(The Spread) Uncle Mo is a no-go for the 2011 Kentucky Derby, which is significant considering he has long been considered one of the favorites to win at Churchill Downs.

View the 2011 Kentucky Derby TV Viewing Guide

During a press conference early this morning, trainer Todd Pletcher and owner Mike Repole announced the decision to pull Uncle Mo from the Kentucky Derby. After consulting with three veterinarians, it was discovered that Uncle Mo has a gastrointestinal infection, which stems from his disappointing finish at the Wood Memorial on April 9.

So how does Uncle Mo’s news affect the odds at Churchill Downs? Well, quite a bit actually.

When oddsmakers from online sports book SBGGLOBAL.com posted the updated odds for the Derby earlier this week, Uncle Mo was +400 on the money line, which put him right behind favorite Dialed In (+350). When the post positions were drawn on Wednesday, Dialed In moved to +300 on the ML, while Uncle Mo dropped from +400 to +350.

Now Dialed In has dropped even further with the news that Uncle Mo has been scratched. According to oddsmakers, Dialed In is now +250, while Nehro is second at +700. What’s interesting about Nehro’s odds is that his have actually dropped despite the news of Uncle Mo. Nehro went from +600 on Monday to +400 on Wednesday and now he’s up to +700. (Of course, he doesn’t have the best post position either after drawing No. 19 – a gate that has never produced a Kentucky Derby winner.)

Twice The Appeal is another horse that seems to be garnering more attention now that Uncle Mo is out. He went from +2000 on Wednesday, all the way down to +1000. Of course, Calvin Borel will also have the mount on Saturday, which has probably affected Twice The Appeal’s odds the most. Borel, of course, has won three of the last four Kentucky Derbys.

For a complete list of updated odds on this year’s Kentucky Derby, see below.

2011 Kentucky Derby 137 Odds to Win – Who will win the Kentucky Derby?

Dialed In +250

Nehro +700

Mucho Macho Man +1000

Twice The Appeal +1000

Midnight Interlude +1200

Soldat +1200

Archarcharch +1400

Shackleford +1500

Master Of Hounds +1800

Pants On Fire +1800

Animal Kingdom +2000

Stay Thirsty +2000

Santiva +2000

Brilliant Speed +2500

Comma to the Top +2500

Decisive Moment +2500

Derby Kitten +4000

Twinspired +4000

Watch Me Go +4000

Bet the 2011 Kentucky Derby

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