- Crude Velocity will not race in the Preakness Stakes, making Silent Tactic the new betting favorite at +300 odds.
- Crude Velocity was the favorite at +175 odds after Kentucky Derby winner Golden Tempo dropped out of the Preakness, but now odds are shaking up once again.
- Chip Honcho climbed from +1000 to +700 following the news, who will be rode by 2026 Kentucky Derby winning jockey Jose Ortiz.
LAUREL, Md. – The latest betting odds for the 2026 Preakness Stakes favor Silent Tactic (+300) after Bob Baffert announced Crude Velocity will miss the middle jewel of the Triple Crown. Without Crude Velocity and 2026 Kentucky Derby winner Golden Tempo, legal sports betting odds for the Preakness are wide open.
2026 Preakness Stakes Betting Odds
- Silent Tactic +300
- Taj Mahal +400
- Ocelli +525
- Chip Honcho +700
- Iron Honor +900
- Napoleon Solo +1400
- Robusta +1500
- Great White +1600
- The Hell We Did +1600
- Corona de Oro +1800
- Talkin +2200
- Express Kid +2800
- Ottinho +2800
- Pretty Boy Miah +3300
- Crupper +4500
- Bull by the Horns +4500
- Smoovin Saturday +7500
Crude Velocity won all three of his races this year, posting wins at Santa Anita Park before his latest win on May 2 at the Pat Day Miles Stakes at Churchill Downs. The three-year colt emerged as the favorite with +175 odds at Preakness Stakes betting sites after trainer Charlie DeVaux announced Golden Tempo won’t race.
The absence of the generation leader and the replacement favorite has made the Preakness Stakes wide open. This will be the eighth-consecutive year without a Triple Crown winner since Journalism in 2018.
Best Picks From Latest Preakness Betting Odds
The short turnaround from the Kentucky Derby to the Preakness has only a few Derby horses set to attend the race, headlined by Ocelli at +525 odds. However, the best bet at horse racing sites is Chip Honcho, who’s odds have shortened from +1000 to +700 after the Crude Velocity exit.
Chip Honcho’s jockey for the Preakness is Jose Ortiz, who rode Golden Tempo to victory in the Kentucky Derby. Ortiz has a strong relationship with trainer Steve Asmussen, who claims Chip Honcho rides better in smaller environments like Laurel Park with their 4,800 person capacity.
