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2022 Preakness Stakes Betting Odds, Preview & Picks (05/21/2022)

Preakness Stakes Betting odds and predictions

The best offshore gambling sites have listed their odds for the 2022 Preakness Stakes. The Preakness Stakes is the second leg of the Triple Crown of Thoroughbred horse racing. It takes place just two weeks after the biggest race of a young horse’s life.

That won’t be the case, though, for 2022 Kentucky Derby winner Rich Strike. It was announced that he will skip the Preakness Stakes and race in the Belmont Stakes. He was initially going to go directly to the Belmont regardless of the outcome of the Derby, and his handlers decided to stick to the original plan.

On Wednesday afternoon, May 11, trainer Doug O’Neill moved Happy Jack from probable for the Preakness to possible. Happy Jack had trouble behind the gate in the Kentucky Derby and wound up finishing fourteenth.

The 2021 Preakness Stakes was a memorable event, won by longshot Rombauer, who had 11-1 odds at the best online sportsbooks. He had secured his berth in the Preakness Stakes when won the El Camino Real Derby on the Golden Gate Fields Tapeta. A third-place finish in the Blue Grass (G2) kept him in the Preakness. He then lived up to his connections’ confidence in Baltimore.

With the Kentucky Derby in the books, the Preakness field is starting to take shape. Although there are no American pari-mutuel futures pools on the Preakness Stakes, the best offshore gambling sites are beginning to take Preakness future wagers. Those odds can give us a notion of what the Preakness odds might be like before the morning line is set on Preakness draw day. That is Monday, May 16.

2022 Preakness Stakes Odds

Secret Oath+250
Early Voting+300
Simplification +800
Creative Minister +1000
Happy Jack +1600
Un Ojo +1600
Skippylongstocking +1600
Shake Em Loose +3300

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2022 Preakness Stakes Preview

Morning line odds are an estimation of how the gambling public will approach the race. Preakness odds will be calculated based primarily on the results of the other major sophomore horse races from 2022, which includes Kentucky Derby preps, the Kentucky Derby itself, and other stakes races such as Preakness preps like the El Camino Real Derby, the Federico Tesio Stakes, and the Oaklawn Stakes.

Reputation enters calculations too. Horses who are trained by battle-tested big-race trainers such as Todd Pletcher, Chad Brown, Brad Cox, and Steve Asmussen to name but a few, are always given good odds at the best offshore gambling sites.

The Kentucky Derby winner tends to be the favorite, though that may not be the case in a year when the Kentucky Derby winner was a distant long shot. Especially if that distant long shot winner is not going to be in the Preakness. A horse who can win a major Grade I race is also usually well-thought-of by the gamblers at Pimlico Race Course.

Preakness Stakes Final Odds

On May 21, the Preakness Stakes live odds will be estimated with the pari-mutuel system. The final odds are established by how much is in the pool from gamblers around the country. This is then divided by the number placed in bets on each horse. It is a good idea to watch the odds in the pool on race day. Sometimes you will get a better price than the morning line forecasts.

For instance, when War of Will went on to win the 2019 Preakness Stakes, he wasn’t very popular. His morning line odds of 4/1 turned into starting odds of 5/1. Odds on the Preakness will vary a lot on the pari-mutuel system as the event nears, particularly right before the gates open. Be prepared not to know what odds you are going to get on your picks for the Preakness until the last minute.