An early look at the Preakness odds and betting lines

Professional jockey riding a powerful horse in an intense and competitive horse racing event

The Preakness Stakes Thoroughbred horse race is held every year on the third Saturday of May at Pimlico Race Course in Baltimore, Maryland. The race is the second jewel in horse racing’s highly coveted Triple Crown, and is held two weeks after the Kentucky derby and three weeks before the Belmont Stakes at Belmont Park, New York.

This year sees the 149th running of the Preakness Stakes on Saturday, May 18, marking 150 years since its inauguration on May 27, 1873. That race was won by Survivor, who took home a purse of $3000. In contrast, last year’s winner National Treasure, was rewarded with $1,650,000 for crossing the line first.

Preakness Staked race details:

Date: Saturday, May 18, 2024

Race Distance: 1 3/16 miles (9 furlongs) 

Track/Location: Pimlico Race Course in Baltimore, Maryland

Horses: 3-Year-Old Thoroughbreds

Surface: Dirt

Preakness Stakes 2024

Even though the full list of runners is still yet to be announced, anticipation is growing for one of the highlights of the sporting calendar. The weekend revolves around the fast-paced, exciting action on the track, but also includes Preakness Live music festival, fashion, food, and packed grandstands fi-full of people having a lot of fun.

The 2024 Preakness odds will see this year’s Kentucky Derby winner among the favorites, as they go up against a field of high-class horses hoping to put to end the Triple Crown quest for yet another year. 

With eight Preakness Stakes wins to his name, including last year’s winner National Treasure, Bob Baffert is now the most successful trainer the race has seen. He was previously tied on seven with Robert Wyndham Walden who was successful in the late1800s.

Baffert will therefore will no doubt attract a lot of attention and wagers when it comes to picking a favorite for this year’s race. While the winner of the Kentucky Derby will also be hotly tipped, so keep an eye on current front runners, Sierra Leone, Dornoch, Fierceness, and Locked.

Triple Crown champions

In total, only thirteen horses have ever managed to claim victories at the Kentucky Derby, Preakness Stakes, and Belmont Stakes, and achieve the much sought after Triple Crown. The first to do so was Sir Barton way back in 1919, however, Justify was the last horse to write its name in the horse racing history books in 2018.

Last five Triple Crown winners

2018 Justify

2015 American Pharoah

1978 Affirmed

1977 Seattle Slew

1973 Secretariat

Famous winners

The fastest winning time ever recorded around the Pimlico track was set in 1973 by Secretariat. And despite advances in technology, training techniques and more, the record time of 1:53.00 still stands to this day. Historians have used advanced modern-day techniques to allow them to accurately determine Secretariats exact time using video of the race.

Secretariat is now widely considered one the greatest race horses of the 20th century. Despite a short, 16-month career, he claimed a remarkable 16 race victories, 3 second places, and a third. Secretariats victory In the Belmont Stakes to claim the Triple Crown, was by unprecedented 31 lengths. In doing so, he created the dirt-track record time for a 11/2-mile race of 2:24.

Other famous Preakness winners include American Pharoah who went on to become racing’s 12th Triple Crown winner in 2015. While Rachel Alexandra became the first filly to win the race since 1924. The first ever filly to win the race and beat the Preakness odds, was Flocarline in 1903. While Big Brown, Smarty Jones, Affirmed, Seattle Slew, and War Admiral all deserve a mention.

The six fillies who won the Preakness

  • Swiss Skydiver – 2020
  • Rachel Alexandra – 2009 
  • Nellie Morse – 1924
  • Rhine Maiden – 1915
  • Whimsical – 1906
  • Flocarline – 1903

Biggest long shot to ever win Preakness Stakes

While he wasn’t a rank outsider and had finished fourth in the 1975 Kentucky Derby, Master Derby arrived at the Pimlico track with the seventh longest Preakness odds in a ten-horse race. Most race fans understandably had their money on the favorite, Foolish Pleasure, who had just won the Kentucky Derby and had everyone believing he could complete the Triple Crown.

However, Jockey Darrel McHargue and Trainer Smiley Adams had other ideas. Master Derby held off the favorite to win the race by a length at odds of 23-1. The horse remains the biggest odds winner of the Preakness Stakes.

Previous Winners

Year Winner Jockey Trainer

2023 National Treasure J.R. Velazquez B. Baffert

2022 Early Voting Jose Ortiz Chad Brown

2021 Rombauer Flavien Prat Michael W. McCarthy

2020 Swiss Skydiver Robby Albarado Kenneth McPeek

2019 War of Will Tyler Gaffalione Mark Casse

2018 Justify Mike Smith Bob Baffert

2017 Cloud Computing Javier Castellano Chad Brown

2016 Exaggerator Kent Desormeaux J. Keith Desormeaux

2015 American Pharoah Victor Espinoza Bob Baffert

2014 California Chrome Victor Espinoza Art Sherman

Whether you are watching from the Grand Stand or enjoying the action from further afield, the third weekend in May is a party time in Baltimore. The Pimlico is the second oldest racetrack in the US and a place where legends are made. The atmosphere will be electric, and thousands of fans will once again be cheering their horses home in what promises to be yet another weekend of thrilling racing.