How to Bet on the Preakness Stakes on Your Phone and Online

Make the most of the 2025 Preakness Stakes by learning how to wager on "the race for the black-eyed Susans."

Matt Burke - Contributor at Covers.com
Matt Burke • Contributor
May 17, 2025 • 11:01 ET • 4 min read
How to bet on the Preakness Stakes on your phone
Photo By - Imagn Images. A general view of the signage representing the 150th running of the Preakness Stakes at Pimlico Race Course.

The Preakness Stakes is one of the most wagered-on events each year. Horse racing enthusiasts and casual bettors alike want to place a few dollars on the ponies at Pimlico Race Course each May.

Fortunately, betting on the Preakness has never been more convenient! Below, we will look at how you can bet on the Preakness Stakes on your phone.

Sign up now to bet on the Preakness Stakes! 

Want to skip ahead and bet on the Preakness Stakes now? You can with FanDuel Racing in the U.S. and bet365 in Canada. These sites often have awesome bonus offers for new users, including the ones listed below:

USA Where to bet on the Preakness Stakes in the USA

FanDuel New Users
Bet $5, Get $200 in bonus bets if you win! Claim Now
Available in IL, IN, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY.
CO users: Get $200 instantly when you place a $5 bet. 

FanDuel New Users
Get a $500 No-Sweat First Bet! Claim Now
Available in AZ, AR, CA, CO, DE, FL, IL, IN, KY, LA, MA, MD, MI, MN, ND, NH, NY, NM, OH, OR, PA, RI, SD, WA, VA, WV, WY.


Canada Bet on the Preakness Stakes in Canada

bet365New Users
Bet $5, get $150 in bonus bets! Claim Now
*Not available in Ontario.


21+. Gambling Problem? Call 1-800-GAMBLER


How to bet on the Preakness Stakes on your phone

The days of going to the track to place an off-shore bet, or meeting up with a local bookie, are well over: You can now bet on the Preakness Stakes from the convenience of your couch!

Here is a list of steps on how to sign up and bet on the Preakness this year, using the links provided in this article to sign up for FanDuel Racing or bet365.

  1. Create an account: These horse racing betting sites will ask for information upon sign up, such as your name, address, email, phone number, DOB, and last four digits of your social security number.

    You will also be asked to enter bank information so you can deposit and withdraw funds. After entering this information, you will be asked to create a username and password for your account.

  2. Deposit funds and get bonus bets: Both FanDuel Racing and bet365 will ask new users to deposit at least $10 into their account to get started. Once you deposit funds, you will obtain your bonus bets/welcome offer.

  3. Bet on the race! Now you are ready to bet on the 2025 Preakness Stakes! It’s that simple!

    How to find the  Preakness Stakes race listing

    Your first time betting at a horse racing site like FanDuel Racing or bet365 can be a little intimidating. The Preakness Stakes race itself is one of just dozens of races across the country happening on Saturday, May 17.

    You will want to find "Featured Races" for Saturday, May 17. 

    Make sure the race you want to bet on is at "Pimlico Race Course."

    Be advised, however, that the Preakness Stakes is not the only horse race at Pimlico today — this year's Preakness Stakes will be listed as "Race 13" and is scheduled to start at 7:01 p.m. ET.

    The race will be broadcast live on NBC and will stream live on Peacock and Fubo.

    Another easy way to make sure that you’re betting on the right race is simply to know which horses are running. This year’s Preakness Stakes favorites are Journalism (8-5), Sandman (4-1), and River Thames (9-2). Be sure to look for those horses to be certain you’re betting on the right race.

    Here is a look at the full board of Preakness Stakes odds.

    Post Horse FanDuel* bet365**
    2 Journalism +160 8-5 +160
    7 Sandman +400 4-1 +400
    6 River Thames +450 9-2 +450
    8 Clever Again +500 5-1 +500
    1 Goal Oriented +600 6-1 +600
    4 Heart of Honor +1200 12-1 +1200
    3 American Promise +1500 15-1 +1500
    5 Pay Billy +2000 20-1 +2000
    9 Gosger +2000 20-1 +2000

    *FanDuel Racing odds available in AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY

    **bet365 odds are not available in the United States

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    Matt Burke - Covers
    Contributor

    Matt Burke has been a sports and sports betting journalist for over 20 years. He was the school newspaper beat writer for UConn basketball (men’s and women’s) during his college days and then began his professional career in sports media. He has covered everything from high school football to Super Bowls and Final Fours.

    He was born and raised in Massachusetts but also spent a few years in sunny San Diego, California, accomplishing every eight-year-old boy’s dream - writing the bios on the back of baseball cards.

    Matt began writing and editing sports betting content in 2018, founding MetroBet - a sports betting content platform under the Metro Newspapers umbrella (now AMNY).

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