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Current Preakness 2011 Odds: Mucho Macho Man Moves To 6/1

UPDATE: With only an hour and a half before the race, Mucho Macho Man has moved up to 4/1 odds. Animal Kingdom is now 5/2, with Dialed in at 7/2.

With the death of Randy Savage, impulse betting for the Mucho Macho Man has spiked. As of this afternoon, Mucho Macho Man has moved to 6/1 odds, giving hope to Slim Jim fans across the nation.

Here's the latest odds for the 12th race at Pimlico, the 136th running of the Preakness Stakes. Click on the horse names for previews of the individual colts.

Astrology 15-1
Norman Asbjornson 30-1
King Congie 20-1
Flashpoint 20-1
Shackleford 12-1
Sway Away 15-1
Midnight Interlude 15-1
Dance City 12-1
Mucho Macho Man 6-1
Dialed In 9-2
Animal Kingdom 2-1
Isn't He Perfect 30-1
Concealed Identity 30-1
Mr. Commons 20-1

I went ahead and picked King Congie to win at the OTB. With a $20 bet, I stand to win $400. Will this happen? Probably not, but I'd rather go down in flames than only get half of my exacta correct.

Our horse racing blog And Down The Stretch They Come has two must-read resources for Derby and Preakness fans: A Beginner's Guide To Following Horse Racing and a glossary of horse racing terms.