How To Bet On 2024 Preakness Stakes From Florida

By Horse Racing

It’s Preakness Stakes weekend! The 2024 Preakness is set to take place this Saturday, May 18th at Pimlico Race Course in Baltimore, Maryland. The race has a post time of 7:01pm EST, with NBC broadcasting all of the action in the United States from 4:30-7:30pm.

Mystik Dan won the Kentucky Derby on May 4th, and he will enter the Preakness with morning line odds of 5-2 as he attempts to keep his chances at a Triple Crown alive with a win in the Preakness. Muth, who was the morning line favorite with odds of 8-5 was scratched earlier in race week due to illness, which leaves Mystik Dan as the favorite leading into the race.

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

Sportsbook Rating Bonus Review Visit
50% up to $1000 Review Visit 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 9% 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 2024 Preakness Stakes race from BetOnline.  These odds could change as we get closer to the race (odds taken on May 17th).

Mystik Dan is the +200 favorite entering the Preakness Stakes, while Catchin Freedom, Imagination and Tuscan Gold are the other top contenders after Muth’s withdrawal.

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, select ‘Join Now’ on the home page 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, American Express, Bitcoin, Ethereum, etc) and follow the instructions to complete your deposit.

**Use promo code BET1000 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 what type of bet you want to place. In the Sportsbook you can bet on the race winner using fixed odds, while in the Racebook you have the full variety of horse race betting options, but the bets use the parimutuel betting system.

Sportsbook (Fixed Odds)

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’.
  3. Select the Horse you want to bet on and enter your risk amount on the Bet Slip.
  4. Click ‘Place Bet’ to confirm your wager.

Racebook (Parimutuel Betting)

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 #13 (post time of 7:01pm EST) for the Preakness Stakes 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 win 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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