In 150 editions of the Preakness Stakes (it was run in two divisions in 1918), 73 winners have left the post as the public’s betting choices. Since 1911, when pari-mutuel wagering made its debut at Pimlico, 28 Preakness favorites have started at odds of less than even-money and eighteen have won. Ten paid ¢.50-1 or less -- Citation, 1948 (¢.10-1); Spectacular Bid, 1979 (¢.10-1); Count Fleet, 1943 (¢.15-1); Big Brown, 2008 (¢.20-1); Native Dancer, 1953 (.20-1); Secretariat, 1973 (¢.30-1); Nashua, 1955 (¢.30-1); War Admiral, 1937 (¢.35-1); Seattle Slew, 1977 (¢.40-1); Justify, 2018 (¢.40-1); Affirmed, 1978 (¢.50-1); and California Chrome, 2014 (¢.50-1).
In 1975 Master Derby earned his spot as the longest-priced Preakness winner when he returned $48.80. No horse has paid more in the years since. In 1925, Coventry left the gate at 21-1 and was worth $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.
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)
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