The Kentucky Derby has not yet been run, but there are 2026 Preakness Stakes odds available to wager on!
There's a 40-horse future wager running from now through approximately 6:00 p.m. ET on Derby Day, about an hour before the "Run for the Roses" takes place, making for an intriguing way to speculate on the second leg of the Triple Crown.
Let's take a look at the latest Preakness odds.
2026 Preakness Stakes odds
Below is a look at the top horses in the betting for the 2026 Preakness Stakes. Go to FanDuel, one of our best horse racing betting sites, to wager on any of the 40 horses listed.
| Horse |  |
|---|---|
| Renegade | +1000 |
| Further Ado | +1200 |
| Taj Mahal | +1200 |
| Commandment | +1500 |
| Desert Gate | +1500 |
| Cherokee Nation | +1500 |
| Iron Honor | +1500 |
| Field (All Other Three-Year-Olds) | +1500 |
2026 Preakness Stakes predictions
Preakness best bet: Silent Tactic (+4000 at FanDuel)
Silent Tactic was forced to scratch from the Kentucky Derby with a foot issue, but trainer Mark Casse is hopeful that this son of Tacitus can make the Preakness instead.
He had the lead in the stretch of the Arkansas Derby before getting caught by Renegade. We've seen plenty of Derby runners bypass the Preakness in recent years, including 2025 Derby winner Sovereignty.
The Southwest Stakes winner could take advantage of that at a nice price.
Odds of past Preakness Stakes winners
Here are the last 20 winners of the Preakness Stakes with their post positions and morning-line odds.
| Year | Preakness Stakes Winner | Post Position | Morning line odds |
|---|---|---|---|
| 2025 | Journalism | 2 | 8/5 |
| 2024 | Seize the Grey | 6 | 15/1 |
| 2023 | National Treasure | 1 | 4/1 |
| 2022 | Early Voting | 5 | 5/1 |
| 2021 | Rombauer | 6 | 12/1 |
| 2020 | Swiss Skydiver | 4 | 11/1 |
| 2019 | War of Will | 1 | 4/1 |
| 2018 | Justify | 7 | 1/2 |
| 2017 | Cloud Computing | 2 | 12/1 |
| 2016 | Exaggerator | 5 | 3/1 |
| 2015 | American Pharoah | 1 | 4/5 |
| 2014 | California Chrome | 3 | 3/5 |
| 2013 | Oxbow | 6 | 15/1 |
| 2012 | I'll Have Another | 9 | 5/2 |
| 2011 | Shackleford | 5 | 12/1 |
| 2010 | Lookin At Lucky | 7 | 3/1 |
| 2009 | Rachel Alexandra | 13 | 8/5 |
| 2008 | Big Brown | 6 | 1/5 |
| 2007 | Curlin | 4 | 7/2 |
| 2006 | Bernardini | 8 | 8/1 |
| 2005 | Afleet Alex | 12 | 6/5 |
Preakness Stakes FAQ
The 151st running of the Preakness Stakes will be held on Saturday, May 16, 2026.
The Preakness Stakes will be held at Laurel Park in 2026, and return to Pimlico in 2027.
The Preakness Stakes is run at a distance of 1 3/16 miles (1.91 kilometers), or 9.5 furlongs.
The fastest time recorded in the history of the Preakness Stakes at its present distance is 1:53.00. This record was set by Secretariat in 1973.
