Where Can I Bet on the 2026 Preakness Stakes Near Me? Legal Horse Racing Betting States, Apps, Racebooks

Where Can I Bet on the 2026 Preakness Stakes Near Me? Legal Horse Racing Betting States, Apps, Racebooks

The 2026 Preakness Stakes runs on Saturday, May 16, with post time set for 6:50 p.m. ET, and bettors across the U.S. are looking for the safest, legal ways to wager on the second jewel of the Triple Crown.

Because horse racing is regulated separately from sports betting, the rules vary widely by state - and the apps you use for NFL, NBA, or MLB betting are not always the same apps you’ll use for the Preakness.

Below, we break down every U.S. state where horse racing betting is legal, the top racing apps, and how to choose the right platform. We also highlight the best sportsbook welcome bonuses, which offer far more value than racing‑specific promos - though you’ll still need a standalone racing app to place your Preakness bets.

Where Is Online Horse Racing Betting Legal in the U.S.?

Online horse racing betting is legal in most states, but not all. Here is the full list:

• Alabama
• Arkansas
• Arizona
• California
• Colorado
• Connecticut
• Delaware
• Florida
• Idaho
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maryland
• Massachusetts
• Michigan
• Minnesota
• Missouri
• Montana
• Nebraska
• New Hampshire
• New Jersey
• New Mexico
• New York
• North Dakota
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Dakota
• Tennessee
• Vermont
• Virginia
• Washington
• West Virginia
• Wisconsin
• Wyoming

Best Legal Horse Racing Apps for the 2026 Preakness Stakes

Below are the top racebooks available in legal states - plus the sportsbook promos you can claim alongside them.

1. DK Horse (DraftKings)

Where It’s Available

DK Horse is available in many racing‑legal states and will remain active until DraftKings Racing fully replaces it state‑by‑state.

What It Offers

• Full pari‑mutuel wagering
• Live odds, replays, and Preakness betting
• Standalone app (separate from DraftKings Sportsbook)

Better Value: DraftKings Sportsbook Promo

Even though it cannot be used on horse racing, the sportsbook offer is far stronger:

DraftKings Promo Code: Bet $5, Get $100 Instantly

How to claim:

1. CLICK HERE or visit DraftKings
2. Deposit $5+
3. Bet $5 on any sports market
4. Get $100 in Bonus Bets instantly

You’ll still need DK Horse to bet the Derby.

Where Is DraftKings Racing Legal?

As of April 2026, DraftKings Racing is live in nine states. DraftKings Racing uses a shared wallet with DraftKings Sportsbook, meaning you can move between sports betting and horse racing seamlessly in these states.

• Delaware
• New Mexico
• Rhode Island
• Florida
• Louisiana
• Montana
• New Hampshire
• Ohio
• Oregon

In other states where horse racing is available, users will have to use the DK Horse platform.

2. FanDuel Racing

Where It’s Available

FanDuel Racing is live in 30+ states, including: Arizona, Colorado, Connecticut, Iowa, Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Michigan, New York, Ohio, Pennsylvania, Virginia, West Virginia, Wyoming, and more.

What It Offers

• Full Preakness wagering
• Live streaming
• Shared wallet with FanDuel Sportsbook
• Beginner‑friendly interface

FanDuel Racing Welcome Offer

Bet $5, Get $25 Racing Bonus

Better Value: FanDuel Sportsbook Promo

Bet $5, Get $250 (If Your Bet Wins)

How to claim:

1. CLICK HERE or visit FanDuel
2. Deposit $5
3. Bet $5
4. If it wins → get $250 in Bonus Bets

Sportsbook Bonus Bets cannot be used on racing.

3. BetMGM Horse Racing

Where It’s Available

BetMGM Horse Racing is only available in three states:

Florida Louisiana Ohio

What It Offers

• Full pari‑mutuel wagering
• Preakness betting
• Standalone app (separate from BetMGM Sportsbook)

BetMGM Horse Racing Welcome Offer

None - BetMGM Racing does not offer a new‑customer bonus.

Better Value: BetMGM Sportsbook Promo

First Bet Insurance Up to $1,500

How to claim:

1. CLICK HERE or Visit BetMGM and enter code OCMAX1500
2. Deposit $10–$1,500
3. Place your first bet
4. If it loses → refunded in Bonus Bets (up to $1,500)

4. TwinSpires

TwinSpires is the official wagering platform of Churchill Downs and one of the most trusted places to bet the Preakness.

Where It’s Available

TwinSpires operates in most racing‑legal states.

TwinSpires Welcome Offer

• CLICK HERE to Earn $100 bonus for every $400 wagered
• Up to $200 total
• Must wager $800 within 30 days

2026 Preakness Stakes Odds

Here are the latest odds for Preakness 151:

• Incredibolt +500
• Iron Honor +500
• Taj Mahal +500
• Chip Honcho +600
• Ocelli +600
• Napoleon Solo +1000
• Talkin +1400
• Great White +2000
• The Hell We Did +2500
• Corona De Oro +2500
• Pretty Boy Miah +2500
• Robusta +4000
• Bull By The Horns +5000
• Crupper +5000

How to Watch the 2026 Preakness Stakes

You can watch the Preakness on:

• NBC
• Peacock

Date: Saturday, May 16, 2026 Post Time: 6:50 p.m. ET Location: Laurel Park