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Bet on the Preakness Stakes!

For the $2 Million Grade 1 Stakes Race

BUSR is the best site to place your bet on the 2027 Preakness Stakes.

Why? Because, all new members can get up to a $1,000 Welcome Bonus for the big race and great Preakness Stakes Props found nowhere else online!

The 151st Preakness Stakes runs on Saturday, May 16, 2026, at Laurel Park in Laurel, Maryland. Post time is approximately 7:00 PM ET. With a $2 million purse and $1.1 million going to the winner, it is the second jewel of the Triple Crown and one of the most bet-on sporting events of the spring calendar. US Racing gives you live odds, the complete Preakness card, full race streaming across over 350 racetracks, and the best welcome bonus in horse racing, all in one place. This is your complete guide to betting the 2026 Preakness Stakes at Laurel Park.


2026 Preakness Stakes Fast Facts

  • Race: 151st Preakness Stakes
  • Date: Saturday, May 16, 2026
  • Post Time: Approximately 7:00 PM ET
  • Track: Laurel Park, Laurel, Maryland
  • Distance: 1³⁄₁₆ miles on dirt
  • Field: Three-year-old Thoroughbreds
  • Purse: $2,000,000 — $1,100,000 to the winner
  • Broadcast: NBC and Peacock
  • Note: Held at Laurel Park while Pimlico Race Course undergoes redevelopment

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Latest Preakness Stakes 2026 Odds

Here are the latest Preakness Stakes 2026 Contenders. The official Morning Lines will be delivered on May 11th after the Gate Draw. Stay tuned.

2026 Preakness Stakes Odds and Post Positions
PPHorse / JockeyOdds
1Taj MahalSheldon Russell5/1
2OcelliTyler Gaffalione6/1
3CrupperJunior Alvarado30/1
4RobustaRafael Bejarano30/1
5TalkinIrad Ortiz Jr.20/1
6Chip HonchoJose Ortiz5/1
7The Hell We DidLuis Saez15/1
8Bull by the HornsMicah Husbands30/1
9Iron HonorFlavien Prat9/2
10Napoleon SoloPaco Lopez8/1
11Corona de OroJohn Velazquez30/1
12IncrediboltJaime Torres5/1
13Great WhiteAlex Achard15/1
14Pretty Boy MiahRicardo Santana Jr.15/1

Last Updated on 05/16/2026


How to bet on the Preakness Stakes 2026

Step 1: Choose a trusted online racebook

Sign up for a free BUSR account here. You'll get access to live Preakness Stakes odds, the full race card, and streaming for every Preakness Day race, plus over 350 racetracks worldwide, all in one place.

Step 2: Register and verify your account

Creating a BUSR account takes just a few minutes. You will need to provide:

  • • Full legal name
  • • Residential address
  • • Date of birth

You must be at least 21 years old. Verification is handled automatically during signup.

Step 3: Claim your welcome bonus

New BUSR members are eligible for a $1,000 sign up cash bonus plus a 10% horse betting rebate paid daily on selected wagers. Bet now

Step 4: Fund your account

Accepted deposit methods include:

  • • MasterCard, VISA credit or debit cards
  • • Cryptocurrencies (Bitcoin, Litecoin, Bitcoin Cash)
  • • Ethereum
  • • Person to person money transfer

Funding your BUSR account takes less than 2 minutes. Log in, head to the Cashier, select your deposit method and you're all set to bet the Preakness Stakes.

Step 5: Analyze the Race Card and Preakness Stakes Odds

In the days leading up to May 16, the full Preakness Stakes field is announced. The race card typically includes:

  • • Horse names and post positions
  • Jockeys and trainers
  • • Morning line Preakness Stakes odds
  • • Past performance data and speed figures

Studying this information helps you make informed bets. Odds fluctuate based on the wagered money, so early picks may change in value by post time.

Step 6: Pick Your Bets

Betting on the Preakness can be as simple or as complex as you wish. Common bet types include:

  • Win: The horse must finish first
  • Place: The horse finishes first or second
  • Show: The horse finishes in the top three
  • Exacta: Pick the top two horses in exact order
  • Trifecta: Top three in exact order
  • Superfecta: Top four in exact order

Beginners often stick with Win, Place, or Show, while experienced bettors use boxed bets to increase their chances. A Trifecta Box allows your selected three horses to finish in any order within the top three.

Step 7: Place Your Bet

Navigate to the betting page on USRacing.com, choose your wager type, enter your stake, and submit your bet. The system will send you a confirmation of your accepted wager.

Step 8: Watch the Preakness Live and Collect

US Racing streams the full Preakness Day card live, from the first undercard race to the moment the winner crosses the wire. Results update instantly, and winnings post to your account immediately. Withdrawal process within 24 to 48 hours.

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Understanding Preakness Stakes Odds and Payouts

The Preakness Stakes uses the pari-mutuel betting system. All wagers go into a shared pool, the track deducts a small percentage, and the rest is divided among winning tickets. Odds are not fixed. They shift constantly based on where the money is going right up until the gates open.

Here is how Preakness Stakes odds affect your payout:


Odds $2 Win Bet Returns Profit
2-1 $6.00 $4.00
5-1 $12.00 $10.00
10-1 $22.00 $20.00
20-1 $42.00 $40.00
50-1 $102.00 $100.00

Morning-line odds are set by the track's official handicapper and serve as a starting point. By post time, they will have shifted based on betting volume. Watch the live tote board in the final hour before the race for the most accurate picture. For a deeper breakdown, visit the Preakness Stakes betting page.


Preakness Stakes 2026 Exotic Bets

The Preakness Stakes is one of the most exotic-friendly races in the world. A competitive field and massive wagering pools mean massive potential payouts. Here is what you need to know:

  • Exacta: Pick the top two finishers in exact order. A $2 exacta combining a 10-1 and 20-1 horse can return $200 or more.
  • Trifecta: Pick the top three in exact order. Box three horses for $12 and cover all six possible finishing combinations.
  • Superfecta: Pick the top four in exact order. A $0.10 Superfecta box on four horses costs just $2.40 and gives you 24 combinations. The Preakness Stakes Superfecta regularly pays five figures.

Box your picks and let the race sort them out. One longshot in the right position is all it takes.


Strategies to Bet on the Preakness Stakes 2026

For better results when you bet on the Preakness Stakes, consider these tips:

  • Do not bet only on favorites. The Kentucky Derby winner enters as a favorite but does not always win. The Preakness has a strong history of upsets and "fresh shooter" winners.
  • Watch for horses that skipped the Derby. Horses targeting the Preakness directly without running in the Kentucky Derby — fresh shooters — have won the race multiple times and frequently offer overlay value.
  • Include longshots in your exotics. One 20-1 or 30-1 horse landing in the top four can turn a $2.40 Superfecta box into a life-changing payout.
  • Factor in the two-week turnaround. Horses coming off the Kentucky Derby have just two weeks of recovery. Fitness and trainer management are critical — follow workouts closely in the week before the race.
  • Box your exotic bets. A boxed Trifecta on three horses costs $12 and pays regardless of the finishing order among your three picks.
  • Watch jockey and trainer trends. Certain trainers have exceptional Preakness records, and some jockeys thrive in the unique two-week pressure-cooker environment of the Triple Crown.
  • Check Maryland weather on race morning. A wet or muddy track at Laurel Park completely reshapes the race. Mudders jump dramatically in value the moment rain hits the forecast.
  • Watch the tote board. Late money on a horse signals confidence. A horse drifting from 15-1 down to 8-1 in the final hour is worth a second look.

Stay tuned to US Racing News for the latest Preakness Stakes news and expert picks as May 16 approaches. Key factors like a late scratch, a pace mismatch, or an unexpected post position can shift the entire race on draw day.

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Preakness Stakes 2026 Contenders

The 2026 Preakness Stakes field is open to all eligible three-year-old Thoroughbreds. Unlike the Kentucky Derby, there is no points-based qualification system — connections can enter their horses directly. Track every contender and every update on the Preakness Stakes contenders page.

Notable update: Kentucky Derby contender Golden Tempo will bypass the Preakness Stakes to focus preparation on the Belmont Stakes, the third and final leg of the Triple Crown.

Probable Starters


Horse / Sire Rating Trainer / Jockey Last Start
Chip Honcho
Connect
7.56 Steven M. Asmussen / Jose L. Ortiz 5th (103), 2026 Louisiana Derby G2
Iron Honor
Nyquist
7.49 Chad C. Brown 7th (94), 2026 Wood Memorial G2
Talkin
Good Magic
7.36 Danny Gargan 3rd (110), 2026 Blue Grass G1
Great White
Volatile
7.26 John Ennis 5th (98), 2026 Blue Grass G1
Napoleon Solo
Liam's Map
7.14 Chad Summers 5th (96), 2026 Wood Memorial G2
Taj Mahal
Nyquist
7.09 Brittany T. Russell 1st (121), 2026 Federico Tesio LS
Ocelli
Connect
7.05 D. Whitworth Beckman 3rd (108), 2026 Kentucky Derby G1
The Hell We Did
Authentic
6.84 Todd W. Fincher 2nd (111), 2026 Lexington G3
Crupper
Candy Ride
6.77 Donnie K. Von Hemel / Junior Alvarado 1st (102), 2026 Bathhouse Row LS
Crude Velocity
Beau Liam
7.81 Bob Baffert 1st (129), 2026 Pat Day Mile G2
Silent Tactic
Tacitus
7.79 Mark E. Casse 2nd (115), 2026 Arkansas Derby G1
Bull By The Horns
Essential Quality
6.87 Saffie A. Joseph, Jr. 1st (100), 2026 Rushaway LS — Next: Peter Pan G3
Express Kid
Bodexpress
6.71 Justin R. Evans 2nd (119), 2026 Sunland Derby LS
Robusta
Accelerate
6.60 Doug F. O'Neill 14th (88), 2026 Kentucky Derby G1
Corona de Oro
Bolt d'Oro
5.47 Dallas Stewart 3rd (110), 2026 Lexington G3
Ababajoni
Neolithic
Rohan G. Crichton 1st (108), GP AOC (04/17/2026-R7)
Losmastix
Tathqeef
Antonio Sano 1st (87), GP SOC (03/20/2026-R9)
Pretty Boy Miah
Beau Liam
Jeremiah C. Englehart 1st (116), Aqu Str (4/25/26-R3)
Wild Warrior
Improbable
Gary A. Capuano 2nd (110), 2026 Federico Tesio LS

* Golden Tempo will bypass the 2026 Preakness Stakes and instead point toward the Belmont Stakes as the connections focus on the third jewel of the Triple Crown.

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Preakness Stakes 2026 Prop Bets

Beyond the standard win, place, and show pools, USRacing.com gives you access to more Preakness Stakes prop bets than any other platform:

  • Winning trainer — Bob Baffert, Steven Asmussen, Chad Brown, Mark Casse, and more
  • Winning jockey — Jose L. Ortiz, Junior Alvarado, Irad Ortiz Jr., and more
  • Margin of victory — by a nose, by a length, by 5 or more
  • Triple Crown Contention — will the Preakness winner attempt the Triple Crown at the Belmont Stakes
  • Fresh Shooter vs. Derby Runner — will a horse that skipped the Kentucky Derby win the Preakness

These prop markets open well before race day and offer excellent value for bettors who do their homework on the field.


Frequently Asked Questions

When is the Preakness Stakes 2026?

The 2026 Preakness Stakes runs on Saturday, May 16, 2026, at Laurel Park in Laurel, Maryland. Post time is approximately 7:00 PM ET. It is the 151st running of the race and carries a $2 million purse with $1.1 million going to the winner.

Where is the 2026 Preakness Stakes being held?

The 2026 Preakness Stakes is held at Laurel Park in Laurel, Maryland, while the historic Pimlico Race Course in Baltimore undergoes a major redevelopment project. Laurel Park is one of the premier Thoroughbred racing facilities in the Mid-Atlantic region, featuring a modern one-mile main track and excellent facilities for horses, horsemen, and fans.

Where can I bet on the Preakness Stakes 2026 online?

You can bet on the Preakness Stakes 2026 right now at USRacing.com. Sign up takes under 3 minutes. New members get a $1,000 Sign Up Cash Bonus plus a 10% horse betting rebate paid daily on selected wagers. Live odds, full race streaming, and the complete Preakness card are all available in one place.

What is the Preakness Stakes 2026 purse?

The 2026 Preakness Stakes purse is $2 million, with $1.1 million guaranteed to the winner. It is the second jewel of the Triple Crown and one of the most prestigious races in American horse racing.

What channel is the Preakness Stakes 2026 on?

The Preakness Stakes 2026 airs live on NBC and streams on Peacock. USRacing.com also streams the full Preakness Day card live so you can watch every race and place your bets in one place.

Is Golden Tempo running in the 2026 Preakness Stakes?

No. Golden Tempo's connections have announced that the horse will bypass the 2026 Preakness Stakes and instead target the Belmont Stakes as the next start. The decision allows Golden Tempo additional preparation time for the final leg of the Triple Crown.

May 16, 2026, is almost here. The field is taking shape, the odds are live, and the best betting positions go to those who get in early. Sign up today at USRacing.com, claim your $1,000 Sign Up Cash Bonus, earn a 10% horse betting rebate paid daily on selected wagers, and watch the 151st Preakness Stakes live at Laurel Park. This is the Middle Jewel of the Triple Crown. Do not watch it from the sidelines.

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Where can I bet on the Preakness Stakes?

At BUSR:

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What channel is the Preakness Stakes on?

Watch the Preakness Stakes live on TV with NBC at 5:00 pm EST

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