby runner-up Nehro (#12); Premier Pegasus and Tampa Bay Derby (GIII) winner Watch Me Go (#23).

Wagering interests for the Kentucky Derby Future Wager are chosen by a panel that includes West Coast correspondent Brad Free and national handicapper Mike Watchmaker, both of Daily Racing Form, and John Asher, vice president of Racing Communications at Churchill Downs.

Information on the Kentucky Derby Future Wager, including real time odds, can be found at the official Kentucky Derby event Web site at http://www.KentuckyDerby.com.