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Early 2021 Preakness Stakes Odds: Essential Quality Favored Again

Written by:
Dan Shapiro
Published on:
May/03/2021

He may not even have finished in the top 3 of the Kentucky Derby, but oddsmakers have made Essential Quality the favorite to win the 2021 Preakness Stakes.

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Odds to Win the 2021 Preakness Stakes

Apparently, Medina Spirit's Kentucky Derby run didn't impress the number crunchers enough to move him into the favorite position for the second leg of the Triple Crown.  Medina Spirit pays $40 for every $10 bet, $400 for every $100 bet.

Preakness Stakes Odds

Essential Quality 5/2

Medina Spirit 4/1       

Mandaloun 13/2

Caddo River 10/1

Concert Tour 10/1

Crowded Trade 16/1

King Fury 16/1

Midnight Bourbon 16/1

Ram 16/1       

Unbridled Honor 18/1

France Go de Ina 20/1

Rombauer 20/1

Not only is Essential Quality the favorite to win the Preakness, he has nearly identical odds for the Preakness Stakes.

Robert Cooper, the sportsbook's odds manager, said that he thinks "there is a huge chance Medina Spirit does not run" in the Preakness.

That may have all changed Monday afternoon after trainer Bob Baffert indicated his horse is likely to run.

“He came out of it well,” Baffert told reporters Sunday morning at Churchill Downs. “It takes about a week to determine, so I’m going to come back next weekend and see. I don’t see anything that would discourage me right now.”

- Dan Shapiro, Gambling911.com

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