Best Preakness Stakes Betting Sites in 2021

Every year on the third Saturday in May, The Preakness Stakes is run at Pimlico Racecourse in Baltimore, Maryland. This 9.5f Grade 1 race is run on the dirt and it is the second leg of the American racing Triple Crown. The first leg is the Kentucky Derby, held two weeks earlier, while the final leg is the Belmont Stakes, run two or three weeks afterwards.

This race is hugely popular with American racing fans and it is the second highest attended race after the Kentucky Derby. In our Preakness Stakes 2019 Betting Guide you will learn everything there is to know about this race. We look back at past winners, we reveal the best Preakness Stakes betting sites and we outline how to bet on the Preakness Stakes. Keep on scrolling to get the lowdown on the Preakness Stakes…

Preakness Stakes Previous Winners - 2009-2021

Preakness Stakes Famous Past Winners

• Bob Baffert has a fine record in the Preakness Stakes and won it with Justify (2108) and American Pharoah (2015), with both horses going on to complete the Triple Crown.
• Secretariat holds the record for the fastest winning time, scoring in 1.53.00 in 1973.
• Only five fillies have won the Preakness Stakes, with Rachel Alexandra in 2009 ending an 85 year wait since the previous winning filly Nellie Morse (1924).
• Northern Dancer won the Preakness Stakes back in 1964 and he went on to become one of the most influential sires of all time.
• Master Derby was the biggest priced winner of the Preakness Stakes, returning at $48.80 in 1975.
  

Preakness Stakes Facts And Records

The winner of the Preakness Stakes picks up a cool £666k so it is no wonder it is such a keenly contested event. Bob Baffert is the joint record holder for most wins with Robert Wyndham Walden. Both trainers have seven wins apiece. Eddie Arcaro is the most successful Preakness Stakes jockey with six wins between 1941-57.

Calumet Farm is a powerhouse in the USA and they have not only owned seven winners, they have bred seven winners too. The Infieldfest has been hugely popular with fans, though attendances dipped when alcohol was temporarily banned in 2009. The Preakness Stakes even has its own official cocktail, the Black-eyed Susan.

Preakness Stakes Facts and Stats

• Secretariat holds the record for the fastest winning time ever at the current distance (1m 53 sec).
• Smarty Pants won by a record distance of 11 lengths back in 2004.
• Bob Baffert (7 wins) is the leading modern day trainer.
• The leading Preakness Stakes jockey is Eddie Arcaro with 6 wins.

When and where is the Preakness Stakes held?

Pimlico Racecourse in Baltimore is the venue for the Preakness Stakes and it attracts a massive crowd every year. It is run on the third Saturday in May and it is the middle leg of the Triple Crown. The distance is 9.5f and the race is run on the dirt.

The 2019 renewal of the Preakness Stakes will be run on Saturday, May 18th at Pimlico Racecourse. Whoever wins the Kentucky Derby a couple of weeks earlier will be dreaming of completing the middle leg of the American Triple Crown. 

Interestingly, the Preakness Stakes is known locally as ‘The run for the Black-Eyed Susans’. The reason for this is that the winner has a blanket resembling the Maryland State Flower placed across its back.

At the time of writing, no ante-post betting markets were available for the 2019 Preakness Stakes. The markets are likely to be formed when the Kentucky Derby is run earlier in May. However, you will still find some useful nuggets of information here, including a guide on how to bet on the Preakness Stakes and some interesting trends. We might just help you find the Preakness Stakes winner, so keep reading to find out more…

Preakness Stakes Trends

Keen eyed punters should always keep an eye out for any patterns or trends when sizing up a race. History often repeats itself and you can increase your chances of picking the winner by taking note of trends. Our experts have looked at the Preakness Stakes and you can check out the trends they noticed below…

• Only one filly has won the Preakness Stakes since 1924 so it makes sense to focus on the colts.
• The legendary Bob Baffert is always worth following and he has won the race on a record 7 occasions.
• The Kentucky Derby winner is an obvious one to keep onside as they will be looking to try and go on to complete the Triple Crown.
• Kent Desormeaux, Victor Espinoza and Gary Stevens have been the jockeys to follow in recent years with three wins each.

Preakness Stakes Betting Sites

Betting sites in the UK not only cover domestic racing, most have extensive coverage of International racing too. Most mainstream bookies will accept bets on the Preakness Stakes, so how do you choose between them?

Well, there are a number of qualities to look out for. These include value, promotions, sign up offers and streaming. Only a few betting sites tick every box and our analysts reveal their top Preakness Stakes betting sites above.

How To Bet On The Preakness Stakes

If you are wondering how to bet on the Preakness Stakes you are in the right place. Punters have a wide range of markets to choose from and in this section, we look at some of the most popular wager types. From straight win, place, SP and each way betting to forecasts, tricasts and other specials, we have you covered.

Betting On The Preakness Stakes: Win, SP, Place And Each Way

The simplest way to bet on the Preakness Stakes is in the win, place or each way markets. Odds can vary between bookies, especially in the ante-post markets, so the first thing to do is locate the biggest price. Also, look out for betting sites that offer best odds guaranteed. If you place a bet and take a price, but it wins after drifting to a bigger price, you will get paid at the best odds.

To get a return on win bets your selection has to come home in front. For place bets, your horse must finish in the first three. Each way bets see your stake split between the win and place and most bookies pay 1/5 odds for three places for the Preakness Stakes. For example, if you back a horse at 10/1 each way and he finishes 2nd, you will get 2/1 on the place (£10 e/w @ 10/1 would return £30 including £10 stake).

You can also place SP (or Show) bets and these are returned at the official starting price. However, if a bookmaker pays best odds guaranteed, we recommend taking a price when placing your win or each way bet. If your selection shortens, you will get paid at the price you originally took. However, if it drifts you will get paid at the biggest price. For this reason it is imperative to take advantage of any best odds guaranteed offers for the Preakness Stakes.

Betting On The Preakness Stakes: Exotic Bets

If you think you can predict the first two or three finishers in the Preakness Stakes, these wagers will be right up your street. Landing exotic wagers is more difficult than straight win or place bets, but the rewards are bigger. You could win a very tidy amount for a relatively small stake, if your luck is in.

Forecasts require you to predict the first two home in the correct order, while with a tricast you predict the first three. Combination forecasts and tricasts require you to predict the first two or three in any order. These bets are settled by using tote dividends and the bigger the odds of the horses, the bigger your return will be.

Straight forecasts and tricasts are simply one bet, but combo forecasts and tricasts cost more to place. With a combination forecast you are placing two bets, so a £5 reverse forecast will cost £10 (2 x £5). A combination tricast contains six selections, so a £5 reverse tricast will set you back £30 (6 x £5).

Betting On The Preakness Stakes: Specials And Enhanced Offers

Some bookmakers will have special markets and offers available for the Preakness Stakes. Bet365, for example, usually have match betting markets available. Match betting markets in horse racing require you to bet on one horse to beat another. Your selection doesn’t have to win the race, he just has to beat the horse you have backed him to finish in front of.

Paddy Power are renowned for their promotional offers, and chances are they will have a special for the Preakness Stakes. If there is a big field, they could have enhanced each way terms with an extra place or two. Alternatively, if there is a red hot favourite they may refund losing bets if the jolly wins. Keep an eye out for Preakness Stakes promotions with Paddy Power when the race draws closer.

If, as is likely, there is a red hot favourite for the Preakness Stakes some bookies will have winning distance specials available. Ladbrokes are well known for having offers of this type if there is a horse at prohibitive odds. For winning distance wagers, you bet on your horse to win by a defined distance, for example by two lengths or more. So, if you fancy a horse to hack up, you could pump up your profits by betting on the winning distance.

Preakness Stakes Betting Odds

At the time of writing, no bookmaker had odds available for the Preakness Stakes. They probably won’t have prices until closer to the event. When the Preakness Stakes betting odds are compiled make sure to check back for our race preview and Preakness Stakes betting tip.

In the meantime, you should check out our 2019 Kentucky Derby betting guide and tip. The first leg of the Triple Crown usually gives a good indication as to what horses will come to the fore in the Preakness Stakes. We look at some of the main contenders for the Kentucky Derby, so make sure to give our betting guide a read. It might be worth your while!

Preakness Stakes FAQs

How long is the Preakness Stakes?

The Preakness Stakes is run over a distance of 1 mile 1.5 Furlongs (9.5F) on the dirt. It is restricted to 3yos only and has a purse of $1.5 million. The Preakness Stakes is the second leg of the American Triple Crown and it is run on the third Saturday in May. The venue is Pimlico Racecourse in Baltimore, Maryland.

Can I watch the Preakness Stakes online?

In previous years you could watch the Preakness Stakes on TV by tuning into At The Races. That channel is no more in 2019, but you can still watch the Preakness Stakes live on Sky Sports Racing. Paddy Power have live streaming of the Preakness Stakes available. If you place a qualifying bet of just £1 (£0.50 e/w) you can watch the Preakness Stakes online via your desktop or mobile device.  

Where can I find the best Preakness Stakes Betting Odds?

It cannot be repeated often enough, finding the best Preakness Stakes betting odds is vital. If you are serious about turning a profit from betting, seeking out the very best price should be your number one priority. No odds are currently online for the Preakness Stakes, but in general Bet365 are reliable when it comes to providing punters with value for ante-post bets.