1951 Preakness Stakes
The 1951 Preakness Stakes was the 76th running of the $110,245 Preakness Stakes horse race for three-year-old Thoroughbreds. The second leg of the U.S. Triple Crown series, the event took place on May 19, 1951. Owned by Isabel Dodge Sloane's Brookmeade Stable and ridden by future U.S. Racing Hall of Fame inductee, Eddie Arcaro, Bold easily won the race by seven lengths over runner-up Counterpoint. The race was run on a track rated fast in a final time of 1:56 2/5.
For jockey Arcaro, the win was a record fourth time he had won the race.
Payout
The 75th Preakness Stakes Payout Schedule| Program Number | Horse Name | Win | Place | Show |
| 6 | Bold | $10.20 | $6.40 | $4.40 |
| 7 | Counterpoint | - | $16.80 | $7.60 |
| 8 | Alerted | $4.20 |
The full chart
Daily Racing Form Charts| Finish Position | Margin | Post Position | Horse name | Jockey | Trainer | Owner | Post Time Odds | Earnings |
| 1st'' | 0 | 6 | Bold | Eddie Arcaro | Preston M. Burch | Brookmeade Stable | 4.10-1 | $83,110 |
| 2nd | 7 | 7 | Counterpoint | Ray Adair | Sylvester E. Veitch | Cornelius Vanderbilt Whitney | 25.80-1 | $15,000 |
| 3rd | ¾ | 8 | Alerted | Sam Boulmetis Sr. | James Penrod | Hampton Stable | 3.70-1 | $7,500 |
| 4th | 4 | 4 | Timely Reward | James Stout | George M. Odom | Mrs. Wallace Gilroy | 5.00-1 | $3,750 |
| 5th | ½ | 2 | Hall of Fame † | Hedley Woodhouse | John M. Gaver Sr. | Greentree Stable | 2.90-1 | |
| 6th | 1½ | 3 | Big Stretch † | Ted Atkinson | John M. Gaver Sr. | Greentree Stable | 2.90-1 | |
| 7th | 1 | 1 | Knowitall | George Hettinger | Winbert F. Mulholland | Jessie Sloane Widener | 17.70-1 | |
| 8th | 6 | 5 | Repetoire | Pete McLean | Albert Jensen | Mrs. Nora Mikell | 4.00-1 |