The second Triple Crown race, the Preakness Stakes, is correct across the nook. Meaning individuals will likely be allotting money and putting their bets.
The Preakness Stakes follows the Kentucky Derby and falls on the third Saturday in Could. This race is held at Pimlico Race Course in Baltimore.
If you wish to place a guess for this yr’s race, here is how you are able to do so.
The Preakness Stakes is the second race within the Triple Crown collection. (Rob Carr/Getty Pictures)
BELMONT STAKES VS PREAKNESS STAKES: WHAT SEPARATES THE 2 HORSE RACING EVENTS FROM EACH OTHER
- What kind of wagers can I place on the Preakness Stakes?
- Where to bet on the Preakness Stakes?
- What do odds mean when betting on horse racing?
1. What sort of wagers can I place on the Preakness Stakes?
Earlier than putting bets for the Preakness Stakes, you will need to contemplate how a lot cash you need to spend, what the payout will likely be on your bets, and the degrees of problem for wagering on totally different outcomes. Needless to say the tougher the guess is to win, the extra the payoff goes to be.
The Pimlico Race Course web site highlights a wide range of betting choices and the extent of problem for every.
The best bets you possibly can place are for win, place and present. For a win guess, you merely decide who you suppose will win the race. In a spot guess, the horse you select should both place first or second. For a present guess, the horse you decide should land within the prime three spots.
2024 PREAKNESS STAKES ACTION REPORT: CAN MYSTIK DAN WIN WITH MUTH SCRATCHED?
Then, there are exacta, quinella and double bets. In an exacta guess, you must select the first- and second-place winner of the race so as. In a quinella guess, you decide the primary two finishers, however the order doesn’t matter. For a double guess, you should decide the winner of two consecutive races.
You possibly can place bets on the racecourse itself, at an area on line casino in states the place it is authorized, or proper out of your cellphone. (Jonathan Newton/Washington Publish by way of Getty Pictures)
Additionally, you possibly can place trifecta, superfecta and decide 3 bets. In a trifecta guess, you should decide the primary three finishers of the race within the right sequence. Superfecta means you should decide the primary 4 finishers of the race within the correct order. Lastly, for decide 3 bets, you must appropriately select the winner of three races in a row.
The toughest degree of problem consists of decide 4, decide 5 and decide 6 bets. For a decide 4 guess, you must select the winner of 4 races in a row. For decide 5, you must decide the winner of 5 races in a row. Lastly, there’s decide 6, the place you must decide the winner of six races in a row.
When you resolve what guess (or bets) you’re going to place, it’s time to choose your horses. Once you decide your horse or horses, use their quantity to make the guess.
The ultimate step is to put your guess.
2. The place to guess on the Preakness Stakes?
In case you are attending the Preakness Stakes, you can also make your bets in particular person. In case you are not attending the race however need to make your guess in particular person, verify your native casinos, as they could be taking bets whether it is authorized in your state.
THE HISTORY OF SECRETARIAT, THE BELOVED, UNSTOPPABLE RACEHORSE THAT DOMINATED TRIPLE CROWN RACES
You can even place bets on-line or by means of a cell app, which is the quickest and best strategy to take. Many states have legalized betting on-line and thru cell apps.
There are quite a few on-line platforms and cell apps you should utilize to make your horse racing bets from residence. Widespread locations to make your bets are TwinSpires and FanDuel Racing.
Taking a look at odds will help you make your resolution about which horse or horses you’d wish to guess on. (Jonathan Newton/Washington Publish by way of Getty Pictures)
Betting by means of a cell app will even provide you with entry to directions on an easy-to-follow platform, making this mode of betting finest for newcomers.
CLICK HERE TO GET THE FOX NEWS APP
3. What do odds imply when betting on horse racing?
Odds are essential to concentrate to when having a bet.
Odds are “the ratio of roughly how a lot you possibly can anticipate to win versus how a lot cash you are going to guess,” in keeping with the Pimlico Race Course web site.
For instance, if you happen to see 8-5 odds, it implies that you’ll win $8 for each $5 that you simply guess.
For 2024, Muth was the favorite to win the race however was scratched on account of a fever.
That leaves eight horses left to race on this yr’s Preakness.
