The Preakness Stakes is not in the same league as the Kentucky Derby as a pure betting opportunity. Few things in the world are.
With up to 20 betting interests to choose from, the Kentucky Derby often delivers phenomenal payouts even when logical horses win. This year was a perfect example, with the completely logical Orb keying a $981.60 exacta when Golden Soul got up for second.
The Preakness field is limited to 14 runners, and this year just nine are entered. Form entering the race largely has been established in the Kentucky Derby, so the Preakness runners are known quantities tested two weeks prior in what is called "the greatest two minutes in sports."
The Preakness rarely has, and it is not a race for, major upsets. Since 1984, the two highest-price winners were Bernardini, who paid $27.80 for a $2 win bet in 2006 when Kentucky Derby hero Barbaro broke down at the start, and Shackleford, who paid $27.20 in 2011.
Yet, it is a day to get into the spirit of things, and gambling is part of the package. There are still ways to open your wallet and not only have fun but make money.
Here are 10 betting tips to make for a more satisfying Preakness.