Preakness Stakes Prop Bets are available for the 2021 race.

This weekend sees the 147th running of “The Run For The Black-Eyed Susans,” known more commonly of course as the Preakness Stakes

The Preakness, which is the second leg of the American Triple Crown, has lost some of its excitement as we won’t be seeing Rich Strike, the winner of the Kentucky Derby.

However, we have nine Preakness Stakes contenders going to post at 7:01 p.m. ET on Saturday, with the Steve Asmussen-trained Epicenter as the chalk at around +100 in Preakness Stakes odds. In addition to the odds, take a look at our Preakness Stakes picks for this weekend.

The race certainly looks at the mercy of Epicenter but he is a short price on the boards.

Bet On The Preakness Stakes Here

So the question is how can we maybe find some better bets? And the answer is by using props. Let’s take a look at some of the props markets for Saturday.

Preakness Stakes Props: Straight Duel Matchups

A straight matchup prop is a simple bet to understand, where we are placing one horse against another and all we have to do is decide which one will have the better finishing position.

It does not matter where the two horses finish – you just have to choose which one will outdo the other in the race.

Let’s look at the top three matchups that can be found at BetOnline Sportsbook.

In the first matchup, you can bet the whole field against the favorite Epicenter.

Epicenter vs The Field Betting Odds
HorseOdds
The Field-131
Epicenter+100

In the second matchup, you can back one of the two horses below. These are the second and third favorites for the race.

Secret Oath vs Early Voting Betting Odds
HorseOdds
Secret Oath-115
Early Voting-115

In the third matchup, you can bet who will perform best among the long shots. Happy Jack is a strong favorite in this matchup and we think he’ll beat Fenwick.

Happy Jack vs Fenwick Betting Odds
HorseOdds
Happy Jack-170
Fenwick+133

Best Finishing Position Matchups

Best Horse Racing Betting Sites

In this matchup bet, you have a choice between three runners, making it much more difficult, but with Epicenter a strong favorite, this may be a market for the serious horseplayers among you.

We think Secret Oath (+155) could be the winner here as her stalking style should give her a tactical advantage against the speedsters.

Odds To Finish Best
HorseOdds
Early Voting+145
Secret Oath+155
Simplification+230

Winning Starting Gate Props

We only have nine runners going to the post and the favorite is drawn in gate No. 8. So the split on this prop is 1-7 vs 8&9.

Odds For Winning Starting Gate
GatesOdds
Gate 1-7-125
Gate 8-9-105

Preakness Stakes Prop Bets: Winning Margin 

This is a really popular bet for players who like to play in the props market. The racebooks will offer odds on OVER/UNDER the margin of victory for the winning horse.

This year’s race could be won easily by Epicenter, but if the favorite fails to bring his A game, then it could be a very tight finish.

Preakness Stakes winning Margin
OutcomeOdds
UNDER 1.5 Lengths-120
OVER 1.5 Lengths-110

To Finish In The First Three Places

This is a market where you are not placing a standard win, place or show wager. You just need to pick out a horse and they must finish in the first three.

Here are some of the odds available:

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Preakness Stakes Props: To Finish Top 3
HorseOdds
Epicenter-600
Early Voting+105
Secret Oath+105
Simplification+175
Creative Minister+275
Armagnac+350
Skippylongstocking+400
Happy Jack+700
Fenwick +1000

Preakness Props: To Finish Last

Now, this can be an interesting market and one where there might be some value. Of course, the betting says that the 50/1 long shot Fenwick should finish last but we don’t think that will happen.

Having watched all of the trials, there are a couple of horses that may be worth backing to finish last.

The first is Skippylongstocking. This colt likes to run up with the speed but against the likes of Epicenter and Early Voting, he could be cooked by the far turn, and +400 to finish last looks good value.

The other one that could finish last is one of the more fancied horses, Simplification. Yes, he ran fourth in the Kentucky Derby but he has shown some inconsistency and he is +1000 to finish last.

You can see all of the “to finish last” odds below.

Odds To Finish Last
HorseOdds
Fenwick+275
Happy Jack+330
Skippylongstocking+400
Armagnac+550
Creative Minister+700
Simplification+1000
Secret Oath+1600
Early Voting+1800
Epicenter+5000

So if you fancy a real upset, you can back Epicenter to finish last at +5000 (50/1).