How To Bet Online For The Preakness

  1. How To Bet Online For The Preakness Picks
  2. How To Bet Online For Belmont Stakes
  3. How To Bet Online For The Preakness Odds

The 145th Preakness Stakes will close out the reshuffled 2020 Triple Crown season. Tiz the Law won the Belmont Stakes in June, and Kentucky Derby winner Authentic is the favorite to win Saturday in Pimlico

This bet requires selecting the winner of the Black-Eyed Susan and the Preakness with a payout amount based on the odds of each winning horse. PREAKNESS BETTING STRATEGY TIPS After the huge field and the frenetic pace set in the Kentucky Derby handicapping the Preakness is usually not much different than handicapping any other race. BetOnline is offering a $25 risk free horse racing bet to new players (can be used on the Preakness), a 7% horse race betting rebate, and a 50% matching bonus of your first deposit. Rollover requirements do apply. Check out our full review here. Preakness Stakes Odds. Here are the odds for the Preakness Stakes from Wednesday, September 30th.

Here is a breakdown of every horse in the Preakness Stakes, suggested plays and picks.

Note: Horses listed in order of post position (jockey/trainer in parentheses).

Chris Fallica's guide to the field

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1. Excession (Sheldon Russell/Steve Asmussen) 30-1

The only two times this horse has cracked the exacta have come on sloppy tracks, including at 83-1 in the Rebel. That race was a 16-point improvement over his previous best race, so that, along with him not having run in seven months, has me a little skeptical of him belonging here. Some will point to him having talent, as he lost by only 1¾ lengths to Maxfield. I always play the all button for third in trifectas for a little bit, so if this late-runner hits the board, I'll be covered.

2. Mr. Big News (Gabriel Saez/Bret Calhoun) 12-1

Another one with little speed, but he backed up that win at Oaklawn with a very good run at 47-1 in the Derby. He wasn't going to get to the top two, but he ran well -- it was just that 1¼ was a little too far for him, and the pace wasn't as fast as he would hoped early. He has improved every race and does he have one more step forward here, or is there a regression overdue? On the negative side, he has been crushed by Art Collector and beaten by Excession. I'm guessing he'll take some money here and be an underlay. One can make a case for him, but I'm on the fence.

3. Art Collector (Brian Hernandez Jr./Tom Drury) 5-2

He has gotten really good since the barn change, romping in the Blue Grass and at Ellis Park. He unfortunately missed the Derby, which really affected the pace -- and potentially the outcome of the race. He's versatile and should be in a good spot. He crushed Swiss Skydiver at Keeneland and Attachment Rate at Ellis. He'll be at worst second choice and should have a big say in the outcome here.

4. Swiss Skydiver (Robby Albarado/Ken McPeek) 6-1

She has speed and does her best running on the front end, and I'm not sure the jockey choice is the best for that style. She was beaten in the Oaks by one of the longest shots on the board and crushed by Art Collector at Keeneland. My guess is she'll take money here, but I don't see the pace scenario fitting her here. If she wins, I lose.

5. Thousand Words (Florent Geroux/Bob Baffert) 6-1

Had a scary incident in the paddock prior to the Kentucky Derby and had to scratch. Fortunately he's OK and able to run here. There's little doubt he'll be on the front end with the addition of blinkers and an aggressive jockey, Geroux. He held on to beat Honor AP at Del Mar, but be wasn't the best horse in that race. He's game, but I'd be surprised if he held on for more than a bottom part of the trifecta.

6. Jesus' Team (Jevian Toledo/Jose D'Angelo) 30-1

How To Bet Online For The Preakness Picks

This one has made quite the leap forward, going from a $25K claimer to Graded Stakes Placed at Saratoga. His top Beyer of 95 doesn't class out here, but I can't fault the connections for taking a chance in this odd Triple Crown season. It wouldn't shock me at all for these small-time connections ran to hit the board here and he outruns his odds.

7. Ny Traffic (Horacio Karamanos/Saffie Joseph) 15-1

Packed it in early after a wide trip in the Derby and was set to bounce some after running huge in the Haskell, where he nearly beat Derby winner Authentic. He has had some bad trips in many of his recent defeats. He has been right there with Authentic and Maxfield, and cutting back to a more comfortable distance he has a very big chance here from just off the pace.

8. Max Player (Paco Lopez/Steve Asmussen) 15-1

He will again be a popular price play, but I don't think he has a great turn of foot, and he has been nowhere against elite competition like Authentic and Tiz the Law. Maybe he can plod up for a lower rung of the trifecta, but that its about it.

9. Authentic (John Velazquez/Bob Baffert) 9-5

Took advantage of a lack of pace presence in the Derby and wired the field. He has run six races and won five, yet why am I skeptical of him here? I expect there will be a bit more pace pressure here, and while he has the outside draw and the speed should be to the inside, he needs the lead. I'll be betting against the Derby winner on top.

10. Pneumatic (Joe Bravo/Steve Asmussen) 20-1

Enters off his best lifetime race in an easy Pegasus win. Was competitive vs. Maxfield and Ny Traffic at Churchill and ran decently in the Belmont despite a wide trip. He should get a nice stalking spot, and from there it's just a question if he's good enough. I think he's a cut below, but it's not impossible.

11. Liveyourbeastlife (Trevor McCarthy/Jorge Abreu) 30-1

From 83-1 in an OCL in May to runner-up in the Jim Dandy in four months. Trainer doesn't really win Graded Stakes races, so I'd best leave this suddenly in-form stalker to the underneath portions of the ticket.

Fallica's suggested plays

Here are some suggested plays. I'll use a $1 base for the exotic wagers and you can hit the repeat wager button as your budget allows. Good luck!

Nuggets to know

Playing favorites

This will likely be the third straight year -- and eighth time -- that Bob Baffert has the Preakness favorite. He has won with four of the previous seven favorites, but last year Improbable finished sixth as the favorite. Baffert has won the Preakness with all three Derby winners that were sent off as the favorite in Pimlico.

Baffert with Preakness favorites:

2019: Improbable finished sixth
2018: Justify won*
2015: American Pharoah won*
2012: Bodemeister finished second
2002: War Emblem won*
2001: Point Given won
1996: Cavonnier finished fourth
*Also won Kentucky Derby

Baffert's perfect mark

Baffert is a perfect 5-for-5 with Derby winners in the Preakness. Baffert tied a record with his sixth Derby win in September and can win a record eighth Preakness this weekend.

Baffert Derby-winning horses in Preakness:

2018: Justify (2-5 odds) won
2015: American Pharoah (4-5) won
2002: War Emblem (3-1) won
1998: Real Quiet (5-2) won
1997: Silver Charm (3-1) won

Fading the favorites?

After seeing the favorite win seven times in nine years from 2001 to 2009, favorites have won just three of the past 10 and finished sixth or worse two of the past three years.

How To Bet Online For Belmont Stakes

Long shots find the board

Since 2013, 11 of the 21 horses to hit the board in the Preakness were at least 10-1, and seven were at least 15-1. Take a look at the odds of the second-place finisher since 2013.

2019: Everfast (29-1 odds)
2018: Bravazo (15-1)
2017: Classic Empire (2-1)
2016: Cherry Wine (17-1)
2015: Tale of Verve (29-1)
2014: Ride on Curlin (10-1)
2013: Itsmyluckyday (9-1)

More odds and ends

• The fourth choice in the wagering hasn't won the Preakness since Bernardini in 2006.

• Since 2010, the only horse to win the Preakness that did not run in the Derby was Cloud Computing in 2017.

• Last year, War of Will became the third horse since 2010 to win the Preakness after finishing sixth or worse in the Kentucky Derby. Oxbow did it in 2013, and Lookin at Lucky did in 2010. Ny Traffic finished eighth in this year's Derby.

• Think it's as easy as Authentic over Art Collector? Think again. The last time the favorite won and the second choice ran second in the Preakness was 1981, when favored Pleasant Colony won and second choice Bold Ego ran second. Note that there have been instances since then where the second choice won and the favorite ran second, like in 2012, when second choice I'll Have Another beat favored Bodemeister.

The Preakness Stakes is the third leg of the 2020 Triple Crown after being rescheduled to Saturday, Oct. 3. Tiz the Law won the Belmont Stakes on June 20 and he finished runner-up in the Kentucky Derby on Sept. 5. However, Tiz the Law will skip the Preakness and run next in the Breeders’ Cup Classic Nov. 7 at Keeneland. The Preakness Stakes draw was completed Sept. 28 and Kentucky Derby winner Authentic was made the 9/5 morning line favorite with Art Collector (5/2) the second choice.

In another change to Triple Crown races, the Preakness Stakes joins the Belmont Stakes as a “Win and You’re In” qualifying race to the Nov. 7 Breeders’ Cup Classic at Keeneland.

Trainer Bob Baffert is the leading trainer in Triple Crown history with 16 victories after winning his record-tying sixth Kentucky Derby with Authentic. He is tied for the most wins in the Preakness with seven victories and his last two winners won the Triple Crown – Justify (2018) and American Pharoah (2015).

Best Preakness betting sites 2021

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Preakness Stakes post positions and odds

Post PositionHorseOpening Odds (2020)JockeyLast Race
1Excession30/1Sheldon Russell2nd in Rebel Stakes
2Mr. Big News12/1Gabriel Saez3rd in Kentucky Derby (G1)
3Art Collector5/2Brian Hernandez Jr.1st in Ellis Derby
4Swiss Skydiver6/1Robby Albarado2nd in Kentucky Oaks (G1)
5Thousand Words6/1Florent Geroux1st in Shared Belief
6Jesus' Team30/1Jevian Toledo3rd in Jim Dandy (G2)
7Ny Traffic15/1Horacio Karamanos8th in Kentucky Derby (G1)
8Max Player15/1Paco Lopez5th in Kentucky Derby (G1)
9Authentic9/5John Velazquez1st in Kentucky Derby (G1)
10Pneumatic20/1Joe Bravo1st in Pegasus Stakes
11Liveyourbeastlife30/1Trevor McCarthy2nd in Jim Dandy (G2)

Where to bet the Preakness Stakes and race schedule

The 145th Preakness Stakes is set for Saturday, Oct. 3, 2020. Here is more information and tips on betting the Preakness Stakes, and how you can watch and wager on this year’s event.

  • Date: Saturday, Oct. 3, 2020
  • Time: 5:30 p.m. ET
  • TV: NBC
  • Tablet, Online, Mobile: NBC Sports App and streamed live on and fuboTV
  • Track & Location: Pimlico Race Course in Baltimore, Maryland
  • Distance: 1 3/16 miles (9 furlongs) – since 1925
  • Surface: Dirt
  • Horses: 3-Year-Old Thoroughbreds
  • Track Record: Secretariat (1:53.00 in 1973)
  • Largest Margin of Victory: Smarty Jones (11 lengths in 2004)

The Preakness post-position draw is Monday, Sept. 28, and Preakness oddsmaker Keith Fuestle will set the odds immediately after the draw. The field is limited to a maximum of 14 starters, but the only years the Preakness starting gate was filled to capacity were 2011, 2005, and 1992.

Fans can wager legally at racetracks, simulcast centers such as Off Track Betting (OTB) Centers, and on advanced deposit wagering platforms such as TVG, BetAmerica and TwinSpires, where bettors in 31 states can legally bet on horse races from their mobile devices and web browsers. You can also wager on horse racing legally in the state of Nevada at the hundreds of casinos with race and sportsbooks.

Horse racing wagers and bets

In addition to the traditional “straight” wagers (Win, Place, Show), fans can also attempt to cash big in the various “exotic” pools. Exacta (top two finishers), Trifecta (top three), Superfecta (top four), and Super High Five (top five) wagering are all offered, and cashing a ticket in any of these pools can produce a bigger payday.

  • Win: Bet on the horse you think you will win the Kentucky Derby.
  • Place: Get paid the place price if your horse finishes first or second.
  • Show: A show bet pays the least, but you win and get paid the show price if your horse finishes first, second or third.
  • Exacta: Predict the first two horses in the correct order.
  • Trifecta: Predict the first three horses in the correct order.
  • Superfecta: Predict the first four horses in the correct order.
  • Super High Five: Predict the first five horses in the correct order.

The Preakness Stakes betting odds are finally determined by the pari-mutuel system at the track which means your potential payout depends on how much money is in the pot overall, divided by how many bets are placed. The odds will fluctuate in the build-up to the race and never more so than in the final few moments before post time.

Picking a Preakness winner

There are many ways to handicap a horse race, and there is no shortage of opinions or angles when it comes to the handicapping the Preakness Stakes following the Kentucky Derby results. From a beginner’s betting guide to the most sophisticated tools for informed handicappers, there are many pieces of information and betting guides to assist you in identifying a potential Preakness winner and narrowing the list of top contenders.

  • Handicapping horses and the races takes much time, research and intuition. Beyond studying past performance charts and horse stats, speed figures, class ratings, tracks and bias, jockey and trainer stats, horse pedigree and even post position (Preakness draw is Wednesday, Sept. 30), a handicapper has to have insight and ability to find various ways to identify horses that are ready to win. That’s especially true in a ‘normal’ year for the Derby horses that are running in the Preakness with just a two-week recovery. But the 2020 races are four weeks apart. You can review race videos, tracks, surfaces or find horses that had troubled trips in recent races. But it’s important to distill information that can help you identify horses that may offer some value next time out or others in good form or improving that can provide value wagering opportunities.
  • Races and horses should be backed based on positive attributes and not as a result of who’s the best of the worst. As you study some of the betting guides and training tools, you’ll become better prepared and equipped to analyze races in a more meaningful way. That includes the Preakness Stakes along with the Kentucky Derby and the prep races leading up to the Derby. Understanding ‘how’ a horse has run leading up to a race versus the far less important ‘where’ the horse finishes and ‘what’ time he/she completed their recent races will help you become more proficient.
  • Trainer Bob Baffert has won the Preakness a record-tying 7 times (D. Wayne Lucas) including in 2015 with American Pharoah and 2018 with Justify, who both went on to win the Triple Crown. Baffert is the trainer for both Authentic and Thousand Words in the 2020 race Preakness.

These sections below will be updated with additional horses and information as more runners are confirmed for the Preakness Stakes.

Front runners and “need the lead”

The pace often makes the race, and the Preakness will be no different. The horses that “need the lead” or will be forwardly placed and pressing the pace include two leading contenders and favorites Authentic and Art Collector. They will be joined up front by filly Swiss Skydiver.

Stalkers ready to pounce

With Tiz the Law opting to not run in the Preakness, there is one less top contender looking to stalk and pounce. Ny Traffic may make up more ground as he did when closing in on Authentic in the Haskell before losing by a nose.

Value Horses

How To Bet Online For The Preakness Odds

Thousand Words and NyTraffic going off at higher odds provides some horses with some value below the top tier runners. Art Collector moves up as the second choice with Tiz the Law out, but sharp horse players believe he’s a real shooter after missing the Kentucky Derby. Trainer Bob Baffert is going for his record eighth Preakness win and will have two chances with Authentic and Thousand Words both leading contenders.

Last year, War of Will was identified on these pages as a value horse and he pulled the upset and won at 6/1 odds.

The Preakness has been dominated in recent years by horses who set or press/stalk the pace, but most of the time those were simply the best horses like Justify, American Pharoah, California Chrome, Big Brown and the filly Rachel Alexandra. Kettle coin master card. Exaggerator was able to come from well off a hotly-contested pace to win the 2016 Preakness. An improving 3-year-old or fresher and talented colt like Art Collector or Thousand Words may be able to pull another upset, but not at odds like Clould Computing (13/1) in 2017 or Oxbow (15/1) in 2013.

Preakness Stakes history and results

YearWinnerPost OddsTimeJockeyTrainer
2020Swiss Skydiver411/11:53.28
2019War of Will16/11:54.34Tyler GaffalioneMark Casse
2018Justify71/21:55:93Mike SmithBob Baffert
2017Cloud Computing213/11:55:98Javier CastellanoChad Brown
2016Exaggerator53/11:58:31Kent DesormeauxJ. Keith Desormeaux
2015American Pharoah14/51:58.46Victor EspinozaBob Baffert
2014California Chrome33/51:54.84Victor EspinozaArt Sherman
2013Oxbow615/11:57:54Victor EspinozaD.W. Lukas
2012I'll Have Another93/11:55.94G. StevensD. O'Neill
2011Shackleford512/11:56.21M. GuiterrezD. Romans
2010Lookin At Lucky75/21:55.47J. CastanonB. Baffert
2009Rachel Alexandra139/51:55.05M. GarciaS. Asmussen
2008Big Brown61/51:54.80C. BorelR. Dutrow Jr.
2007Curlin47/21:53.46K. DesormeauxS. Asmussen
2006Bernardini812/11:54.65R. AlbaradoT. Albertrani
2005Afleet Alex123/11:55.04J. CastellanoT. Ritchey
2004Smarty Jones73/51:55.59J. RoseJ. Servis
2003Funny Cide99/51:55.61S. ElliottB. Tagg
2002War Emblem85/21:56.36J. SantosB. Baffert
2001Point Given112/11:55.51V. EspinozaB. Baffert
2000Red Bullet47/11:56.04G. StevensJ. Orseno
1999Charismatic68/11:55.32J. BaileyD.W. Lukas
1998Real Quiet105/21:54.75C. AntleyB. Baffert
1997Silver Charm73/11:54.84K. DesormeauxB. Baffert