We are less than a week away from the 2017 Preakness Stakes. For those of you who don’t know, it’s held at Pimlico Race Course in Baltimore, Maryland. The actual race itself is schedule for 6:18 EST on Saturday, May 20.

While the Kentucky Derby is capped at 20 horses, only 14 spots are made available for the Preakness. Were not going to reach the limit this year. As of today there are only 10 horses that currently have betting lines to win the race.

The top two from the Derby will be in action, as Always Dreaming and Lookin at Lee are both making the trip. Overall, there’s five that raced at Churchill Downs. It just so happens that those five have the five best odds to win the race.

While it’s no surprise that the winner of the Derby is the favorite, some might find it interesting that Lookin at Lee (11 to 1) doesn’t isn’t next in line on the odd chart. That would be Classic Empire at 4 to 1.

According to the oddsmakers, the biggest new threat in the field is Conquest Mo Money. He’s currently listed at 16 to 1. The next closest is Cloud Computing and Multiplier, each sitting at 20 to 1. The other two, Senior Investment and Term of Art are 25 to 1.

If you are looking for some expert advice, be sure to check out my Preakness Stakes predictions. I’ll be releasing my win/place/show picks soon.

In the mean time, check out my quick breakdown of the top contenders. I’ve also put together a betting guide and will be updating our Preakness payouts page at the conclusion of the race.

Vegas Odds on Favorites to Win the 2017 Preakness Stakes

Always Dreaming (10/11)

Does AD have what it takes to defend his title at Churchill Downs? That’s the question you have to ask yourself after a less than ideal run at the Derby. Those that watched are well aware of the sloppy conditions that the race was ran in. Plus, there was chaos out of the gate. First, it was Thunder Snow that pulled up (didn’t finish). Second, a bold move by Irish War Cry from post 17 to the inside resulted in some collisions.

Not to take anything away from this horse, who went off as the favorite. Though he certainly benefited from starting out of the No. 5 post, avoiding all the drama on the outside. You also have to take note that he won by a modest 2 3/4 lengths. With the win, Always Dreaming improved to 4-0 in 2017.

Classic Empire (4/1)

Classic Empire was one of the top favorites in the days leading up to the Derby. Unfortunately for this horse, he was right in the thick of the mess at the start. Classic Empire was bumped into pretty hard by McCracken out of the gate. Part of the chain reaction set off by the bold move inside by Irish War Cry.

To this horses’ credit, it didn’t let that keep him from finishing strong. Once Classic Empire got going, he ran really well, finishing in 4th. With a lot fewer horses in the mix at Pimlico, don’t be shocked if he’s at or near the front of the pack come the stretch run.

Lookin at Lee (11/1)

Much like you have to ask with the overall favorite and how he benefited from the inside starting position, the same question falls on the Derby runner-up. This horse was right on the rail to start out of the No. 1 position and stayed there. It was a dream scenario for the 20 to 1 long shot. The key thing to note is that he did close some ground on Always Dreaming late. He should be able to run well regardless of the starting position with the smaller field. Given the shorter distance of the Preakness, he’s definitely worthy of consideration.

Updated List of Current Betting Odds for Each Horse in the Field

HorseOdds
Always Dreaming10/11
Classic Empire4/1
Lookin at Lee11/1
Gunnevera12/1
Hence12/1
Conquest Mo Money16/1
Cloud Computing20/1
Multiplier20/1
Senior Investment25/1
Term of Art25/1