Can you bet the Preakness at DraftKings or other sportsbooks?
Saturday marks the 2024 Preakness Stakes, where Kentucky Derby winner Mystik Dan looks to win the second leg in the coveted triple crown. If you’ve not bet on horse racing before, it’s fair to ask yourself whether you can bet on the Preakness at DraftKings and other sportsbooks.
The answer is most sportsbooks such as BetMGM and Caesars don’t allow you to bet on horse racing. That said, DraftKings and FanDuel have their own racing platforms in DK Horse and FanDuel Racing, respectively.
AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD, WA
AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY
Before you click either of the FanDuel Racing offer modules above or go to DK Horse to sign up, I encourage you to read about these two platforms as well as what other horse race betting alternatives are available in the absence of traditional sportsbooks.
You can bet on the Preakness Stakes on DK Horse
DK Horse is available in a large number of states. Those states are CA, CO, FL, IL, IN, IA, KY, LA, MD, MA, MN, MT, NY, OH, OR, PA, VA, WA, WV, and WY. Some of those states have legalized online sports betting while others have yet to legalize it.
That’s because betting on horse racing isn’t betting on the house like it is on DraftKings Sportsbook. Instead, you’re betting against your fellow bettors, who are what cause odds to fluctuate leading into a race.
By signing up for your DK Horse account, you’ll be enrolled in a 100% deposit match promo. Deposit as much as $250, and you’ll get every dollar matched in bonus cash. Every $2 you wager on DK Horse over the next seven days will unlock you $1 in your bonus cash.
You can bet on the Preakness Stakes on FanDuel Racing or FanDuel (certain states only)
AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD, WA
AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY
For those in states where you can’t wager on online sportsbooks, FanDuel will only allow you to place bets on their FanDuel Racing platform. That said, you get to either wager on FanDuel Racing or FanDuel Sportsbook if you’re in a legal online sports betting state.
Although there are two offer modules above corresponding to different states, that doesn’t change the fact that your sign-up promo is a $500 no sweat first bet. You can click one of the offer modules or use this link in states without legal online sports betting, or this link in states with legal online sports betting to sign up.
Out of all the sign-up offers out there, FanDuel Racing offers the best one in my opinion. If your first bet loses, you get racing credits that expire after seven days you can use on other races to try and win. There being no wagering requirement helps set this promo aside from DK Horse and others.
Age and residency restrictions apply. See terms at racing.fanduel.com. Gambling Problem? Call 1-800-GAMBLER.
New users only, must bet on Preakness Stakes to receive offer.
Other places to bet on the Preakness Stakes
TwinSpires
AL, AZ, AR, CA, CO, CT, DE, FL, ID, IL, IA, KS, KY, LA, MD, MA, MI, MT, NH, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY
While DK Horse and FanDuel Racing were their sportsbooks’ respective horse racing betting platforms, a site like TwinSpires specializes in horse racing 24/7/365. You won’t find anywhere better equipped to handle your horse racing fandom than TwinSpires.
If you click here, you’ll be taken to TwinSpires’ registration page where the promo code to use when prompted for one is RGRACING. This code will allow you to earn as much as $400 in bonus cash over 30 days.
For every $4 you bet on the Preakness or any other race in the next calendar month, you’ll have $1 in bonus cash credited to your account. You can wager as much as you want, with $1,600 being the maximum amount of cash you’d need to wager to secure your full promo. Create your new wagering account with TwinSpires.com and earn a $400 sign up bonus! Must use promo code on registration to be eligible. Valid for one use per household. $400 bonus cash will be credited in increments of $100 for every $400 wagered. To earn the full $400 bonus players must wager $1600 within 30 days of creating a TwinSpires account. Completed wagers mean that the race has run and the results are official. This sign up offer cannot be combined with any other registration bonus offer. Certain exclusions apply. All management decisions final.
AmWager
AL, CO, CT, DE, FL, ID, IN, IA, KS, KY, LA, MA, MT, NE, NH, NM, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, WV, WI, WY
AmWager is like TwinSpires in that they’re a specialized site when it comes to horse racing. Their availability across the country is impressive, and their promo for you to claim as a new user has the lowest wagering requirement of them all.
There’s only a 1x wagering requirement with this 100% deposit match worth up to $150. Whatever amount you deposit up to $150 is matched in wagering credits. From there, every dollar you wager unlocks $1 in your wagering credits.
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