2 weeks ago, was the start of the Triple Crown with Mage winning the Kentucky Derby at 15-1 odds. This weekend, the Triple Crown continues with 2023 Preakness Stakes that will take place this Saturday on May 20, 2023. Thus, here are the latest 2023 Preakness Stakes Update with the latest news and predictions.
This year will be the 148th running of the Preakness Stakes at the Tampico Race Course in Baltimore, MD. Last Monday, the post position was drawn with Perform drawing the no. 6 position. According to sports betting software data, position 6 has had more winners in the past few years. However, sports handicappers believe that in the Preakness Stakes, there is not any true post position. This is because it mostly depends on the tendencies of the horse. Furthermore, each gate has had at least 12 winners over the history of the race.
For those in the sports betting industry and fans of horse betting, the Preakness Stakes is a big money maker. This is because on average, the Preakness Stakes has a betting handle around $100 million. Therefore, there is a lot of competition from racebooks during this time of the year to get horse bettors. For those looking to open a racebook, it is still possible to do it before the race begins.
Or at least it is with a PricePerPlayer.com Bookie pay per head solutions!
2023 Preakness Stakes Update: Post Position, Contenders, Odds and more
At the moment, the favorite to win is Mage with 8/5 odds who drew position 3. Furthermore, Mage is the only horse taking in the second leg of the Triple Crown after running the Derby. In addition, this is the first time since 1968 that only one Kentucky horse has been in the Preakness Stakes.
While it is true that he has the best odds to win, he will be going against 7 fresh horses. However, Mage is looking strong and a lot of star trainers and horses will not be in the Preakness. Thus, many sports handicappers are expecting to see an easy victory for Mage.
For the horse bettor looking for more return on their money, horse betting experts suggest doing an exacta box. Furthermore, they suggest doing the exacta with the following horses: Mage, First Mission, and Red Route one!
2023 Preakness Stakes Betting Odds and Position
|1||National Treasure||4-1||John Velazquez|
|2||Chase the Chaos||50-1||Sheldon Russell|
|5||Red Route One||10-1||Joel Rosario|
|7||Blazing Sevens||6-1||Irad Ortiz Jr.|
|8||First Mission||5-2||Luis Saez|