2024 Preakness Derby Betting Guide

engine
Derby
BET THE TRIPLE CROWN IN THE NEW RACEBOOK

Our newly revamped Racebook is open for business! Come check it out and use our Triple Crown Betting Guide to cash in on three of the most electrifying events in sports.

IMPORTANT DATES
  • The 2024 Kentucky Derby takes place on Saturday, May 4.
  • The 2024 Preakness Stakes takes place on Saturday, May 18.
  • The 2024 Belmont Stakes takes place on Saturday, June 8.
NEW FEATURES

Betting the ponies is easier than ever thanks to these exciting updates!

  • Fixed Odds: We now offer fixed odds on all U.S. tracks in the Sportsbook. Avoid price fluctuations and lock in your payout before the race begins. Bet here.
  • Live Stream Every Race: You can now stream horse races directly in the Racebook. Simply bet $1 or more on any race to enable Live Streaming.
WAGER TYPES

Straight:
Betting on a horse to win, place or show is the most traditional way of betting on Triple Crown races.

  • Win: Betting on a horse to win the race.
  • Place: Betting on a horse to finish second or better.
  • Show: Betting on a horse to finish third or better.

Exotic:
Exotic Bets – wagering on combinations to occur in a race – offer much higher profits.

  • Exacta: Predict the first two horses in the correct order.
  • Trifecta: Predict the first three horses in the correct order.
  • Superfecta: Predict the first four horses in the correct order.

Parlay:
Two or more wagers are linked together to create one bet with a greater payout.

  • Win Parlay: This consists of selections that require the horses to finish in first place.
  • Place Parlay: Consists of selections requiring the horses to finish in first or second place.
  • Show Parlay: Consists of selections requiring the horses to finish in first, second, or third place.
HOW TO PLACE EXOTIC WAGERS
  1. Visit the Racing section.
  2. Select the race you wish to wager on.
  3. Select your Bet Type: Exacta, Trifecta, or Superfecta.
  4. Enter your bet amount and choose Box or Box with Key options.
  5. Add your picks to the Betslip, and place your bet!

Box:
You have the option to “box” your Exacta, Trifecta, or Superfecta bets. This will cost double the price but will give you a win no matter the order of the horses you picked.

Box with Key:
This bet includes all possible combinations of selected ‘key’ horse(s) combined with other ‘non-key’ horses in a box bet.

HOW TO PLACE PARLAY WAGERS
  1. Visit the Racing section.
  2. Select the race you wish to wager on.
  3. Select your Bet Type: Win Parlay, Place Parlay, or Show Parlay.
  4. Make a minimum of two selections and add them to the Betslip.
  5. Enter your bet amount, click “Finish”, and place your bet!