2012 Preakness StakesDownload App

Preakness 2012 Payout: Failure of Longshots Makes for Disappointing Payday

BALTIMORE, MD - MAY 19:  Mario Gutierrez is congratulated by Jack Sisterson after riding I'll Have Another to win the 137th Preakness Stakes at Pimlico Race Course on May 19, 2012 in Baltimore, Maryland.  (Photo by Matthew Stockman/Getty Images)
Matthew Stockman/Getty Images
Richard LangfordCorrespondent INovember 8, 2016

On the track, the Preakness was an outstanding race. On the tote board, it was a giant dud. It is always more fun when at least one surprise sneaks into the money. It sets up for a nice payday for bettors taking that horse, and a huge reward for exactas and trifectas .

The Preakness figured to be a perfect race for some nice paydays.

This field was filled with horses in the 10-1 to 25-1 odds range, and the two favorites—Bodemeister and I'll Have Another—had enough doubts surrounding them that it seemed unlikely they would finish first and second like they did at the Kentucky Derby. 

Well, that is exactly the way it played out, and it made for uninspiring payouts. 

 

2012 Preakness Stakes Payouts

Horse

Win

Place

Show

1. I'll Have Another

8.40

3.80

2.80

2. Bodemeister

 

3.20

2.80

3. Creative Cause

 

 

3.60

Payout info via Pregame.com.

The $2 exacta paid $18.60 and $1 trifecta hit for $35.40. 

Alas, these horses were favored for a reason, and often times the favorites hit. This just happened to be one of those times. 

Now it is on to the Belmont, and there is every reason to think that there will be some nice payouts.

I'll Have Another is likely going to be the overwhelming favorite, but for him to win, he will have to buck 34 years of history that says a horse cannot win the Triple Crown. 

So, don't give up on the long shots yet!

Where can I comment?

Stay on your game

Latest news, insights, and forecasts on your teams across leagues.

Choose Teams
Get it on the App StoreGet it on Google Play

Real-time news for your teams right on your mobile device.

Download
Copyright © 2017 Bleacher Report, Inc. Turner Broadcasting System, Inc. All Rights Reserved. BleacherReport.com is part of Bleacher Report – Turner Sports Network, part of the Turner Sports and Entertainment Network. Certain photos copyright © 2017 Getty Images. Any commercial use or distribution without the express written consent of Getty Images is strictly prohibited. AdChoices