How To Bet On The 2020 Preakness Stakes From the USA

By Horse Racing

The Preakness Stakes is generally the second leg of the Triple Crown of Thoroughbred Racing in the United States and takes place on the third Saturday of May. This year, the Preakness Stakes was postponed and will run as the final leg of the Triple Crown this Saturday, October 3rd.

Tiz the Law won the Belmont Stakes in June, but finished second to Authentic in the Kentucky Derby last month, so there will be no Triple Crown winner this year. That said, the field of eleven horses for this years Preakness Stakes is still packed with quality horses, including Derby winner, Authentic, who will start the Preakness as the favorite.

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 2020 Preakness Stakes horse race.

Best Preakness Stakes Betting Site

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BetOnline 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 morning line odds and post positions for the 2020 Preakness Stakes. These odds will change on race day depending on the amount of money bet on each horse.

  1. Excession 30-1
  2. Mr. Big News 12-1
  3. Art Collector 5-2
  4. Swiss Skydiver 6-1
  5. Thousand Words 6-1
  6. Jesus’ Team 30-1
  7. Ny Traffic 15-1
  8. Max Player 15-1
  9. Authentic 9-5
  10. Pneumatic 20-1
  11. Liveyourbeastlife 30-1

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 Account

BetOnline is our recommended betting site for the Preakness Stakes.  They are one of the most well known sportsbooks serving the US accepting players from every State, and have shown a commitment for the American marketplace 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 and fill out the short form on the home page to open your account.

Step 2. Deposit

BetOnline accepts Visa, MasterCard, Neteller, Skrill, bitcoin and various other deposits.  You can cash out your winnings through any of the e-wallets, bitcoin, 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.

Fixed Odds

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.

Parimutuel Odds

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 #11, which begins at 5:38pm EST 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 of the Racebook showing clicks to make a bet on the 2020 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

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