Preakness Stakes 2017

BALTIMORE (WJZ) -- Preakness festivities are underway at Pimlico.

Kentucky Derby winner Always Dreaming is looking to bring home his fourth consecutive race at the second leg of the Triple Crown.

RELATED: Always Dreaming Heavily Favored In Early Preakness Wagering

Coverage begins with the undercard races at 2:30 p.m., followed by the pre-race-broadcast at 5 p.m.

Watch WJZ at 6 p.m. for the latest reports from Sports Director Mark Viviano live from Pimlico.

CBS News reports Always Dreaming is favored to win the 3/16-mile race worth $1.5 million, currently going off at 4/5 to outlast the other nine horses in the field and move on to the Belmont Stakes with a chance at the Triple Crown in June, according to CBS Sports.

CBS Sports reports Always Dreaming will face stiff competition, though, especially from new opponents in Cloud Computing (12/1) and Conquest Mo Money (18/1). He will also break from the starting gate next to Kentucky Derby rival Classic Empire (3/1), the horse with the second-best odds.

Here's how the field looks with the early odds from Bovada:

1. Multiplier, 25/1
2. Cloud Computing, 12/1
3. Hence, 20/1
4. Always Dreaming, 5/6
5. Classic Empire, 3/1
6. Gunnevera, 16/1
7. Term of Art, 40/1
8. Senior Investment, 40/1
9. Lookin At Lee, 11/1
10. Conquest Mo Money 18/1

For more information about Preakness and the race CLICK HERE.

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