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Preakness Stakes Betting Trends & Facts

The Preakness Stakes (G1) at Pimlico is fast approaching with Kentucky Derby (G1) winner Always Dreaming seeking to keep his Triple Crown hopes alive.

The Todd Pletcher trainee is a solid 10-11 early betting favorite at Bovada after his 2 3/4 lengths victory in the Run for the Roses with Hall of Fame jockey John Velazquez in the irons.

Pletcher will be looking for his first Preakness win and his talented colt will seek to become the third runner in the last four years to complete the Derby-Preakness double and head to the Big Apple looking to make history in the Belmont Stakes (G1).

Here are a few Preakness facts and trends you should be aware of before making your picks:

  • Just three of the last 16 Preakness winners paid more than $8.80 to win — Bernardini ($27.80) in 2006, Shackleford ($27.20) in 2011 and Oxbow ($32.80) in 2013.
  • The Preakness betting favorite has won 13 of the last 32 editions of the race. The second betting choice has won the race nine times.
  • The post-time favorite in the last four editions has been even money or less with California Chrome ($3.00) and American Pharoah ($3.80) winning.
  • The betting favorite has won 72 of the 142 editions of the Preakness.
  • While the Kentucky Derby has had two winners pay over $100 in the last dozen years, the top payoff in the Preakness was Master Derby, who returned $48.80 in 1975.
  • While favorites have run well, the runner-up in the Preakness can sometimes be a long shot — Cherry Wine last year at 17-1, Tale of Verve in 2016 at 28-1, Macho Again at 39-1 in 2008 and Magic Weisner at 45-1 in 2002.
  • War Emblem (5-2) and Magic Weisner (45-1) combined for a record $327 exacta in 2002.
  • Trainer Bob Baffert has won the second jewel of the Triple Crown six times. The record is seven held by R. Wyndham Walden.
  • Always Dreaming trainer Todd Pletcher’s record in the Preakness is 0-for-8.
  • Three active jockeys have won the Preakness three times — Kent Desormeaux, Gary Stevens and Victor Espinoza.
  • Since 1983, only three Preakness winners did not compete in the Kentucky Derby. The last to do so was Rachel Alexandra in 2009.
  • Seven geldings have won the Preakness, the last being Funny Cide in 2003.
  • Exaggerator became the first Kentucky Derby runner-up to win the Preakness since Prairie Bayou in 2003.
  • Since 1997, 10 of 20 Derby winners came back to win the Preakness.
  • Four of the last 10 editions of the Preakness have been won in gate to wire fashion, and seven of the last 30.
  • Over the past 41 years the best post positions in the Preakness have been the eight post with eight winners and the three and seven posts with six winners each. The one and two posts are just 2-for-41 each.
  • The largest margin of victory in the Preakness belongs to Smarty Jones in 2004, winning by 11 ½ lengths. American Pharoah won by seven lengths in 2015, tied for sixth in largest margin of victory.

Handicapper Michael Dempsey will be covering the Triple Crown for OddsShark and his full card reports with selections, analysis, fair odds line and wagering recommendations for major tracks can be found daily at turfnsport.com.

Archived Articles

The Preakness Stakes goes down this Saturday, and while Nyquist is the favorite, bettors should take any edge they can get before placing a wager. With history often being the best indicator for what to expect in the future, here's some Preakness facts and trends you should be aware of before making your picks.

  • While the Kentucky Derby has had two winners pay over $100 since 2005, the top payoff in the Preakness was Master Derby, who returned $48.80 in 1975.
  • Trainer Bob Baffert, who sends out Collected this year, has won the second jewel of the Triple Crown six times. The record is seven held by R. Wyndham Walden.
  • Seven-time Eclipse Award winning trainer Todd Pletcher (Stradivri) has a Preakness record of 0 for 7.
  • Gary Stevens and Victor Espinoza are the leading active jockeys with three Preakness wins each.
  • Favorites have won 72 of the 141 editions of the Preakness. The betting favorite has won in three of the last four years.
  • In the last 29 years, 20 of the Preakness winners have gone off at betting odds of 7-2 or less. 
  • The last Preakness favorite to lose was Orb, who checked in fourth at 3-5 in 2013.
  • While favorites have run well, the runner up in the Preakness can sometimes be a longshot—Tale of Verve last year at 28-1, Macho Again at 39-1 in 2008 and Magic Weisner at 45-1 in 2002.
  • Since 1983 only three Preakness winners did not compete in the Kentucky Derby. The last to do so was Rachel Alexandra in 2009.
  • In the last 50 years just six Preakness winners have gone gate to wire, American Pharoah the last to do so last year.
  • Seven geldings have won the Preakness, the last being Funny Cide in 2003.
  • The largest margin of victory in the Preakness belongs to Smarty Jones in 2004, winning by 11 ½ lengths.
  • Since 2003 we have seen six Preakness winners go off at 9-5 or less, the last American Pharoah last year at 4-5.
  • Despite American Pharoah going off at 4-5, last year’s exacta with Tale of Verve returned $114.40.
  • The last Kentucky Derby runner up to win the Preakness was Prairie Bayou in 1993. Since 1963 the Derby runner up has compiled a record of 3 for 39 in the second jewel of the Triple Crown.

Handicapper Michael Dempsey provides his full card analysis for Preakness Stakes Day at turfnsport.com. OddsShark readers can use the coupon code “sport” for 20% off reports!

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