The Preakness - Horse Racing's Middle Child

Horseracing Betting Lines

05/11/2010 - Philadelphia, PA (Sportsbook Betting Lines) - Most casual horse racing fans hold the Kentucky Derby in high regard. They also get revved up for the Belmont Stakes if a horse is in line for a possible Triple Crown. On the other hand, the Preakness Stakes usually gets lost in the shuffle.

Passionate fans of the sport, especially chalk players, love the Preakness as it usually is the most formful of the three races. In fact, the favorite has won seven of the last nine runnings, including Rachel Alexandra's historic victory over the boys last May.

Nevertheless, the race isn't run just for the betting choice's benefit. Longshots have fared very well this decade when it comes to rounding out the exacta.

Two years ago, 39-1 Macho Again finished second behind Big Brown, and in 2005, Scrappy T, the co-seventh choice, filled out a $152.60 exacta in back of the favored Afleet Alex.

When Funny Cide rolled to a 9 3/4-length score in 2003, Midway Road, the next- to-last longshot, held off third choice Scrimshaw by three-quarters of a length to complete a $120.60 exacta, and one year earlier, the locally-trained three-year-old Magic Weisner rallied for second behind War Emblem. The 45-1 shot combined with the winning favorite for a $327.00 payout.

If you like a longshot in this year's field, don't be fearful of betting him underneath the top two favorites.

Speaking of the Run for the Roses, after three straight years (2002-2004) of Derby winners capturing the second leg of the Triple Crown, only one has crossed the wire first at Pimlico since and that was the heavy 1-5 favorite, Big Brown.

Everyone remembers the tragedy that befell Barbaro in the 2006 running, and the following year, Street Sense failed to hold off the late charge by Curlin.

Not many folks expected Mine That Bird or Giacomo, the two 50-1 Derby winners, to come right back two weeks later and be draped with the Black-Eyed Susans, especially at 6-1 odds, but they both hit the board with the former running a game second to Rachel Alexandra and the latter finishing third behind Afleet Alex and Scrappy T.

Horses coming out of the Derby have won the Preakness 23 of the last 26 years, so on the surface, the odds look pretty sweet that Saturday's winner will be one of the five colts that raced at Churchill Downs on May 1. However, non- Derby horses have taken two of the last four as Bernardini and Rachel Alexandra crashed the party in 2006 and 2009, respectively.

My advice is to bet the horse with the best chance of winning, regardless of where he made his last start.

PREAKNESS TOSS-OUTS

Jackson Bend has finished first or second in nine of 10 career starts. However, his lone poor effort came on the biggest stage in the Kentucky Derby. The Nick Zito-trained colt had a decent trip in the Run for the Roses, but faltered late finishing 19-lengths behind Super Saver.

The son of Hear No Evil was bred to be a miler and it showed two weeks ago when he ran his final quarter-mile in 30 seconds flat. Harness horses come home faster than that!

Look for Jackson Bend to sit much closer to the pace on Saturday, but it's extremely doubtful he'll keep up with the other front runners through the stretch.

Due to his nose loss to Ice Box in the Florida Derby, Pleasant Prince lacked the graded earnings necessary to enter the Kentucky Derby. Nonetheless, his owner, Kenneth Ramsey, tried every which way possible to get the colt into the Churchill Downs starting gate, racing him twice in the month of April. Unfortunately, the plan backfired since Pleasant Prince lost by over nine lengths in both starts.

Most owners and trainers that skip the Derby and aim towards the Preakness do so to have a fresh horse on the third Saturday in May. However, Pleasant Prince does not fall into that category as this will be his third start in the last five weeks.

D. Wayne Lukas has won the Preakness five times, but the last came over a decade ago. He'll have a pair of colts in the 2010 running, one year after his Flying Private ran fourth at 25-1.

Northern Giant comes into the race off a last place finish in the Arkansas Derby. His two best races came in his two prior starts - the Risen Star (third) and Lane's End (second), but the winners of those two races - Discreetly Mine and Dean's Kitten - finished 13th and 14th in the Kentucky Derby.

Northern Giant has no business being in the starting gate.

Dublin, his other Preakness starter, ran very well underneath the Twin Spires finishing seventh, beaten 7 1/2-lengths. Breaking from post 17, the son of Afleet Alex was well back early on before making a powerful run around the far turn closing to within two lengths of the lead.

However, he ran like a very tired horse through the stretch, bearing in and out before faltering late. In addition, his bold middle move was obviously helped by the fast pace set by both Conveyance and Sidney's Candy.

Dublin will put forth another decent effort but the 1 3/16-mile distance will prove too much for him to handle.

First Dude is another horse that will have trouble getting the 9.5-furlongs. In his two graded stakes attempts at 1 1/8-miles, he dropped back a combined 7 1/2 lengths in the final two furlongs.

The son of Stephen Got Even did have to steady at the top of the stretch in the Florida Derby, but he still finished more than six lengths behind Ice Box and Pleasant Prince. In the Blue Grass, he ran close to the pace early on, only to finish third, beaten over five lengths by Stately Victor.

The only chance First Dude has of finishing in the money is if he changes his running style from stalker to closer, but based on his last workout it's doubtful there'll be any transformation. The bay colt fired off a 1:00 3/5 bullet work at Churchill Downs, hitting the three-furlong marker in a brisk 35 1/5.

Like his former boss D. Wayne Lukas, Kentucky Derby-winning trainer Todd Pletcher will have two colts on the track this Saturday.

Dogwood Stable's Aikenite joins Super Saver in Pletcher's quest to win his first ever Preakness Stakes, a race he's 0-4, including a last place finish in 2009 with Take the Points.

Aikenite, who has not won since breaking his maiden last August, has two in- the-money finishes this year along with a pair of clunkers. The colt does his best running from off-the-pace as witnessed by his exceptional efforts in last year's Hopeful Stakes and Breeders' Futurity, along with a second-place finish in the recently run Derby Trial. However, like many colts in the field, the final furlong will be his undoing.

Stay tuned later in the week for more analysis and predictions.

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Horse Betting

(This is an update of a sportsbook for the May 4th issue of ESPN The Magazine).

The Kentucky Derby's post-position draw happened on Wednesday. And, as is always the case, shortly afterwards, a buzz raced around Churchill Downs. It was a low rumble at first, nothing that the squares in the mint julep crowd pick up right away. But by the time the sun set over the twin spires, the chatter was impossible to ignore. Everyone -- sharps, trainers, owners -- was talking about one thing: the wise guy horse, the pre-draw long shot us mopes didn't have on our radar until it was too late.

"You think you're hearing the scoop," says handicapper Lane Gold. "Then you get to the window, the odds are short, and you missed it."

Recognizing a wise-guy horse early is as hard as picking a Derby bonnet. That's because handicappers don't like hype (see ya, I Want Revenge). They want Thoroughbreds who look good losing prep races like the Santa Anita Derby. They eye horses who ate up the field after starting wide or made an easy transition from synthetic tracks to dirt. They look for ponies who showed muscle gain race to race and those who ran hard after several weeks' rest.

"A wise guy," says John Avello, a bookmaker at Wynn Las Vegas, "looks for a horse who can improve."

When I first wrote Horse Betting for The Mag, which I turned in a three weeks before Wednesday's draw, I predicted these three horses had wise guy potential:

CHOCOLATE CANDY (15-1 in mid-April, currently 20-1 according to Avello): His second-place finish at Santa Anita, following a seven-week layoff, proved two things: He can run after resting, and -- by losing a high-profile prep race -- he wouldn't be overhyped.

DESERT PARTY (15-1; 15-1): He was upset in the UAE Derby by a horse he had beaten twice. The public remembers his loss, but the wise guys his wins.

PIONEEROF THE NILE (8-1; 4-1): The big favorite at Santa Anita struggled to win, so he initially got less hype than Quality Road and I Want Revenge.

You may have noticed that the odds on Pioneerof the Nile have been cut in half, from 8-1 to 4-1. Which means the wise guys took a shine to him long before the post-position draw. But, to be honest, this is one of those years with four elite horses getting everyone's attention, squares and sharps alike.

"You're not gonna get a lot of chatter about a horse that isn't in that group, which includes Pioneer, I Want Revenge, Dunkirk and Friesan Fire," Avello told me Wednesday. "We don't have a group of horses behind those top four who look like real legit contenders."

Come Derby week, the final two elements in picking a wise guy horse are how he's working out and what gate he's coming out of.

(By the way, picking a Preakness favorite is a whole different bale of hay, partially based on how horses finish in the Derby. You can see my analysis of who has the best shot at Pimlico on Insider Sunday morning.)

Well, early in the week I Want Revenge, Pioneerof the Nile and Friesan Fire were working out better than anyone. Some thought Friesan Fire, currently 6-1, might have run too fast, burning a five-furlong run in :57 4/5. "When you are running that fast you have the sense that it took something out of him," says Gold. "The Derby is longer than any horse has run, and if they need that extra surge you worry they won't have it because they burned it in the workout."

But, Gold points out, Friesan Fire's trainer is Larry Jones, Two years ago his horse Hard Spun did a five-eighths workout in :57 3/5 and then went on to finish second, behind Street Sense, in the Derby. "Every trainer has different methods," says Gold. "And clearly he knows what he's doing."

Now, as for starting position, Gold says to remember this: Churchill Downs traditionally has 14 starting gates. For the Derby, it brings out auxiliary gates and between the original 14th gate and the new 15th gate, there is a little more space than there is between gates 1-14. "That 15 position will give you a precious second or two to sort out what's happening to your inside," says Gold. "Sixteen is also okay because you can follow the horse in front of you."

Dunkirk, one of the race favorites, is coming out of gate 15. In 16 is Baffert's Pioneerof the Nile. I Want Revenge drew 13, where Smarty Jones won from in 2004, and Friesan Fire picked the sixth position. "He doesn't have a lot of speed to the inside of him," says Gold. "So he will get a clear shot to be near the front."

All the jibber-jabber means this: Pioneerof the Nile has leapfrogged from 8-1 to being the second favorite, along with Dunkirk, behind I Want Revenge. Meanwhile, Friesan Fire, with a good trainer, a strong week of training and a decent post position, is still at 6-1. "By Saturday, it's possible he could go from fourth to the favorite," says Gold.

In other words, meet Friesan Fire, your 2009 wise guy horse.

"Now," says Avello, "it's time for action."

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