FanDuel Racing Is Hosting A $20 No Sweat Bet For Preakness Stakes Betting

Written By Giovanni Shorter on May 17, 2023
FanDuel Racing Preakness

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.

Click PLAY NOW on the banner below to get started.

Get a $20 No Sweat Belmont Bet at FanDuel Racing
$20 No Sweat
Belmont Bet
Bet on the Belmont Stakes
Up to $20 Back if Your Bet Doesn't Win
Get Boosted Odds & the Best Promotions
Easy Deposits, Fast Withdrawals
To Claim: Click Play Now

21+. Gambling Problem? Call 1-800-GAMBLER

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

PostHorseCurrent Odds
1National Treasure3-1
2Chase The Chaos30-1
4Coffee With Chris20-1
5Red Route One8-1
7Blazing Sevens5-1
SCRFirst MissionSCR
Giovanni Shorter Avatar
Written by
Giovanni Shorter

Giovanni Shorter is a sports enthusiast and writer with a passion for the legal and industry side of the sports betting market. Giovanni got his education from Florida State University where he honed his writing style writing narratives and short stories. He has spent his professional career covering sports and entertainment through articles and blogs and continues to look at the industry from multiple angles.

View all posts by Giovanni Shorter