Should you bet on Nyquist to Win the 2016 Preakness?

Posted by Aaron . on May 10, 2016 in

The undefeated Nyquist was put to the test in the biggest race of his career so far, and he did not disappoint, pulling away down the stretch to claim a crucial win in the 2016 Kentucky Derby on Saturday. With one win down in the first leg of the Triple Crown race, Nyquist has been installed as an early horse race betting favorite in the 2016 Preakness Stakes, which will be held on Saturday, May 21, at Pimtralico Race Track in Baltimore.

Should you bet on Nyquist to Win the 2016 Preakness?

 

 

Here are all the current betting odds to win the 2016 Preakness

 

  • Nyquist 5/7
  • Exaggerator 9/2
  • Stradivari 12/1
  • Gun Runner 14/1
  • Suddenbreakingnews 14/1
  • Creator  16/1
  • Destin 16/1
  • Mor Spirit 16/1
  • Dazzling Gem 20/1
  • Outwork 20/1
  • Cherry Wine 25/1
  • Collected 25/1
  • Swipe 25/1
  • Awesome Speed 33/1
  • Fellowship 33/1
  • Lani 33/1
  • Uncle Lino 33/1
  • Laoban 40/1

 

Nyquist, who is 3-0 in 2016, is yet to lose any of his eight career races, making him a hot pick in the early odds to win the 141st running of the Preakness Stakes.

The biggest reason in his favor is the fact that Nyquist was the fourth straight favorite to win at Churchill Downs and three of the last four winners of the Kentucky Derby have also won the Preakness Stakes. If history holds true, Nyquist should thus be a hot candidate to win the Kentucky Derby and the Preakness, just like American Pharoah in 2015, California Chrome in 2014, and I’ll Have Another in 2012.

Even more notably, Nyquist’s trainer Doug O’Neill and Jockey Mario Gutierrez won their second Kentucky Derby, four years after they teamed up with I’ll Have Another in 2012 to win the Kentucky Derby and Preakness in 2012. With such a history, doing a double of the Churchill Downs and Pimlico in 2012 should thus be within the strong realms of possibility for the looking-good trinity of O’Neill, Gutierrez and Nyquist.

Of course, it won’t be smooth-sailing for Nyquist, a son of Uncle Mo. As of Monday evening, 10 horses had already confirmed availability for the 1 3/16-mile test in Baltimore, with many others reported to be under consideration for the second leg of the 2016 Triple Crown, including a number of new entrants.

But then again, with an 8-for-8 record, you would be taking a huge gamble by betting on anyone else other than Nyquist to win the 2016 Preakness. Whoever you go for in the 2016 Preakness odds, just remember not to make these rookie mistakes.