Horse racing fans can finally rejoice, as Saturday, May 5 marks the Super Bowl in the horse racing world. The 2012 Kentucky Derby will be held on May 5, and fans who are looking to watch the race live had better make sure they are by their television sets, or at the bar, by post time -- it's called the Fastest Two Minutes in Sports for a reason after all.

The post positions for this year's Kentucky Derby are as follows:

1. Daddy Long Legs
2. Optimizer
3. Take Charge Indy
4. Union Rags
5. Dullahan
6. Bodemeister
7. Rousing Sermon
8. Creative Cause
9. Trinniberg
10. Daddy Nose Best
11. Alpha
12. Prospective
13. Went The Day Well
14. Hansen
15. Gemologist
16. El Padrino
17. Done Talking
18. Sabercat
19. I'll Have Another
20. Liaison

Post time is schedule for 6:24 locally at Churchill Downs in Louisville, Kentucky, 5:24 in Kansas City. Televised coverage of the race can be found on NBC. Pre-race coverage will begin at 3:00 p.m. CT on NBC, with an all-access look at the Kentucky Derby, as well as live red carpet coverage for those interested in celebrity fashion. NBC will air post-race coverage up until 6 p.m. CT, before the coverage switches to NBC Sports Network, who will air a post-race show until 7 p.m. CT.

As of Saturday morning, there's a new favorite to win the race. Union Rags, who previously was listed at 9/2 odds to win, is now the favorite at 6/1. Bodemeister, who had been given 4/1 odds after the post positions were drawn, is no longer the favorite and now sits at 8/1 odds along with Gemologist and Take Charge Indy. Hansen also has 7/1 odds.

For more on the Kentucky Derby, be sure to head over to And Down The Stretch They Come and join the discussion.