BALTIMORE -- Kentucky Derby winner Silver Charm Wednesday drew the seventh post position for the 122nd running of the Preakness Stakes, the second leg of horse racing's Triple Crown, and was installed as the 9-5 morning line favorite.

Jack at the Bank, a 50-1 longshot, drew the No. 1 post position.

Silver Charm galloped a strong 1 1/2 miles early Wednesday at Pimlico in Baltimore with regular exercise rider Larry Damore. But trainer Bob Baffert believes it will be next to impossible for Silver Charm to put in as strong a race in the Preakness as he did in the Derby two weeks ago.

"I don't see him running the same race he did in the Derby," Baffert said. "I expect him to take a step back, but Captain Bodgit should take a step back, too."

CAPTAIN BODGIT WALKED THE shedrow in his barn at nearby Bowie for 45 minutes this morning. Trainer Gary Capuano said he was looking for an inside post position for Saturday's race, but that wasn't the case as the Derby runner-up will break from the ninth gate as the second choice at 2-1.

"At Pimlico, inside is better," said Capuano. "It's always best to be inside, mainly because of the tight turns."

The current third choice is Free House, who finished a strong third in the Derby. Free House drew the fourth slot and is listed at 9-2. He will have a new jockey for the Preakness -- Kent Desormeaux, who replaces David Flores.

Trainer Nick Zito also was looking for an inside draw for his horse Wild Tempest, who won an allowance race on Kentucky Oaks Day. Unlike Capuano, Zito got his wish when Wild Tempest drew the second post with odds of 20-1.

"I like him. He looks good," said Zito. "He's a ready horse. We're looking for anything inside."

Saturday's race over 1 3/16 miles will have a field of 10, six of whom did not run in the Kentucky Derby.

THE BEST OF THAT CROP IS Lexington Derby winner Touch Gold, who drew the fifth post and is listed at 5-1. Touch Gold will be ridden by Chris McCarron, who missed the Derby with a shoulder injury.

The latest challenger added to the field was Cryp Too, the son of Cryptoclearance, trained by Allen Borosh and owned by Lauri Hagerty of Massachusetts. Cryp Too got his first look at the Pimlico track this morning, galloping under exercise rider John Madeiros.

"There's not a whole lot of speed in this race, not flashy speed," said Borosh. "If I was another trainer, I wouldn't want to see my horse in the race 'cause he's the kinda horse that could mess your race up. He could get there quick and then set moderate fractions."

Cryt Too will break from the outside 10th post position and was listed at 30-1 in the morning line.

George Steinbrenner, as he has done so often with his New York Yankees managers, fired jockey Carlos Marquez Jr. and will have Mike Smith on his horse, Concerto. Smith will ride Concerto for the first time in a race on Saturday.

CONCERTO, WHICH FADED TO NINTH in the Derby, drew the sixth post at odds of 12-1.

The non-Derby challengers for Silver Charm include Frisk Me Now, who won the Hutcheson Stakes at Gulfstream Park in February at odds of 105-1. Frisk Me Now's last outing was a second-place finish in the Lone Star Derby on April 20th. Frisk Me Now will start eighth at 15-1.

New York owner Robert Perez entered two longshots. Hoxie, which finished 10th in the Wood Memorial, will start from the third post. Jack At the Bank, fifth at the Federico Tesio at Pimlico, drew the post. The entry was listed at 50-1, the longest shot on the board.