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2012 Kentucky Derby Odds: Union Rags Among The Favorites To Win

While the draw for post positions at the 2012 Kentucky Derby has yet to occur (that's coming later on Wednesday), odds for derby contenders have been released. There are many races leading up to the Derby which help establish the early lines. Here is a sample, courtesy of OddsShark:

UNION RAGS 9-2

BODEMEISTER 5-1

GEMOLOGIST 7-1

DULLAHAN 10-1

ALPHA 12-1

CREATIVE CAUSE 12-1

HANSEN 14-1

EL PADRINO 15-1

I'LL HAVE ANOTHER 16-1

SECRET CIRCLE 18-1

TAKE CHARGE INDY 18-1

DADDY NOSE BEST 20/1

WENT THE DAY WELL 20/1

Related: 2012 Kentucky Derby, Coverage Schedule For Derby Week

The post position draw is scheduled for 4:00 p.m. CT on Wednesday, with television coverage from the NBC Sports Network.

For updates, stay tuned to SB Nation Chicago. For additional coverage of the 2012 Kentucky Derby, make sure to visit this StoryStream at SBNation.com as well as And Down The Stretch They Come.

Check out the SB Nation Channel on YouTube