Preakness Stakes Odds
For the $1 Million Grade 1 Stakes Race
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Countdown to the Preakness Stakes

Preakness Stakes Odds

For the $2 Million Grade 1 Stakes Race

BUSR is the best site to place your bet on the 2025 Preakness Stakes.

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2024 Preakness Stakes Contenders
PP Horse Odds Jockey Trainer
1 Mugatu 20-1 Joe Bravo Jeff Engler
2 Uncle Heavy 20-1 Irad Ortiz Jr. Robert Reid, Jr.
3 Catching Freedom 6-1 Flavien Prat Brad H. Cox
SCR Muth 8-5 Juan Hernandez Bob Baffert
5 Mystik Dan 5-2 Brian Hernandez,Jr. Kenneth McPeek
6 Seize The Grey 15-1 Jaime Torres D.Wayne Lukas
7 Just Steel 15-1 Joel Rosario D.Wayne Lukas
8 Tuscan Gold 8-1 Tyler Gaffalione Chad Brown
9 Imagination 6-1 Frankie Dettori Bob Baffert

The Preakness Stakes, held annually at the Pimlico Race Course in Baltimore, Maryland, is the second jewel in the Triple Crown, coming after the Kentucky Derby and before the Belmont Stakes.

Since its creation in 1873, the Preakness has captured the imagination of racing fans with its rich history, exciting races, and showcase of some of the sport's best thoroughbreds.

The Preakness Stakes is a Grade I stakes race for three year-old Thoroughbreds at Pimlico Race Course run on the third Saturday in May. This year, the race will be held on Saturday, May 17th. You can watch the Preakness Stakes at 5 p.m. EST on TV on NBC or live stream on

The odds are updated daily and are available for wagering.
Bet early and bet often!

Understanding Preakness Stakes Odds

Before going into the world of Preakness Stakes odds and betting, you must first understand the concept of morning lines. The morning line is a set of odds announced by the track's official handicapper a day or two before the race. These odds predict how the betting public will wager on the race and serve as a starting point for bettors.

The Preakness Stakes morning line odds are determined by a number of factors, including each horse's previous performance, training sessions, the jockey's reputation, and other elements that may influence the outcome of the race. While these odds offer useful information, they are not definitive predictions of race results.

Reading Preakness Stakes Odds

Understanding how to read and interpret odds is critical for making informed betting decisions. The odds for the Preakness Stakes are typically displayed in a fractional format, such as 3-1, 5-2, or 10-1. These numbers show the potential return on your bet. For example, if you bet $1 on a horse with 3-1 odds and it wins, you will receive $3 in winnings plus your original $1 stake back, totaling $4.

Preakness Stakes Odds Betting Basics

The simplest bets are 'Win,' 'Place,' and 'Show.' A Win bet is when you wager on a horse to finish first. A Place bet is for a horse to finish either first or second, and a Show bet is for your chosen horse to finish in any of the top three positions. The odds for the Preakness Stakes Futures are updated and may change as we approach race day.

For beginners, these simple bets are a great way to get started. They are easier to understand while maintaining lots of excitement. As you gain more experience with betting, you may want to try more complex wagers such as Exactas, Trifectas, and Superfectas, which require predicting the top two, three, or four horses in the exact order of finish.

Preakness Stakes Odds Advanced Betting

Understanding advanced concepts such as exotic bets is essential for those looking to get more involved in Preakness Stakes betting. Exotic bets, such as Exactas, Trifectas, and Superfectas, require predicting the order of finish for the top two, three, or four horses, respectively. While these bets are more difficult to win, they do have the potential for larger payouts.

Understanding the importance of post positions (a horse's starting position in a race) is another advanced concept. Certain post positions may be more advantageous than others, depending on the racetrack layout and the horse's racing style.

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New Members get a free $10 Bet

As a member, you'll can qualify for Free $10 Bet on the Preakness. When you sign up and make make your first deposit at BUSR, you will receive a Free $10 Bet to place on the Preakness Stakes.
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Preakness Stakes Props

You'll get great fixed odds with amazing payouts on the leading Preakness Stakes horses.
Bet on the prop wagers such as margin of victory, head-to-head matchups and more.

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Pimlico, Preakness Stakes, Black Eyed Susan, Maryland Jockey Club are registered trademarks of The Stronach Group or its affiliates (collectively Stronach Group). Stronach Group does not sponsor or endorse, and is not associated or affiliated with US Racing or its products, services or promotions. US Racing provides free information, odds, facts and commentary about the Preakness Stakes and horse racing and betting, in general. Third party marks may be referenced in a transformative, editorial, informational, nominative, critical, analytical or comparative context. US Racing may reference marks belonging to third parties pursuant to our right to engage in fair use, fair comment, statutory fair use or trade mark fair use doctrine. As such, US Racing does not contribute to any dilution of any trade or service marks. US Racing provides this information in an effort to educate and grow the sport of thoroughbred racing in North America with an emphasis on attracting new fans of the sport.