Preakness Stakes Odds 2023: Betting Guide and Picks for Preakness Stakes 2022

For those who don’t know, the Preakness Stakes is set to be run this Saturday – May 21st. It is a gigantic event for horse racing betting, and this is the precise angle we will be looking at here. And as you can see from our title of Preakness Stakes odds, one of the main elements we shall be focusing on relates to the odds for this race. 

Preakness Stakes 2022 Odds

So naturally, reading through information relating to the current odds for the Preakness Stakes is of paramount importance. And since you are here, you are about to discover all of the important details that relate to this event. There is a fair bit to get through, so without wasting any more time, let us run through the Preakness Stakes 2022 odds right now.

Current odds for the Preakness Stakes

When it comes to betting on Preakness Stakes markets, as we’ve stressed above, it’s vital that you address the odds to see who you should be backing. On that note, we’d like to focus on the Preakness Stakes odds for the three favored horses. These are the three favorites at most online sportsbooks in the USA right now, and you can check the latest prices through the TVG Preakness odds – the partner for this huge event.

Epicenter: +125 odds

As far as the Preakness Stakes odds go for all possible contenders, this horse is the most favored by quite some margin. As you can see, the current odds for Epicenter to win the Preakness Stakes are +125. This isn’t a huge surprise since Epicenter managed to secure a 2nd place finish in the Kentucky Derby just a few weeks ago. And as it happens, in terms of our Preakness 2022 predictions, we really do feel that this horse will go on to win it.

Bet on Belmont Stakes >

Secret Oath: +400 odds

Thanks to a strong performance at Churchill Downs just a few weeks ago, Secret Oath has moved into position as the second favorite. In fact, Secret Oath managed to win a Grade One event at Churchill Downs on May 6th. So clearly, this horse is in good form going into the Preakness Stakes. Interestingly, Secret Oath didn’t run in the Kentucky Derby, so we can’t compare his form against Epicenter to give any real insight.

Bet on Belmont Stakes >

Early Voting: +500 odds

The third favorite for the Preakness Stakes is Early Voting, as confirmed by the TVG Preakness odds and the many Preakness Stakes betting tips that can be found online right now. The odds are fairly appealing here too, with +500 odds for Early Voting to take the win. He did manage to win a Grade Two event back in April too. Although he has been beaten by other horses in the field in other races, which has impacted the odds, as you can imagine.

Bet on Belmont Stakes >

Betting on Preakness Stakes – how to get it done

Now that you have an understanding of the odds, and have read through some of our Preakness 2022 predictions, let us move on to the action of online betting itself. This process may be a little confusing if you are completely new to betting on Preakness Stakes. So for that reason, we wanted to run through a step-by-step guide to ensure that there are no more doubts remaining:

Pick your online sportsbook

Before you can follow up on any Preakness Stakes expert picks or place any bets, you have to get an online betting account setup. As you may have already guessed, we recommend signing up with TVG since they are partnered with this race and since they offer fantastic odds. TVG also has a great welcome bonus where you bag a $200 risk-free bet, which is well worth checking out too.

Create your account

Once you’ve picked the site that you wish to join, it’s time to open your account. This can be done via the main desktop site, but it can also be done through a Preakness Stakes betting app at top providers too. It doesn’t really matter which channel you choose to sign up through. Either way, you’ll have to provide personal information and establish your sign-in details to get set up.

Fund your account and grab the welcome bonus

After officially signing up for Preakness Stakes online betting, you must deposit some money prior to making any bets. At a site like TVG, you can pick from 5-10 different methods, so depositing money shouldn’t be too difficult. However, note that there will likely be a welcome bonus for you to claim too. So make sure you meet the conditions set out in the terms and conditions to benefit from these deals.

Place your bets

And finally, it’s time to place your bets on the Preakness Stakes. You can choose to follow through on any of our 2022 Preakness Stakes picks below, or you could choose to bet based on your own instincts. Either way, placing a bet is as simple as choosing your market, entering your stake, and hitting the bet button.

Bet on Belmont Stakes >

Preakness 2022 predictions

The final part we wish to run through relates to Preakness Stakes betting tips for the 2022 event. Without wasting time, let us give you our top two picks:

Ultimate winner – Epicenter

In our opinion, Epicenter really should have won the 2022 Kentucky Derby. Despite finishing second, we still feel that he is the most in-form horse going into the Preakness Stakes. And even though the odds aren’t huge on him to win, it’s still the best pick for the Moneyline market.

Each way – Secret Oath

We don’t feel that Secret Oath will win, but we certainly feel that he should place. And you just never know – if something unexpected happens on the day he might just squeeze past Epicenter. So why not cover both possibilities with an each-way wager?