Preakness Stakes Odds: Favorites versus Longshots

In 151 editions of the Preakness Stakes (it was run in two divisions in 1918), 74 winners have left the post as the public’s betting choice. 

Since 1911, when pari-mutuel wagering made its debut at Pimlico, 20 Preakness favorites have started at odds of even-money or less and 19 have won.

Citation.

Ten favorites paid .50-1.00 or less:

Citation, 1948 (.10-1.00)

Spectacular Bid, 1979 (.10-1.00)

Count Fleet, 1943 (.15-1.00)

Big Brown, 2008 (.20-1.00)

Native Dancer, 1953 (.20-1.00)

Secretariat, 1973 (.30-1.00)

Nashua, 1955 (.30-1.00)

War Admiral, 1937 (.35-1.00)

Seattle Slew, 1977 (.40-1.00)

Justify, 2018 (.40-1.00)

Affirmed, 1978 (.50-1.00)

California Chrome, 2014 (.50-1.00).

A year ago, Journalism left the gate as the even-money favorite and won by a half-length. Triple Crown winner American Pharoah was 4-5 in 2015.

Longshot Winners

In 1975, Master Derby was the longest-priced Preakness winner when he returned $48.80 on a $2 win bet. No horse has paid more in the years since. In 1925, Coventry left the gate at 21-1 and returned $45.60. Display paid $40.70 at odds of 19-1 in 1926 while Bee Bee Bee in 1972 rewarded his backers with a $39.40 return at 18-1.

Other longshots include:

Oxbow, 2013 (15-1, $32.80)

Hindus, 1900 (15-1 $32)

Don Enrique, 1907 (15-1, $32)

Deputed Testamony, 1983 (14-1 $31)

Cloud Computing, 2017 (13-1, $28.80)

Bernardini, 2006 (12-1, $27.80)

Shackleford, 2011 (12-1, $27.20)

The Bart, 1886 (12-1 $26.40)

Proudly featured on:
up