Preakness odds: Las Vegas offers value vs. morning line
Early betting in Nevada on Saturday’s running of Preakness 2023 suggests Mage will be shorter at post time than his 8-5 morning line.
The Kentucky Derby winner shortened Wednesday morning to 7-5 at Caesars Sportsbook and about the same price at Circa Sports, actually plus 145, in early fixed-odds wagering for the second race of the Triple Crown.
Preakness 2023: Analysis of all 8 horses.
Lexington Stakes (G3) winner First Mission, who will race for only the fourth time in his career, was a consensus 5-2 in Las Vegas, the same odds he was given on the morning line.
National Treasure, the maiden winner who is trainer Bob Baffert’s first classic entry in two years, was 4-1 at Caesars and plus 425 at Circa, putting him in line with his 4-1 odds in Saturday’s Pimlico program.
Blazing Sevens, who has not won since the Champagne (G1) last fall at Belmont Park, carried value at Circa. At 8-1, actually plus 825, his odds were longer than his 6-1 at both Caesars and on the morning line.
Like the pari-mutuel wagers that most bettors will make this weekend, the fixed odds in Nevada are action only if a given horse starts in the Preakness, which is scheduled for Saturday at 7:01 p.m. EDT.
These were the odds Wednesday at 5:30 a.m. EDT at Caesars Sportsbook and Circa Sports in Nevada as well as Keith Feustle’s morning line at Pimlico for Preakness 2023:
| Preakness 2023 | Caesars | Circa | PIM |
|---|---|---|---|
| 1. National Treasure | 4-1 | 4-1 | 4-1 |
| 2. Chase the Chaos | 60-1 | 65-1 | 50-1 |
| 3. Mage | 7-5 | 7-5 | 8-5 |
| 4. Coffeewithchris | 24-1 | 35-1 | 20-1 |
| 5. Red Route One | 12-1 | 18-1 | 10-1 |
| 6. Perform | 14-1 | 20-1 | 15-1 |
| 7. Blazing Sevens | 6-1 | 8-1 | 6-1 |
| 8. First Mission | 5-2 | 5-2 | 5-2 |
| PIM: Morning line |
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