Horseplayers scheming for years to cash in on that ample trend might have an easy way to do it now. But betting against Life Is Good, or any of a few other 3-year-olds, is not as much a get-rich-quick scheme as it is another method of hedging or even bridge jumping.
Borrowing a page from some foreign bookmakers, Circa Sports has taken the seven shortest-priced horses in its Derby futures and offered yes-no options on each of them. The “yes” prices match their odds to win May 1. The “no” prices are what players can lay to bet they will not win.