{"id":15901,"date":"2024-04-12T11:05:47","date_gmt":"2024-04-12T11:05:47","guid":{"rendered":"https:\/\/preaknessstakesbetting.com\/?page_id=15901"},"modified":"2024-05-14T09:08:02","modified_gmt":"2024-05-14T09:08:02","slug":"preakness-stakes-odds","status":"publish","type":"page","link":"https:\/\/preaknessstakesbetting.com\/odds\/","title":{"rendered":"Latest Preakness Stakes Odds 2024 &#8211; How They Bet at Pimlico"},"content":{"rendered":"<p>This is where to find the the latest Preakness Stakes odds on the Triple Crown race run at Pimlico in Baltimore. We\u2019ve got all the latest odds for the Preakness, direct from our recommended offshore betting sites for this major sporting event. Read on to check out the latest odds and to find out more about the range of bets available on the Preakness Stakes.<\/p>\n<div id=\"toc_container\" class=\"no_bullets contracted\"><div class=\"toc_toggle\"><div class=\"toc_arrow\"><svg width=\"24\" height=\"24\"  xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\"><circle cx=\"12.06\" cy=\"12.06\" r=\"11.8\" fill=\"#1C2642\"\/><path d=\"M6,10.45l6,6,6-6\" fill=\"none\" stroke=\"#fff\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\"\/><\/svg><\/div><div class=\"toc_title\">Table of contents<\/div><\/div><ul class=\"toc_list\"><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Current_Preakness_Stakes_Odds_2024\">Current Preakness Stakes Odds 2024<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#How_Do_Preakness_Betting_Odds_Work\">How Do Preakness Betting Odds Work?<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#How_To_Read_Preakness_Stakes_Live_Odds\">How To Read Preakness Stakes Live Odds<\/a><\/div><\/div><\/li><\/ul><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Different_Types_of_Preakness_Stakes_Betting_Odds_Explained\">Different Types of Preakness Stakes Betting Odds Explained<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Preakness_Future_Wager\">Preakness Future Wager<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Preakness_Stakes_Pool_Odds\">Preakness Stakes Pool Odds<\/a><\/div><\/div><\/li><\/ul><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Preakness_Horse_Racing_Odds_Bet_Types\">Preakness Horse Racing Odds &amp; Bet Types<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Standard_Wagers\">Standard Wagers<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_2\"><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Win_Only_Bet\">Win Only Bet<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Place_Bet\">Place Bet<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Show_Bet\">Show Bet<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Across_the_Board\">Across the Board<\/a><\/div><\/div><\/li><\/ul><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Exotic_Bets\">Exotic Bets<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_2\"><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Exacta\">Exacta<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Quinella\">Quinella<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Trifecta\">Trifecta<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Superfecta\">Superfecta<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_3\"><div class=\"heading-box level_3\"><div class=\"heading-box-border level_3\"><a href=\"#Super_Hi-Five\">Super Hi-Five<\/a><\/div><\/div><\/li><\/ul><\/li><\/ul><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Finding_Preakness_Stakes_Current_Odds_Online\">Finding Preakness Stakes Current Odds Online<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#1_Pick_a_Horse_Racing_Betting_Sites\">1. Pick a Horse Racing Betting Sites<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#2_Register_Your_Account\">2. Register Your Account<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#3_Select_a_Payment_Option\">3. Select a Payment Option<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#4_Secure_Your_Bonus\">4. Secure Your Bonus<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#5_Place_Your_Bet\">5. Place Your Bet<\/a><\/div><\/div><\/li><\/ul><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#Final_Odds_for_the_Preakness_Stakes_Winners\">Final Odds for the Preakness Stakes Winners<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#The_Best_Betting_Site_for_the_Latest_Preakness_Odds\">The Best Betting Site for the Latest Preakness Odds<\/a><\/div><\/div><\/li><li class=\"toc_menu_level_1\"><div class=\"link-content-box\"><div class=\"heading-box level_1\"><div class=\"heading-box-border level_1\"><a href=\"#FAQs\">FAQs<\/a><div class=\"toggle_menu_arrow\"><svg width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M16 18.6665L20 22.6665L24 18.6665\" stroke=\"#1C2642\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg><\/div><\/div><\/div><ul class=\"child_toc_menu level_1\"><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#How_are_Preakness_Stakes_odds_displayed\">How are Preakness Stakes odds displayed? <\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#What_horse_is_favorite_for_the_Preakness\">What horse is favorite for the Preakness? <\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Where_can_I_find_pick_and_odds_on_the_Preakness_Stakes\">Where can I find pick and odds on the Preakness Stakes? <\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#What_are_the_current_Preakness_odds_like\">What are the current Preakness odds like? <\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#Should_I_bet_the_Kentucky_Derby_winner_in_the_Preakness_Stakes\">Should I bet the Kentucky Derby winner in the Preakness Stakes? <\/a><\/div><\/div><\/li><li class=\"toc_menu_level_2\"><div class=\"heading-box level_2\"><div class=\"heading-box-border level_2\"><a href=\"#When_will_we_know_the_Preakness_odds_and_post_positions\">When will we know the Preakness odds and post positions?<\/a><\/div><\/div><\/li><\/ul><\/li><\/ul><\/div>\n<h2><span id=\"Current_Preakness_Stakes_Odds_2024\">Current Preakness Stakes Odds 2024<\/span><\/h2>\n<p>Odds are now available for the <a href=\"https:\/\/preaknessstakesbetting.com\/horses\/\">Preakness Stakes horses<\/a> running in this year&#8217;s big race! Compare Preakness Stakes odds across our recommended sites to find the best prices for your fancied horses.<\/p>\n<div class=\"su-table su-table-responsive su-table-alternate\">\n<table>\n<tbody>\n<tr>\n<td width=\"113\"><strong>Horse <\/strong><\/td>\n<td width=\"68\"><strong>Bovada<\/strong><\/td>\n<td width=\"85\"><strong>MyBookie<\/strong><\/td>\n<td width=\"87\"><strong>BetOnline<\/strong><\/td>\n<td width=\"136\"><strong>SportsBetting.ag<\/strong><\/td>\n<td width=\"64\"><strong>BUSR<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"113\">1. Mugatu<\/td>\n<td width=\"68\">+3500<\/td>\n<td width=\"85\">+2000<\/td>\n<td width=\"87\">+5000<\/td>\n<td width=\"136\">+2000<\/td>\n<td width=\"64\">+2000<\/td>\n<\/tr>\n<tr>\n<td width=\"113\">2. Uncle Heavy<\/td>\n<td width=\"68\">+1600<\/td>\n<td width=\"85\">+2000<\/td>\n<td width=\"87\">+1800<\/td>\n<td width=\"136\">+2000<\/td>\n<td width=\"64\">+2000<\/td>\n<\/tr>\n<tr>\n<td width=\"113\">3. Catching Freedom<\/td>\n<td width=\"68\">+400<\/td>\n<td width=\"85\">+600<\/td>\n<td width=\"87\">+400<\/td>\n<td width=\"136\">+600<\/td>\n<td width=\"64\">+600<\/td>\n<\/tr>\n<tr>\n<td width=\"113\">4. Muth (scratched)<\/td>\n<td width=\"68\">N\/A<\/td>\n<td width=\"85\">N\/A<\/td>\n<td width=\"87\">N\/A<\/td>\n<td width=\"136\">N\/A<\/td>\n<td width=\"64\">N\/A<\/td>\n<\/tr>\n<tr>\n<td width=\"113\">5. Mystik Dan<\/td>\n<td width=\"68\">+190<\/td>\n<td width=\"85\">+250<\/td>\n<td width=\"87\">+180<\/td>\n<td width=\"136\">+250<\/td>\n<td width=\"64\">+250<\/td>\n<\/tr>\n<tr>\n<td width=\"113\">6. Seize The Grey<\/td>\n<td width=\"68\">+1200<\/td>\n<td width=\"85\">+1500<\/td>\n<td width=\"87\">+1600<\/td>\n<td width=\"136\">+1500<\/td>\n<td width=\"64\">+1500<\/td>\n<\/tr>\n<tr>\n<td width=\"113\">7. Just Steel<\/td>\n<td width=\"68\">+1100<\/td>\n<td width=\"85\">+1500<\/td>\n<td width=\"87\">+1000<\/td>\n<td width=\"136\">+1500<\/td>\n<td width=\"64\">+1500<\/td>\n<\/tr>\n<tr>\n<td width=\"113\">8. Tuscan Gold<\/td>\n<td width=\"68\">+400<\/td>\n<td width=\"85\">+800<\/td>\n<td width=\"87\">+400<\/td>\n<td width=\"136\">+800<\/td>\n<td width=\"64\">+800<\/td>\n<\/tr>\n<tr>\n<td width=\"113\">9. Imagination<\/td>\n<td width=\"68\">+400<\/td>\n<td width=\"85\">+600<\/td>\n<td width=\"87\">+450<\/td>\n<td width=\"136\">+600<\/td>\n<td width=\"64\">+600<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>The winner at Churchill Downs is generally made the favorite for <a href=\"https:\/\/www.preakness.com\/preakness-stakes\" target=\"_blank\" rel=\"noopener\">the Preakness at Pimlico Race Course<\/a>, which is the second-leg of the Triple Crown. Which is again the case in 2024 with Kentucky Derby winner <a href=\"https:\/\/preaknessstakesbetting.com\/blog\/mystik-dan-horse-profile\/\">Mystik Dan<\/a> the Pimlico market leader in the betting.<\/p>\n<h2><span id=\"How_Do_Preakness_Betting_Odds_Work\">How Do Preakness Betting Odds Work?<\/span><\/h2>\n<img decoding=\"async\" class=\"aligncenter size-full wp-image-15934\" title=\"Preakness Stakes odds\" src=\"https:\/\/preaknessstakesbetting.com\/wp-content\/uploads\/2024\/04\/Preakness_Stakes_odds.jpg\" alt=\"Preakness Stakes odds returned Oxbow at 15.4 in 2013\" width=\"700\" height=\"426\" srcset=\"https:\/\/preaknessstakesbetting.com\/wp-content\/uploads\/2024\/04\/Preakness_Stakes_odds.jpg 700w, https:\/\/preaknessstakesbetting.com\/wp-content\/uploads\/2024\/04\/Preakness_Stakes_odds-300x183.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/>\n<p>When you examine the Preakness Stakes odds and prices for other horse racing events, you may wonder how they work.<\/p>\n<p>The prices offered reflect the implied probability of a horse\u2019s chances of winning the race. Say a horse is priced at +450. Those odds show you the amount that you would win, if you bet $100. There is a formula that can be used to determine the implied probability.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> 100 \/ (positive American odds + 100) * 100 = implied probability<\/li>\n<\/ul>\n<\/div>\n<p>With odds of +450, that translates as follows\u2026<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> 100 \/ (450 + 100) * 100 = 18.1%<\/li>\n<\/ul>\n<\/div>\n<p>So with odds of +450 there is an implied probability of 18.1% for that horse to win.<\/p>\n<p>The formula is different in the case of a favorite, where the price is odds on and is displayed with a negative sign. If a horse is priced at -200 it means that you have to bet $200 to win \u00a3100. The formula to find the implied probability of a favorite, is as follows.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Negative American odds \/ (Negative American odds + 100) * 100 = implied probability<\/li>\n<\/ul>\n<\/div>\n<p>Which for odds of -200, would work out like this\u2026<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> 200 \/ (200 + 100) * 100 = 66.66%<\/li>\n<\/ul>\n<\/div>\n<p>So with Preakness Stakes odds of -200, the implied probability for that horse to win would be 66.66%.<\/p>\n<p>When odds are first drawn up, they will be influenced by form, particularly in terms of performance in the Kentucky Derby, which takes place two weeks before. When bettors then start to place wagers, the amount of money being staked on certain horses, will also have an impact on the odds.<\/p>\n<p>Live Preakness odds will fluctuate and can end up being quite different to what they started out as. That means that prices can get bigger than when they are first offered, but the reverse is also true and they can also get smaller.<\/p>\n<h3><span id=\"How_To_Read_Preakness_Stakes_Live_Odds\">How To Read Preakness Stakes Live Odds<\/span><\/h3>\n<p>The type of odds that we have been showing you are American odds. With this race being one of the highlights on the US horse racing calendar, Preakness Stakes odds will generally be displayed in this format.<\/p>\n<p>There are however, other types of odds, which are more commonly used in different parts of the world. The most common are fractional odds and decimal odds.<\/p>\n<p>When the odds for the Preakness become available, we will display them in the various formats, so you can see how they work. In the meanwhile, here is a brief explanation of the different price formats that you will find Preakness Stakes odds displayed in.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>American Odds<\/strong> &#8211; The most common format that you will see Preakness Stakes horses and odds displayed in. A plus sign indicates that the horse is an outsider, while a minus indicates a favorite. With a favorite, the figure shows you how much you\u2019d need to bet to win $100. An outsider shows a figure which indicates how much you would win if you bet $100.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Fractional Odds<\/strong> &#8211; Fractional odds are very common in certain territories, such as the UK. They show two numbers, separated by an oblique (\/) or hyphen (-). The second number relates to the size of the stake, with the first number showing the amount that can be won. So if you see odds of 2\/1, it means that if you bet $1, you could win $2.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Decimal Odds<\/strong> &#8211; Perhaps the easiest form of odds to understand are decimal odds. They simply show a single number that represents what you would get back if you bet $1 and it won. So if you were to see Preakness Stakes odds of 6.00 for example, it would mean that if you bet $1, you would win $5 and get your $1 stake back (5 + 1 = 6).<\/li>\n<\/ul>\n<\/div>\n<h2><span id=\"Different_Types_of_Preakness_Stakes_Betting_Odds_Explained\">Different Types of Preakness Stakes Betting Odds Explained<\/span><\/h2>\n<p>There are many different options for bettors that want to gamble on the Preakness Stakes. When you\u2019re looking through Preakness Stakes odds, here are some of the options that you will encounter.<\/p>\n<h3><span id=\"Preakness_Future_Wager\">Preakness Future Wager<\/span><\/h3>\n<p>As the name suggests, you are wagering on an event that is to take place some time in the future. In the case of <a href=\"https:\/\/preaknessstakesbetting.com\">Preakness Stakes betting sites<\/a>, the first markets tend to appear after the Kentucky Derby has been run, which will be the first opportunity to place a bet on the second-leg of the Triple Crown.<\/p>\n<p>At that stage, the official lineup of runners will not necessarily be known. Therefore, the early Preakness futures markets will look very different to the ones closer to the race taking place.<\/p>\n<h3><span id=\"Preakness_Stakes_Pool_Odds\">Preakness Stakes Pool Odds<\/span><\/h3>\n<p>You won\u2019t find Preakness Stakes odds when you bet using pari-mutuel betting pools. You bet on a horse and if it is successful, the payout is determined by the amount of money that has collectively been wagered on that horse.<\/p>\n<p>So, should you place a bet on a horse in a Preakness Stakes pool and it wins, your return is calculated by dividing the total amount wagered on the horse, by the number of people that bet on it. Each bettor then receives an equal split of the money. If you\u2019re betting on an outsider in the Preakness, you will often find that pool betting generates bigger returns than fixed odds.<\/p>\n<h2><span id=\"Preakness_Horse_Racing_Odds_Bet_Types\">Preakness Horse Racing Odds &amp; Bet Types<\/span><\/h2>\n<p>When betting on Preakness horses and odds, you will find many types of individual bets available. Let\u2019s take you through some of them.<\/p>\n<h3><span id=\"Standard_Wagers\">Standard Wagers<\/span><\/h3>\n<p>Here are the standard wagers that you will find when betting on the Preakness Stakes. These are Win, Place, Show and Across the Board. To help to illustrate how they work, we have included examples from the <a href=\"https:\/\/preaknessstakesbetting.com\/results\/\" >Preakness Stakes results<\/a> from 2023.<\/p>\n<h4><span id=\"Win_Only_Bet\"><strong>Win Only Bet<\/strong><\/span><\/h4>\n<p>Quite simply, you are betting on a horse to win the Preakness Stakes. Your selection has to cross the wire before any of the other runners.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> National Treasure to win at +400<\/li>\n<\/ul>\n<\/div>\n<h4><span id=\"Place_Bet\"><strong>Place Bet<\/strong><\/span><\/h4>\n<p>With a place bet you are wagering on a horse to finish in the top two positions in the Preakness Stakes. This gives you more of a chance of success than simply betting on a horse to win, but of course, the odds will reflect this by being slimmer.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> Blazing Sevens to place at +500<\/li>\n<\/ul>\n<\/div>\n<h4><span id=\"Show_Bet\"><strong>Show Bet<\/strong><\/span><\/h4>\n<p>A show bet will pay out if your horse finishes in the top three positions in the race. This obviously massively increases the chances of your selection to be successful, but you will find that the Preakness live odds will reflect this, by offering narrow margins.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> Mage to show at +240<\/li>\n<\/ul>\n<\/div>\n<h4><span id=\"Across_the_Board\"><strong>Across the Board<\/strong><\/span><\/h4>\n<p>With an across the board bet, you are wagering on a horse to win, place and show. This means that you are essentially placing three bets. So if you place a $10 across the board bet, your initial unit stake will be multiplied by three, making $30 in total wagered. If your horse wins the race, then all three bets will be successful. Should it place, then the win wager is a loser, but the place and show parts will be winners. If it finishes third, then the win and place parts will lose, but the show part will be a winner.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> National Treasure to win, place and show<\/li>\n<\/ul>\n<\/div>\n<h3><span id=\"Exotic_Bets\"><strong>Exotic Bets<\/strong><\/span><\/h3>\n<p>There are also some more complicated bets that you might want to consider when browsing the Preakness Stakes odds. They are known as exotic bets. Here are some the wagers that you will find in this category.<\/p>\n<h4><span id=\"Exacta\"><strong>Exacta<\/strong><\/span><\/h4>\n<p>With an exacta you have to pick out the horse that will finish first in the race and the horse that will finish second, in the correct order. You won\u2019t know the payout until the result is known and the bet has been settled. As this is a difficult bet to get right, the payouts can be quite generous. The minimum stake is normally $2.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> 1-7 (1 beats 7)<\/li>\n<\/ul>\n<\/div>\n<h4><span id=\"Quinella\"><strong>Quinella<\/strong><\/span><\/h4>\n<p>A quinella is like an exacta, but is a little easier to predict. You are picking out the top two finishers in the Preakness Stakes, but they can finish in either order. So if you bet on 1 and 7, you will be a winner if 1 beats 7, or if 7 beats 1. Minimum stakes start at $1.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> (1-7) (1 beats 7 or 7 beats 1)<\/li>\n<\/ul>\n<\/div>\n<h4><span id=\"Trifecta\"><strong>Trifecta<\/strong><\/span><\/h4>\n<p>A trifecta is like an exacta, except that you have to pick out the first three finishers in the Preakness Stakes, in the correct order. This is obviously a difficult bet to have success with, so there is also the option to \u2018box\u2019 selections, so that you cover every permutation of how your three selections finish. Minimum stakes are 50c.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> Trifecta (1-7-3); Box Trifecta (6 permutations)<\/li>\n<\/ul>\n<\/div>\n<h4><span id=\"Superfecta\">Superfecta<\/span><\/h4>\n<p>A superfecta sets an even tougher challenge. Can you pick out the top four finishers in the Preakness Stakes, in the correct order? As you might imagine, the payouts can be very generous if you manage to predict correctly. As it is so difficult a bet to win, stakes start at just 10c and there are options to box your selections.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> Superfecta (1-7-3-5); Box Superfecta (24 permutations)<\/li>\n<\/ul>\n<\/div>\n<h4><span id=\"Super_Hi-Five\">Super Hi-Five<\/span><\/h4>\n<p>The ultimate exotic wager is a super hi-five. You are tasked with picking out the first five finishers in the Preakness, in the correct order. Should a couple of big outsiders in the live Preakness Stakes odds finish in the top five, then the payouts can be huge, with six-figure sums going to the lucky winners. To cover all the permutations by boxing your selections, requires 120 separate bets.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Example:<\/strong> Super Hi-Five (1-7-5-3-2); Box Super Hi-Five (120 permutations)<\/li>\n<\/ul>\n<\/div>\n<h2><span id=\"Finding_Preakness_Stakes_Current_Odds_Online\">Finding Preakness Stakes Current Odds Online<\/span><\/h2>\n<p>You may now be thinking about placing a bet on the Preakness Stakes. We sure hope so! Here are the steps that you will need to go through, if you&#8217;re wondering <a href=\"https:\/\/preaknessstakesbetting.com\/how-to-bet\/\" >how to bet on the Preakness Stakes<\/a> the right way:<\/p>\n<h3><span id=\"1_Pick_a_Horse_Racing_Betting_Sites\">1. Pick a Horse Racing Betting Sites<\/span><\/h3>\n<p>Take a look at our recommended Preakness Stakes online sportsbooks with a racebook attached and choose one of them. They are all good choices, so take a close look at them and try to work out which one will be best for you.<\/p>\n<h3><span id=\"2_Register_Your_Account\">2. Register Your Account<\/span><\/h3>\n<p>To sign up with a bookmaker there will generally be a \u2018join now\u2019 button or similar, which you have to click on to start the sign up process. Fill in your personal details to open your account.<\/p>\n<h3><span id=\"3_Select_a_Payment_Option\">3. Select a Payment Option<\/span><\/h3>\n<p>In order to place a bet, you will need money in your account. Go to the banking section of your new bookmaker and register a payment method. You can then deposit funds.<\/p>\n<h3><span id=\"4_Secure_Your_Bonus\">4. Secure Your Bonus<\/span><\/h3>\n<p>Bookmakers will give a welcome bonus to new customers. To ensure that you successfully get your bonus, make sure that you have fulfilled the terms and conditions attached to the offer, in order to secure the deal.<\/p>\n<h3><span id=\"5_Place_Your_Bet\">5. Place Your Bet<\/span><\/h3>\n<p>Now comes the fun part. Head to the horse racing section and click on the Preakness Stakes from the list of events. Browse the Preakness Stakes odds and choose your bet. Select your stake and confirm the wager.<\/p>\n<h2><span id=\"Final_Odds_for_the_Preakness_Stakes_Winners\">Final Odds for the Preakness Stakes Winners<\/span><\/h2>\n<p>Here are the odds for the <a href=\"https:\/\/preaknessstakesbetting.com\/previous-winners\/\" >Preakness Stakes winners<\/a> over the past 20 years. As you will see, these have ranged from hot favorites that were odds-on to win the race, to relatively big outsiders. Past winners marked in bold indicate horses that won the Triple Crown that year.<\/p>\n<p>Heading into the 2024 renewal, the last winning Preakness Stakes favorite was Justify in 2018<\/p>\n<div class=\"su-table su-table-responsive su-table-alternate\">\n<table>\n<tbody>\n<tr>\n<td><strong>Year<\/strong><\/td>\n<td><strong>Preakness Winner<\/strong><\/td>\n<td><strong>Jockey<\/strong><\/td>\n<td><strong>Trainer<\/strong><\/td>\n<td><strong>Final Odds<\/strong><\/td>\n<\/tr>\n<tr>\n<td>2023<\/td>\n<td>National Treasure<\/td>\n<td>John Velazquez<\/td>\n<td>Bob Baffert<\/td>\n<td>+400<\/td>\n<\/tr>\n<tr>\n<td>2022<\/td>\n<td>Early Voting<\/td>\n<td>Jose Ortiz<\/td>\n<td>Chad Brown<\/td>\n<td>+350<\/td>\n<\/tr>\n<tr>\n<td>2021<\/td>\n<td>Rombauer<\/td>\n<td>Flavien Prat<\/td>\n<td>Michael McCarthy<\/td>\n<td>+1200<\/td>\n<\/tr>\n<tr>\n<td>2020<\/td>\n<td>Swiss Skydive<\/td>\n<td>Robby Albarado<\/td>\n<td>Kenneth McPeek<\/td>\n<td>+600<\/td>\n<\/tr>\n<tr>\n<td>2019<\/td>\n<td>War of Will<\/td>\n<td>Tyler Gaffalione<\/td>\n<td>Mark Casse<\/td>\n<td>+400<\/td>\n<\/tr>\n<tr>\n<td>2018<\/td>\n<td><strong>Justify <\/strong><\/td>\n<td>Mike Smith<\/td>\n<td>Bob Baffert<\/td>\n<td>-200<\/td>\n<\/tr>\n<tr>\n<td>2017<\/td>\n<td>Cloud Computing<\/td>\n<td>Javier Castellano<\/td>\n<td>Chad Brown<\/td>\n<td>+1200<\/td>\n<\/tr>\n<tr>\n<td>2016<\/td>\n<td>Exaggerator<\/td>\n<td>Kent Desormeaux<\/td>\n<td>J. Keith Desormeaux<\/td>\n<td>+300<\/td>\n<\/tr>\n<tr>\n<td>2015<\/td>\n<td><strong>American Pharoah <\/strong><\/td>\n<td>Victor Espinoza<\/td>\n<td>Bob Baffert<\/td>\n<td>-125<\/td>\n<\/tr>\n<tr>\n<td>2014<\/td>\n<td>California Chrome<\/td>\n<td>Victor Espinoza<\/td>\n<td>Art Sherman<\/td>\n<td>-167<\/td>\n<\/tr>\n<tr>\n<td>2013<\/td>\n<td>Oxbow<\/td>\n<td>Gary Stevens<\/td>\n<td>D. Wayne Lukas<\/td>\n<td>+1500<\/td>\n<\/tr>\n<tr>\n<td>2012<\/td>\n<td>I\u2019ll Have Another<\/td>\n<td>Mario Gutierrez<\/td>\n<td>Doug O&#8217;Neill<\/td>\n<td>+250<\/td>\n<\/tr>\n<tr>\n<td>2011<\/td>\n<td>Shackleford<\/td>\n<td>Jesus Castanon<\/td>\n<td>Dale Romans<\/td>\n<td>+1200<\/td>\n<\/tr>\n<tr>\n<td>2010<\/td>\n<td>Lookin At Lucky<\/td>\n<td>Martin Garcia<\/td>\n<td>Bob Baffert<\/td>\n<td>+300<\/td>\n<\/tr>\n<tr>\n<td>2009<\/td>\n<td>Rachel Alexandra<\/td>\n<td>Calvin Borel<\/td>\n<td>Steve Asmussen<\/td>\n<td>+160<\/td>\n<\/tr>\n<tr>\n<td>2008<\/td>\n<td>Big Brown<\/td>\n<td>Kent Desormeaux<\/td>\n<td>Richard Dutrow<\/td>\n<td>-500<\/td>\n<\/tr>\n<tr>\n<td>2007<\/td>\n<td>Curlin<\/td>\n<td>Robby Albarado<\/td>\n<td>Steve Asmussen<\/td>\n<td>+240<\/td>\n<\/tr>\n<tr>\n<td>2006<\/td>\n<td>Bernardini<\/td>\n<td>Javier Castellano<\/td>\n<td>Tom Albertrani<\/td>\n<td>+200<\/td>\n<\/tr>\n<tr>\n<td>2005<\/td>\n<td>Afleet Alex<\/td>\n<td>Jeremy Rose<\/td>\n<td>Timothy Ritchey<\/td>\n<td>+225<\/td>\n<\/tr>\n<tr>\n<td>2004<\/td>\n<td>Smarty Jones<\/td>\n<td>Stewart Elliott<\/td>\n<td>John Servis<\/td>\n<td>-150<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span id=\"The_Best_Betting_Site_for_the_Latest_Preakness_Odds\">The Best Betting Site for the Latest Preakness Odds<\/span><\/h2>\n<p>When it comes to selecting the best betting side for Preakness prices, there are a number of factors that we consider. How generous are the odds? Are the Preakness odds live markets updated regularly? What are the range of available bets like?<\/p>\n<p>Taking all of this into account, we consider Bovada to be the best choice in this category. They perform well on all of the aforementioned criteria and have a number of innovative features. You can make a request for a special Preakness bet if you can\u2019t find what you\u2019re looking for. This means that Bovada can provide odds for you, no matter how niche the bet that you\u2019re looking for.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/preaknessstakesbetting.com\/visit\/bovada\" class=\"su-button su-button-style-3d\"  target=\"_blank\"  rel=\"nofollow sponsored\"><span>Visit Bovada<\/span><\/a><\/div>\n<h2><span id=\"FAQs\">FAQs<\/span><\/h2>\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"How_are_Preakness_Stakes_odds_displayed\">How are Preakness Stakes odds displayed? <\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>With the Preakness being one of the top events in the US horse racing calendar, the odds are generally displayed using the American odds format. For odds-on favorites, you will see a negative number that shows how much you need to bet to win $100. Figures with a plus sign before them, show how much you win if you bet $100. <\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"What_horse_is_favorite_for_the_Preakness\">What horse is favorite for the Preakness? <\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>The Kentucky Derby winner 2024, Mystik Dan is the most likely Preakness Stakes betting favorite. <\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"Where_can_I_find_pick_and_odds_on_the_Preakness_Stakes\">Where can I find pick and odds on the Preakness Stakes? <\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>You will find the latest picks and odds for the Preakness Stakes right here at PreaknessStakesBetting. We will keep you up to date with the Preakness current odds and the best betting advice. <\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"What_are_the_current_Preakness_odds_like\">What are the current Preakness odds like? <\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>You will have to check for the prices for the Preakness after the Kentucky Derby has been run on the first Saturday in May. The Preakness odds are heavily impacted by the Derby results, with many trainers and stables waiting until after the big race at Churchill Downs to decide whether their horse should run at the Preakness. <\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"Should_I_bet_the_Kentucky_Derby_winner_in_the_Preakness_Stakes\">Should I bet the Kentucky Derby winner in the Preakness Stakes? <\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>The Derby winner, who was Mystik Dan in 2024, will normally be the favorite for the Preakness. However, it\u2019s no guarantee that they will win. The last Preakness winner that also won the Kentucky Derby was Justify in 2018, en-route to clinching the Triple Crown. <\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3><span id=\"When_will_we_know_the_Preakness_odds_and_post_positions\">When will we know the Preakness odds and post positions?<\/span><\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Odds for the Preakness will begin to appear after the Kentucky Derby has been run on Saturday, May 4. It takes place two weeks later on Saturday, May 18, with <a href=\"https:\/\/preaknessstakesbetting.com\/post-positions\/\">Preakness Stakes post positions<\/a> due to be announced when the post draw is made on Monday, May 13.\u00a0<\/p>\n    <\/div>\n<\/section>\n\n","protected":false},"excerpt":{"rendered":"<p>This is where to find the the latest Preakness Stakes odds on the Triple Crown race run at Pimlico in Baltimore. We\u2019ve got all the latest odds for the Preakness, direct from our recommended offshore betting sites for this major sporting event. Read on to check out the latest odds and to find out more &hellip; <\/p>\n","protected":false},"author":52,"featured_media":0,"parent":2286,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-15901","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Preakness Stakes Odds 2024 - Where To Find The Bet Prices<\/title>\n<meta name=\"description\" content=\"Complete guide to Preakness Stakes odds 2024. Find the latest live Preakness odds and explore the different bet types available.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/preaknessstakesbetting.com\/odds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Preakness Stakes Odds 2024 - Where To Find The Bet Prices\" \/>\n<meta property=\"og:description\" content=\"Complete guide to Preakness Stakes odds 2024. Find the latest live Preakness odds and explore the different bet types available.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/preaknessstakesbetting.com\/odds\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-14T09:08:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/preaknessstakesbetting.com\/wp-content\/uploads\/2024\/04\/Preakness_Stakes_odds.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"13 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/preaknessstakesbetting.com\/odds\/\",\"url\":\"https:\/\/preaknessstakesbetting.com\/odds\/\",\"name\":\"Preakness Stakes Odds [cur_year] - Where To Find The Bet Prices\",\"isPartOf\":{\"@id\":\"https:\/\/preaknessstakesbetting.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/preaknessstakesbetting.com\/odds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/preaknessstakesbetting.com\/odds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/preaknessstakesbetting.com\/wp-content\/uploads\/2024\/04\/Preakness_Stakes_odds.jpg\",\"datePublished\":\"2024-04-12T11:05:47+00:00\",\"dateModified\":\"2024-05-14T09:08:02+00:00\",\"description\":\"Complete guide to Preakness Stakes odds [cur_year]. 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