For a couple of hours, a usurper sat in the odds throne in the Preakness lineup. A large $80,000 bet in favor of Stradivari gave the young colt the favorite odds of the 2016 Preakness, but as betting continued throughout the afternoon, the true odds favorite has once again risen to the top.
2016 Preakness Stakes: Odds shift back in favor of Nyquist and away from untested Stradivari
All is right again in the world as undefeated Nyquist is once again the odds-on favorite to win the 2016 Preakness Saturday.
Mitch Stringer-USA TODAY Sports
Nyquist currently stands as the top choice for the betting crowd with 3-5 odds (3-5 Morning Line), while Stradivari has dropped back to 7-1 odds (8-1). Exaggerator is still one of the favorites, standing at 3-1 odds (3-1).
The large bet helped Stradivari’s odds drop as low as 3-5 at one point, but as more money has continued to be placed via bets across the country, Nyquist once again reclaimed the top spot in the odds. Nyquist, who is undefeated, is the 2016 Kentucky Derby winner.
The dirt track at Pimlico Race Course has been under assault all day from rain and hooves and is listed as “muddy,” but Nyquist has a win already in his career on a muddy track, and odds makers do not seem phased by the conditions he’ll be facing.
The current odds (as of 4 p.m. Saturday) are as follows for the 2016 Preakness Stakes field:
| Horse | Morning Line | Current |
| Cherry Wine | 20-1 | 17-1 |
| Uncle Lino | 20-1 | 35-1 |
| Nyquist | 3-5 | 3-5 |
| Awesome Speed | 30-1 | 45-1 |
| Exaggerator | 3-1 | 3-1 |
| Lani | 30-1 | 25-1 |
| Collected | 10-1 | 16-1 |
| Laoban | 30-1 | 80-1 |
| Abiding Star | 30-1 | 40-1 |
| Fellowship | 30-1 | 60-1 |
| Stradivari | 8-1 | 7-1 |
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