The Preakness Stakes annually serves as the meat of horse racing’s Triple Crown sandwich. An all-time upset occurred in the first leg of the trio of races, and while Rich Strike will not be participating at Pimlico there are some longshots that may be worth putting some money down on. Horse bettors were frantically searching to see how much of a payout a winning Rich Strike ticket was worth two weeks ago. Is another upset in the cards this Saturday in Baltimore? Below we will look at Preakness Stakes payouts for those who correctly bet on a horse to win, place and show. The payout for winning Exacta, Trifecta and Superfecta tickets will also be displayed below once the Preakness is over.
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Preakness Stakes payouts
Here’s what payouts looked like on $2 bets to win, place, and show at the 2022 Preakness Stakes, as well as the payout on an exacta, trifecta, and superfecta:
Early Voting
- Win: $13.40
- Place: $4.60
- Show: $3.60
Epicenter
- Place: $2.80
- Show: $2.40
Creative Minister
- Show: $4.20
Exacta ($2 bet)
- $25.80
Trifecta ($1 bet)
- $66.50
Superfecta ($1 bet)
- $162.90
Check out the chart below, in the meantime, which shows the standard payouts for a $2 win bet in horse racing. Remember that these are approximate payouts as horse racing operates on the pari-mutuel system.
| Odds | Payout |
|---|---|
| 1-5 | $2.40 |
| 2-5 | $2.80 |
| 1-2 | $3.00 |
| 3-5 | $3.20 |
| 4-5 | $3.60 |
| 1-1 | $4.00 |
| 6-5 | $4.40 |
| 7-5 | $4.80 |
| 3-2 | $5.00 |
| 8-5 | $5.20 |
| 9-5 | $5.60 |
| 2-1 | $6.00 |
| 5-2 | $7.00 |
| 3-1 | $8.00 |
| 7-2 | $9.00 |
| 4-1 | $10.00 |
| 9-2 | $11.00 |
| 5-1 | $12.00 |
| 6-1 | $14.00 |
| 7-1 | $16.00 |
| 8-1 | $18.00 |
| 9-1 | $20.00 |
| 10-1 | $22.00 |
| 15-1 | $32.00 |
| 20-1 | $42.00 |
| 30-1 | $62.00 |
| 50-1 | $102.00 |
Recent Preakness example
It wasn’t nearly on the level of a Rich Strike, but last year’s Preakness Stakes did produce a surprise winner. Rombauer, who went off at 11-1, captured the crown. A $2 win bet on Rombauer would have paid out $25.60. Rich Strike two weeks ago was an all-timer as a $2 win bet would have paid $163.60. Here is a look at last year’s Preakness Stakes payouts based on $2 bets.
Rombauer 11-1
- Win: $25.60
- Place: $10
- Show: $5.20
Midnight Bourbon 3-1
- Place: $4.60
- Show: $3.00
Medina Spirit 2-1
- Show: $2.80
$2 Exacta 6-5
- $98.60
$1 Trifecta 6-5-3
- $162.70
$1 Superfecta 6-5-3-2
- $1,025.50
