Don’t Miss These Preakness Stakes Promotions

If there’s ever a time to grab a killer promo off a racebook, it’s during the Triple Crown season — when betting interest is as high as it’ll ever get in this sport. As we inch toward the Preakness, you’ll start seeing racebooks roll out their best deals of the year. Deposit boosts, rebates on losses, crypto deals, all of it is on the table right now. We’ve personally pulled the very best deals going. For your convenience, we’ve listed them one by one below:

Bookie Welcome Bonus Ongoing Promotions Loyalty Program Payment Bonuses
Bovada 50% up to $250 75% crypto bonus + Free Bet Offers Yes Crypto Bonuses
Everygame 100% up to $500 $1000 crypto bonus + Free Bet Offers No Crypto Bonuses
MyBookie 50% up to $1000 100% crypto bonus + Free Bet Offers Yes Crypto Bonuses
BookMaker 20% up to $500 $500 refer-a-friend bonus Yes Crypto Bonuses
BetUS 125% up to $6000 150% crypto bonus + Free Bet Offers Yes Crypto Bonuses
XBet 50% up to $200 100% crypto bonus + Free Bet Offers Yes Crypto Bonuses
BetNow 100% up to $500 200% crypto bonus + Free Bet Offers Limited Crypto Bonuses

The Best Preakness Stakes Racebooks

Let’s clear something up — betting on the Preakness Stakes online isn’t hard. It’s not confusing, and it definitely doesn’t take a long time. But a lot of new bettors still hold back, thinking the process is some kind of hassle. It’s not. In fact, with the right game plan, you can be locked in and betting in under 15 minutes. Here’s EXACTLY how to do it:

  • Pick your sportsbook: This is where our top-rated Preakness betting sites come in. Some shine with big bonuses, others with sharp odds or exotic options. Figure out what matters most to you and match your pick to the right platform.
  • Create your : Hit and enter the basics — name, email, location, . Some sites might ask for ID to sp have something handy (a picture of your license or utility bill with home address visible usually does the trick).
  • Deposit funds: Load your using debit, credit, crypto, e-wallet, or anything else ed by the racebook. Many books offer bonus perks for crypto s so it’s worth considering if you want max value from your first deposit.
  • Place your Preakness bets: Head to the racebook, find the Preakness Stakes, and start building your ticket — win-place-show, exactas, trifectas, and more. Lock in your picks and you’re ready to roll.

How To Judge the Preakness Stakes Racebooks

We’ve tested more racebooks than we care to it — it’s our job, after all. After years in this game, you start to spot the winners early, no different than a racehorse. Sure, some of it is instinct, but it really comes down to a few core qualities that separate a real betting site from a nothingburger. That’s how we landed on the picks above. Here’s what we looked for:

Reputation and Reliability

You don’t mess around with payouts when it comes to horse betting — especially not during a marquee race like the Preakness. That’s why every site on our list has been vetted for trust. They’ve been around, they pay on time, and they don’t vanish when things get busy. Whether you’re cashing out a win-place-show ticket or a monster trifecta, you can do it here with peace of mind.

Betting Menu Depth

Anyone can throw up odds on the race winner. We want more than that — and you should too. We’re talking exotic bets, head-to-head matchups, futures, and live action if it’s offered. The books we picked let you go as deep as you want, whether you’re chasing value with an exacta or looking for a creative angle nobody’s talking about.

Promos That Actually Pay

The promos matter — but only if they’re usable. We’re not here for empty offers with 15x rollovers and fine print. We picked racebooks that dish out real bonus money, whether it’s a first-time deposit boost, a reload deal, or crypto-specific perks. The best part? These promos hit right when you need them — Triple Crown season. Again, check out the table we dropped above with the best deals right now. 

Racebook First Mentality

Plenty of sites tack on horse racing like an afterthought — buried menus, weak markets, and no attention to detail. Not the ones on this list. These racebooks are legit. They’re built for horseplayers, not just sports bettors or casino grinders, and it shows in how they treat race day. From odds layout to prop variety, these platforms care about getting the Preakness right.

Best Preakness Stakes Betting Odds

First thing is first, let’s take a look at the 2026 Preakness Stakes odds. Here’s how the field is being pegged by oddsmakers:

Horse Bovada BetUS MyBookie
Journalism -110 +450 +450
Clever Again +600 +2100 +2100
River Thamas +650 +2000 +2000
Sandman +650 +2100 +2100
Goal Oriented +725 +480 +480
American Promise +1200 +1000 +1000
Gosger +1800 +2800 +2800
Heart of Honor +2500 +1900 +1900
Pay Billy +3500 +1900 +1900

Betting on the Preakness can be complicated because the Kentucky Derby winner often goes favored even if they were a surprise in that victory. When the Kentucky Derby winner is injured or doesn’t make the race, the Preakness favorite is often the horse that finished best in the Kentucky Derby aside from the winner.

The best Preakness Stakes odds can be found when a horse didn’t run well in the Derby but is still primed for the second leg of the Triple Crown, or when a horse prepared for the Preakness Stakes in a race other than the Kentucky Derby

Eleven times in the last 30 years has the Kentucky Derby winner gone on to take the Preakness, most recently with Justify in 2018. He, like stablemate American Pharoah, went on to New York to win the Belmont Stakes and capture the Triple Crown. Horses before them that tried and failed were California Chrome, Big Brown, Smarty Jones, and Silver Charm to name a few.

There have been four horses in the last 30 years that lost the Derby but went on to win both the Preakness and the Belmont, with Afleet Alex being the most recent in 2005.

Types of Preakness Stakes Odds

Favorites have historically won about half of all Preakness Stakes, making them tougher to bet against than in the other two Triple Crown races.

However, longshots do sometimes win the Preakness. The biggest Preakness upset of all time was Master Derby in 1975 at 23 – 1. Oxbow won the race at 15 – 1 in 2013 over well-regarded Derby winner Orb. Shackleford was nearly 13 – 1 when he won 2011 over surprise Derby winner Animal Kingdom.

Preakness horse racing odds will range from favorites to big longshots with both having a chance to win.

The Preakness Stakes is known for having a raucous infield party in the center of the track and Pimlico is typically filled to capacity for their premier event. With InfieldFest concerts featuring some of the hottest bands and singers on the radio, the party can sur even that of the Kentucky Derby.

The Preakness trophy is the Woodlawn Vase, which was created in 1860. The Woodlawn Vase weighs nearly 30 pounds and has a value of over $1 million. The original is on display in a museum while a $30,000 replica is given to the winning owner each year.

The winning horse is draped with a blanket of Black-Eyed Susans, much like the winner of the Kentucky Derby gets a blanket of red roses. The black and yellow flowers boast Maryland’s state colors.

Preakness Stakes betting begins by 10 am the morning of the race.

 

 

Preakness Stakes FAQ