Preakness 2012 Payouts: Dominant Favorites Leave Bettors Looking for More

Wes ODonnell@wesodonnellFeatured ColumnistMay 21, 2012

BALTIMORE, MD - MAY 19:  Jockey Mike Smith aboard Bodemeister (R) leads the field and jockey Mario Gutierrez on I'll Have Another (L) out of the fourth turn during the 137th Preakness Stakes at Pimlico Race Course on May 19, 2012 in Baltimore, Maryland.  (Photo by Tyler Carr/Getty Images)
Rob Carr/Getty Images

The 2012 Preakness didn't finish exactly the way oddsmakers projected it would, but it was as close to script as you could expect.

Bodemeister, the odds-on favorite, led throughout the race only to be caught in the final strides by I'll Have Another. The Derby winner took home the second leg of the Triple Crown in dramatic fashion and left everyone watching beside themselves with excitement...well, except for those who bet and lost on the race.

Even the winners had to be a little disappointed, as I'll Have Another paid $8.20 to win, $3.80 to place and $2.80 to show. The favored Bodemeister paid $3.20 to place and $2.80 to show, and Creative Cause rounded out the money with $3.60 to show.

The $2 exacta wasn't great at $18.60, nor was the $1 trifecta at $35.40, but the $1 superfecta was decent at $424.30.

With the two favorites coming in 1-2, and another top contender finishing third, only the superfecta winners found any bang for their buck at the Preakness Stakes.

Fortunately for them, the Belmont Stakes will offer a better chance at making some money.

The grueling 1.5-mile run makes anything possible, and with the pressure of a potential Triple Crown winner involved, this race will be anything but scripted.

Bodemeister won't challenge I'll Have Another again, but a few Derby runners are expected to make the trip up north. According to the Daily Racing Form, the only Preakness holdover who could get a start is Optimizer, who finished sixth, so we'll have some interesting lines available come race day at Belmont.