Preakness Stakes 2022 Betting

The Preakness Stakes is the middle jewel in the US Triple Crown of Thoroughbred Racing, run on the third Saturday in May at Pimlico racecourse in Baltimore, Maryland.

Best Offer For {{stateName}}

Showing , United States
EDIT LOCATION
Loading...

Online gambling is not available in this state. We have more information on why:

Online Gambling in {{stateObject.name}}

The Preakness Stakes is the middle jewel in the US Triple Crown of Thoroughbred Racing, run on the third Saturday in May at Pimlico racecourse in Baltimore, Maryland. It is run over the unusual distance of 1 mile and 1 1/2 furlongs, the winner earning a flower blanket of yellow Black-Eyed Susans and the coveted Woodlawn Vase - the most expensive trophy in American sports.

Swiss Skydiver became the first filly to win the race since 2009 and just the sixth in the 145 Preakness Stakes that have been held.

Recommended Preakness Stakes Betting Sites

shield of trust Secure trusted partners Trusted star verified Verified
Affiliate Disclosure: At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you. At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. More
, United States
Online gambling is not available in this state. More information is available here
EDIT LOCATION
Online gambling is not available in this state. More information is available here
Loading...

Preakness Stakes Betting Tips

PointsBet To Launch Fixed Odds For New Jersey Horse Racing
© PA
PointsBet To Launch Fixed Odds For New Jersey Horse Racing
The company announces that it has signed a deal with BetMakers Technology to offer fixed odds for ra...
Kentucky Derby Controversy May Actually Be Good for Racing
Kentucky Derby Controversy May Actually Be Good for Racing
Maximum Security's disqualification in the Kentucky Derby may have been controversial, but it was th...
Derby Long-Shot Winner Country House Pulled from Preakness
Derby Long-Shot Winner Country House Pulled from Preakness
Kentucky Derby winner Country House won’t be making a run at the Triple Crown, with the horse being...

How To Bet On The Preakness Stakes

First run in 1873, the Preakness Stakes purse is $1.5 million and always attracts the Kentucky Derby winner, as well as many of the US’s premier three-year-old thoroughbreds. It is the feature event across Pimlico’s three-day May meeting and music concert Infield, generating a carnival atmosphere around Baltimore, rockstars and racegoers mingling at the betting windows.

The Preakness Stakes day total horse race betting handle exceeds $90 million, a further $19 million bet on the previous day’s Black-Eyed Susan race day, as more than 120,000 ascend the ‘Old Hilltop’

The Preakness Stakes betting attracts more than $55 million in bets each year. Preakness Stakes betting markets include the ‘win’, ‘place’, and ‘show’ standard horse racing wagers, and also have these exotic bets:

  1. Exacta - Pick the first and second horse home in any race, in the correct order.
  2. Trifecta - Predicted the first three home in the right order.
  3. Superfecta - Select the first four to finish the race in the right order.
  4. Quinella - This bet boxes an Exacta, meaning you still win as long as the two picks finish in the first two, regardless of their order. You can also box a Trifecta and Superfecta.

You can bet on the Preakness Stakes at the racecourse and online, including on betting sites outside the US, with many of the NJ betting sites and PA betting sites offering Preakness Stakes betting markets, such is the international appeal of the Second Jewel.


Top Preakness Stakes Betting Trends

The Preakness Stakes betting is dominated by the Kentucky Derby winner and other purse earners, those horses just about always winning the prize. But there can be surprises, like when Kentucky Oaks winner Rachel Alexandra won in 2009.These betting tips can help:


Recent Preakness Stakes Odds

The Preakness Stakes odds can often throw up a shock, as the nature of the course, and the placement on the calendar makes it notoriously tricky to win. The most recent recipients of the famed carnations have not all been favorites in the Belmont Stakes Odds:

YearHorseJockeyTrainerOdds / $2 Payout
2021 RombauerFlavien PratMichael W. McCarthy12/1 / $25.60
2020Swiss SkydiverRobby AlbaradoKenny McPeek11/1 / $25.40
2018War of WillTyler GaffalioneMark E. Casse6/1 / $14.20
2018JustifyMike SmithBob Baffert2/5f / $2.80
2017Cloud ComputingJavier CastellanoChad Brown134/10 / $28.80
2016ExaggeratorKent DesormeauxJ. Keith Desormeaux13/5 / $7.20
2015American PharoahVictor EspinozaBob Baffert9/10f / $2.80
2014California ChromeVictor EspinozaArt Sherman1/2f / $4.50
2013OxbowGary StevensD. Wayne Lukas154/10 / $32.80

The Preakness Stakes Course Information

The Preakness Stakes is run over 1 mile 1 1/2 furlongs on the dirt track at Pimlico Race Course in the US state of Maryland. The track is 1 mile oval with a rise on the infield that gives the racetrack it’s nickname, ‘Old Hilltop’. It opened in fall, 1870, with the colt Preakness winning the first running of the Dinner Party Sakes. Three years later that colt was honoured with the inauguration of the Preakness Stakes in 1873.

As well as the Preakness Stakes, Pimlico is famous as the venue at which the incredible match race between Seabiscuit and War Admiral took place on November 1, 1938. A crowd of 43,000 watched on as 1937 US Triple Crown hero War Admiral was defeated by plucky Seabiscuit in the Pimlico Special, run over the same distance as the Preakness.

How is the Preakness Stakes field decided?

The Preakness Stakes field is limited to 14 runners, but there can often be more than 300 horses nominated for the race. In order to take part in the Preakness Stakes, horses must first be entered at a cost of $15,000 to pass the entry box, and $15,000 to start the race. If more than 14 horses pay to start, the final line up will be decided by prize money already won.

The first seven places are filled by horses accumulating the highest earnings in Graded races. The next four places go to horses accumulating the highest earnings in stakes races whose conditions contain no restrictions other than age or sex. The final three places are given to horses with the highest total earnings in all races.

In addition, no horse finishing in the first five in the Kentucky Derby shall be denied a place in the Preakness Stakes - or in the third Triple Crown race, the Belmont Stakes. There are also two ‘also-eligible horses’, or reserves chosen - they become a starter should any of the first 14 be scratched before the scratch deadline.

Check out US sports betting sites to know about sign up process, where you can bet online, what sports you can bet on etc.

More Preakness Stakes Tips

Wild Kentucky Derby Impacts Early Preakness Stakes Odds
Wild Kentucky Derby Impacts Early Preakness Stakes Odds
The 145th Kentucky Derby will go down in history, but not perhaps in the way most would've hoped.
PointsBet To Launch Fixed Odds For New Jersey Horse Racing
© PA
PointsBet To Launch Fixed Odds For New Jersey Horse Racing
The company announces that it has signed a deal with BetMakers Technology to offer fixed odds for ra...
Preakness Stakes Tips & Betting Analysis: 5 Horses to Watch
Preakness Stakes Tips & Betting Analysis: 5 Horses to Watch
Check out the latest odds and top tips from Scott Hazelton on the 2019 Preakness Stakes.
Kentucky Derby Controversy May Actually Be Good for Racing
Kentucky Derby Controversy May Actually Be Good for Racing
Maximum Security's disqualification in the Kentucky Derby may have been controversial, but it was th...
Derby Long-Shot Winner Country House Pulled from Preakness
Derby Long-Shot Winner Country House Pulled from Preakness
Kentucky Derby winner Country House won’t be making a run at the Triple Crown, with the horse being...
Wild Kentucky Derby Impacts Early Preakness Stakes Odds
Wild Kentucky Derby Impacts Early Preakness Stakes Odds
The 145th Kentucky Derby will go down in history, but not perhaps in the way most would've hoped.

Contributors

Contributors

Hi, I'm Dan Kilbridge

"An experienced bettor with a decade writing about sports and gambling, Dan's expertise includes college football, college basketball, golf, the NFL and more."

Interests
  • Sports Betting
  • College Football
  • Political Betting Markets

Reviewer since September 2019

×