How To Bet On 2020 Preakness Stakes From Florida

By Horse Racing

The Preakness Stakes is the usually the second leg of the Triple Crown, but this year the race was postponed its scheduled running day on the 3rd Saturday of May to this Saturday, October 3rd. With the Belmont Stakes going ahead on its originally scheduled June date, the Preakness was also bumped to the final race of the 2020 Triple Crown.

Tiz the Law won the Belmont Stakes in June, but finished second to Authentic at last months Kentucky Derby, so there will not be a potential Triple Crown winner at this years Preakness Stakes.  That said, Derby winner Authentic will be in the field, as well as several other top quality horses including Art Collector and Thousand Words.

On this page I will recommend a betting site for Florida residents, look at where you can bet on the race from Florida, look at the early Preakness odds and finish with a simple 3 step guide you can follow to bet on this years Preakness Stakes.

Best Racebook for Florida Residents

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BetOnline is our #1 rated betting site for Florida residents looking to bet on the Preakness Stakes.

BetOnline offers new players a risk free $25 horse racing bet, which can be used on the Preakness, a 7% daily rebate on horse racing wagers and a 50% matching bonus up to $1000 on first deposits.  **There is a rollover requirement associated with the bonus.  Check out our review for full details.

Preakness Stakes Betting in Florida

At this time it’s not legal to operate a sportsbook in the State of Florida (this could change in the near future).  Currently, Florida residents must place their wagers through betting sites that are licensed and regulated outside of the United States. is licensed and regulated in Panama and they accept players from everywhere in the USA, including Florida.

Florida residents can place bets on the Preakness at racetracks throughout the state as well.  Tracks such as Gulfstream Park or Tampa Bay Downs offer simulcast betting which allows you to wager on horse races from across the country, including the Preakness Stakes.

Check out our Florida sports betting page for a more in depth look at sports betting in the state.

Preakness Stakes Betting Lines

Here is a screenshot of the fixed winner odds for the 2020 Preakness Stakes race from BetOnline.  These odds could change as we get closer to the race (odds accurate as of October 2nd).

Authentic is the favorite coming off his win at the Kentucky Derby in September. Art Collector, who did not participate in the other Triple Crown races, is his main competition. Art Collector has the faster racing times than Authentic, but has not competed against a field of this quality. Thousand Words at 10-1 definitely has a real chance at the win as well.

Bet On The Preakness Stakes from Florida – 3 Steps

Follow these three steps to get your bets placed on this years Preakness Stakes.

#1. Join

Click the above link and fill out the short form to open your account.

BetOnline is our #1 rated betting site for Florida residents.  They have served the USA betting market since 2004 and have built a strong reputation as a trusted and easy to use betting site in that time.

#2. Deposit

Log into your new account and click on the green ‘Deposit’ button.  Select one of the deposit methods (Visa, MasterCard, Bitcoin, Neteller, Skrill, etc) and follow the instructions to complete your deposit.

**Use promo code BOL1000 when making your first deposit to opt-in to the 50% up to $1000 first deposit bonus.  There are rollover requirements associated with this bonus.

#3. Place Your Preakness Stakes Bets

There are a couple different ways to bet on the race depending on when you’re placing your bet.

Before Race Day

Prior to race day you can place your bets in the Sports section of the BetOnline website.

  1. Click ‘Sports’ from the top navigation bar.
  2. Open the ‘Horse Racing’ drop down menu and select ‘Horses Daily’ -> ‘Pimlico’. The Preakness Stakes will be Race 11 on October 3rd.
  3. Select the Horse you want to bet on enter your risk amount on the Bet Slip.
  4. Click ‘Place my bet’ to confirm your wager.

On Race Day (October 3rd)

On race day (and usually a day or two before) you can bet through the racebook section of the site.  Click on ‘Racebook’ in the top navigation bar, open the ‘American Thoroughbred’ drop down menu and select ‘Pimlico’.  Select race #11 for the Preakness and select the wager type you’d like to make (straight, trifecta, etc).

Select your horse(s) -> enter your risk amount(s) -> Add to bet slip -> Submit all bets on the Bet Slip to lock in your wagers.

Here is a screenshot from this years Preakness showing the clicks to place a bet in the Racebook:

Check out our horse race betting section to learn more about betting on the race.  We also have a dedicated Preakness Stakes betting page with basic information.

Ready to bet?  Click here to visit

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