Traditionally the second leg of thoroughbred racing’s Triple Crown, the Preakness Stakes is held annually on the third Saturday in May following the Kentucky Derby and run at a distance of 1 3/16 miles or 9.5 furlongs. The Preakness is the race that sets up the Kentucky Derby winner with a chance to win the Triple Crown in the final leg at the Belmont Stakes in New York.
In 2020, due to the pandemic, the Preakness Stakes was moved to Saturday, Oct. 3. The Belmont was moved to June 20 and run at a distance of 1 1⁄8 miles, or 9 furlongs, instead of the traditional 1 1⁄2 miles, or 12 furlongs. Tiz the Law won. The Kentucky Derby was rescheduled for Sept. 5. Authentic won that race. That leaves the Preakness as the final leg in the Triple Crown in 2020.
The Kentucky Derby was rescheduled for Sept. 5, 2020, making the Preakness the final leg in the Triple Crown in 2020.
Find everything you need to know about betting on the Preakness Stakes, including up-to-date odds, how to bet online and when to get money down on your favorite to win the 2020 Preakness Stakes.
Odds and post positions to be updated after the Sept. 30 post position draw.
Racing odds can change from post position to race day. Unlike fixed-odds bets at sportsbooks, horse betting is pari-mutuel, which means variable odds up until the race begins:
|Post Position||Horse||Jockey||Opening Odds||Morning Line Odds|
|2||Mr. Big News||Gabriel Saez||12-1||TBD|
|3||Art Collector||Brian Hernandez Jr.||5-2||TBD|
|4||Swiss Skydiver||Robby Albarado||6-1||TBD|
|5||Thousand Words||Florent Geroux||6-1||TBD|
|6||Jesus' Team||Jevian Toleldo||30-1||TBD|
|7||Ny Traffic||Horacio Karamanos||15-1||TBD|
|8||Max Player||Paco Lopez||15-1||TBD|
Because Virginia is one of 33 states that allow online horse race betting, you have several options for placing bets on the Preakness Stakes. This includes the privacy of your own home, or wherever you are inside the state with internet access. You can do so through a horse betting app such as TVG.
TVG is the most convenient way to bet on the Preakness Stakes in Virginia.
You can use this link to visit TVG and download the app. The app is compatible with iOS and Android. You can also bet directly from the TVG website
Betting on the Preakness with TVG is a three-step process:
If the convenience of online betting doesn’t appeal to you, for whatever reason, you can always visit a Virginia racetrack or off-track betting (OTB) facility offering simulcast races to bet on the Preakness Stakes. Some Virginia sportsbooks may also take bets on Triple Crown races, but they will be fixed odds bets, not pari-mutuel.
Virginia has just one live horse racing facility with simulcast racing:
Colonial Downs first opened in 1997 halfway between Richmond and Williamsburg with live thoroughbred racing in the summer and harness racing in the fall. Colonial Downs features a 1 ¼-mile dirt oval, a 7.5-furlong inner turf oval, a 1 1/8-mile outer turf oval, and a chute on the backstretch of the dirt oval for harness racing converting it to a one-turn mile. The facility shut down for six years in 2013 in the wake of disputes between the local horsemen association and track management.
In 2018, Virginia passed a law to allow historical racing machines at the track and Virginia off-track betting parlors. The machines resemble traditional video slot machines with the outcome of each spin based on the outcome of a random selection from a library of over 60,000 historical horse races.
The prospect of the gambling machines made reopening the track economically viable. A company called Revolutionary Racing bought Colonial Downs for over $20 million about a week after the law passed. Rosie’s Gaming Emporium at Colonial Downs opened in 2019 with over 600 historical racing machines on site. Live and simulcast racing returned in August 2019.
Virginia also has four off-track betting parlors featuring simulcast racing and pari-mutuel wagering:
Features a signature TV wall with 10 different simulcast signals, smoking and nonsmoking areas, and free parking.
Features a horseplayers’ exclusive room and other areas with live sports and horse racing. Plus, simulcasting from up to 20 tracks daily.
Inside the Battlefield Shopping Center and featuring an OTB exclusive room and an adjoining pool room. Plus, simulcasting from up to 20 tracks daily.
This OTB is inside a Quality Inn and features a combination sports bar/OTB with 45 TVs. Plus, simulcasting from up to 20 tracks daily and 10 betting terminals.
Betting on the Preakness Stakes is similar to betting on any horse race. It’s easy to do and starts with an understanding of the following basic bets:
Exactas, trifectas, and superfectas can also be wheeled. The process of wheeling a bet involves fixing the finishing position of certain horses and combining it with more horses to make multiple betting combinations.
You “key” certain horses you like in the top one, two, or three, and mix in more possibilities in other finishing positions.
The Preakness Stakes field is limited to 14 three-year-old thoroughbreds and almost always includes the winner of the Kentucky Derby. Much of the Kentucky Derby field also enters the race, but the Preakness also attracts horses without Triple Crown hopes.
The Maryland Jockey Club also hosts a series of races across the country offering automatic entry into the Preakness Stakes. The winners of the following races are invited to enter the Preakness:
Pimlico also hosts the InfieldFest Concert full-day music festival alongside the Preakness Stakes race. The event features live music, DJs, food, drinks, and access to wagering windows.
In 2019, the lineup featured Kygo, Logic, Diplo, Frank Walker, Juice WRLD, and FISHER. The 2020 InfieldFest Concert was canceled because of the global COVID-19 pandemic.
Here’s a look at five great moments in Preakness Stakes history:
Secretariat ran the 1 3⁄16-mile race in 1:53 to win in 1973, and that’s considered the Preakness record to this day. The time was not without some controversy as it was originally posted as 1:55 until two Daily Racing Form clockers claimed to have timed the horse two seconds faster.
The Maryland Jockey Club eventually settled on the Pimlico’s clocker time of 1:54 2⁄5. However, the Maryland Racing Commission changed that in June 2012 based on testimony and replay evidence.
Secretariat’s 1:53 at the Preakness now stands as the official record for all three legs of the Triple Crown. Here’s a look at the fastest Preakness Stakes times:
Other than Secretariat (1973), the other horses did not win the Triple Crown. 2015 Triple Crown winner American Pharoah (1:58.46) and 2018 Triple Crown winner Justify (1:55.93) were both well off the Preakness Stakes record.
1977 and 1978 Triple Crown winners Seattle Slew and Affirmed were both much closer, having each run the Preakness in a time of 1:54.40.
The Triple Crown of thoroughbred racing sees 3-year-old thoroughbreds compete for the title in the Kentucky Derby, Preakness Stakes, and Belmont Stakes. The races are normally run in May and June, in order, making the Preakness Stakes the second leg of the Triple Crown.
In 1919, Sir Barton became the first horse to win the Triple Crown by winning all three races. Since then, only 12 other horses have managed the feat. Justify was the last to do it, in 2018, just three years after American Pharoah (2015) broke a 37-year Triple Crown drought.
While only 13 horses have won all three races, 23 have won the Kentucky Derby and Preakness Stakes before failing to complete the Triple Crown in the Belmont.
No discussion about the Preakness or the Triple Crown would be complete without paying homage to Secretariat. Most experts agree Secretariat is the greatest thoroughbred in history.
Secretariat won the Triple Crown in 1973, setting a speed record for each leg that still stands today:
His record time in the Preakness remains the fastest in Triple Crown race history. Secretariat is in the National Museum of Racing and Hall of Fame.
Preakness Stakes 2020 is scheduled for Oct. 3.
The Preakness is traditionally the second leg of the Triple Crown and held on the third Saturday in May following the Kentucky Derby. In 2020, the Preakness Stakes will be the third and final leg of the Triple Crown with the Belmont (June 20) and Kentucky Derby (Sept. 5) running ahead of the race.
The Preakness Stakes is now a $1.65 million stakes race. The winner walks away with the lion’s share of that, with the first-place prize set at $990,000.
Only the top five horses earn part of the purse:
Only five fillies have ever won the Preakness Stakes in its 144-year history. In fact, Rachel Alexandra in 2009 was the first filly to do so since Nellie Morse in 1924.
Here’s the full list of five filly Preakness Stakes winners:
2020 marks the 145th running of the Preakness Stakes at Pimlico Race Course in Baltimore. Since Baltimore runs on Eastern Time, the traditional post time for the race is 6:45 p.m. ET. That means you’ve got to place your bets on the Preakness before then.
Like the other two Triple Crown races, Secretariat holds the record in the Preakness Stakes. Secretariat ran the 1 3⁄16 miles in 1:53 back in 1973 on the way to winning the Triple Crown.
His time was originally posted as 1:55 and changed to 1:54 2⁄5 before the Maryland Racing Commission used testimony and replay evidence to confirm the record 1:53 in 2012.