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Opened May 01, 2026 by Cliff Meudell@cliffmeudell47
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Preakness Stakes Betting


The Preakness Stakes is the 2nd leg of the Triple Crown and is performed at Maryland's historical Pimlico Race Track. It is named for the 1st winner of the Dinner Party Stakes at the track.

The Preakness holds a race on the Friday before, similar to the Kentucky Derby.

For the Derby-winning connections, it implies the next pursuit en route to signing up with the greats like War Admiral, Secretariat, and American Pharoah as a Triple Crown winner. However, the Preakness holds fantastic status for all of its runners.

The Preakness is one of a handful of grade 1 stakes races offered for 3-year-olds in the United States all year. Winning a Grade 1 race is a crucial element for horses wanting to go far for themselves in the breeding shed when their time on the track is ended up.

Naturally, the popular race is available to bet on in a range of methods. Be sure to have a look at our best horse racing wagering sites prior to securing any bets.

2025 Preakness Stakes Event Details

When: Saturday, May 17 Where: Pimlico Race Course (Baltimore, Maryland). When: Approximately 6:50 p.m. ET. How to Watch: NBC

How to Bet The Preakness 2025

It used to be that gamers would need to be at a racetrack or an off-track pedigreed parlor (OTB) to position wagers on horse racing. Thanks to the expansion of online betting, gamers now have a variety of choices to wager from the comfort of the own home in states where horse gaming is legal. Here are a few of the online wagering alternatives:

Online Racebooks for the 2025 Preakness Stakes

Twinspires Racebook

The business that brings you the Kentucky Derby has its own betting platform. This website offers complimentary Brisnet Past Performances to all tracks as long as you wager the rate of the product on the track you selected.

It likewise includes betshare (desktop only) which enables gamers to divide bets into multiple shares and offer to their good friends. This means that gamers can play much larger tickets with little amounts of danger. When the bet achieves success, Twinspires will divide the payment equally to each gamer's account based upon the size of their share.

Preakness Promotion: $200 Signup Bonus for new members.

TVG Racebook

TVG might recognize to many as it is normally the horse racing network featured in choose cable television bundles. In addition to being a television network, TVG runs an online betting platform too. Like Twinspires they have totally free Equibase Past Performances as long as you wager the cost of your previous efficiencies on the track you picked.

Its interface is relatively easy to follow and the mobile version is one of the easiest to navigate. For brand-new gamers, they make it very simple to copy tickets developed by their experts. TVG offers a variety of promotions that can help users effectively lower takeout such as the cash Back Special promotion.

Preakness Promotion: $200 Risk-free wager for brand-new gamers.

BetOnline Sportsbook & Horse Racing

BetOnline is an extremely popular outlet for sports wagering, but they also provide horse wagering lines also!

Mainly understood for sports wagering, BetOnline does offer horse racing for users where it is enabled in their home state. For others, they might require to turn to alternative to put horse wagers.

Preakness Stakes Betting Options

The Preakness uses the full complement of horse racing bets. All bets via on-site wagering or from online wagering platforms go into a parimutuel, or player vs. player, pool. This is a plain contrast to the gamer vs. home design utilized in sports betting.

Horse racing bets are divided into three classifications. First is single horse bets, often described as WPS (noticable "whips"). The bets are put on a single horse to win, location, or show. These bets have a $2 minimum and can be increased in increments of $1.

WPS Bets

Win: Your horse needs to complete 1st. Place: Your horse must finish 1st or second. Show: Your horse should finish 1st, second, or 3rd

It is harder to choose the winner than it is to choose a horse that might end up in the 3. For this reason, the payments are nearly particular to reduce the much easier the bets get.

In 2020 a filly named Swiss Skydiver upset Kentucky Derby winner Authentic.

Here were the $2 payouts on Swiss Skydiver:

Win: $25.40. Place: $8.40. Show: $5.80

Across the Board and Ladders

In an effort to make WPS bets more hittable, many players will play a horse "Across the Board". This means you are putting $2 to win, place, and show on the horse. This costs $6. The advantage is that you can still pay if your horse is available in third. However, this technique is best to be used when the horse you like is outside of 10-1.

Another popular strategy is what is called a ladder bet. This is much more useful when wagering a horse at shorter odds. In the ladder, a gamer sizes their win, place, and reveal bets in a different way to ensure a small earnings if their horse surfaces in any position in the top 3. A frequently used $20 ladder is a $3 win, $5 location, and $12 program bet on a single horse.

Vertical Exotics

Another bet category is called vertical exotics. Undoubtedly these types of bets are the most popular on Preakness day. They are played by regular horseplayers and newbies alike.

The most enticing part of these wagers is that they can provide much bigger payouts than WPS bets, but they are also incredibly hard to hit because they need you to not just recognize who will win, but who will be available in 2nd, 3rd, and often 4th.

Exacta ($ 1 minimum): You need to choose the 1st & 2nd finishers in order. Trifecta ($ 0.50 minimum): You should select the first, 2nd, and 3rd finishers in order. Superfecta ($ 0.10 minimum): You need to choose the 1st, second, 3rd, and 4th finishers in order

Boxing Wagers

A popular method for new gamers is to "box" horses. In this scenario, you cover all possible combinations of your wager. For instance, a $0.50 trifecta on 1/2/3 costs simply $0.50. However, if the horses end up 2/1/3 you do not win due to the fact that you had the 1 and the 2 in the incorrect order.

Boxing repairs all of that. In the example above you might buy a $0.50 trifecta box on 1,2,3. The expense goes up to $3 for the wager as you buy all of the 6 possible surfaces that include the 1,2, and 3 as the top 3 horses. In this case, you would pay out on the 2/1/3 surface.

Players can box as numerous horses as they want, but tickets get costly rapidly. A two-horse exacta box expenses simply $2 while a 3 horse box costs $6 and a 4 horse box costs $12. Remember you are buying all possible outcomes that include your numbers. Beware not to box too numerous short-priced horses that will cause payouts less than your financial investment.

Horizontals

Horizontal wagers require gamers just to pick winners, however to win the bet players need to choose winners of successive races. The drawback is that one upset can lead to 2,3, or 4 other really great opinions being rendered useless.

One horizontal that is rather popular is the Black-Eyed Susan-Preakness Double which requires a player to select the Black-Eyed Susan winner on Friday and the Preakness winner on Saturday. This can be an enjoyable wager to stretch your betting dollar across the two-day event.

2025 Preakness Stakes Field and Betting Odds

Unfortunately, this year's Kentucky Derby winner, Sovereignty, will not engage in today's Preakness Stakes. Here is the field of horses running, in addition to their early odds:

Journalism 6-5. Sandman 7-2. Goal Oriented 5-1. Clever Again 8-1. River Thames 8-1. American Promise 10-1. Gosger 15-1. Heart Of Honor 30-1. Pay Billy 30-1

Bettors can make use of several quality horse wagering sites when wanting to bet this Saturday, consisting of the BetOnline Racebook.

Preakness Stakes Picks

Similar to the saber-metrics era of baseball, horse racing has a distinct and diverse set of statistics included in the previous efficiencies to help players assess a horse's ability. To somebody not familiar with how to read them, it can be like checking out a book in a various language.

Not to stress! Whether you are brand name brand-new to the game or an old pro, our partners at Daily Horse Picks provide a number of AI handicapping resources to bring clarity to the horse racing puzzle.

Premium bundles are available for as low as $4.99 and provide a wide range of valuable tools consisting of speed and speed analysis, win portion calculations and professional choices.

The History of the Preakness

The Preakness was first run remained in 1873 and the winner is adorned in Black-Eyed Susans, the state flower of Maryland. It is typically the second leg of the Triple Crown though it was relocated 2020 due to the COVID-19 pandemic.

The race is run at a mile and 1/16 which is half a furlong shorter than the Kentucky Derby.

The Preakness has an abundant and troubled history. It was created before the Kentucky Derby, however took breaks in its running and has actually even been moved away from Pimlico in the past.

Pre-Triple Crown Era

Before becoming a part of the Triple Crown the Preakness was run as a handicap race numerous times in which horses of all ages could complete. In a handicap race, extra weight is brought by horses based upon age or achievement which should in theory equalize the competitors.

Modern History

Over the last few years the monetary situation at Pimlico has actually caused lots of rumors of the race being moved again with fellow Maryland track Laurel Park being called as the likely brand-new host. However, the Stronach group who runs both Pimlico and Laurel has actually dealt with regional towns to bring the necessary upgrades to Pimlico and keep the race there for the foreseeable future.

The 2020 Preakness saw Swiss Skydiver become only the sixth filly to win the race and the very first since Rachel Alexandra in 2009. The Kenny McPeek filly beat 2020 Kentucky Derby winner Authentic. It was the very first time a Bob Baffert horse had actually won the Derby and stopped working to win the Preakness.

Traditions

While many Preakness goers get dressed to the nines, the race is renowned for its party atmosphere. In the mid-2000s Pimlico was forced to cancel its bring your own booze policy as viral videos revealed the exceptionally risky conditions of the infield party.

In an effort to keep the excellent times rolling Pimlico developed its more regulated version of the party called InfieldFest which was infamously led by its short-term mascot "Kegasus".

Preakness Coverage

Betting News will continue to cover all of the occasions, runners, and patterns leading up to the Preakness and throughout the Triple Crown series. Don't forget to check in the pasts leading up to the race for our exclusive Preakness betting guide.

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