Dialed In in the Florida Derby.

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Dialed In in the Florida Derby.
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Dialed In Drops to 5-1 in Derby Future Wager

Uncle Mo retains favoritism at 3-1 as the final pool of the KDFW comes to an end.

The third and final pool of Churchill Downs’ Kentucky Derby Future Wager ended April 3 with unbeaten champion Uncle Mo  favored to win the 137th running of the Kentucky Derby Presented by Yum! Brands (gr. I). Florida Derby (gr. I) winner Dialed In   closed fast in the pool’s final minutes to end up as a solid second choice.

Repole Stable’s Uncle Mo maintained his 3-1 morning-line odds as the wagering concluded. But the odds dropped sharply for Robert LaPenta’s Dialed In in the aftermath of his last-to-first rally to edge 68-1 shot Shackleford in the $1 million Florida Derby at Gulfstream Park.

The Nick Zito-trained Dialed In was a 10-1 risk when the starting gate opened for the Florida Derby at 5:46 p.m. EDT, but his odds dropped to 5-1 when wagering in the pool ended. Churchill Downs officials added five minutes to the pool because the results of the Florida Derby were declared official so close to the end of the pool.

The mutuel field, which includes all 3-year-olds other than the 22 individual horses in KDFW Pool 3, closed as the 8-1 third choice, edging owner-trainer Myung Kwon Cho’s San Felipe (gr. II) winner Premier Pegasus, whose odds closed at 9-1. George Bolton and Fog City Stable’s The Factor , winner of the San Vicente (gr. II) and the Rebel (gr. II) for three-time Kentucky Derby-winner Bob Baffert, was next in line at 10-1.

Kentucky Derby bettors wagered $392,910 during the April 1-3 pool to lift total wagering for the three 2011 Kentucky Derby Future Wager Pools to $1,362,101. The final pool betting figures included $269,354 wagered to win and $123,556 in exacta betting.

The overall wagering total for all three pools was the fifth highest in the 13-year history of the Kentucky Derby Future Wager and its largest three-pool betting total since 2007.

The Kentucky Derby will be run May 7 at Churchill Downs.

Information on the Kentucky Derby Future Wager, including real time odds, can be found at the official Kentucky Derby event website at www.KentuckyDerby.com.