Preakness Stakes odds are a tradition that date back more than 100 years at Pimlico Race Course in Baltimore, Maryland. That tradition could come to an end as Preakness betting might be moved out of the state of Maryland if things don’t change.
Preakness odds have been at Pimlico for a long time but the track is in trouble financially. The state of Maryland has said they will uses eminent domain, if necessary, to make sure Preakness odds stay at Pimlico Race Course. Online sports betting information tells us that the track is owned by Magna Entertainment Corp. and they filed for bankruptcy in March. The company also owns Santa Anita Park in California as online betting information shows and they put that track up for auction. They could do the same with Pimlico. For now they are not doing that at the urging of Maryland leaders and authorities.
Preakness odds are still unlikely to move since Maryland is looking for buyers. One of the potential buyers could be Baltimore Orioles’ owner Peter Angelos. Preakness odds are Maryland’s largest annual sporting event and it is estimated that Preakness odds at Pimlico generates more than 20,000 jobs and impacts the Maryland economy at more than $1.5 billion dollars.
The best way for Preakness odds to remain in Maryland as sports betting information shows, would be for new ownership. Eminent domain may not be the answer since bankruptcy courts may ignore that authority. Getting new ownership is the answer for Preakness betting.
Preakness odds on Saturday, May 16th will still be from Pimlico as the 134th Preakness gets underway. Preakness Stakes betting options are available at online betting sites around the world. The hope is that Maryland is able to keep Preakness Stakes odds at Pimlico Race Course and all early signs point to that being the case.
Preakness odds on Saturday are likely to see a full field of 14 horses going to the post. The Preakness Stakes betting field will include Kentucky Derby winner Mine That Bird. Preakness Stakes odds are also expected to include the superstar filly Rachel Alexandra. If she makes the Preakness field she would be favored in Preakness Stakes odds. Mine That Bird might be the third, fourth or even fifth choice in online sports betting horse racing odds.
Open an Account and start betting on the 134th Preakness Stakes at SBG Global!