Get ready to saddle up for one of the most thrilling events in horse racing – the Preakness Stakes! As part of the prestigious Triple Crown series, the Preakness Stakes holds a special place in the hearts of racing fans everywhere. It offers a thrilling opportunity for bettors to engage in the excitement and potentially walk away with a hefty payout.

Here are five powerful strategies designed to help you confidently approach Preakness betting and increase your chances of success. 

Consider the Kentucky Derby 

LOUISVILLE, KENTUCKY – MAY 07: Jockey Sonny Leon aboard Rich Strike celebrates after Rich Strike won the 148th running at Churchill Downs on May 07, 2022 in Louisville, Kentucky. (Photo by Andy Lyons/Getty Images)

The Kentucky Derby kicks off the Triple Crown series and offers valuable insights for betting on the Preakness Stakes. For good reason, the Kentucky Derby winner holds a special place in Preakness betting considerations. Winning the Derby is a significant achievement. It showcases a horse’s speed, endurance, and ability to handle pressure on one of the biggest stages in horse racing.

When assessing the Derby winner’s chances in the Preakness, looking beyond their victory is essential. Consider factors like how they won the race, the conditions they faced, and their overall form leading up to the Preakness. A dominant Derby win suggests they’re in top form and could be a strong contender in the Preakness. In contrast, a close victory or concerns about their performance may raise questions about their chances in the next race.

While the Derby winner deserves attention, it’s also wise to explore other contenders who showed promise in the Derby but may not have won due to various factors like traffic or bad luck. These horses could be undervalued in the Preakness betting market, offering opportunities for savvy bettors to find value bets with attractive odds.

Distance Proficiency

BALTIMORE, MARYLAND – MAY 20: Jockey John Velazquez #1 riding National Treasure crosses the finish line to win the 148th Running of the Preakness Stakes at Pimlico Race Course on May 20, 2023 in Baltimore, Maryland. (Photo by Patrick Smith/Getty Images)

The Preakness Stakes, renowned as the shortest of the Triple Crown races, covers 1 3/16 miles (about 1,900 meters) on a flat track. Despite its shorter length than the Kentucky Derby and the Belmont Stakes, the Preakness presents unique challenges for both horses and bettors.

With its demanding length, the race requires competitors with exceptional stamina and endurance to maintain a strong pace from start to finish. 

When betting on Preakness Stakes, prioritize horses with a track record of success at distances comparable to the 1 3/16-mile challenge of the race. Horses that have proven their ability to excel at similar distances possess a significant advantage. They are better equipped to handle the rigors of the race and sustain their speed throughout. 

These runners have the endurance and staying power to maintain a competitive edge throughout the race. This potentially leads to lucrative betting opportunities for those astute enough to recognize their potential.

Trainer and Jockey Connections

When handicapping the race, consider the chemistry between trainer and jockey. Look for teams that can work together seamlessly, maximizing their horse’s potential on race day. These partnerships can be a significant factor in a horse’s success in the Preakness, making them worthy of attention from bettors seeking an edge in their wagering decisions.

Familiarity with each other’s strengths and tendencies allows them to communicate effectively and make split-second decisions under pressure. Whether it’s adjusting tactics mid-race or navigating through traffic, these teams have demonstrated their ability to adapt and thrive in the intense atmosphere of the Preakness.

Post Position Impact

While post position isn’t the sole factor determining a race’s outcome, it’s critical. In the Preakness Stakes, where the field is typically more minor compared to other races, post position can significantly impact a horse’s chances of success.

Historically, horses starting from higher post positions, usually four and up, have fared better in the Preakness. These positions often provide horses with a more straightforward path to navigate the track and avoid traffic congestion. This is especially true in the race’s early stages.

When evaluating post positions, consider how they may affect a horse’s ability to maneuver the track. Inside positions may offer a shorter path to the rail but could also expose a horse to the risk of being boxed in by competitors. Conversely, outside positions may provide more freedom to maneuver but could result in a more extended trip, especially if the horse is forced wide on the turns.

Assessing recent trends and tracking conditions is essential when evaluating post positions. While there’s no one-size-fits-all approach, bettors should be wary of extreme inside or outside positions if recent race data suggests a disadvantage.

Monitor the Betting Markets

Watch how the betting odds change leading up to the Preakness. If a horse’s odds suddenly drop, it could mean people are betting heavily on them. But if the odds get longer, it might mean people aren’t confident in that horse’s chances.

These shifts in odds can tell you which horses are seen as strong contenders and which might be undervalued. Pay attention to these changes to help you make smarter betting decisions.

Conclusion

Take the time to research, analyze, and apply these insights to your betting decisions. Remember to approach each wager with confidence and discipline. Whether you’re a seasoned bettor or new to the thrill of horse racing, embracing these strategies can help you maximize your enjoyment of the Preakness Stakes. It could also potentially turn your wagers into winning tickets.

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Featured Image: Molly Riley/Getty Images

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