Online Betting Tips

Preakness Betting at an Online Sportsbook

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By Dave Schwab

While there is a wide array of options when it comes to betting on any horse race ranging from the actual track where the race will take place to an off-track brick and mortar betting outlet. When it comes to the ultimate convenience of betting the races online, there are a number of off-track sites to choose from, but the biggest bang for your betting dollar can only be found at an offshore sportsbook operating online.

In what is commonly referred to as its racebook for horses, an online sportsbook can dial up an extensive betting board for major graded horse racing stakes events such as the Preakness. From early futures odds for the projected field to a full list of prop bet odds right up until post time, an online sportsbook is clearly the best and easiest way to bet on the races.

The Preakness Stakes is the second leg of the Triple Crown racing series for the top three-year old thoroughbreds and it is always run a Pimlico Race Course in Baltimore on the third Saturday in May. Horse racing’s biggest month gets underway on the first Saturday with the annual running of the Kentucky Derby at Churchill Downs in Louisville and this year’s race did not disappoint. Working his way through a very crowded field of 20 entries, Always Dreaming broke from the No. 5 post to win the 143rd Kentucky Derby by a margin of 2 ¾ lengths over Lookin At Lee and Battle of Midway. The Derby winner closed as a co-favorite with Irish War Cry at 9/2 odds to become the fifth favorite in a row to win this race.

The morning line odds for this year’s Preakness will be posted a few days before the race once the post positions have been determined and Always Dreaming should open as the favorite given his updated futures betting odds at just about every major online sportsbook leading into this race. It appears that the actual field for the 142nd running of the Preakness Stakes will be set at 10 entries, which should open things up quite a bit for some of the top contenders such as Classic Empire in what could easily turn into a classic head-to-head showdown.

Speaking of head-to-head matchups, this is one of the best ways to bet on any major stakes race given that you are betting on one horse to finish ahead of another as opposed to trying to pick the winning horse in a very talented field. Online sportsbooks will post the betting odds for any number of head-to-head matchups in the days leading up to the race.

This is just one of the ways that an online sportsbook caters to the horse betting crowd. Most of the top books will also have some generous bonuses, promotions and other incentives in place that you will not find at any other off-track horse betting site. Some books offer a rebate on all your online horse bets and they will also give a free-bet credit on your first actual wager in their racebook.

Today’s top online sportsbooks are at the cutting edge of online sports betting with a huge selection of live in-game betting options as well as an expanded mobile platform that gives you the ability to place all of your bets from the convenience of any hand held device with an Internet connection. These books remain up and running on a round-the-clock basis every single day of the year, so you will never miss out on a last-second chance to get all of your horse bets in right up to the start of the race.