And when Irap went the last 3 furlongs of the Blue Grass in 38-1/5, McCraken lost a half length.
I acknowledge that McCraken missed some time, that Ian Wilkes was using the Blue Grass as a prep, that McCraken may win the Derby, and that people who know horse flesh sometimes know things that don\'t show up in speed figures. [That is, for example, why Always Dreaming went off at 5-2 in the Florida Derby.]
I also think, however, that sometimes horses get reputations that get ahead of what they have demonstrated on the track and consequently get overbet. The horses that McCraken beat last fall have not proven to be the cream of the crop (how many are even in the Derby field?), and the ones he has beaten this year will be longshots on Derby Day.
I\'d be surprised if the Derby seminar doesn\'t identify McCraken as a horse who is likely to run well. The question is, how short a price am I willing to take on a horse that will need to run better than he ever has, and may have to overcome significant ground loss, in order to win.