Run at 1 3/16 miles, the $1.5 million Preakness Stakes at Pimlico Race Course is the second jewel of horse racing’s coveted Triple Crown.
Ten of the last 20 Kentucky Derby winners have gone on to win the Preakness too, but only American Pharoah also won the Belmont and completed the Triple Crown.
Favorites often win the Preakness and longshots rarely do. Thirteen of the last 16 Preakness winners closed at odds of 3-1 or less and nine of those were the post-time favorite. Last year’s winner Exaggerator was the 5-2 second choice behind Kentucky Derby winner Nyquist.