What Are the Payout Odds if Pay Billy Wins This Year's Preakness Stakes?

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Pay Billy promises a payout of $3200 for every $100 bet

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Pay Billy is a 3 year old colt and has raced from 2024 to 2025. He was sired by Improbable out of the Harlington mare Harlington's Rose.

Key Factors That Could Lead to Pay Billy Winning This Year's Preakness Stakes

Past Performance (10) 

He's won his last four starts and five of his last six.  The one he didn't win was a second place finish in the 2025 Miracle Wood.

His last victory was in the Federico Tesio.  Trained by Michael Gorham, the two-time stakes winner won for the third time since breaking his maiden at Laurel Park in December.

“Win, and You’re In here; the fees are paid. If he’s doing well, it’s a good possibility,” trainer Michael Gorham said before entering his horse in this weekend's Preakness Stakes.

Why Pay Billy Might Not Win This Year's Preakness Stakes

Trainer (3)

This will mark Gorham's first Preakness Stakes appearance. 

“When I first came to Pimlico in January of 1990 I was in the exact same stalls here. No kidding,” Gorham said Wednesday morning. . “I knew I was going into this barn [this week]. When they told me I said, ‘Put me in that barn, that’s fine,’ and then when we got here it was the exact same stalls. It’s probably a little nicer now being one of the stakes barns, but how about that?”

Odds to Win the 2025 Preakness Stakes

Rot     To Finish Last     Moneyline
1     Goal Oriented         +625
2     Journalism         +3200
3     American Promise         +525
4     Heart Of Honor         +300
5     Pay Billy         +225
6     River Thames         +925
7     Sandman         +1200
8     Clever Again         +625
9     Gosger         +425

Rot     First Letter Of The Winner     Moneyline
1     A-M         -315
2     N-Z         +205

Rot     To Win The Preakness 2025     Moneyline
1     Goal Oriented         +750
2     Journalism         -110
3     American Promise         +1400
4     Heart of Honor         +2300
5     Pay Billy         +3200
6     River Thames         +575
7     Sandman         +625
8     Clever Again         +700
9     Gosger         +2200

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