It’s Preakness week! The 2023 Preakness Stakes will take place this Saturday, May 20th at Pimlico Race Course. The Preakness will once again take place on it’s traditional date on the third Saturday of May, with race coverage broadcast on NBC from 4:30pm to 7:30pm EST (post time is 7:01pm).
There could still be a Triple Crown winner this year. Mage, the Kentucky Derby winner, will enter the Preakness as the morning line favorite as he looks to follow up the Derby win with another victory.
On this page I will outline our recommended betting site for Americans to bet on the Preakness Stakes, the current Preakness betting odds, and a simple 3 step guide to help you get your bets placed on the 2023 Preakness Stakes horse race.
Best Preakness Stakes Betting Site
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BetOnline.ag is our top rated site for Americans looking to bet on the Preakness Stakes. They are the most popular sportsbook serving the United States and they have a great racebook that is very easy to use.
I will be using BetOnline for both the odds and the “how to bet guide” for the Preakness Stakes below.
Preakness Stakes Winner Odds
Here are the winner odds and post positions for the 2023 Preakness Stakes from BetOnline.ag (odds taken on May 19th). These odds will change leading up to race day. Check out the current odds at BetOnline by opening the ‘Horse Racing’ drop down menu and selecting ‘Horses Daily’ -> ‘Pimlico’.
Bet On The Preakness Stakes From The USA – 3 Step Guide
Follow these 3 steps to get your Preakness Stakes bets placed within minutes.
Step 1. Open a BetOnline.ag Account
BetOnline is our recommended betting site for the Preakness Stakes. They are one of the most well known sportsbooks serving the US. They accept players from every State, and have shown a commitment to the American betting market over the past decade. They have a very easy to use racebook, so getting your Preakness bets placed is very straight forward.
Click the above link, select ‘Join Now’ on the home page and complete the sign up form to open your account.
Step 2. Deposit
BetOnline accepts Visa, MasterCard, American Express, bitcoin, other cryptocurrencies and various other deposits. You can cash out your winnings through any of the e-wallets, bitcoin, other cryptocurrencies, check by courier or wire transfer.
It’s quick and easy to get money into and out of your BetOnline account.
Step 3. Place Your Preakness Bets
Depending on whether you’re betting on the race in the week leading up to the race or on race day itself, there are two different ways you can place your bets.
You can place your bets through the BetOnline Sportsbook. Click on ‘Sports’ on the BetOnline website and then select ‘Horses Daily’ -> ‘Pimlico’ under the ‘Horse Racing’ drop down menu to bring up the Preakness odds. The odds you see will be fixed odds to win the race, meaning they are locked in when you place the bet and you can only bet on the outright winner of the race in this section.
You can also bet on the race through the ‘Racebook’ section of the BetOnline website. Click on ‘Racebook’ and then select ‘Pimlico’ under the ‘American Thoroughbred’ drop down menu. Select race #13 (post time 7:01pm ET) on May 20th for the Preakness and then select which type of bet you would like to make (Win/Place/Show, Exacta, Trifecta, etc).
Select your bets and click ‘Add To Betslip’. When all of your bets have been added click ‘Submit All Bets’ to lock in the wagers.
Below is a screenshot example of the Racebook showing clicks to make a bet on Mage to win this years Preakness Stakes.
**Check out our horse race betting information section for a further breakdown of the various bets you can make on the race.
Ready to bet? Click here to visit BetOnline.ag