The 2026 Preakness Stakes is shaping up to be one of the most thrilling and unpredictable editions in recent memory. With the race temporarily moving from historic Pimlico Race Course to Laurel Park due to renovations, the Middle Jewel of the Triple Crown is set for a fresh chapter. And without Kentucky Derby champion Golden Tempo in the field, the door is wide open for a new star to emerge.

Scheduled for Saturday, May 16, the 151st running of the Preakness Stakes features a 14-horse field of colts and geldings—no fillies this year, meaning the recent trend of female winners (like Swiss Skydiver in 2020) won't continue. The morning-line favorite is Iron Honor at 9-2, but his seventh-place finish in the Wood Memorial raises questions. Close behind at 5-1 are Taj Mahal, Chip Honcho, and Incredibolt, making this a race ripe for value.

History tells us the Preakness can be a bettor's dream. The favorite has won just 49% of the time, leaving plenty of room for longshots to hit the board. That's why exacta, trifecta, and superfecta bets are especially intriguing this year. To help you navigate the chaos, SportsLine expert Jody Demling—who correctly predicted the top three finishers in the 2025 Kentucky Derby and has called 11 of the last 21 Preakness winners—has shared his expert picks for win, place, and show.

Whether you're a seasoned handicapper or a casual fan looking to add some excitement, this year's Preakness Stakes offers a golden opportunity to cash in. With no clear standout, the key is finding the right horses to build your exotics around. Get ready for a race that could redefine the Triple Crown trail.