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Best betting strategies for Preakness Stakes 2021

Best betting strategies for Preakness Stakes 2021
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Best betting strategies for Preakness Stakes 2021.

The Preakness Stakes is considered the most important leg of the US Triple Crown. It also showcases top equines worldwide, making it one of the most prestigious runs in the horse racing industry.

Many spectators of the race won't be able to attend at Pimlico Race Course, given the current Covid-19 situation. Many will choose to witness the race from a distance through live broadcasts. You can still enjoy the Preakness Stakes by betting online in the comfort of your home.

How to Win Any Bet at the Preakness Stakes 2021

Of course, bettors have their own betting strategies, but the tips and tricks that we're going to reveal are practices of the seasoned horse racing wagerers.

1) Shop for the Best Betting Site

Horse bettors know exactly which horse to back in a race just by reading some statistics and observing how equines behave in the paddock parade.

Aside from this, an intelligent horse bettor should be able to pick the best betting site accessible to him. Before finally picking a bookie, shop for the most favourable odds, the most generous promotions, or ones that offer secure payout. Above all, always check the legitimacy of the website and avoid being scammed.

There are regulated horse racing applications and websites that are mobile-friendly. As much as possible, avoid the websites offering bonuses that are too good to be true.

Reliable betting sites should provide their gambling licence, so you must look for that if you're feeling suspicious about a bookie. Usually, the licence can be spotted at the bottom of the site.

Remember that regulatory licences are prerequisites for guaranteeing that a third-party certifying body has audited a website. In a nutshell, these licences are proof that a sportsbook is compliant with the authorities' regulations.

2) Back the Horses from Kentucky Derby

For the record, 22 of 25 winners of the Preakness Stakes from the year 1986 to 2010 had previously raced in the Kentucky Derby.

Owners and trainers are obsessed about winning the Kentucky Derby, so they always make sure to join the roster of the Triple Crown Series' first leg.

Apparently, you'll get better odds if you choose to back a horse who competed recently in the Kentucky Derby. Rest assured, these horses are in optimum condition before the Preakness Stakes.

3) Look at the Final Odds

Whether you're a newbie or an amateur bettor, you should know that the odds are a crucial factor of sports betting. If you're aiming to gain profit from your betting activities, you should understand how to read odds, including how they work.

Basically, odds show the amount of money bet on a thoroughbred. Essentially, shorter odds indicate more money to invest in a bet. Constantly monitor the odds since they vary during the betting period prior to the race. Watch out for the final odds for a more accurate estimate of your potential profit.

4) Look at the Expert Picks

Because of the health protocols prompted by the pandemic, spectators can choose to watch the race virtually rather than to attend the Pimlico Race Course. The audience is allowed, but there's an attendance limit to be followed.

If you choose to stay and watch the game from home, you can always look at the experts' picks instead of observing the equines in the paddocks.

If you want to come up with an informed decision from your own analysis, you can use the experts' picks and derive a personal pick from it.

Certainly, the experts' opinions are reliable when it comes to assessing which horse is in the finest form to win the race. You can pick what the experts have initially selected if you think they are reliable enough.

The experts' picks are released a couple of days before the actual race. There are many possibilities of injuries and other issues before the event, so the picks could change anytime. It is best to constantly visit your betting website to get the latest news in Preakness Stakes 2021.

How to Bet on Preakness Stakes 2021

Here's how you can bet on the Preakness Stakes this May 15.

Select a Racebook

Racebook is the term for the online betting site in horse racing. You can sign up and visit a racebook if you want to place a bet on a race. There are many racebooks for the Preakness Stakes, so make sure to shop for the best odds and bonuses.

Know your personal preference and pick the racebook that suits you well.

1) Sign Up

The next thing to do is to register for a racebook. The basic details you'll need to supply are your name, birthday, email address, and deposit information. Afterward, you'll receive a confirmation email or a link.

2) Make a Deposit

Now, decide on your deposit method. You can choose from Visa, MasterCard, and AMEX. You can also deposit through e-wallets like PayPal and Neteller. Some racebooks allow deposits that are done through cryptocurrencies.

3) Place Bet On Preakness Stakes

You can now click on the Pimlico Race Course, the horse race number of the Preakness Stakes, bet type, and the horse you'll be supporting. Finally, type the bet amount and finalise it by submitting the Preakness Stakes ticket.

Final Thoughts

If you do want to make an effort in picking your own horse, consider analysing the details of the previous races of the horses involved. For horse racing as critical as Preakness Stakes, you can never go wrong if you practise the strategies above.
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Olympic medal table header
CountryGold medalSilver MedalBronze MedalT
ChinaChina32211669
United StatesUnited States24282173
JapanJapan1961136
AustraliaAustralia1441533
Olympics flagRussian Olympic Committee13211852
Great BritainGreat Britain13171343
Today's Olympic highlights header

Wednesday's key events


SKATEBOARDING
· Team GB starlet Sky Brown - aged just 13 - takes part in the women's park event and has a realistic chance of picking up a medal too. Bombette Martin is Britain's other representative, while hosts Japan are among the favourites for gold (1am)

HOCKEY
· Great Britain's women have more history in their sights heading into their semi-final against Netherlands - the team they beat in the 2016 gold medal match (2.30am)

ATHLETICS
· The men's 400m hurdles final on Tuesday will go down as one of the greatest Olympic races of all time, and the women will attempt to emulate that, with new world record holder Sydney McLaughlin of USA and Netherlands' Femke Bol the favourites for gold (3.30am)
· Nick Miller is Britain's representative in the men's hammer throw final (12.15pm)
· The men's 800m final could be a wide-open affair (1.05pm)
· A thrilling men's 200m final is in store as the likes of Andre de Grasse, Noah Lyles and 17-year-old sensation Erriyon Knighton bid to succeed Usain Bolt as Olympic champion (1.55pm)

SAILING
· After a medal-laden day on the water on Tuesday, Great Britain will be looking for more success, starting with Luke Patience and Chris Grube in the men's 470-class medal race (6.33am)
· Team GB also have medal hopes in the women's event, with defending champion Hannah Mills looking to retain her crown alongside new teammate Eilidh McIntyre (7.33am)

BOXING
· Already guaranteed at least a bronze, Great Britain's Frazer Clarke faces Uzbekistan's Bakhodir Jalolov in the men's super heavyweight with a place in the gold medal bout up for grabs (7.03am)
· Ben Whittaker is also guaranteed a medal, but will look to ensure that is either gold or silver as he takes on Cuba's Arlen Lopez in the light heavyweight final (7.35am)

CYCLING
· World records have been tumbling in the velodrome, and another could go in the men's team pursuit final as Italy - new world record holders themselves - face Denmark (10.06am)

EQUESTRIAN
· Three Brits have made into into the final of the men's jumping individual final, including fastest qualifier Ben Maher, who will bid to inherit compatriot Nick Skelton's Olympic crown (11am)

> Today's schedule in full
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