The 2023 Preakness Stakes will take place at Pimlico Race Course this Saturday, May 20th.
Kentucky Derby winner, Mage, is the morning line favorite (8-5) as he looks to keep his chance at the Triple Crown alive. The Preakness Stakes will be broadcast on NBC from 4:30pm to 7:30pm EST with the race post time scheduled for 7:01pm EST.
On this page I will outline our top rated betting site for Kansas, Missouri and Nebraska residents, touch on betting on the Preakness in those states, look at the race odds, and finish with a simple 3 step guide you can follow to bet on the Preakness Stakes online.
Best Betting Site for Americans
BetOnline.ag is our recommended betting site for US residents interested in betting on this years Preakness Stakes. BetOnline accepts players from across the United States including Kansas, Missouri and Nebraska.
New sign ups at BetOnline will receive a risk free $25 horse racing wager that can be used on the Preakness Stakes, 9% daily horse racing rebates, and a first deposit bonus of up to $1000.
Preakness Stakes Betting in Kansas, Missouri and Nebraska
It is not currently legal to operate a sportsbook in Missouri. Nebraska did legalize sports betting in May of 2021, but regulated sports betting will likely not be available in the state until 2024. Kansas does have legalized sports betting available in the state after their regulated sports betting market launched in September of 2022.
All of that said, residents of Kansas, Missouri and Nebraska can still bet on the Preakness Stakes through offshore betting sites that are licensed and regulated outside of the USA, while accepting American players. BetOnline.ag, our recommended betting site, falls into this category.
2023 Preakness Stakes Odds
Here are the odds (and post positions) for the 2023 Preakness Stakes from BetOnline.ag (odds taken on May 19th):
Mage is the favorite to win the race, while National Treasure and Blazing Sevens are the other top contenders according to the oddsmakers.
Bet On The Preakness Stakes – 3 Step Guide
Follow these three steps to bet on the Preakness Stakes online.
Step 1. Join BetOnline.ag
Click the above link, select ‘Join Now’ on the home page, and fill out the sign up form to open your account.
Step 2. Deposit Funds
Log into your BetOnline account and click on the green ‘Deposit’ button. Select your preferred deposit method and enter the deposit amount, then follow the instructions to complete the deposit.
BetOnline accepts Visa, Mastercard, American Express, Bitcoin, Ethereum, and more. You can also withdraw any winnings via bank wire or check.
Step 3. Place Your Preakness Stakes Bets
You can bet on the Preakness Stakes through both the ‘Sports’ and ‘Racebook’ sections of BetOnline.ag.
In the Sports section you can bet on the race winner with fixed odds. In the Racebook you can bet using the entire selection of horse race betting options (win/place/show, exacta, trifecta, etc). All bets placed in the Racebook use the parimutuel betting system, which means the odds can change leading up to race time depending on the amount of money wagered on each horse.
Betting through the Sports section is available all week long, while betting through the Racebook is available on race day and a couple days prior.
Before Race Day (Fixed Betting Odds)
- Click ‘Sports’ from the top navigation bar.
- Open the ‘Horse Racing’ drop down menu and select ‘Horses Daily’ -> ‘Pimlico’.
- Select the odds of the horse you like to add the bet to your Bet Slip.
- Enter your risk amount and click ‘Place Bet’ to lock in the wager.
On Race Day (Parimutuel Betting Odds)
- Click ‘Racebook’ from the top navigation bar.
- Open the ‘American Thoroughbred’ drop down menu and select ‘Pimlico’.
- Select the race #13 on May 20th (post time 7:01pm ET) for the Preakness and the type of wager you want to make (straight, exacta, trifecta, etc.).
- Enter your wager amounts on your desired horses and click ‘Add To Bet Slip’.
- When you are happy with your wagers click ‘Submit All Bets’ to confirm.
Ready to bet? Click here to visit BetOnline.ag.
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