Preakness Stakes Betting: How to Bet Preakness Stakes Online From These States
- The 2022 Preakness Stakes takes place Saturday, May 21
- This year, bettors can legally place Preakness wagers online in 33 states
- Below, see where you can wager on the Preakness online, start time, how to watch, and more
Here’s the bad news: Kentucky Derby-winner Rich Strike is not running in the 147th Preakness Stakes this Saturday (May 21), so there is no chance of a 2022 Triple Crown winner.
Here’s the good news: this year, bettors in a massive 33 states in the US can legally wager on the Preakness Stakes online from their phone, desktop, or tablet. So if you needed a little something extra to draw your interest to the race, there you have it.
Betting on the Preakness Stakes Online
There has never been a better time to be an online sports bettor in the United States, and that applies as much to horse bettors as it does to NFL bettors these days.
With the Preakness Stakes about 24 hours away, sports bettors in roughly two-thirds of the country can place a wager on the race right from their mobile device, joining roughly 140,000 spectators who will be wagering on the race live at Pimlico Race Course.
The full list of states where Americans can legally wager on the Preakness online is as follows: Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Vermont, Virginia, Washington, West Virginia, and Wyoming.
If you live in one of those states, you can click on the TVG banner directly below to start the signup process at the country’s premier horse-racing sportsbook.
All new TVG users will get a $200 risk-free bet just for creating their account!
The link above will redirect you to a TVG signup page, where you will need to enter some personal information (name, date of birth, address, mobile number, last four digits of SIN).
Once you have created your account, simply make a deposit and then place your first wager. The first bet you make at TVG is your risk-free bet, meaning, if it loses, TVG will refund your wager up to $200.
So if you wager $100, you would get $100 back. If you wagered $250, you would get $200 back from TVG.
In the sections below, you can find more information on when and where the race takes place, how to watch it on television and, perhaps most importantly, the types of bets you can make (plus links to helpful picks articles).
When Is the Preakness Stakes?
The Preakness Stakes takes place on Saturday, May 21st. While there will be races throughout the day at Pimlico Race Course – and the telecast of the event will begin much earlier (more on this below) – the actual post time for the race is 7:01 pm ET.
The post time is when the horses are actually scheduled to enter the gates.
Where Is the Preakness Stakes Run?
The Preakness Stakes takes place annually at Pimlico Race Course in Baltimore, Maryland. It’s less than an hour from Washington, DC, about two hours from Philadelphia, and just over three-hours’ drive from New York City.
Pimlico has been operating since 1870 and has a listed capacity of 98,983. But the facility has admitted as many as 140,000 for the Preakness in years past.
How Can I Watch the Preakness Stakes?
The Preakness Stakes broadcast will be carried by NBC, just like the Kentucky Derby two weeks ago. As mentioned above, the post time for the race is 7:00 pm ET. But television coverage of the Preakness starts at 4:00 pm ET, a full three hours earlier.
The races leading up to the Preakness Stakes include The Jim McKay Turf Sprint, UAE President Cup, The Sir Barton Stakes, and The Chick Lang Stakes.
The day prior (Friday, May 20th), USA Network (which is owned by NBCUniversal) will be covering the 98th running of the Black-Eyed Susan Stakes at 5:00 pm ET. Between that time and 7:00 pm ET on Saturday, the NBC Sports family of networks will be airing nine live races.
How Long Is the Preakness Stakes?
Distance-wise, the Preakness Stakes is 1 3/16 miles (or 9.5 furlongs or 1,900 meters). That makes it the shortest of the Triple Crown races, fractionally shorter than the Kentucky Derby (1.25 miles) and 3.5 furlongs shorter than the Belmont Stakes (1.5 miles).
In terms of time, the fastest Preakness Stakes time ever recorded was 1:53.00 by none other than Secretariat. The last two winners (Rombauer in 2021 and Swiss Skydiver in 2020) both went under 1:54, but prior to that, no horse had run faster than 1:54 since Curlin in 2007.
What Kind of Bets Can I Make on the Preakness Stakes?
In short, a multitude!
First, there is the standard win-type bets: you can wager on any horse to win, place, or show in the Preakness Stakes. The shortest odds to win at this stage are +120 (6/5) on Epicenter. The longest odds to win are +5000 (50/1) on Fenwick.
On top of that, you can also make a number of “exotic” bets. These include the exacta (predicting top-two finishers in correct order), trifecta (top-three finishers in correct order), and superfecta (top four finishers in correct order).
SBD’s horse experts have published their Preakness Stakes Expert Picks for 2022. And you will be able to find their Preakness Best Bets: Exacta, Trifecta & Superfecta bright and early on Saturday morning.
You can also check out the Pimlico Race Course Odds and Picks – Preakness Stakes Undercard as the risk-free bet can be used on more than just the Preakness.
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Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has been with SBD since 2014. He specializes in football, basketball, politics, baseball, and hockey.
