2023 Preakness Stakes Horse Racing Betting Odds, Prediction & Winning Tips (Pimlico Race Course, May 20)

Horse Racing, Preakness Stakes 2023 Betting Tips & Predictions

American thoroughbred horse racing is back this weekend with the Preakness Stakes, which marks the second race in the American Triple Crown. Mage won the first one this year, claiming the first title at the Kentucky Derby. The Preakness Stakes race also features three-year-olds, and Mage would be looking to make back-to-back wins in the American Triple Crown.

Key Info About The 2023 Preakness Stakes Horse Race

The 2023 Preakness Stakes is a Grade I stakes race with a distance of 1.9km. It is scheduled to start at 21:45 GMT at the Pimlico Race Course in Baltimore. Only horses aged three years are eligible to participate in this event, and it features a dirt surface track.

ℹ️ Tournament: 2023 Preakness Stakes, Tripple Crown of Thoroughbred Racing 2nd Race
🏟️ Venue: Pimlico Race Course, Baltimore, Maryland, United States
🗓️ Date: Saturday, 20th May 2023

Preakness Stakes 2023 Odds

Arriving with a win in the Kentucky Derby, Mage emerges as the favorite to win on all US horse racing betting sites. Although he is highly favored here, the colt still faces good competition from horses like First Mission and National Treasure. Perform was a good pick at the last American Triple Crown, but he has bigger odds to win the Preakness Stakes.

  • Mage @ 2.10 (11/10)
  • First Mission @ 3.50 (5/2)
  • National Treasure @ 6.00 (5/1)
  • Blazing Sevens @ 9.00 (8/1)
  • Perform @ 15.00 (14/1)

Mage @ 2.10 (11/10)

Mage grabbed his second race win of the year with a first-place finish at the Kentucky Derby a few weeks ago. The Gustavo Delgado-trained horse has been in good form this year and has only finished outside the top three once, which was a fourth-placed finish at the Gulfstream Park.

First Mission @ 3.50 (5/2)

First Mission is one of the best three-year-old American thoroughbred horses, and he has already raced to a win this year at the 2023 Lexington event. The Kentucky-bred horse hasn’t ranked outside the top three in any of his races this year, and he is just behind Mage on the odds list.

National Treasure @ 6.00 (5/1)

Unlike Mage and First Mission, National Treasure does not have many wins under his belt, but he has shown great potential in all three races this year and is a force to reckon with. The Tim Yakteen-trained horse has two top-three finishes in his last three races.

Blazing Sevens @ 9.00 (8/1)

Blazing Sevens won two races towards the end of last year with victories at the Saratoga race course and the Champagne Stakes. This year hasn’t been the best for him as he remains without a race win, but he ranked third at the Blue Grass Stakes last month.

Perform @ 15.00 (14/1)

Perform has been one of the most improved horses this year and has won his last two races. A third consecutive win would see him clinch the second American Triple Crown. The Claude McGaughey-trained horse had a good performance on a similar track at the Federico Tesio.

History of the Preakness Stakes Horse Race

The Preakness Stakes was first held in 1873, with seven horses participating in the maiden event. The Preakness Stakes is a popular horse racing event as it is a key part of the American Triple Crown. In its 150-year history, this year’s event is the 148th edition, and the prize fund has gone from $2050 to $1.5 million. Smarty Jones holds the record for the biggest margin of victory in the Preakness Stakes, winning by 11½ lengths in 2004.

2023 Preakness Stakes Horse Racing Preview

Pimlico Racetrack Analysis

The Pimlico is owned by the Stronach Group, and it was opened 153 years ago, just before the commencement of the Preakness Stakes. It is located in Baltimore and has a one-mile dirt oval surrounding a seven-furlong turf oval. This race track hosts notable races like the Pimlico Special, Dixie Stakes, Black-Eyed Susan Stakes, and the Stronach Group, but it is well-known for the Preakness Stakes. It has a flat course type and attracts many race enthusiasts from around the world.

Past Preakness Stakes Winners

The Preakness Stakes is strictly for three-year-olds, and there have been no repeat winners. Survivor was the winner of the first race, while Early Voting won the Preakness Stakes last year under José Ortiz. Justify was the last horse to win all American Triple Crown races, bagging all three races in 2018.

  • 2022: Early Voting
  • 2021: Rombauer
  • 2020: Swiss Skydiver
  • 2019: War of Will
  • 2018: Justify

2023 Preakness Stakes Horse Racing Predictions

The 2023 Preakness Stakes is the second race in the American Triple Crown, and there are better options in this event from the bookmakers. These are some of the best picks from experts in this race.

Top Five Finish – Perform @ 3.00 (2/1)

Sired by the Good Magic, Perform is one of the best horses in the world, and although he might not be as flashy as the favorites here, a top-five finish is very achievable for the Claude McGaughey-trained horse. In all three races this year, Perform has always finished in the top five, and all three races had at least 90 participants.

Perform still had decent finishes last year, and his worst placement was a 6th-rank finish. With great displays this year, Perform can pull off an upset win here, but backing him to rank in the top five is a very valuable option in the Preakness Stakes 2023.

Race Winner – Mage @ 2.10 (11/10)

Mage is the horse with top form ahead of this event, and the bookmakers have him as the favorite to win the Preakness Stakes. The three-year-old chestnut colt won Kentucky Derby 2023 in what was his biggest career performance. Mage began his year with a win at the Gulfstream Park in January, and he already has two race wins this year. A dominant performance at the Kentucky Derby earlier this month makes Mage a good bet to win the Preakness Stakes.

Top Three Finish – First Mission @ 1.91 (10/11)

First Mission has won back-to-back races heading into this tournament, and his worst finish this year is second place. He won the Lexington G3 in Keeneland after a tough contest with Arabian Lion, where he showed great strength to grind out a win. First Mission’s best performance this year came at the Fair Grounds racecourse, where he ranked first ahead of St. John’s and Quaternion. Backing him to extend his streak of a top-three finish has good value on the Preakness Stakes odds.

Our 2023 Preakness Stakes Betting Tips

The Preakness Stakes has almost similar options to the last Triple Crown race, but with new entries, there are better offers from the horse racing bookmakers. Below you can find the best betting tips for you in the 2023 Preakness Stakes:

  • Top Five Finish – Perform @ 3.00 (2/1)
  • Race Winner – Mage @ 2.10 (11/10)

The American Triple Crown continues this weekend with the Preakness Stakes, and there are exciting options for punters to bet on. You can get the best offers from the Preakness Stakes by using our expert betting tips and predictions.

Content Writer

Austin is an avid Barcelona fan with a great interest in sports and sports medicine. He has a wealth of experience in the sports betting industry and has been featured on football quizzes.

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