The 2023 Preakness Stakes takes place today (Saturday, May 20th) at Pimlico Race Course in Baltimore, Maryland. Mage, the Kentucky Derby winner, is the Preakness Stakes (official website) morning line favorite with odds of 8-5. He’s actually a much bigger favorite after First Mission, his main competition, was scratched during race week due to injury. A Preakness win will make the Triple Crown a possibility for Mage leading into the Belmont Stakes in June.
This page is meant to help American residents understand how to place a bet on this years Preakness Stakes online from anywhere in the country. Below I’ve recommended our top rated betting site for US residents, looked at the odds for the race, and included a simple 3 step guide you can follow to place your bets on the Preakness Stakes.
Best Betting Site For Americans
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BetOnline.ag is our recommended betting site for Americans looking to bet on the Preakness Stakes. BetOnline is one of the most popular and trusted betting sites serving US bettors. BetOnline accepts players from every State in America:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.
2023 Preakness Stakes Odds
Here are the current odds (and post positions) for the Preakness Stakes winner at BetOnline.ag (odds taken on May 20th):
You can see the up to date odds on the BetOnline website by opening the ‘Horse Racing’ drop down menu and selecting ‘Horses Daily’ -> ‘Pimlico’ in the ‘Sports’ section of the site.
The odds in the Sports section are ‘fixed’, which means when your bet is locked in at the odds you see when making the wager.
In the Racebook the parimutuel betting system is used, which means the odds for each wager can change right up until race time depending on the amount of money bet on each horse. I will be looking at betting through the Racebook in our three step guide below.
Bet On The Preakness Stakes in the United States – 3 Steps
Follow this three step tutorial to bet on the Preakness Stakes from anywhere in the USA:
Step 1. Join BetOnline.ag
Click the above link, select ‘Join Now’ on the home page, and fill out the sign up form to open your account.
BetOnline is the most popular betting site for Americans and they have a huge profit limit of $100,000 for the Preakness Stakes, which is higher than most other betting sites.
Step 2. Deposit
Log into your BetOnline account and click the green ‘Deposit’ button. Select your preferred deposit method, enter the amount you want to deposit, and follow the instructions to fund your account.
BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, other cryptocurrencies and various e-wallet deposit options. They also allow you to cash out winnings via bank wire or check through the mail.
Step 3. Place Your Preakness Stakes Bets
- Click ‘Racebook’ from the top menu bar -> open the ‘American Thoroughbred’ drop down menu -> select ‘Pimlico’.
- Select race #13 (post time 7:01pm ET) for the Preakness and the wager type (straight, exacta, trifecta, etc.) you want to bet.
- Enter your bet amounts next to the horse(s) you want to wager on and click ‘Add To Bet Slip’.
- When you are happy with your wagers click ‘Submit All Bets’ to lock them in.
Ready to bet? Click here to visit BetOnline.ag.
Check out our horse race section for a further breakdown of the different bets you can make on the race.