How To Bet On The 2024 Preakness Stakes From Canada

It’s Preakness week! The Preakness Stakes is set to take place this Saturday, May 18th at Pimlico Race Course in Baltimore, Maryland. The Preakness will be broadcast on NBC from 4:30pm to 7:30pm EST on race day.

Mystik Dan won the Kentucky Derby a couple weeks back, is the favorite with morning line odds of 5-2 as he looks to win the Preakness and keep his shot at the Triple Crown alive. Muth, who did not compete at the Kentucky Derby, was the 8-5 morning line favorite, but he was scratched from the race on Thursday due to a fever, leaving Mystik Dan with a great chance at the win.

On this page you will find our top rated betting site for Canadians looking to bet on the Preakness Stakes, the current odds from that sportsbook, and a straight forward 3 step guide showing you how to quickly get your Preakness bets placed online.

Best Preakness Stakes Betting Site for Canadians

Bet Now
  • Exclusive to Canadians
  • Easy deposits & withdrawals including Interac and Bitcoin
  • Wide variety competitive of betting lines
100% up to $400 is our top rated sportsbook for Canadians looking to bet on the Preakness Stakes.

Bodog is offering fixed winner betting lines for the Preakness Stakes in their sportsbook, and the full selection of horse race betting options (win/place/show, exacta, trifecta, etc.) in their Racebook.

I will be using Bodog for both the odds and our 3 step tutorial for betting on the Preakness below.

Preakness Stakes Winner Odds

Here are the fixed winner odds and post positions for the 2024 Preakness Stakes. The screenshot below was taken from the Bodog sportsbook on May 16th. You can find the current odds at by opening the ‘All Sports A-Z’ menu and select ‘Horses Futures & Props’.

As you can see with Muth scratched, Mystik Dan is a significant favorite, while Catching Freedom, Tuscan Gold, and Imagination are all top contenders.

Bet On The Preakness From Canada – 3 Step Guide

Follow these three steps to bet on the Preakness Stakes online within minutes.

Step 1. Open a Account

Bodog is our #1 recommended site for Canadians interested in betting on the Preakness.  They are entirely focused on the Canadian market which means their bet offerings, banking options and customer service are all geared towards their Canadian customers.

Click the above link and complete the overlay sign up form to open your account.

Step 2. Deposit Funds

Bodog accepts Interac e-Transfer (recommended), Visa, MasterCard, Bitcoin, Ethereum, and more.

Select the ‘Deposit’ button under your Bodog accounts drop down menu, select one of the deposit options, enter the amount, and follow the instructions to fund your account.

All of the deposit/withdrawal options are geared towards Canadians, so it’s very easy to get money into and out of Bodog if you live in Canada or have a Canadian bank account.

Step 3. Place Your Preakness Stakes Bets

You’re now ready to place you bets on the Preakness Stakes.

Race Winner (Fixed Odds)

You can bet on the race winner at fixed odds in the ‘Sports’ section of Open the ‘All Sports A-Z’ menu and select ‘Horses Futures & Props’ to navigate to the Preakness Stakes winner odds.

Select the odds of the horse you want to bet on. Enter your risk amount on the Bet Slip, and click ‘Place Bet’ to make your wager.

Bodog will also have several Preakness Stakes prop betting markets available during race week.

All Horse Race Betting Options in Racebook (Parimutuel Betting)

You can bet on the full variety of horse racing wagers through the ‘Racebook’ section of the site.  The bets placed in the Racebook section of the site use the parimutuel betting system.

Select ‘Horses’ from the top menu bar of the Bodog website, open the ‘All Tracks’ drop down menu and select ‘Pimlico’ and race #13 (post time 7:01pm ET) for the Preakness (or select ‘Preakness Pari-mutuel’ from the All Tracks menu).

Select the bet type (straight, exacta, trifecta, etc) and make your selections to add them to your Bet Slip. Enter your risk amounts on the Bet Slip and click ‘Place Bets’ to lock in the wagers.

If you’re new to betting on horse races check out our horses betting section for a quick rundown on the different bets you can make.

That’s it. Ready to bet on the Preakness Stakes?  Click here to bet at

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