05/16/2012 06:36 EDT | Updated 07/16/2012 05:12 EDT

Bodemeister is 8-5 favourite in Preakness; Derby winner I'll Have Another gets 5-2 odds

BALTIMORE - Bodemeister has been made the 8-5 morning line favourite for Saturday's Preakness.

The colt trained by Bob Baffert set the pace in the Kentucky Derby before being overtaken in the stretch by I'll Have Another, who won by 1 1/2 lengths.

The Derby winner is the second-favourite at 5-2 in the 11-horse field entered Wednesday.

The odds were set Pimlico Race Course handicapper Frank Carulli. The field is the smallest since 2007, when Curlin beat Derby winner Street Sense in a nine-horse field.

I'll Have Another, owner J. Paul Reddam of Windsor, Ont., drew the No. 9 post for the 1 3-16-mile Preakness. A win would give him a chance to become the first Triple Crown winner since Affirmed in 1978. Bodemeister drew the No. 7 post.

Also entered are Tiger Walk (30-1), Teeth of the Dog (15-1), Pretension (30-1), Zetterholm (20-1), Went the Day Well (6-1), Creative Cause (6-1), Daddy Nose Best (12-1), Optimizer (30-1) and Cozzetti (30-1).