Best Betting Sites and Bonuses for the 2018 Preakness Stakes

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With the Kentucky Derby now in the books, the Preakness Stakes are next up on the Triple Crown calendar. The race is Saturday, May 19 and will be held at the Pimlico Race Course in Baltimore, Maryland. Justify, the Derby winner will face a smaller field this time around and is still the favorite coming into this one. Coverage of the great 143 rd Preakness Stakes will begin at 2:30 PM and end at 5:00 PM EST on NBCSN.

Choosing an Online Racebook

Horse betting is widely available online and no matter which state you are in – there is an option for you. We offer extensive reviews of online sportsbooks here at Safest Betting Sites, from odds to bonuses, payouts and more.

#1 Our Top Pick – Sportsbook – FULL REVIEW

sportsbetting has become an elite option in recent years for online horse and sports bettors alike. Players from almost all countries are welcomed, but most importantly they accept American residents from all 50 states. Betting on the Preakness and horse races from around the world can be done easily in just a few clicks.

Betting options include the basics of win, place, and show, but exactas, trifectas, and more are available to bet. They also have a large number of props for the race and all Triple Crowns Races. For horse racing, they offer players a $25 Risk-Free wager and a 7% daily rebate on horse racing bets if they’re placed on the internet (it’s 4% by phone). also offers an online casino and poker room and tons of cashier options with fast speeds.

Other Notable Bonuses Include:

These bonuses are currently available on their site but are not redeemable for the Racebook.

  • Welcome Bonus – New accounts will also receive a 50% Bonus up to $1,000 on their first deposit at
  • Cryptocurrency Bonus – 50% up to $500 on First Crypto Deposit using either Bitcoin, Bitcoin Cash, Ethereum, DASH or Litecoin.
  • Mobile Betting Promotion – Mobile Betting $50 Free Play


#2 Bovada Sportsbook – FULL REVIEW

bovada sportsbookBovada has been around for nearly two decades in some form. Bodog split off a few years back to serve international bettors and since then Bovada has been exclusive for American residents. Betting options for horse match and in some cases, beat them. They regularly have the fastest payouts in the offshore industry.

Bovada has a 50% Bonus up to $250 for players on their first deposit. This can be used in the sportsbook or racebook. They also have a 50% Bonus up to $500 for users who make their first deposit with Bitcoin. Bovada is also one of the few sportsbooks that have a VIP program that offers true value to bettors. Users will receive points for every bet they place, and those points can be converted in cash that only has a 1x rollover. Bovada also offers bettors an online casino and poker from the same account.

Other Notable Bovada Bonuses Include:

These bonuses are currently available on their site but are not redeemable for the Racebook.

  • $500 Bitcoin Bonus – 50% Match Bonus up to $500 when depositing with Bitcoin, use bonus code: BVSBITCOIN50.


#3 Sportsbook – FULL REVIEW

MyBookie sportsbook logoMyBookie is a newer option to the offshore betting world but has progressively gotten better and better reviews from gamblers. Betting options for horse racing are plentiful, making them an excellent site to bet the Preakness.

Payouts speeds have also gotten a lot faster. Withdrawals using Bitcoin are free. New bettors will receive a 50% Bonus up to $1,000 on their first deposit. All horse wagers come with an 8% rebate. MyBookie has a full-service sportsbook and casino, in addition to their racebook offerings.

Other Notable Bonuses Include:

These bonuses are currently available on their site but are not redeemable for the Racebook.

  • Welcome Bonus: has a 50% Deposit Bonus up to $1,000 for players on their first deposit.
  • $20 Risk-Free Sport Bet – Place your first real-money wager and if your bet isn’t a winner, we’ll refund the full amount up to $20. To claim this promotion, player must email [email protected] within 48 hours of their first real-money wager being graded.
  • Reload Bonus – 25% up to $500 deposit bonus, use promo code: MYB25.


Online Sportsbook Bonuses

If you’re getting started to betting on horse racing or online sports betting in general, it’s quite basic to take advantage of online sports betting bonuses. There are thousands of dollars of freeplay available at the above sportsbooks, and they will add a much-needed boost to your bankroll, as a new bettor. You’ll have plenty of bankroll to bet the Derby and then some if you deposit the maximum amount. Best of luck!

Joseph Falchetti

Joe is the author of the blog, most picks, and the majority of excellent content on SafestBettingSites. He's been mentioned on as a gaming analyst and his articles have been linked by larger publications, such as the New York Times.

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