Preakness Stakes 2026: Betting Guide, Odds, Picks, and Event Information

How to bet on the Preakness Stakes: Betting guide, odds, picks, predictions, promos, start time at Laurel Park

Our Preakness Stakes betting guide tells you where to bet on the 2026 Preakness Stakes, gives odds, picks, tips, promo offers and more

By Ryan Wooden

, Brandt Sutton

& Blake Von Hagen

May 16, 2026 at 5:55 pm ET • 25 min read

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The second leg of horse racing's Triple Crown series is set for Saturday night at Laurel Park, with the 151st Preakness Stakes beginning at 6:50 p.m. ET. If you're wondering how to bet on the Preakness Stakes or where to bet on the Preakness Stakes, our 2026 Preakness betting guide shows you the best Preakness Stakes promo codes. You can use these sign-up bonuses to claim attractive horse racing betting promos at 2026 Preakness Stakes betting sites.  Claim the latest DK Horse promo code to win a share of $151,000 if you wager $5 on the winning horse :

There will not be a Triple Crown winner this year, as Kentucky Derby winner Golden Tempo is aiming to run again in the Belmont Stakes. Three horses from the Kentucky Derby are in the 14-horse Preakness Stakes field, including third-place finisher Ocelli.

He is 6-1 in the Preakness Stakes odds, while Incredibolt is 5-1 after running sixth and Robusta is 30-1 after finishing 14th. Iron Honor is the 9-2 favorite atop the horse racing odds board, while other contenders include Taj Mahal (5-1) and Chip Honcho (5-1). The Preakness is 1 3/16th miles long, making it the shortest of the three legs of the Triple Crown.

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How to bet on the Preakness Stakes 2026

How to bet on the Preakness Stakes today requires going to official horse racing betting apps. New users can claim a  DK Horse promo code  or 1/ST BET offer code. Tap the CLAIM BONUS button on this page, create an account, deposit funds, select the Laurel Park track, go to Race 13 for the Preakness Stakes, and choose the Win wager to bet on the winner of the race.

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2026 Preakness Stakes odds

Here is the field for the 151st Preakness Stakes. There were 14 horses that drew into the Run for the Black-Eyed Susans this year.  Click on the odds to wager now.

Number Horse Morning Line Odds Last Race 1 Taj Mahal 5-1 1st in Federico Tesio 2 Ocelli 6-1 3rd in Kentucky Derby 3 Crupper 30-1 1st in Bathhouse Row 4 Robusta 30-1 14th in Kentucky Derby 5 Talkin 20-1 3rd in Bluegrass Stakes 6 Chip Honcho 5-1 5th in Louisiana Derby 7 The Hell We Did 15-1 2nd in Lexington Stakes 8 Bull By The Horns 30-1 1st in Rushaway 9 Iron Honor 9-2 7th in Wood Memorial 10 Napoleon Solo 8-1 5th in Wood Memorial 11 Corona de Oro 30-1 3rd in Lexington Stakes 12 Incredibolt 5-1 6th in Kentucky Derby 13 Great White 15-1 5th in Blue Grass Stakes 14 Pretty Boy Miah 15-1 1st in Aqueduct Starter Allowance

Preakness betting: No. 1 Taj Mahal

Post Position

1

Horse

Taj Mahal

Morning Line Odds

5-1

Trainer

Brittany Russell

Jockey

Sheldon Russell

Owner

SF Racing, Starlight Racing, Madaket Stables, Stonestreet Stables, Bashor Racing, Determined Stables, Golconda Stable, Waves Edge Capital, Catherine Donovan

Record

1st: 3, 2nd: 0, 3rd: 0 (three career races)

Sire

Nyquist

Trainer Brittany Russell has her first Triple Crown starter this weekend in Taj Mahal, who has an undefeated record. Russell is trying to become the first female trainer to win the Preakness Stakes after Cherie DeVaux won the Kentucky Derby. Taj Mahal started out in Bob Baffert's barn before moving to Russell.

The colt won his debut at Laurel Park in February before winning the Miracle Wood Stakes two weeks later. He added a third victory in the Federico Tesio in April, but he has not raced in a graded stakes race. Regardless, Taj Mahal is considered one of the top contenders at 5-1.

Preakness betting: No. 2 Ocelli

Post Position

2

Horse

Ocelli

Morning Line Odds

6-1

Trainer

Whitworth Beckham

Jockey

Tyler Gaffalione

Owner

Ashley Durr, Anthony Tate, Front Page Equestrian

Past Performances

1st: 0, 2nd: 1, 3rd: 4 (seven career races)

Sire

Connect

Ocelli doesn't have a win yet in his career despite making seven starts, but he has put together his two best performances in his last two runs. Ocelli finished third in the Wood Memorial to earn alternate status for the Kentucky Derby and then was added to the field after Fulleffort was scratched.

Then this son of Connect out of Scat Daddy mare Zalia finished third despite going off with 70-1 odds, helping boost the $1 trifecta payout to $11,250.78 with Golden Tempo winning as a 23-1 longshot. He posted an HRN speed figure of 108 at Churchill Downs, which was the best of his career thus far and now he's D. Whitworth Beckman's best shot at winning an American Classic to date.

Preakness betting: No. 3 Crupper

Post Position

3

Horse

Crupper

Morning Line Odds

30-1

Trainer

Donnie Von Hemel

Jockey

Junior Alvarado

Owner

Robert Zoellner

Past Performances

1st: 2, 2nd: 0, 3rd: 3 (six career races)

Sire

Candy Ride

Crupper has never run in a Graded Stakes race, so this will be a big step up in class, despite winning the Bathhouse Row listed stakes race at Oaklawn Park last time out. Before that, he had only ever run in Allowance and Maiden races.

Preakness betting: No. 4 Robusta

Post Position

4

Horse

Robusta

Odds

30-1

Trainer

Doug O'Neill

Jockey

Rafael Bejarano

Owner

Calumet Farm

Past Performances

1st: 1, 2nd: 1, 3rd: 0 (six career races)

Sire

Accelerate

Robusa fell victim to being near the lead with fast early fractions in the Kentucky Derby, ultimately finishing 14th. The pace will have to be milder in the Preakness for this frontrunner to have a chance.

Prior to the Derby, Robusta finished 7th in the Santa Anita Derby and second in the San Felipe at Santa Anita in California. He has not won since breaking his Maiden as a two-year-old, but there are also horses in this Preakness that have not run in graded stakes races like him.

Preakness betting: No. 5 Talking

Post Position

5

Horse

Talking

Odds

20-1

Trainer

Danny Gargan

Jockey

Irad Ortiz Jr.

Owner

Reeves Thoroughbred Racing, Pine Racing Stables, Legendary Thoroughbreds, Belmar Racing and Breeding, R.A. Hill Stable

Past Performances

1st: 1, 2nd: 1, 3rd: 1 (five career races)

Sire

Good Magic

Talkin won on debut and has not won since that seven-furlong race in Augusta. However, he's faced very stiff competition. All of his other four races have been graded stakes races, hitting the board in two of them: a second behind fellow Preakness runner Napolean Solo in the Grade I Champagne for juveniles in October and a third in the Blue Grass Stakes in April.

Preakness betting: No. 6 Chip Honcho

Post Position

6

Horse

Chip Honcho

Odds

5-1

Trainer

Steve Asmussen

Jockey

Jose Ortiz Jr.

Owner

Leland Ackerley Racing, James Sherwood, Jode Shupe, John Cilia

Past Performances

1st: 2, 2nd: 2, 3rd: 0 (six career races)

Sire

Connect

Jockey Jose Ortiz is coming off a win in the Kentucky Derby aboard Golden Tempo, completing his personal career Triple Crown. He won the Preakness with Early Voting in 2022 and the Belmont Stakes with Tapwrit in 2017. Ortiz will try to keep his 2026 Triple Crown hopes alive on Saturday aboard Chip Honcho.

Ortiz raced against Chip Honcho throughout the winter aboard Golden Tempo, including the Lecomte Stakes, Risen Star Stakes and Louisiana Derby. Chip Honcho finished fifth in the Louisiana Derby (G2) after finishing second in the Risen Star (G2) and fourth in the Lecomte (G3). He is trained by Steve Asmussen, who is the leading trainer in North America by wins.

Preakness betting: No. 7 The Hell We Did

Post Position

7

Horse

The Hell We Did

Odds

15-1

Trainer

Todd Fincher

Jockey

Luis Saez

Owner

Peacock Family Racing Stable

Past Performances

1st: 2, 2nd: 2, 3rd: 0 (four career races)

Sire

Authentic

A horse that did not run in a Kentucky Derby prep race until the very last one, The Hell We Did might be an interesting price in a weaker Derby field. He finished second in the Grade III Lexington Stakes at 1 1/16 miles, his first effort stretching out after running six furlongs in his three previous efforts. This will also be his fifth different track in five races.

Preakness betting: No. 8 Bull By The Horns

Post Position

8

Horse

Bull By The Horns

Odds

30-1

Trainer

Saffie Joseph Jr.

Jockey

Micah Husbands

Owner

Peachtree Stable and Mark Corrado

Past Performances

1st: 2, 2nd: 0, 3rd: 2 (five career races)

Sire

Essential

The deepest of closers in the field, Bull By The Horns might not even be in the TV picture on the backstretch. But if the Preakness pace is as hot early as it was in the Derby, look for him to come rolling from way back down the stretch, just like Golden Tempo did in the Derby.

That's exactly how Bull By The Horns won his last race, the Rushaway listed stakes race at Turfway Park in March. He finished 7th in the Grade II Fountain of Youth before that, but the top finishers in that race are not here.

Preakness betting: No. 9 Iron Honor

Post Position

9

Horse

Iron Honor

Odds

9-2

Trainer

Chad Brown

Jockey

Flavien Pratt

Owner

St. Elias Stable, William Lawrence, Glassman Racing

Past Performances

1st: 2, 2nd: 0, 3rd: 0 (three career races)

Sire

Nyquist

Trainer Chad Brown has historically had good instincts on when to forego the Kentucky Derby, having previously won the 2017 Preakness with Cloud Computing and the 2022 Preakness with Early Voting after skipping the first leg of the Triple Crown. Now he'll try to do it again with Iron Honor, who ran seventh in the Wood Memorial his last time out but had enough points to qualify for the Derby after winning the Gotham Stakes.

Iron Honor broke his maiden in his debut at Aqueduct late in the two-year-old season and has now won two of his three career starts. Brown and the oddsmakers both seem willing to throw out a bad run at the Wood Memorial and are banking on this son of 2016 Kentucky Derby winner Nyquist to contend this weekend.

Preakness betting: No. 10 Napoleon Solo

Post Position

10

Horse

Napolean Solo

Odds

8-1

Trainer

Chad Summers

Jockey

Paco Lopez

Owner

Good Square LLC

Past Performances

1st: 2, 2nd: 0, 3rd: 0 (four career races)

Sire

Liam's Map

The story was much the same for Napoleon Solo in the Wood Memorial as it was for Iron Honor. He set the pace, the pace was too hot and he faded, ultimately finishing fifth. He also finished fifth in the Derby prep race before that, the Grade II Fountain of Youth.

He won at six furlongs and a mile in the Grade 1 Champagne as a juvenile, but can he handle the nine furlongs in the Preakness? Can his jockey help this horse settle early for milder early fractions?

Preakness betting: No. 11 Corona de Oro

Post Position

11

Horse

Corono de Oro

Odds

30-1

Trainer

Dallas Stewart

Jockey

John Velazquez

Owner

On Our Own Stable, Commonwealth Stable, U Racing Stables, Saints or Sinners, Titletown Racing, Jim Nichols, Edwin Barker, Daniel Rivers, John Haines, Dallas Stewart

Past Performances

1st: 1, 2nd: 1, 3rd: 2 (five career races)

Sire

Bolt d'Oro

The Hell We Did and Corona de Oro have similar paths, not racing in any Kentucky Derby prep race until the final one at the Lexington Stakes. He finished third behind The H

_Originally reported by [CBS Sports](https://www.cbssports.com/general/news/how-to-bet-on-preakness-stakes-betting-guide-odds-picks-predictions-promos-start-time-laurel-park/)._