The 2025 Preakness Stakes heads to Pimlico Race Course on Saturday, May 17th and horse racing fans in Michigan won’t want to miss it. Despite the closing of Northville Downs, residents can still bet on the Middle Jewel of the Triple Crown using one of the top online racebooks.
However, state-regulated racebooks are restricted to pari-mutuel betting, which can limit payouts for top contenders, especially in a smaller field with just nine horses. Instead of leaving money on the table this weekend, horse racing fans can boost their bankroll and maximize their profits by signing up with one of the top offshore sportsbooks. With over $10,000 in free bets available this weekend, these online racebooks simply have more to offer than local betting options.
Read on to discover how to bet on the 2025 Preakness Stakes in Michigan and get free bets to back your favorite horses.
How To Bet On Preakness Stakes 2025 in Michigan:No sportsbook brings more heat to the Preakness than BetWhale. Get $6,000 in betting offers, take advantage of deep odds, and enjoy instant crypto deposits with ironclad security. It’s where crypto meets racing at full speed.
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Why Sign Up For Bovada?Horse racing is fully legal in Michigan, but options for placing a bet have become more limited in recent years. With the closure of Northville Downs, the state no longer has any active racetracks or off-track betting venues. Instead, Michigan residents must rely on a small group of regulated online racebooks, like TVG and TwinSpires, to wager on major events like the 2025 Preakness Stakes.
Unfortunately, these betting sites only support pari-mutuel wagering, where odds shift based on the betting pool and final payouts aren’t known until the race concludes. That system can cut into profits, especially when betting on some of the top contenders in a shortened field.
For a more profitable approach, Michigan bettors are turning to top offshore sportsbooks that feature fixed Preakness odds, larger bonuses, and up to $10,000 in free bets. New members can sign up, instantly claim their bonus cash, and start betting on the Preakness Stakes without any restrictions.
Who Can Bet On the Preakness Stakes In Michigan?Despite having a heavy favorite in Journalism (-125), the 2025 Preakness Stakes features a surprisingly balanced field behind him. River Thames (+600), Clever Again (+700), Sandman (+700), and Goal Oriented (+700) all bring a mix of speed, pedigree, and strong form to the table. American Promise (+1600) is a wild card with an elite turn of foot. And while Gosger (+2200), Heart of Honor (+2200), and Pay Billy (+5000) may be longshots, stranger things have happened at Pimlico, where the morning line favorite hasn’t won since 2018.
Here are the latest Preakness Stakes odds for every horse running at Pimlico Race Course on Saturday.
Horses Odds Journalism -125 River Thames +600 Clever Again +650 Sandman +725 Goal Oriented +900 American Promise +1600 Gosger +2200 Heart of Honor +3000 Pay Billy +5000
Preakness Stakes 2025 Picks and Predictions
With Journalism sitting at -125 odds, there isn’t much value for bettors backing the favorite, prompting many to look for a better-priced contender. One horse that stands out is Clever Again (+700), a colt with both the pedigree and the pace to compete at this distance.
Sired by Triple Crown champion American Pharoah, Clever Again has two first place finishes in three career races and recently flashed elite speed with a 108 Equibase figure in his Hot Springs Stakes win. That performance proved he can hang with the best in this nine-horse field, especially with top-tier connections backing him. Trainer Steve Asmussen owns two Preakness wins already and jockey Jose Ortiz guided Early Voting to victory in 2022, so the horse has plenty of things working in his favor heading into the race.
Take the value on Clever Again at +700 to pull off the win at Pimlico.
Preakness Stakes 2025 Prediction: Clever Again (+700)
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