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If the sound of thundering hooves makes your heart skip a beat, you're probably looking forward to this years' Preakness Stakes. Even if you can't make it to Maryland to watch the race, you can still get involved by placing a bet online. This guide will teach you how to bet on the Preakness Stakes online.
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If the sound of thundering hooves makes your heart skip a beat, you're probably looking forward to this years' Preakness Stakes. Even if you can't make it to Maryland to watch the race, you can still get involved by placing a bet online. This guide will teach you how to bet on the Preakness Stakes online.
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Introduction
- The Preakness Stakes horse race is the second race in the Triple Crown and takes place before the Kentucky Derby and after the Belmont Stakes. Since the Preakness, also known as the "Race for the Black-Eyed Susans," always takes place on the third Saturday in May, the 2009 event will be held on May 16. Even if you can't make it to Pimlico Race Course in Baltimore, you can still amp up your at-home watching experience by placing an online bet on the Preakness.
Step 1: Get Informed
- As with any other form of gambling, the more you know about the horses and jockeys who will be competing in the Preakness may increase your chances of winning. Of course, there is always a risk involved in gambling (some would say that's what makes it exciting), the more you know about the race, the odds and the different bets you can place, the more apt you are to make an informed bet. The official Preakness website is an excellent place to not only get information about the race and the odds, but also offers an introduction to placing wagers on horse racing.
Step 2: Choose a Betting Site
- There are dozens of different online betting sites through which you can place a wager on the Preakness. Before you decide whether to use a particular site, do some research into the site to find out whether it is reputable. Some other things you may want to consider when selecting an online wagering website include:
- What types of payments do they accept—credit card, PayPal or debit?
- Do you have to sign up for an account? If so, is account sign up free or will you have to pay user fees?
- Do you have to pay user fees each time you place a bet?
- Are there any incentives or bonuses for signing up with the site?
- How soon can you expect your payout after the race is over?
- What are the minimum and maximum bets you can place?
- Some sites you may want to consider placing your bet with include:
- XpressBet: This site is recommended by the official Preakness site and offers a free Preakness betting guide
- AllHorseRacing.com: Offers a $1 million payout for the person who can correctly predict the finishing order of the top 10 horses in the race
- SportsBook.com: Offers a 10% bonus on your first deposit for new account sign ups
- Once you have selected a site with which to place your bet, follow the instructions provided to place your bet. On most sites, you will simply have to set up an account, make a deposit using a credit card or PayPal, and then place your wager.
Conclusion
- Regardless of how much or whether you choose to wager money on the Preakness Stakes race, ensure that you are placing your bet with a reputable website and fully understand the betting process before you finalize your wager. As with any other type of gambling, never bet more than you can afford to lose.
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