How To Bet On The Preakness Stakes Online

By Horse Racing

The 2023 Preakness Stakes race will take place at Pimlico Race Course in Baltimore, Maryland, this Saturday, May 20th. The Preakness Stakes will be broadcast on NBC from 4:30-7:30pm EST, with the Preakness having a post time of 7:01pm.

On this page I will recommend a betting site for wagering on the Preakness Stakes, look at the Preakness morning line odds, and provide a simple three step guide you can follow to bet on the Preakness Stakes race online from around the world.

Top Sportsbook For Preakness Betting

Sportsbook Rating Bonus Review Visit
50% up to $1000 Review Visit is our recommended online sportsbook for anyone interested in betting on the Preakness Stakes online.

BOL offers new players a risk free $25 horse racing bet that can be used on the Preakness Stakes, a 9% rebate on horse racing bets daily, and a first deposit bonus of up to $1000.

Preakness Stakes Morning Line Odds

Here are the Preakness Stakes post positions and morning line odds, which were set on Monday of Preakness Stakes week.

  1. National Treasure 4-1
  2. Chase the Chaos 50-1
  3. Mage 8/5
  4. Coffeewithchris 20-1
  5. Red Route One 10-1
  6. Perform 15-1
  7. Blazing Sevens 6-1
  8. First Mission 5/2

Mage is a significant favourite according to the oddsmaker. First Mission was considered Mage’s main competition, but he was scratched during race week due to injury concerns, which means the race will run with only 7 horses and Mage’s true odds are shorter than 8-5.

Bet On The Preakness Stakes Online – 3 Steps

Follow this three step guide to bet on the Preakness Stakes online from anywhere in the world.

Step 1. Join

Click the above link, select ‘Join Now’ on the BOL home page, and complete the sign up form to open your account.

Step 2. Deposit Funds

After logging into your BOL account click on the green ‘Deposit’ button. Choose your preferred deposit method, enter the deposit amount, and follow the instructions for your deposit option to fund your account.

BOL accepts Visa, MasterCard, AmEx, Bitcoin, Ethereum, other cryptocurrencies, and various other deposit methods depending on your location. You can cash out any winnings via most of the same methods, as well as by bank wire or check through the mail.

Step 3. Place Your Preakness Bets

  1. Click ‘Racebook’ from the top navigation bar.
  2. Open the ‘US Thoroughbred’ drop down menu and select ‘Pimlico’
  3. Select ‘May 20’ and race #13 (post time of 7:01pm EST) for the Preakness Stakes.
  4. Select your wager type, enter your betting amounts and click ‘Add To Bet Slip’.
  5. If you are happy with the bets click ‘Submit All Bets’ to lock in the wagers.

Here’s a screenshot example from this years Preakness showing the clicks to place a win bet on Mage:

**All bets placed through the Racebook use the parimutuel betting system. This means the odds are not fixed, but instead are determined by the amount bet on each horse and wager type, relative to the amount bet in the entire betting pool.

Head to our horse race betting section to learn more about the different bets you can make on the Preakness Stakes race.

Ready to bet? Click here to visit

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