149th Preakness Stakes Betting - Horse Racing Odds

149th Preakness Stakes Betting Online

Preakness Stakes Horse Racing Betting

The 149th running of the Preakness Stakes will take place on Saturday, May 18, 2024 at Pimlico Race Course in Baltimore, Maryland. The Preakness Stakes is the second race in horse racing’s Triple Crown, following the Kentucky Derby which is held on the first Saturday in May and three weeks before the Belmont Stakes in early June. The Preakness Stakes has added excitement because Kentucky Derby winner Mystik Dan will be trying to keep his Triple Crown hopes alive. For the first time in 12 years, the Kentucky Derby winner will not be favored in the Preakness. The Bob Baffert trained Muth is the 8-5 morning-line favorite in the Preakness, while Mystik Dan is the second choice at odds of 5-2. Kentucky Derby winners have not had any recent success in the Preakness, as the last five Derby winners all lost in the Preakness. A total of nine horses are entered for Saturday’s Preakness Stakes. In addition to Muth and Mystik Dan, there are Catching Freedom and Imagination at odds of 6-1, Tuscan Gold at 8-1, Just Steel and Seize the Grey at 15-1 and Mugatu and Uncle Heavy at odds of 20-1.

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2024 Preakness Stakes At a Glance

Date: Saturday, May 18, 2024

Location: Pimlico Race Course, Baltimore, MD

Race Distance: 1 3/16 Miles

Record: 1:53 (Secretariat, 1973)

Purse: $2 million

Qualification: Three-year-old thoroughbreds

2024 Preakness Field (Horse, Trainer, Jockey, Morning-Line Odds)

1. Mugatu, Jeff Engler, Joe Bravo, 20-1

2. Uncle Heavy, Butch Reid Jr., Irad Ortiz Jr., 20-1

3. Catching Freedom, Brad Cox, Flavien Prat, 6-1

4. Muth, Bob Baffert, Juan Hernandez, 8-5

5. Mystik Dan, Kenny McPeek, Brian Hernandez Jr., 5-2

6. Seize the Grey, D. Wayne Lukas, Jaime Torres, 15-1

7. Just Steel, D. Wayne Lukas, Joel Rosario, 15-1

8. Tuscan Gold, Chad Brown, Tyler Gaffalione, 8-1

9. Imagination, Bob Baffert, Frankie Dettori, 6-1

Muth is listed as the 8-5 morning-line favorite, and Kentucky Derby winner Mystik Dan is the second choice at morning-line odds of 5-2. The horses will start next to each other with Muth in post 4 and Mystik Dan in post 5. “I thought it was perfect. Right next to Muth. Perfect,” Mystik Dan’s trainer Kenny McPeek said to the media. The two horses faced each other in the Arkansas Derby on March 30 and it was Muth finishing first and Mystik Dan finishing third.

The second-place finisher in the Arkansas Derby was Just Steel who is trained by six-time Preakness-winning trainer D. Wayne Lukas. Seize the Grey is the stablemate of Just Steel and he will be in the race. Catching Freedom, the fourth-place finisher in the Kentucky Derby has post position 3 and is listed at odds of 6-1.

Imagination, who is the stablemate or Muth, will be fresh for the Preakness. Muth and Imagination were ineligible to be entered in the Kentucky Derby because of trainer Bob Baffert’s suspension that Churchill Downs gave him for Medina Spirit’s failed drug test in 2021.

Tuscan Gold could be a darkhorse contender on Saturday for trainer Chad Brown. The horse has raced just three times but he won the Louisiana Derby. The horse is overshadowed by his stablemate Sierra Leone who finished second in the Kentucky Derby. Brown has won the Preakness twice in the last seven years.

The two longshots on Saturday are Mugatu for trainer Jeff Engler and Uncle Heavy for trainer Butch Reid Jr. Neither of the horses look to have much of a chance, as Mugatu has just one win in 12 tries, while Uncle Heavy was very unimpressive in the Wood Memorial.

The favorite has won almost half of previous Preakness races, winning 73 of 149 times, but there has not been a Preakness favorite win since Justify won in 2018 on the way to winning the Triple Crown.

Preakness Stakes Winners (2000)

2023 National Treasure John Velazquez Bob Baffert 1:55.12
2022 Early Voting José Ortiz Chad Brown 1:54.54
2021 Rombauer Flavien Prat Michael W. McCarthy 1:53.62
2020 Swiss Skydiver Robbie Albarado Kenneth G. McPeek 1:53.28
2019 War of Will Tyler Gaffalione Mark Casse 1:54.34
2018 Justify Mike Smith Bob Baffert 1:55.93
2017 Cloud Computing Javier Castellano Chad C. Brown 1:55.98
2016 Exaggerator Kent Desormeaux Keith Desormeaux 1:58.31
2015 American Pharoah Victor Espinoza Bob Baffert 1:58.46
2014 California Chrome Victor Espinoza Art Sherman 1:54.84
2013 Oxbow Gary Stevens D. Wayne Lukas 1:57.54
2012 I'll Have Another Mario Gutierrez Doug O'Neill 1:55.94
2011 Shackleford Jesus Castanon Dale Romans 1:56.47
2010 Lookin At Lucky Martin Garcia Bob Baffert 1:55.47
2009 Rachel Alexandra Calvin Borel Steve Asmussen 1:55.08
2008 Big Brown Kent Desormeaux Rick Dutrow 1:54.86
2007 Curlin Roberto Albarado Jr. Steve Asmussen 1:53.46
2006 Bernardini Javier Castellano Thomas Albertrani 1:54.65
2005 Afleet Alex Jeremy Rose Timothy F. Ritchey 1:55.04
2004 Smarty Jones Stewart Elliott John Servis 1:55.59
2003 Funny Cide Jose Santos Barclay Tagg 1:55.61
2002 War Emblem Victor Espinoza Bob Baffert 1:56.40
2001 Point Given Gary Stevens Bob Baffert 1:55.40
2000 Red Bullet Jerry Bailey Joe Orseno 1:56.00
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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.

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

Bob Baffert 8 1997, 1998, 2001, 2002, 2010, 2015, 2018, 2023
R. Wyndham Walden 7 1875, 1878, 1879, 1880, 1881, 1882, 1888
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

Bob Baffert holds the record for Preakness Stakes victories with eight. The record of seven by Walden stood for 120 years, but Baffert tied the record in 2018 with Justify’s win and he broke the record with National Treasure winning in 2023. 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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