The 151st running of the Preakness Stakes will take place this Saturday, May 16th at Laurel Park in Laurel, Maryland (due to construction at Pimlico Race Course). The race has a post time of 7:01pm ET and will be broadcast on NBC from 4-7:30pm on Saturday.
Golden Tempo, the Kentucky Derby winner, has chosen to skip the Preakness in order to focus on the Belmont Stakes next month, which means there will be no Triple Crown winner this year. A field of 14 is expected to run in this years Preakness, with 5 horses having morning line odds between 9-2 and 6-1, which shows there are several serious contenders in this race.
On this page I will outline our top rated betting site for Oklahoma residents, look at how you can bet on the race from Oklahoma, and provide a simple three step guide you can follow to quickly place your wagers online.
Best Betting Site For Americans
Bovada.lv is our recommended betting site for Oklahoma residents looking to bet on this years Preakness Stakes.
New sign ups at Bovada will receive a welcome bonus of 50% of your first deposit up to $250.
Preakness Stakes Betting in Oklahoma
It is not currently legal to operate a sportsbook in the state of Oklahoma.
That said, Oklahoma residents can still place bets through offshore sportsbooks that are licensed and regulated outside of the US. Bovada.lv falls into this category as an offshore sportsbook that accepts bettors from Oklahoma and is taking bets on The Preakness.
Oklahoma residents can also place simulcast bets on the Preakness at Oklahoma race tracks such as Remington Park.
2026 Preakness Stakes Odds
Here are the fixed winner odds for the 2026 Preakness Stakes from Bovada.lv (odds from May 13th):
Chip Honcho and Iron Honor are the two favorites according to the fixed odds betting market, while Taj Mahal, Incredibolt, and Ocelli are all right there as legitimate contenders as well.
Bet On The Preakness – 3 Step Guide
Follow this three step tutorial to place your Preakness bets online.
Step 1. Join Bovada.lv
Click the above link and complete the sign up form to open your Bovada account.
Step 2. Deposit
After logging into your Bovada account click the ‘Deposit’ link under your account drop down menu. Choose one of the deposit options, enter the deposit amount, and follow the instructions for your chosen method to fund your account.
Bovada accepts deposits through Visa, Mastercard, American Express, Bitcoin, Ethereum, and more. You can also cash out your winnings by bank wire or check.
Step 3. Place Your Preakness Bets
You can bet on The Preakness through either the Sports or Horses sections of Bovada.lv.
The Sports section allows you to bet on the race winner at fixed odds, while the Horses section provides the full variety of horse race betting options (win/place/show, exacta, etc.) The bets placed in the Horses section use the parimutuel betting system, which means the odds will be determined by the amount wagered on each outcome relative to the amount in the betting pool.
Sportsbook (Fixed Odds)
- Click ‘Sports’ from the top menu bar.
- Open the ‘All Sports’ drop down menu and select ‘Horses Futures & Props’.
- Select the odds of the Preakness Stakes bet you want to place.
- Enter your risk amount on the Bet Slip and click ‘Place Bet’ to make your wager.
Racebook (Parimutuel Betting)
- Click ‘Horses’ from the top menu bar.
- Open the ‘All Tracks’ drop down menu and select ‘Laurel Park’.
- Scroll to race #13 on May 16th to find the Preakness.
- Select the bets you want to make and click ‘Add To Betslip’.
- Enter your Stake amounts on the Bet Slip and click ‘Place Bets’ to lock in your wagers.
Ready to bet? Click here to visit Bovada.lv.
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