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Kentucky Derby 2016: Post position draw live updates, morning line odds

The post position draw for the 2016 Kentucky Derby will be held at 5:30 p.m. ET on Wednesday evening. Though it can be watched live on NBC Sports Network or streamed on NBCSports.com, we'll provide live updates of the draw as it happens if you're on the move or can't tune in, and also provide morning line betting odds once Churchill Downs releases them. It's the biggest checkpoint in Derby week to show the race is finally just around the corner.

Check out the pre-post position draw odds here. Unbeaten Nyquist has been the favorite for the last few months, ever since his win in the Breeders' Cup Juvenile last fall.