Preakness Day, 2 p.m.

With less than five hours until the Preakness, have you figured out who you are going to bet?

The superfilly, Rachel Alexandra, is currently at 9-5. That is a high risk, low return bet. She may well be the best horse in the race but since she is starting from the 13 hole which will likely result in a tough trip, those are short odds.

The odd thing about the odds is that no horse is above 24-1. (Flying Private and Terrain) Strange considering that there are a few horses that seem way over their head.

The value horses appear to be Papa Clem (14-1), Big Drama (10-1), Friesan Fire (left, 8-1) and Pioneerof the Nile (6-1).

The "wise guy" looks to be the Todd Pletcher trained Take the Points. The colt was 30-1 in the morning line but is now 14-1.

Oh, and the Kentucky Derby winner Mine That Bird is 6-1.