2023 Preakness Stakes Horse Betting

Preakness Stakes logoAs the second leg of the US Triple Crown of Thoroughbred racing, the Preakness Stakes is usually run each year exactly two weeks to the day after the Kentucky Derby. Three weeks after the Preakness, the Belmont Stakes concludes the Triple Crown as the series' final leg.

That is what makes the Preakness so important each and every year from among the other popular horse races we can legally bet on. No matter which horse wins the Kentucky Derby, the possibility of a Triple Crown is still alive until, and sometimes even after, the Preakness is run. For bettors, the Preakness winner will determine how much action and attention the Belmont gets. If a horse is contending for the Triple Crown, the Belmont becomes the hottest story in sporting news.

With legitimate offshore racebooks that legally provide online betting on the 2023 Preakness Stakes (May 19-20, 2023) and other horse races, you can get in on the action without traveling to the Pimlico Race Course in Baltimore, Maryland. That means that each and every year, you can legally place online bets on the Preakness Stakes, as well as on any potential Triple Crown winner.

Is Preakness Stakes Betting Legal In 2024?

LawbookYes. Betting is allowed at the racetrack, and from a few state-regulated sportsbooks and betting terminals. You can also legally place bets on the Preakness Stakes through offshore racebooks and sportsbooks as long as they are operated by a respected gambling site located outside of the USA. These legal US betting options are governed by the 1978 Interstate Horseracing Act (IHRA).

United States gambling law prohibitions do not include offshore sportsbooks. Legitimate offshore gambling sites are also outside of US jurisdiction. As long as the online racebook or sportsbook you are using is operating in a legitimate international gambling jurisdiction, US citizens are not in violation of any federal gambling laws. To learn more about gambling regulations in the United States and how they impact sports betting and horse race betting, visit our guide to understanding USA gambling laws.

Best US Online Horse Betting Site For 2024

Bovada Racebook
#1 Rated Legal Online Racebook For March 2024

Certified

If trust and reputation is paramount to you, then you will appreciate why we recommend Bovada racebook as our #1 choice to bet on the Preakness Stakes horse race. Below are a few reasons why Bovada is the #1 choice for USA players.

Site Rating

Bovada racing
USA Friendly Shield Small

Compability

Bovada Sportsbook And Casino
Pros
  • Most USA players accepted (18+)

  • Easy credit card funding with great approval rates

  • Now accepting Bitcoin + other top cryptos

  • 5% cashback rebate for major horse races!

  • Enjoy casino, sports, poker, and horses

Cons
  • Only US, Mexico and Brazil players accepted

  • Residents of DE, MD, NJ, NV, NY not accepted

  • Fewer crypto deposit options than some competing sites

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148th Preakness Stakes Schedule

  • Date Of The Preakness: Saturday, May 20, 2023
  • Time: 6:30 EST (estimated)
  • TV Channel: NBC
  • Coverage Start Time: TBA
  • Location: Pimlico Race Course, Baltimore, Maryland

2023 Preakness Stakes Odds

The betting odds for the 2023 Preakness Stakes are available at all of the premium online sportsbooks you see featured on this page.  We recommend that you sign up at several different betting sites so that you can shop the lines and take advantage of the most favorable race odds. Each online racebook will carry odds and lines that are comparable to the Vegas bookmakers and competitive with each other - so it is possible that the lines will vary slightly from book to book.

2023 Preakness Stakes Field

The 2023 Preakness Stakes field is as complex, competitive, and exciting as ever, and can be viewed at any of the online sportsbooks listed on this page. Each year there are some surprises lurking around the stables, so never forget that nothing is a sure thing in horse betting.

Betting On The Preakness Stakes

There are several things bettors must take into account regarding the Preakness Stakes. For starters, which horses are competing. Oftentimes there are different horses than in the Kentucky Derby. Trainers will run different horses for a variety of reasons including rest periods, stress from the first race, training incidents (positive and negative), etc. It is important to know the horses running in the race as well as their trainers and history.

For example, if a horse had a solid time and won the Kentucky Derby, it is possible fatigue will set in or they picked up a slight injury. There are 2 weeks in between races, giving ample recovery time, but that does not mean the physical stress won’t affect the horse. This is why we encourage bettors to look into the horses competing before placing any final wagers.

As far as betting from a legal standpoint, the only thing to ensure is that you are betting with a site that is legally able to provide offshore gambling services. All of the sites listed on this page are considered legal in the eyes of the US government and have been vetted for their industry credentials and stringent regulatory protocols.

2022 Preakness Results

Unfortunately, 2022 Kentucky Derby Winner Rich Strike was held out of the Preakness Stakes and was unable to compete for a Triple Crown.

Early Voting claimed the top honors in this year's Preakness Stakes, with Epicenter and Creative Minister coming in second and third.

  1. Early Voting
  2. Epicenter
  3. Creative Minister
  4. Secret Oath
  5. Skippylongstocking
  6. Simplification
  7. Armagnac
  8. Happy Jack
  9. Fenwick

2021 Preakness Results

In 2021, the Preakness Stakes was actually the third leg of the triple crown schedule due to COVID-19 rescheduling. Medina Spirit was favored to win the 2021 Preakness Stakes but Rombauer defied the odds and claimed the victory.

Different horses won the Kentucky Derby and Belmont Stakes in 2021 so there was no potential for a triple-crown winner at Preakness.

  1. Rombauer
  2. Midnight Bourbon
  3. Medina Spirit
  4. Keepmeinmind
  5. Crowded Trade
  6. Unbridled Honor
  7. France Go de Ina
  8. Risk Taking
  9. Concert Tour
  10. Ram

2020 Preakness Results

In 2019, the highlight of the Preakness was when Bodexpress threw his jockey right out of the gate and then ran the entire race without his rider. While no such bizarre event occurred in the 2020 Preakness, the race was still interesting, particularly because it was the last event run due to COVID rescheduling. Instead of being run in mid-May, the contest was held on October 3 as the final leg of the Triple Crown series.

Because different horses won the 2020 Belmont Stakes and 2020 Kentucky Derby, there could be no Triple Crown winner, but betting was still brisk. Authentic – the winner of the Derby – was the favorite but finished in second to Swiss Skydiver, who had +600 morning line odds.

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

More Legal Sportsbook Betting Options:

  • Legal Football Betting Sites: Use this guide to discover where you can access legal, reputable and high quality options for betting on football, including both NFL and NCAAF events.
  • Legal Basketball Betting Sites: Both NBA and college basketball fans will find helpful information in this guide that is designed to assist bettors in reaching the most favorable and legitimate legal sportsbooks that offer basketball betting lines among their options.
  • Legal Baseball Betting Sites: This guide will provide you with valuable information concerning your legal options for betting on baseball, and where to find legitimate online sportsbooks that cover MLB and college baseball in their betting lines.

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  • Legal Online Casinos: This guide focuses on legal online casinos that provide a secure and high quality virtual casino gambling experience to players, as well as the authentic bonuses and promotions on offer to sweeten the pot.
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