Do you need some help with placing a bet on the 2014 Kentucky Derby using odds? Over the years, the way that odds are produced for the Kentucky Derby have eluded fans. In addition to learning a new set of terminology based around horse racing, new fans placing bets wonder if oddsmaking and handicapping is all just hocus pocus. For instance, DerbyCraze.com sent us this year’s Kentucky Derby betting odds favoring the Santa Anita Derby winner, California Chrome, at 7/2 odds to win the Kentucky Derby. However, to horse gambling newcomers, this can be confusing information to use for placing bets. Nevertheless, five betting odds facts are all you need to start feeling confident about your first (or fiftieth!) Kentucky Derby wager.