The 2026 Preakness Stakes race will take place at Laurel Park in Laurel, Maryland (due to construction at Pimlico Race Course), this Saturday, May 16th. The Preakness Stakes will be broadcast on NBC from 4-7:30pm ET, 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 | Bonus | Visit |
|---|---|---|
 |
50% up to $250 in Free Bets | Visit |
BetOnline.ag 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 $250 in free bets.
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.
- Taj Mahal 5-1
- Ocelli 6-1
- Crupper 30-1
- Robusta 30-1
- Talkin 20-1
- Chip Honcho 5-1
- The Hell We Did 15-1
- Bull By The Horns 30-1
- Iron Honor 9-2
- Napoleon Solo 8-1
- Corona de Oro 30-1
- Incredibolt 5-1
- Great White 15-1
- Pretty Boy Miah 15-1
Iron Honor (9-2) is the favourite according to the morning line odds, while Taj Mahal, Chip Honcho, Incredibolt, and Ocelli are the other top contenders in the field of 14 horses.
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 BetOnline.ag
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
- Click ‘Racebook’ from the top navigation bar.
- Open the ‘US Thoroughbred’ drop down menu and select ‘Laurel Park’
- Select ‘May 16’ and race #13 (post time of 7:01pm ET) for the Preakness Stakes.
- Select your wager type, enter your betting amounts and click ‘Add To Bet Slip’.
- If you are happy with the bets click ‘Submit All Bets’ to lock in the wagers.
Here’s a screenshot example from last years Preakness showing the clicks to place a win bet on Journalism as an example:
**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 BetOnline.ag.
Preakness • Preakness Stakes • Preakness Stakes betting