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The Wise-Guy Horse

There's a big difference between the favorite and the horse you should bet on

Updated: May 1, 2009, 5:38 PM ET
By Chad Millman | ESPN The Magazine

On the Wednesday before the Kentucky Derby, shortly after post positions are drawn, a buzz races around Churchill Downs. It's a low rumble at first, nothing that the squares in the mint julep crowd pick up right away. But by the time the sun sets over the twin spires, the chatter is impossible to ignore. Everyone -- sharps, trainers, owners -- is talking about one thing: the wise-guy horse, the predraw long shot us mopes won't have on our radar until it's too late. "You think you're hearing the ...

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