Well it was a Hunch....

It's a good bet that many Journalists that attended Saturday's Kentucky Derby placed at least a few dollars on one horse. 

Sudden Breaking News seemed like a no brainer for any news person betting a hunch. 

CBS's Gayle King and Fox News Anchor Megyn Kelly bet the hunch, King even posted a picture of the two holding their betting slips.

Sadly for newsies that bet the hunch, Sudden Breaking News finished 5th and out of the money.  

Maybe the newsies should have bet the more appropriately named Exaggerator to Place, which paid $5.40 on a two dollar bet.