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Preakness Stakes Odds, Post Positions and Horses (Who is Favored to Win in 2026?)

Breaking down the odds to win the Preakness Stakes in 2026.
Ocelli (far left) is running in the Preakness after finishing third at the Kentucky Derby.
Ocelli (far left) is running in the Preakness after finishing third at the Kentucky Derby. | Albert Cesare/The Courier Journal / USA TODAY NETWORK via Imagn Images

An unproven horse is currently atop the oddsboard for this Saturday’s Preakness Stakes as Kentucky Derby winner Golden Tempo sits out the second leg of the triple crown. 

Surprise Derby third-place finisher Ocelli is also near the top of the Preakness oddsboard, though this field feels as wide open as it gets with no Golden Tempo or Derby runner-up Renegade, who was the betting favorite heading into the Derby. 

Instead it’s Iron Honor set as the early 9/2 favorite to win the Preakness, which is being run at Laurel Park this year as Pimlico Race Course undergoes a massive renovation. That certainly doesn’t mean the Kentucky horse will be the favorite on race day. 

Iron Honor’s last race wasin early April and he finished in seventh at the Grade 2 Wood Memorial. Among those to finish ahead of him were Ocelli and Napoleon Solo, who is also in the Preakness field. They are currently 6/1 and 8/1 respectively. 

Besides Ocelli, Incredibolt (5/1) and Robusta (30-1) are the other horses who ran in the Derby and are also running in the Preakness. Great White (15-1) is also running after being a last-second scratch from the Derby after he threw his jockey just before entering the starting gate.

This is the first time in 118 years that the Preakness Stakes won’t be held at Pimlico. The track is undergoing a $400 million redevelopment project. It is expected to reopen for next year’s race. 

It was a thrilling run for the roses with 23/1 long shot Golden Tempo prevailing in the final stretch. However, the Derby winner will miss the Preakness, which is becoming the norm. Since 2018 when Justify won the triple crown, only three horses have run the second leg of the triple crown while Golden Tempo becomes the fifth horse to sit out. 

Here are the post positions, horses, jockeys and odds for every horse in the Preakness, with odds coming from the Preakness site.

Post

Horse

Jockey

Odds

1

Taj Mahal

Sheldon Russell

5/1

2

Ocelli

Tyler Gaffalione

6/1

3

Crupper

Junior Alvarado

30/1

4

Robusta

Rafael Bejarano

30/1

5

Talkin

Irad Ortiz Jr.

20/1

6

Chip Honcho

Jose Ortiz

5/1

7

The Hell We Did

Luis Saez

15/1

8

Bull By The Horns

Micah Husbands

30/1

9

Iron Honor

Flavien Prat

9/2

10

Napoleon Solo

Paco Lopez

8/1

11

Corona De Oro

John Velazquez

30/1

12

Incredibolt

Jaime Torres

5/1

13

Great White

Alex Achard

15/1

14

Pretty Boy Miah

Ricardo Santana Jr.

15/1


Odds refresh periodically and are subject to change.

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Published | Modified
Brian Giuffra
BRIAN GIUFFRA

Brian Giuffra is the VP of Betting Content at Minute Media and has been with the company since 2016. He's a fan of the Knicks, Giants, wine and bourbon, usually consuming them in that order.

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