Best Preakness Stakes Betting Sites & Racebooks 2024
Compare and find the best Preakness Stakes betting sites, right here! You can also find top odds, expert handicapper knowledge, and guidance on how to bet on the race.
Best Preakness Stakes Betting Sites
- All
Get a 75% Match Bonus up to $750 when joining Bovada
Get a 75% Match Bonus up to $750 when joining Bovada
- #What'sYaWager let you request Preakness bets
- Parlay booster function provides extra winnings
- Sign-up crypto bonus gives 75% deposit match
Join MyBookie for Reload Bonuses and 8% Racebook Rebates
Join MyBookie for Reload Bonuses and 8% Racebook Rebates
- 8% horse racing rebate available
- Claim a large reload bonus
- Future odds for major US races
Get a 50% Bonus up to $1000 when joining BetOnline
Get a 50% Bonus up to $1000 when joining BetOnline
- Free play bonus & crypto deposit offer
- Get up to 9% daily rebate on horses
- Preakness betting right after Derby
Double Your Money on your First Two Deposits at Sportsbetting.ag
Double Your Money on your First Two Deposits at Sportsbetting.ag
- $25 free play valid for the Preakness Stakes
- Dedicated Racebook 101 feature
- 10% horse racing rebate among several top promos
Join BetUS and Get a 150% Bonus Up To $3,750 + 30 Risk-Free Bets
Join BetUS and Get a 150% Bonus Up To $3,750 + 30 Risk-Free Bets
- Preakness betting preview with pro picks
- Money Back Racebook special available
- Longstanding online brand for bettors
Get a First Deposit Sports Bonus Up To $500 at XBet
Get a First Deposit Sports Bonus Up To $500 at XBet
- Get up to a $500 welcome bonus
- Nice 7% horse racing rebate
- Unlimited referral bonus scheme available
Get $2,500 When You Join
Get $2,500 When You Join
- New customers get a $2,500 bonus when betting with crypto
- Helpful free horse racing tips feature
- Solid racebook includes Grades Stakes Race Schedule
Join BetNow and get a 200% Crypto Bonus
Join BetNow and get a 200% Crypto Bonus
- Weekly rebate of 10% on horse racing losses
- Up to 200% crypto bonus for new customers
- Impressive odds for Parlays, Pick 6, Superfectas and more
100% Welcome Bonus + Free Contest Entry Kit at JazzSports
100% Welcome Bonus + Free Contest Entry Kit at JazzSports
- 10% track rebate includes Pimlico
- Props builders and fantasy contests with prizes
- Strong crypto bonuses
100% Welcome Bonus up to $500
100% Welcome Bonus up to $500
- New customer 100% sign up bonus
- Plenty of tracks to wager on online
- US horse racing markets and odds
List of the Best Preakness Stakes Betting Sites
Why Trust Preakness Stakes Betting Sites?
- Objective and honest offshore racebook reviews
- Expert picks and analysis from leading handicappers
- How to secure top odds, bonuses, and payment options
Preakness Stakes 2024 Race Info
- 📅 Date: Saturday, May 18, 2024
- ⏰ Time: Approximately 6:50 pm
- 📺 Watch on TV: NBC
- 💻 Live Streaming: Peacock
- 🏇 Favorite: Muth -120
Reviews of Top Online Preakness Stakes Betting Sites
Only the best Preakness Stakes betting sites make our rankings. All these offshore racebooks and sportsbooks are 100% safe and secure, offering some of the leading bonuses online. Better yet, they have some of the most impressive Preakness Stakes betting odds and markets worldwide.
1. Bovada – Best Preakness Stakes Racebook Online
We love Bovada for Preakness Stakes lines and markets. So much so that we have declared this offshore bookie as the top site to bet on the big race with. Much of this has to do with the #WhatsYaWager, which allows you to request bespoke bets. Something that adds a little excitement when learning how to bet on the Preakness Stakes.
Another thing Bovada prioritizes is promotions and bonuses. Our team likes the $750 Crypto Sports Bonus, as well as the 50% up to $1000 for those not using Bitcoin and other cryptos. Although they carry wagering requirements, we feel these make up for the uninspiring 5% daily rebate on horse racing losses.
Above all else, Bovada is a safe and trusted bookie that has been offering odds on Preakness Stakes since May 2012. The desktop and mobile sites are great, allowing easy access to a top racebook chock full of surprises.
Pros
- Request tailored bets with #WhatsYaWager
- Trusted offshore bookie with a solid reputation
- Exceptional bonuses, especially for crypto users
- Slick site design with a user-friendly betting interface
Cons
- Must first go through bots to speak to a human live chat rep
- Better horse racing rebates found elsewhere
2. MyBookie – Fun Racebook with Creative Odds and Markets
MyBookie is another favorite racebook of ours, making 2nd place in our updated list of Preakness Stakes betting sites. We’re a fan of their 8% horse rebate that can be claimed on Preakness Stakes losses – however, there is much more to their offers than that.
New customers get a 50% Sports Welcome Bonus up to $1000 on their initial deposit. There is also a $200 Cash Bonus available, as well as up to a 50% Sports Reload for future deposits. Crypto users will be delighted to learn that the site accepts coins from BTC to Ethereum, which are great for wagering online if you don’t have Preakness Stakes tickets for Pimlico.
We recommend MyBookie’s horse racing coverage, but especially their odds and markets for the Preakness Stakes. You’ll every type of popular wager available to bet on with one of the leading offshore betting sites out there.
Pros
- Claim a 50% Sports Welcome Bonus up to $1,000
- Top odds and markets for the Preakness Stakes
- Crypto-friendly with a great referral scheme
- One of the best Preakness Stakes mobile apps
Cons
- Limited live streaming function
- Very basic site design
3. BetOnline – Classy Racebook with $25 Free Play
Our experts consider BetOnline to be one of the top betting sites out there. Any site offering both a $25 free play for the Preakness Stakes and the chance to take a 9% daily rebate on real money losses deserves respect. But BetOnline raises the bar even higher.
The first thing we noticed about the site was the comprehensive Racebook 101 section. BetOnline is known for its racing odds and markets, with a wide selection of Thoroughbred and Harness lines. However, when major events like the Preakness Stakes come along, things get even more exciting.
BetOnline has one of the cleanest and most aesthetically pleasing sites in the industry. They accept a wide range of payment options, bets by telephone, have a solid customer support function, and pretty much everything else you want from a racebook.
Pros
- $25 free bet can be used on the Preakness Stakes
- Dedicated Racebook 101 feature
- 9% daily rebate on horse racing losses
- Crypto-friendly with a great referral scheme
- Great futures and pari-mutuel wagers are available
Cons
- Free bet only claimable by email
- 6% fee on credit card deposits
4. Sportsbetting.ag – Fast Paying Preakness Stakes Betting Site
The turnaround time for some withdrawals with SportsBetting.ag can be as swift as 24 hours. This cryptocurrency-friendly betting site accepts 18 different coins and tokens, making it easy to bet with Bitcoin and others. If you’re betting with crypto on the Preakness Stakes, we recommend checking them out.
As for bonuses, SportsBetting.ag has a fair few on offer. Our favorite is the Double your Money, which matches your first two deposits by 100%. We’re also big fans of the $25 free play, which can be used when betting at what is one of the more stylish Preakness Stakes betting sites.
Perhaps our favorite aspect of betting with SportsBetting.ag is the 10% horse rebate. In addition to having exceptional odds and markets – as well as a fully functioning Racebook 101 feature – this can offer some security when the race has run.
Pros
- Payouts are 24 hours in some cases
- Top Racebook 101 feature
- $25 free play on offer
- 10% daily rebate on horse racing losses
Cons
- Must email customer support for free bet
- Fees charged on deposits made by card
5. BetUS – Great Bonuses to Try at an Excellent Racebook
Fewer offshore betting sites have been serving customers as long as BetUS. The forward-thinking bookie has been in the game since 1994 – although you wouldn’t think that to be the case. They have easily acclimated to modern trends and demands, boasting one of the finest racebooks online.
We like BetUS for bonuses, too. In addition to finding great odds and lines for the Preakness Stakes, you’ll come across some nice promotions. New customers can get up to a 200% crypto bonus, which may be taken alongside other deals such as money-back specials and more.
Beyond top odds and bonuses, BetUS appears to do all the other things well. The site looks great, allowing for a more seamless horse racing betting experience. The racebook has all you could want when betting money on the Preakness Stakes.
Pros
- Regular and crypto welcome offers available
- Excellent racebook with range of bets
- Money back if your horse finishes 2nd or 3rd
- Great mobile site for racing
Cons
- Welcome bonus awarded in stages
- Bonus rollovers appear higher than usual
Preakness Stakes Sign Up Bonuses
Get a 75% Match Bonus up to $750 when joining Bovada
Join MyBookie for Reload Bonuses and 8% Racebook Rebates
Get a 50% Bonus up to $1000 when joining BetOnline
Double Your Money on your First Two Deposits at Sportsbetting.ag
Join BetUS and Get a 150% Bonus Up To $3,750 + 30 Risk-Free Bets
Get a First Deposit Sports Bonus Up To $500 at XBet
Get $2,500 When You Join
Join BetNow and get a 200% Crypto Bonus
100% Welcome Bonus + Free Contest Entry Kit at JazzSports
100% Welcome Bonus up to $500
Betting on Preakness Stakes Markets
Our top Preakness Stakes betting sites have a whole host of potential wagers on the race. Learning about each one can broaden your scope when it comes to placing your bets.
Futures Betting
Preakness Stakes futures betting involves placing fixed odds wagers on horses you think will win. What separates these bets from a regular straight bet is that you can place them well in advance of the announcement of Preakness post positions and before race day.
The most attractive part of a futures bet is the odds involved. Selecting a horse weeks or months in advance will almost always entitle you to better odds if you had waited for morning lines to open. One major downside is that there is no guarantee that your horse will run.
Straight Wagers
Straight wagers are among the most popular to place on the race. They are not necessarily focused on Preakness Stakes winners, as some allow you simply to bet on a horse to finish in the first three to cross the line.
- Win – A bet on a horse to finish 1st in the race.
- Place – You will be paid out for a place if your horse finishes 1st or 2nd.
- Show – A horse must finish 1st, 2nd, or 3rd to win a show wager.
- Across The Board – You can combine all three above into one wager, which gives you three chances to win. Unit stakes triple to cover all three scenarios.
Exotic Bets
The best Preakness Stakes betting sites also offer exotic wagers, which are slightly more complicated than straight bets. Exotic bets generally come with more lucrative odds, as the chances of winning them are higher.
- Exacta – This bet requires you to predict the 1st and 2nd placed horses in perfect order.
- Quinella – To win a quinella, you win when your horses finish 1st and 2nd in any order but your stake doubles.
- Trifecta – Straight trifectas pay out when you predict who finishes 1st, 2nd, and 3rd in the correct order. You can do this with three or more horses, boxing and wheeling for more combinations that don’t have to be in the correct order for you to win.
- Superfecta – Predict the horses finishing 1st to 4th to win this bet.
- Super High Five – Choose 5+ horses to finish from 1st to 5th to get paid out at huge odds. Nailing this bet is extremely tough but carries massive Preakness Stakes payouts with it.
How to Sign Up to Preakness Stakes Betting Sites
Betting on Preakness Stakes is easy with a solid online racebook. It takes about five minutes to set up an account with one of our recommended sites – here’s how it works.
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Register for an Account
When you have chosen your favorite sportsbook, head on over and hit the registration button to get started. -
Enter Your Details
Populate the online form provided with your name, postal address, zip code, date of birth, email address, telephone number, and any other details requested. -
Select Your Payment Method
Choose a payment method from options provided by that site – this may include anything from cards to Bitcoin. When you have made your selection, you can top up your account with real money. -
Choose Your Welcome Bonus
Welcome offers are not obligatory, but some are certainly worth considering. Make sure to select your bonus before you complete the registration process. -
Make Your Picks!
When you have followed steps 1 to 4, you should be ready to get your bets down! Make your picks for the Preakness Stakes by visiting the racebook and selecting your odds.
Preakness Stakes Online Betting Offers & Promos
You can find a wide range of new and existing customer offers at Preakness Stakes betting sites. Sign-up offers are the most common to claim, but there are more to get acquainted with when you join a new sportsbook or racebook.
Sign Up Bonuses
Also known as welcome offers, sign-up bonuses are awarded to new customers opening an account. They vary from site to site, but are usually one of a few popular promo types, such as matched deposit offers like 100% up to $250.
Sign up bonuses almost always come with turnover requirements. For example, you may be required to wager x6 your winnings before you can withdraw it as real money. For this reason, we recommend always reading any terms and conditions that come with a bonus.
Racebook Free Play
This type of offer gives you a free chance to bet without the risk of losing your cash. Free play offers are usually offered on your first pari-mutuel bets at offshore sportsbooks, but bookies may offer them around major events like the Preakness Stakes or Kentucky Derby.
Most free-play offers require you to opt in first. If the horse you bet on with the free play loses, you receive your stake back as a free bet or cash. If it wins, the free bet is not necessary as you will be paid out at the odds taken for that horse.
Reload Bonuses
Preakness Stakes racebooks may also offer reload bonuses. They are like welcome offers, only for existing customers making subsequent deposits. Reload bonuses are usually matched deposit deals, such as 50% up to $1000.
One thing we like about these offers is that they give a little back to loyal customers. You can potentially win something for free with reloads, as you will be playing with some of the bookie’s cash on top of your own.
Horse Racing Rebates
One of the most desirable promos at offshore betting sites is the horse rebate. Many of our recommended sportsbooks and racebooks offer these to players – if you see them, consider signing up for them as they can be very useful.
Usually expressed as a percentage of your daily or weekly losses, horse racing rebates give you something back. If you sign up for a 10% rebate of your daily losses and lose $500, for example, you can claim $50 back usually as a free bet or cash.
Latest Preakness Stakes Betting Odds
Comparing odds across our Preakness Stakes betting sites ensures you get the best deal for race day. Almost all our top bookies have released their current Preakness odds for you to consider.
| Horse | Bovada | MyBookie | BetOnline | SportsBetting.ag | BUSR |
| 1. Mugatu | +4000 | +4000 | +6600 | +6600 | +4000 |
| 2. Uncle Heavy | +2500 | +2000 | +2500 | +2500 | +2000 |
| 3. Catching Freedom | N/A | +500 | +600 | +600 | +500 |
| 4. Muth | SCRATCHED | SCRATCHED | SCRATCHED | SCRATCHED | SCRATCHED |
| 5. Mystik Dan | +400 | +250 | +375 | +375 | +250 |
| 6. Seize The Grey | +1400 | +1300 | +2000 | +2000 | +1300 |
| 7. Just Steel | +1200 | +1300 | +1600 | +1600 | +1300 |
| 8. Tuscan Gold | +600 | +700 | +700 | +700 | +700 |
| 9. Imagination | +600 | +500 | +900 | +900 | +500 |
Best Preakness Betting App
One of our unofficial Preakness Stakes betting tips for this year is to find yourself a top mobile app. Our recommended betting app is BetOnline, which offers one of the slickest wagering experiences out there. You can access top odds, markets, and the coveted Racebook 101 feature from your mobile device.
Preakness Stakes Betting Guide – Key Race Stats & Facts
As excited as we are to cover this year’s Preakness Stakes online betting and picks, it’s always good to have a bit of history and background to share.
- Most Wins by Jockey – Eddie Arcaro (6)
- Most Wins by Trainer – Bob Baffert (8)
- Inaugural Race – May 27, 1873
- Distance – 1 3⁄16 miles (9.5 furlongs/1,911 meters)
- Entrants – Three-year-old Thoroughbreds
- Fastest Time – Secretariat; 1:53 (1973)
- Largest Margin of Victory – 11½ lengths; Smarty Jones (2004)
- Highest Odds to Win – Master Derby at 23 to 1 (1975)
Recent Preakness Stakes Horse Race Results & Winners
Here are the Preakness Stakes results since 2013. You will find the winning horse, trainer, and jockey on this list.
| Year | Horse | Trainer | Jockey |
| 2023 | National Treasure | Bob Baffert | John Velazquez |
| 2022 | Early Voting | Chad Brown | Jose Ortiz |
| 2021 | Rombauer | Michael McCarthy | Flavien Prat |
| 2020 | Swiss Skydiver | Kenneth McPeek | Robby Albarado |
| 2019 | War of Will | Mark Casse | Tyler Gaffalione |
| 2018 | Justify | Bob Baffert | Mike Smith |
| 2017 | Cloud Computing | Chad Brown | Javier Castellano |
| 2016 | Exaggerator | J. Keith Desormeaux | Kent Desormeaux |
| 2015 | American Pharoah | Bob Baffert | Victor Espinoza |
| 2014 | California Chrome | Art Sherman | Victor Espinoza |
| 2013 | Oxbow | D. Wayne Lukas | Gary Stevens |
Effective Preakness Stakes Betting Tips & Strategy
Our experts have laid out some helpful tips and strategies for betting on the Preakness Stakes. Each one may enhance your chances of making successful Preakness Stakes picks for the big one at Pimlico Race Course.
1. Shop Around for the Best Odds
Online racebooks may have better odds for some horses than for others. For this reason, it’s always good to shop around for the best lines for Preakness Stakes. Odds that are even a couple of points higher could prove lucrative, making it worthwhile.
2. Consider a Horse’s Previous Form
The Kentucky Derby may give you insight into a horse’s speed and endurance. Prep races can also be a great source of knowledge, which you can factor into your decision-making process. In addition to how a horse has run in recent races, you can also analyze their pedigree.
3. Listen to What Expert Handicappers Have to Say
Our expert handicappers know the horses, the race, and what it takes to win. We provide free tips for the Preakness Stakes on this site, which may be useful. You can also follow leading horse racing handicappers elsewhere for ideas on who to back.
4. Don’t Put All Your Eggs in One Basket
Instead of putting all of your bankroll on one horse or wager, consider diversifying your bets. You could, for example, bet $50 from a $100 bankroll on a horse to win, as well as $30 on one to place and $20 on another to show. You can also look at exotic bets like trifectas and superfectas.
5. Look Out for Quality Bonuses and Promotions
Many offshore racebooks provide new customers with a sign-up bonus. These may range from bonus cash in matched deposit offers to free plays, rebates on losses, and more. Choosing the best bonuses can help you get a little something extra, and may even lead to more returns following the race.
The Best Offshore Preakness Stakes Betting Site
Bovada is our #1 choice for betting on Preakness Stakes horses this year. The prestige on offer at Pimlico Race Course demands an offshore betting site that can go above and beyond to provide a little bit extra. And we believe Bovada’s odds, bonuses, and #WhatsYaWager are just the tip of the iceberg!
We’re huge fans of what Bovada has to offer. If you’re keen to bet on the Preakness Stakes, make sure to pay them a visit before you bet!
Get a 75% Match Bonus up to $750 when joining Bovada
Get a 75% Match Bonus up to $750 when joining Bovada
- #What'sYaWager let you request Preakness bets
- Parlay booster function provides extra winnings
- Sign-up crypto bonus gives 75% deposit match
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