A staggering $100,000 bet has been placed on the favorite for this year's Kentucky Derby, creating a buzz of excitement among horse racing enthusiasts. Fierceness, with odds of 5/2 (+250), has taken the pole position on the FanDuel Sportsbook. A mere $2 wager on the standout horse could yield a profit of $5.16.

The identity of the bettor remains undisclosed, but according to reports from Vegas Insider, this individual is hoping for a triumphant outcome in the prestigious race. Fierceness has been demonstrating impressive form, securing victories in three of its last five races. In the lead-up to the Kentucky Derby, experts and experienced bettors primarily consider factors such as past performances, training pedigree, and various indicators to determine the horse most likely to claim victory in this prominent event.

Celebrated American thoroughbred horse trainer Todd A. Pletcher has been eagerly anticipating an opportunity to add another remarkable achievement to his illustrious career. Pletcher, who has been successful at Churchill Downs on two occasions, training the winners Super Saver and Always Dreaming, has groomed multiple champion horses such as Rags to Riches, Palace Malice, Tapwrit, and Mo Donegal, all of whom triumphed at the Belmont Stakes.

While Fierceness boasts the best odds, it is worth noting that only 40 horses have emerged victorious as the clear betting favorite since 1908. This statistic reflects a 27 percent success rate for favorites throughout the history of the Kentucky Derby. However, the tide may turn this year, as the last time a favorite won the Derby was in 2018 when Justify claimed the coveted title.

It is essential to understand that horse racing betting operates through a system known as pari-mutuel wagering, which differs from traditional sports betting. FanDuel provides insight, explaining that odds are determined by the collective bets placed by bettors. If more money is wagered on a particular horse, it becomes the favorite, resulting in lower odds. Conversely, if less money is placed on a horse, it becomes a long shot, and the odds increase.

As the 150th Kentucky Derby approaches, anticipation and excitement continue to build. With Fierceness standing as the clear favorite, enthusiasts and bettors eagerly await the outcome of this historic race. Will this year yield another victory for the favorite, or will an underdog steal the spotlight? All eyes will be on Churchill Downs to witness the thrilling spectacle of the Kentucky Derby.