148th Preakness Stakes Betting - Horse Racing Odds

148th Preakness Stakes Betting

Preakness Stakes Horse Racing Betting

Kentucky Derby winner Mage is listed as the favorite to win the 2023 Preakness Stakes at morning-line odds of 8-5. Mage was the 15-1 longshot winner of the Derby, but he is getting respect from the oddsmakers for the Preakness Stakes on May 20 at Pimlico. Mage is the only horse from the Kentucky Derby that will be running in the Preakness. The main threat to Mage looks to be Lexington Stakes winner First Mission who is listed with morning-line odds of 5-2. Other horses who could be a threat to Mage include National Treasure at odds of 4-1 and Blazing Sevens at odds of 6-1. Only eight horses will be running in this year’s Preakness Stakes. The other four horses entered for Saturday’s race are Chase the Chaos, Red Route One, Coffeewithchris and Perform. It used to be that horses coming from the Derby were the best bets in the Preakness but that trend has changed recently with Cloud Computing winning in 2017, Swiss Skydiver in 2020, Rombauer in 2021 and Early Voting in 2022.

2023 Preakness Stakes At a Glance

Date: Saturday, May 20, 2023

Location: Pimlico Race Course, Baltimore, MD

Race Distance: 1 3/16 Miles

Record: 1:53 (Secretariat, 1973)

Purse: $1.5 million

Qualification: Three-year-old thoroughbreds

2023 Preakness Stakes Field

PP - Horse - Jockey - Trainer - Odds

1 - National Treasure - John Velazquez - Bob Baffert - 4/1

2 - Chase the Chaos - Sheldon Russell - Ed Moger, Jr. - 50/1

3 - Mage - Javier Castellano - Gustavo Delgado - 8/5

4 - Coffeewithchris - Jaime Rodriguez - John Salzman, Jr. - 20/1

5 - Red Route One - Joel Rosario - Steven Asmussen - 10/1

6 - Perform - Feargal Lynch - C. McGaughey - 15/1

7 - Blazing Sevens - Irad Ortiz, Jr. - Chad Brown - 6/1

8 - First Mission - Luis Saez - Brad Cox - 5/2

Mage is listed as the favorite to win the Preakness after he won the Kentucky Derby. There is no question the horse benefited from the scratch of Forte who would have been the Derby favorite. Mage now heads the field of eight 3-year-olds in the Preakness Stakes. Mage will be looking to stay alive in an attempt to become the 14th Triple Crown winner. The Preakness will be just the fifth career start for Mage. "Just because of the fact that he has only four starts, and usually (horses) tend to get better with races, especially after the third, fourth (starts), I think he has good momentum," said Gustavo Delgado Jr, who is the trainer’s son and assistant trainer, to the media. The concern for Mage in the Preakness is that there are no real speed horses in the race so there may not be much of an early pace and Mage is a closer. "As long as he is in a good rhythm and relaxing in the first part of the race, then he can make his move," Delgado Jr. said to the media, "That's what I want to see. A horse that can relax in the race."

Brad Cox, who had four horses in the Derby will send First Mission in the Preakness. The horse won the Lexington Stakes in his last start. "We're in a good spot. He's had a couple of solid, solid works the last few weeks. He's going to have to step up and run a solid race next week. If he does, I think he'll be in the mix. He's a good colt. We think a lot of him, and we'll see what happens," Cox said to the media.

Trainer Bob Baffert, who has won more Triple Crown races than any other trainer in history will send out National Treasure in the Preakness. Baffert has won the Preakness a record-tying seven times. National Treasure is coming off a fourth-place finish in the Santa Anita Derby.

Chad Brown has Blazing Sevens who will try and follow the same path as Brown’s other two Preakness winners, Cloud Computing in 2017 and Early Voting last year. "We had a few things working against us in the Derby but I don't see many things going against us in the Preakness," Brown said to the media.

The other three horses, Coffeewithchris, Red Route One and Perform are all listed at double-digit Preakness odds on the morning line.

Preakness Stakes Winners (2000)

Fastest Times

1973 Secretariat 1:53.00
2020 Swiss Skydiver 1:53.28
1996 Louis Quatorze 1:53.40
1985 Tank's Prospect 1:53.40
2007 Curlin 1:53.46
1990 Summer Squall 1:53.60

The great Secretariat still reigns supreme at the Preakness Stakes, but there have been times where other horses have challenged his record time of 1:53.00. Four horses have finished within a half-second, and filly Swiss Skydiver came the closest yet to breaking Secretariat’s record at this track.

Swiss Skydiver was tied for the third favorite at post time, but she bested Authentic at the wire by a head to win the 2020 Preakness Stakes. She was the first filly to win The Run for the Black-Eyed Susans since Rachel Alexandra in 2009.

Horse Racing Betting Bonus

Longest Odds To Win

1975 Master Derby 23.40
1925 Coventry 21.80
1926 Display 19.35
2013 Oxbow 15.00
1900 Hindus 15.00
1909 Effendi 15.00

It's hard to believe that there has never been a horse win the Preakness Stakes with a price of even 25 to 1 on his head. Master Derby is the longest shot to ever win the second leg of the Triple Crown at 23.40. Unlike the other legs of the Triple Crown where horses go off the board at 50 to 1 all the time and occasionally win, the Preakness Stakes rarely sees horses go off at those lofty odds. Oxbow, who was 15 to 1 in 2013, is largely considered to have pulled off one of the biggest upsets in Preakness Stakes history. Cloud Computing represented one of the bigger upsets in recent history as well at a price of 13.40 to win the 2017 Preakness Stakes.

Most Jockey Wins

Eddie Arcaro 6 1941, 1948, 1950, 1951, 1955, 1957
Pat Day 5 1985, 1990, 1994, 1995, 1996
George Barbee 3 1873, 1876, 1883
Bill Hartack 3 1956, 1964, 1969
Lloyd Hughes 3 1875, 1879, 1880
Gary Stevens 3 1997, 2001, 2013
Victor Espinoza 3 2002, 2014, 2015
Kent Desormeaux 3 1998, 2002, 2016

Most of the jockeys you see on this list won the Preakness Stakes several times back in the day. However, it isn't out of the ordinary to see an active jockey go on a bit of a run. The most famous recent run came from Victor Espinoza, who won the Kentucky Derby and the Preakness Stakes in consecutive years with California Chrome and American Pharoah respectively.

Kent Desormeaux won his third Preakness Stakes aboard Exaggerator in 2016, giving him a span of 18 years from his first Preakness victory until his third.

The record of six Preakness Stakes victories held by Eddie Arcaro figures to stand up for quite some time in the future though, as no active jockey has more than three career Preakness Stakes wins.

Most Trainer Wins

R. Wyndham Walden 7 1875, 1878, 1879, 1880, 1881, 1882, 1888
Bob Baffert 7 1997, 1998, 2001, 2002, 2010, 2015, 2018
D. Wayne Lukas 6 1980, 1985, 1994, 1995, 1999, 2013
Thomas J. Healey 5 1901, 1922, 1923, 1926, 1929
Jim Fitzsimmons 4 1930, 1935, 1955, 1957
Jimmy Jones 4 1947, 1948, 1956, 1958

R. Wyndham Walden and Bob Baffert hold the record for Preakness Stakes victories with seven. The record of seven by Walden stood for 120 years, but Baffert tied the record in 2018 with Justify’s win. D. Wayne Lukas has six Preakness Stakes wins. It's plausible for him to get his seventh as well, though it's been a while since he's trained a champion three-year old pony, and his options are incredibly limited at the end of his career.

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