Betting guide for the 142nd Preakness Stakes

Welcome to ESPN Chalk's betting preview for the 142nd running of the Preakness Stakes, where we take a look at every horse in the field, in order of post position, and analyze where the value lies.

If you were looking to make a big score in the Triple Crown, that opportunity has come and gone, as the Kentucky Derby again yielded some large payoffs despite the favorite winning yet again.

The Preakness has been relatively predictable over the past few years, as the first or second betting choices have won 14 of the 16 renewals, including Triple Crown winner American Pharoah in 2015. But what has made the Preakness an attractive race to bet is the fact that long shots have been able to run second.

Always Dreaming is undoubtedly the horse to beat on Saturday. His Derby victory was impressive and marked his fourth straight triumph, all since switching to trainer Todd Pletcher's barn last year. But to turn around in two weeks and duplicate that effort is far from a sure thing.

Let's look at the field:

Chris Fallica's guide to the field

1. Multiplier (Trainer: Brendan Walsh, jockey: Joel Rosario); morning line: 30-1

The Illinois Derby winner has improved each race, and his running style suggests he could pick up a minor share. Connections often outrun their odds, but I think a win here could be asking too much; third or fourth wouldn't be out of the question. He certainly shouldn't have as long odds as Term of Art or Senior Investment.