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Preakness odds, betting, horses, post position, updated field: Iron Honor is favorite in second Triple Crown race

By Ben Fawkesโ€ขSky F1

Here are the current odds for every horse in the 2026 Preakness Stakes.

The 2026 Preakness Stakes will take place on Saturday, May 16, at 6:50 p. m. ET in Laurel Park, Maryland.

The 14-horse field will be without 2026 Kentucky Derby winner Golden Tempo , which means there wonโ€™t be a Triple Crown winner this year. Iron Honor (9-2) is the morning-line favorite and drew the No. 9 post position.

Incredibolt (No. 12 post position), Taj Mahal (No. 1) and Chip Honcho (No.

6) all have 5-1 odds on the morning line. Journalism won the 2025 Preakness as the favorite , finishing ahead of Gosger and Sandman in a nine-horse field. Here are the odds and post positions for every horse in the Preakness: Preakness odds, from Post 1 to 14 Taj Mahal (5-1) Ocelli (6-1) Crupper (30-1) Robusta (30-1) Talkin (20-1) Chip Honcho (5-1) The Hell We Did (15-1) Bull by the Horns (30-1) Iron Honor (9-2) Napoleon Solo (8-1) Corona De Oro (30-1) Incredibolt (5-1) Great White (15-1) Pretty Boy Miah (15-1)