The event is called the "fastest two minutes in sports" which is always held on the first Saturday in May at the famed Churchill Downs track for the best 3-year-old thoroughbreds in the world. The event is also the first jewel of Triple Crown as jockey's horses and trainers alike look to win three consecutive races in search of the elusive title. With just days away from the big event, 2013 Kentucky Derby odds favor Verrazano as the 9/2 horse betting favorite to win around the 1 1/4-mile track on Saturday and a 16/1 favorite to become this year's first Triple Crown winner since Affirmed in 1978.

Much has changed since the opening Kentucky Derby odds for 2013 which had Flashback, Itsmyluckyday and Verrazano as the top three wagering choices for the first jewel of the Triple Crown. As we are less than a week away, only one of the early contenders remain as a favorite in Vegas as updated betting lines now have Verrazano being listed at 4/1 (+400) to win at Churchill Downs. The remaining top five selections to grace the winner's circle in the "Run for the Roses" include Orb at 6/1 (+600), Revolutionary at 8/1 (+800) with Goldencents and Normandy Invasion at 10/1 (+1000).

The #4 seed Syracuse Orange out of the East region and the #4 Michigan Wolverines from the South region will both be looking to earn their place in the 2013 NCAA championship game when they meet on Saturday at 8:49pm EST from the Georgia Dome in Atlanta. Syracuse vs Michigan odds in Vegas at the MGM Mirage, Wynn and Caesars have listed the Wolverines as 2-point favorites against the Orange while the Final Four betting total has been set at 131 for the game that can be seen live on CBS. Syracuse will look to continue their recent success since defeating the Marquette Golden Eagles 55-39 last weekend.

The #9 seed Wichita State Shockers out of the West region and the #1 Louisville Cardinals from the Midwest region will both be looking to punch their ticket to the championship game when they meet at the Georgia Dome on Saturday at 6:09pm EST. Wichita State vs Louisville odds have listed the Cardinals as 11-point basketball betting favorites against the Shockers with an over/under total of 131½ for the game that can be seen on CBS. Wichita State will continue their Cinderella run through the tournament after coming off a 70-66 win against the Ohio State Buckeyes last Saturday.

Nobody ever said betting on Final Four odds would be a walk in the park, so if you’re one of the many whose brackets were obliterated by the second weekend of action, fear not. The final four of March Madness 2013 on Saturday pit a collection of contenders looking to take down the only #1 seed left, Louisville. What happens next is anyone’s guess. The #9 Wichita State Shockers will look to continue their Cinderella run through the tournament when they face the #1 Louisville Cardinals at 6:09pm EST from the Georgia Dome and will be followed by the #4 Syracuse Orange taking on the #4 Michigan Wolverines at 8:49pm EST with both games being aired on CBS.

As companies across the nation are being flooded with calls from employees taking "sick days," sportsbooks in Vegas are gearing up for what has been predicted to be one of the biggest gambling events of the year. 2013 March madness odds have been listed with betting lines favoring Indiana (#1 East) and Louisville (#1 Midwest) to win the national championship at 5/1 followed by Florida (#3 South) at 7/1, Gonzaga (#1 West) at 10/1 and Duke (#2 Midwest) at 11/1. Kansas might be a #1 seed in the South region but bookmakers have listed the Jayhawks as 11/1 underdogs along with the Miami Hurricanes who have emerged as the #2 seed in the East.

The 2013 NCAA Tournament seeds have been announced as March Madness brackets begin to take shape in offices and schools around the country with the excitement scheduled to tip-off on Thursday. With many fans calling in sick from work to enjoy the first games of the competition, gamblers have already begun betting on college basketball odds which currently favor Indiana and Louisville to cut down the nets in victory. That being said, handicappers are still wondering whether the unheralded Gonzaga Bulldogs will be able to bust a few brackets after setting a program record by becoming the first team in school history to rally for the #1 seed in the West Region.

It's hard to believe that Tiger Woods hasn't mastered every course on the PGA Tour but since 2008, the 37-year-old hasn't made it past Day 2 of the World Golf Championships in Arizona. This year should be different however as golf betting lines in Vegas favor Woods in 2013 WGC Accenture match play odds to claim the title at Dove Mountain followed by Rory McIlroy, Charl Schwartzel and Ian Poulter. Woods would return a payout of 10/1 to claim the WGC title this week followed by McIlroy at 12/1 with Schwartzel and Poulter at 16/1 while returning champion Hunter Mahan has been given a longshot price of 22/1.

Handicapper and gambling fans alike are beginning to pencil in their favorites to win the first jewel of the Triple Crown despite the historic race being run in nearly three months. The famed Churchill Downs 1¼ mile (10 furlongs) track will host the $2-million USD race on May 4th, 2013. Vegas bookmakers have also listed their favorites in Kentucky Derby lines favoring Flashback followed by Itsmyluckyday, Verrazano and Violence. Early horse betting on the "Run for the Roses" favors Flashback and Itsmyluckyday at 10/1 with Verrazano and Violence at 12/1.

Many handicappers and gamblers alike thought the Notre Dame had a chance to upset the Crimson Tide for the title of best in the country last season. However, the Fighting Irish instead fell to the Crimson Tide's recent dominance in an embarrassing 42-14 loss. That being said, it is no surprise why bookmakers in Vegas have 2014 BCS odds to win the national championship favoring Alabama followed by Oregon, Ohio State and Texas A&M. College football lines have Alabama listed at 13/4 followed by Oregon at 13/2 with Ohio State at 7/1 and Texas A&M at 10/1.