Betting Guide
How to Bet on the 2024 Preakness Stakes
By TVG Staff
Updated April 13, 2024
The 148th running of the Preakness Stakes is coming up at Pimlico Race Course on Saturday, May 18th. The 1 3/16-mile dirt race is named after the horse who won the Dinner Party Stakes on the first day Pimlico was ever open. Now the second jewel of the American Triple Crown and the flagship event at the Baltimore track, the race is open to leading three-year-old colts, geldings, and fillies.
Preakness Stakes Field
The field for the 149th Run for the Black-Eyed Susans won’t begin to take shape until after the 2024 Kentucky Derby happens on May 4. At that point, we’ll know which horse this year has the chance of taking home the 14th Triple Crown victory, as well as the horses that will be competing alongside.
Our quick guide can help you get the most out of Maryland’s biggest event. The 2023 Preakness was a thriller, with National Treasure bouncing back from his Santa Anita Derby disappointment to post a game frontrunning score in Baltimore. If the 2024 edition is anywhere near as exciting, it will be a great day for bettors and fans alike!
What Sort of Bets Can I Place on the Preakness?
With all the various combinations of wagers, you have many choices for how to bet on the second leg of the Triple Crown. Those choices include straight bets as well as exotics. It pays to consider them all and then select based on your bankroll, your risk tolerance, and your opinions on horses in the race.
Straight Bet Options
Most horseplayers, experienced and novices alike, tend to keep things simple by wagering on the nose with a Preakness Stakes win bet. As long as you are confident in your horse, and you are getting odds as good as your assessment of their actual win chances, this is an excellent bet to make. After all, your fortunes will be tied in your one strong opinion: that your pick will be the winning horse of the Preakness Stakes.
If you want to go for a little insurance instead, you can opt for a smaller payout by betting your runner to place or show. Place bets mean your runner needs to finish in the first two, while show betting covers the first three.
Preakness Exotic Wagers
If you want to take a chance on a big payoff in the Preakness, you can place exotic wagers, predicting the top few horses in the finishing order. An exacta bet means picking the first two, or you can place trifectas (first three) and even superfectas (first four).
Tons of Preakness Stakes bets are available if you’re in the mood for exotic bets. Our team at TVG can help you get started with a risk-free wager for new customers.
Why Bet on the Preakness?
There is no obligation to bet on horse racing to enjoy it, but betting and thoroughbred racing have been linked since the sport began. Many believe that placing a wager on the Preakness makes the race much more enjoyable.
Most of us won’t be able to be at Pimlico Race Course on May 18th to see this Triple Crown race play out, and most of us are not lucky enough to own a horse fast enough to make it to the Preakness. When enjoying the race from a distance, the best way to feel fully invested in the race is to place a bet and cheer on your horse to win.
Betting on this historic horse racing event can be done from thousands of miles away, so no matter where you are, you can play your part in the 149th Preakness Stakes with a little help from TVG.
Who Are the Leading Contenders?
The 2024 Preakness Stakes is still nearly two months away, and we won’t have an idea who the leading contenders might be until after the Kentucky Derby, so the final Preakness Stakes contenders won’t take shape until then. So, keep your eyes peeled on this spot.
Bet the 2024 Preakness Stakes Online with TVG
Our dedicated team of experts is always on-hand to offer an in-depth analysis of all the contenders in this year’s Preakness Stakes.
Keep an eye out on the latest Preakness Stakes odds to see where your horse stands and place your bets with us. TVG is your trusted one-stop destination for legal online Preakness picks and for betting the Kentucky Derby, Belmont Stakes, and horse races all year long!
Disclaimer:TVG provides free information, odds, facts, and commentary about the Preakness Stakes and horse racing and betting, in general. Third-party marks may be referenced in a transformative, editorial, informational, nominative, critical, analytical, or comparative context. TVG may reference marks belonging to third parties pursuant to our right to engage in fair use, fair comment, statutory fair use, or trademark fair use doctrine. As such, TVG does not contribute to any dilution of any trade or service marks.
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If you don't win your first single-horse win bet. Bet the Preakness!By TVG Staff
Updated April 13, 2024
The 148th running of the Preakness Stakes is coming up at Pimlico Race Course on Saturday, May 18th. The 1 3/16-mile dirt race is named after the horse who won the Dinner Party Stakes on the first day Pimlico was ever open. Now the second jewel of the American Triple Crown and the flagship event at the Baltimore track, the race is open to leading three-year-old colts, geldings, and fillies.
Preakness Stakes Field
The field for the 149th Run for the Black-Eyed Susans won’t begin to take shape until after the 2024 Kentucky Derby happens on May 4. At that point, we’ll know which horse this year has the chance of taking home the 14th Triple Crown victory, as well as the horses that will be competing alongside.
Our quick guide can help you get the most out of Maryland’s biggest event. The 2023 Preakness was a thriller, with National Treasure bouncing back from his Santa Anita Derby disappointment to post a game frontrunning score in Baltimore. If the 2024 edition is anywhere near as exciting, it will be a great day for bettors and fans alike!
What Sort of Bets Can I Place on the Preakness?
With all the various combinations of wagers, you have many choices for how to bet on the second leg of the Triple Crown. Those choices include straight bets as well as exotics. It pays to consider them all and then select based on your bankroll, your risk tolerance, and your opinions on horses in the race.
Straight Bet Options
Most horseplayers, experienced and novices alike, tend to keep things simple by wagering on the nose with a Preakness Stakes win bet. As long as you are confident in your horse, and you are getting odds as good as your assessment of their actual win chances, this is an excellent bet to make. After all, your fortunes will be tied in your one strong opinion: that your pick will be the winning horse of the Preakness Stakes.
If you want to go for a little insurance instead, you can opt for a smaller payout by betting your runner to place or show. Place bets mean your runner needs to finish in the first two, while show betting covers the first three.
Preakness Exotic Wagers
If you want to take a chance on a big payoff in the Preakness, you can place exotic wagers, predicting the top few horses in the finishing order. An exacta bet means picking the first two, or you can place trifectas (first three) and even superfectas (first four).
Tons of Preakness Stakes bets are available if you’re in the mood for exotic bets. Our team at TVG can help you get started with a risk-free wager for new customers.
Why Bet on the Preakness?
There is no obligation to bet on horse racing to enjoy it, but betting and thoroughbred racing have been linked since the sport began. Many believe that placing a wager on the Preakness makes the race much more enjoyable.
Most of us won’t be able to be at Pimlico Race Course on May 18th to see this Triple Crown race play out, and most of us are not lucky enough to own a horse fast enough to make it to the Preakness. When enjoying the race from a distance, the best way to feel fully invested in the race is to place a bet and cheer on your horse to win.
Betting on this historic horse racing event can be done from thousands of miles away, so no matter where you are, you can play your part in the 149th Preakness Stakes with a little help from TVG.
Who Are the Leading Contenders?
The 2024 Preakness Stakes is still nearly two months away, and we won’t have an idea who the leading contenders might be until after the Kentucky Derby, so the final Preakness Stakes contenders won’t take shape until then. So, keep your eyes peeled on this spot.
Bet the 2024 Preakness Stakes Online with TVG
Our dedicated team of experts is always on-hand to offer an in-depth analysis of all the contenders in this year’s Preakness Stakes.
Keep an eye out on the latest Preakness Stakes odds to see where your horse stands and place your bets with us. TVG is your trusted one-stop destination for legal online Preakness picks and for betting the Kentucky Derby, Belmont Stakes, and horse races all year long!
Disclaimer:TVG provides free information, odds, facts, and commentary about the Preakness Stakes and horse racing and betting, in general. Third-party marks may be referenced in a transformative, editorial, informational, nominative, critical, analytical, or comparative context. TVG may reference marks belonging to third parties pursuant to our right to engage in fair use, fair comment, statutory fair use, or trademark fair use doctrine. As such, TVG does not contribute to any dilution of any trade or service marks.