What Are The 2024 Preakness Stakes Morning-Line Odds, Post Positions?

Pimlico Race Course held the post position draw Monday night and unveiled Preakness Stakes morning-line odds for the 149th edition of Run for the Black-Eyed Susans. From Monday until the race begins, Preakness Stakes odds will continue to shift fervently, with significant changes on deck before Saturday, May 18, the day of the race.

If you have not created an account with FanDuel Racing, first-time users can place up to a $500 no-sweat bet on Preakness odds! Those already signed up with FanDuel Sportsbook are still eligible for this FanDuel Racing offer. Click “PLAY NOW” below to get started.

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Discover more on how to bet on the Preakness Stakes!

2024 Preakness stakes Post Position Draw And Morning-Line odds

Below, you'll find the post position for each horse, plus morning-line odds. Advance wagering on Preakness Stakes odds is available close to 24 hours before the race, typically Friday morning.

How Do Preakness Stakes Odds Work?

Unlike betting on fixed odds, horse-racing odds continue to move until the gates open. Perhaps you're familiar with a frantic ticket counter scene with dozens of people clamoring each other to place their bets. That's a horse-racing counter.

Even if you place your bet today, your odds will continue to move until post-time. Often, sharp bettors will wait until the last minute to avoid tipping their hands, causing a flux of people to bet their horse and ultimately water down their odds.

Preakness Stakes Information

As the racing world turns its attention to Baltimore, Md., anticipation rises for the Preakness Stakes. This race is the second jewel in the historic Triple Crown of thoroughbred racing.

If Mystik Dan emerges victorious in the Preakness Stakes, he will be eligible for the final leg of the Triple Crown, the Belmont Stakes, on Saturday, June 8. However, Mystik Dan (5-2) is the first Derby winner who has not been favored among Preakness Stakes morning-line odds since 2012. That is because Muth (8-5), the Bob Baffert-trained betting favorite ineligible for the Kentucky Derby, is in this field.

In 2024 and 2025, the Belmont Stakes will occur at Saratoga Race Course in Saratoga Springs, N.Y., because of ongoing renovations at Belmont Park.