2021 Preakness Stakes Odds: Medina Spirit Favored

Updated: May 4, 2021

Covers Staff

Clock Icon May 4, 2021 – 4:45 PM ET

Triple Crown odds continue for 2021, with Preakness Stakes odds on the board ahead of the May 15 running. The Favorite to win the Preakness should come as no surprise, after Bob Baffert’s Medina Spirit took home the Kentucky Derby. 

While the full field is not yet set, here are the current odds to win the Preakness Stakes. 

Preakness Stakes 2021 horses and odds

Horse Odds to win 
Medina Spirit 3/1
Concert Tour 33/10
Mandaloun 4/1
Caddo River 7/1
Midnight Bourbon 10/1
Crowded Trade 16/1
Keepmeinmind 16/1
Rombauer 16/1
France Go de Ina 20/1
Ram 33/1
Unbridled Honor 33/1

Favorite to win the 2021 Preakness Stakes 

Medina Spirit, with jockey John Velazquez, won the Kentucky Derby to begin the month, and as a result, is the betting favorite to win the 2021 Preakness Stakes at 3/1. 

Just behind Medina Spirit is Concert Tour, whose team chose to bypass the Kentucky Derby in favor of the Preakness. Concert Tour closely follows Medina Spirit atop the board, at 33/10. 

Rounding out the Top-3 is Mandaloun, who finished just a half-length behind Medina Spirit in the Kentucky Derby to finish in the money as the second horse across the line. The runner-up at Churchill Downs comes in at 4/1 on the Preakness Stakes odds board.  

Odds of past Preakness Stakes winners

Here are the winners of the Preakness Stakes since 2002, their post positions, and their morning line odds.   

Year Preakness Stakes Winner Post Position Morning line odds
2020 Swiss Skydiver 4 11/1
2019 War of Will 1 4/1
2018 Justify 7 1/2
2017 Cloud Computing 2 12/1
2016 Exaggerator 5 3/1
2015 American Pharoah 1 4/5
2014 California Chrome 3 3/5
2013 Oxbow 6 15/1
2012 I’ll Have Another 9 5/2
2011 Shackleford 5 12/1
2010 Lookin At Lucky 7 3/1
2009 Rachel Alexandra 13 8/5
2008 Big Brown 6 1/5
2007 Curlin 4 7/2
2006 Bernardini 8 8/1
2005 Afleet Alex 12 6/5
2004 Smarty Jones 7 2/5
2003 Funny Cide 9 1/1
2002 War Emblem 8 3/1


Where can I bet on the Preakness Stakes?

This all depends on where you live. If you’re in the USA, betting on the Preakness Stakes online isn’t as simple as simply launching your favorite sportsbook app. Instead, you’ll have to use a specialist-pooled horse racing betting site such as BetAmerica.

Those in Canada or the UK have it much easier as most sports betting sites offer horse racing markets. Canadians should check out our recommended Canadian sportsbooks and those in the UK should browse our top bookmakers.

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