How to bet on the Preakness and best promos to sign up with
If you’re looking to bet on horse racing for the first time online, you’re in luck. This article has all the information you need to know on how to bet on the Preakness Stakes and what the best promos are to capitalize on.
If you want to dive head first into betting on the Preakness, you can click any of the offer modules below to claim your promo and make your account. With that said, I’ll revisit these later on and give context to these promos and the platforms.
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
AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY
AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD, WA
How to bet on the Preakness
You’ll first want to ensure you’re in a state where betting on horse racing is legal. States where you can’t wager on horse racing are Alaska, Georgia, Hawaii, Mississippi, Nevada, South Carolina, Texas, and Utah. It’s also not legal in Washington D.C. Everywhere else in the U.S. is legal.
You’ll next want to pick where you’ll bet on horse racing. Multiple options are available including TwinSpires, FanDuel Racing, and DK Horse. You can see the sign-up promos they have for you and decide which might be best for you in the following section. Take note of the available states listed with each platform to make sure they operate in your state.
While each promo works a little differently, you can place your first bet after signing up and completing your first deposit. If you’re experienced with online sports betting, you’ll notice the odds are in fraction form. To understand these odds, the first number tells you how much you pay, while the second tells you how much you win if your horse wins.
Where to bet on the Preakness
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
TwinSpires leads my list of best places to wager on the Preakness, as they’re the most dedicated horse race betting platform in the industry. When you’re signing up for your new account, click here and use promo code RGRACING.
After you’ve signed up, you’ll earn $1 in bonus cash for every $4 you spend in your money on horse racing. You can earn as much as $400 in bonus cash, which would require $1,600 to be wagered.
There’s no pressure to spend more than you can afford however, as TwinSpires gives you 30 days to unlock as much bonus cash as you can. You’ll be provided with past race history and updates on track conditions to help you make the best decision for yourself.
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.
FanDuel Racing
AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY
AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD, WA
FanDuel Racing comes in second on this list. Their promo in all states is the same $500 no sweat first bet, which pays you back racing credits equal to your first bet up to $500 if you lose. Your racing credits expire after seven days.
As you’ll notice above, there are two offer modules with the same sign-up promo but different states being listed out. That’s because if you’re in a state where traditional online sports betting isn’t legal, you can only wager through the FanDuel Racing app. If you’re in a state where online sports betting is legal, you can wager through FanDuel Racing or FanDuel Sportsbook.
You must be a new player to click here and sign up for their promo in a state where online sports betting isn’t legal. You can be a returning player and click here to claim their promo if you’re in a legal online sports betting state.
New users only; must bet on Preakness Stakes to receive offer.
Age and residency restrictions apply. See terms at racing.fanduel.com. Gambling Problem? Call 1-800-GAMBLER.
DK Horse
CA, CO, FL, IL, IN, IA, KY, LA, MD, MA, MN, MT, NY, OH, OR, PA, VA, WA, WV, WY
Rounding out my list of the best Preakness Stakes betting sites is DK Horse, which is DraftKings Sportsbook’s own dedicated horse race betting platform like how FanDuel Racing is that for FanDuel.
Unlike FanDuel, you can only wager on horse racing on the DK Horse platform regardless of what state you’re located in. The promo they offer is matching 100% of your first deposit in cash up to $500 in cash (meaning $250 in bonus cash)
You must deposit a minimum of $25 and satisfy a 2x play-through requirement over seven days. What this means is every $2 you wager in cash unlocks $1 of your deposit match bonus. If you deposited the maximum amount of $250, you’ll need to wager $500 to unlock your full amount of bonus cash.
Image Credit: Washington Post