2024 Preakness Stakes Betting Preview: With Muth Out, Does Mystik Dan Win Two in a Row?
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Doug Upstone
- May 20, 2024
The Preakness Stakes is one of the most exciting races in American horse racing. Known as the middle jewel of the Triple Crown, this race is held at Pimlico Race Course on the third Saturday in May each year. Betting on Preakness Stakes has become almost as popular as the race itself.
Preakness is open to three-year-old Thoroughbred horses and is run just three weeks before the Belmont Stakes. The Preakness Stakes is one of the most prestigious races in the sport of horse racing and is often referred to as the “Run for the Black-Eyed Susans,” as the winner is traditionally draped in a blanket of Maryland’s state flower.
In the wake of the 149th Preakness on May 18th, 2024, our guide covers everything you need to know about the race.
Top Preakness Stakes Betting Sites
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2024 Preakness Stakes Info
- Race: 13
- Post Time: 6:45 PM ET
- Race Status: Grade 1
- Distance: 1-3/16 miles
- Conditions: Dirt
- Purse: $2,000,000
- Track: Left-handed
2024 Preakness Stakes Fixed Odds
2024 Preakness Stakes
Futures Odds
| HORSE | BETONLINE | BOVADA | EVERYGAME |
|---|---|---|---|
| Mugatu | +5000 | +3500 | +4000 |
| Uncle Heavy | +1800 | +1600 | +1400 |
| Catching Freedom | +400 | +400 | +350 |
| Muth | Scratched | Scratched | Scratched |
| Mystik Dan | +180 | +190 | +175 |
| Seize the Grey | +1600 | +1200 | +1400 |
| Just Steel | +1000 | +1100 | +1000 |
| Tuscan Gold | +400 | +400 | +375 |
| Imagination | +450 | +400 | +400 |
2024 Preakness Stakes Betting Guide
After a week of uncertainty, horse racing fans got the good news that Kentucky Derby winner Mystik Dan will run in the Preakness.
Though we understand breeding has changed along with other aspects of the sport when running a top thoroughbred just two weeks between races doesn’t make as much sense as it used to, nonetheless, having the Derby winner in Baltimore makes for a better storyline for all parties concerned.
However, that news has been offset by learning Wednesday morning 8-5 favorite Muth has been scratched due to a fever. According to DailyRacingForm.com Muth’s trainer Baffert said while horses frequently get shipping fever and can get over it quickly, the fact Muth’s temperature was as high as 103 degrees and he did not eat made it an easy decision to scratch. “I didn’t want to take any chances, it was a quick call,” Baffert said. “You got to jump on it right away, you got to treat it and forget about it.”
We will now have eight horses breaking out of the gate this Saturday, let’s break down the field.
Editor’s note: With the opening of pari-mutuel betting, the original ML odds will quickly change after Muth’s withdrawal. However, top-rated sportsbooks updated their fixed odds, Wednesday evening, and you can find them in the table above.
Top Preakness Contenders
With Muth out, Mystik Dan (5-2 odds) becomes that favorite and he will try and become the eighth horse to win the first two legs of the Triple Crown this century on Saturday. It is no secret that jockey Brian Hernandez Jr. will attempt to have a similar trip as MD did in Louisville, which is to find a way to the rail and create the shortest possible trip, saving energy of his ride.
MD was third to Muth at the Arkansas Derby, however, when this article was posted, there was a 60 percent chance of shows Saturday in Baltimore, and Mystik Dan’s fastest speed rating (also fastest in the field) came on an off-track. Will the energy be there late?
Catching Freedom (6-1) was a very popular early Run for the Roses choice on Derby week. He is one of three horses to run in that race and his attraction is he is known as a deep closer and showed it, coming back from 15th to finish 4th.
Trainer Brad Cox is not just taking a shot in this race, he knows his horse got pinched in the back of the pack two weeks ago and will need to be just off the pace to have a chance to win, something CF have accomplished three times in six starts. The Preakness is not kind to deep closers for several reasons, yet, at the same time, Catching Freedom has never had a bad race which keeps him in the mix.
No Lack of Imagination
Imagination by results has fair odds at 6-1, with two triumphs and four 2nds in a half dozen starts. He is the stablemate of Muth and fits the role fans of this sport comprehend as Baffert’s “other horse” that he loves to use in big races. However, that role changes now and he becomes the focus of the Baffert crew.
Among concerns for Imagination is he was second to Stronghold in the Santa Anita Derby and he was a distant 7th at the Kentucky Derby. One big change for Imagination is with eight horses instead of nine, history showed the #9 position had only won the Preakness four times. Moving over one spot could help Imagination immensely in this race.
Next Group of Preakness Contenders
Trainer Chad Brown has twice won the Preakness with Cloud Computing (2017) and Early Voting (2022). The method he has used is having his horse skip the Derby and focus on this race at a distance the horse is comfortable with.
Horses are long shot for a reason and this will be just Tuscan Gold’s (8-1) fourth race, having won once and finishing 3rd at the Louisiana Derby. If there is a thoroughbred behind the favorites with a shot to win, it is this one.
Preakness Summation
Mystik Dan takes over the favorite role, nevertheless, that doesn’t change he is still running on short rest. A wet track might be to MD’s liking if that occurs, but if he’s already fatigued, running in the slop takes more energy.
Tuscan Gold offers a mixed bag, but with Muth gone and Mystik Dan a potential mystery that opens the door for others and we’ll say this lightly raced horse charges to the finish line first.
2024 Preakness Stakes Best Bets
As mentioned above, we like Muth for our best bets on Saturday. If you’re only interested in Place and Show bets, this are our suggestions:
To Win: #8 Tuscan Gold
To Place: #3 Catching Freedom
To Show: #5 Mystik Dan
However, if you’re feeling a bit more adventurous, we suggest the following trifecta boxes.
Trifecta Box: #8, #5 and #3
You can find the above options at Bovada (visit our Bovada Review)
2024 Preakness Stakes Early Preview
Although the 150th Kentucky Derby finished in spectacular fashion with the closest photo-finish since 1947 and a surprise winner at 18-1 odds, horse racing enthusiasts quickly turned their attention to the 149th Preakness Stakes, scheduled for May 18th, 2024.
The field for the race has been settled since Muth’s scratch on Wednesday, so futures odds from top-rated sportsbooks are available. In total, we’ll have eight horses vying for victory at Pimlico with Muth the favorite out of the running, all eyes are on the star of the Kentucky Derby, Mystik Dan at 3-1 and Catching Freedom at 4-1.
At BMR, we aim to keep you ahead of the curve so we’ll use this list while more oddsmakers post their odds.
For example, if you want to bet on Mystik Dan for a Triple Crown win you already know only 13 horses have been able to accomplish this. But, did you know that a total of 36 horses in history were eligible going into the Belmont Stakes?
Despite not being the favorite, with possible odds of 3-1 MD is worth a flyer to win Preakness.
Early Overview
On Saturday, May 11th, trainer Kenny McPeek confirmed the news that horse racing fans had been eagerly awaiting for: Mystik Dan will run the Preakness Stakes.
Now, we have to wait and see if MD will be able to cinch the Triple Crown. Muth, the big favorite for Preakness, is now not going to run at all.
Arguably one of the best horses of 2024, Muth did not participate in the Derby this year due to his trainer Bob Baffert being barred by the organization from entering his Thoroughbreds in this year’s edition.
This scenario sets the stage for an intriguing second leg of the Triple Crown series, so let’s break down some of its intricacies.
Did you know?
For example, although the Kentucky Derby is more well-known by the general public, the Preakness has the second-best attendance draw annually in horse racing, beating the Belmont Stakes, Breeders Cup and even the Kentucky Oaks Day (the day before the Kentucky Derby).
Another thing to keep in mind is the field size limit, capped at a maximum of 14 horses. However, the last time we saw a full field was in 2011, when Shackleford (12-1) defeated the favorite, Animal Kingdom (2-1).
2024 Preakness Stakes Field Info
2024 Preakness Stakes
Field Info
| Post Position | HORSE | TRAINER | JOCKEY | ML ODDS |
|---|---|---|---|---|
| 1 | Mugatu | Jeff Engler | Joe Bravo | 20-1 |
| 2 | Uncle Heavy | Butch Reid Jr. | Irad Ortiz Jr. | 20-1 |
| 3 | Catching Freedom | Brad Cox | Flavien Prat | 6-1 |
| 4 | Muth (Scratched) | Bob Baffert | Juan Hernandez | 8-5 |
| 5 | Mystik Dan | Kenny McPeek | Brian Hernandez Jr. | 5-2 |
| 6 | Seize the Grey | D. Wayne Lukas | Jaime Torres | 15-1 |
| 7 | Just Steel | D. Wayne Lukas | Joel Rosario | 15-1 |
| 8 | Tuscan Gold | Chad Brown | Tyler Gaffalione | 8-1 |
| 9 | Imagination | Bob Baffert | Frankie Dettori | 6-1 |
Why Preakness Stakes is Popular
The top draw for decades was the winner of the Kentucky Derby who almost always ran in the Preakness. That gave the race an automatic air of anticipation. Could the Derby champion repeat or would another horse that raced in Lexington or one making its Triple Crown debut be fresher and beat the champ?
In recent years, because horses don’t race as often as in previous times, the two-week break is no longer considered long enough and not every Derby champion makes the trip to Baltimore anymore. That is a negative for the sport. Nonetheless, it is still a major attraction, just less so without the Derby winner.
Fortunately, for this year’s edition, Mystik Dan took part, after McPeek confirmed on May 11th that MD will race.
Preakness Stakes vs. Kentucky Derby and Belmont: What Sets Them Apart?
As mentioned above, not all the Derby champs come to Pimlico in this era for various reasons. As to why, the sport has changed. Horses, with rare exception, don’t run every two weeks for top races in modern racing. Three races in five weeks have always been a lot to ask of a horse.
With training altered and so much money involved for the top horses, owners and trainers have too much at stake and it is better to pass up a race, even one like the Preakness, rather than have the horse lose its projected value.
Besides this, the 20-horse field at Churchill Downs on the first Saturday in May can see horses get bumped around quite a bit, which can take a physical and mental toll on the animal.
Shorter Distance
Another key aspect is the Preakness is shorter at a mile and 3/16, compared to the Derby at a mile and 1/4. That doesn’t make it a sprint, but the pace is generally quicker.
Though both Pimlico and Churchill Downs are two turn ovals of one mile, the shape of the ovals is different. That is partly the case because Churchill is 10 wider across than Pimlico.
The other important part is the corner embankments at Pimlico are lower, thus, jockeys have to slow the horses slightly so they stabilize their balance, compared to race tracks that have the normal 4 to 6-degree embankment that allow the horse and its rider to maintain a level of speed.
How Horses Qualify for Preakness Stakes
The thoroughbreds from the Kentucky Derby that finished in the Top 5 are granted automatic spots, however, they all just come to Baltimore. The majority of the rest of the field is chosen but those from graded stakes earnings, as well as lifetime earnings.
Those owners who want to race but are not qualified have to pay a supplemental nomination fee of $150,000.
Additionally, a horse or two that is one of the top three-year-olds in Maryland can qualify.
For the 149th edition, we’ll have a nine-horse field that includes Kentucky Derby winner, Mystik Dan.
Preakness Stakes Fun Facts
- The Preakness Stakes is a Grade I race run over a distance of 1 3⁄16 miles (9.5 furlongs) on dirt. The race length has been altered seven times but has been at this distance since 1925.
- The Preakness is actually two years older than the Kentucky Derby, first run in 1873.
- The Preakness is the second leg of the Triple Crown since 1932. Before that, the Preakness was run before the Derby on 11 occasions.
- The immortal -Secretariat (1973) – still holds the record for the fastest time for 9.5 furlongs at 1:53.
- The largest margin of victory was by Smarty Jones (2004) at 11 ½ lengths. The oddity of that is the very first Preakness (1873) held the record at 10 lengths until then.
- Hall of Fame trainer Bob Baffert (and still going strong) holds the record for the most Preakness wins (8), which started in 1997.
- Jockey Eddie Arcaro holds the record for the most Preakness wins with 6.
Who's Running in the 2024 Preakness Stakes?
Post positions were drawn Monday, May 13th. On May 15th, favorite Muth, was scratched for a fever. The final eight that ran were:
- Mugatu
- Uncle Heavy
- Catching Freedom
- Mystik Dan
- Seize the Grey
- Just Steel
- Tuscan Gold
- Imagination
Having addressed that, the next pressing question is: How many Kentucky Derby horses will compete in the Preakness Stakes?
In total, we’ll have nine horses competing for the middle jewel of the crown. Less than 24 hours after the Derby, Sierra Leone’s trainer, Chad Brown, made it clear that his next start would be in the Belmont Stakes.
Back to Japan
Meanwhile, Forever Young, the Japanese horse that finished third, will be skipping the rest of the Triple Crown and returning to the Land of the Rising Sun, along with 5th place T O Password. There was much anticipation regarding these two horses given their excellent showing last Saturday.
Sixth-place Resilience are also opting out. Stronghold is also a longshot after it was announced he’s heading back to California. So, which horses could we actually see in Pimlico on May 18th?
Baffert’s Back
While many Derby participants will skip the Preakness Stakes, we do know that Bob Baffert is eagerly anticipating this race. Baffert, a Hall of Fame trainer with the most wins at Preakness, was not banned from participating in this year’s Run for the Roses.
Baffert could potentially have a strong showing at Pimlico. Muth is the favorite, with odds of 8-5. Then, Mystik Dan at 3-1 and Catching Freedom with odds of 4-1. Imagination is another one of Baffert’s horses and is 8-1.
Other Participants
Tuscan Gold, trained by Chad Brown, is 5-1.
Meanwhile, Seize the Grey (20-1) will also enter. Additionally, two others that have earned automatic berths this year include Informed Patriot and Copper Tax. However, neither will take part.
Best Racebooks for Betting on Preakness Stakes
If you’re getting ready to bet on the Preakness Stakes, it’s crucial to remember that relying on reputable horse racing betting sites is key. Our experts have found the top five best options:
- BetOnline – Great Preakness Stakes betting promos
- Bovada – Best welcome bonus for Preakness Stakes bettors
- BookMaker – Offers sharp fixed odds on the Preakness Stakes
- Heritage Sports – Beginner-friendly horse racing betting operator
- BetAnySports – Offers a 10% profit boost on Preakness Stakes winnings
1. Great Preakness Stakes Betting Promotions: BetOnline
Key Features
- Large betting limits on the Preakness
- Great betting promos for horseplayers
BetOnline offers fixed-odds futures on the Preakness Stakes, and you can often bet on matchups between two specific horses too. The odds are impressive, so it is worth adding BetOnline to any comparisons you conduct, and you can win up to $100,000 on this race.
There are some interesting promotions for horse bettors at BetOnline. They include a rebate of up to 9% on any losing bets and a $25 risk-free first bet after you sign up. BetOnline offers same-day payouts too.
2. Best Racebook Welcome Bonus: Bovada
Key Features
- Market-leading odds on some Preakness betting contenders
- Excellent sign-up bonus for horseplayers
Bovada is another elite offshore betting site that provides a full-service racebook, a world-class sportsbook, a large casino and America’s largest online poker room. It offers a very similar service to Bookmaker for Preakness Stakes bettors: early fixed-odds futures and a full menu of pari-mutuel bets further down the line, with large win limits.
This site also offers an appealing welcome bonus worth up to $250 on fiat deposits and $750 on crypto deposits. You can use it on horse races, and it has a 5x rollover requirement, which is lower than most rivals. It provides same-day payouts too.
3. Sharp Fixed Odds on the Preakness Stakes: BookMaker
Key Features
- Provides appealing fixed-odds on Preakness futures
- Net profits of up to $100,000 available on the Preakness
Bookmaker.eu is quick to release fixed-odds futures betting lines on the Preakness Stakes after the Kentucky Derby has concluded. It generally offers better odds than its rivals, so you can maximize your profits by choosing Bookmaker, but it is always beneficial to shop around for the best odds on an individual horse.
This horse racing betting site accepts all players, including professionals, and it does not limit winning players. It is a highly reputable and trusted betting site with an excellent sportsbook, and it pays out quickly. You will be paid at full track odds from Pimlico Race Course on pari-mutuel wagers, but Bookmaker is not part of the pari-mutuel pools, so your bets will not affect them.
4. Beginner-Friendly Preakness Stakes Betting Site: Heritage Sports
Key Features
- Very easy-to-use site for novice horseplayers
- Excellent customer service if you need assistance
Heritage Sports is our top choice for newcomers to betting on Triple Crown races such as the Preakness Stakes. It makes the entire process very easy, from signing up and making a deposit to placing your bets and getting paid out.
The mobile racebook is user-friendly too, so it is great for placing last-minute bets on the day of the race. It offers lower maximum win limits than Bookmaker, so it is more suited to casual players, but five-figure payouts are still available.
5. Get a 10% Profit Boost on Preakness Stakes Winnings: BetAnySports
Key Features
- Pays customers 10% extra on winning Preakness bets
- Very competitive rebate program
BetAnySports offers a package called Racebook+, which will earn you a 10% boost on the track odds displayed for any pari-mutuel bet. For example, if your Preakness Stakes wager would pay out $800, you can look forward to an $880 return.
There is an alternative rebate program, which gives you 6% cash back on all horse racing bets placed – win or lose. BetAnySports also pays out up to $100,000 on the Preakness, and it is another easy-to-use site with reliable withdrawals and strong customer service.
When will horses be selected for the Preakness Stakes?
Post positions for the Preakness Stakes were determined on May 13, 2024, at 05:30 PM ET.
Post positions for Triple Crown horse races such as the Kentucky Derby, Preakness Stakes and Belmont Stakes are determined through a random draw that takes place a few days before the race.
This drawing typically involves numbered pills that are placed into a machine, like in a raffle or lottery drawing. Representatives of each horse draw pills at random to determine the order in which the horses get to select their post position.
The first horse to draw selects their preferred post position, and the process continues until all the horses have selected their position. The order in which horses select their post position is determined by the order in which they drew their pills.
Preakness Stakes Post Time
The post time for the 149th Preakness Stakes is 7:01 P.M. EST on May 18, 2024.
Coverage of the early races begins at 1:30 PM. The event will be broadcast by NBC and Peacock.
2024 Preakness Stakes Horses & Jockey Silks
The official post positions for the 149th Preakness Stakes were revealed on May 13, 2024. Very little compares to watching the horse you bet on break from the post and barrel toward the finish line with all its might.
In a race, the jockeys will always wear the horse owner’s silks. Owners’ silks never change and there is a special registration process to ensure that each one is unique. This is especially perfect for when these horses appear in other Triple Crown events like the Belmont Stakes or Kentucky Derby; you can easily identify every single horse on the field.
Below, you’ll find the horses for the 2024 Preakness Stakes in alphabetical order.
Catching Freedom
Post Position: 3
Jockey: Flavien Prat
Trainer: Brad Cox
Owner(s): Albaugh Family Stables LLC
Silks Description: Bright blue with a white star on the torso, with white sleeves that feature blue racing stripes along with a bright blue cap.
Placed: 3rd.
Imagination
Post Position: 8
Jockey: Frankie Dettori
Trainer: Bob Baffert
Owner(s): Zedan Racing Stables, Inc.
Silks Description: Dark blue with a yellow star on the chest and yellow argyle patterns on the sleeves, and a yellow cap.
Placed: 7th
Just Steel
Post Position: 6
Jockey: Keith Asmussen
Trainer: D. Wayne Lukas
Owner(s): BC Stables LLC
Silks Description: Cream silks with red and green sash-style striping down the torso, the sleeves are also cuffed in red. The cap is red.
Placed: 5th.
Mugatu
Post Position: 1
Jockey: Joe Bravo
Trainer: Jeff Engler
Owner(s): Zedan Racing Stables, Inc.
Silks Description: Yellow with red stripes down both sleeves. There is an “Average Joe Racing Stables” logo on the chest and it’s worn with a red cap.
Placed: 8th.
Mystik Dan – Winner of the Kentucky Derby
Post Position: 4
Jockey: Brian Hernandez Jr.
Trainer: Kenneth McPeek
Owner(s): Lance Gasaway, Daniel Hamby III, Valley View Farm LLC and 4G Racing LLC
Silks Description: Black with horizontal dark green stripes that continue onto the sleeves, worn with a green and black cap.
Placed: 2nd.
Seize The Grey – Winner
Post Position: 5
Jockey: Jaime Torres
Trainer: D. Wayne Lukas
Owner(s): MyRacehorse
Silks Description: Black silks with white chevron details on the sleeves and the MyRacehorse logo in white on the chest, worn with a white cap that also bears the logo.
Placed: 1st.
Tuscan Gold
Post Position: 7
Jockey: Tyler Gaffalione
Trainer: Chad Brown
Owner(s): William H. Lawrence, Walmac Farm and Stonestreet Stables LLC
Silks Description: Blue with yellow designs on the sleeves and a yellow compass emblem on the chest, worn with a yellow and blue striped cap.
Placed: 1st.
Uncle Heavy
Post Position: 2
Jockey: Irad Ortiz Jr.
Trainer: Robert Reid Jr.
Owner(s): Michael Milam and LC Racing LLC
Silks Description: Black with blue diamond details down each sleeve. There is a white and blue diamond with a large M emblazoned across the chest. Worn with a blue and black cap.
Placed: 6th.
How To Read The Preakness Stakes Odds
Early betting odds on the Preakness Stakes are displayed in the American format. They begin with a plus, and the numbers highlight the profit available on a winning $100 wager. For example, if a horse racing betting site offers +550, a $100 bet would yield a $550 profit if that horse were to win.
The official track handicapper at Pimlico Race Course will then provide Morning Line odds on the day of the race. These are the handicappers’ best guesses at the pari-mutuel payouts that will be available on each horse if he or she wins. Bets such as the win, place, show and exacta on the day of the race are calculated on a pari-mutuel basis, whereby all the money wagered is divided among bettors with winning tickets, and a dividend will highlight your total return from a $1, $2 or $0.50 bet.
Preakness Stakes Betting Markets Available
On race day, horseplayers have the opportunity to place several different types of bets.
Here is a look at some of the most common bets on horses:
- Win: A bet on the horse that will finish the race in the fastest time.
- Place: A bet on a horse to finish first or second, in either place.
- Show: A bet on a horse to finish first, second or third.
- Exacta: A bet on the winning horse and the runner-up, in that exact order.
- Trifecta: A bet on the winner, runner-up and third-place horse.
- Superfecta: A bet on the first four horses to finish the race.
- Pick 3: Pick the winner of three consecutive races.
Preakness Stakes Betting Tips
As the second leg of the Triple Crown, the Preakness Stakes attracts the best horses, trainers and jockeys from around the world.
To increase your chances of making informed betting decisions, consider these tips when placing your bets on the Preakness Stakes.
- Consider inside post positions: Six out of nine Preakness winners in recent years came from the first half of the field, so it might be advantageous to consider horses starting from inside post positions.
- Look for pacesetters and speed horses: Late closers have historically struggled at the Preakness Stakes, so focus on horses with a history of setting the pace or displaying impressive speed.
- Don’t overlook double-digit winners: Six out of ten Preakness winners in the last decade were double-digit odds, so it’s important not to just focus on the favorite when placing your bets.
- Focus on proven Stakes winners: The majority of recent Preakness winners had already won a graded Stakes and a significant number of them had already won a Grade 1 race. Therefore, look for horses with a proven track record in Stakes races.
- Consider the trainer and jockey: A horse’s success can also depend on its trainer and jockey, so look for trainers and jockeys with a proven track record in big races.
- Pay attention to recent form: Horses that have been performing well in recent races may be more likely to continue their winning form at the Preakness Stakes, while horses with poor recent form may struggle.
- Look for horses with experience: Inexperience can be a disadvantage at the Preakness Stakes, so horses that have raced in big fields and on different tracks may be better equipped to handle the pressure and challenges of the race.
- Consider the distance: The Preakness Stakes is a 1 3/16 mile race, shorter than the Kentucky Derby, so some horses may excel at shorter distances, while others may prefer longer races.
- Be aware of the track conditions: The track conditions on race day can affect the performance of the horses, so look for horses that have experience running on similar track conditions to those expected at the Preakness Stakes.
By keeping these tips in mind, horse bettors can make more informed decisions when placing their bets on the Run for the Black-Eyed Susans.
Exploring the History of the Preakness
The Preakness Stakes is one of the most important and exciting horse racing events in the United States. This historic race takes place at Pimlico Race Course in Baltimore, Maryland, and is the second leg of the Triple Crown, following the Kentucky Derby by just two short weeks.
The race gets its name from the first three-year-old colt to win the race at Pimlico, which was called the Dinner Party Stakes at the time.
The Preakness Stakes has been run annually since 1873 and has seen some of the biggest names in horse racing history compete for the coveted title. Like the Kentucky Derby, the Preakness Stakes has become a symbol of tradition and the second jewel of the Triple Crown is also known for its unique celebratory customs; one of the most iconic traditions is the painting of the iconic “Old Hilltop” weather vane in the colors of the winning horse’s silks.
The Preakness Stakes is also a major event for horse racing bettors, who have been placing bets on the race for over a century. With the rise of online horse race betting, betting on the Preakness Stakes has never been more convenient. Bettors can easily compare odds from the best online racebooks in one place, and take advantage of exciting bonuses and betting promotions offered by reputable horse racing betting sites.
One of the most popular types of bets for the Preakness Stakes is the exacta, where bettors must correctly predict the horses that finish in first and second place.
As the Preakness Stakes continues to grow in popularity, it will be exciting to see how the world of online horse race betting will evolve. With the rise of new technologies and the expansion of online betting platforms, horse racing fans around the world can now participate in this historic and exciting event no matter where they are.
Betting on Preakness Stakes FAQs
How do I place a bet on the Preakness?
It is easy to get in on the betting action for the Preakness Stakes. Simply register at one of the top-rated online horse betting sites and make your initial deposit. Now, you are ready to fill out a bet slip.
When can you place bets for Preakness?
Most online horse betting sites begin taking wagering action after the drawing of the post positions takes place.
How many horses are in the Preakness?
The racetrack at Pimlico can run up to 14 horses. For the 2024 Preakness Stakes, eight horses took the field.
Can any horse enter the Preakness?
Eligibility to run is determined by earnings in past races throughout a horse’s career. Automatic qualification is given to the winners of the Kentucky Derby, Federico Tesio Stakes, Oaklawn Invitational and the El Camino Real Derby.
Has a female horse won the Preakness?
Since 1873, only six fillies have won the Preakness, with the most recent one taking place at the October 2020 race at Pimlico; Swiss Skydiver finished with a time of 1:53.28 and took a purse of $1,050,000.
Is Preakness bigger than Kentucky Derby?
The Pimlico Racecourse is 9.5 furlongs, which puts it at just one-sixteenth of a mile shorter than the Kentucky Derby, which takes place at Churchill Downs.
