What is the average payout for winning bets on the Preakness Stakes?
The average payout for winning bets on the Preakness Stakes varies depending on the type of bet placed and the odds of the winning horse. For example, a $2 win bet on a horse with 5-1 odds would result in a payout of $12. Similarly, a $2 exacta bet on the first and second place horses in the correct order could result in a payout of several hundred dollars or more, depending on the odds. Ultimately, the payout for winning bets on the Preakness Stakes is influenced by a number of factors and can be difficult to predict with certainty.