Preakness Stakes betting favorites have been hugely profitable, especially recently. History tells us that Preakness betting favorites have won more than half the time. Preakness betting longshots are just not the way to go in sports betting.
Preakness Stakes betting favorites have been getting more popular every year. In 2008 it was Big Brown going off at odds of 1-5 and he was an easy winner. That is starting to become the norm in the Preakness. How have huge Preakness Stakes betting favorites done you ask? Odds-on Preakness betting favorites (odds of less than even money) have won 18 of 28 times for a winning percentage of 64%. The biggest of the Preakness Stakes betting favorites was Citation in 1948. He went off at 1-10 as a huge Preakness betting favorites’ choice. Spectacular Bid was also a 1-10 Preakness Stakes betting favorites while Count Fleet was just behind those two as huge favorites. Native Dancer and Big Brown were 1-5 Preakness betting favorites while Secretariat was 3-10.
Triple Crown winner Seattle Slew was 2-5 as a big Preakness betting favorites’ choice while Affirmed, the last Triple Crown winner in 1978 was 1-2. Preakness longshots have won and beaten the big favorites. In 1972 it was Riva Ridge losing at 3-10 odds while Fusaichi Pegasus lost at 3-10 odds as well as many sports betting gamblers still remember. Those two horses are the exception though and not the rule as Preakness Stakes longshots don’t win very often at the sportsbook. In the history of the race only 15 horses have won the race going off at odds of 10-1 or more. And even the biggest of the longshots paid out at 23-1. If you are looking for a horse to win the Preakness at huge odds then you might want to reconsider those thoughts. You can still put some longshots into exacta, quinella, trifecta and superfecta tickets as you look for some value to go along with the favorite in the Preakness Stakes.
These sports betting stats should tell you that Preakness betting favorites are very popular and profitable. If you are going to take a chance on Preakness betting longshots at the sportsbook then you do so at your own risk. Take a look at the choices you have for betting this year’s Preakness and enjoy the action.
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