2022 Preakness Stakes Betting TutorialHorse bettors are eagerly waiting for the “Middle Jewel of the Triple Crown” race which will take place tomorrow. Yes, we are talking about the Preakness Stakes, a thoroughbred horse race held the third Saturday in May each year. For those new to horse racing, this is one of the most popular horse races in the U.S.  With a lot of money at stake, our 2022 Preakness Stakes Betting Tutorial will guide you in placing your bet.

The Preakness Stakes is held every year at the Pimlico Race Course in Baltimore, Maryland. It is a Grade I race run over a distance of 9.5 furlongs on dirt. We are mentioning this because the length and type of course does matter in picking the right horse. Some horses tend to do better on longer tracks while other do best on specific track surfaces. Therefore, this can affect your horse bet in a positive or negative manner.

According to horse betting platform providers, this year the 147th Preakness Stakes will only have 9 horses in the lineup. Usually, 14 horse can participate but this year marks the second-fewest starters in the race in the last seven years.  Either way, it will be an exciting race as they all compete for a $1.5 million purse.

Last year, over $112 million in wagers were made on the Preakness and this year should be no different.

2022 Preakness Stakes Betting Tutorial – Picking Your Horse

When it comes to horse betting, people believe you can only do win-place-show or a quinella, trifecta or even superfecta. However, this is far from the truth as there are many ways to bet on the Preakness Stakes. from wagering on last place to several types of prop bets.

2022 Preakness Stakes Betting Odds

This year, the sportsbooks have Epicenter as the favorite horse to win the Preakness Stakes. In second place is Simplification with better than 10-1 odds. If you like a long shot, then Fenwick is your horse with 50-1 odds.

Post position Horse Jockey Odds
1 Simplification John Velazquez 6-1
2 Creative Minister Brian Hernandez, Jr. 10-1
3 Fenwick Florent Geroux 50-1
4 Secret Oath Luis Saez 9-2
5 Early Voting Jose Ortiz 7-2
6 Happy Jack Tyler Gaffalione 30-1
7 Armagnac Irad Ortiz, Jr. 12-1
8 Epicenter Joel Rosario 6-5
9 Skippylongstocking Junior Alvarado 20-1

Best Post Position in Horses Racing

According to bookie software solution experts, always take in consideration the post position when placing their bet. This is because certain horses like specific positions better. For example, horses that like more space will prefer to be in higher post number. This is so they can work more with their space to the outside. In addition, they do not have to be inside the gate as long.

On the other hand, getting the No. 1 gate can be an advantageous for the right horse since it is the closest to the rail. However, for claustrophobic horses, it can lead to disaster because they may hang back during the race to find space.

Historically speaking, the number 6 spot has been the most favorable over the years. This is because that post has had 16 winners since a starting gate was put in place in 1909.

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