What Are the Odds?: Bet on the Preakness Stakes

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.

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)

US Racing Team

The writing team at US Racing is comprised of both full-time and part-time contributors with expertise in various aspects of the Sport of Kings.