Update: Flying Private

Heading into the 134th running of the Preakness Stakes, Flying Private remains a massive long shot to win at 50/1 odds.

Bet The 2009 Preakness

When oddsmakers from online sports book SPORTSBETTING.COM released the opening odds for the 2009 Preakness, Flying Private was a midrange long shot at 16/1. But as the post time draws near, Flying Private’s odds are rising and have no reached 50/1.

Mine That Bird was a 50/1 long shot when he won the Kentucky Derby, so maybe Flying Private’s 50/1 odds will bring him some luck. Then again, he hasn’t run particularly well in his last two races, finishing 19th at the Kentucky Derby and fifth at the Arkansas Derby on February 11.

Flying Private joins Tone It Down (42/1), Terrain (30/1) and Take The Points (25/1) as the long shots entering the Preakness. They’ll have their hands full running against 8/5 favorite Rachael Alexandra, and 2009 Kentucky Derby winner Mine That Bird, who has short odds at 6/1 odds.

The 2009 Preakness Stakes takes place today at the Pimlico Race Course in Baltimore, Maryland. For complete odds see below, and for general information about this year’s race, be sure to check out our 2009 Preakness Stakes Viewing Guide.

2009 Preakness Stakes Odds – Saturday, May 16 – Pimlico Race Course – Baltimore, Maryland

Big Drama 9/1

Flying Private 50/1

Friesan Fire 8/1

General Quarters 22/1

Luv Gov 45/1

Mine That Bird 6/1

Musket Man 10/1

Papa Clem 10/1

Pioneerof The Nile 5/1

Rachel Alexandra 8/5

Take The Points 25/1

Terrain 30/1

Tone It Down 42/1

Bet The 2009 Preakness

Posted: 5/16/09 12:00AM ET

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