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The Middle Jewel of the Triple Crown will be held this weekend, sending the best betting sites on the web scrambling to size up this weekend’s action. After seeing Justify win the 2018 Kentucky Derby in an eye-catching fashion, the best sportsbook punters on the internet are itching for some more thrilling action. With that in mind, let’s take a gander at some of this weekend’s most important information before breaking down this year’s field.

Triple Crown Betting || 2018 Preakness Stakes

  • Date & Time: Saturday, May 19th || Coverage Begins ~ 5:00 pm ET
  • Venue: Pimlico Race Course, Baltimore, Maryland
  • TV Broadcast: NBC
  • Online Stream: NBC Extra
  • Distance: 1 3/16 miles || 9.5 Furlongs
  • Track: Dirt

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The latest news from the weekend make it clear that there will be an 8 horse field this weekend. Good Magic announced that he will in fact be competing this weekend while Bolt d’Oro proclaimed that he will refrain from competing. While it might not be jam packed, the 8 horse field should have no problems taking our breaths away this weekend.

Below are the best sportsbook betting odds for this weekend’s event. As was to be expected, Justify has opened as this year’s betting favorite. This was to be expected, since Justify won the 2018 Kentucky Derby in devastating fashion. Specifically, the Bob Baffert-trained steed opened up the first half-mile in stellar fashion, overcoming an extremely sloppy track. In fact, Justify’s run at this year’s event might be the most impressive run we’ll see in a couple of years. But does this make him a clear-cut favorite to win the 2018 Preakness? The odds seem to think so, and history is definitely backing them on this one.

These below-listed odds hail from MyBookie sportsbook. When it comes to online horse betting, few do it as well as MyBookie. With weekly articles breaking down the best action in the racebook betting world, there’s no question thatMyBookie is committed to helping punters maximize their action. For this weekend, they’ve put together some of the best odds on the web. Feel free to check out our online sportsbook review to get a closer look at what MyBookie offers. You can also hop to their site to get an up close look at the ins and outs of MyBookie sportsbook.

2018 Preakness Stakes Favorites & Best Sportsbook Odds

Justify || -200

There are plenty of reasons to back Justify this weekend and his run at the Derby is the least motivation one. The fact that Bob Baffert trained Justify is unquestionably the most compelling. In the past, Baffert has led 4 horses to a Kentucky Derby win only to have them win the subsequent Preakness Stakes. It would seem that history pegs Justify as this weekend’s biggest favorite, not just this weekend’s odds.

Good Magic || +450

This weekend’s second biggest favorite, according to the odds. All in all, Good Magic brings plenty of talent to this weekend’s event. But in the end, Good Magic will need some help to topple Justify. Maybe some bad weather or a late injury to this weekend’s frontrunner.

Diamond King || +1600

Diamond King is the local prep for this race. Ultimately, it’s too big a step up in class for Diamond King to be anyone’s serious pick this Saturday.

My Boy Jack || +1600

Too much for My Boy Jack to overcome this weekend.

Hofburg || +1800

A decent sleeper pick, he’s recent runs have left plenty to be desired.

Runaway Ghost +1800

A cool name but unlikely that he’ll run away with anything this weekend.

Telekinesis || +2000

His recent runs don’t merit any bets this weekend.

Bravazo || +2500

While Bravazo has had a couple good races in his career, he’s far from a consistent contender. It’s better to shy away from him this weekend.

Quip || +2500

A decent sleeper pick. All in all, Quip hasn’t shown enough top-level talent to merit favoritism this weekend.

Sporting Chance || +3300

Barring some miraculous disaster, Sporting Chance is a shoo-in for a losing run.

Noble Indy || +6600

The odds make Noble Indy’s chances very clear.

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