Latest Updates And Best Odds For The 2023 Preakness Stakes

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How to watch the 2023 Preakness Stakes, best odds, latest updates, and more.

The second leg of horse racing’s Triple Crown is upon us. Kentucky Derby winner Mage will go postward a heavy favorite within the Preakness Stakes odds at Pimlico Race Course in Baltimore.

You can watch the Preakness on NBC, which is showing the race nationwide. You can also take in the race while betting through an advance deposit wagering platform such as FanDuel Racing.

Latest Preakness Stakes odds

View the current odds for the horses racing in the Preakness Stakes, along with the horse trainer and how those odds compare to the opening lines. Click on the current odds to place your bet on the horse you think will win the event.

PositionHorseCurrent OddsOpening OddsTrainer
1National Treasure5/24/1Bob Baffert
2Chase The Chaos8/150/1Ed Moger Jr.
3Mage9/58/5Gustavo Delgado
4Coffeewithchris8/120/1John Salzman Jr.
5Red Route One7/110/1Steve Asmussen
6Perform7/115/1Shug McCaughey
7Blazing Sevens4/16/1Chad Brown
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More Preakness Stakes coverage: Top Favorites | Best Longshots

The Preakness goes through Mage

Mage wasn’t one of the favorites in the Kentucky Derby field. At odds of 15-1, however, he rallied from well back to give his owners, trainer and jockey their first wins in America’s most well-known horse race.

He won’t be anywhere near that price this afternoon. He was an 8/5 morning line favorite at Monday’s post position draw, and that price may only go down. First Mission, the 5/2 second choice, exited the field on Friday morning due to an injury.

After that scratch, Mage will face just six rivals in the smallest Preakness Stakes since 1986. None of his opponents faced him two weeks ago, as the horses either did not have enough Kentucky Derby points to make the field or they were routed away from that race by their connections.

If Mage runs to his backing, he’ll have a chance to be horse racing’s 14th Triple Crown winner (and just the third since 1978). The last horse to sweep the series was Justify, who did it in 2018. Justify and Mage have something in common, as the two thoroughbreds are the only pair since 1882 to win the Derby after not racing as 2-year-olds.

If not Mage, then who?

With the scratch of First Mission, the second choice in Preakness Stakes odds will likely be National Treasure or Blazing Sevens. National Treasure is 4-1 on the morning line, while Blazing Sevens sits at 6-1. No other horse is below 10-1.

National Treasure is trained by Hall of Famer Bob Baffert. Baffert missed last year’s Preakness due to a suspension and sat out the last two renewals of the Kentucky Derby due to a two-year ban imposed by Churchill Downs. National Treasure has only won once, but he ran third in last year’s Breeders’ Cup Juvenile and has been competitive in several graded stakes races in California.

Blazing Sevens, meanwhile, won last year’s Champagne Stakes but hasn’t found the winner’s circle since. He comes from the barn of two-time Preakness winner Chad Brown, and he follows a familiar path. Like former Brown trainees Cloud Computing and Early Voting, who won this race in 2017 and 2022, Blazing Sevens skipped the Kentucky Derby.

Long shots Chase the Chaos, Coffeewithchris, Red Route One and Perform round out the field.

More on the 2023 Preakness Stakes

The Preakness Stakes post time is 7:01 p.m. Eastern. It goes as the 13th of 14 races on the Saturday program at Pimlico.

Should Mage win, the eyes of the horse racing world will move to New York. The final leg of the Triple Crown is the Belmont Stakes, which is scheduled for Saturday, June 10. It’s the longest race in the series, at 1 1/2 miles over Belmont Park’s main track.