If you’re looking for a longshot to come through with monster odds in the Preakness, you can all but forget about it.
Who will be the longest shot on the board in this year's Preakness Stakes?
At first, it seems hard to believe: Since 1911, when pari-mutuel wagering began at Pimlico, there have been only three $2 win bet payoffs more than $40 in the Preakness.
1 Master Derby (1975), 23-1 ($48.80)
2 Coventry (1975), 21-1 ($45.60)
3 Display (1926), 19-1 ($40.70)
Of course, there’s no comparing Derby and Preakness longshot winners (Rich Strike at 80-1, Giacomo, Mine That Bird at 50-1 each in the Derby, to name a few). The Derby usually has a usual field of 20 3-year-olds, while the Preakness field is usually half that.
However, a bigger payoff pattern has emerged over the past few years. First, four of the top 12 Preakness longshot winners have come in the 21st Century:
5 Oxbow (2013), 15-1 ($32.80)
9 Cloud Computing (2017), 13-1 ($28.80)
10 Bernardini (2006), 12-1 ($27.80)
11 Shackleford (2011), 12-1 ($27.20)
To add: Over the past five years, the average $2 win bet returned $17.28. The winners were National Treasure ($7.80), Early Voting ($13.80), Rombauer ($25.60), Swiss Skydiver ($25.40), and War of Will ($14.20).
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