Preakness Stakes Odds: Iron Honor Favored at Laurel Park ...Middle East

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Preakness Stakes Odds: Iron Honor Favored at Laurel Park

The 151st Preakness Stakes is this Saturday, May 16, at Laurel Park in Maryland, marking the first time the race has been held outside of Pimlico since 1908. Kentucky Derby winner Golden Tempo is skipping the second jewel of the Triple Crown, which opens this one wide up. New shooter Iron Honor comes in as the morning line favorite at 9-2, trained by Chad Brown. Let’s get into the full odds breakdown.

May 17, 2025; Baltimore, Maryland, USA; Journalism (2) with Umberto Rispoli up wins the Preakness Stakes at Pimlico Race Course in Baltimore, MD. Mandatory Credit: Gregory Fisher-Imagn Images

Preakness Odds

PostHorseOdds1Taj Mahal5-12Ocelli6-13Crupper30-14Robusta30-15Talkin20-16Chip Honcho5-17The Hell We Did15-18Bull By The Horns30-19Iron Honor9-210Napoleon Solo8-111Corono De Oro30-112Incredibolt5-113Great White15-114Pretty Boy Miah15-1 May 17, 2025; Baltimore, Maryland, USA; Journalism (2) with Umberto Rispoli wins the Preakness Stakes at Pimlico Race Course in Baltimore, MD. Mandatory Credit: Gregory Fisher-Imagn Images

Always Remember To Bet On Sports Responsibly

Legal sports betting has never been easier to access. Whether you are wagering on the NHL, the NBA, the Preakness Stakes, or a UFC main event, there is always something on the board worth betting on. That kind of around-the-clock availability makes it more entertaining than ever, but it also makes approaching it responsibly more important than ever.

    The goal is straightforward: keep it fun, keep it under control, and never let it become something that puts a dent in your financial life.

    Here are some principles every bettor should genuinely take to heart:

    Set a budget before you place a single bet. Figure out what you can comfortably afford to lose before you ever open the app. Think of it as entertainment spending rather than an investment strategy, because that is exactly what it is. Never chase losses. Bad days happen to every bettor without exception. Trying to immediately win back what you lost almost always leads to worse decisions and a deeper hole. Walk away and come back fresh. Bet with a clear head. Do not place wagers when you are emotional, frustrated, or impaired in any way. Impulse decisions in sports betting rarely end well, and they are one of the fastest ways to blow through a bankroll without realizing it. Practice bankroll discipline every single time. The bettors who last longest tend to risk only a small, consistent percentage of their bankroll on any given play. Staying disciplined with your sizing matters far more than swinging big on one game. Give yourself permission to step away. The moment betting starts to feel like a source of stress rather than entertainment, that is your signal to take a break. Sports wagering is supposed to add something to your experience, not subtract from it. Take full advantage of the tools sportsbooks provide. Legal sportsbooks offer deposit limits, wager caps, cooling-off periods, and self-exclusion features for good reason. These tools are there to help you stay in control, and using them is always the smart play.

    Responsible betting is what separates long-term enjoyment from short-term regret. Wins and losses are both part of the deal, but staying in control through both is what matters most.

    The best bettors understand that discipline is just as important as knowing how to handicap a game. Come into it with patience, realistic expectations, and real limits in place, and sports betting can stay exactly what it is supposed to be: a fun way to make the games you already love even more engaging.

    Gambling problem? Call 1-800-GAMBLER. Available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, PA, OH, TN, VA, VT, WV, WY only. Full T&C apply.

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    May 12, 2025; Baltimore, MD, USA; A general view of the signage representing the 150 running of the Preakness Stakes at Pimlico Race Course. Mandatory Credit: Gregory Fisher-Imagn Images

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