LOUISVILLE - Nyquist has been made the early 3-1 favorite for the 142nd Kentucky Derby, with Exaggerator the second choice in the full field of 20 horses.

Trained by Doug O'Neill, Nyquist is undefeated in seven career races. The colt drew the No. 13 post on Wednesday. Four horses have won from there since 1900, most recently Smarty Jones in 2004. O'Neill, jockey Mario Gutierrez and owner Paul Reddam teamed to win the race in 2012 with I'll Have Another.

Exaggerator drew the No. 11 post and is 8-1 for the 1 1/4-mile race Saturday at Churchill Downs. He's trained by Keith Desormeaux, whose Hall of Fame brother Kent will be aboard.

New Orleans Saints owner Tom Benson has two horses in the race: Mo Tom drew the 4th post and has 20-1 morning line odds, while Tom's ready will start 12th at 30-1.

Creator, Gun Runner and Mohaymen are the co-third choices at 10-1. Creator will break from the No. 3 post with Gun Runner in the No. 5. Both are trained by Steve Asmussen. Mohaymen drew the No. 14 post.