3 Best Bets to Win the 2023 Preakness Stakes on FanDuel Racing

It's time to get your bets in for the 2023 Preakness Stakes. The 148th edition of the Preakness comes up soft with just one runner from the Kentucky Derby field - the first time that's happened in 75 years.

Whether you're betting at the track, in a casino, or on your mobile device, be sure to check out all the Preakness Stakes coverage on FanDuelTV, and watch and wager on FanDuel Sportsbook.

Preakness 2023 Best Bets

The second jewel of the Triple Crown is the Preakness Stakes, and it's contested at a distance of 9.5 furlongs, or 1 3/16 miles. Odds below are parimutuel opening odds and will adjust as more bets come in on the horses and race.

1. First Mission (5/2)

In searching for a viable win contender and dark horse who fits, look towards Brad Cox-trained First Mission. He's the best of the seven "new shooters", and enters off a stakes debut win as the favorite in the 1 1/16 mile Lexington Stakes at Keeneland. Top jockey Luis Saez can ride him to another victory with his best in-the-field Energy Distribution Profile.

2. Mage (8/5)

Mage offers no value at 8/5 after winning the Kentucky Derby at 15/1 odds. He's a worthy favorite in the Preakness, but the field of contenders came up very soft. Un-raced as a 2-year-old, Mage has blossomed and improved during his sophomore season with a close second in the 1 1/8 mile Florida Derby and way-off-the-pace win in the 1 1/4 mile Kentucky Derby. Jockey Javier Castellano has a solid shot to pick up another win and take Mage to Belmont with a chance to capture the rare Triple Crown.

3. Red Route One (10/1)

National Treasure is the other win contender included as a dark horse, but let us pivot to Red Route One (10/1) for Hall of Fame trainer Steve Asmussen. He's already raced in six graded stakes without a win, but the son of the great Gun Runner did win his last start in the minor 1 1/8 mile Bath House Row Stakes at Oaklawn Park while posting his fastest speed figure. Two other runner-up finishes in the Rebel and Southwest Stakes give him a chance with value odds.

Game odds refresh periodically and are subject to change.