Preakness Stakes Betting - Stakes Odds

It is the second race in horse racing’s Triple Crown and the shortest of the three races. Preakness Stakes odds almost always favor the Derby winner although that was not the case last year.


There is not much time between the Derby and the Preakness but history has shown that horses from the Derby do well in this race. The Preakness is shorter than the Derby at a mile and 3/16th and that can be a factor in which horse wins the race.

Last year was an aberration as a horse that didn’t run in the Derby Rachel Alexandra not only won the Preakness but was favored. That simply does not happen but last year the Preakness field was weak and Rachel Alexandra was a great filly. Rachel Alexandra was the first time filly to win the race since 1924. She was also the first winner of the Kentucky Oaks to ever win the Preakness. More history was made as she won from the #13 post, the first time a horse had ever won from that post position. Rachel Alexandra paid $5.60 to win last year while Mine that Bird paid $6.60 to place. The exacta paid $19.60 while the dollar trifecta paid $108.10. The superfecta was not too bad a payoff as the dollar super paid $2,903.80.

Two years ago it was Big Brown winning the Preakness as the heavy favorite and that was more the norm. Usually the Derby winner is favored in the Preakness. Favorites have done quite well through the years in Preakness Stakes wagering. Even last year when Rachel Alexandra won that happened since she went off as the favorite. Kentucky Derby winner Mine That Bird finished second in last year’s Preakness. Three years ago the winner of the Preakness was Curlin while Bernardini won in 2006. Afleet Alex was the 2005 winner while Smarty Jones won in 2004.

Unlike the Kentucky Derby, when you bet on Preakness Stakes odds you are not likely to hit the big ticket. The race does not have nearly as many horses and the favorite does far better than in the Derby. Betting the favorite has been the way to go and trying to find an exacta or a trifecta to go along with that horse is usually the way gamblers bet Preakness Stakes lines.

Exaggerator upsets Nyquist wins the Preakness Stakes

Exaggerator upsets Nyquist at PreaknessSaturday was payday for people who put their horse betting money on Exaggerator to win the Preakness Stakes. Although Nyquist was the odds-on favorite to win the race, he was unsuccessful in his bid to win the Triple Crown and finished third behind Cherry Wine. On a sloppy but sealed track, Nyquist couldn’t keep up with the early pace set by Uncle Lino. He led briefly at the 1/2 mile pole, but by the stretch he faded, and Exaggerator won by3 12 lengths. Cherry Wine had hit his head on the starting gate and was second-to-last for much of the race but saved ground on the rail and rallied in the stretch to take second place over Nyquist by a nose.

When is a Horse a Dog? When he's An Underdog at Preakness

Exaggerator, the underdogThree-year old colt Exaggerator has finished in the top 5 five times and has won four times in his 10 races. In any other circumstances he would be the horse betting odds-on favorites, but the Preakness Stakes he has to settle for playing underdog to Nyquist, the actual favorite for people who bet on horses. Heavy rain – like, actual liquid water in the form of droplets that have condensed from atmospheric water vapor and become heavy enough to fall under gravity, not a horse called Heavy Rain – is in the forecast for Saturday, May 21st, when the 141st Preakness will be run.

Preakness Stakes: is Stradivari a Horse with no Name?

Stradivari in Preakness Stakes 2016Well, of course he has a name. In fact, he is named after a musical instrument make active during the 17th and 18th centuries. But he has not made a name for himself yet. That all may change, however, on May 21st at the Preakness Stakes. In addition to obvious horse betting favorite Nyquist and Exaggerator – favorite to in the category of “horses who would win Preakness in an alternative reality where Nyquist doesn’t exist” – the most often repeated name among people who bet on horses is that of Stradivari. Why is that?

Cherry Wine Draws Post 1 but Nyquist Remains the Favorite

Cherry Wine may have drawn post 1 in the Preakness Stakes

Cherry Wine may have drawn post 1 in the Preakness Stakes, but Nyquist remains the horse betting favorite for the second leg of the Triple Crown – to be raced this Saturday 21st. The draw for the race was held on May 18th and went thusly:

The Preakness Stakes: Attack of the Eight New Shooters

2016 preakness stakesLike any good sequel, the Preakness Stakes – the second leg of the Triple Crown Championship – will feature returning characters. First and foremost, fan and horse betting favorite, our hero, Nyquist. Also, we of course have the Rochefort to Nyquist’s D’Artagnan, Exaggerator. Lani has also been confirmed, while Gun Runner has not been ruled out. But it is the new additions to the cast that our protagonist has to keep an eye out on. At least eight new shooters – horses who did not run in the Kentucky Derby – will attempt to give Nyquist a run for his money – or rather his owner’s money (horses have no use for currency as opposed to people who bet on horses).

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