The term ‘ Triple Crown’ comes from the 1930s, when Charles Hatton, a columnist for the Daily Racing Form began used the term triple crown in reference to the three races - Kentucky Derby, the Preakness Stakes, and the Belmont Stakes.

Three days after Sovereignty won the Kentucky Derby, the thoroughbred’s owners announced they would skip the Preakness Stakes with a plan to compete in the Belmont Stakes on June 7. While the extra rest might improve the colt’s odds for a win,

The 150th running of the Preakness Stakes takes place Saturday at Baltimore's Pimlico Race Course. This guide covers the best Preakness betting apps, types of bets you can place, and 2025 Preakness Stakes betting odds.