Judy Rae

Must-Know Betting Guide For 2020 Preakness Stakes

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The Preakness Stakes is the second jewel of the US Triple Crown. However, because of the recent pandemic, it will commence last and will run on October 3, at Pimlico Park in Baltimore, Maryland.

Now is the perfect time to check for horses that will compete in the upcoming Preakness, as the Kentucky Derby concluded last September 5. With the recent hype of Derby’s success, there’s a lot of things that racing enthusiasts need to look forward to in the Preakness Stakes.

 To fully prepare and make most of the 2020 Preakness Stakes, here are the things that everyone should prepare, expect, and do. This list will surely help you do a profitable run at this year’s most anticipated race.

Check Out the Horse Cards

The main stars of the 2020 Preakness Stakes are the mightiest and strongest three-year-old thoroughbred horses that will aggressively compete in the dirt track.

If you want to indulge in a more exciting horse racing event, it’s best to check these horses that will run the race with a keen eye. You should check out the racing favourites, trainer and jockey details, recent statistics, and racing forms of each horse entry online. You can also watch the previous events of the Triple Crown and observe how these colts run through the race tracks.

The vital information that you will gather will allow you to view the horse’s full profile and will aid you in assessing how they can go far on the dirt track. It will also help you to fully understand how you can gamble and pick your Preakness bets.

Find the Best Betting Site

Aside from the thoroughbreds, you should also make sure that you know exactly how to wager and where to participate for the Preakness Stakes betting if you want to grow your bankroll.

Most bettors that want to gamble online will look for the highest odds, the biggest promotions, or fast payout betting sites. While these factors are essential, your top priority should be finding a wagering website that can be trusted.

It’s best to avoid illegal betting sites and stick with the regulated horse racing apps and websites. Only sign up with a betting site that has a gambling license. You can find it at the bottom of the site, and a legitimate regulator must issue it. The gambling license will be your best safety net to ensure that you are not falling for a scam.

The site should also have the latest SSL encryptions and that they are working with legitimate payment partners. Having enough security encryptions will ensure that each of your transactions and personal data is adequately protected from harmful third parties.

Lastly, check out the website’s reputation through third-party reviews. Knowing other bettor’s experience with the betting site will likely predict your future experience and avoid any substantial financial losses.

Know the Expert Picks

You may not be able to witness the horses themselves during the Preakness States due to health protocols implemented, but you can always rely on the expert’s picks. If you don’t want to rely on an expert’s picks, you can certainly use them for information to come up with your own picks.

Knowing the expert’s opinion and prediction for the upcoming Preakness Stakes is the best way to assess which horse will have the most significant presence and denotes the best form. It is where you can decide which thoroughbred you can bet during the game.

Watch out for these picks just a few days before the races. Also, just like any betting odds, keep in mind that these picks usually change depending on any development with the horses, may it be an injury or unwanted issues. Stay updated by following your favourite betting website as they will always contain the latest information regarding each race participant.

Consider the Latest Odds

The odds are a vital aspect of sports betting. You should know and understand how to use it if you want to maximize your chance and become a successful bettor.

Odds reflect the amount of money bet on a horse; this means that if the odds are shorter, the higher the amount is invested. The odds change throughout the betting period before the race, so you should always keep an eye on them.

Once you understand the different distinctions of horse racing odds, you can use it as a reliable guide to knowing how much you could win and decide for your preferred race outcome.

Takeaway

The 2020 Preakness Stakes is undoubtedly an uproarious horse racing event to look forward to after the Kentucky Derby. Aside from watching the colts that will likely run from the Derby to compete in the Preakness, betting on who will triumph during the last leg of the Triple Crown will surely make the experience more entertaining. You can catch the Preakness Stakes at 5 pm EST on TV and NBC or live stream on NBCSports.com.

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