Kentucky Derby 2017 Live Stream: Live update, odds, When is the Kentucky Derby 2017: Date, post time, TV channel and more info,Where: Churchill Downs in Louisville, Kentucky, When: Wednesday, May 3, at 11 a.m. ET.

The 2017 Kentucky Derby field will continue to take shape this week with the announcement of post positions, which will happen Wednesday morning at Churchill Downs. Those positions have a chance to alter Derby week betting odds with Classic Empire and Always Dreaming currently penciled in as the race’s co-favorites with 4-to-1 odds.

But the 2017 Kentucky Derby field is wide open and has a chance for surprises to emerge from the middle of the pack. Always Dreaming is the favorite to watch as an “aggressive and strong colt,” but watch Irap at 28-to-1 odds as a darkhorse, writes handicapper Jon Price of for Forbes.Ahead of Saturday’s Run for the Roses, Churchill Downs will play host to the highly anticipated post draw for the 2017 Kentucky Derby on Wednesday.While the draw doesn’t necessarily make or break the chances of most horses, getting pinned to the rail or being forced to start too far outside can make things far more challenging for jockeys in the first leg of the Triple Crown.Here is all the information you need to watch the post draw, along with a closer look at some of the Kentucky Derby’s top contenders.

The Derby features 3-year-olds racing 1 1/4 miles. Horse racing officials say approximately 22,000 thoroughbreds were foaled in North America in 2014 and about 1 percent of the crop will be nominated for the so-called Run for the Roses.

The field has been capped at 20 starters since 1975, with preference given to horses with the most graded stakes earnings.Classic Empire, trained by Mark Casse, is the leading 3-year old stakes earner at $2,093,820. Thunder Snow ($1.621 million) and Gunnevera ($1.137 million) are the only other seven-figure stakes earners heading into the post-draw.

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