May 4, 2025

2025 Derby Recap - Sovereignty wins

Riders Up! Strikes Gold with Sovereignty!

What a wild ride in 2:02.31! The 151st Kentucky Derby crowned Sovereignty, the divine longshot and Riders Up’s headline pick, as the ruler of Churchill Downs. With Junior Alvarado channeling his inner prophet, the pace collapsed just as scripted (:46.1 at the half), and Sovereignty stormed from 17th to the lead like he was on a mission from God. By the top of the stretch, it was all over but the shouting, as he pulled away by 1 ½ lengths from favored Journalism.

Riders Up selections delivered the holy trinity of payouts: WPS on both Sovereignty and Journalism, plus the Exacta, Trifecta, and Superfecta. And had we only followed our own Saturday gospel on Owen Almighty loving the slop? The Super High-Five would’ve been ours too. Divine inspiration, or just data-driven destiny? Either way, outstanding effort after some recent struggles. 

Riders Up! Selections








May 2, 2025

2025 Derby Selection

 

The 151st Kentucky Derby is upon us, and with it, the 27th installment of Riders Up!,  a tradition that began 30 years ago with a youthful hunch on Thunder Gulch (1995) and a collegial weekend with my closest Notre Dame friends. That day we went from the infield (outhouse) to the paddock (penthouse), grunge-clad in Doc Martens, shorts, and flannels, somehow mistaken for Pearl Jam while rubbing shoulders with Bo Derek. That fever dream sparked a yearly ritual now steeped in film study, form cycles, and writing about the past year in my life. Thankfully, my wardrobe has upgraded, hat tip to Brunello Cucinelli. It’s been over two decades since I stood beneath the Twin Spires on Derby weekend, a streak that must end soon with a dear friends, DRF in one hand, and a view from the Woodford Reserve Paddock Club. So cue “My Old Kentucky Home,” raise a glass, and let’s chase greatness once more. 

Last June, James, Elle, and I went full Eat, Pray, Parent across Italy, soaking up ancient history in Rome and spending a humbling day at the Vatican, where we narrowly missed seeing Pope Francis (God bless him). Here's to the conclave ushering in white smoke and a worthy shepherd. From there, we zipped along the Amalfi Coast like Bond villains on a private boat, and galivanting through Florence on a perfectly unstructured day built around gelato, laughs, and just enough shopping to test the luggage zippers. Elle critiqued street fashion with Vogue-worthy precision, while James delivered dry one-liners sharper than a Roman gladiator’s sword. Between dodging Vespas and debating whether Michelangelo or cacio e pepe is Italy’s greatest gift to the world, we made memories as timeless as the cobblestones beneath our feet.

James is 18, four weeks from donning cap and gown, and ready to trade high school halls for hacking firewalls at Full Sail University, where he’ll study Information Technology and Cybersecurity. Still chanting COYS with conviction (despite Spurs’ lifelong vow to test his faith), I’m hoping he takes Tottenham's motto “To Dare is to Do” seriously, especially the do part. His dry wit keeps us all in stitches, and in June we chased his football passion to Germany for Euro 2024, catching England vs. Denmark and Netherlands vs. France. If cyber threats fear him even half as much as he fears missing a Legendary Pokémon, I’d say the internet is in very safe hands.


Elle, 15 going on CEO, is a high school sophomore already deep in the college tour circuit withThanksgiving weekend saw us roaming UCLA, USC, and Pepperdine campuses, though the final runway is still TBD. Her discipline and drive paid off with a golden ticket to New York this summer for Vogue’s Fashion Business School, where she’ll study the creative and commercial forces behind haute couture. In July, we took a father-daughter getaway to London, only confirmed what I already knew: her eye for style is razor sharp. She’s clearly destined to elevate the family’s fashion standards to entirely new runway-ready and business-savvy heights.

Since leaving AWS and then Blockdaemon in 2023, I’ve been semi-retired, thank you bitcoin, and exploring that elusive sweet spot between sabbatical and strategic drift. I traded boardrooms for bodywork, swapped KPIs for Korean skincare, and dove headfirst into self-care including recently returning from a rejuvenation in Seoul that had me feeling like Benjamin Button. I also spent a transformative week at the Hoffman Institute, which essentially upgraded my spiritual WiFi from dial-up to fiber. Amid all that inner rewiring, I’ve kept my heart close to home, continually praying for my parents’ health, who gave me every opportunity to succeed. Love you, Mom and Dad.

These days, my compass points firmly toward obedience tuning into what God has planned for me both personally and professionally. I’m entertaining new opportunities, but I’ve come to learn that growth doesn’t always arrive in pitch decks or job offers; sometimes it whispers through stillness, surrender, and sacred timing. And that quiet obedience? It led me to the once-in-many-lifetimes woman. 

Exactly one year ago today, I was putting the finishing touches on my 26th Riders Up! likely sleep deprived and over-confident in my selection unaware that the real headline that day wouldn’t be about horses, but a first date. That night, I met Denise, and May 2nd, 2024, changed my life forever. Due to us both traveling it took 96 days from swiping right on Bumble (January 28) to finally meet in Yountville (longer than most congressional bills take to die in committee), but worth every moment. I’ll let her tell the full story, it’s better with her delivery. I’ll never forget her outfit, shoes, the sparkle in her eyes, the hours of conversation, and the fact that we said grace before the meal. God was there at the start, and He’s been at the center ever since.

Denise is the most beautiful woman I’ve ever met, inside and out. She has the largest heart of any human, authentic, brilliant, rooted in truth, God-loving, and the only person I know who can light up a NewsNation segment and write a book that both sides of the aisle should read Politics for People Who Hate Politics . Since that first date, we’ve been inseparable. Our second date? Vegas. Delilah. She wasn’t convinced I could actually get her and her friends a table to celebrate her birthday as they tried unsuccessfully. Thankfully she invited me to meet her and possibly call my bluff while I confidently delivered a Royal Flush.

 
Since then, we’ve hopscotched the globe, racking up memories from Minnesota to D.C. onto Nashville, Austin to Montana, with stops in Aspen, San Diego, Dallas, Houston, Chicago, West Palm, Miami, Charleston, and Norfolk—plus international chapters in London, Taipei, and Seoul. And then there was our dreamy escape to the Grand-Hôtel du Cap-Ferrat, followed by what I humbly declare the finest hotel on Earth: Passalacqua on Lake Como, where even the Negronis felt like a love letter. My love for her has only grown stronger with every prayer, every mile, every laugh.  God works mysteriously on His time and we came into one another's lives at the right moment. An example of how we get one another, around 2am on Election Night, sitting in the NewsNation green room, after buying George Will a cheeseburger and chatted all things Minnesota with Governor Pawlenty, we decided then and there to submit an application on an apartment in our nation's capital. Her TV career and PR firm is blooming like the April cherry blossoms, and with a crypto-friendly administration (finally), it makes perfect sense - oh BTW yes Denise and I "drop(ped) it like it's hot" hanging with Snoop at The Crypto Ball during the inauguration. 


A few weeks later, on our 9th monthaversary, I proposed at the Caribou Club in Aspen and she said yes. As if God wanted to leave no doubt He was in on it, there was a Bumble pop-up shop next door. Divine sense of humor: confirmed. Today marks one year since I first laid eyes on the woman who made me believe in forever, and I can’t wait to hold her hand for, God willing, the next six decades (and beyond). Once this Derby selection is locked in, it’s back to wedding planning as we prepare to celebrate with our closest friends and family this September in Umbria, Italy. And while I’ve had my share of winning picks over the years... Denise will forever be my greatest selection.  

The 151st Kentucky Derby isn’t just fast horses and mint juleps, it’s layered drama at full gallop. Bob Baffert returns from exile with Citizen Bull, the former 2-year-old champ now stuck on the rail and chasing redemption from the dreaded one-hole.

Atop the talent board is favorite Journalism, the unbeaten Curlin colt with push-button gears and big-horse energy. If the speed melts down, he may turn this into a headline rout. Sovereignty brings late firepower, Godolphin polish, and a name fit for a sermon, divine order in a chaotic stampede. And don’t sleep on Sandman, the surging gray who could cue Metallica as he "enters" the stretch. Ten years after American Pharoah’s historic run, Derby 151 feels primed for another unforgettable chapter.

Pace Scenario

The 2025 Kentucky Derby is shaping up to be a fast-paced contest, with several frontrunners poised to set a brisk early tempo. Notable speed horses include Citizen Bull, Neoequos, East Avenue, and Owen Almighty. All of whom like to be forwardly placed. Based on past races and current form, the opening quarter could approach 22.5 seconds, with the half-mile potentially just under 46 seconds. This is fast, but not quite historically blazing. For context, some of the swiftest early Derby paces came in 2001 (22.25 / 44.86), 1981 (22.2 / 45.2), and 2013 (22.57 / 45.33), the latter of which was notably the first year under the current points-based qualification system that de-emphasizes sprint races and tends to filter out pure speed horses.

Since the advent of the Derby points system in 2013, Derby paces have generally moderated compared to the wild early splits seen in the 1990s and early 2000s, when horses like Songandaprayer or Spanish Chestnut scorched the opening half before folding. Still, a sub 46 half-mile would be among the fastest of the points-era, and could test the resolve of early leaders.

Such fractions would favor stalkers and closers. Horses like Journalism with tactical speed and a push-button kick are well positioned to pounce. Sandman and Sovereignty, both proven stretch runners with stamina-friendly pedigrees, loom large if the pace melts down late. It's all about navigating traffic!

Handicapping the Derby

Derby Winner Profile: Post 2013 Point System Era (2013-2024)

Riders Up! has been flailing at the finish line since the Derby Point System trotted onto the scene in 2013. In 12 years, I’ve managed just 1 Win (Orb), 1 Place (Tiz the Law), and a modest 4 Shows. So this year it's all about the data.

Since 2013, a clear Derby Winner Profile has emerged:

  • Running Style: Tactical stalkers and mid-pack closers dominate. Authentic (2020) is the lone wire-to-wire winner in anomaly COVID year when Derby was in September.

  • Final Prep: Every winner finished 1st or 2nd in their final prep.

  • Final Fractions: The “Final Fractions Double Qualifier” (FFDQ) theory lives on with last 3/8 < 38.00 sec and last 1/8 < 13.00 sec signals stamina and finishing power.

  • Speed Figures: Winners regularly post a Beyer >95 and TimeformUS late pace >100.

  • Pedigree: Names like Curlin, Tapit, Into Mischief, and Empire Maker show up again and again. Dosage Index under 4.00 is the sweet spot.

  • Strikes System: Most winners have 0–2 “strikes” using Jon White’s historical benchmarks.


2025 Derby Selection Sponsor  
           The Business Bible

Riders Up! 2025 Derby Selection 

18 Sovereignty

Sovereignty – Kingdom-Bred, Bitcoin-Backed, and Born for Glory

Born on 2/22/22. Yes meaning twos are wild and providence whispers louder than odds. Sovereignty is more than a name, it’s a statement, In the Bible, sovereignty reflects God’s ultimate rule. Fitting for a colt owned by Godolphin, a place I visited last year while in Dubai. Now, he charges into the first Saturday in May as a third-time starter off a layoff, primed to peak, flashing a 114 Timeform late pace figure, Final Fractions Double Qualifier credentials, and a classic closing style built for 10 furlongs. 

His pedigree is inbred to my second favorite horse ever, Seattle Slew, who won the Triple Crown in 1977 which happened to be the year Denise was born while also having ties to my favorite horse of all-time, Secretariat, who won the Triple Crown the year I was born. And somehow it all feels intentional like bitcoin, powerful, inevitable, and decentralized from all chaos. When the gates open, I’m not just betting a horse, I’m backing a higher plan!!

I flirted with the favorite, Journalism, as he’s clearly the class of the field. It felt a little too familiar, like last year’s ill-fated romance with Fierceness. Sandman had his appeal too (cue Metallica), especially on the 20th anniversary of  last gray to win, Giacomo’s shocking glory in 2005. But in the end, I’m sticking with my first instinct and you know what they say, trust your gut, especially when it's Kingdom-aligned.


*** SATURDAY UPDATE DUE TO SLOPPY CONDITIONS.
I will continue with my selections, however from a betting perspective there are things to consider. note that I look at Tomlinson ratings and feel this could benefit a few horses while impacting others. I have added a column to my analysis above.

Tomlinson Ratings are pedigree-based scores (0-480) predicting a horse's ability on a specific surface, with higher numbers favoring stronger genetic suitability, especially on wet tracks. 
 

Still like my top 3 Sovereignty, Journalism, Sandman with rain. Track conditions improve chances for Citizen Bull, Final Gambit, Burnham Square, East Avenue while bringing in longer shots that could hit the board Owen Almighty, American Purpose. It could negatively impact Luxor Cafe, Tiztastic, Baeza

Riders Up! See You in the Winner's Circle.



May 3, 2024

2024 Derby Selection

2024 Kentucky Derby Selection – Derby 150

The 150th Kentucky Derby marks my 26th instance pontificating and prognosticating on the fastest two minutes in sports. It’s mind boggling that it has been 20 years since I last traveled to the 502 visiting the venerable Twin Spires on the first Friday and Saturday of May. That needs to change for 2025 (who's in?) especially after the $200MM paddock renovation where My "Old" Kentucky Home would be in the Woodford Reserve Paddock Club and well positioned to hear this forum’s namesake “Riders Up!” ahead of the Derby.


Several life changes have occurred since the prior chapter in this compendium of picks.  My mom has courageously battled Dementia/Alzheimer’s for the past 7 years. In October, as a family, we made a difficult decision to move her into Long Term Memory Care.  She has received tremendous support while in outstanding physical condition. It has been an adjustment for my dad, now living on his own while visiting her daily – their love for one another sets the example -- Now Dad watch the sugar!!  I have made 9 trips back to Minnesota since October to take some of the care burden off my sister, Tracy, and brother, Jason.  Both have been true champions throughout supporting my parents. Life is about staying positive while playing the hand dealt. 


Special cheers to Tracy who was married on New Year’s Eve to “Jeff S” (as my mom says). Thrilled to welcome Jeff and his daughter, Bri, officially to the family. A natural fit with The Hasselmans as they both golf – quite well too. Speaking of golf, my game has been in shambles since my good friend, Sean Mangan, placed an Ian Baker Finch hex during our first Notre Dame Boys Trip in Myrtle Beach. Much more to that story. We’ve had 21 trips dating back to 1997after an idea proposed by Kentucky’s own Craig Allen. Gents, who’s planning 22, Not It. Another callout to Notre Dame teammate and dear friend John Rushin who's dad, Don, recently died after a tremendous life. I cannot wait for the reality series centered on him now that Curb Your Enthusiasm has wrapped. Many memories including ND Father-Son Golf with the Rushins, Bohmers, and Soderlings (also a thought for Bruce Soderling). 

James and Elle continue to grow up way too quickly chasing their dreams. Time is our most precious commodity, and I am trying to soak in as much of it as I can before they are able to vote. They continue to thrive in their own way. James is finishing his Junior year in high school while Elle is completing her Freshman campaign. Last summer we journeyed to Washington DC to strengthen their understanding of our great country’s history. Fortunate to also take individual trips with both.  James and I headed to LA to watch Messi play and dine on fabulous food, two of his passions. Elle and I made a memorable voyage to NYC where she was able to take in The Met, The Plaza, The Rock, and also partake in sublime cuisine. This summer we are spending time in Rome (on to Ancient History with both kids), Germany (Euro 2024 Soccer Championships with James), and London (checking in on the Princess of Wales with Elle).


In June and after 6.5 years at “a tiny book company” as the “other Jeff” I left AWS and my role as Global Head of Web3 to become President at Blockdaemon, a venture-backed blockchain infrastructure company. After 5 months decided to leave to focus on my parents, spend more time with my kids, and return my professional attention to helping blockchain BUIDLers. Today, I am happily advising and investing in blockchain startups on my own while also speaking at crypto conferences. Recently attending Paris Blockchain Week (where I went on a date with Mona Lisa – she was not very talkative and Van Gogh rose from the ashes to do one more portrait) and then Dubai (where the biggest floods in 75 years hit, also hung out at Godolphin Headquarters and Meydan Racecourse prepping for Riders Up!).

The last year has been very good. I thank God for all those in and who have entered my life. Travel continues to be a core tenet.  Few more callouts since we last gathered, F1 Vegas Paddock was sensational (Hi Brad Pitt, Michael Phelps, Shaun White, Steve Aoki, Veronika Rajek, and more), U2 at the Sphere was a treat (yes I should have residency in Vegas if not for tax purposes), and 18 at Pine Valley thanks to good friend David Bickford from CoinDesk and alongside another good friend and Web3’s younger Gary Player, Adam Lee.  Ok, with 26th selection of the Kentucky Derby, Riders Up selects…

Race Thoughts

Occasionally the crop of sophomore runners lacks talent.  The overall field is certainly off for the 150th Run for the Roses. There have been only 3 100+ Beyer Speed figures run this year. That said one horse clearly has been the most dominant having 2 of those 3 100+ Beyers, 17 Fierceness (110, 105). Fierceness best is 9 better than 3 Mystik Dan’s 101. Since 1980 only one time has the Derby winner not run a 100 Beyer. 12 of 20 entrants' best Beyer is 91 (yes 91) or lower thus a massive jump for them or the race completely falls apart for many of them to be in the equation. 

Unfortunate that Churchill Downs extended Bob Baffert’s suspension another year.  Baffert is an all-time trainer, most Derby wins, and would have had a solid runner in Muth (winner of Arkansas Derby) among others to improve the quality of this field. It's like the NFL without Belichick. The California crop is noticeably weaker as the Santa Anita Derby winner, 18 Stronghold, had an appalling 89 speed figure. There are trainers with the same drug infraction, the legal steroid Betamethasone, that received $500 fines and then allowed to race again. Hope to see his horses in 2025.

Soon we will see an invasion of Japanese champions winning more elite American races. 1991 Derby Winner Sunday Silence had softer breeding sales and eventually was purchased and moved to Japan breeding horses. His son, Deep Impact, is building quite a resume and this year is grandsire to 11 Forever Young.  Would not surprise me if he won, however trends say otherwise as Forever Young won the UAE Derby at Meydan. UAE Derby runners are 0-19. Last Year Derma Sotogake finished 6th in the Derby. Placing would be an achievement. Queue Rod Stewart.   

A nod to John Velazquez and his 26th Derby which is in harmony to Riders Up selections. Just so happened to be my college jersey number too.

Race Pace

Determining pace scenarios is critical to identifying prospective top finishers. After post position draw, it is unquestioned that 1 Dornoch will need to fire out of the gate to avoid the squeeze as horses come to the rail to save ground into the first turn. Along with him are 12 Track Phantom (wearing blinkers which tends to make horses run faster) and 8 Just a Touch.  After the defection of 9 Encino, it shuffles favorite 17 Fierceness to 16 hole and out of the 17 hole curse where an anomaly that no horse has won from that post. I see him being 4 wide in 1st turn just off the pace.  I expect 22+:, 45+: for the times which benefits closers mindful they need to navigate a minefield of horses to have a clean trip heading to the wire.  

THE FIELD for the 150th KENTUCKY DERBY

Toss (7 Horses + 1 Scratch +  1 Also Eligible)

PP

Horse

S– W – P – S

$

Style/Beyer

TimeForm

Dosage/Strikes

5

Catalytic

3-1-2-0

$216k

Speed 90

11114

3.00 1 (2)

9

Encino SCRATCH

4-3-1-0

$378k

Mid 94

1146

2.33  0

10

T O Password

2-2-0-0

$163k

Mid --

10221

1.00 3 (1,3,7)

13

West Saratoga

10-2-5-1

$460k

Mid 85

11016

3.00  1 (4)

15

Domestic Product

5-2-1-0

$314k

Mid 87

10122

3.00 1 (3)

16

Grand Mo the First

6-2-0-4

$215k

Mid 87

10917

1.22 2 (2,3)

20

Society Man

5-1-1-1

$197k

Closer 87

10917

3.80 2 (2,8)

21

Epic Ride

5-2-2-1

$253k

Speed 90

1165

1.40 3 (1,2,4)

22

Mugatu (AE)

12-1-1-3

$80k

Mid 87

10719

3.00  0

Factors – Cuts (5 Horses)

PP

Horse

S– W – P – S

$

Style/Beyer

TimeForm

Dosage/Strikes

1

Dornoch

6 -3-2-0

$552k

Speed 91

1146

2.50  0

6

Just Steel

11-2-4-1

$725k

Mid 95

1183

4.00  2 (2,3)

12

Track Phantom

7-3-2-1

$405k

Speed 94

11213

2.20 1 (4)

14

Endlessly

6-5-0-0

$707k

Mid 91

1138

3.60  0

18

Stronghold

6-3-3-0

$827k5

Mid 89

1138

3.00  0

 Contenders (8 Horses)

PP

Horse

S– W – P – S

$

Style/Beyer

TimeForm

Dosage/Strikes

2

Sierra Leone

4-3-1-0

$918k3

Closer 98 (3)

1164

2.00  1 (3)

3

Mystik Dan

6-2-1-1

$641k

Mid 101 (2)

1138

3.00  0

4

Catching Freedom

5-3-0-1

$877k4

Closer 97 (4)

11213

5.67  1 (3)

7

Honor Marie

5-2-2-0

$526k

Closer 96

11114

3.24  1 (3)

8

Just a Touch

3-1-2-0

$282k

Speed 96

1202

3.57 3 (2,4,7)

11

Forever Young

5-5-0-0

$2.1M1

Mid --

10520

3.00  0

17

Fierceness

5-3-0-1

$1.7M2

Speed 110 (1)

1241

5.00 1 (4)

19

Resilience

6-2-1-1

$495k

Mid 90

11213

3.50  2 (4,6)

 2 – Sierra Leone reminds me of a better bred 2010 Riders Up Selection Ice Box that was a deep closer and was able to navigate traffic finishing 2nd.  Third race off a layoff (I love). Can Sierra weave his way through traffic down the stretch as he will be flying?

3 – Mystik Dan a Long Shot special? With 1 of the 3 100 Beyers in the preps. I say why not. Will a  a clean trip will be there?  It’s the Derby so that is always the question.

4 – Catching Freedom is a deep closer like Sierra Leone. Excellently bred with 2009 Riders Up Selection Pioneerof the Nile who finished second as his Dam’s sire. Certainly improving. Longer layoff similar to 2006 Riders Up Selection Barbaro’s 7 Weeks ahead of his Derby Win.

7 – Honor Marie is 1 of the 2 Wise Guy selections. Improving steadily. Third off a layoff.

8 – Just a Touch is a Brad Cox runner who did not run as a two-year-old so raises foundation questions. His Father Justify did just that in 2018 erasing 136 year Apollo curse. Has been strong and one could argue ran a better race than Sierra Leone in Bluegrass finishing 2nd.

11 – Forever Young has many curses against it here. That said there is a lot to like and could be that first Japanese Triple Crown champion.

17 – Fierceness Simply the best in the field. That said, has had 2 clunkers in his 5 races.  Pletcher only has 1 entrant so all attention here.  Third off a layoff. Breeder’s Cup Juvenile Champion. Last year owner Mike Repole the morning of race had to scratch the prohibitive favorite and what would have been Riders Up Selection Forte. Is there Redemption as he seeks the elusive (to date) Derby? 

19 – Resilience is another Wise Guy Selection. Must make a massive jump to win. 

2024 Riders Up Selection

17 Fierceness

After starting 5 of 6 Derby winner selections (other was 3rd) then 8 of 15 (with 4 in the money), Riders Up selections has hit a cold streak not finding a winner and only 4 in the money since 2013 winning with Orb - I selected two horses that year as Orb was the post-time favorite (my other selection ran 3rd). No right minded handicapper can simply pick the favorite, right? Interesting as that year was the beginning of the new Derby Points System. Since then 6 of 11 (54%) of favorites have won the Derby with favorite winning 6 races in a row 2013-2018. Since 2019 the post-time favorite has finished 4th, 2nd, 3rd, 2nd, 3rd.  In The Money. There is one horse that is undoubtedly the best in the field, so its all about the KISS principle this year. Keep It Simple Stupid.

Position

Horse

Jockey

Trainer

Owner

Win

17 Fierceness

Velazquez

Pletcher

Repole Stable

Place

11 Forever Young

Sakai

Yahagi

Susumu Fujita

Show

8 Just a Touch

Geroux

Cox

Qatar Racing

4th

2 Sierra Leone

Gafflione

Brown

Magnier, Tabor

5th Long Shot

3 Mystik Dan

Hernandez

McPeek

4 G Racing

6th

7 Honor Marie

Curtis

Beckman

Ribble Farms

7th

4 Catching Freedom

Prat

Cox

Albaugh Family

8th

19 Resilience

Alvarado

Mott

Emily Bushnell

 Riders Up! See You in the Winner's Circle.