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LOUISVILLE, Ky. -- The post-position draw for the Kentucky Derby is one of the few times in thoroughbred racing when getting first is not something to celebrate.

Last Saturday, during the draw for this Saturday's 152nd running of the race at Churchill Downs, that distinction went to Renegade.

Despite the ominous spot for Renegade, Churchill Downs' morning-line oddsmaker Nick Tammaro still set the 3-year-old colt as his early 4-1 favorite for the 1-1/4-mile race that serves as the start of racing's Triple Crown.

Drawing the inside post means Renegade will be the horse closest to the rail. While he would have the shortest path to the finish line, he will also have to avoid getting pinched along the rail as up to 19 competitors try to move in at the start.

The last horse to win from the No. 1 post position was Ferdinand in 1986, the last Derby win for legendary jockey Bill Shoemaker.

As for Renegade, the horse trained by Todd Pletcher has never finished out of the money in five starts. After placing twice and showing once in his 2-year-old campaign, Renegade has won both starts this year, including the Arkansas Derby a month ago.

Another horse seeking to buck a trend is Emerging Market. Trainer Chad Brown's horse, who has morning-line odds of 15-1, won the Louisiana Derby in just his second start. However, the last horse to win the Kentucky Derby in just a third start was Leonatus in 1883.

Brown, though, thinks his colt can end that 143-year streak.

'He has such a wonderful mind and is so calm and collected,' said Brown, whose entry got the 15th gate.

Based on Tammaro's projected odds, Renegade is considered one of four horses that stand out in the field. The co-second choices are Further Ado and Commandment at 6-1. Both are trained by Brad Cox, a Louisville native. Commandment has won four straight, including the Florida Derby at Gulfstream Park on March 28, while Further Ado impressed many with his 11-length win in the Blue Grass Stakes a week later at Keeneland.

Commandment drew the sixth post, and Further Ado will break from the 17th. Further Ado moved into that spot after Silent Tactic was scratched on Wednesday.

The fourth choice at 8-1 is Chief Wallabee, who will break from the 12th gate. He finished second to Commandment in the Fountain of Youth Stakes in February and third in the Florida Derby. Trained by Bill Mott, who won the Kentucky Derby last year with Sovereignty, is adding blinkers to the colt in hopes it will improve his performance.

'He seemed to be maybe just a little more straight and maybe a little more true,' Mott said after the draw.

Another horse drawing interest is The Puma, who won the Tampa Bay Derby on March 7 and followed that up by finishing second in the Florida Derby three weeks later. Trained by Gustavo Delgado, the colt will break ninth and has odds of 10-1.

Trainer Bob Baffert has a pair of longshots in the field as he seeks a record seventh Derby win. Litmus Test is 30-1 coming off a seventh-place finish in the Arkansas Derby, while Potente, at 20-1, finished second in the Santa Anita Derby to So Happy (15-1). Litmus Test is starting fourth, Potente 14th.

There are currently 20 horses entered, with three also-eligibles. Great White joined the field Wednesday after Silent Tactic was scratched. An also-eligible can enter the race, based on the points they acquired in prep races, if another starter is scratched before 9 a.m. ET Friday.

--Steve Bittenbender, Field Level Media