The morning-line odds for the Florida Derby, which has found a more or less permanent home on the last Saturday in March or first Saturday in April, five weeks before the Kentucky Derby, are typically released at the conclusion of the post-position draw, which is held on the Wednesday before the race. All other races on the stakes-laden card are drawn the same day.
The Florida Derby field is drawn the way most horse races are: by pulling pills out of a bottle and randomly assigning post positions. In 2015, the draw was conducted by a racing department official with the help of a special guest. The draw is open to horsemen and print and social media, and the broadcasting of it on television or over streaming video on the internet has become common.
Florida Derby odds are widely available online prior to the start of betting on Saturday. Among the best places to find that information are at Brisnet.com and TwinSpires.com.
The size of the Florida Derby field can vary, but has trended smaller in recent years due to declining foal crops and the plethora of other lucrative Kentucky Derby preps before and after the Florida Derby. Materiality beat eight rivals in 2015.