Preakness Stakes Horse Betting

USA Horse Betting IconAs the second leg of the US Triple Crown of thoroughbred racing, the Preakness Stakes is run each year exactly 2 weeks to the day after the Kentucky Derby. Three weeks after the Preakness, the Belmont Stakes culminates the Triple Crown as the final leg.

That is what makes the Preakness so important each and every year. No matter which horse wins the Kentucky Derby, the possibility of a Triple Crown is still alive up until, and sometimes even after, the Preakness is run.

With legitimate offshore racebooks licensed to provide legal online betting on the Preakness and other horse races, you can get in on the action without traveling to Baltimore, Maryland. That means that each and every year, you can legally place online bets on the Preakness Stakes, as well as a potential Triple Crown winner.

Is It Legal To Bet On The Preakness Stakes Horse Race In The United States?

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 licensed and regulated by a respected government located outside of the USA.

United States gambling law prohibitions do not include licensed offshore sportsbooks. Legitimate offshore gambling sites are also outside of US jurisdiction. As long as the online racebook or sportsbook you are using is licensed and regulated, 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 Website

Bovada Sportsbook And Casino
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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 horse race. Below are a few reasons why Bovada is the #1 choice for USA players.

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  • All US players accepted, (few states precluded)
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Cons

  • They only accept U.S. players - no other countries
  • Excluded States: NY, NV, NJ, DE, MD

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Details Of The 144th Preakness Stakes - Dates, Channel And More

Date Of The Preakness: May 18th, 2018

Time: 6:20 pm

TV Channel: NBC

Coverage Start Time: 5:00 PM

Location: Pimlico Race Course, Baltimore, Maryland

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 licensed and regulated. All of the sites listed on this page are considered legal in the eyes of the US government and have been vetted for licensing credentials and stringent regulatory protocols. Betting through a sportsbook that is not legally licensed and regulated can get you into legal trouble.

2018 Preakness Results

  1. Justify
    Jockey: Mike E. Smith
    Trainer: Bob Baffert
    Winnings: $900,000
  1. Bravazo
    Jockey: Luis Saez
    Trainer: D. Wayne Lukas
    Winnings: $300,000
  1. Tenfold
    Jockey: Ricardo Santana Jr.
    Trainer: Steve Asmussen
    Winnings: $165,000
  1. Good Magic
    Jockey: Jose Ortiz
    Trainer: Chad Brown
    Winnings: $90,000
  1. Lone Sailor
    Jockey: Irad Ortiz Jr.
    Trainer: Tom Amoss
    Winnings: $45,000
  1. Sporting Chance
    Jockey: Luis Contreras
    Trainer: D. Wayne Lukas
    Winnings: $0
  1. Diamond King
    Jockey: Javier Castellano
    Trainer: John Servis
    Winnings: $0
  1. Quip
    Jockey: Florent Geroux
    Trainer: Rodolphe Brisset
    Winnings: $0

Justify completed another victorious effort with a win in the 2018 Preakness Stakes. The horse was amongst the favorites to win by most oddsmakers. Fans were also looking for Justify in the field as everyone loves to see a possible Triple Crown winner. There was a total purse of $1.5 million up for grabs for the 9.5-furlong race.

At the start of the race, conditions were not exactly the best. A dense fog had set in and visibility was scarce. Also, the tracks were quite muddy, which can create problems for certain horses. Justify broke out to an early lead right out of the gate. Good Magic came up close on the inside to give Justify a run for his money. At one point, both horses were matched stride for stride, though Good Magic eventually began to tire and fell back. Bravazo gave a late burst of energy up the center and tried to catch Justify. Tenfold made a run on the outside of the track and tried to round Justify. Both horses were unable to get up ahead of the thoroughbred and Justify went on to win the second jewel of the Triple Crown.

Justify was the heavy favorite in the matchup. Good Magic was expected to have the best odds of beating him. Good Magic was the runner up in the Derby behind Justify, and the fact that Justify bruised his heel during the Kentucky Derby gave bettors a hint that Good Magic may be able to capitalize. Quip, another horse in the race, opted out of the Kentucky Derby to conserve energy for the Preakness. Bravazo finished 6th in the Derby. Lone Sailer was 8th. Diamond King, Sporting Chance and Tenfold had all raced in previous competitions this year, but not the Derby.

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