Preakness Stakes 2026: Betting Guide, Odds, Picks, and Promotions

How to bet on the Preakness Stakes: Betting guide, odds, picks, tips, promos, offers, jockeys 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 10:56 am ET • 24 min read

- - -

The 2026 Preakness Stakes takes place on Saturday at Laurel Park in Maryland. 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 :

Fourteen horses entered the race. Only three of those horses are returning to the Triple Crown scene after running in the Kentucky Derby two weeks ago, including third-place finisher Ocelli, sixth-place finisher Incredibolt and 14th-place finisher Robusta. Ocelli is priced at 6-1 in the 2026 Preakness Stakes morning line odds, while Incredibolt is listed at 5-1 on the morning line and Robusta is a 30-1 longshot.

Meanwhile, Iron Honor will make his Triple Crown debut after being withheld from the Kentucky Derby despite qualifying with 50 points. Iron Honor ran seventh in his last start at the Wood Memorial but previously won the Gotham Stakes and he's listed as the 9-2 favorite on the Preakness Stakes morning line. Other top 2026 Preakness Stakes contender include Taj Mahal (5-1), Chip Honcho (5-1) and Napoleon Solo (8-1).

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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.

Wagering is open for the 151st Preakness Stakes until post time at 6:50 p.m. ET on Saturday, May 16. Remember, you cannot bet on the Preakness Stakes on sportsbook apps. Here are the top Preakness Stakes betting sites:

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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

Taj Mahal is the lone unbeaten horse in this Preakness field, but he is also untested. All three wins were also at Laurel Park, giving him the home track advantage, if there is such a thing. He will be the local favorite after winning the Preakness Prep in Maryland, the Federico Tesio. That is a Listed Stakes race, below the level of Grade I, II and III stakes races. The question is whether this is too big a step up in class vs. other horses that have been on the Road to the Kentucky Derby circuit of stakes races.

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

Everybody always wonders which longshot horse will hit the board in the Kentucky Derby. This year, it was Ocelli finishing third at 70-1 odds. Now, he's a fraction of that price in the Preakness, albeit in a much weaker field. The formula was the same in the Derby as it was in the Wood Memorial: hope for fast early fractions and start passing horses with a big late kick as one of the best closers in the race.

Can he get another hot pace to run into in this Preakness?

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

Chip Honcho's connections opted not to run in Kentucky Derby after a fifth-place finish in the Louisiana Derby. He did finish second in the Grade II Risen Star before that at Fair Grounds. Perhaps it was the right move, as the field is far weaker here, leading to a very short price at 5-1 for a horse that has not won since the Gun Runner in December.

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

Iron Honor ships in from the Aqueduct circuit of Kentucky Derby prep races. He won the Grade III Gotham before a disappointing seventh in the Wood Memorial. Iron Honor stalked a hot early pace in the Wood Memorial and fell apart late, passed by winner Albus and others.

Clearly, his connections feel this Preakness might offer a better pace scenario. It appears he'll need it, as he was nowhere near the picture at 1 1/8 miles with fast fractions, and the Preakness is 1 3/16 miles. The morning line agrees, making him the favorite when betting opens.

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 Hell We Did and Trendsetter.

Before that, he broke his Maiden on the fourth attempt at Fair Grounds, failing at six and seven furlongs but doing so at eight-and-a-half furlongs. Can he get the nine-and-a-half furlongs the Preakness now requires?

Preakness betting: No. 12 Incredibolt

Post Position

12

Horse

Incredibolt

Odds

5-1

Trainer

Riley Mott

Jockey

Jaime Torres

Owner

Pin Oak Stud

Past Performances

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

Sire

Bolt d'Oro

Incredibolt won the one-turn Virginia Derby before finishing sixth in the Kentucky Derby. He sat midpack behind a hot pace but could not outkick the top finishers dow

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