{"id":754,"date":"2022-11-22T15:24:19","date_gmt":"2022-11-22T14:24:19","guid":{"rendered":"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/"},"modified":"2022-11-22T15:24:19","modified_gmt":"2022-11-22T14:24:19","slug":"preakness-stakes-betting-guide","status":"publish","type":"post","link":"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/","title":{"rendered":"Preakness Odds &#8211; A Complete Guide To Betting on the Race"},"content":{"rendered":"<p>Looking to learn about the Preakness odds? Good news! In this guide, we\u2019ll discuss everything you need to know about the <strong>Middle Jewel of the Triple Crown<\/strong>.<\/p>\n<p>We\u2019ll explain <a href=\"https:\/\/bestbettingcasinos.com\/us\/guides\/how-do-betting-odds-work\/\">how to read the odds<\/a>, decipher your payouts and even share some betting tips. Also on the agenda is discovering how the <strong>Preakness odds<\/strong> are actually compiled, what types of bets are available and how to place your first wager on the race.<\/p>\n<p>But before we go any further, let\u2019s begin by talking about the <a href=\"https:\/\/bestbettingcasinos.com\/us\/sportsbooks\/\">best US sportsbooks<\/a> for betting on the Preakness Stakes.<\/p>\n<h2 id=\"best-us-sportsbooks-for-preakness-stakes-odds-betting\">Best US Sportsbooks For Preakness Stakes Odds &amp; Betting<\/h2>\n<p>As one leg of America\u2019s Triple Crown, the <strong>Preakness Stakes<\/strong> is an extremely well-known event on the international horse racing calendar. As such, there are very few online betting sites around which wouldn\u2019t offer Preakness odds. However, with so many options out there, it can be hard to know where to start.<\/p>\n<p>That\u2019s why we take the time to check each and every site on your behalf. We ensure that these bookies have the correct licenses to operate. Furthermore, banking options are assessed for security; we compare the odds to ensure they\u2019re competitive; and we constantly check the promotions on offer.<\/p>\n<p>After assessing each brand against dozens of criteria, here is the verdict of our experienced team of researchers.<\/p>\n<\/p>\n<p>\n  <div class=\"toplist-wrapper\">\n\n  \n    <!-- Toplist Item -->\n    <div class=\"toplist has-badge bg-white px-2 py-3 p-lg-3 rounded-4 position-relative\">\n              <div class=\"featured-badge\">\n          <span class=\"ribbon-1\">Code: BBCSUSA<\/span>        <\/div>\n            <div class=\"toplist-brand d-flex align-items-center\">\n        <div class=\"toplist-brand__logo d-flex gap-2 align-items-center\">\n          <img decoding=\"async\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/betmgm-casino-new-jersey-1.png\" alt=\"BetMGM-Sportsbook\">\n          <div class=\"brand-name\">BetMGM<\/div>\n        <\/div>\n        <div class=\"toplist-brand__rating\">\n          <div class=\"rating d-flex gap-1 align-items-center justify-content-end\">\n            <i class=\"bi bi-star-fill\"><\/i>\n            <i class=\"bi bi-star-fill\"><\/i>\n            <i class=\"bi bi-star-fill\"><\/i>\n            <i class=\"bi bi-star-fill\"><\/i>\n            <i class=\"bi bi-star-fill\"><\/i>\n            <!-- <i class=\"empty bi bi-star-fill\"><\/i> -->\n            <div class=\"ms-2 text-score\">5\/5<\/div>\n          <\/div>\n        <\/div>\n      <\/div>\n      <div class=\"toplist-offer\">First Bet,$1500,Paid Back<\/div>\n      <a href=\"\/go\/mgmsports\" target=\"_blank\" class=\"btn signup\">Play now!<\/a>\n      <div class=\"row mb-3\">\n        <div class=\"col-lg-6\">\n          <div class=\"brand-details\">\n            <div class=\"d-flex align-items-stretch gap-2\">\n                              <div class=\"min-deposit\">\n                  <div class=\"value-bg d-flex align-items-center justify-content-center mx-auto hex-alt\">\n           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justify-content-between\">\n            <div class=\"author-wrapper\">\n              <ul><li>Wager $20 and get $100 in Free Bets<\/li><li>Excellent Sportsbook App for iOS and Android<\/li><li>Promo code: <strong>BORGSBBC<\/strong><\/li><\/ul>\n            <\/div>\n            <a href=\"https:\/\/bestbettingcasinos.com\/us\/sportsbooks\/borgata-sportsbook-review\/\" class=\"btn review-btn\">Borgata review<\/a>\n          <\/div>\n        <\/div>\n      <\/div>\n          <\/div>\n    <!-- End Toplist Item -->\n\n\n  <\/div>\n\n  <\/p>\n<p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<h2 id=\"how-to-read-the-preakness-odds\">How to Read the Preakness Odds<\/h2>\n<p>Let\u2019s now jump into the deep end and learn a bit more about how to actually read the Preakness odds. Firstly, it\u2019s important to understand that you can bet on many different aspects of the race. We\u2019ll discuss the most important of these later, but for illustrative purposes, we can simply talk about the race winner.<\/p>\n<p>When you visit an online bookmaker and check their Preakness odds, it\u2019s likely that all of the horses will have positive values. But if there\u2019s an extremely heavy favorite to win that year, you might find one has odds with a negative value. So what do these figures mean?<\/p>\n<p>A negative number tells us the dollar amount we have to stake in order to pick up a $100 profit. So if the Preakness Odds are listed as -150, we\u2019ll need to risk $150 in order to be $100 better off. That\u2019s a total return of $250.<\/p>\n<p>Where the odds value is positive, we flip things around. That number illustrates the profit from a bet of exactly $100. So if the odds are +800, a $100 bet would generate $800 in profit and a total return of $900.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-606353 size-full\" title=\"Preakness Odds - A Complete Guide To Betting on the Race\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/prealness-odds-guide.jpg\" alt=\"Preakness Odds - A Complete Guide To Betting on the Race\" width=\"900\" height=\"600\" \/><\/p>\n<h3>Different Odds Formats<\/h3>\n<p>The Preakness Odds are likely to be displayed in the classic American format of positive and negative values. But Triple Crown races do attract global audiences and many bookmakers around the world accept bets. Different regions display their odds in different ways. And the best US betting sites will permit you to change your own display to any of these, should you prefer.<\/p>\n<p>For instance, the British prefer to use old-school fractions, as their horse racing betting industry dates back hundreds of years. In Europe, a more nuanced and simplified approach is taken, in the form of decimal odds. While various Asian territories all adopt a mixture of these approaches. You can see some examples in the table below.<br \/>\n<div id=\"437\" class=\"sc_table sc_table_style_regular\"><\/div><\/p>\n<h2 id=\"how-are-the-preakness-odds-compiled\">How are the Preakness Odds Compiled?<\/h2>\n<p>Online <a href=\"https:\/\/bestbettingcasinos.com\/us\/sportsbooks\/horse-racing-betting-sites\/\">horse racing betting sites<\/a> employ a team of experts who know the sport of kings inside out. They monitor each horse closely, in terms of its breeding and training, as well as previous race results. This type of data, combined with the opinions of the odds compilers, helps to shape the betting market.<\/p>\n<p>Approximate probabilities are assigned to each horse, which can then be converted into the actual Preakness odds. After the racebook opens and bets begin to come in, the volume of money placed will further refine the market. If too much money is staked on one horse, the bookmaker has no choice but to shorten the odds to reduce betting volumes. Other prices are lengthened as a result.<\/p>\n<h3>Understanding Preakness Stakes Payouts<\/h3>\n<p>Up to this point we\u2019ve only really covered what is known as \u201cfixed odds\u201d betting. Online bookmakers will always give you a price, so you know exactly what you stand to win and lose. But if you\u2019re betting at the track in the USA, you\u2019re going to be placing pari-mutuel bets, so you won\u2019t even see any odds.<\/p>\n<p>This type of betting involves pools. Let\u2019s say that you wanted to bet on the Preakness Stakes winner. Your stake money is collected into a pot along with everyone else betting on the race winner market. After the result is known, everyone who backed the correct horse splits the pool equally.<\/p>\n<p>But how do you know what you\u2019re entitled to? The course will publish a dividend, which tells you exactly what a $2 bet is worth. Here\u2019s a real life example taken from the 2015 race, which shows the declared Preakness odds for the three main markets.<br \/>\n<div id=\"450\" class=\"sc_table sc_table_style_regular\"><\/div><br \/>\nWe can see from the table that a $2 bet on Tale Of Verve to place would have earned you a mighty $19 return. So we can deduce that $1 resulted in a $9.50 payout and a $10 bet means $95 came your way.<\/p>\n<h2 id=\"popular-preakness-odds-and-markets\">Popular Preakness Odds and Markets<\/h2>\n<p>That\u2019s everything you need to know about the Preakness odds from a technical point of view. But what can you actually bet on when it comes to the Pimlico showpiece event? In this next section, we\u2019ll explain the nine most popular Preakness betting markets.<\/p>\n<h3>To Win<\/h3>\n<p>This is the most simple, but also most common way to bet on the Preakness. All you need to do is find the winner!<\/p>\n<p>Wagering on course, you won\u2019t receive a fixed odds price. But by betting online with our top-rated bookies, you\u2019ll see a full list of Preakness odds on your screen. You will be able to bet however much you want, as there is no predetermined ticket price.<\/p>\n<p><strong>Example: <\/strong>American Pharaoh to win @ +190<\/p>\n<h3>To Place<\/h3>\n<p>The available Preakness odds don\u2019t just end with the race winner market. It\u2019s also possible to pick a horse to finish in the front two by choosing the \u201cplace\u201d option. Although the odds will be reduced slightly, you do obviously have an increased chance of winning.<\/p>\n<p>This is a nice strategy to employ if your horse isn\u2019t the shortest priced pick in the field, but is not a complete outsider either.<\/p>\n<p><strong>Example: <\/strong>Justify to place @ -150<\/p>\n<h3>To Show<\/h3>\n<p>On a similar note, you can bet on a horse to \u201cshow\u201d, which is a finish anywhere in the first three. If you\u2019re liking the look of a less fancied runner, this could be the market for you.<\/p>\n<p>Just like the place market, the show prices will be reduced when compared to the main Preakness odds. That\u2019s because you now have three chances to win the bet.<\/p>\n<p><strong>Example: <\/strong>Swiss Skydiver to show @ +350<\/p>\n<h3>Exacta<\/h3>\n<p>You could see this referred to by other names if you\u2019re betting outside of the USA, such as \u201cForecast\u201d in the United Kingdom. But whatever the title, the aim of this bet type is to identify the first two finishers in the correct order.<\/p>\n<p>This is almost always a pari-mutuel bet, though some online bookies do issue a fixed odds price. It isn\u2019t an easy bet to land, so you can certainly expect an enhanced payout compared to simply backing the race winner.<\/p>\n<p><strong>Example: <\/strong>9+7 (9 to beat 7)<\/p>\n<h3>Quinella<\/h3>\n<p>The Quinella, or \u201cReverse Forecast\u201d in the UK, is basically two Exacta bets on the same selections. It\u2019s also a pari-mutuel bet for the most part, with a few online exceptions.<\/p>\n<p>Think of it as a kind of insurance on your Exacta. Picking the two horses to finish first and second is tricky. So if you correctly identified them both but in the wrong order, it would be heartbreaking!<\/p>\n<p><strong>Example: <\/strong>4+1 (4 to beat 1 or 1 to beat 4)<\/p>\n<h3>Trifecta<\/h3>\n<p>This is always a popular bet with horse racing fans, particularly when it comes to Triple Crown events like the Preakness Stakes. You need to guess the first three horses past the post, in the exact order.<\/p>\n<p>It\u2019s hard to do, which can lead to relatively lucrative payouts. But the task can be somewhat simplified by \u201cboxing\u201d your picks, to cover every permutation from your three choices. That makes for a total of six bets, increasing your chances slightly.<\/p>\n<p><strong>Example: <\/strong>1-12-8 (Box Trifecta: 1-12-8, 1-8-12, 8-12-1, 8-1-12, 12-1-8, 12-8-1)<\/p>\n<h3>Superfecta<\/h3>\n<p>You might have worked out where this is going already. But if not, the Superfecta requires you to find the first four horses in the correct order. Costing just $0.10 per pick, this pool bet is really hard to land and can lead to big payouts.<\/p>\n<p><strong>Example: <\/strong>10-9-2-5<\/p>\n<h3>Super Hi-Five<\/h3>\n<p>Finally, we have the Super Hi-Five. As the name implies, your task is to identify the front five at the end of the race. Don\u2019t be surprised to see payouts worth six-figures for a $1 bet if you manage to pull off this incredible feat.<\/p>\n<p><strong>Example: <\/strong>7-6-11-13-3<\/p>\n<h3>Futures<\/h3>\n<p>Finally, we have futures betting. Although the big race takes place in May, it\u2019s possible to find Preakness odds the whole year around. And whenever you wager on a sporting event well ahead of time, it\u2019s called a futures market.<\/p>\n<p>Since so much could go wrong between bet placement and race day, you\u2019ll tend to see bigger Preakness odds with futures betting.<\/p>\n<h2 id=\"preakness-odds-on-mobile\">Preakness Odds on Mobile<\/h2>\n<p>The face of online betting has changed completely in the past decade or so, due to the emergence of smartphones. Now that we all carry the internet around in our pockets, we can bet more easily than ever before. As such, bookmakers have redesigned the way they approach betting online.<\/p>\n<p>First of all, there\u2019s the mobile app. A specialized piece of software which sits on your phone, giving you the best possible betting experience for your device. Crystal clear graphics, minimal data usage, live betting, streaming services and more &#8211; all at the touch of a button.<\/p>\n<p>But even if you don\u2019t use apps, it\u2019s still easier than ever to bet on your phone or tablet. Simply open your device\u2019s browser and navigate to the bookmaker\u2019s website as usual. All of the best betting sites offering Preakness odds are built with a \u201cmobile first\u201d approach. The website detects your browser and responds accordingly, ensuring a smooth and problem-free visit.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-579187 size-full\" title=\"Preakness Odds on Mobile\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/fanduel-sportsbook-app.png\" alt=\"Preakness Odds on Mobile\" width=\"932\" height=\"600\" \/><\/p>\n<h2 id=\"preakness-stakes-bonuses-and-promotions\">Preakness Stakes Bonuses and Promotions<\/h2>\n<p>We all know how competitive the online gambling industry is. That\u2019s why you see so many generous bookmaker promotions around these days. But that\u2019s great news for fans of betting on horses. Here are some of the top promotions to look out for when you\u2019re comparing the Preakness odds.<\/p>\n<h3>First Deposit Match<\/h3>\n<p>New players are always incentivized to register at a betting site with some kind of registration bonus. This is often linked to the size of your initial real money bet. It could be a free bet or a bundle of bonus credits. But whatever it is, bookies often boost its value as the Preakness nears.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-579253 size-full\" title=\"BetRivers Sportsbook Deposit Match Bonus\" src=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/betrivers-sportsbook-welcome-offer.jpg\" alt=\"BetRivers Sportsbook Deposit Match Bonus\" width=\"932\" height=\"620\" \/><\/p>\n<h3>Profit and Odds Boosts<\/h3>\n<p>All of our recommended betting sites off generous Preakness Stakes odds anyway. But top bookies in the US also offer enhanced odds promotions, particularly on big sporting events. Some choose to boost odds temporarily, in \u201chappy hour\u201d style promotions. Others increase the winnings after the event. But the effect is largely the same.<\/p>\n<h3>Risk-Free Bet<\/h3>\n<p>You might earn a risk-free bet as part of a welcome package, or it could be issued as a loyalty bonus. Either way, they usually work by offering a refund as a consolation prize. You\u2019ll need to place a real money bet, but should it lose, you\u2019ll get the stake back. This type of bonus is extremely useful if you&#8217;re looking to bet on competitive races that are tricky to predict, such as the Preakness.<\/p>\n<h3>Cashback Rebates<\/h3>\n<p>If you have a run of bad luck, some racebooks will refund a small part of your losses. This is often tied to a VIP or loyalty scheme, with the cashback percentage climbing as you rise through the ranks. But it is not always the case. Keep your eyes peeled, as rebates can really ease the pain during a downswing.<\/p>\n<h2 id=\"odds-of-previous-preakness-stakes-winners\">Odds of Previous Preakness Stakes Winners<\/h2>\n<p>Since 1873, Pimlico Race Course in Baltimore has played host to the Preakness Stakes. The second leg of the Triple Crown, it\u2019s an extremely prestigious and historical affair.<\/p>\n<p>The likes of American Pharoah and Justify are just two of the legendary recent winners of the race who went on to complete the Triple Crown. While other famous horses, such as California Chrome, went on to taste further success on the international scene after scoring at Pimlico.<\/p>\n<p>Below are the last ten winners of the race, along with information about their trainers, jockeys and their Preakness odds.<br \/>\n<div id=\"451\" class=\"sc_table sc_table_style_regular\"><\/div><\/p>\n<h2 id=\"preakness-stakes-betting-tips\">Preakness Stakes Betting Tips<\/h2>\n<p>If you\u2019re trying to improve your horse racing betting results, there are certain things you simply must do. Whether you\u2019re looking at the Preakness Stakes or any other race, these betting tips always ring true.<\/p>\n<h3>1. Put in the effort<\/h3>\n<p>There is no substitute for hard work when it comes to studying the form. You\u2019ll need to analyze the races in the lead up to the Preakness, as well as the fitness levels of the horse. Listen out for interviews with training staff and jockeys. Learn which horses have unusual quirks or which tactics are favored by their team. Compare race and sectional times.<\/p>\n<p>The more information you\u2019re armed with, the better the chances of you being able to calculate how the race will unfold. And by extension, picking the race winner and other finishers.<\/p>\n<h3>2. Get the bet price<\/h3>\n<p>Once you have decided what you\u2019ll be betting on, you simply must shop around and compare the Preakness odds at different sites. You wouldn\u2019t pay more for the same product if it were on sale in a different store. Bookmakers should be treated the same way. Loyalty should go out of the window if it\u2019s possible to find a bargain.<\/p>\n<p>Make sure you register with multiple horse racing betting sites and see how they stack up against each other. Luckily, you can also find plenty of online odds comparison tools to help you out.<\/p>\n<h3>3. Utilize sports betting bonuses<\/h3>\n<p>Whenever you sign up with a new horse racing betting site, you\u2019ll be given some sort of free bet or bonus. But it\u2019s not just welcome offers which offer you free money. Plenty of bookmakers award weekly reload bonuses, not to mention cashback deals and enhanced odds boosts.<\/p>\n<p>In the same way that you should shop around for the best Preakness odds, you need to hunt down bonuses. A losing bet won\u2019t impact your bankroll if it wasn\u2019t placed with your money!<\/p>\n<h2 id=\"how-to-bet-on-the-latest-preakness-odds\">How to Bet on the Latest Preakness Odds<\/h2>\n<p>So you\u2019ve made it this far in our guide to Preakness Stakes odds. You now understand everything you could possibly need to know. What\u2019s left? It must be time to place a bet on the big race!<\/p>\n<p>Here\u2019s a step-by-step walkthrough of what you need to do next.<\/p>\n<h3>1. Pick a bookmaker<\/h3>\n<p>With so many options available, we\u2019d advise you to select one of the top-ranked US bookmakers found on this page. Our industry insiders have picked these based on multiple criteria, including secure payments, excellent support and generous promos. But above all, you\u2019re going to get generous Preakness odds.<\/p>\n<h3>2. Complete the form<\/h3>\n<p>Although you\u2019ll be able to view the Preakness odds without an account, you won\u2019t be able to bet. Open the registration form and fill in your personal details, including your full name, date of birth and contact information. Do so properly, or future withdrawals may end up delayed.<\/p>\n<h3>3. Claim a bonus<\/h3>\n<p>All of the top US betting sites named on this page offer signup incentives, so don\u2019t miss out. Depending which one you pick, you may be asked for a bonus code upon registration. It could instead be that you need to enter the code when depositing. Double check the promotional terms so that you don\u2019t end up disappointed.<\/p>\n<h3>4. Deposit some funds<\/h3>\n<p>With a fully functional betting account, it\u2019s time to make your first deposit. Visit the cashier and check the list of banking options. Find the one which works best for you and click on it. Pay attention to the minimum deposit limits and complete your first transaction.<\/p>\n<h3>5. Place a bet<\/h3>\n<p>Okay, you\u2019re ready to go. Open the racebook, navigate to the Preakness odds and make your picks! Click on your selections to add them to your bet slip and follow the instructions seen on screen. Please remember to bet responsibly and good luck!<\/p>\n<h2 id=\"faq\">FAQ<\/h2>\n<div class=\"faq-wrapper\"><div class=\"faq-item\"><div class=\"faq-title\" data-open-icon=\"+\" data-close-icon=\"-\"><h3 class=\"faq-title_inner\">Is horse racing betting legal in the USA?<\/h3><\/div><div class=\"faq-content\"><p>Every US state has its own laws about betting. While it is certainly a completely legal activity in many places, others do not permit wagering on horse races. In some regions, you can bet at the track, but not online. In short, it\u2019s best to check the local legislation for yourself.<\/p><\/div><\/div><div class=\"faq-item\"><div class=\"faq-title\" data-open-icon=\"+\" data-close-icon=\"-\"><h3 class=\"faq-title_inner\">What are the latest Preakness Stakes betting odds?<\/h3><\/div><div class=\"faq-content\"><p>To see the latest Preakness odds, all you need to do is visit any of the recommended betting sites found on this page. They have all been verified by our experts to ensure your protection. And the odds are certain to be among the best in the country. <\/p><\/div><\/div><div class=\"faq-item\"><div class=\"faq-title\" data-open-icon=\"+\" data-close-icon=\"-\"><h3 class=\"faq-title_inner\">How can I start betting on the Preakness Stakes?<\/h3><\/div><div class=\"faq-content\"><p>To begin your Preakness Stakes betting journey, simply follow the step-by-step guide seen elsewhere in this article! First you\u2019ll need to pick one of our suggested bookmakers, as seen towards the top of this guide.<\/p><\/div><\/div><div class=\"faq-item\"><div class=\"faq-title\" data-open-icon=\"+\" data-close-icon=\"-\"><h3 class=\"faq-title_inner\">Which US betting sites have the best Preakness odds?<\/h3><\/div><div class=\"faq-content\"><p>The bookies offering the best Preakness Stakes odds are all named elsewhere on this page. But we\u2019ve also checked them all to ensure they\u2019re licensed and following information security best practices.<\/p><\/div><\/div><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\",\"@type\": \"FAQPage\",\"mainEntity\": [{\"@type\": \"Question\",\"name\": \"Is horse racing betting legal in the USA?\",\"acceptedAnswer\": {\"@type\": \"Answer\",\"text\": \"Every US state has its own laws about betting. While it is certainly a completely legal activity in many places, others do not permit wagering on horse races. In some regions, you can bet at the track, but not online. In short, it\\u2019s best to check the local legislation for yourself.\"}},{\"@type\": \"Question\",\"name\": \"What are the latest Preakness Stakes betting odds?\",\"acceptedAnswer\": {\"@type\": \"Answer\",\"text\": \"To see the latest Preakness odds, all you need to do is visit any of the recommended betting sites found on this page. 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In this guide, we\u2019ll discuss everything you need to know about [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33,34,72,62],"tags":[],"class_list":["post-754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guides","category-horse-racing","category-horse-racing-betting-sites","category-sportsbooks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Preakness Odds - A Complete Guide To Betting on the Race<\/title>\n<meta name=\"description\" content=\"Discover how the Preakness odds are actually compiled, what types of bets are available and how to place your first wager on the race.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Preakness Odds - A Complete Guide To Betting on the Race\" \/>\n<meta name=\"twitter:description\" content=\"Discover how the Preakness odds are actually compiled, what types of bets are available and how to place your first wager on the race.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/prealness-odds-guide.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Koen Verkerk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"15 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/\",\"url\":\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/\",\"name\":\"Preakness Odds - A Complete Guide To Betting on the Race\",\"isPartOf\":{\"@id\":\"https:\/\/bestbettingcasinos.com\/us\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/prealness-odds-guide.jpg\",\"datePublished\":\"2022-11-22T14:24:19+00:00\",\"dateModified\":\"2022-11-22T14:24:19+00:00\",\"author\":{\"@id\":\"https:\/\/bestbettingcasinos.com\/us\/#\/schema\/person\/afe3681d25f49112716a139274f3f1ef\"},\"description\":\"Discover how the Preakness odds are actually compiled, what types of bets are available and how to place your first wager on the race.\",\"breadcrumb\":{\"@id\":\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/#primaryimage\",\"url\":\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/prealness-odds-guide.jpg\",\"contentUrl\":\"https:\/\/bestbettingcasinos.com\/wp-content\/uploads\/prealness-odds-guide.jpg\",\"width\":900,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bestbettingcasinos.com\/us\/guides\/preakness-stakes-betting-guide\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bestbettingcasinos.com\/us\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Preakness Odds &#8211; 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