The Preakness Stakes is the second leg of the Triple Crown and is always run two weeks after the Kentucky Derby on the third Saturday in May.  The Preakness is dubbed “The Second Jewel of the Triple Crown” or the “Run for the Black-Eyed Susans”.  Just like the other Triple Crown races, betting on the Preakness Stakes race is extremely popular and fans are all eager to see if the Kentucky Derby winner can prevail again and head into the Belmont Stakes race with a chance at the Triple Crown.  We have recommended three online sportsbooks below for you to bet on the Preakness Stakes.  Every sportsbook you will find recommended here at BetOnIt.org is highly respected and trusted within the industry.

Best Sportsbooks for Betting On Preakness Stakes

Sportsbook
Features
Bonus
Rating
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  • Built for American bettors
  • Wide variety of competitive betting lines
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50% up to $250
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  • Accepts players worldwide
  • Competitive betting lines
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50% up to $1000
3
  • Accepts players worldwide
  • Competitive betting lines
  • Old style website that is easy to navigate
50% up to $1000

How To Bet On Preakness Stakes Online

Betting on the Preakness Stakes is extremely easy, but to make it even more straight forward we have created a quick and easy step by step guide you can follow to get your Preakness bets placed online.

Bet On Preakness Stakes – Step By Step Guide

  1. Sign Up at A Recommended Online Sportsbook – The three betting sites listed above are the best sportsbooks for betting on the Preakness Stakes online.  Click on any of their links and follow the instructions to open an account.  You will only have to provide basic information such as your name, email address and date of birth.
  2. Make A Deposit – Once you have your account set up you will need to make a deposit in order to have some money to bet on the Preakness Stakes race with.  Credit card deposits are generally the most common, but there are always a wide variety of deposit options to choose from and if you run into any trouble customer service will be eager to help.
  3. Place Your Preakness Stakes Bets – You are now ready to make some money betting on this years Preakness Stakes.
    1. Head to the Racebook, select the Pimlico Race Course and the Preakness Stakes race number.
    2. Select the type of wager you want to make (win/place/show, exacta, trifecta, etc.).
    3. Enter your wage amounts for the bets you want to make.
    4. When you are happy with the bets click ‘Place Bets’ to lock in your wagers.

Preakness Stakes Betting Tips

Here a few tips dedicated to the Preakness Stakes race.  For some more general horse race betting tips click that link and scroll down.

  • Similar Race to Kentucky Derby – The winner of the Kentucky Derby has won the Preakness Stakes race 4 of the last 9 years.  That means there is a pretty good chance the Derby winner will also win the Preakness, but you should study the Derby and decide whether the horses win was well deserved or somewhat of a fluke.
  • Bet On Horses That Performed Well at Derby – If a horse performed well, but for one reason or another did not win the Kentucky Derby the horse will have much longer odds than if they had won the Derby.  For example, if a horse has a strong race, but had a poor start or was held up at some point they may be a good choice for at bet at the Preakness.

Preakness Stakes History

The Preakness Stakes horse race began in 1873 and the first race took place at Pimlico race course in Baltimore, Maryland.  The race moved a couple times to The Bronx and Coney Island, before returning to Pimlico in 1909, where the race is still held today.  The attendance at the Preakness Stakes is generally only second to the Kentucky Derby in terms of North American horse races, which also means that Preakness Stakes betting is likely only second to Kentucky Derby betting in terms of wagers.  To learn more about the race check out the Preakness Stakes wikipedia page.