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PREAKNESS WAGER GUIDE
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ACCESS THE GUIDEPlacing your bets on the Preakness Stakes is fast, secure, and easy with Xpressbet — the ultimate online horse racing platform. Get exclusive access to Preakness Stakes picks, wagering guides, betting promotions, and expert analysis for Preakness 150. Bet like a pro and maximize your winnings. The 150th running of the $2 million Preakness Stakes (G1) takes place on Saturday, May 17, 2025, headlining a thrilling weekend featuring the top contenders in Thoroughbred racing and millions in total purse winnings. As the second jewel of the coveted Triple Crown, this year’s Preakness delivers a fully reimagined experience — from curated hospitality and indoor Grandstand dining to premium views at the 1/ST Turn Suites and iconic Turfside Terrace. Discover everything the Preakness has to offer.
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Download it for an in-depth look at the 2025 Preakness Stakes from expert handicappers.
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The Preakness Stakes was run for the first time in 1873, and while it may traditionally be the Second Jewel of the Triple Crown now, its first running was two years prior to the inaugural Kentucky Derby. The race earned its title from former Maryland Governor Oden Bowie after a colt named Preakness won the Dinner Party Stakes, the race held on Pimlico’s opening day in 1870. The record margin of victory set by John Chamberlain’s three-year-old Survivor during that first race, winning by 10 lengths, wasn’t bested until 2004 when Smarty Jones won by 11 ½ lengths.
The Preakness almost always attracts the Kentucky Derby winner, along with other Derby horses and often a few that didn’t start in the Derby as well. It’s also the shortest of the three Triple Crown races at 1 3/16 miles, compared to the Kentucky Derby (1 1/4 miles) and the longest, the Belmont Stakes (1 1/2 miles). While these three races have always made up the Triple Crown, it wasn’t until 1932 the order of the races was officially set. Prior to then, the Preakness was run before the Kentucky Derby 11 times and twice, in 1917 and 1922, on the same day.
The famous Secretariat holds the record for the fastest Preakness Stakes, set in 1973 with a clocked time of 1 minute and 53 seconds. Secretariat additionally holds the records for the fastest editions of the other two Triple Crown races.