Preakness Stakes Betting – Horses, Odds, and Predictions 2023

May is officially a third of the way through, meaning one of the biggest events in horse racing is back for another running. The 147th Preakness Stakes is set to take place on Saturday, May 21st at Pimlico Race Course in Baltimore, Maryland. Live coverage of the Triple Crown’s second leg is set to begin at 4:30pm ET on both NBC and the NBC Sports App. The main race is scheduled to begin at approximately 6:45pm ET, and there’s never been more options available for those that want to bet on the Preakness.

Follow along with the rest of this page for everything there is to know about this year’s “Run for the Black-Eyed Susans”, including how and where you can place a wager, the best promotional offers, odds and predictions, and much more!

Preakness Stakes betting sites

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Preakness Stakes contenders

Among the incredibly small field of just nine horses competing in this year’s Preakness Stakes, four horses clock in with odds shorter than 10-1, according to TVG and DRF:

Epicenter (6-5)

Fresh off a second place finish at the 2022 Kentucky Derby, Epicenter opens as the odds-on favorite to win the second jewel of the 2022 Triple Crown. Joined by Simplification and Happy Jack, Epicenter is one of just three horses in this year’s field to compete in both the Preakness Stakes and the Kentucky Derby. With Derby champion Rich Strike officially out of the Preakness, Saturday’s race is Epicenter’s for the taking.

Early Voting (7-2)

Coming in right behind Epicenter at 7-2 is none other than Early Voting, a three-year-old colt led by trainer Chad Brown. Brown also trained 2022 Kentucky Derby favorite Zandon, who ended up finishing in third place behind Rich Strike and Epicenter. Jockey Jose Ortiz will be riding Early Voting on Saturday, making the switch over from Simplification, another Preakness participant that Ortiz guided to a fourth place finish in this year’s Derby. Coming off a second place finish at the 2022 Wood Memorial in his last race on April 9th, many expect Early Voting to avenge that result and get back in the win column this weekend.

Secret Oath (9-2)

Although she wasn’t featured in the 2022 Kentucky Derby, Secret Oath was a major topic of discussion at Churchill Downs just a few weeks ago, as the chestnut-colored filly took first place in the 2022 Kentucky Oaks on May 6th. Once again led by 86-year-old Hall of Fame trainer D. Wayne Lukas and jockey Luis Saez, Secret Oath will attempt to keep her momentum going and take home another first place finish on Saturday.

Simplification (6-1)

As mentioned above, Simplification is one of just three horses from the 2022 Kentucky Derby also set to compete in the Preakness Stakes. The colt secured a fourth place finish at this year’s Derby, which marked his first career start outside of Gulfstream Park. After riding Simplification in each of the horse’s last three races, jockey Jose Ortiz will now lead Early Voting in Saturday’s race, leaving Simplification vacant for veteran John Velazquez. The 50-year-old jockey is as experienced as they come and enters the race with three first place finishes at the Kentucky Derby under his belt. Guided by Velazquez and longtime trainer Antonio Sano, Simplification will look to build upon a decent showing at the Kentucky Derby and finish towards the top on Saturday.

Preakness Stakes odds

Updated odds for the 2022 Preakness Stakes were released by various racebooks following the post position draw on Monday, May 16th. We compiled odds from three of the industry’s best horse betting platforms and listed them all, right here:

TwinSpires Preakness Stakes odds

(Post Position) HorseTrainer/JockeyTwinSpires 2022 Preakness Stakes OddsMoneyline Odds
(8) EpicenterAsmussen/Rosario3-1+300
(5) Early VotingC. Brown/J. Ortiz5-1+500
(1) SimplificationSano/J. Velazquez10-1+1000
(4) Secret OathLukas/Saez10-1+1000
(7) ArmagnacYakteen/I. Ortiz Jr.12-1+1200
(2) Creative MinisterMcPeek/Hernandez Jr.15-1+1500
(9) SkippylongstockingJoseph Jr./Alvarado25-1+2500
(6) Happy JackO’Neill/Gaffalione30-1+3000
(3) FenwickMcKathan/Geroux66-1+6600

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TVG Preakness Stakes odds

(Post Position) HorseTrainer/JockeyTVG 2022 Preakness Stakes OddsMoneyline Odds
(8) EpicenterAsmussen/Rosario6-5+120
(5) Early VotingC. Brown/J. Ortiz7-2+350
(4) Secret OathLukas/Saez9-2+450
(1) SimplificationSano/J. Velazquez6-1+600
(2) Creative MinisterMcPeek/Hernandez Jr.10-1+1000
(7) ArmagnacYakteen/I. Ortiz Jr.12-1+1200
(9) SkippylongstockingJoseph Jr./Alvarado20-1+2000
(6) Happy JackO’Neill/Gaffalione30-1+3000
(3) FenwickMcKathan/Geroux50-1+5000

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DRF Preakness Stakes odds

(Post Position) HorseTrainer/JockeyDRF 2022 Preakness Stakes OddsMoneyline Odds
(8) EpicenterAsmussen/Rosario6-5+120
(5) Early VotingC. Brown/J. Ortiz7-2+350
(4) Secret OathLukas/Saez9-2+450
(1) SimplificationSano/J. Velazquez6-1+600
(2) Creative MinisterMcPeek/Hernandez Jr.10-1+1000
(7) ArmagnacYakteen/I. Ortiz Jr.12-1+1200
(9) SkippylongstockingJoseph Jr./Alvarado20-1+2000
(6) Happy JackO’Neill/Gaffalione30-1+3000
(3) FenwickMcKathan/Geroux50-1+5000

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Preakness Stakes predictions

While this year’s field of nine horses is set to be the race’s smallest since 2018, it is absolutely packed with some of the industry’s best trainers, jockeys, and of course, horses. And as we just learned from Rich Strike’s shocking victory at the Kentucky Derby, every competitor has a fair chance to win – regardless of their odds. Here’s a few of our predictions for the 2022 Preakness Stakes.

Epicenter’s revenge

Despite entering the 2022 Kentucky Derby as the biggest favorite to win the race behind Zandon, Epicenter ultimately fell short as Rich Strike pulled off a comeback for the ages. Fortunately for Epicenter, neither Rich Strike nor Zandon, who was neck-and-neck with Epicenter for first place before Rich Strike surpassed the entire pack, will be competing in Saturday’s race. This plays out extremely well for Epicenter, and it’s reflected in his current odds to win at just 6-5, over at TVG and DRF. Trained by two-time Preakness Stakes winner Steve Asmussen and guided by veteran jockey Joel Rosario, Saturday’s race appears to be Epicenter’s to lose. It might be a chalky pick, but it sure feels like a safe bet.

Prediction: Epicenter (6-5)

Secret Oath no secret

It should come as no surprise that Secret Oath is among the top contenders for Saturday’s race, as the filly enters the Preakness Stakes fresh off of a first place finish at the Kentucky Oaks on May 6th. Prior to that result, Secret Oath had won three of her previous four races, falling just short in the Arkansas Derby on April 2nd to Kentucky Derby participants Cyberknife and Barber Road. Led by U.S. Racing Hall of Famer and six-time Preakness winner D. Wayne Lukas, Secret Oath will have a massive opportunity to prove that she belongs with the best of the best on Saturday. She’ll have Luis Saez in the irons for this one, an experienced jockey who won the 2021 Belmont Stakes, 2021 Travers Stakes at Saratoga, and even finished first in the 2019 Kentucky Derby before Maximum Security was DQ’d for interference. Riding arguably the hottest horse in the race at 9-2 definitely seems like a decent proposition, to say the least.

Prediction: Secret Oath (9-2)

Happy Jack a worthy long shot

Following an extremely underwhelming 14th place finish at the 2022 Kentucky Derby, Happy Jack presents bettors with the ultimate “buy low” opportunity ahead of Saturday’s race. Prior to his Kentucky Derby letdown, Happy Jack finished in third place at the Santa Anita Derby on April 9th, crossing the finish line right behind fellow Derby participants Taiba and Messier. Before that result, Happy Jack clocked in another third place finish at San Felipe, further proving his consistency. And while the colt’s Derby finish might be a sign that he isn’t in the best shape at the moment, it also could have been a total fluke.

Regardless of what it was, Happy Jack is currently available at 30-1, making the horse the biggest underdog to win the race other than Fenwick, a late addition listed at 50-1. In a field of just nine horses, only two of which participated in the 2022 Kentucky Derby, these odds are absolutely worth taking a stab on. Ridden by Tyler Gaffalione, winner of the 2019 Preakness Stakes, and trained by two-time Preakness winner Doug O’Neill, why not take a shot on Happy Jack to become the next Rich Strike?!

Prediction: Happy Jack (30-1)

Preakness Stakes Horses

Here is the entire field of nine horses set to participate in the 2022 Preakness Stakes, in order of post with the horse’s jockey/trainer listed after. If the current group holds, it’ll mark the smallest field since 2018, when just eight horses ran.

  1. Simplification (Sano/J. Velazquez)
  2. Creative Minister (McPeek/Hernandez Jr.)
  3. Fenwick (McKathan/Geroux)
  4. Secret Oath (Lukas/Saez)
  5. Early Voting (C. Brown/J. Ortiz)
  6. Happy Jack (O’Neill/Gaffalione)
  7. Armagnac (Yakteen/I. Ortiz Jr.)
  8. Epicenter (Asmussen/Rosario)
  9. Skippylongstocking (Joseph Jr./Alvarado)

Preakness Stakes Horse Betting Operators

Placing some action on any of the 2022 Preakness Stakes participants listed above should be a breeze for most players, as online horse betting is live and legal in more than forty different states across the country.

Altogether, there are six major online platforms typically used by horse bettors throughout the United States. Where you reside will ultimately dictate which operators are available, however the majority of states should have access to either TVG or TwinSpires with some other variant of DRF Bets, AmWager, and/or NYRA Bets too. Players based in New Jersey will be restricted to using 4NJBets, which is a mirror image of TVG’s offering in other states specifically created for bettors in the Garden State.

Preakness Stakes best offers explained

Each of the horse betting platforms listed above, aside from NYRA Bets, are currently offering all new, first-time users an incredible welcome bonus when they sign up for a brand new account. Details regarding each offer will vary, so we went ahead and covered everything you’ll need to know about each promotion.

Horse Racing AppsSign Up Offer
“” 4.7 Stars / 20.4k Ratings
“” Not in play store
Up to $200 Back If First Bet Loses
“” 4.6 Stars / 2.9k Ratings
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Up to $200 Back If First Bet Loses
DRF Bets
“” 4.6 Stars / 3.2k Ratings
“” 4.2 Stars / 309 Ratings
$200 Deposit Match
“” 4.8 Stars / 60.8k Ratings
“” 4.4 Stars / 206 Ratings
$400 Sign Up Bonus
“” 4.1 Stars / 195 Ratings
“” Not in play store
100% First Deposit Match up to $300

TVG and 4NJBets

Both TVG and 4NJBets, the brand’s New Jersey-specific horse betting app, are offering all new users a risk-free first wager worth up to $200! After registering for an account, just make a deposit and make your initial bet within 15 days of account creation to be deemed eligible.

If your first single-horse wager in the Preakness Stakes goes south, TVG will cover 100% of your initial stake, up to $200! The reimbursement will appear in your account in the form of a Promotion Bonus within five (5) days of bet settlement and must be wagered before it can be withdrawn. If unused after thirty (30) days, any Promotion Bonus funds will expire.


One of the nation’s leading horse betting providers is back with another incredible welcome bonus. TwinSpires’ current offering is a bit different than other sites, but it sure is lucrative. Essentially a bet-and-get style promotion, TwinSpires is offering all new users an opportunity to earn up to $200 in bonus cash, completely on the house!

In order to take advantage, new users must wager a minimum of $800 bucks with TwinSpires during the first 30 days of registering an account. For each $400 bet with TwinSpires during this period, eligible users will unlock bonus cash in increments of $100. Once the promotional period ends or the user successfully clears the $800 wagering requirement, all bonus cash earned will be distributed to eligible accounts within ten (10) business days. Once issued, all bonus cash is set to expire if unused after thirty (30) days. Always keep those dates in mind and use it before it’s too late!


While AmWager might not be as popular on a national scale in comparison to some of the other horse betting brands, it can certainly hang with the best of them when it comes to its promotional offerings. At the moment, all new users who sign up for a brand new account with AmWager will instantly receive a 100% match worth up to $150 on their first deposit with the website.

In order to qualify, just make an initial deposit of $150 or more. From there, place at least $150 in horse wagers within the first thirty (30) days of registration. Once complete, a 100% match of your initial deposit will be credited to your account within seven (7) business days. All bonus funds must be wagered before they can be withdrawn and will expire if unused thirty (30) days after issuance.


The Daily Racing Form’s mobile betting arm might have the strongest welcome bonus of them all, so we saved the best for last! Any and all new users who register with DRF will have an opportunity to start betting with a bankroll of $51 by depositing just $250! Simply signing up for an account will nab $250 in promotional funds waiting in the wings.

The second part of this packed promotion involves a 100% deposit match worth up to $250! In order to qualify, just make a deposit within fourteen (14) days of account creation or the offer will expire. If done correctly, DRF will instantly match your initial deposit, giving all new users double the bankroll to get started with. In order to clear the promotional funds, players will need to wager the entire bonus and deposit amount at least once.

But wait – there’s more! As an added incentive, all new players who choose to pursue this offer will also begin with 10 Free Formulator PPs, courtesy of DRF. It’s an incredible welcome package and we recommend every horse bettor takes advantage.

How to place bets on the Preakness Stakes

Placing a wager on the 2022 Preakness Stakes should be easier than ever before, with online horse betting now live and legal in more than 40 different states across the nation. Where you live will ultimately determine your betting options, so we went ahead and broke down which platforms are accepting action in each state:

  • Alabama: AmWager, DRF, NYRA Bets, TwinSpires
  • Arizona: DRF, TVG, TwinSpires
  • Arkansas: DRF, NYRA Bets, TVG, TwinSpires
  • California: DRF, NYRA Bets, TVG, TwinSpires
  • Colorado: DRF, NYRA Bets, TVG, TwinSpires
  • Connecticut: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Delaware:AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Florida:AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Idaho: AmWager, DRF, TVG, TwinSpires
  • Illinois: DRF, NYRA Bets, TVG, TwinSpires
  • Indiana: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Iowa: DRF, TVG, TwinSpires
  • Kansas: AmWager, DRF, TwinSpires
  • Kentucky: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Louisiana: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Maine: Bettors in Maine are restricted to wagering with
  • Maryland: DRF, NYRA, TVG, TwinSpires,
  • Massachusetts:AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Michigan: DRF, NYRA, TVG, TwinSpires
  • Minnesota: DRF, NYRA, TVG, TwinSpires
  • Montana:AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Nebraska: AmWager, DRF, TwinSpires
  • Nevada: Bettors in Nevada are limited to using online horse betting apps and websites provided by local casinos
  • New Hampshire: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • New Jersey: NJ horse bettors are limited to using 4NJBets. It’s the only game in town
  • New Mexico: AmWager, DRF, TVG, TwinSpires
  • New York: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • North Dakota:AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Ohio: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Oklahoma: AmWager, DRF, TwinSpires
  • Oregon:AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Pennsylvania: DRF, NYRA, TVG, TwinSpires
  • Rhode Island: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • South Dakota: AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Tennessee: AmWager, DRF, NYRA, TwinSpires
  • Vermont:AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Virginia: DRF, NYRA, TVG, TwinSpires
  • Washington: DRF, NYRA, TVG, TwinSpires
  • West Virginia:AmWager, DRF, NYRA Bets, TVG, TwinSpires
  • Wisconsin: AmWager, DRF, NYRA, TwinSpires
  • Wyoming: AmWager, DRF, TVG, TwinSpires

Unfortunately for bettors residing in Mississippi and Texas, online horse betting is still illegal in both states. Players can, however, place wagers on the Preakness Stakes at any of their state’s in-person facilities.

Residents of Missouri are permitted to wager on horse racing in-person, however it must take place at a racetrack, which the state has none.

Residents of AlaskaGeorgiaHawaiiNorth CarolinaSouth Carolina, and Utah will be unable to legally wager on the Preakness Stakes, regardless of whether it takes place in-person or online. Betting on horse racing of any kind remains fully illegal in each of those states.

Different types of Preakness Stakes betting

Once you’ve figured out which platform you’d like to wager on and made sure it’s available in your state, it’s time to place some bets! Like any and all other horse races, there are countless different ways to wager on the Preakness Stakes. And while most horse betting terminology may sound like somewhat of a foreign language to less-experienced players, it’s really not too difficult to understand when looking at everything laid out in front of you:

  • Win: Bet on a single horse to win the race. They must finish in first.
  • Place: Wagering on a horse to place lets the bettor cash their ticket as long as their chosen horse finishes in first or second.
  • Show: The payout will be a little lower, but betting on a horse to show will pay as long as your horse finishes firstsecond, or third.
  • Exacta: Pick the first and second place runners correctly. You have to get them in the exact order, otherwise it doesn’t count.
  • Quinella: Select the first and second place finishers, but the order doesn’t count. The Quinella is a little more liberal than the Exacta.
  • Trifecta: Pick the firstsecond, and third horses correctly, and you have to nail each one.
  • Superfecta: Select the first, second, third, plus the fourth place horses in perfect order.
  • Super Hi-Five: Pick each of the firstsecondthird, fourth, and even the fifth finishers accurately, in order.

Preakness Stakes bettors will also have the chance to pair up their best Preakness Stakes picks with selections from any of the other nine races occurring on Saturday:

  • Double: Pick the winner in back-to-back runs
  • Pick 3: Pick the winner in three straight races
  • Pick 4: Pick the winner in four straight races
  • Pick 5: Pick the victor in five consecutive races
  • Pick 6: Pick the first place runner in six consecutive races

Preakness Stakes 2021 results

The 146th Preakness Stakes took place on May 15, 2021 and was exciting as ever, with 12-1 underdog Rombauer taking first place. The event was unfortunately restricted to just 10,000 fans due to COVID-19 policies in effect from the year before but still managed to deliver the same incredible product regardless.

Despite testing positive for betamethasone and getting stripped of his 2021 Kentucky Derby title, Bob Baffert’s Medina Spirit managed to pass enough tests to get accepted into the 2021 Preakness Stakes. Brad Cox’s Mandaloun, the 2021 Kentucky Derby runner-up who was eventually named the race’s winner, decided to pass up on the Preakness along with fellow Derby participant and eventual 2021 Belmont Stakes winner Essential Equality. These decisions opened up the door for Medina Spirit to reclaim his crown, or so we thought.

On the morning of the race, both Medina Spirit and Concert Tour, Baffert’s other horse, were listed among the favorites to win along with Steve Asmussen’s Midnight Bourbon. But in the end, it was Michael McCarthy’s Rombauer who shocked the world at 12-1, delivering the 50-year-old trainer his first career American Classic win. Jockey Flavien Prat secured his second American Classic with the win, adding on to his impressive first place finish at the 2019 Kentucky Derby.

History of the Preakness Stakes

Despite being known in the mainstream media as the second leg of the Triple Crown, the Preakness Stakes actually raced for the first time on May 27, 1873, two years prior to the first running of the Kentucky Derby. The race is a flat, Grade I thoroughbred competition run over a distance of 9.5 furlongs on dirt, typically involving three-year-old colts and fillies. The race has been dubbed “The Run for the Black-Eyed Susans” because a blanket of Maryland’s state flower, rudbeckia hirta (black-eyed Susan), is draped over the winning horse.

Since its inception, the Preakness Stakes has been held at Pimlico Race Course in Baltimore, Maryland on the third Saturday in the month of May nearly every single year, save for a few dire circumstances. Most recently, the 2020 event was moved to September and ran without a crowd due to the COVID-19 pandemic, marking the first time since 1945 that the Preakness Stakes was moved outside of its usual month.

In 1890, the Preakness Stakes was temporarily held at Morris Park Racecourse in the Bronx, New York before failing to run in each of the next three years. When the race finally returned to action in 1894, it would jumpstart a 15-year stretch of hosting the Preakness at Gravesend Race Track on Coney Island, New York. The race eventually made its way back to Pimlico Race Course in 1909 and has successfully run in Baltimore ever since.

Fast forward to the present day, and the Preakness Stakes remains as popular as ever. As the second-biggest event in horse racing behind the Kentucky Derby, the Preakness Stakes consistently puts up absurd attendance numbers in comparison to other major events. In 2017, the race tallied its largest crowd in history with over 140,000 spectators on hand. For comparison, the 2022 Kentucky Derby clocked in around 147,000.

How the Preakness got its name

The race originally received its name courtesy of former Maryland governor Oden Bowie, who named it after a colt named Preakness. Preakness won the first ever race held at Pimlico Race Course on its opening day in 1870, known as the Dinner Party Stakes. Preakness may not have realized it at the time, but winning that race would forever cement the horse’s name in American history.

Preakness Stakes FAQ

Post is officially scheduled for 6:45pm ET and will be aired on both NBC and the NBC Sports App. The race will come and go before you know it, so tune in early and get excited!

Online horse wagering, including betting on the Preakness Stakes, is live and legal in upwards of 40 different states throughout the nation in some capacity. While each state carries its own specific rules and regulations, players residing in the following areas should have no trouble placing some legal online action on this year’s Preakness Stakes:

AL, AZ, AR, CA, CO, CT, DE, FL, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MT, NE, NV, NH, NJ, NM, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, & WY.

Yes you can! If you happen to reside in any of the states listed above, you can wager on the 2022 Preakness Stakes races by downloading any of the following apps or heading over to their desktop website: TVG, TwinSpires, AmWager, DRF, NYRA Bets, or 4NJBets. Scroll up for a full breakdown of which platforms are available in your state.

Yes you can! Each of the six platforms listed above, outside of NYRA Bets, is currently offering all new, first-time users an incredible welcome bonus just for creating an account! Check out the Preakness Stakes best offers explained section a little further up the page for complete details on each Preakness Stakes bonus offer, including links that will take you directly to the website or app to claim your offer!

The legal horse betting age will vary from state to state, but is typically 18 years or older. Some states do require bettors to be at least 21 years or older, although this is much less common.

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