The Preakness Stakes is set to take place this Saturday, May 20th at Pimlico Race Course in Baltimore, Maryland. Kentucky Derby winner, Mage, will enter the race as the 8-5 morning line favorite as he hopes to keep his Triple Crown potential alive with a win. **With First Mission scratching, Mage’s true odds are likely much shorter than the 8-5 morning line.
The Preakness Stakes is a big day for betting and I’m expecting a lot of first time bettors will be looking to get action on the Preakness. For this reason I wanted to add this page to help Minnesota and Wisconsin residents quickly and easily place bets on the 2023 Preakness Stakes.
On this page I will recommend our top rated betting site, look at the Preakness Stakes odds, touch on betting on the race from Minnesota or Wisconsin, and finish up with a simple 3 step tutorial explaining how to get your Preakness Stakes bets placed online.
Best Betting Site for Americans
BetOnline.ag is the betting site we recommend for Minnesota and Wisconsin residents looking to bet on this years Preakness Stakes. BetOnline has served the US betting market since 2004 and has become the most popular and trusted sportsbook for Americans in that time.
BetOnline offers new players a risk free $25 horse racing bet which can be used on the Preakness Stakes and a 9% rebate on daily horse racing wagers. These promotions are in addition to the 50% up to $1000 first deposit bonus offered to new players. See our full BOL review here.
2023 Preakness Stakes Odds
Here are the fixed odds (and post positions) for the Preakness Stakes from BetOnline.ag (odds taken on May 19th):
You can find the current odds in the ‘Sports’ section of BetOnline.ag by opening the ‘Horse Racing’ drop down menu and selecting ‘Horses Daily’ -> ‘Pimlico’.
Mage is the favorite to win the race with odds of -140. National Treasure (+270), and Blazing Sevens (+700) are the other top contenders in the small field of 7 horses.
Preakness Stakes Betting in Minnesota and Wisconsin
Neither Minnesota or Wisconsin has legalized and regulated sports betting in their state. This means it’s not legal to operate a sportsbook within either state.
That said, Minnesota and Wisconsin residents are still able to join and place bets through online betting sites that are licensed and regulated outside of the USA. BetOnline.ag is a site that accepts players from everywhere in the USA, including Minnesota and Wisconsin, allowing you to bet on the Preakness Stakes from the comfort of your home.
Bet On The Preakness – 3 Step Guide
Follow this three step guide to get your Preakness Stakes bets placed online within minutes.
Step 1. Join BetOnline.ag
Click the above link, select ‘Join Now’ on the home page, and complete the sign up form to open your account.
Step 2. Deposit
Log into your BetOnline account and click the green ‘Deposit’ button. Select your preferred deposit method and your deposit amount, then follow the instructions to proceed with the deposit.
BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum and many more deposit/withdrawal options.
Step 3. Place Your Preakness Stakes Bets
Sportsbook (Fixed 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 are betting on to add it to your Bet Slip.
- Enter your wager amount on the Bet Slip and click ‘Place Bet’ to lock in the bet.
Racebook (Parimutuel Odds)
- Click ‘Racebook’ from the top navigation bar.
- Open the ‘American Thoroughbred’ drop down menu and select ‘Pimlico’.
- Select ‘May 20’, race #13 (post time 7:01pm EST), and your bet type (straight, exacta, trifecta, etc.).
- Enter your bet amount next to the horse(s) you want to bet on and click ‘Add To Bet Slip’.
- If you are happy with your bets click ‘Submit All Bets’ on the Bet Slip to lock in the wagers.
Ready to bet? Click here to visit BetOnline.ag.