Preakness Odds 2013: Assessing Best Values in Saturday's Field

Alex Ballentine@Ballentine_AlexFeatured ColumnistMay 17, 2013

May 2, 2013; Louisville, KY, USA; Exercise rider Dana Barnes jogs Power Broker past Jorge Alvarez aboard Govenor Charlie in preparation for the Kentucky Derby during morning workouts at Churchill Downs. Mandatory Credit: Jamie Rhodes-USA TODAY Sports
Jamie Rhodes-USA TODAY Sports

After a thrilling win in the Kentucky Derby, it's no surprise that Orb is the prohibitive favorite to secure another victory in the 2013 Preakness.

However, bettors looking to hit it big on race day will need to dig deeper than Orb. His popularity as everyone's pick has him at even odds according to While there's a good chance he does come through, even money isn't exactly the best payout when it comes to horse racing.

Fortunately, there are other horses in the field that should perform better than the odds they currently face.

Here are the horses with the best chance to show that would offer a much nicer payout than the even-money bettors will receive if Orb continues his impressive run.

Post Horse Odds
1 Orb 1-1
2 Goldencents 8-1
3 Titletown Five 30-1
4 Departing 5-1
5 Mylute 8-1
6 Oxbow 15-1
7 Will Take Charge 12-1
8 Govener Charlie 10-1
9 Itsmyluckyday 12-1

Live odds can be found at


Govenor Charlie: 10-1

Perhaps the biggest unknown in Saturday's field, Govener Charlie is a fairly heavy underdog compared to the race favorites. However, he could make some astute bettors very happy.

The colt has one advantage over many of the horses in the race, and that's actually his inexperience. Many of these horses have either raced at the Kentucky Derby or kept a fairly busy schedule in preparation for this race. Govenor Charlie has run in a mere three races this year.

He's won two of those races, including a March win at the Surland Derby, in which he set a record for the 1 1/8 mile track at 1:47.54.

He also has the bloodline to contend. He was sired by Midnight Lute. The same horse that sired contender Mylute.

He's largely untested, but he'll be facing a similarly short track at the Preakness and could shock everyone. Orb has outrun just about every horse in the field, so it could be a surprise contender like Govener Charlie that outruns his odds. 


Mylute: 8-1

Speaking of Midnight Lute's offsrping, Mylute comes into the race as the highest Kentucky Derby finisher not named Orb.

Rosie Napravnik and the colt battled a slow start thanks to the muddy track conditions and large field but rallied late to finish in fifth place. Positioning ended up playing a big factor, and the late surge just wasn't enough.

The short track certainly won't help Mylute do any better. But the much smaller, nine-horse field will.

With fewer horses to compete with, a better start is to be expected. If Mylute can get out ahead earlier this time, he has the endurance to really surge at the end.

It's difficult to envision a scenario where Mylute doesn't wind up showing, and at 8-1 odds, that's a nice value.


Goldencents: 8-1

Sticking with the 8-1 odds, Goldencents is one of the most intriguing horses in the race.

After a disappointing 17th-place finish in the Kentucky Derby, it would be easy to write him off, but there's a reason he was a favorite to win at Churchill Downs. He's a strong sprinter and is capable of doing well—especially on short tracks like the one he'll see at Pimlico.

The issue at the Kentucky Derby was being placed beside Palace Malice, who set the pace early on but wore out Goldencents as both fell toward the back of the pack.

This time, Goldencents will be right beside Orb in the No. 2 position. That means he can set his pace to the favorite and wait to kick it into high gear when they are both approaching the finish line.

That should mean a much better finish for those backing him.