The 150th Preakness Stakes is in the books, with Journalism standing in the winner's circle. Pimlico bettors are currently checking their tickets to see whether or not they cashed. View the payouts, including Win-Place-Show, Exacta, Trifecta, and Superfecta results below.
Bet on horse racing now!
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Preakness Stakes payouts
Preakness Stakes payouts have been made available. All results below are based on a $2 bet.
- Journalism (Even odds Win: $4.00, Place: $2.80, Show: $2.40)
- Gosger (15-1 odds Place: $9.00, Show: $5.40)
- Sandman (6-1 odds Show: $3.60)
- Exacta (2-9, $33.80)
- Trifecta (2-9-7, $73.50)
- Superfecta (2-9-7-1, $303.40)
Here are the full Preakness results:
- 1. Journalism
- 2. Gosger
- 3. Sandman
- 4. Goal Oriented
- 5. Heart of Honor
- 6. River Thames
- 7. Pay Billy
- 8. American Promise
- 9. Clever Again
Here is what each means:
- Preakness win: If you bet on a horse to win and the horse finishes in first place.
- Preakness place: If you bet on a horse to finish in the Top 2. If the horse wins the race or the horse finishes in second, you win the bet.
- Preakness show: If you bet on a horse to finish in the Top 3. If the horse wins the race, finishes second, or finishes third, you win the bet.
- Preakness Exacta: An exacta bet is when you bet on a specific horse to finish first and a specific horse to finish second. To win, the horses must finish in that exact order.
- Preakness Trifecta: A trifecta is like an exacta bet except with one extra leg. You must correctly pick the order in which the Top 3 horses cross the finish line.
- Preakness Superfecta: A superfecta is along the same lines as an Exacta and Trifecta except you must hit the Top 4 horses in correct order.
When it comes to these exotic Preakness Stakes bets (Exacta, Trifecta, Superfecta), the bigger the odds — and the bigger the payouts will be — with the more legs you add. Here is what Preakness Stakes payouts look like for a standard $2 win bet. These are approximate payout figures.
- 1-5 odds: $2.40
- 2-5 odds: $2.80
- 1-2 odds: $3.00
- 3-5 odds: $3.20
- 4-5 odds: $3.60
- 1-1 odds: $4.00
- 6-5 odds: $4.40
- 7-5 odds: $4.80
- 3-2 odds: $5.00
- 8-5 odds: $5.20
- 9-5 odds: $5.60
- 2-1 odds: $6.00
- 5-2 odds: $7.00
- 3-1 odds: $8.00
- 7-2 odds: $9.00
- 4-1 odds: $10.00
- 9-2 odds: $11.00
- 5-1 odds: $12.00
- 6-1 odds: $14.00
- 7-1 odds: $16.00
- 8-1 odds: $18.00
- 9-1 odds: $20.00
- 10-1 odds: $22.00
- 15-1 odds: $32.00
- 20-1 odds: $42.00
- 30-1 odds: $62.00
- 50-1 odds: $102.00
Kentucky Derby betting resources
- Preakness Stakes Win, Place, Show predictions
- Preakness Stakes Trifecta, Superfecta, and Exacta picks
- Preakness Stakes AI predictions
- Preakness Stakes post positions
Parimutuel betting
Novice Preakness bettors might be a bit confused by the odds they see. This is because horse racing betting odds are "parimutuel odds."
Traditional sports betting sites use fixed odds, where you bet against the house. When it comes to betting on Preakness Stakes horse racing and parimutuel odds, you are betting against fellow bettors in a pool.
Parimutuel odds fluctuate right up until the start of the race. So, they are not fixed.
In horse racing betting, payouts are based on the total amount bet on each outcome. So other people's bets will help determine the payout of your bet.
