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.
Exaggerator, who was the 9-5 second choice, jumped to 9-2.
An $80,000 bet has been placed on Stradivari, who is now your 3-5 favorite! https://t.co/cLLmG1YTSI pic.twitter.com/uA6asxdfn2
— TVG (@TVG) May 21, 2016
Stradivarius violins play sweet music at a huge price. Barring a cancellation of the wager, this bettor is hoping to make a sweet score on the second leg of the Triple Crown.
We'll watch the odds board to see how the day and race plays out.
The odds are changing a bit as of 3:30 ET.
Current Preakness odds pic.twitter.com/4Zm91MJ1px
— Teresa Genaro (@BklynBckstretch) May 21, 2016
Update: Well, that was fun while it lasted. Nyquist is back to the 3-5 favorite and Stradivari has ballooned back to 8-1.
