2023 Preakness Stakes: Betting Odds, Wager Menu

The TwinSpires Edge
 
2023 Preakness Stakes: Betting Odds, Wager Menu

Preakness Stakes Morning Line Odds, Wagering Menu, Betting Opportunities and Bet Type Details

Learn the start times of each post time during racing days at Pimlico Park. For the Preakness Stakes, learn what wagers you can place in betting tickets and what payouts or terms and conditions may exist for your betting action.

Maryland Jockey Club Preakness Meet at Pimlico 2023

Wagering Format and Post Times

Preakness Takeout Rates

Preakness Minimum Bet Values

Preakness Minimum Ticket Values

Special Wagers:

The Rainbow Pick 6 (P6) is a $0.20 minimum/maximum wwager that pays the jackpot carryover to a single, unique winning $0.20 ticket. Multiple winners or 'best of sixes' split 60% of the daily net pool. The remaining 40% of the daily net pool builds the jackpot carryover.

The 12% Takeout Pick 5's (P5) are $0.50 minimum wagers: 

The Early Pick 5 (first 5 races) comes with a Mandatory Payout of the daily Early Pick 5 net pool.

The Late Pick 5 (lat 5 races) pays the daily Late Pick 5 net pool, along with any carryover from previous pools of that same Late Pick 5 wager to bets which contain all the correct selections. If no bet contains all the correct selections, the daily net pool created is divided with 25% going to 'best of fives' and the remaining 75% of the pool carried over to the next program.

ONLY the Late Pick 5 has carryover potential.

Jackpot Super High 5 (PF) is a $1.00 minimum/maximum wager that pays the jackpot carryover to a single, unique winning $1.00 ticket. Multiple winners split 50% of the daily net pool. The remianing 50% of the daily net pool builds the jackpot carryover. If there ar no winning tickets, the entire net pool is carried over to the next qualifying race. This wager will be offered once daily in Race 6