See the latest Preakness Stakes betting odds as the second leg of the Triple Crown edges closer. Unbeaten Bob Baffert colt, Crude Velocity currently heads the betting.
Preakness Stakes Betting Odds 2026: Baffert Searching For NINTH Win With Favourite
- Crude Velocity 7/4 (Bob Baffert)
- Silent Tactic 5/1 (Mark Casse)
- Taj Mahal 5/1 (Brittany Russell)
- Ocelli 8/1 (Whit Beckman)
- Chip Honcho 8/1 (Steve Asmussen)
- Cherokee Nation 10/1 (Bob Baffert)
- Iron Honor 12/1 (Chad Brown)
- Napoleon Solo 16/1 (Chad Summers)
- Corona De Oro 16/1 (Dallas Stewart)
- Robusta 20/1 (Doug O’Neill)
- Great White 20/1 (John Ennis)
- The Hell We Did 20/1 (Todd W Fincher)
- Express Kid 20/1 (Justin R Evans)
- Talkin 25/1 (Danny Gargan)
- Ottinho 25/1 (Chad Brown)
- Pretty Boy Miah 25/1 (Jeremiah C Englehart)
- Bull By The Horns 25/1 (Saffie A Joseph Jr)
- Crupper 50/1 (Donnie K Von Hemel)
Note: Preakness Stakes betting odds are subject to change and others on request.
Bob Baffert Looking To Extend Preakness Stakes Record With Crude Velocity
No trainer has won the Preakness Stakes more times than master trainer Bob Baffert. He’s already won the second leg of the Triple Crown eight times and he’ll be looking to extend his record in 2026.
He currently has the hot favourite in the shape of CRUDE VELOCITY, who is unbeaten after three starts.
The son of Beau Liam was an easy debut winner at Santa Anita back in March and followed up in April when winning a Claiming race at the same track.
He then headed to Churchill Downs and won a Grade 2 on Kentucky Derby night.
Baffert is now shooting for the stars and the bookmakers have made Crude Velocity a hot favourite for the Preakness Stakes.
The last Preakness Stakes that the Hall of Fame trainer won was in 2023 with NATIONAL TREASURE. He first won it in 1997 with Silver Charm.
However, unlike previous renewals, the Preakness will now be run at Laurel Park this year with Pimlico Racecourse still undergoing renovations.
And from next year, Churchill Downs will host the Preakness after paying $85million to secure the race.
WATCH: Crude Velocity Wins G2 Pat Mile At Churchill Downs
The G2 Pat Mile lived up to the HYPE!
CRUDE VELOCITY dueled down the stretch under jockey @flothejock for Hall of Fame trainer Bob Baffert.
A new stakes record final time 1:33.87. ⏱️💨#TwinSpiresReplay pic.twitter.com/0uac8gYx7H
— TwinSpires Racing 🏇 (@TwinSpires) May 2, 2026
Who Won The 2025 Preakness Stakes?
The 2025 Preakness Stakes was won by JOURNALISM – who went one better than his runner-up effort in the Kentucky Derby.
Michael McCarthy’s horse showed great will and desire to win the Preakness, despite getting bumped and blocked in on the home straight.
He powered through and eventually beat Gosger by half-a-length. His Preakness Stakes betting odds when winning were EVENS.
Next he raced in the Belmont Stakes, but was beaten by Sovereignty once again in a Kentucky Derby rematch.
After his three-year-old campaign, Journalism was gelded.
WATCH: Journalism Wins 2025 Preakness Stakes
Kentucky Derby Hero Golden Tempo To Skip Preakness Stakes
Unfortunately for his fans, Kentucky Derby hero Golden Tempo will be skipping the Preakness Stakes.
Trainer Cherie DeVaux confirmed the news – and he’ll be given more time. Instead, he’ll be making a return in the Belmont Stakes at Belmont Park – the third leg of the Triple Crown.
Preakness Stakes Race Information
📅 Date: Saturday, 16 May 2026
⌚ Time: 7:01pm ET
🏇 Racecourse: Laurel Park
🔄 Trip: 1m 1 1/2f
💷 Purse: $2m
📺 TV: Sky Sports Racing / NBC / Peacock
Preakness Stakes Previous Winners (Last 13)
- 2025 – Journalism (Michael McCarthy)
- 2024 – Seize the Grey (D Wayne Lukas)
- 2023 – National Treasure (Bob Baffert)
- 2022 – Early Voting (Chad Brown)
- 2021 – Rombauer (Michael McCarthy)
- 2020 – Swiss Skydiver (Kenneth McPeek)
- 2019 – War of Will (Mark Casse)
- 2018 – Justify (Bob Baffert)
- 2017 – Cloud Computing (Chad Brown)
- 2016 – Exaggerator (J Keith Desormeaux)
- 2015 – American Pharoah (Bob Baffert)
- 2014 – California Chrome (Art Sherman)
- 2013 – Oxbow (D Wayne Lukas)
