When Can You Bet On The Preakness

When Can You Bet On The Preakness Average ratng: 3,9/5 9430 votes

When you see certain horse races on your calendar, it’s likely that you take notice, even if you are only an occasional fan of the sport. The Preakness Stakes is one of those races, and that’s why Preakness Stakes betting sites are so popular among horse racing bettors. You can make your wagers on this fantastic race using these sites with convenience and ease.

Betting on horse racing is a long-time passion throughout the world. It is one of the few sports where betting has been legal and even encouraged in most jurisdictions throughout its existence. Among the sport’s great races, the Preakness Stakes stands pretty tall, which is why Preakness Stakes betting websites become such an important part of a horse player’s repertoire.

Where Can You Bet the Preakness Stakes Online in the US? If you are interested in betting the 2020 Preakness Stakes, there is something that you should be aware of. Online horse racing betting is not legal in all states within the United States but our list below will show you the ones that have legalized it. Where to bet the Preakness Stakes and race schedule. The 145th Preakness Stakes is set for Saturday, Oct. Here is more information and tips on betting the Preakness Stakes, and how you can watch and wager on this year’s event. Date: Saturday, Oct. BUSR offers Futures Wagers, Match Races and all track betting options for the Preakness Stakes. This year the race will be held on Saturday, May 15th. There are many different ways to place your wager on the Preakness.

Rank
BonusBet Now
1
Betway
up to €30 Free BetGo to Site
2100% up to €122Go to Site
3
Spin Sports
100% up to €200Go to Site
4100% up to €50Go to Site
5
Guts Sports
100% up to €50Go to Site

After all, the Preakness Stakes is one of the longest-running horse races in the entire world, filled with great champions and thrilling performances. It is also important for being one of the three Triple Crown races in America (in this case, the middle leg). It draws intense betting interest from people who visit Maryland to watch the race in person, those who make it to off-track wagering centers, and people who bet online with the best online sites.

If you are new to online betting on horse races, you might not know how to locate those top-notch Preakness betting sites. You might not even know why it’s a big deal at all. Couldn’t you just pick a site at random and hope for the best?

The answer to that is a resounding no. There are a lot of things that can go wrong if you don’t choose one of the best online betting websites to make your wager. You can’t wager with confidence without first knowing that the site you’re using is responsible and reputable.

That’s why you must know the tools to find Preakness Stakes sports betting sites that can be trusted with your wagers. You should also go into the process with certain needs for your online betting that should be satisfied by these sites. If they are, you might find that you use this site for far more wagering than just the Preakness Stakes.

In the following article, we’ll explore how to choose Preakness Stakes online betting sites out of the many available. More than that, we’ll provide you with our own list of the best horse racing betting websites that will give you odds on the Preakness Stakes and meet our own strict requirements. Finally, we’ll give you a primer on what the Preakness Stakes is all about and why it is a race that you’ll want to bet year in and year out.

Choosing Among the Best Preakness Stakes Betting Sites

Where do you begin the process of selecting the top online Preakness Stakes betting websites to make wagers on the race? Well, the best way to start is to look at our recommended sites above. These sites bring you the finest possible experience when you are betting on the Preakness Stakes.

How can you tell that these are the sites that offer odds on the Preakness Stakes? Well, you can trust it because we have already gone through the process of doing the research for you. We know what it takes to build a fine betting website, and we can assure you that the sites listed above meet those requirements.

All of these sites are reputable and time-tested. You might be surprised, if betting online for the first time, just how many Preakness Stakes sports betting websites there are on the internet that give you access to this race. It can be a daunting process to sift through all of these sites and pick a winner on your own.

Our recommended sites should be your starting process when deciding upon Preakness Stakes betting sites you might end up using. You might also encounter certain sites that you think are up to your standards based on certain criteria that you have that aren’t on this list. If that’s the case, you should also consider if they are comprehensive or just fulfill one of your specific needs.

Again, if you are new to betting on horse racing or any other type of sport online, you might not even realize some of the important characteristics of a horse racing betting site. You might go into the process with a specific characteristic that you want out of the site. But you should be looking for sites that satisfy each of the following six requirements:



Some of these qualities might mean more to you than others. And the sites that we’ve listed above might be stronger in certain categories than others. That’s why you should do research on each of the online wagering sites that we have recommended before making the leap to wager with them.

In addition, the sites that you might encounter on your own might be strong in one or two of those areas. But do they meet all six requirements, like we can promise that the Preakness Stakes betting sites that we’ve recommended do?

First, you must understand what all of those qualities mean and how they come into play in the world of online betting. Once you have that down, then you can feel confident that whichever one of the Preakness Stakes online sportsbooks that you choose will allow you to make your wagers with comfort and assurance.

Incredible Customer Service

It’s easy sometimes to get seduced by the flash of a betting operation without first checking out the substance. Something like customer service is by no means flashy and often can be overlooked when it comes to choosing online Preakness betting sites. But it shouldn’t be, as it is actually one of the most important qualities than an online betting website can have.

Simply put, an online betting site with good customer service will be there at every step of the process. In the beginning, they will walk you through the process of depositing your money and creating your account. They will also help you when it’s time to make bets, either on the technical end of the site or in terms of understanding odds and bets for each sport.

The customer service team should also be there to offer you perks to make your gambling dollars that much more valuable. We’ll talk more about how these perks work on Preakness Stakes online betting websites in the section below, but for now, you should know that customer service reps from these sites should be consistently offering you these bonuses. But they should never be pushy about it.

Finally, your customer service rep should be easily reached whenever a problem arises. Problems can range from an issue with the website operations to a discrepancy in payouts from winning bets. Since your money is on the line, these customer service reps should be timely and extremely helpful in their efforts to rectify any of your concerns. ↑ TOP

Compatibility With Many Devices

The gambling app is a relatively new development in the world of online gambling. But it has come in conjunction with the switch to mobile that has swept through the world of technology. And it is also making major inroads at horse racing betting sites around the internet.

The presence of an app is extremely convenient. If you’re only using the online gambling site to bet on that single race, you could plan to be at your computer, go on the website, and make your bet in plenty of time.

But what if you like to bet on lots of different horse races at different times of the day and night? And what about if you like to bet on other sports as well? Very few bettors would be able to do all that while perched in front of a computer for hours on end.

Work and other responsibilities likely keep you on the move throughout the day and night, often with access only to a tablet, smartphone, or other mobile devices. The best Preakness Stakes betting websites allow you the capability of betting with these devices. And if the app is easy to use and navigate, it makes betting on horse racing a snap. ↑ TOP

Variety of Banking Options

Being comfortable with the banking options available to you on your Preakness Stakes betting sites is one of the most underrated aspects of the experience. You might not even realize the hassles that can be caused by a site without a wide variety of choices as options. But you would realize if you went to make a deposit and there was a major problem.

Certain credit cards have regulations that might prevent their customers from using the cards as funding for online gambling-related sites such as Preakness Stakes online betting sites. Although regulations are slowly growing in favor of legalized gambling on all sports, there’s still some cloudiness in the online area. That’s why you might need some flexibility with the cards that the site will accept.

If you’re on the forefront of the technological world, you might be familiar with the concept of cryptocurrency. You might even have dabbled in buying some of these digital coins yourself. Well, did you know that there are Preakness Stakes sports betting websites that allow the coins to fund your account.

Those familiar with cryptocurrency might quickly realize how beneficial this can be for gambling. You’re looking at instantaneous payouts, top-notch privacy, and no chance of any reneging on the part of the site on payment. All of that can be used to your benefit if you choose online horse racing sites that allow these digital coins as payment. ↑ TOP

Trusted Deposits and Withdrawals

Now we are getting into the nitty-gritty about what makes choosing the best Preakness betting sites so important. If you are a regular gambler who will augment your Preakness Stakes betting with other forms of wagering, you will likely have a fair amount of money in play. You will also have the potential of winning significant amounts of money.

Any site that you choose should be beyond reproach when it comes to handling the money of their clients and dealing it out when bets are won. Many newcomer betting sites might not have this reputation that can only be built over years of operation. That’s why you might want to reconsider going with one of the new kids on the block when doing online sports betting of any kind.

The Preakness Stakes betting site that you choose should make very clear its policies on its customers depositing and withdrawing money. They should also be clear about the timing of payments. All of that should either be spelled out on its website or communicated to the customer before any money changes hands.

It’s understandable if a betting site that allows access to the Preakness Stakes requires minimum amounts in an account for deposits or a minimum amount of play before winnings can be collected. What’s not understandable is if the site in question changes its rules or doesn’t reliably follow the ones that they’ve already set. That’s why you should look first at the betting sites we’ve listed above to see if they meet your demands before taking a chance on an unproven site. ↑ TOP

Excellent Gambling Choices

Most people aren’t going to go through the trouble of creating an account at a gambling website just to bet on the Preakness Stakes once a year and call it a day. In most cases, Preakness Stakes sports betting websites will be used for far more than betting on this single race, even as great as it is. And the sites will probably be used by many for far more than just horse racing.

That’s why sites where you can bet on the Preakness Stakes that offer the most betting variety should be on your radar. Let’s start with horse racing. There are a lot of major races in the world, including the other American Triple Crown races (the Kentucky Derby and the Belmont Stakes) that draw extreme betting interest. You’ll likely want exposure to betting on all of them.

You might even want to bet on horse races that take place daily across the country. Many online Preakness Stakes betting sites can promise you that kind of action. But can they also promise you the ability to bet on all major sports on the site as well?

Can they also promise you the chance to do online casino gambling, such as simulated slot machines, poker, video poker, and any other casino game you can imagine? All of that might be on your radar as a gambler. If that’s the case, you should be looking for Preakness Stakes sports betting websites that, quite frankly, go far beyond the Preakness Stakes. ↑ TOP

Strong Bonuses

Our last stop on the tour of qualities that you might demand from your Preakness betting sites is the idea of bonuses. Remember that online gambling sites have to compete with one another for customers. The only way that they can do that is to offer you and other customers bonuses on top of the chances to win bets.

What form do these bonuses take? Well, there can be deposit and reload bonuses, which add a percentage onto whatever you deposit into your account. You also might get treated to VIP perks and free bets depending on the amount that you gamble at a particular site for horse racing.

Most Preakness Stakes betting sites will place restrictions known as “rollovers” onto any offer that they make. Rollovers require you to wager a certain amount before you can collect your winnings. Otherwise, you could conceivably make a deposit with the bonus added on to it and then withdraw it all to pocket the difference.

While rollovers are a standard procedure at betting sites of all stripes, you can look for sites where the rollover requirements are lower than others. You might even find sites that will offer you more aggressive bonuses for betting on horse racing or the Preakness Stakes in particular. The bottom line is that you should do a lot of comparison shopping before settling on any site in particular for your online wagering needs. ↑ TOP

Other Considerations

We’ve given you six different characteristics that you should look for in your Preakness Stakes online betting websites, but you shouldn’t be afraid to mention your own needs. If those needs are reasonable, chances are the sites in question will meet them, especially if the site comes from the list that we have above.

What you should never do is be careless with your choice. That kind of decision can come back to haunt you later. Remember that the world of online betting is not really regulated to a great degree, so you won’t really have much of a way to fight back if you are scammed or cheated by a disreputable betting site.

Now that you have the tools in place to choose wisely from among all of the Preakness Stakes betting sites that you might encounter, we can talk about the race itself. First, we’ll give you some specifics on the Preakness Stakes and what it’s all about. Then we’ll go into the gambling part, in terms of making bets and picking horses. ↑ TOP

Preakness Stakes Facts

  • The Preakness Stakes is run on the third Saturday in May each year at Pimlico Race Course in Baltimore, Maryland. Dating back to the 19th century, it has been in existence longer than most horse races, including the Kentucky Derby. Preakness betting sites might not have been around then, but betting on this famous race has always been a great part of its tradition.
  • The Preakness Stakes is the second leg of American thoroughbred racing’s Triple Crown. It is sandwiched between the Kentucky Derby, held two weeks earlier, and the Belmont Stakes, three weeks later. Rarely does a horse win all three, which is why there is such interest in the Preakness Stakes and betting sites that cater to it, as the public becomes enthralled each year with a potential Triple Crown winner.
  • The race is run at the distance of 1 3/16 miles on a dirt service. It is restricted to only three-year-old horses. And the purse, which tends to rise occasionally every few years to keep up with inflation, is one of the richest awarded to horses of that age.
  • Betting on the Preakness Stakes can be done by those who attend the race in person, which allows them to be a part of what is an unforgettable cultural event. It can also be done at off-track wagering locations throughout the country where horse racing betting is legal. Many people indulge their betting interest by taking advantage of online Preakness Stakes betting sites.

How to Bet on the Preakness Stakes

As we mentioned before, you can bet on the Preakness Stakes in person by attending the event or checking out an off-track wagering site. For those who plan on betting on the race using Preakness Stakes online betting sites, it’s a good idea to understand the process of how to make this happen. It will take some of the mystery out of it, especially for those who might be new to gambling on horse racing.

First of all, you should get to know the horses before betting on this prestigious race. The easiest way to do this is to buy a program or a racing form. Program pages for the Preakness Stakes can usually be found online for free since it is such a popular race.

The program will show all of the pertinent statistical and biographical information you might need to know before betting on Preakness Stakes betting sites.

  • Past performances, including where the horse finished in previous races
  • Brief descriptions of the horse’s performances
  • Speed figures, which put a numerical value on a horse’s performance in a race based on class, track surface, trip, and other factors
  • Pedigree, including the horse’s mother, father, and grandfather
  • Statistical information on the owners, breeders, trainers, and jockeys of each horse

You can use all of that information to help you pick the horse in which you want to bet on Preakness Stakes betting sites. Or you can look at an analysis of the race from professional horse handicappers. There will be no shortage of this with a race like the Preakness Stakes, which commands so much media attention.

Another way that you can pick winning horses on horse racing betting sites is to go back and watch previous races. If you are a big fan of horse racing, you might have been watching to see how the horses have performed all along the way. Since many of the horses that compete in the Preakness Stakes also race in the Kentucky Derby, which is a highly-publicized and popular event, you can certainly get a good feel for one race by watching the other.

Even if you are a novice fan who is coming into the Preakness Stakes fresh, you can still play catch-up. Many previous races are available to watch online at various sites. You can simply go back, get a feel for the performances of each of the horses in the races, and go in confident with your selections for the Preakness Stakes.

As for the mechanics of making your selection, you first have to understand the types of horse racing wagers that you are able to make on Preakness Stakes betting sites. These bets will be similar, in most cases, to the bets that are placed right at the track and have been a part of horse racing for much of its existence. They can be broken down into straight and exotic bets.

Straight bets are distinguished by the fact that you will only be choosing one horse. The most common types of straight bets are:

  • Win: Bet on a horse you think will win the race
  • Place: Bet on a horse you think will finish first or second in the race
  • Show: Bet on a horse you think will finish first, second, or third in the race

With straight bets, you have a pretty good chance if you can zero in on a horse for the Preakness Stakes. In fact, the odds that you will see quoted usually refer to the odds on a horse to win. If your horse is listed at 3 to 1, it means that you will receive three dollars for every horse that you bet if the horse does indeed win the race.

Beyond that, there are the bets that are known as “exotic bets.” Most Preakness Stakes online betting websites that are worth their salt will offer you a wide range of exotic bets, which are characterized as being bets that require multiple horses to be chosen by the bettor. Many horse racing bettors love exotic bets because of the way it allows them the chance to win a lot of money on a small bet.

The most common forms of exotic bets found on Preakness betting sites are:

  • Exacta: Bet on the horses that will finish first and second in the order of finish
  • Trifecta: Bet on the horses that will finish first, second, and third in the order of finish
  • Superfecta: Bet on the horses that will finish first, second, third, and fourth in the order of finish
  • Daily Double: Bet on the winners of two races in a row
  • Pick 3, Pick 4, etc.: Bet on the winners of three races in a row, four races in a row, etc.

As you can see, exotic bets are difficult in that it takes more than one horse to deliver for you. You’ll need to handicap the race, or multiple races, on online Preakness Stakes betting websites beyond just the horse that you think will come in first in the race. That means that you really have to be sharp with your handicapping or at least a little lucky.

The draw of making exotic bets on Preakness Stakes betting sites is that you don’t have to bet a lot to win a lot. If the odds are right and your horses come in the order that you predicted, you have the capability of winning hundreds or even thousands with only a tiny wager. Your chances of winning an exotic bet aren’t the best, but you will be compensated well if you can do it.

One other thing to note about exotic bets is that you can improve your odds for the exacta, trifecta, and superfecta by a tactic known as “boxing.” When you “box” an exacta, for example, you could win no matter which order the top two come in, as long as they are the two you picked. Boxing an exotic bet will require you to wager a little bit more, but it will also make an exotic wager that much more winnable.

Betting Tips on the Preakness Stakes

The Preakness Stakes is raced at the shortest distance of all three Triple Crown races. Horses with great early speed have a much better chance of holding up for the entirety of the race. Keep that in mind when you make your bets for either straight or exotic bets, as these horses could certainly be near the top of the order of finish.

The Preakness Stakes takes place just two weeks after the Kentucky Derby, which is a pretty tight stretch for most Thoroughbreds accustomed to waiting much longer between races. Any horse competing in both the Derby and the Preakness might feel the fatigue. By contrast, horses that have skipped the Derby but are entered into the Preakness could have fresher legs, making them excellent picks on Preakness Stakes betting sites.

Sometimes, the starting location of a horse will have a severe impact on how it completes the race. If a horse is stuck on an outside post, it can get stuck wide around turns. If all else is equal, look for horses that have the better post positions when making your selections on Preakness betting sites.

Conclusion

The Preakness Stakes is not the kind of race you want to miss out on in terms of making your bets. There are so many betting opportunities that are allowed that you can certainly come up with value plays if you play your horses right. But it also means that you’ll need a trustworthy site to make your bet.

By looking over our list of the Preakness Stakes betting sites, you can get a head start on making that selection. You can also look at the necessary qualities of a good betting site to make the choice on your own. In that way, you’ll have a winner of a site so that you can pick your winner of the Preakness Stakes!

On the calendar, the PreaknessStakes is nestled between the Kentucky Derby and the Belmont Stakes horse races. As such, it forms part of America’s famous TripleCrown series, and is second only to the KentuckyDerby in terms of attendance and fame.

Needless to say, the Preakness Stakes calls to fans of horse racing everywhere and brings in crowds in the thousands. In 2019, more than 130,000 people attended. All visitors bask in the spirited atmosphere that fans can only experience at the racetrack.

The “Run for the Black-eyed Susans,” as the Preakness Stakes is nicknamed, is a must-see for US horse racing enthusiasts.

Get a first deposit bonus at TVG to bet on the Preakness Stakes

On Deposit
Use Promo Code LSRTVG

2020 Preakness Stakes runners and odds

Post PositionHorseJockeyOpening OddsMorning Line Odds
1ExcessionSheldon Russell30-1TBD
2Mr. Big NewsGabriel Saez12-1TBD
3Art CollectorBrian Hernandez Jr. 5-2TBD
4Swiss SkydiverRobby Albarado6-1TBD
5Thousand WordsFlorent Geroux6-1TBD
6Jesus' TeamJevian Toleldo30-1TBD
7Ny TrafficHoracio Karamanos15-1TBD
8Max PlayerPaco Lopez15-1TBD
9AuthenticJohn Velazquez9-5TBD
10PneumaticJoe Bravo20-1TBD
11LiveyourbeastlifeTrevor McCarthy30-1TBD

Preakness Stakes special traditions

Many traditions are surrounding the Preakness Stakes.

One of them includes singing Maryland’s official state song “Maryland, My Maryland,” since Baltimore hosts the race.

After the winner of the race is announced, the “painting of the colors” takes place. During this tradition, a painter adds the color of the winning team’s silk to the jock-and-horse weather vane on the peak of the Old Clubhouse.

Black-eyed Susans are Maryland’s stateflower, leading to its “Run for the Black-eyed Susans” nickname. This is also a nod to the Kentucky Derby’s nickname of the “Run for the Roses.” The winning horse is draped with a blanket of Vikingpoms, a type of chrysanthemum, which only adds to the prestige of the event.

Originally, the Preakness Stakes would run before the Kentucky Derby. However, the Preakness has since found its place in the Triple Crown two weeks after the Derby and three weeks before the Belmont Stakes.

From 1932, it has traditionally been run on the third Saturday of May. As such, it is the next big test for the winner of the Kentucky Derby before the final race in the Belmont.

Should the same horse win the Derby, the Preakness and Belmont stakes, the winner can claim the Triple Crown title.

Where to bet on the Preakness Stakes online

Betting on the Preakness Stakes can be a lucrative move for savvy horse racing punters.

Here, we list some of thebest-ranking horse betting sites in the US. All feature guides and easy-to-use interfaces to give you the best chance of betting on a big winner race day.

The sites that we present to you don’t only cover the Preakness Stakes. They include all of the Triple Crown series, as well as other horse races from all around the world. The coverage is a great way to make sure that you never miss betting on that winning race, from the Melbourne Cup in Australia to the Triple Crown and everything in between.

If you’re new to placing wagers on horse racing, don’t worry. These sites are user-friendly and offer tips and tricks to help you place bets for the Preakness Stakes or other races. Not only that, you can compare the betting sites below with other top-rated ones. That way, you know you are always getting the best betting experience available.

Note, however, there are a few states where online betting is illegal. Therefore, make sure you brush up on your local laws before you gamble.

How to bet on the Preakness Stakes

When can i bet on the preakness

Where do you even begin with the Preakness Stakes? It might play second fiddle to the Kentucky Derby, but don’t doubt the sheer popularity of this race.

Punters come from far and wide to lay down a wager on this race. Consequently, you won’t be alone in looking for ways to bet.

Helping you out every step of the way, we explain the three primary ways that you can place a bet on the Preakness Stakes.

Online betting

The rich history of US horse racing and the ancient roots of the sport have made it a beloved pastime. These days, horse racing is a cultural event and entertaining, too. Tracks exist in almost every state. Naturally, where there is a spirit of competition and horses running, you’ll find a way to bet on the outcome.

Up until recently, the only way to bet was at the track. Now, however, you can place your bet online using an internet connection. All you need is a laptop, tablet or smartphone.

Moreover, there are great horse racing betting sites available to place your wager on the Preakness Stakes. Hopefully, these will help you reel in a big win in the process.

Betting at the Teller

The most traditional method of betting on a horse race is at the racetrack itself. When you step up to the counter at Pimlico Race Course for the Preakness Stakes, you are following a tradition set way back in 1873.

If you’re new to the racetrack, this can be intimidating. How can you place your bet and sound like you know what you’re doing? How can you sound confident in your wager? Betting at horse races can be complicated, so here’s what you need to know.

When you step up to the teller, make sure you place your bet in the properorder for maximum efficiency. This concise method ensures that you streamline the process and don’t hold up the line behind you.

The first information the teller needs are the racetrack and the racenumber, especially if you’re watching the race at your local track instead of at Pimlico.

Then, give the amount of your bet, the type of bet that you’ll be wagering and the programnumber for the horse.

Therefore, your bet could sound something like, “Exaggerator, Race Four, $20 to win on No. 3.”

Make sure you keep your ticket safe, though. You will need it to claim your prize if you’ve placed a winning bet.

Off-Track betting

Do you want to bet on a horse race without going online, but can’t make it to the track? Off-track betting (OTB) facilities are your best option.

At an OTB, you can place bets on horses to win, place or show in a secure location. Newcomers to horse racing betting would be shrewd to consider starting with low bets, though. That way, you can subsequently increase the amount spent as your comfort grows with experience race after race.

The Preakness Stakes is a high-energy, exciting race to bet on and has the power to turn dimes into big dollars. Nevertheless, off-track betting is not just an option for this race. It is also available for regular days at the racetrack.

It’s open season when the Preakness Stakes field is announced, so it’s great that you’ve got many ways to jump into the betting action. Online, teller or off track, the choice is yours.

Is betting on the Preakness Stakes legal?

Bettors in the US may be familiar with most of the online gambling laws in the country and how they vary from state to state. However, a lot of people are not aware that betting for horse racing is 100% legal.

At the racetrack, anyone of legal age can place wagers on horse races due to the Interstate Horse Racing Act of 1978.

Later, the UIGEA bill of 2006, or the Unlawful Internet Gambling Enforcement Act, would come about, but make special notes of the legality of horse betting in the US.

When it comes to online betting, 39 states allow legal online horse race betting. In the meantime, nine states prohibit it in the US, although bettors do have options. However, in Connecticut and Washingtonstate, it is entirely illegal to bet within the states.

Also, there are agerestrictions when it comes to betting on horse races in the US, both online and at the track. Some states, for instance, require that bettors be at least 18 years of age, while others need them to be at least 21 years. So, check with your local laws before you head to the track and place that bet.

Offshore betting sites are available to those in the nine states where there are regulations against online horse betting. However, the licensing and regulation of offshore racebooks are outside of US jurisdictions.

Types of bets

The types of bets can be overwhelming for those new to horse race wagering. There are two types: straight and exotic.

  • Straightbets are your standard win, place or show wagers. Meanwhile, exotic bets hinge on the horses placing in a specific order.
  • Exoticbets are more of a risk, and so they offer a higher reward.
  • Win bet is a bet on the horse you think will win outright.
  • Place bet is a wager on the horse you think will place in either first or second.
  • Show bet pays the least of all, is the least risky. It is a wager on the horse you think will finish first, second or third in the race.
  • Exacta bet predicts two horses in the correct order for first and second.
  • Trifecta bet predicts three horses in the correct order for first through third place.
  • Superfecta bet predicts four horses in the correct order for first through fourth place.
  • Super high five bet predicts five horses in the right order for first through fifth place; it pays the most.

Preakness Stakes odds on horses and jockeys

Before the starting pistol fires, you best make sure you’ve backed your favorite horse (or horses) at the Preakness Stakes.

The concern is always that you won’t get the bestodds before the big race kicks off. Worry no more, as we have done the legwork for you.

Take a look below at all the runners and riders at the Preakness, along with where you can get the best odds:

[ODDS TABLE]

Preakness Stakes winners

At the first Preakness Stakes in 1873, Survivor won by a considerable margin of 10 lengths. True to his name, Survivor then continued to hold the record for the greatest margin of victory for a total of 131 years.

It was eventually beaten in 2004 by SmartyJones, who finished with a margin of 11.5 lengths.

For comparison, 2019’s winner, War of Will, won by only 1.25 lengths.

One of the most famous horses in American horse racing history, Secretariat, holds the fastesttime on record for the Preakness Stakes. As possibly the best racehorse in the history of racing as a whole, Secretariat demolished the course in 1:53 in 1973.

The record was only awarded in 2012. Then it was discovered that a timer malfunction had occurred, which required a recalibration and recalculation. The jockey who holds the most Preakness Stakes’ wins is EddieArcaro with six wins in the 1940s and 1950s.

For more information on the Preakness Stakes winners, check out the table below:

[WINNERS TABLE]

How does the Preakness work

Pimlico Race Course in Baltimore, MD, is the second-oldest racetrack in the US. As such, it is one of the most essential places in US horse racing history. It’s earned the name “OldHilltop” over its many years among trainers and race enthusiasts.

Pimlico Race Course hosts the Preakness Stakes at 9.5 furlongs or 1 3/16 miles. It is a 1-mile dirt oval, which can be marvelous on the typical Baltimore sunny day in May. However, as history has proven, rain on race day can slow the field significantly and result in a much sloppier race.

There is also talk that Pimlico cannot host a fair race anymore. It has been statistically proven that the middle lanes offer an advantage to horses that run in the Preakness Stakes. In the past 52 years, there are only two horses total that have won from a position on the rail. Meanwhile, most winners come from post four or farther.

There’s a well-founded fear that the Pimlico racetrack has “run its course” as it fast approaches its 150th birthday.

The location of Pimlico, while traditional, is not suitable for modern crowds. Its facilities are outdated and the track is worn.

Though the 2019 Preakness Stakes did take place at Pimlico, that may be the last Triple Crown Race that the track hosts. The owner, however, has yet to announce whether Pimlico will be completely renovated or shut down permanently.

How to watch and stream the race online

The Preakness Stakes draws a lot of attention in the US horse racing world. In 2019, more than 10 million people tuned in to watch the Preakness Stakes on NBCSports via NBCSN.

It is possible to stream the Preakness Stakes in the future using NBC Sports Live Extra. However, you are required to have a TV provider and a password. Currently, there is no way to stream the race for free, and the only channel that broadcasts it is NBC.

Outside of the US, including Canada and the UK, you’ll need to head to a local streaming service, such as RacingTV, to watch the race unfold online.

History of the Preakness Stakes

The Kentucky Derby is famous for being the longest-running sports event in the US. Nevertheless, it is only on a technicality as the Preakness Stakes began two years before the Kentucky Derby’s debut in 1875.

In fact, the first Preakness Stakes was held at Pimlico Race Course in 1873. However, Preakness took a three-year hiatus beginning in 1891, so the Kentucky Derby holds the record by a single year.

Can You Bet On The Preakness In Arizona

Race named after the first winner

The Preakness Stakes is named after Pimlico Race Course’s first winner, a colt named Preakness, which won the 1870 Dinner Party Stakes.

The name itself, though, actually dates back to the 1700s. The name stems from a region in New Jersey by a tribe of NativeAmericans, Pra-qua-les (or “quail woods”). It has slowly evolved over a century or so to become the Preakness as we know it today.

Milton Sandford, a thoroughbred owner, gave the name to his farms, one of which was located in that same area of New Jersey. Later, the name would be given to a colt of his, which would then go on to win that fateful 1870 race. He was subsequently immortalized in the name of the prestigious Preakness Stakes, courtesy of the Maryland Jockey Club.

The introduction of the Triple Crown

Initially, the Preakness Stakes was run at a distance of 1.5 miles.

In 1925, the current distance of 1 3/16 miles was set after a period of experimentation by the organizers. Also, the date of the Preakness fluctuated for a few years, bouncing from before the Kentucky Derby to — at least on two memorable occasions — actually occurring on the same day as the Kentucky Derby.

The order of the Triple Crown series was officially established in 1932: first is the Kentucky Derby, the second is the Preakness Stakes and the third is the Belmont Stakes. Before 1932, however, the Preakness Stakes was run before the Kentucky Derby 11 times. In 1917 and again in 1922, both races were run on the same day.

Now, the Preakness Stakes is always run on the third Saturday in May, which is two weeks after the Kentucky Derby, and three weeks before Belmont Stakes.

It occurs no time before May 15 and absolutely before May 21 at the latest. Safe to say, that it’s great to see the Preakness Stakes have its position locked down on the horse racing calendar.

When Can You Bet On The Preakness

When Can You Bet On The Preakness

Ties to the Pimlico Race Track

The Pimlico Race Course was the firsthome of the Preakness Stakes. Still, the race has bounced to a few locations outside of Baltimore. The 1890 Preakness took place at New York City’s Morris Park Racecourse in the Bronx. It then spent some time at ConeyIsland at the GravesendRaceTrack starting in 1894, before finally returning to Pimlico.

There is a lot of speculation that 2019 is the lastPreakness that Pimlico will host, which is due to the high cost of renovating the historic racetrack. The current owners are currently considering moving the famous race to LaurelPark instead. We wait with bated breath to see if the move will take place.

The Preakness Stakes started rather modest and inconsistent in terms of distance and location. Nonetheless, it has long held the position of the second most popular horse race in the US and NorthAmerica. The jewel in the Triple Crown, the Kentucky Derby, holds the first place in attendance, while Preakness comes in second.

Can You Bet On The Preakness Online

But let’s be honest, the Preakness Stakes isn’t far off the Kentucky Derby when it comes to all-out horse racing action.