Kentucky Derby Betting: Wisdom of Crowds Results

You spoke, we listened.  To recap, we used the idea of Wisdom of Crowds to select our bets.  The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, published in 2004, is a book written by James Surowiecki about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member of the group.

We asked you to select your Kentucky Derby and Oaks winners and we would compile the results to come up with our “crowds” best bets for the Kentucky Derby.  The results are in, but let’s first take a look at the fields:

Kentucky Oaks (G1)

Free Past Performances

Kentucky Derby (G1)

Free Past Performances

And now on to the results:

Kentucky Oaks

1 On Fire Baby – 40%

2 Grace Hall – 18%

3 Summer Applause – 12%

12 Colonial Express – 12%

6 Broadway’s Alibi – 6%

5 Hard Not To Like – 6%

14 Yara – 6%

Kentucky Derby

6 Bodemeister – 30%

19 I’ll Have Another – 16%

8 Creative Cause – 12%

11 Alpha – 12%

3 Take Charge Indy – 6%

2 Optimizer – 6%

15 Gemologist – 6%

10 Daddy Nose Best – 6%

1 Daddy Long Legs – 6%

That’s right people…not one vote for Union Rags!

“Crowds” Bets

Win – 6 Bodemeister

Exacta – 6 / 19

Trifecta – 6 / 19 / 8,11

Superfecta – 6 / 19 / 8,11 / 1,2,3,10,15

Oaks/Derby Double – 1 On Fire Baby / 6 Bodemeister

These results are very interesting to say the least.  Singling Bodemeister may be a bit risky for some of you so be sure to box any of your exotics.  Having said that, he will be a single on my ticket.  We appreciate everyone’s votes and wish you good luck!