It is that time of the year again. The annual Triple Crown buzz has begun, and it is unlikely you will get five-to-one odds on Orb this Saturday as you did in the Kentucky Derby. He will likely be a very low-priced favorite. Hopefully, you will not get sucked into betting on him based solely on the hype. Sure, the favorite has won the Preakness an incredible seventeen of the last forty-two runnings, but keep in mind, the favorite has lost twenty-five times during that same period.
Remember favorites Bodemeister, Animal Kingdom, Super Saver, Street Sense, and, of course, the ill-fated Barbaro? All lost in their bids to win the Preakness. And, who can forget Fusaichi Pegasus? The horse finished a well-beaten second to Red Bullet as the one-to-five favorite in the year 2000.
Recent history has proven that betting the favorite in the Preakness will produce a positive return long-term, but how can anyone seriously bet on a horse going to post as the odds-on choice? While I rooted for Big Brown in 2008, I could not bring myself to place a bet on him. His one-to-five odds offered no enticement whatsoever.
This year, as in recent years, when the Preakness runs on Saturday I will be looking for a couple of horses going to post at odds of six-to-one or better.
Network Television Coverage
Fri. May 17
- 3-4 p.m. Preakness Classics, NBC Sports Network
- 4-5 p.m. Black Eyed Susan Stakes, NBC Sports Network
Sat. May 18
- 2:30-4:30 p.m. Preakness Stakes Saturday, NBC Sports Network
- 4:30-6:30 p.m. Preakness Stakes, NBC
- 6:30-7 p.m. Preakness Post-Race Show, NBC Sports Network