2025 Preakness Stakes Odds Tracker
By Ian Jones
Updated:
- Track the current Preakness Stakes odds for the most talked-about horses competing at the 150th edition on May 17th, 2025
- We’ll know the names of the starting horses and their post positions on Monday, May 12th
- View which trainers and jockeys have had the most success at Pimlico Race Course
The 150th running of the Preakness Stakes is scheduled to take place at the historic Pimlico Race Course in Baltimore, MD, on Saturday, May 17th, 2025.
We’ll be tracking the Preakness Stakes odds for every fleet-footed thoroughbred as they become available.
2025 Preakness Stakes Odds
*Check back for Preakness Stakes odds once the official draw takes place.
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Preakness Stakes Odds Movement Timeline
- May 9 – We’re still waiting on the official draw for the Preakness, taking place next Monday, but the biggest news to date is that Kentucky Derby winner Sovereignty will not be entered in the Preakness. This means there will be no chance for a Triple Crown winner in 2025.
Preakness Stakes Top Contenders
*Check back for Preakness Stakes odds movement once the official draw takes place.
Preakness Stakes Post Position
*We’ll update the Preakness Stakes post positions once they become available!
The shortest distance to the finish line is post position 1 on the rail. It can be an advantage but also leave less space to maneuver.
For those betting on history, it’s worth knowing that historically, a horse in the 6 spot has won the most Preakness Stakes. Since 1909, 17 times has a horse won the Preakness from position 6. Horses drawn in the 4 and 7 spots have won a total of 14 times each.
Last year, Seize the Grey won from Post Position #6.
Preakness Stakes Bets You Can Make
- Win bet
- Place bet
- Show bet
- Exacta
- Trifecta
- Superfecta
Win, Place & Show Preakness Stakes Bets
The three main types of horse racing bets you can make for the Preakness Stakes will be win, place and show bets.
A win bet is pretty straightforward. If you bet on a horse to win they need to finish in first place.
If you bet on a horse to place, the payout will be smaller, but they can finish in the top two.
A bet on a horse to show means they can come in either first, second or third.
Exacta, Trifecta & Superfecta Preakness Stakes Bets
The parlays of horse betting are the exotic bets that often include exactas. trifectas and superfectas.
In an exacta, you’re picking two horses that need to both finish in the top two in exact order.
A trifecta is picking three horses to finish in the top three in a certain order. And finally, a superfecta is picking four horses to finish in the top four in the correct order.
You are also able to “box” any of these options where they can finish in top two, three or four in any order.
Preakness Stakes Online Betting
If you’re looking to bet on the Preakness Stakes online luckily you have several options as many different racebooks will offer odds for this Triple Crown event.
Your best bets would be TVG, TwinSpires, and DRF Bets.
Here you will find odds for all of the week’s biggest races leading up to the Preakness Stakes. These horse racing betting sites will often offer special promotions leading up to the race during the week for new customers.
You’ll be able to check the morning line earlier in the week for Preakness Stakes odds. However, because of pari-mutuel wagering, you won’t find fixed odds to bet on and they will change based on the amount bet into the overall pool.
Preakness Stakes Trends to Keep in Mind:
- 23 horses have won both the Kentucky Derby and Preakness Stakes.
- 13 horses have won the Kentucky Derby, Preakness Stakes, and Belmont Stakes.
- Since 2000, no horse had won the Preakness after finishing worse than sixth in the Kentucky Derby. That changed in 2019 when War of Will finished 7th in the Derby and won the Preakness. In 2021 Rombauer didn’t even run in the Derby.
- Since 2000, eight horses have won the Preakness after winning the Kentucky Derby, but only two have won the Triple Crown.
- Only one jockey has won back-to-back Preakness Stakes since 1997. That came in 2014 and 2015, when Victor Espinoza won with California Chrome and American Pharoah.
- A Bob Baffert-trained horse has only won three of the last ten Preakness Stakes.
- Trainer Chad Brown has also won two of the last ten Preakness Stakes: in 2017 with Cloud Computing and 2022 with Early Voting.
Recent Preakness Stakes Winners
Seize the Grey’s win last year was certainly not one of the fastest Preakness Stakes wins in recent years. In fact, his time of 1:56.82 was the slowest winning time since 2016.
Rombauer’s winning time of 1:53.62 in 2021 was the second-fastest winning time since Curlin’s win in 2007. Curling won with a time of 1:53.46. The fastest time during that stretch was 2020, when Swiss Skydiver won the Preakness Stakes with a time of 1:53.28.
Only one jockey in the past 11 years has managed to win the Preakness Stakes twice. That was Victor Espinoza who won with California Chrome in 2014 and American Pharoah in 2015.
Jaime A. Torres’ win last year riding Seize the Grey was his first Preakness win and first Triple Crown win. In 2024, he’d go on to rank 27th in Earnings and 94th in Wins.
As for the trainers, there’s only one who’ has been ‘s consistently been part of a winning team in recent years. Bob Baffert has won the Preakness Stakes eight times since 1997, with four of those wins coming since 2010.
Trainers with the Most Preakness Stakes Wins
Following National Treasure’s win in 2023, Bob Baffert now holds the record for Most Trainer Wins at the Preakness Stakes with eight.
After last year’s win with Seize the Grey, D. Wayne Lukas now shares the second place spot with Hall of Fame trainer R. Wyndham Walden, with seven all-time Preakness Stakes wins.
Baffert has been a mainstay in the Preakness Stakes conversation since his first win in 1997. That came with Silver Charm, who was the first horse to win the $1,000,000 purse. Previously, the prize was set at $750,000.
Baffert would win again the very next year with Real Quiet before back-to-back years in 2001 and 2002, with Point Given and War Emblem.
It took another eight year before Baffert’s fifth win 2010 with Lookin At Lucky. However, wins #6 and #7 came shortly after, in 2015 with American Pharoah and 2018 with Justify, where both horses would go on to complete the Triple Crown.
Jockeys with the Most Preakness Stakes Wins
Eddie Arcaro won more American classic races than any other jockey in history and finished atop the earnings leaderboard six times from 1940 to 1958. His record of six Preakness Stakes titles is unlikely to ever be matched anytime soon. Pat Day came the closest with five wins, his last coming in 1996 on Louis Quatorze.
Victor Espinoza has three wins, and won back-to-back in 2014 and 2015 riding California Chrome and American Pharoah. But there’s a been a different winning jockey in each of the past six Preakness Stakes, though some have won multiple times during their careers.
Espinoza and Day are the only jockeys to win in back-to-back years in the past 70 years. The next jockey to do so? That would be the aforementioned Arcaro, winning in both 1950 (Hill Prince) and 1951 (Bold).
Robby Albarado found himself in the winner’s circle in 2020 riding Swiss Skydiver. It was the first time he rode a winning horse in the Preakness Stakes since he rode Curlin in 2007.
Last year, Jaime Torres was a first-time Preakness winner with Seize the Grey.
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Archived Preakness Stakes odds:
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With a background in content marketing, literature, and design, Ian has been bringing a little bit of everything to SBD since 2021. In addition to having penned articles for Eighty-Six Forever, Ian can and will talk your ear off over almost any sport you can think of.
