🏇 Preakness Stakes Odds 2026: Betting Favorites for Laurel Park
The Preakness Stakes is one of the most significant sporting events of the spring, and it's creeping up slowly but surely.
The Triple Crown chase takes a surprising turn as the 151st Preakness Stakes moves to Laurel Park for the first time on May 16, following Kentucky Derby winner Golden Tempo's official decision to bypass the race. With the Derby champion opting to rest for the Belmont, the middle jewel has become a wide-open betting market led by Bob Baffert’s Crude Velocity (4-1) and the undefeated local star Taj Mahal (20-1). This unique year offers bettors massive value in the Preakness Stakes odds as a fresh field of "new shooters" looks to capitalize on the absence of the Derby field.
You can prepare for "The Run for the Black-Eyed Susans" with our guide on how to bet on horse racing.
📊Preakness Stakes odds
Preakness Stakes odds via FanDuel Racing:
| Horse | Odds |
|---|---|
| Crude Velocity | 4-1 |
| Iron Honor | 19-1 |
| Taj Mahal | 20-1 |
| Cherokee Nation | 22-1 |
| Silent Tactic | 25-1 |
| Chip Honcho | 25-1 |
| Napoleon Solo | 40-1 |
| Talkin | 50-1 |
| The Hell We Did | 50-1 |
| Talk To Me Jimmy | 50-1 |
| Great White | 90-1 |
| Crupper | 99-1 |
| Express Kid | N/A |
| Pretty Boy Miah | N/A |
📃 Affiliate disclosure
Sportsbook Review may receive a commission if you sign up through our links. Not intended for use in MA. Bonuses not applicable in Ontario. 21+ only. (Gambling problem? Call 1-800-GAMBLER)
💡How are Preakness Stakes odds made?
Preakness Stakes odds are made by track linemakers, who are experts responsible for setting the initial lines for the race. These odds reflect their assessment of each horse's likelihood of winning based on various factors such as past performances in other races, jockey, trainer, breeding, and recent workouts.
To create these odds, oddsmakers analyze a wide range of data and information about each horse and its connections. They consider factors like the horse's racing history, speed figures, performance in previous races, pedigree, and how well it has fared on similar track conditions.
Additionally, oddsmakers take into account the betting patterns and preferences of the public, as well as any news or developments leading up to the race that could impact a horse's chances. Once they have evaluated all these factors, they assign each horse morning-line odds, which is their estimate of the horse's probability of winning the race.
These initial odds serve as a starting point for betting, but the lines can change based on the betting action leading up to the race and any new information that emerges.
📜Preakness Stakes betting odds history
Here is a look at Preakness Stakes betting odds history, along with post position for the winning horses.
| Year | Horse | Post Position | Odds |
|---|---|---|---|
| 2025 | Journalism | 2 | Even |
| 2024 | Seize the Grey | 6 | 15-1 |
| 2023 | National Treasure | 1 | 4-1 |
| 2022 | Early Voting | 5 | 5-1 |
| 2021 | Rombauer | 6 | 12-1 |
| 2020 | Swiss Skydiver | 4 | 11-1 |
| 2019 | War of Will | 1 | 4-1 |
| 2018 | Justify | 7 | 1-2 |
| 2017 | Cloud Computing | 2 | 12-1 |
| 2016 | Exaggerator | 5 | 3-1 |
| 2015 | American Pharoah | 1 | 4-5 |
| 2014 | California Chrome | 3 | 3-5 |
🗓️Preakness Stakes 2026 info
- Date: May 16, 2026
- Location: Laurel Park, Baltimore
- Race Distance: 1 3/16 miles
- Purse: TBD ($2 million last year)
- TV: NBC
❓Preakness Stakes FAQs
Who is the 2026 Preakness Stakes favorite?
Crude Velocity is the favorite at the Preakness Stakes at 4-1 betting odds.
Who won last year's Preakness Stakes?
Journalism (Even) won this year's Preakness Stakes
When is the 2026 Preakness Stakes held?
The 2026 edition of the Preakness Stakes will be held in mid-May of 2026.
Where is the 2026 Preakness Stakes held?
Laurel Park in Laurel, Maryland will host the 2026 Preakness Stakes. The Preakness is expected to return to Pimlico Race Course once renovations to that venue are completed.
Where can I bet on the Preakness Stakes?
Americans can legally wager on horse racing in the following states.
Related Articles
