The Duel
Horse Racing

Best Preakness Stakes Betting Bonus and Promos

Best Preakness Stakes betting bonus and promos.
Best Preakness Stakes betting bonus and promos. / Mitch Stringer-USA TODAY Sports

Despite Kentucky Derby winner Rich Strike opting not to run, horse racing bettors still have tons of reasons to tune into the 2022 Preakness Stakes. With a strong lineup of nine horses, there’s multiple angles bettors can choose to get in on the action. 

Want to find a longshot that can match Rich Strike’s incredible 80-1 odds win? Maybe you have an exacta, trifecta, or superfecta to get a bigger payout on the big favorites. Either way, FanDuel Racing and TVG both have excellent promos and bonuses to help you squeeze out some extra value.

FanDuel Racing Bet $5 to Win $100 on Preakness Stakes

Our favorite promo for the Preakness Stakes is FanDuel Racing’s Bet $5, Win $100 on the Preakness bonus. This promo is a 20/1 Enhanced Odds offer on your first single horse win-type Preakness wager. 

What that means is that all you have to do is sign up and bet $5 on any horse to win the Preakness Stakes. If that bet wins, you’ll be immediately paid out your winnings based on the post time odds, and then the remainder of your bonus up to $100 in wagering credit will be paid out within 72 hours.

Additionally with FanDuel Racing, your bet comes with Win Bet insurance. So if your horse finishes in 2nd or 3rd, you can get up to $5 back as wagering credit.

TVG $200 Risk Free Bet on Preakness Stakes

While FanDuel Racing offers an enticing promotion to maximize the value of a smaller bet, TVG is offering new users a $200 Risk Free Bet.

New players at TVG can take advantage of this bonus by making a deposit and placing your first win-type bet on the Preakness Stakes. You can bet up to $200 on any horse in the field and get your cash back as a wagering credit within 24 hours if that horse doesn’t win. 

TVG is also backing up this offer with Win Bet insurance, which will allow you to get up to $10 back on your bet if your horse finishes in 2nd or 3rd. 

Preakness Stakes Referral Bonuses

Don’t worry if you’re ineligible for these new user bonuses because you have already signed up for FanDuel Racing and TVG! Both horse racing betting platforms offer some nice referral bonuses to help you build your bankroll for the Preakness Stakes.

FanDuel Racing offers bettors a $20 referral bonus, while TVG is offering $25 for every friend you refer. Read the terms in both offers because the person you refer will have to make a cash deposit for your referral to be rewarded (but keep in mind the person you refer can use the new user bonuses mentioned above!).

dark. sign up now. Bet $5, Win $100 on the Preakness