PICTURES OF THE DAY – KY DERBY FAVORITES

Bodemeister takes a spin on Thursday morning in preparation for the 138th Kentucky Derby at Churchill Downs on May 3, 2012 in Louisville, Kentucky. (Photo by Elsa/Getty Images)

Dullahan trains in preparation for the 138th Kentucky Derby at Churchill Downs on May 3, 2012 in Louisville, Kentucky. (Photo by Elsa/Getty Images)

Exercise rider Hector Ramos takes Kentucky Derby entrant Gemologist for a workout at Churchill Downs Thursday, May 3, 2012, in Louisville, Ky. (AP Photo/Charlie Riedel)

Hansen trains on the track in preparation for the 138th Kentucky Derby at Churchill Downs on May 3, 2012 in Louisville, Kentucky. (Photo by Elsa/Getty Images)

Union Rags trains on the track in preparation for the 138th Kentucky Derby at Churchill Downs on May 3, 2012 in Louisville, Kentucky. (Photo by Rob Carr/Getty Images)