The odds on Triple Crown races usually don’t move too much due to the size of the wagering pools. However, that wasn’t the case early Saturday when a huge bet turned a long shot into the betting favorite at the Preakness.
Someone on-track in Maryland bet $80,000 on Stradivari to win. The horse is coming off an allowance win by double-digit lengths. That said, he has not been tested for class against the likes of Nyquist and Exaggerator.
The plunge at the window sent Stradivari to the 3-5 favorite. Nyquist, who was even-money in the early betting, popped to 5-2. Imagine getting the Kentucky Derby champ at longer odds than his Run for the Roses victory.
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Exaggerator, who was the 9-5 second choice, jumped to 9-2.