Preakness Prop Bets & Triple Crown Markets for Saturday

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American Pharoah remains the favorite headed into tomorrow's 140th installment of Preakness Stakes.

Sportsbook Review has updated the Preakness Prop Bets directory with available market offerings and a side by side odds grid showing each of the top sports betting websites payouts on the colt to win the prestigious event.

In addition to bets on Preakness itself there are multiple markets involving a possible Triple Crown victory, which would be the first since Affirmed in 1978.

One online sportsbook is paying +250 odds on a Triple Crown being won this year, which would require American Pharoah to win his next two races - tomorrow at Preakness, then June during Belmont Stakes.

Sports bettors have shown that they fancy a good underdog story, so although the odds and recent history are stacked against the colt, sportsbooks are catering to the tendency of the public to be enchanted by a Cinderella narrative.

Betting odds are most likely to fluctuate the most in the next 14 hours, so by bookmarking the prop bets list players can expect to see the best and most +EV (positive expected value) plays on the market.

The below video by SBR news host Natalie breaks down how some bettors are wagering with their online sportsbooks:

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