How To Bet On The 2024 Preakness Stakes in Illinois – 3 Steps

The 2024 Preakness Stakes will take place this Saturday, May 18th at Pimlico Race Course in Baltimore, Maryland.

Mystik Dan won the Kentucky Derby at the beginning of May, and he will enter the Preakness Stakes as the second favorite with morning line odds of 5-2. Muth, who did not run in the Derby, is the favorite with morning line odds of 5-2.. The Preakness Stakes will be broadcast on NBC from 3:30-6:30pm CT on Saturday. The post time for the race is approximately 6:01pm CT.

On this page I will outline our top rated betting site for Illinois residents, look at the Preakness odds, and outline a simple 3 step guide you can follow to get your Preakness Stakes bets placed online.

Best Sportsbook for Illinois Residents

Bet Now
  • Accepts players worldwide
  • Competitive betting lines
  • Fast & easy deposits and withdrawals (including Bitcoin)
50% up to $250 in Free Bets is our #1 rated betting site for Illinois residents looking to bet on the Preakness Stakes. BetOnline has served the United States market for 25+ years and has become the most popular and trusted offshore betting site serving Americans from everywhere in the country, including Illinois.

BetOnline is offering a $25 risk free horse racing bet to new players (can be used on the Preakness), a 9% horse race betting rebate, and a 50% matching bonus of your first deposit. Rollover requirements do apply. Check out our full review here.

Preakness Stakes Odds

Here are the odds for the Preakness Stakes from Wednesday, May 15th. These are the fixed odds from the sportsbook. I think they are more accurate than the morning line odds you will currently see in the Racebook.

You can find these odds on by selecting ‘Sports’ -> Opening the ‘Horse Racing’ drop down menu -> selecting ‘Horses Daily’ -> ‘Pimlico’.

Preakness Stakes Betting in Illinois

You can also bet on the Preakness Stakes race at any racetracks in Illinois or any Off-Track betting locations in the state. Arlington Park is a great track that offers simulcast betting.

Of course, if you can’t make it to a betting location you can place your wagers online at

Bet On The Preakness from Illinois – Guide

Follow these three steps to bet on the 2024 Preakness Stakes online.

Step 1. Open a Account

Click the above link, select ‘Join Now’ on the home page and fill out the short form to create your account.

Step 2. Deposit

Log into your new account and click on the ‘Deposit’ button. Choose one of the deposit options (Visa, MasterCard, American Express, Bitcoin, Ethereum, etc) and complete the instructions to fund your account.

You can opt-in to receive the 50% matching bonus up to $1000 on your first deposit by entering promo code BET1000 when making your deposit.

Step 3. Place Your Preakness Stakes Wagers

  1. Click ‘Racebook’ from the top menu bar.
  2. Open the ‘American Thoroughbred’ drop down menu and select ‘Pimlico’.
  3. Select ‘May 18’ and race #13 (post time of 7:01pm ET) for the Preakness.
  4. Select your wager type (straight, exacta, trifecta, etc) and enter your bets.
  5. After adding all of your wagers to your bet slip, click ‘Submit All Bets’ to confirm.

Here’s a screenshot from the this years Preakness showing the clicks to place a bet on Muth to win the race:

The odds in the Racebook use the parimutuel betting system, so the odds you see may not be the final odds. The odds will change leading up to the race depending on the amount of money wagered on each horse.

**You can also bet on the race winner through the ‘Sports’ section of the BetOnline website. Open the ‘Horse Racing’ drop down menu and select ‘Horses Daily’ -> ‘Pimlico’ to find the Preakness Stakes odds.

Ready to bet?  Click here to visit

Tagged With :

Leave a Comment