Preakness Stakes Results 2011 (Official Payout Results)

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09/07/2011 10:47 PM
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Preakness Stakes Results 2011 (Official Payout Results)

05/21/2011 1:51 PM · RJ_Bell

Saturday (May 21, 2011) was the 136^thrunning of the Preakness Stakes at Pimlico in Baltimore, Maryland. The race was broadcast by NBC (race time scheduled for 6:19 PM ET) with official Preakness Stakes results and payouts announced soon after.

2011 Preakness Stakes Results and Preakness Stakes Payouts:

Winner: (5) Shackleford 27.20 | 10.20 | 6.80
Second: (11) Animal Kingdom x | 4.20 | 3.60
Third: (1) Astrology x | x | 8.00

Exacta: 5-11 $114.80
Trifecta: 5-11-1 $1,401.80
Superfecta: 5-11-1-10 $6,212.60

How to read the betting toteboard? More than a few causal horse bettors do not understand how to read horse racing results. Basic info includes "win odds" for each horse. Typically payouts are quoted for every $2 wagered. Before the race the payouts are estimates - official results that are actually paid out are only available once the race is complete. Payoffs are rounded to the nearest dime or nickle (depending on the track). Rounding is termned "breakage" - and is an advanced horse racing results topic.

To determine the exact win odds on a horse, you will require figures beyond those provided by the toteboard - that is, total win pool and amount bet on each horse. Before payout, the track removes it's "take" - typically 15%-20%. So, exact odds are calculated by subtracting the take from the pool minus amount bet on horse in question divided by the amount bet by the player. (rounded off to the nearest dime or nickle).

Feedback: Comment below on how your betting turned out on the 2011 Preakness Stakes . . .

Sports bettors take note! The typical horse racing hold can by over four times as much as the 11-10 "vig" on sports. (Create a free Pregame.com account and receive $25 - no small print - then pick baseball games and win $10,000 in cash).

Movie

Kentucky Derby, Preakness, and Belmont Triple Crown Handicapping
(see all videos at www.Pregame.tv)

Dave Tuley from The Daily Racing Form and Pregame.com's Marco D'Angelo discuss how to handicap for the best Triple Crown betting results.

Topics: Preakness Stakes Results 2011 betting preakness stakes payouts Other Sports

RJ_Bell

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RJ Bell is the founder of Pregame.com – a two-time INC. 5000 company, as well as the largest American digital media organization covering Las Vegas news and odds. Pregame is the exclusive odds provider... Read more