Horse Racing: Preakness Stakes Betting

Use the Preakness Stakes betting guide from the YouWager.lv blog. We will go over the many online wagering opportunities available for this Grade 1 thoroughbred racing event.

This race is always thrilling, and it is the historic middle jewel of the Triple Crown. A must-watch event, the Preakness Stakes are known for its famous weather vane and “Maryland, My Maryland” song.

At a distance of 1 3/16 miles (9.5 furlongs), the Preakness horse race offers a payout of more than $1 million. When betting on the Run for the Black-Eyed Susans this spring, there are a few important stages and methods to bear in mind for seasoned bettors or novice gamblers wanting to learn how to wager on the Preakness Stakes.

How Can I Bet On The Preakness Stakes Online?

#1: Pick A Racebook

The websites you use to place bets on horse races are known as racebooks. The sportsbooks we promote, such as YouWager.lv Preakness Stakes are reliable, safe, and satisfy all of our requirements. Online bookmakers offer a wide variety of Preakness Stakes wagering options. Look through our list of horse racing sites and select the online racebook that best fits your needs.

The Triple Crown’s historic middle jewel is always an exciting race. A must-watch event, the Preakness Stakes are known for its famous weather vane and “Maryland, My Maryland” song.

Use the Preakness Stakes betting guide from YouWager.lv blog if you missed the Kentucky Derby or want to hone your horse racing betting abilities. We will go over the many online betting opportunities available for this Grade 1 thoroughbred racing event.

At a distance of 1 3/16 miles (9.5 furlongs), the Preakness horse race offers a payout of more than $1 million. When betting on the Run for the Black-Eyed Susans this spring, there are a few important stages and methods to bear in mind for seasoned bettors or novice gamblers wanting to learn how to wager on the Preakness Stakes.

#2: Sign Up

It is really simple to register. Enter your birthdate, email address, name, and deposit details. There will be an email or link issued to you for confirmation. You will be able to make your first wager on the Preakness Stakes after completing the registration procedure.

#3: Make A Deposit

Selecting a deposit method comes next. Nearly all online sportsbooks take debit, e-wallets (PayPal, Neteller, Skrill), and credit cards (Visa, Mastercard, AMEX). You may deposit money on a lot of online sports betting sites using cryptocurrencies like Ethereum, Dash, Litecoin, and Bitcoin.

#4: Place Your Wagers On The Preakness Stakes

Select the Pimlico Race Course track, your horse, your bet type, and the Preakness Stakes horse race number. Put your money on the line and send in your Preakness Stakes ticket.

You have one more leg left. Choose a recognized racebook now and place a Preakness Stakes wager!

How Do Preakness Stakes Odds Work?

When it comes to placing an online wager on the Preakness Stakes, understanding the odds is crucial, even more so than being aware of the course of the race and the number of horses participating. The 2021 chances for betting candidates for the Preakness, for instance, were as follows:

  • Midnight Bourbon 5-2
  • Medina Spirit 3-1
  • Concert Tour 4-1
  • Crowded Trade 8-1
  • Unbridled Honor 11-1
  • Keepmeinmind 12-1
  • Ram 12-1
  • Rombauer 12-1
  • Risk Taking 12-1
  • France Go De Ina 20-1

Among the other horses, Midnight Bourbon, who had the lowest odds, was the favorite to win the 2021 Preakness Stakes.

If you placed a $100 wager on the horse you anticipated would win the Preakness Stakes, Authentic, you would have received a $250 payoff. Along with your $150 in winnings, you would also get your $100 back.

Preakness Stakes Winners

Preakness Stakes Winners
Year Sportsbook Jockey Trainer Odds Time
2021 Rombauer Flavien Prat Michael McCarthy +1100 1:53:62
2020 Swiss Skydiver Robby Albarado Kenneth McPeek +600 1:53.28
2019 War of Will Tyler Gaffalione Mark E. Casse +600 1:54:34
2018 Justify Mike E. Smith Bob Baffert -200 1:55:93
2017 Cloud Computing Javier Castellano Chad Brown +1300 1:55:98
2016 Exaggerator Kent Desormeaux Keith Desormeaux +300 1:58:31
2015 American Pharoah Victor Espinoza Bob Baffert -125 1:58:46
2014 California Chrome Victor Espinoza Art Sherman -167 1:54.84
2013 Oxbow Gary Stevens D. W. Lukas +1500 1:57.54
2012 I’ll Have Another Mario Gutierrez Doug O’Neill +300 1:55.94
2011 Shackleford Jesus Castanon Dale Romans +1200 1:56.47
2010 Lookin at Lucky Martin Garcia Bob Baffert +200 1:55.47
2009 Rachel Alexandra Calvin Borel Steve Asmussen +180 1:55.08

How To Bet On The Preakness Stakes And Win

Bettors often wonder when is the Preakness Stakes? The Preakness takes place two weeks after the Kentucky Derby every year. If you’re looking to learn how to bet on the Preakness Stakes and win big, you’re in luck. Let’s look at some Preakness Stakes tips and betting options below.

From the Preakness post positions and odds to everything in between, our betting guide has you covered. These strategies are relevant to all of the Triple Crown races, including the Kentucky Derby and Belmont Stakes, as well as most other races throughout the year, including the Breeders’ Cup.

Straight Bet: Win, Place, Show

If you want to place some bets on your favorite horses at this year’s Preakness Stakes, but you don’t know how or where to bet on the race, some of the most basic bets are: win, place and show. These are great options for beginner horse bettors. Win, Place and Show are common bets you can make on a horse to win or finish in the top three of the race.

Win Betting

A win bet is a bet on a horse to finish in first place.

Place Betting

A place bet is a bet on a horse to finish in first or second place.

Show Betting

A show bet is a bet on a horse to finish in the money, third or better.

Across The Board

An across-the-board wager is a bet on a horse to win, place and show. If the horse wins, the bettor collects three ways (win, place and show). If the horse comes in second, the bettor collects two ways (place and show). And if the horse comes in third, the bettor collects one way (show), missing out on the win and place wagers.

The across-the-board bet is like a parlay bet in other sports. It’s pretty much three wagers combined on one big Preakness Stakes ticket. In parlay betting, you could wager on:

  • • Will the winning horse be brown or white at the Preakness Stakes?
  • • How old will the winning jockey be at the Preakness Stakes?
  • • What post position will the winning horse start from at the Preakness Stakes?

Preakness Stakes Horse Matchup Wagering

Instead of handicapping a field of 13 horses and trying to pick a Sportsbook, matchups consist of two horses in the field, with a moneyline that’s comparable to what you’d find in other team sports. With match races, you wager on the horse you think will finish ahead of the other horse. It does not matter if that horse wins.

Preakness Stakes Futures Betting

A Preakness Stakes futures wager is when you bet on a Sportsbook several weeks or months ahead of the big event. Horseplayers can get their Preakness Stakes betting action down early, and at fixed and often generous odds.

Daily Double Wagering

A daily double bet is a wager where bettors pick the Sportsbook of two straight races.

Exacta Bets

An exacta bet, or a perfecta bet, is a wager where bettors pick the top two finishers in the exact order.

Trifecta Box Betting

A trifecta bet is a wager in which the first three finishers must be selected in exact order.

Pick 3, Pick 4 And Pick 6

Pick 3, Pick 4, Pick 6 betting is a form of multi-race bet. A Pick 3 wager means you have to pick the Sportsbook of three races in a row. A Pick 4 wager means you have to predict four successive Sportsbooks, and a Pick 6 wager means you need to pick the Sportsbook of six straight races.

Quinella Wagering

A quinella wager is a bet in which the first two finishers must be picked in either order. It’s like an exacta wager only it doesn’t matter what order the two horses you pick come in.

At YouWager.lv you can bet on the different betting types, such as moneyline, spread, and total, and wager either on your favorite team or an undervalued underdog, always with the best and latest lines. Open your account now and receive a 100% bonus on your first cryptocurrency deposit, just click below:

100% CRYPTO BONUS - YouWager Sportsbook Bonus