The 2026 Preakness Stakes takes place this evening at Laurel Park, with the 151st running set for 6:50 p.m. ET on NBC!
If you're looking for the Preakness Stakes payouts on win, place, show, and more, we'll have prices right after the race goes official.
Preakness Stakes payouts
Payout figures will include Preakness Stakes exacta, trifecta, and superfecta picks.
Let's explain what each wager means:
- Preakness Stakes win: If you bet on a horse to win, and the horse finishes in first place.
- Preakness Stakes place: If you bet on a horse to finish in the Top 2. If the horse wins the race or finishes in second, you win the bet.
- Preakness Stakes 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 Stakes 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 Stakes 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 Stakes superfecta: A superfecta is along the same lines as an Exacta and Trifecta, except you must hit the Top 4 horses in correct order.
Obviously, with those exotic Preakness Stakes bets (exacta, trifecta, superfecta), the bigger the odds and the bigger the payouts will be, 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
Bet on horse racing now!
Even after the Preakness Stakes is finished, the horse racing action does not stop. You can bet on the races every day at FanDuel, one of our best horse racing betting sites.
Preakness Stakes betting resources
- Preakness Stakes win, place, and show picks
- Preakness Stakes exacta, trifecta, and superfecta picks
- Preakness Stakes odds
- Preakness Stakes horses
