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Union Rags, despite getting upended in the Florida Derby in his final Kentucky Derby prep, remains the solid 7-to-2 favorite in the latest Kentucky Derby odds coming out of Las Vegas. Union Rags has held the favorites mantle since his scintillating win in the Grade 1 Fountain of Youth at Gulfstream Park at the end of February. He ran third in the Florida Derby, but many bettors have excused the performance because Union Rags received a questionable ride from jockey Julien Leparoux and encountered traffic problems.

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