Preakness Odds

Preakness bettor’s guide: Odds and prop bets

5/18/13 in Horse Racing   |   GeorgeMon   |   159 respect

May 15, 2013; Baltimore, MA, USA; Orb with assistant trainer Jen Patterson outside the Preakness Barn at Pimlico Race Course in Baltimore, Maryland. Mandatory Credit: Mitch Stringer-USA TODAY SportsThe 2013 Preakness Stakes is finally here, and while I do not pretend to know much about horse racing, I do know that the event is an excellent excuse to gamble on a random Saturday afternoon. Orb, the American Thoroughbred, is fresh off his Kentucky Derby victory only a few weeks ago, and is already getting the Triple Crown conversation started. Orb is a substantial favorite to win the event at -120, and his odds will only increase as last-minute bettors rush to place action on the horse. So if you plan on placing a bet on Orb, then you probably should do it as soon as possible.
Here’s is a quick look at a few odds and prop bets for the event. All odds come from
Matchup Props
Departing (-160) versus Goldencents (+130)
Orb (-400) versus Goldencents (+300)
Orb (-240) versus Departing (+190)
Win/Lose Odds:
Will ‘Departing win the Preakness Stakes: Yes: +600, No: -800
Will ‘Goldencents’ win: Yes: +700, No: -1000
Will ‘Itsmyluckyday’ win: Yes: +800, No: -1200
Will ‘Mylute’ win: Yes: +600, No: -800
Will ‘Will Take Charge’ win: Yes: +1000, No: -1300
Winning margin of victory
1 length to 2-3/4: +200
3 lengths to 5-3/4: +300
1/2 lengths to 3/4: +400
6 lengths to 7-3/4: +700
Head: +800
Neck: +800
Nose: +1000
8 lengths to 10-3/4: +1000
11 lengths to 14-3/4: +1200
15 lengths or more: +1400
Dead heat: +3000
Orb Prop Bets
Will ‘Orb’ win the Triple Crown: Yes: +220, No: -260
Will ‘Orb’ win the 2013 Preakness Steaks: Yes: -120, No: even
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