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Breaking Down the 2022 Preakness Stakes: More Filly Follies?

The 2022 Preakness Stakes comes to you with a paradox, a wagering quandary that pits one 21st century trend against one 2020s trend.

Hall of Fame trainer D. Wayne Lukas (right on his exercise pony) takes aim at his record-tying seventh Preakness Stakes title with filly Secret Oath. The Kentucky Oaks winner would be the seventh filly to win the second jewel of the Triple Crown. (Image: Maryland Jockey Club)

The trend this century is the friend to chalk. Since 2000, 10 favorites found the Pimlico Race Course winner’s circle. Oxbow at 15.40/1 in 2013 is the longest shot to win the Preakness this century. Seven horses between 2010 and 2019 won the second jewel to the Triple Crown with single-digit odds.

It’s also the friend to horses coming in from Churchill Downs. That means Kentucky Derby runner-up Epicenter, fourth-place Simpification, and 14th-place Happy Jack, along with Kentucky Oaks winner Secret Oath and Derby undercard allowance winner Creative Minister are good places to start. Only four horses this century took that weekend off and ran off with the Preakness.

That first trend, however, runs into some recency bias. The last two Preakness winners: Rombauer last year and Swiss Skydiver in 2020, came home at 11/1 odds. Rombauer beat 5/2 favorite Medina Spirit, who finished third. Swiss Skydiver, meanwhile, beat 3/5 Authentic in one of the best Triple Crown races this century. And we didn’t mention 2017s Cloud Computing, who ran home at 13/1.

Who needs Churchill Downs?

Speaking of Cloud Computing, before last year, he was the last horse skipping Derby/Oaks week to win the Preakness. Rombauer famously thumbed his nose at that last year, being the fourth horse this century to blow off the first Saturday in May and blow into a Preakness title. On paper, that would bode well for Early Voting, the best of the new shooters in the nine-horse field.

So factoring that in, what wins Preaknesses? Well, a mix of styles. The Pimlico winner’s circle welcomes pace-setters like Triple Crown winners American Pharoah (2015) and Justify (2018), the aforementioned Oxbow, Big Brown (2010), Smarty Jones (2004) and Funny Cide (2003). It welcomes pressers like California Chrome (2014) and Swiss Skydiver, along with four others to hit the back end of the exacta. And it beckons stalkers like Rombauer, War of Will (2019), Cloud Computing and I’ll Have Another (2012).

Just don’t be a closer. Exaggerator’s 2016 victory in the Maryland slop made him the only closer in the last 11 years to win.

Preakness closers may not win, but they cash frequently

That said, closers hit the board with profitable regularity. Two years ago, it was 40/1 Jesus’ Team finishing third. In 2019, Everfast finished second at 29/1. In 2018, Tenfold balanced out Justify’s 2/5 winning odds when he finished third at 26/1. Senior Investment proved to be a profitable one the previous year when he completed the trifecta at 31/1. When American Pharoah won the 2015 Preakness at 4/5, Tale of Verve finished second – at 28/1.

You get the idea. The Preakness is a horseplayer’s race, one favoring tactical speed on the track and wagering savvy at the window.

It’s time to work our way through this puzzle. OG News breaks down the field, worst to first. The listed odds are Pimlico’s morning line and will obviously fluctuate between now and post time.

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They could win – or finish 5th

Your Preakness tickets will thank you

The Pick