Any hope of seeing a Triple Crown winner was dashed over a week ago, when it was announced the Kentucky Derby winner Rich Strike would be skipping the Preakness Stakes to focus on the Belmont Stakes. As disappointing as that might me, there are still plenty of reasons to bet on the Preakness Stakes.
Below you will find our guide for How to Bet the Preakness Online in Pennsylvania. This includes a $200 risk-free bet offer from TVG, as well as an explanation on how to bet on the race.
How to Bet the Preakness Online in Pennsylvania
The hands-down best way to bet on the Preakness Stakes is by signing up for a TVG account. TVG is the industry leader when it comes to online racebooks. The app is user-friendly and offers plenty of traditional and exotic markets. Plus, new users who sign up via any of the links on this page will get a risk-free bet of up to $200. That gives bettors insurance on their first real-money bet. If the bet loses, TVG will issue a free bet of up to $200 to use on another race.
Types of Bets
There are numerous ways to bet on the 2022 Preakness Stakes. Players who sign up can wager on the win, place, and show markets. Place and show bets give a bit of latitude to a bettor, as a player will choose if they believe a horse will finish in the Top-2 or Top-3.
Things get more exciting with exotic bets. Bettors can attempt to select the correct order of the Top-2, Top-3, Top-4, or Top-5 horses for a huge payout. These markets appear in-app as exacta, trifecta, superfecta, and super high five. For those who dabble in PA online sports betting, betting on multiple markets in the same race is akin to placing a same game parlay bet. Players could also choose to place a horizontal exotic bet, like a daily double, pick two, pick three, pick four, pick five, or pick six. Like a parlay sports bet, this type of bet includes markets from numerous races.
How to Bet the Preakness Online in Pennsylvania with TVG
If you plan on betting on Saturday’s race, you should strongly consider doing so with TVG. The registration process only takes a few minutes to complete. Once you’ve done so, you can access a $200 risk-free bet. Here’s how to sign up:
- Click here to register with TVG.
- Provide the necessary information to set up your account.
- Make an initial deposit.
- Select a market you want to bet on.
- Wager up to $200 as part of the risk-free bet promo.
If your first bet loses, TVG will issue a free bet to use on any other race. This will match the value of your first bet up to $200.
Is There a Favorite in the 2022 Preakness Stakes?
The overwhelming favorite to win the 147th running of the Preakness Stakes is Epicenter. At 6-5 odds, a $100 wager on Epicenter would pay out $120 in profit. Meanwhile, a $100 wager on Early Voting (7-2) or Secret Oath (9-2) would pay out $350 or $450 in profit, respectively.
There are also a couple of relative long shots in the race. Fenwick has the longest odds at 50-1, while Happy Jack enters the race at 30-1 odds. Bettors could also find decent value in Skippylongstocking at 20-1 odds. Keep in mind that the Preakness Stakes only features a field of nine horses, which is a far cry from the 20 horses that raced in the Kentucky Derby.
Click here to get a risk-free bet of up to $200 from TVG.