FanDuel Racing is continuing its trend of providing some of the best horse racing betting experiences with this Preakness Stakes promo. Patrons have access to the $20 No Sweat Preakness Bet at FanDuel Racing. This promotion grants insurance on a single-horse wager during the Triple Crown event. Should the bet lose, fans will gain the wager returned as a racing bonus.
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FanDuel Preakness Promo Offer
This FanDuel Racing Preakness Stakes promo is available to first-time Preakness bettors. Be sure to claim this offer before wagering on any Preakness Stakes lines. The offer is eligible for single-horse wagers only, no exotics. Players can wager on a horse to win or place and be able to claim the promo offer.
Should the horse of players’ choice win, they collect the funds as usual. If said horse loses, bettors will gain the wager returned as a single racing bonus of equivalent value. This racing bonus can then be used on any other upcoming race within the deadline. This racing bonus will expire on June 12, 2023. All expired bonuses will be removed from bettors’ wallets.
Racing bonuses work differently from real cash wagers. Fans cannot cash out racing bonuses. Additionally, racing bonuses can only be used on horse races. Fans who use wallet sharing with FanDuel Sportsbook will be unable to take the racing bonus to bet on sports.
Winning bets with racing bonuses do not pay out the same as real cash funds. This is because the value of the bonus does not count toward the final payout. For example, betting $20 real cash funds on +100 odds would net a payout of $40 if it wins. This same wager using a racing bonus would only pay out $20.
Players will see the racing bonus added to their accounts within 24 hours of the race’s results. The $20 No Sweat Preakness Bet is available to all players who are at least 21 years old.
Preakness Stakes At FanDuel
Preakness Stakes wagering opens Friday, May 19, 2023. The race begins Saturday and will have a host of betting options for fans throughout. In addition to single-horse wagering, FanDuel offers exotics like trifecta and exacta that increase the potential payout on races.
It is to be noted that Preakness Stakes betting at FanDuel Racing is done through parimutuel wagering. This process means that the final odds do not lock until just before the race. The odds will shift depending on how all bettors wager. This differs from sports betting, which sees odds honored from the moment at which the wager is placed.
Preakness Stakes Futures FanDuel
| Post | Horse | Current Odds |
|---|---|---|
| 1 | National Treasure | 3-1 |
| 2 | Chase The Chaos | 30-1 |
| 3 | Mage | 4-5 |
| 4 | Coffee With Chris | 20-1 |
| 5 | Red Route One | 8-1 |
| 6 | Perform | 12-1 |
| 7 | Blazing Sevens | 5-1 |
| SCR | First Mission | SCR |
