See the latest Preakness Stakes betting odds as the second leg of the Triple Crown edges closer.
Preakness Stakes Betting Odds & Draw 2026: Who Is The Favorite?
- Taj Mahal 5/1 (Brittany Russell)
- Ocelli 6/1 (D Whitworth Beckman)
- Crupper 30/1 (Donnie Von Hemel)
- Robusta 30/1 (Doug O’Neill)
- Talkin 20/1 (Danny Gargan)
- Chip Honcho 5/1 (Steven Asmussen)
- The Hell We Did 15/1 (Todd Fincher)
- Bull By The Horns 30/1 (Saffie Joseph Jr)
- Iron Honor 9/2f (Chad Brown)
- Napoleon Solo 8/1 (Chad Summers)
- Corona De Oro 30/1 (Dallas Stewart)
- Incredibolt 5/1 (Riley Mott)
- Great White 15/1 (John Ennis)
- Pretty Boy Miah 15/1 (Jeremiah Englehart)
Note: Preakness Stakes betting odds are subject to change and others on request.
Bob Baffert Will NOT Be Extending Preakness Stakes Record
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 but he won’t be extending his record this season.
He had the hot favourite in the shape of CRUDE VELOCITY, who is unbeaten after three starts – but was not entered at the latest confirmation stage.
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. He’ll now skip the Preakness Stakes and head to the Grade 1 Woody Stephens at Saratoga.
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
It’s quite the rarity that Baffert will have zero Preakness Stakes runners – but he’ll be back for more success next year no doubt.
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 betting odds when winning were EVENS, when landing the 2025 Preakness Stakes purse.
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)
