Preakness Stakes Odds: Nyquist Favored for Preakness Stakes

Preakness Odds: Nyquist Favored for Second Jewel of the Triple Crown

The Preakness Stakes is set for Saturday, May 21 at Pimlico Race Course in Baltimore. The spotlight will be on Kentucky Derby winner Nyquist, as he goes for the second jewel of the Triple Crown.

Nyquist is undefeated, with seven graded stakes wins since breaking his maiden last June. He will likely be challenged by Exaggerator, who has yet to beat Nyquist in four head-to-head starts, including the San Vicente Stakes and the Kentucky Derby, both of which he placed second. He is 9/2 to win the Preakness as we go to press.

However, all eyes will definitely be on Nyquist, who's the 5/8 favorite to win the Preakness, and there are already prop bets that will allow you to wager on him winning the Triple Crown (yes is 2/1). This would be great for horse racing because it would produce back-to-back Triple Crown wins, following American Pharoah's 2015 success. The last Triple Crown win before American Pharoah came in 1978, which was the second of back-to-back wins after Seattle Slew won it in 1977.

The Preakness is the shortest of the Triple Crown races at 9.5 furlongs. It's set to go off at Pimlico at 6:18 PM ET with NBC providing the coverage.

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