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How to Track Live Odds for the 2025 Preakness Stakes

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By TheFreePPs.com Staff
May 17, 2025

The 150th Preakness Stakes, the second jewel of the Triple Crown, charges down the stretch at Pimlico Race Course on May 17, 2025. With Kentucky Derby runner-up Journalism leading a nine-horse field at 8-5 odds, per FanDuel Racing, bettors are eager to track live odds before the 7:01 p.m. ET post time. TheFreePPs.com guides you to legal betting platforms and highlights contenders like Clever Again and River Thames.

Where to Find Live Odds

Access real-time Preakness Stakes odds legally through the following trusted platforms:

  • FanDuel Racing and TwinSpires offer live odds and race streaming. FanDuel reports Journalism as the favorite, with $805,000 in the win pool, per Horse Racing Nation.
  • BetMGM and BetUS Sportsbook provide odds and promotions for bettors in Maryland and beyond.
  • Preakness.com, the official race site, links to partnered betting services.
  • OffTrackBetting.com delivers full track odds in states like California and Florida.

Verify your state’s betting laws, as online horse racing wagering is legal in many U.S. regions. Gamble responsibly—contact 1-800-GAMBLER for support if needed.

2025 Preakness Stakes Field and Odds

The table below lists the nine horses, their post positions, and odds as of the May 12 post-position draw, sourced from FanDuel Racing and SportsLine. Odds may shift by race time; check legal platforms for updates.

PostHorseML OddsTrainerJockey
1Goal Oriented6-1Bob BaffertJohn Velazquez
2Journalism8-5Michael McCarthyUmberto Rispoli
3American Promise15-1D. Wayne LukasKeith Asmussen
4Heart of Honor12-1Mark CasseDylan Davis
5Pay Billy20-1Brittany RussellSheldon Russell
6River Thames9-2Chad BrownFlavien Prat
7Sandman4-1Mark CasseJoel Rosario
8Clever Again5-1Steve AsmussenJose Ortiz
9Gosger20-1D. Wayne LukasBrian Hernandez

Source: FanDuel Racing, SportsLine, May 12, 2025.

Betting Insights

Journalism, breaking from post 2, dominates betting after a strong Kentucky Derby second-place finish. “Fresh horses often outperform Derby runners in the Preakness due to the tight two-week turnaround,” says Jody Demling via SportsLine. Demling favors Clever Again (5-1), a son of American Pharoah who posted a 101 Beyer Speed Figure in the Hot Springs Stakes, and Goal Oriented (6-1).

River Thames (9-2), with a near-upset against Derby winner Sovereignty, benefits from post 6, historically the most successful (18 winners since 1909). Longshots like Pay Billy (20-1) and Gosger (20-1) offer exotic bet potential. A neutral pace favors front-runners like Clever Again, per ESPN’s analysis.

Stay in the Race

TheFreePPs.com delivers Preakness betting tips and where to find free past performances. Watch on NBC or Peacock starting at 4 p.m. ET, and visit FanDuel Racing or Preakness.com for live odds and updates.