2026 Preakness Stakes G1

Most major US sportsbooks accept Preakness wagers either through dedicated horse racing platforms or through standard sports betting interfaces. The most popular bet types include:

• Win/Place/Show: Straight bets on a horse to finish first, in the top two, or in the top three. Lower variance, lower payouts.
• Exacta: Pick the first two finishers in exact order. A common boxed exacta covers all permutations of two or more horses.
• Trifecta: Pick the first three finishers in exact order. Massive payouts when a longshot hits.
• Daily Double: Pick the winners of two consecutive races. Often paired with the Preakness and the race that precedes it.
• Pick 4 / Pick 5: Pick the winners of four or five consecutive races. Rare to hit but life-changing payouts.