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2021 Preakness Stakes Betting Odds & Results


May 16, 2021
by VI News

The 146th Preakness Stakes or what is often called "The Run for the Black-Eyed Susans" highlights the second leg of the 2021 Triple Crown, which is scheduled to take place on Saturday, May 15 with a post-time of 6:45 p.m. ET.

The race takes place at Pimlico Race Course from Baltimore, Maryland in the United States and features the top three-year-old horses in the world.

The 2021 installment ended in a surprise as Rombauer captured the second leg victory as an 11/1 betting choice.

VI horse racing expert Mike Dempsey provides all the details of the race in his Preakness Stakes Recap.

Kentucky Derby winner Medina Spirt finished third and will not go on to the Belmont with a Triple Crown on the line and a potential Derby disqualification hanging over the sport for the horse and trainer Bob Baffert.

Betting Results (Win-Place-Show)

6) Rombauer ($25.60, $10.00, $5.20)
5) Midnight Bourbon ($4.60, $3.00)
3) Medina Spirit ($2.80)

  • $2 Exacta (6–5) $98.60
  • $1 Trifecta (6–5–3) $162.70
  • $1 Superfecta (6–5–3–2) $1,025.50

Rombauer completed the 1 3/16-mile race in 1:52:62, paying $26.50 to Win, $10 to Place and $5.20 to Show. (AP)

2021 Preakness Stakes Finishing Position

146th Preakness Stakes Results
Post Position Horse Trainer Jockey Odds
6 Rombauer Mike McCarthy Flavien Prat 11/1
5 Midnight Bourbon Steve Asmussen Irad Ortiz Jr. 3/1
3 Medina Spirit Bob Baffert John Velazquez 5/2
2 Keepmeinmind Robertino Diodoro David Cohen 14/1
4 Crowded Trade Chad Brown Javier Castellano 8/1
8 Unbridled Honor Todd Pletcher Luis Saez 14/1
7 France Go de Ina Hideyuki Mori Joel Rosario 24/1
9 Risk Taking Chad Brown Jose Ortiz 14/1
10 Concert Tour Bob Baffert Mike Smith 7/2
1 Ram D. Wayne Lukas Ricardo Santana Jr. 16/1

Most Popular Preakness Stakes Handicapping Resources

2021 Preakness Stakes Odds

As of Friday afternoon, bettors are starting to show their hand for the 146th running of the Preakness Stakes.

Notbale moves from the money-line openers to Friday per TVG, include:


  • Midnight Bourbon 5/1 to 3/1
  • Ram 30/1 to 11/1
  • Keepmeinmind 15/1 to 6/1


  • Medina Spirit 9/5 to 5/2
  • Concert Tour 5/2 to 5/1

2021 Preakness Stakes Morning-Line Odds

The draw for the 146th running of the Preakness Stakes took place on Tuesday May 11 and an expected field of 10 runners will enter the gate on Saturday evening.

Kentucky Derby winner Medina Spirt has been installed as the 9/5 morning-line favorite (Bet $2.00 to win $5.60) by head oddsmaker Frank Carulli.

Preakness Stakes Contenders

  • Medina Spirit 9/5
  • Concert Tour 5/2
  • Midnight Bourbon 5/1
146th Preakness Stakes Morning-Line Odds
Post Position Horse Odds Trainer Jockey
1 Ram 30/1 D. Wayne Lukas Ricardo Santana Jr.
2 Keepmeinmind 15/1 Robertino Diodoro David Cohen
3 Medina Spirit 9/5 Bob Baffert John Velazquez
4 Crowded Trade 10/1 Chad Brown Javier Castellano
5 Midnight Bourbon 5/1 Steve Asmussen Irad Ortiz Jr.
6 Rombauer 12/1 Mike McCarthy Flavien Prat
7 France Go de Ina 20/1 Hideyuki Mori Joel Rosario
8 Unbridled Honor 15/1 Todd Pletcher Luis Saez
9 Risk Taking 15/1 Chad Brown Jose Ortiz
10 Concert Tour 5/2 Bob Baffert Mike Smith

Medina Spirit captured the Kentucky Derby and the colt will enter the Preakness Stakes as the top betting choice. (AP)

Preakness Stakes Predictions

Anthony Stabile aka "The Big A" is locked and loaded with his Betting Preview for the 146th running of the Preakness Stakes.

Stabile provides his thoughts on all 10 runners expected to go on Saturday, plus he offers up his Top 4 Picks "If Things Go Well" and "If All Hell Breaks Loose."

If Things Go Well...

  • 9 - Risk Taking
  • 4 - Crowded Trade
  • 3 - Medina Spirit
  • 6 - Rombauer

If All Hell Breaks Loose...

  • 10 - Concert Tour
  • 7 - France Go de Ina
  • 1 - Ram
  • 5 - Midnight Bourbon

Kentucky Derby Controversy

Medina Spirit’s win in the 2021 Kentucky Derby win is now in jeopardy following trainer Bob Baffert’s announcement on Sunday that test results revealed the horse had an excessive amount of the steroid betamethasone.

Baffert is appealing the positive test and part of the original sample will be re-tested. If the violation is upheld, Medina Spirit could be disqualified and runner-up Mandaloun elevated to winner.

Despite Baffert's claims of innocence on Fox News, Medina Spirit will run in the 2021 Preakness Stakes.

2021 Preakness Stakes Betting Analysis Horse Racing expert Anthony Stabile provided his "Stabile's Seven" rankings throughout the Kentucky Derby prep trail and his morning-line odds for the Kentucky Derby.

Stabile was all-in on Mandaloun to win the Derby and he barely missed the big ticket as the horse came in second. Place and Show wagers did pay $23 and $13.40 respectively.

Prior to the draw on Tuesday May 11, the Big A offered up his morning-line odds for expected runners in the 2021 Preakness Stakes and you can see he was very close to the numbers sent out by oddsmaker Frank Carulli.

2021 Preakness Stakes Contenders

  • Medina Spirit (7/5)
  • Concert Tour (2/1)
  • Crowded Trade (6/1)

2021 Preakness Stakes - Quick Thoughts

Medina Spirit

  • Big A Odds: 7/5
  • Trainer: Bob Baffert
  • Jockey: John Velazquez

Gutsy, gate to wire winner of the Kentucky Derby finally was able to control things on front end. That figures to change in the second jewel of the Triple Crown

Concert Tour

  • Big A Odds: 2/1
  • Trainer: Bob Baffert
  • Jockey: Mike Smith

Despite having the Derby winner, Baffert will send out the third-place finisher of the Arkansas Derby. He’s speedy and figures to be in front of his more accomplished stablemate, at least in the early going.

Crowded Trade

  • Big A Odds: 6/1
  • Trainer: Chad Brown
  • Jockey: Javier Castellano

Looked a winner on the far turn of the Wood Memorial before settling for third. May have some distance limitations but he is very reminiscent of 2017 Preakness winner Cloud Computing for the same connections.

Midnight Bourbon

  • Big A Odds: 10/1
  • Trainer: Steve Asmussen
  • Jockey: Irad Ortiz Jr.

Not sure what happened to his speed in the Derby. Made a bit of a run and is another who could work out a good trip from just off what should be a sharp and contested pace. Has all the makings of the Preakness “wiseguy” horse.


  • Big A Odds: 12/1
  • Trainer: Mike McCarthy
  • Jockey: Flavien Prat

Bypassed Derby to await this despite having enough points. Should appreciate all of the speed apparently signed on after finishing third in the Blue Grass at Keeneland when much closer to the front end in a paceless affair.

Risk Taking

  • Big A Odds: 15/1
  • Trainer: Chad Brown
  • Jockey: Jose Ortiz

The “other” Brown runner scratched out of the Peter Pan on 5/8 for this. Looked good at Aqueduct when breaking his maiden and winning Withers this winter before inexplicable performance in Wood Memorial.

Unbridled Honor

  • Big A Odds: 15/1
  • Trainer: Todd Pletcher
  • Jockey: Luis Saez

Finished second in the slop at Keeneland in the Lexington when he essentially followed winner up along the inside. Pletcher has only run nine horses in this leg as opposed to a record 59 in the Derby. This is his first starter in race since 2017 Derby winner Always Dreaming.

Keepmeinmind (20/1)

  • Big A Odds: 20/1
  • Trainer: Robertino Diodoro
  • Jockey: David Cohen

Had a bit of a trip then did some running late in the Derby. Promising juvenile has had a tough go of it as a sophomore thus far but could be coming into form and should get plenty of pace.

France Go de Ina (30/1)

  • Big A Odds: 30/1
  • Trainer: Hideyuki Mori
  • Jockey: TBD

Japanese-based runner finished sixth in the UAE Derby on Dubai World Cup undercard in his sophomore debut. Scheduled to run here and in Belmont and is eligible for a $1 million bonus should he win the Belmont Stakes.

Ram (50/1)

  • Big A Odds: 50/1
  • Trainer: D. Wayne Lukas
  • Jockey: TBD

Romped in the first race of the morning on Derby day in an entry level allowance going a one turn mile after a maiden score in a claimer at Oaklawn Park.

2021 Preakness Stakes - Big A Odds Forecast

2021 Preakness Stakes Odds - Big A
Horse Odds
Medina Spirit 7/5
Concert Tour 2/1
Crowded Trade 6/1
Midnight Bourbon 10/1
Rombauer 12/1
Risk Taking 15/1
Unbridled Honor 15/1
Keepmeinmind 20/1
France Go de Ina 30/1
Ram 50/1

Field and Odds Subject to Change

Who is the Big A? Horse Racing expert Anthony Stabile provides his "Stabile's Seven" rankings throughout the Kentucky Derby prep trail.

Anthony “the Big A” Stabile can be heard regularly on the Horse Racing Radio Network from 3-6:00 p.m. ET on Wednesday and 3-7:00 p.m. ET Thursday and Friday.

Tune in on Sirius 219, XM 201 or streaming live at He also is a contributor on NYRA-TV as the co-host of Talking Horses and a backup racetrack announcer. Follow him on Twitter @TheBigAStabile

In case you don't recall, Stabile boxed up four runners and drilled the 2019 Kentucky Derby for users.

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What is the Preakness Stakes?

The Preakness Stakes or what is often called "The Run for the Black-Eyed Susans" is the second-leg of horse racing’s “Triple Crown.”

The race takes place at Pimlico Race Course from Baltimore, Maryland in the United States and features the top three-year-old horses in the world.

Due to the global 'coronavirus' pandemic, the 2020 Preakness Stakes has been rescheduled for Saturday, Oct. 3 and it will now be the final leg of the 2020 Triple Crown. It has yet to be announced if fans will be allowed to attend Pimlico Race Course for the event.

Normally, the Preakness Stakes is the second leg of the Triple Crown and the event is always held on the third Saturday in May, preceded by the Kentucky Derby and followed by the Belmont Stakes.

The Preakness Stakes is also well-known as a social gathering for a younger audience with an 'infield party' in the middle of the race course. Due to the virus, officials have canceled InfieldFest 2020 while delaying the race.

Preakness Stakes Odds

Preakness Stakes Betting Information

Race Location

Pimlico Race Course Baltimore, Maryland, USA

Race Type


Race Information

  • Date: Saturday May 15, 2021
  • TV-Time: NBC, 6:45 p.m. ET
  • Distance: 1 3/16 (9.5 furlongs)
  • Track: Dirt, Left-handed
  • Qualification: 3-year-old
  • Weight: Colt/Gelding: 126 lb (57.2 kg)
  • Filly: 121 lb (54.9 kg)
  • Purse: US $1 Million

Race Field

The field is limited to 14 horses.

How do I bet on the Preakness Stakes?

Betting on horse races is one of the easiest things to do all across the United States. From the race tracks themselves to off-track betting facilities and online horse betting sites. The actual number of horse race betting sites numbers in the hundreds. However, we did our best to identify the biggest players in the industry. When reviewing these online horse betting sites, we employed a process that evaluated key criteria such as:

Preakness Stakes Betting History

Inaugurated 1873

War of Will claimed the Preakness Stakes in 2019 as a 6/1 betting choice, holding off Everfast and Owendale down the stretch. The colt won by 1 1/4 lengths and finished in 1:54:34. Check out all the past winners from Pimlico Race Course. Tyler Gaffalione was the winning jockey and Mark Casse was the trainer, both winning for the first time.

Preakness Stakes Winners (Last 10)

2020 - Swiss Skydriver
2019 - War of Will
2018 - Justify
2017 - Cloud Computing
2016 - Exaggerator
2015 - American Pharoah
2014 - California Chrome
2013 - Oxbow
2012 - I'll Have Another
2011 - Shackleford

Past Winners

How to Read the Preakness Stakes Odds

If you’re new to betting on horses, then your starting point for placing bets is understanding the odds for any race or the largest one of them all -- the Preakness Stakes Odds.

Every horse will have betting odds listed next to their number or name and the majority of tracks and sportsbooks list their odds in fractional form. Put simply, the odds are the return that you will receive on your stake or wager on the horse if it wins the race.

The Win wager is the most popular wager in all of horse racing and you’ll cash tickets on this bet if the horse you choose finishes in first place of the race.

Ex. Bet $10 on a horse at 2/1 to win $20
Ex. Bet $10 on a horse at 10/1 to win $100

Bettors wagering $10 on a horse at 2/1 would receive $30 if the horse won because you’ll win $20 on the bet and then receive your initial stake in return.

Where Can You Bet the Preakness Stakes Online in the US?

If you are interested in betting the 2020 Preakness Stakes, there is something that you should be aware of. Online horse racing betting is not legal in all states within the United States but our list below will show you the ones that have legalized it.

  • Alabama
  • Arkansas
  • California
  • Connecticut
  • Delaware
  • Florida
  • Illinois
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Montana
  • New Hampshire
  • New York
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Dakota
  • Tennessee
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Top Preakness Stakes Betting Bonuses

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