2018 Preakness Stakes Betting Cheat-Sheet

Written by on May 18, 2018

While many of you who come here to read the articles posted on our blog are of the serious bettor variety, there are many more casual bettors looking for a little bit of advice. The numbers in the latter group tend to increase any time a major sporting event such as the Super Bowl, World Cup Final, or Kentucky Derby roll around. Everyone wants a piece of the action when those events are on the calendar, and we have another this weekend with the 143rd running of the Preakness Stakes at Pimlico in Baltimore. While not as big as the Kentucky Derby, this race is still one of the biggest of the horse racing season, which is why we decided to create a little 2018 Preakness Stakes Betting Cheat-Sheet. Don’t forget to check the latest horse racing odds for The Run for the Black-Eyed Susans before placing your ticket!

2018 Preakness Stakes Betting Cheat-Sheet

Where and when is the Preakness Stakes?

As is always the case, the Preakness Stakes will be run at Pimlico racetrack in Baltimore, MD. The expected post time for the race is on Saturday, May 19 at about 6:20 PM EST. That still leaves you plenty of time to study the form and get your wagers on.

Why is the Preakness Stakes so important?

Even if you are nothing more than a casual fan of horse racing, you will almost certainly have heard of the Triple Crown. Winning all 3 of the races that make up the Triple Crown is one of the biggest feats in sports, simply because only 12 horses have managed to do it in a 142-year span. The reason why it is so tough to win is that all 3 races come in relatively quick succession, making it impossible for the horses to get the recovery time they usually need before each race. The Preakness Stakes is important because it is the second leg of the Triple Crown. A horse that wins the Derby and the Preakness has a shot at the coveted Triple Crown in a couple of weeks at the Belmont Stakes.

How many horses have won the Kentucky Derby and the Preakness Stakes in the same year?

Since we now already know that there have been 12 Triple Crown winners over the years, we know that at least that number have pulled off this double. What may come as a surprise is that only 11 more, for a total of 23, have ever won both races in the same year. The Preakness Stakes is very common where we get to see a huge upset, so keep that in mind when wagering on Saturday.

What should I look for before betting on the Preakness Stakes?

One of the biggest factors that can impact any horse race is the track conditions. The weather in Baltimore this weekend is calling for a lot of rain, which means we are likely going to see a sloppy track, just as we did in the Kentucky Derby.

How many horses are in the Preakness Stakes, and who are the favorites to win?

The overwhelming favorite for the Preakness Stakes is Justify, the winner of the Kentucky Derby. His performance last time out was nothing short of brilliant. If he runs a similar race here, he should destroy this field of 8 horses. Good Magic is another one to watch, as he ran second to Justify in the Derby on a sloppy track. You may also want to keep an eye on Quip and his early speed.

2018 Preakness Stakes Betting Odds

  • Justify -250
  • Good Magic +300
  • Quip +1200
  • Lone Sailor +1300
  • Tenfold +1600
  • Bravazo +2000
  • Diamond King +2200
  • Sporting Chance +2500