2025 Preakness Stakes betting guide and tips

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The Preakness Stakes forms part of America’s famous Triple Crown series and is second only to the Kentucky Derby in of attendance and fanfare.

Needless to say, the Preakness calls to fans of horse racing everywhere and brings in crowds in the hundreds of thousands. All visitors bask in the spirited atmosphere that fans can only experience at the racetrack, but fans who can’t attend can get in on the action as well.

The “Run for the Black-eyed Susans” is a must-bet for US horse racing enthusiasts. The 150th running of the Preakness Stakes takes place on Saturday, May 17, 2025, at Pimlico Race Course in Baltimore.

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2025 Preakness Stakes odds and betting favorites

Below are the morning line odds for the 2025 Preakness Stakes on Saturday, May, 17:

Post Horse Trainer Jockey Morning Line Odds
1 Goal Oriented Bob Baffert Flavien Prat 6-1
2 Journalism Michael W. McCarthy Umberto Rispoli 8-5
3 American Promise D. Wayne Lukas Nik Juarez 15-1
4 Heart of Honor Jamie Osborne Saffie Osborne 12-1
5 Pay Billy Michael Gorham Raul Mena 20-1
6 River Thames Todd Pletcher Irad Ortiz Jr. 9-2
7 Sandman Mark E. Casse John Velazquez 4-1
8 Clever Again Steve Asmussen Jose Ortiz 5-1
9 Gosger Brendan Walsh Luis Saez 20-1

In 2024, Seize the Grey won the Preakness in a time of 1:56:82. The 9-1 favorite outraced the field on a sloppy track to collect $1.2 million.

A year earlier, Kentucky Derby-winner Mage finished third in the Preakness, with National Treasure winning in a time of 1:55:12. This year’s winner of the Kentucky Derby, Sovereignty, will not run in the Preakness, so there will not be a Triple Crown winner in 2025.

Preakness Stakes special traditions

Many traditions surround the Preakness Stakes. One of them includes singing the state’s official state song, “Maryland, My Maryland.”

After the winner of the race is announced, the “painting of the colors” takes place. During this tradition, a painter adds the color of the winning team’s silk to the jock-and-horse weathervane on the peak of the Old Clubhouse.

Black-eyed Susans are Maryland’s state flower, leading to its “Run for the Black-eyed Susans” nickname. This is also a nod to the Kentucky Derby’s nickname of the “Run for the Roses.” The winning horse of the Preakness is draped with a blanket of Viking poms, a type of chrysanthemum, which only adds to the prestige of the event.

Prior to 1932, the Preakness Stakes ran before the Kentucky Derby. Since then, however, the Preakness takes place two weeks after the Derby, as the second race in the Triple Crown, with the third leg, the Belmont Stakes, running three weeks after the Preakness in Elmont, NY.

Should the same horse win the Belmont Stakes, the winner can claim the Triple Crown title.

How to bet on the Preakness Stakes

Betting on the Preakness Stakes can be a lucrative move for savvy horse racing punters. If you’re new to placing wagers on horse racing, though, don’t worry. It’s easy to set up an at most sites that offer wagering on horse races, including on the Preakness.

Most sites are -friendly and offer tips to help you place bets on the Preakness and other races. Not only that, you can compare betting sites to find the ones that work best for you. Playfecta likes FanDuel Racing because of its welcome bonus and easy-to-use interface.

Online Preakness betting

The rich history of US horse racing and the ancient roots of the sport have made it a beloved pastime. These days, horse racing is a cultural event and entertaining, too. Tracks exist in almost every state. Naturally, where there is a spirit of competition and horses running, you’ll find a way to bet on the outcome.

The only way to bet on the horses used to be at the track. Now, however, you can wager online using your laptoptablet, or smartphone.

There are a plethora of horse racing betting sites and apps available in states that allow wagering on horse races.

Betting at the teller

The most traditional method of betting on a horse race is at the racetrack itself. When you step up to the counter at Pimlico Race Course for the Preakness Stakes, you are following a tradition set way back in 1873.

If you’re new to the racetrack, this can be intimidating. How can you place your bet and sound like you know what you’re doing? How can you sound confident in your wager? Betting at horse races can be complicated, so here’s what you need to know.

When you step up to the teller, make sure you place your bet in the proper order for maximum efficiency. This concise method ensures that you streamline the process and don’t hold up the line behind you.

First, give the teller the racetrack and the race number, especially if you’re watching the race at your local track or off-track betting site instead of at Pimlico.

Then, give the amount of your bet, the type of bet that you’ll be wagering, and the number of the horse. Therefore, your bet could sound something like: “At Pimlico, Race 4, $2 to win on No. 5.”

Make sure you keep your ticket safe. You will need it to claim your prize if you’ve placed a winning bet.

Off-track betting

Do you want to bet on a horse race without going online but can’t make it to the track? Off-track betting (OTB) facilities are your best option.

At an OTB, you can place bets on horses to win, place or show in a secure location. Newcomers to horse racing betting would be shrewd to consider starting with low bets, though. That way, you can subsequently increase the amount spent as your comfort grows with experience race after race.

The Preakness Stakes is a high-energy, exciting race to bet on and has the power to turn dimes into big dollars. Nevertheless, off-track betting is not just an option for this race. It is also available for regular days at the racetrack.

It’s open season when the Preakness Stakes field is announced, so it’s great that you’ve got many ways to jump into the betting action. Online, teller, or off track, the choice is yours.

Is betting on the Preakness Stakes legal?

Bettors in the US may be familiar with most of the online gambling laws in the country and how they vary from state to state. However, a lot of people are not aware that betting on horse racing is 100% legal.

At the racetrack, anyone of legal age can place wagers on horse races due to the Interstate Horse Racing Act of 1978. Later, the Unlawful Internet Gambling Enforcement Act of 2006 solidified it.

When it comes to online betting, more than 40 states allow legal online horse race betting. As with betting at the track or at an OTB site, there are age restrictions. Some states allow betting at 18 years of age, while others require bettors to be 21 years old. So, check with your local and state laws before you try to place a bet.

Offshore betting sites are available, but we strongly warn against using those sites. They are unregulated and illegal, which puts s at a high risk when betting money.

Types of bets

The types of bets can be overwhelming for those new to horse race wagering. There are two types: straight and exotic.

  • Straight bets are your standard win, place, or show wagers. Meanwhile, exotic bets hinge on the horses placing in a specific order.
  • Exotic bets hinge on the horses placing in a specific order and are more risky, and so they offer a higher reward.
  • Win bet is a bet on the horse you think will win outright.
  • Place bet is a wager on the horse you think will finish in either first or second.
  • Show bet pays the least of all, but it’s the least risky. It is a wager on the horse you think will finish first, second, or third in the race.
  • Exacta bet predicts two horses in the correct order finishing first and second.
  • Trifecta bet predicts three horses in the correct order for first through third place.
  • Superfecta bet predicts four horses in the correct order for first through fourth place.
  • Super high-five bet predicts five horses in the right order for first through fifth place and pays the most.

How does the Preakness work

Pimlico Race Course in Baltimore is the second-oldest racetrack in the US. As such, it is one of the most essential places in US horse racing history. It’s earned the name “Old Hilltop” over its many years among trainers and race enthusiasts.

Pimlico Race Course hosts the Preakness Stakes at 9.5 furlongs or 1-3/16 miles. It is a 1-mile dirt oval, which can be marvelous on the typical Baltimore sunny day in May. However, as history has proven, rain on race day can slow the field significantly and result in a much sloppier race.

Some contend that Pimlico cannot host a fair race anymore. It has been statistically proven that the middle lanes offer an advantage to horses that run in the Preakness Stakes. In the past 52 years, there are only two horses that have won from a position on the rail. Meanwhile, most winners come from post four or higher.

As the Preakness approaches its 150th birthday, major renovations are underway at the Pimlico Race Course to upgrade the track and the facilities. In fact, the track has been closed since September 2024 and will be opened only for the 2025 Preakness Stakes. The 2026 Preakness will be held at Laurel Park in Maryland, with Pimlico expected to be available in 2027 for the 152nd running of the Preakness.

How to watch and stream the race online

The Preakness Stakes draws a lot of attention in the US horse racing world. In 2024, more than 5 million people tuned in to watch the Preakness Stakes on NBC Sports and its s.

Fans can stream the Preakness Stakes at NBCSports.com and on the NBC Sports app.

History of the Preakness Stakes

At the first Preakness Stakes in 1873, Survivor won by a considerable margin of 10 lengths. True to his name, Survivor held the record for the greatest margin of victory for 131 years. The mark was eventually beaten in 2004 by Smarty Jones, who finished by a margin of 11.5 lengths.

One of the most famous horses in American horse racing history, Secretariat, holds the fastest time on record for the Preakness Stakes. Considered the best racehorse in the history of racing, Secretariat demolished the course in 1973 with a time of 1:53:00. The legendary American thoroughbred also holds the track records at the Kentucky Derby and the Belmont Stakes.

The jockey who holds the most Preakness Stakes’ wins is Eddie Arcaro with six wins in the 1940s and 1950s.

Here is the list of all the winning horses of the Preakness Stakes:

Year Horse Jockey Time
2024 Seize the Grey Jaime A. Torres 1:56:82
2023 National Treasure J.R. Velazquez 1:55:12
2022 Early Voting Jose Ortiz 1:54.54
2021 Rombauer Flavien Prat 1:53.62
2020 Swiss Skydiver Robby Albarado 1:53.28
2019 War of Will Tyler Gaffalione 1:54.34
2018 Justify Mike Smith 1:55.93
2017 Cloud Computing Javier Castellano 1:55.98
2016 Exaggerator Kent Desormeaux 1:58.31
2015 American Pharoah Victor Espinoza 1:58.46
2014 California Chrome Victor Espinoza 1:54.84
2013 Oxbow Gary Stevens 1:57.54
2012 I'll Have Another Mario Gutierrez 1:55.94
2011 Shackleford Jesus Castanon 1:56.47
2010 Lookin At Lucky Martin Garcia 1:55.47
2009 Rachel Alexandra Calvin Borel 1:55.08
2008 Big Brown Kent Desormeaux 1:54.86
2007 Curlin Robby Albarado 1:53.46
2006 Bernardini Javier Castellano 1:54.65
2005 Afleet Alex Jeremy Rose 1:55.04
2004 Smarty Jones Stewart Elliott 1:55.59
2003 Funny Cide Jose Santos 1:55.61
2002 War Emblem Victor Espinoza 1:56.40
2001 Point Given Gary Stevens 1:55.40
2000 Red Bullet Jerry Bailey 1:56.00
1999 Charismatic Chris Antley 1:55.20
1998 Real Quiet Kent Desormeaux 1:54.60
1997 Silver Charm Gary Stevens 1:54.80
1996 Louis Quatorze Pat Day 1:53.40
1995 Timber Country Pat Day 1:54.40
1994 Tabasco Cat Pat Day 1:56.40
1993 Prairie Bayou Mike Smith 1:56.60
1992 Pine Bluff Chris McCarron 1:55.60
1991 Hansel Jerry Bailey 1:54.00
1990 Summer Squall Pat Day 1:53.60
1989 Sunday Silence Pat Valenzuela 1:53.80
1988 Risen Star Ed Delahoussaye 1:56.20
1987 Alysheba Chris McCarron 1:55.80
1986 Snow Chief Alex Solis 1:54.80
1985 Tank's Prospect Pat Day 1:53.40
1984 Gate Dancer Angel Cordero 1:53.60
1983 Deputed Testamony Donnie Miller Jr. 1:55.40
1982 Aloma's Ruler Jack Kaenel 1:55.40
1981 Pleasant Colony Jorge Velasquez 1:54.60
1980 Codex Angel Cordero 1:54.20
1979 Spectacular Bid Ronnie Franklin 1:54.20
1978 Affirmed  Steve Cauthen 1:54.40
1977 Seattle Slew  Jean Cruguet 1:54.40
1976 Elocutionist John Lively 1:55.00
1975 Master Derby Darrel McHargue 1:56.40
1974 Little Current Miguel A. Rivera 1:54.60
1973 Secretariat  Ron Turcotte 1:53.00
1972 Bee Bee Bee Eldon Nelson 1:55.60
1971 Canonero II Gustavo Avila 1:54.00
1970 Personality Eddie Belmonte 1:56.20
1969 Majestic Prince Bill Hartack 1:55.60
1968 Forward Ismael Valenzuela 1:56.80
1967 Damascus Bill Shoemaker 1:55.20
1966 Kauai King Don Brumfield 1:55.40
1965 Tom Rolfe Ron Turcotte 1:56.20
1964 Northern Dancer Bill Hartack 1:56.80
1963 Candy Spots Bill Shoemaker 1:56.20
1962 Greek Money John L. Rotz 1:56.20
1961 Carry Back Johnny Sellers 1:57.60
1960 Bally Ache Bobby Ussery 1:57.60
1959 Royal Orbit William Harmatz 1:57.00
1958 Tim Tam Ismael Valenzuela 1:57.20
1957 Bold Ruler Eddie Arcaro 1:56.20
1956 Fabius Bill Hartack 1:58.40
1955 Nashua Eddie Arcaro 1:54.60
1954 Hasty Road John H. Adams 1:57.40
1953 Native Dancer Eric Guerin 1:57.80
1952 Blue Man Conn McCreary 1:57.40
1951 Bold Eddie Arcaro 1:56.40
1950 Hill Prince Eddie Arcaro 1:59.20
1949 Capot Ted Atkinson 1:56.00
1948 Citation  Eddie Arcaro 2:02.40
1947 Faultless Douglas Dodson 1:59.00
1946 Assault  Warren Mehrtens 2:01.40
1945 Polynesian Wayne D. Wright 1:58.80
1944 Pensive Conn McCreary 1:59.20
1943 Count Fleet  Johnny Longden 1:57.40
1942 Alsab Basil James 1:57.00
1941 Whirlaway  Eddie Arcaro 1:58.80
1940 Bimelech Fred A. Smith 1:58.60
1939 Challedon George Seabo 1:59.80
1938 Dauber Maurice Peters 1:59.80
1937 War iral  Charley Kurtsinger 1:58.40
1936 Bold Venture George Woolf 1:59.00
1935 Omaha  Willie Saunders 1:58.40
1934 High Quest Robert Jones 1:58.20
1933 Head Play Charley Kurtsinger 2:02.00
1932 Burgoo King Eugene James 1:59.80
1931 Mate George Ellis 1:59.00
1930 Gallant Fox  Earl Sande 2:00.60
1929 Dr. Freeland Louis Schaefer 2:01.60
1928 Victorian Raymond Workman 2:00.20
1927 Bostonian Whitey Abel 2:01.60
1926 Display John Maiben 1:59.80
1925 Coventry Clarence Kummer 1:59.00
1924 Nellie Morse  John Merimee 1:57.20
1923 Vigil Benny Marinelli 1:53.60
1922 Pillory Louis Morris 1:51.60
1921 Broomspun Frank Coltiletti 1:54.20
1920 Man o' War Clarence Kummer 1:51.60
1919 Sir Barton  Johnny Loftus 1:53.00
1918 War Cloud Johnny Loftus 1:53.60
1918 Jack Hare, Jr. Charles Peak 1:53.40
1917 Kalitan Everett Haynes 1:54.40
1916 Damrosch Linus McAtee 1:54.80
1915 Rhine Maiden  Douglas Hoffman 1:58.00
1914 Holiday Andy Schuttinger 1:53.80
1913 Buskin James Butwell 1:53.40
1912 Colonel Holloway Clarence Turner 1:56.60
1911 Watervale Eddie Dugan 1:51.00
1910 Layminster Roy Estep 1:40.60
1909 Effendi Willie Doyle 1:39.80
1908 Royal Tourist Eddie Dugan 1:46.40
1907 Don Enrique George Mountain 1:45.40
1906 Whimsical  Walter Miller 1:45.00
1905 Cairngorm Willie Davis 1:45.80
1904 Bryn Mawr Gene Hildebrand 1:44.20
1903 Flocarline  William Gannon 1:44.80
1902 Old England Lee Jackson 1:45.80
1901 The Parader Frank Landry 1:47.20
1900 Hindus Henry Spencer 1:48.40
1899 Half Time Richard Clawson 1:47.00
1898 Sly Fox Willie Simms 1:49.75
1897 Paul Kauvar T. Thorpe 1:51.25
1896 Margrave Henry Griffin 1:51.00
1895 Belmar Fred Taral 1:50.50
1894 Assignee Fred Taral 1:49.25
1890 Montague Willie Martin 2:36.75
1889 Buddhist George Anderson 2:17.50
1888 Refund Fred Littlefield 2:49.00
1887 Dunboyne William Donohue 2:39.50
1886 The Bard S. Fisher 2:45.00
1885 Tecumseh Jim McLaughlin 2:49.00
1884 Knight of Ellerslie S. Fisher 2:39.50
1883 Jacobus George Barbee 2:42.50
1882 Vanguard Tom Costello 2:44.50
1881 Saunterer Tom Costello 2:40.50
1880 Grenada Lloyd Hughes 2:40.50
1879 Harold Lloyd Hughes 2:40.50
1878 Duke of Magenta Cyrus Holloway 2:41.75
1877 Cloverbrook Cyrus Holloway 2:45.50
1876 Shirley George Barbee 2:44.75
1875 Tom Ochiltree Lloyd Hughes 2:43.50
1874 Culpepper William Donohue 2:56.50
1873 Survivor George Barbee 2:43.00

The Kentucky Derby is known for being the longest-running sports event in the US. However, it is only on a technicality, as the Preakness Stakes actually began two years before the Derby’s debut in 1875. The Preakness took a three-year hiatus from 1891 to 1893 after the Maryland Jockey Club suffered financial difficulties.

Race named after first track winner

The Preakness Stakes is named after Pimlico Race Course’s first winner, a colt named Preakness, which won the 1870 Dinner Party Stakes.

The name itself, though, actually dates back to the 1700s. It stems from a region in New Jersey by a tribe of Native Americans, Pra-qua-les (or “quail woods”).

Milton Sandford, a thoroughbred owner, gave the name to his farms, one of which was located in that same area of New Jersey. Later, the name would be given to a colt of his, which would then go on to win that 1870 race. He was subsequently immortalized in the name of the prestigious Preakness Stakes, courtesy of the Maryland Jockey Club.

Introduction of the Triple Crown

Initially, the Preakness Stakes was run at a distance of 1.5 miles.

In 1925, the current distance of 1-3/16 miles was set after a period of experimentation by organizers. Also, the date of the Preakness fluctuated for a few years, bouncing from before the Kentucky Derby to — at least on two memorable occasions — actually occurring on the same day as the Derby, in 1917 and 1922.

The order of the Triple Crown series was officially established in 1932.

Now, the Preakness Stakes is always run on the third Saturday in May, which is two weeks after the Kentucky Derby and three weeks before the Belmont Stakes.

Preakness Stakes FAQ

The Preakness Stakes usually takes place on the third Saturday of May every year. This occurs two weeks after the Kentucky Derby and three weeks before the Belmont Stakes.

The Pimlico track allows only a maximum of 14 horses. If there are more wanting to ride at the Preakness Stakes, organizers make use of a process of three tiers to determine which horses are eligible to race.

The first seven spots of the Preakness are awarded to horses with the highest amount of earnings in graded-stakes races, which includes the Kentucky Derby. The next four spots are given to lifetime earners in nonrestricted races. The last three spots go to the next highest earners but don’t take into the class of the races.

The Kentucky Derby offers the most prize money in US horse racing, but the Preakness is no slouch. Seize the Grey collected $1.2 million in 2024.

The Preakness Stakes is a flat thoroughbred race. It’s a Grade One stake race and takes place over a 1-3/16th mile distance. Geldings and colts both carry 126 pounds in the race, while fillies carry 121 pounds.

The race itself lasts approximately two minutes. However, entertainment and activities are happening on Friday before the race and hours after on Saturday.