Best Preakness Stakes Betting Site for 2021

The most popular series of horse races in the US is the Triple Crown. It starts with the Kentucky Derby, which is followed by the Preakness Stakes, and then ends with the Belmont Stakes.

The Preakness Stakes is the second leg, so unless the winner of the Kentucky Derby does not compete, the Triple Crown is still alive. All eyes are on one horse, but there are still plenty of other top thoroughbreds attempting to win the Grade 1 race.

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preakness stakes 2021
Preakness Stakes – May 15, 2021

About the Preakness Stakes

Date: May 15, 2021

Location: Pimlico Race Course, Baltimore Maryland

Length: 1 3/16 miles (9.5 furlongs)

The winner of the race is awarded the Woodlawn Trophy. The Preakness Stakes is also commonly referred to as the β€œThe Run for the Black-Eyed Susans.”

After a winner is declared, a painter adds the silk color of the winning jockey and horse to the weather vane on top of the Old Clubhouse copula.

Pimlico Race Course

How to Bet on the Preakness Stakes

If you have yet to sign up with a horse racing site, look at the operators on our page. You can look through the reviews and determine which site and app will work the best for you.

Before signing up, look at our exclusive new customer offers. Every US horse betting site has a welcome bonus, such as a deposit match of cash back. These can be redeemed by following our links or using promo codes when signing up.

The sign-up process will only take a few minutes. You must verify your identity by providing the last four digits of your social security number. Because of this, you can only use the welcome offer once!

Once you have signed up, you will be ready to make a deposit. US horse racing sites will offer multiple payment methods, such as PayPal, debit card, and online banking, to fund your account.

Preakness Stakes Win, Place, and Show Bets

Win, place, and show bets are the most common betting types in horse racing.

  • Win – Betting on a horse to win the Preakness Stakes
  • Place – Betting on a horse to come in at least 2nd in the Preakness Stakes
  • Show – Betting on a horse to come in at least 3rd in the Preakness Stakes

If you want to bet on a single horse, these are three of the options you have. Of course, you will win more money by selecting the winner.

However, if you want to make a safer pick, you can bet on a horse to show. If they come in 1st, 2nd, or 3rd, you will receive 3rd place money.

You can also make an across-the-board wager, which is making all three of these wagers at the same time. A $2 across-the-board bet would cost you $6.

Preakness Exotic Wagers

All of the following Preakness exotic bets can be placed straight up, meaning that you must pick the exact order of finish. But if you want to box these wagers, the horses can finish in any order, but the bet will cost more money.

  1. Preakness Stakes Exacta Bet – Pick the two horses that you believe will finish 1st and 2nd.
  2. Preakness Stakes Trifecta Bet – Pick the three horses you believe will finish 1st, 2nd, and 3rd.
  3. Preakness Stakes Superfecta Bet – Pick the four horses you believe will finish 1st, 2nd, 3rd, and 4th.

Best Horse Racing Sites for Betting on the Preakness Stakes

So, how do you choose the best horse racing sites for the Preakness Stakes? There are multiple categories that we look at when reviewing a racing site.

Here are just some of the questions that you should consider when choosing a US horse racing site:

  • Are there fee-free options for depositing money?
  • Does it have any Preakness Stakes bonuses?
  • Does it offer live streaming for the Preakness Stakes?
  • Is expert analysis and handicapping included?
  • What are the features?
  • Is the mobile app or mobile browser easy to use?

All of the sites on our page are legal to use. Sites such as PABets and AmWager must follow guidelines, ensuring that all of your personal and banking information. Since offshore racing sites cannot offer these guarantees, we encourage you to sign up for a legal US horse racing site on our page.

Get Your First Single-Horse Win Wager Back

  • Access to over 150 racetracks around the world
  • Using WatchTVG to live stream horse races
  • Expert analysis and free horse betting picks

Preakness Stakes Bonuses

The best horse racing sites for the Preakness Stakes will have bonuses and promotions for the race. All of the Triple Crown race will be heavily marketed by horse racing sites, so you will have chances to earn bonuses after using the welcome offer.

Examples of Preakness Stakes betting bonuses include free bets, insurance, cash back, and more! Be on the lookout for Preakness Stakes betting promo codes as the race approaches.

Preakness Stakes Facts

Here are some fun facts about the previous editions of the Preakness Stakes.

  • The purse has increased from $1,000 in 1873, to reaching $1.5 million
  • Five fillies have won the race, with the latest being Rachel Alexandra in 2009
  • Rachel Alexandra is the only horse to win from the outer mist post (13)
  • The distance was changed multiple times before sticking with 1 3/16 miles in 1925
  • Ten of the last 21 horses to win the Kentucky Derby have gone on to win the Preakness Stakes
  • The fastest Preakness Stakes was run by Secretariat in 1973 (1:54 2/5)
  • Smarty Jones had the largest margin of victory in a Preakness Stakes at 11 Β½ lengths
  • Eddie Arcaro has the most wins by a jockey, winning six times
  • Two trainers are tied with the most wins. R. Wyndham Walden and Bob Baffert both have seven wins

Tips for Betting on the Preakness

Here are some tips to consider before betting on the Preakness Stakes.

Have your account ready

Many people will rush to create an account before popular races, such as the Preakness Stakes. If you have any issues, you will need to contact customer service.

The customer service lines will be very busy in the few days before the race, and especially on the day of. Have your account ready and claim the welcome bonus, rather than waiting until the last second to create an account.

Post position is Important

As stated in the facts, only one horse has won from the outermost post in the Preakness Stakes. See how the horses have run in the past and look at the post position they started from.

Since 2010, no horse has won starting from a double-digit post position.

Pace of the race

The Preakness Stakes is the shortest race of the Triple Crown. But it is still a long race for thoroughbred racing.

Look to see how each horse likes to run. Does a horse prefer to lead the pack? Or do they prefer to come from behind?

Since this is the shortest race, there is much more of a possibility that a horse can set the pace but also finish with the win.

Look at expert analysis

The US racing sites will have handicappers that will provide tons of information on the Preakness Stakes. Do your research and see what the experts are saying.

This is another reason to have your account early. Experts will begin to heavily cover the Preakness Stakes as soon as the Kentucky Derby is finished.

Who sat out of the Kentucky Derby?

The Kentucky Derby is the crown jewel of horse racing. However, some trainers will like their chances better in the Preakness Stakes. Because of that, they will sit out so that the horse is coming into the Preakness fresh.

With some time off before the race, this can create an advantage. Pay Attention to how much the horse has run in the past and their record.

Jockeys and Trainers

Don’t only look at the horse. Jockeys and trainers play a big role in winning the Preakness Stakes.

For example, some jockeys and trainers will have plenty of experience in Triple Crown races. They feel less pressure and have more experience.

Some jockeys will even have great records at Pimlico Race Course, preferring the track over some others.

Betting on the Preakness Stakes FAQs

What are the best sites for betting on the Preakness Stakes?

We have accumulated the top legal US horse racing sites and new customer bonuses for you to choose from.

Do horse racing sites have Preakness Stakes betting bonuses?

All of the US horse racing sites on our page will offer special bonuses for all of the Triple Crown races, including the Preakness Stakes.

Can I bet on the Preakness Stakes from a mobile app?

Most of the US horse racing sites include mobile apps for iPhones and Androids. If one is not included, you will be able to use your mobile browser.

What is the Triple Crown?

The Triple Crown is a popular series of horse races in the US. Only thirteen horses have won all three races in the long history of the events.