While it may be tempting to bet the chalk at the 2021 Preakness Stakes, history has taught us that long shots stand a strong chance of finishing in the top four. Over the last 10 editions, a horse listed at 25-1 or longer has hit the board five times. Over that same span, horses with Preakness odds of 15-1 or longer have made the trifecta eight times. The mere fact that a horse is a part of the 2021 Preakness Stakes field should tell you that he has a chance, no matter the 2021 Preakness Stakes odds he faces.

Post time for the 2021 Preakness Stakes is at 6:47 p.m. ET on Saturday from Pimlico Race Course. The biggest underdog is France Go de Ina (20-1), while the favorite in the latest Preakness Stakes odds 2021 is Midnight Bourbon at 5-2. Half of the 10-horse 2021 Preakness Stakes field has odds of 12-1 or longer for the middle jewel of the Triple Crown. With so much to consider, you'll want to see what SportsLine's Jody Demling has to say before entering any 2021 Preakness Stakes picks or predictions of your own.

A fixture in the horse racing world who has been writing about, talking about and betting on races for years, Demling enters the 2021 Preakness Stakes after a major heater in 2020: At one point last year, he picked the winners of six straight races: the Saudi Cup, Gotham Stakes, Rebel Stakes, Louisiana Derby, Florida Derby and Belmont Stakes.

This is the same handicapper who has called the Preakness winner nine times in the last 16 years. In last year's Preakness Stakes, Demling nailed the Swiss Skydiver-Authentic exacta. He also correctly faded 2020 Kentucky Derby winner Authentic in the Preakness a year ago, saying "it's a lot to ask to come back after that performance in the Derby less than a month ago."

He opened last season's Triple Crown schedule on a heater too. At last year's Belmont, Demling said Tiz the Law was clearly the class of the field, and Barclay Tagg's horse pulled away for a convincing 3 3/4-length victory. Anyone who has followed him is up huge.

Now, with the 2021 Preakness Stakes lineup taking shape, Demling is sharing his picks and predictions at SportsLine. Go here to see them.

Top 2021 Preakness Stakes predictions

One shocker: Demling isn't picking Medina Spirit to win the Preakness Stakes 2021, even though the colt just won the Kentucky Derby. Regardless of what happens with the Kentucky Derby win, a therapeutic medication was found in Medina Spirit's system.

In addition, Medina Spirit will have to navigate a quick turnaround, an x-factor he's unfamiliar with. His shortest time in between races is 22 days, which was in preparation for a one-mile run in January that he didn't win. Now, he'll have to recover in just 14 days for a 1 3/16-mile race, doing so without trainer Bob Baffert, who has been in California all week. There are too many factors going against Medina Spirit and Demling doesn't see the horse as having what it takes to win the Preakness 2021.

How to make 2021 Preakness States picks, bets

Instead, Demling is especially high on a long shot who "will be coming" down the stretch at Pimlico. Demling is sharing which horse it is, along with his entire projected leaderboard, over at SportsLine.

Which horse wins the Preakness Stakes 2021? And which huge underdog is a must-back? Check out the latest 2021 Preakness Stakes odds below, then visit SportsLine to see Demling's picks for the Preakness Stakes.

2021 Preakness Stakes odds

Midnight Bourbon 5-2
Medina Spirit 3-1
Concert Tour 4-1
Crowded Trade 8-1
Unbridled Honor 11-1
Keepmeinmind 12-1
Ram 12-1
Rombauer 12-1
Risk Taking 12-1
France Go De Ina 20-1