Sports Gambling

Here Is How to Bet The Preakness Stakes Online in Pennsylvania

Published

3 years ago

May 13, 2021

After last year threw the Triple Crown for a loop, the Preakness is back in its rightful place in the middle of May, sandwiched between the Kentucky Derby and Belmont Stakes.

It is legal to bet on the Preakness Stakes online in the state of Pennsylvania. Although betting on horse racing has different rules than other sports betting, doing so is easy and accessible throughout PA.

There is serious interest surrounding the Preakness this year, but not for the usual reasons. Generally, the public is curious to see if the Kentucky Derby winner can complete the second leg of the Triple Crown. We are still wondering about that, but this year’s controversial Kentucky Derby finish adds a new element to the mix.

Medina Spirit tested positive for steroids after winning at Churchill Downs, but the Bob Baffert horse is still planning on racing in the Preakness. This added drama has undoubtedly created additional buzz around the event.

I don’t blame Baffert. I blame Medina Spirit

Whenever someone suggested he take an illegal substance, he could have said Neigh…

— Matt Jones (@KySportsRadio) May 9, 2021

Click here to sign up with TVG and grab a risk-free bet of up to $300 for the Preakness Stakes.

You Can Bet on the Preakness Stakes in Pennsylvania

Pennsylvania is one of the industry leaders when it comes to online sports betting. The Keystone state has one of the most robust markets for online sports bettors, and horse racing is no exception. Currently, Pennsylvania is one of 31 states that allow for online horse racing betting.

There are obvious similarities between betting on major sports like baseball, football, and basketball, but the process for wagering on horse racing is a bit different. Therefore, bettors won’t find race odds on the Preakness at standard online sportsbooks.

How To Bet the Preakness Online in Pennsylvania

TVG is the place to go for all your horse racing needs in PA, which applies to this weekend tenfold.

The TVG app is similar to online sportsbooks like DraftKings, FanDuel, PointsBet, and others that Pennsylvania bettors have grown familiar with over the years. It’s worth noting that TVG is the sister app of FanDuel Sportsbook, which means the two apps share plenty of similarities.

TVG is an accessible place for the experienced horse racing bettor and the complete novice. Even if this is your first time betting on the horses, figuring out how to bet isn’t as daunting as it may seem.

First things first, you are going to need to sign up with TVG by following these simple steps:

Sign up with TVG by clicking any of the available links on this page.
Make an initial deposit via any of the secure and convenient banking methods.
Place your first bet risk-free up to $300 on the Preakness Stakes.

How To Bet on Horse Racing

If you happen to be new to betting on horses, then you have come to the right place to nail down the basics.

We’ll quickly take you through a few of the most popular and common ways to wager.

If you are a more seasoned horse racing bettor, feel free to jump down to the Preakness odds and figure out your move for Saturday.

Win, Place, Show

Win, place, and show are the most straightforward ways to bet on horse races. “Win” is pretty obvious. You are picking a horse to win the race and get the glory. “Place” bets are for bettors who want to pick a horse to finish first or second, providing more wiggle room for a winning ticket. Unsurprisingly, “show” bets are for horses that finish in the top three.

If you are looking for the simplest way to bet on the Preakness (and potentially win big), these are the types of bets you want to make. Pick a horse that you like to win, place, or show and enjoy the race.

If you are looking for a little more action (and potentially stronger payouts), exotic betting is the way to go.

Exotic Bets

In typical gambling terms, exotic bets are parlays that can be made on one race or across multiple races. Horizontal bets occur across multiple races. Pick a winner in four different races and wait for that massive winner.

Meanwhile, vertical betting is a form of exotic bet that takes place in one race. This is probably the option that most Preakness Stakes bettors want to check out. Players can pick the order of the finish to secure massive payouts.

Exacta bets are when players pick the top two finishers in the race. Trifectas are for the top three finishers. Superfecta bets include the first four finishers.

Exactas, trifectas, and superfectas are tough to hit, but they provide big-time payouts.

Preakness Odds

Here are the current odds on this year’s Preakness:

Horse	Odds	Trainer / Jockey
Ram	30-1	D. Wayne Lukas / Ricardo Santana
Keepmeinmind	15-1	Robertino Diodoro / David Cohen
Medina Spirit	9-5	Bob Baffert / John Velazquez
Crowded Trade	10-1	Chad C. Brown / Javier Castellano
Midnight Bourbon	5-1	Steven M. Asmussen / Irad Ortiz Jr.
Rombauer	12-1	Michael W. McCarthy / Flavien Prat
France Go de Ina	20-1	Hideyuki Mori / Joel Rosario
Unbridled Honor	15-1	Todd A. Pletcher / Luis Saez
Risk Taking	15-1	Chad C. Brown / Jose Ortiz
Concert Tour	5-2	Bob Baffert / Mike Smith

Can Medina Spirit Win Without Controversy?

Medina Spirit is coming into this race with a gigantic spotlight. Bob Baffert is the most famous trainer in the world, and Johnny Velazquez might be the best jockey on the planet. It’s no surprise that Medina Spirit is entering as the favorite after winning the Kentucky Derby.

But did Medina Spirit actually win the Kentucky Derby? Baffert’s horse was dinged for a positive steroids test following the race, and now there is a ton of controversy surrounding the horse.

All eyes are going to be on Medina Spirit, Baffert, and Velazquez this weekend. Can they overcome the controversy and win the Preakness? Only time will tell.

Click here to sign up with TVG and grab a risk-free bet of up to $300 for the Preakness Stakes.