Preakness Stakes Odds 2023: Morning-Line Prices for 8-Horse Field is an independent sports news and information service. has partnerships with some of the top legal and licensed sportsbook companies in the US. Gaming Today may receive referral compensation from the sportsbook company when you claim a bonus offer or promotion through a link on this site. Although the relationships we have with sportsbook companies may influence the order in which we place companies on the site, all reviews, recommendations, and opinions are wholly our own. They are the recommendations from our authors and contributors who are avid sports fans themselves.

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Preakness Stakes odds are now available for the second jewel of the Triple Crown, set for Saturday at Pimlico Race Course.

Mage, the morning-line Preakness favorite at 8-to-5 odds, heads a field of eight contenders in this year’s Run for the Black-Eyed Susans.

Mage is the only horse from the Kentucky Derby to return for the Preakness, and for good reason, as the 3-year-old colt has a chance to become just the 14th horse to win the Triple Crown.

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Preakness Stakes Odds, Post Positions, Jockeys, Trainers

Let’s take a look at the morning-line odds, post positions, jockeys, and trainers for all eight horses entered in this year’s Preakness Stakes.

🐎 Post PositionTrainerJockeyMorning Line Odds (Revised - original ML in parentheses)
1. National Treasure Bob BaffertJohn Velazquez3-1 (4-1)
2. Chase the Chaos Ed Moger, Jr. Sheldon Russell30-1 (50-1)
3. MageGustavo DelgadoJavier Castellano4-5 (8-5)
4. CoffeewithchrisJohn Salzman, Jr. Jaime Rodriguez20-1 (20-1)
5. Red Route One Steve AsmussenJoel Rosario8-1 (10-1)
6. Perform Shug McGaughey Feargal Lynch12-1 (15-1)
7. Blazing Sevens Chad BrownIrad Ortiz, Jr. 5-1 (6-1)
SCRATCHED 8. First Mission Brad CoxLuis SaezSCRATCHED

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Morning-line odds are simply a prediction by the track handicapper of what each horse’s price will be. They have no bearing on the odds a bettor ultimately receives on a bet. With pari-mutuel wagering, odds are determined by the amount of money bet on each entry, and closing odds are the prices at which each bet is effective.

Odds for Preakness Stakes’ Top Contenders

Horse racing hasn’t had a Triple Crown winner since Justify in 2018. With Mage entered in the Preakness after Kentucky Derby winner Rich Strike passed last year, there will be a heightened sense of anticipation on Saturday for the Triple Crown’s shortest race at 1-3/16 miles.

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Kentucky Derby winner Mage is the morning-line favorite for Saturday’s Preakness Stakes. (AP Photo/Julio Cortez)

This won’t be a cakewalk for Mage, with several other top Preakness contenders in the field.

First Mission (5-2)

Starting from the No. 8 post, this Brad Cox-trained colt is coming off two consecutive wins. Most recently, First Mission was victorious in the Grade 3 Lexington Stakes at Keeneland in April.

First Mission outran Kentucky Derby fourth-place finisher Disarm in that race. First Mission is lightly raced with just three starts, but he has a top Equibase speed figure of 103 that compares to Mage (104). Jockey Luis Saez gets the mount.

National Treasure (4-1)

National Treasure could give Bob Baffert a record-breaking eighth Preakness victory. National Treasure is coming off a fourth-place finish in the Santa Anita Derby (G1).

Baffert won his last Preakness (and the Triple Crown) with Justify in 2018. A son of Quality Road, National Treasure has just one victory in five career starts.

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Blazing Sevens (6-1)

Blazing Sevens is coming off a third-place finish in the Blue Grass Stakes (G1) on April 8 at Keeneland.

Trained by Chad Brown, Blazing Sevens earned enough qualifying points to compete in this year’s Kentucky Derby. Brown bypassed the race and pointed the horse to the Preakness instead.

Brown employed the same strategy with Early Voting, who won last year’s Preakness. His only other Preakness win came in 2017, when Cloud Computing also skipped the Derby.

Red Route One (10-1)

Trainer Steve Asmussen is sending only Red Route One out in the Preakness Stakes. Red Route One recorded his first stakes win in April’s Bath House Row Stakes at Oaklawn his last time out.

Joel Rosario, who was aboard Red Route One in that race, gets the mount again. Rosario is due to win the Preakness after finishing runner-up on four occasions including last year with Epicenter.

How to Watch 2023 Preakness Stakes

Date: Saturday, May 20, 2023
Post time: 6:50 p.m. ET
Location: Pimlico Race Course, Baltimore, Maryland

Preakness States Odds FAQ

What are the current odds on the Preakness?

Mage is the 8-to-5 morning-line favorite for Saturday’s Preakness Stakes at Pimlico Race Course.

What are the payouts for the '22 Preakness?

Early Voting paid $13.40 on a $2 win bet in the 2022 Preakness Stakes. Epicenter paid $2.80 to place, and Creative Minister returned $4.30 to show.

What was Secretariat's margin of victory in the Preakness?

Secretariat won the 1973 Preakness Stakes by 2.5 lengths, his same winning margin in that year’s Kentucky Derby.

About the Author
Kris Johnson

Kris Johnson

Senior Writer
Kris Johnson is a senior writer at Gaming Today with more than 15 years of experience as a sports journalist. Johnson's work has appeared in Sports Business Daily, Sports Business Journal, NASCAR Illustrated, and other publications. He also authored a sports betting novel titled The Endgame.

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