Preakness 2015: Betting Odds, Gambling & Wagering Trends

BALTIMORE, MD – MAY 17: Victor Espinoza rides atop California Chrome #3 during the post parade for the 139th running of the Preakness Stakes at Pimlico Race Course on May 17, 2014 in Baltimore, Maryland. (Photo by Patrick Smith/Getty Images)

The second leg of the Triple Crown is just four days away. The 2015 Preakness Stakes is this Saturday, May 16th from Pimlico Race Course in Baltimore Maryland.

Based on the horses who are projected to run in Saturday’s Preakness Stakes, here are the (projected) odds. The odds below were provided by sportsbooks monitored by OddsShark.com.

American Pharoah, unsurprisingly, is the overwhelming 5/6 favorite, and that may change come Saturday. American Pharoah is projected to be one of the highest-wagered horses in the history of the Preakness.

After the Bob Baffert trained super horse, the rest of the Preakness odds are in line with how the Kentucky Derby finished. Firing Line, Dortmund, Carpe Diem, Materiality and Danzig Moon all figure to have a good amount of money wagered on them between now and Saturday — their odds may not change as much, though, due to the amount of money figured to be placed on American Pharoah.

The wild card for the Preakness is Competitive Edge. Competitive Edge suffered a hairline fracture in his hind leg that eventually took him out of the running for the Kentucky Derby. He is 4-for-4 in his career and looks to be every bit of the quality that the other Kentucky Derby horses were.

The four long shots: Bodhisattva, Stanford, Grand Bill and Tale of Verve will probably see minimal betting. The quality of the other eight projected horses is far superior to those four.

Preakness coverage begins on NBC at 4:30 p.m. and will lead right into the start of the race. Post time for the 2015 Preakness Stakes is 6:24 p.m. ET.

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