How To Bet On Preakness Stakes: Everything You Need To Know

The Preakness Stakes is about to go down. The annual “Run for the Black-Eyed Susans” will be held this year on Saturday, May 18. One of the biggest horse races of the year in the US, the Preakness is also one of the most wagered-on events on the sports calendar. This year’s big race at Pimlico should garner more betting interest than ever with a packed house expected. Also, online Preakness Stakes betting is now legal in over 30 states if you bet with FanDuel Racing. Bet on the 2024 Preakness Stakes odds by clicking below and you will receive a bonus bet.

Additional options to wager on the Preakness Stakes

There are several ways to bet on the Preakness Stakes. These include in-person, off-track and online.

Tickets to Pimlico Race Course on Preakness Day are quite expensive, as a $200 ticket is around the cheapest of options to see the race in-person. Betting on the Preakness at off-shore race tracks is still an option in many jurisdictions.

But the most common way to bet on the Preakness in 2024 is online, and your best option for betting on the Preakness online is through FanDuel Racing.

Online vs. in-person

Horse racing bettors used to have to put a decent amount of work in to bet on a race. It used to mean having to gas up your car and having to drive to your local track. That is no longer the case as you can now bet on any big race, including the Preakness Stakes, from the comfort of your couch.

In addition to the ease in which FanDuel Racing provides for its users, the online Facebook is also giving new users a bonus bet for this year’s big race at Pimlico.

Here is how to sign up and bet on the Preakness Stakes online.

• Sign up: Sign up at FanDuel Racing and get a Racing Bonus Bet
• Create account: FanDuel Racing will ask for basic info upon sign up as you’ll need to provide your name, address, phone number, date of birth and last four digits of your social security number. You’ll also need to create a user name and password to start betting.
• Deposit funds: Deposit options are plentiful at FanDuel Racing as it accepts Debit/Credit Cards, check, PayPal, TVG Prepaid Card, PayNearMe, Green Dot MoneyPack, check/money order, and Wire Transfer. You can also deposit at brick-and-mortar race tracks in California, Illinois, Iowa, Kentucky, New Jersey and Washington.

Horse betting sites you can use to bet on the Preakness Stakes online

As mentioned above, FanDuel Racing is the best option for betting on this year’s Preakness Stakes. At FanDuel Racing you will receive a No Sweat First Bet. That means that if you are a first-time user, you can bet on the Preakness without losing money on your first try betting.

Another online option for betting on the Preakness is Twinspires. Check out the advantages of FanDuel Racing below.

Reasons to Bet on the Preakness with FanDuel Racing

• Elite new user offer of a No Sweat First Bet
• Easy-to-use interface
• Highlights the most prominent races

Types of best you can place on the Preakness

The most common type of bet you can place on the Preakness is a win bet. It’s simple. Which horse do you think will win the race?

More advanced ways to bet on the Preakness Stakes include a place bet and a show bet. Exotic bets include Exactas, Trifectas and Superfectas. Here is an explanation of each.

• Win: Betting on a horse to finish first in the race
• Place: Betting on a horse to finish first or second in the race
• Show: Betting on a horse to finish first, second or third in a race
• Exacta: Picking the first place and second place horse in order
• Trifecta: Picking the first place, second place and third place horse in order
• Superfecta: Picking the first place, second place, third place and fourth place horses in order

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