We’re still quite a longs way from the third Saturday in May, but that doesn’t mean that it’s too early to start looking at the Preakness Stakes. The ‘Run for the Black-Eyed Susans’ has the second highest attendance for a horse race in the US (second only to the Kentucky Derby), and naturally it is one of the most popular events for punters who bet on horse races.

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The Preakness Stakes is a Grade I race run over 9.5 furlongs (1,900 m) of dirt marking the second leg of the Triple Crown held annually during the third Saturday in May. This year’s rendition will mark the 142^nd Preakness Stakes and will offer another perfect opportunity for online horse betting fans to get in on this year’s racing action. Additionally, punters should know, that in the last 141 renditions of the Preakness Stakes, the favorite has walked away victorious 72 times – more than half. On top of that, only three winners in the last 27 years had not previously competed at the Kentucky Derby two weeks before. Armed with this knowledge, racebook players can make betting on the Preakness Stakes as successful as possible. But enough with the fun facts, let’s take a look at some early racebook odds for the Preakness Stakes.

142^nd Preakness Stakes – Saturday, May 20^th

When: Coverage begins at 5 pm ET

Where: Pimlico Race Course, Baltimore, Maryland

TV: NBC

Purse: $ 1.5 million

Distance: 1 ³/₁₆ miles

Post Time: 7:35 pm ET

Record: 1:53 Secretariat (1973)

Early Online Horse Betting Preview

Always Dreaming 1-1

Always Dreaming opens as the racebook favorite to take home the glory at the Preakness Stakes. This is to be expected, since Always Dreaming is coming off a win at the Kentucky Derby. However, Preakness Stakes will force the steed to make much tighter turns at the Pimlico than Always Dreaming had to contend with at Churchill Downs. Nevertheless, there’s still plenty of time for Always Dreaming to get accustomed.

Irish War Cry 11-2

Irish War Cry is a good option for punters looking to bet on an underdog, especially since Irish War Cry was the fiercest competition Always Dreaming faced at the Kentucky Derby.

Classic Empire 13-2

Classic Empire opened as the odds on favorite at the Kentucky Derby. But a heavy collision early in the race would put the horse in a detrimental position that was too much to overcome. However, Classic Empire still performed greatly and was able to finish fourth overall. Had the steed avoided the collision, who knows what could’ve happened.

Lookin at Lee 11-1

Battle of Midway 11-1

Cloud Computing 14-1

Conquest Mo Money 16-1

Gunnevera 16-1

Malagacy 16-1

Practical Joke 18-1