Kent Taylor: Simple wagering tip -- stick to your conviction

Kent Taylor: Simple wagering tip -- stick to your conviction
Giacomo (far left) won the 2005 Kentucky Derby despite 50-1 odds and a high dosage number.

LOUISVILLE, KY (WAVE) - When you make your Kentucky Derby bet, stick with it, all the way to the window.

Trust me, I speak from experience.

My betting stories begin in 1980, when my sister, Kristen, wanted to be on Genuine Risk. Of course she was cheering for the filly. However, a filly hadn't won the roses in 65 years. She let my dad talk her out of the pick. When Genuine Risk became the second filly to win the Derby, the message was clear: Go with your heart. No, he did not reward her with the payout, just the lesson learned.

My own negative betting experience happened in 1986. I was going to Churchill Downs, as a 14-year-old, and my grandmother gave me some money to bet on Bill Shoemaker and Ferdinand. When I was walking through the clubhouse, I caught the replay of the 1986 Santa Anita Derby, and Snow Chief rolled to a six-length win. Not wanting to waste her money, I put it on Snow Chief. Ferdinand paid $37.40; Snow Chief finished 11th. I've never since changed another bet someone has asked me to make.

My final bit of betting advice: Try to hit a big one, with the simple $1 trifecta box with four horses. It's a $24 bet. You can also throw in a $1 or $2 exacta box with two or three horses.

Also, don't forget to bet the Oaks-Derby double.

Kent Taylor is the WAVE 3 News sports director

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