Preakness Pay Billy Odds, History and Predictions

The 150th Preakness Stakes is nearly here, and a field of 9 three-year-old horses is set.

Pay Billy hasn't generated much buzz leading into the 2025 Preakness Stakes, but they found plenty of success at Laurel Park in the early spring season. Baltimore's Pimlico Race Course will be a step up for Pay Billy, though there's at least a solid track record here. Let's take a look at the Pay Billy race history and morning-line odds ahead of the 2025 Preakness Stakes.

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Pay Billy Preakness Odds and Post Position

Pay Billy's Preakness morning line odds are 20-1.

Pay Billy Horse Trainer and Jockey

Michael E. Gorham won't be the most accomplished trainer at the 2025 Preakness Stakes, but he'll be among the most experienced. Despite never placing in a Triple Crown race, Gorham is approaching 10,000 career starts and has been training since the early 2000s.

Jockey Raul E. Mena also doesn't have any signature Triple Crown performances, but he, too, isn't lacking experience. The Chilean native has over $10 million in career earnings and has won 22% of his races in 2025.

Pay Billy Race History

Pay Billy's almost exclusively raced at Laurel Park, making this a short trip to Baltimore for the 2025 Preakness Stakes. Pay Billy has found success with four wins in their last five starts, but they've peaked at a 93 speed score.

Speed Scores via Equibase.

Pay Billy Preakness Prediction and Pick

Pay Billy's lack of top-end speed is concerning, and it explains their 20-1 morning line odds. There's not much Triple Crown experience with either their trainer or jockey, presenting Pay Billy with an uphill battle heading into the weekend. Even so, their results speak for themselves and stranger things have happened at Pimlico Race Course.

Check out FanDuel TV's Preakness preview below:

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