Two weeks after the stunning developments in the Kentucky Derby presented by Woodford Reserve, the Preakness Stakes offered a similar result when the horses crossed the wire – only this time there was not a disqualification.
Handicappers who mixed one of the top three choices in the main event with a longshot were rewarded.
The victorious War of Will paid a neat $14.20 to win as the 6-1 third choice, but the grand payoff came from the exacta, trifecta, and superfecta. The key ingredient involved Everfast, who went off at 29-1 and grabbed second by a nose over 7-1 shot Owendale.
Those odds on Everfast were even more surprising than his runner-up finish as that 29-1 price seemed rather low for a horse coming off a fifth-place finish at 66-1 odds in the Pat Day Mile. That thought was reinforced by the exacta which returned $947 for a $2 wager.
The trifecta with Owendale in the third spot returned a golden $9,399.60. If you played the superfecta, adding Owendale’s uncoupled stablemate Warrior’s Charge opened the door to riches by finishing fourth. With the 12-1 shot in that slot, the $2 superfecta returned a gargantuan $103,848.
As for the horizontal wagers, the Pick 3 and Pick 4 offered great value because of Lexitonian ($36) winning the Chick Lang Stakes two races before the Preakness.
With the favored Catholic Boy ($4.80) winning the Dixie Stakes prior to the Preakness, that paved the way for the Pick 3 to pay a generous $1,024.80, which dwarfed the $38.60 payout on the daily double linking Catholic Boy and War of Will.
Even after adding a second favorite to the mix in Mitchell Road ($6.20), the Pick 4 paid $4,163.60.
The lesson this time was that even with a winner that paid a modest amount of money to win, by taking advantage of the 13-horse field in the Preakness, there was a nice reward for spreading your money and including some longshots.
Now, let’s see what happens on June 8 in the Belmont Stakes.