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Finding the top Preakness betting promos and promo codes can make the quest for profitability much more attainable on Preakness betting apps. Here's a look at some of the top FanDuel Racing, 1/ST BET and TwinSpires promo codes and offer codes so you know where to bet the Preakness Stakes. You can also compare the best Preakness Stakes betting apps below.

Preakness Stakes betting promos

Here's a look at the 2025 Preakness Stakes promo codes being offered by horse racing betting sites ahead of the second leg of the Triple Crown. 

Brand

Bonus Offer

Promo Code

FanDuel Racing

$500 No Sweat First Bet

Just click here

TwinSpires

Up to $400 in Bonus Funds ($100 per $400 wagered)

CBSSPORTS

1/ST BET

Up to $250 in Wagering Credits ($25 per $100 wagered)

250BET

FanDuel Racing: $500 No Sweat First Bet

The FanDuel Racing promo code offers new users a $500 No Sweat First Bet. This means users can bet up to $500 with their first wager on the app and receive their stake back bonus credit form if it loses. This offer is only available to new users and for their very first wager on the app. It can take up to five days after the first wager settles for credit to appear in your account. FanDuel Racing credit expires after seven days. 

TwinSpires: CBSSPORTS for up to $400 in bonus funds

TwinSpires is offering new users $100 for every $400 wagered, up to $400 in total bonuses. Once users sign up using the TwinSpires promo code CBSSPORTS, they will be eligible for the offer. In order to get the full amount in bonus funds, users would need to wager $1,600 within 30 days of creating the account.

1/ST BET: 250BET for up to $250 in wagering funds

New users get up to a $250 sign-up bonus at 1/ST BET for the Preakness if you register with the online horse betting offer code 250BET. The bonus is $25 in wagering credits for every $100 wagered over the first 60 days your new account is open. To max out the 25% rebate in the first 60 days of your account, you must wager $1,000. Wagering credits are disbursed after each $100, and new users do not have to wait 60 days for their bonus.

The $25 in wagering credits for every $100 you bet are disbursed regardless of whether you win or lose your horse racing bets. That means it is possible to win a profit and earn racing credits with this 1/ST BET promo code.  

Comparing the best Preakness Stakes promos

We'll look at each promotion listed above through the following lenses: clarity, value, flexibility and payout speed, to give the best options for people trying to learn how to bet on the Preakness Stakes. 

Promo clarity

All the promotions are clearly defined when it comes to terms and conditions. TwinSpires and FanDuel Racing are both transparent about how much is needed to be wagered in order to maximize the bonus funds.

Bonus value

The promotion at both TwinSpires gives users a sliding scale for bonus funds, but with a lower return. If a user were to wager $800 under the TwinSpires promotion, they would get back $200 in bonus funds. Similarly, the No Sweat Bet at FanDuel Racing matches the player's first wager up to $500.

Flexibility

The 1/ST BET promotion runs for 60 days and applies to races beyond the Preakness, so users don't necessarily have to wager a lot on the Preakness to get the most out of this offer. New users have about two months to rack up wagering credits, up to $250 and can use each $25 wagering credit as they are earned after $100 wagered.

Payout speed

TwinSpires will credit bonus funds to users as each $200 increment is passed, up to $400 within the 30-day period for the promotion.  FanDuel Racing's no sweat bet can take up to five days after the first wager settles for credit to appear in your account.

Preakness 150 betting preview

The competition promises to be fierce at the 2025 Preakness Stakes on Saturday, even though there will not be a Triple Crown winner this year. Kentucky Derby winner Sovereignty is skipping the Middle Jewel of the Triple Crown to focus on the Belmont Stakes, which could open the door for his Kentucky Derby competitors at the Preakness Stakes 2025. That includes Derby runner-up Journalism, who was a betting favorite ahead of the Run for the Roses and is now the 8-5 morning line favorite in 2025 Preakness odds.

Fellow Derby competitor Sandman is also in the Preakness Stakes field and is 4-1. Meanwhile, trainer D. Wayne Lukas will try to follow up his 2024 win at Pimlico Race Course with American Promise, a 15-1 longshot to win the Run for the Black-Eyed Susans. With so much to consider before placing your bets, you can check out 2025 Preakness Stakes betting promos at online betting sites and top horse racing apps. Post time for Saturday's race is 7:01 p.m. ET.

Deciding how to use Journalism will be one key for horse racing bettors. 

Responsible gaming

Racebooks are committed to promoting responsible gambling, and they provide essential tools and resources for anyone who may be struggling. If you or someone you know is experiencing issues with gambling, help is available.

In most states, the minimum age for betting on horse racing is 18, though some states require bettors to be 21 or older.

Support is available through trusted organizations like the National Council on Problem Gambling (NCPG) and Gamblers Anonymous. You can also call or text 1-800-GAMBLER (1-800-426-2537) anytime; assistance is available 24/7.

Summary

For users looking to place bets on the upcoming Preakness Stakes, both TwinSpires and FanDuel Racing are currently offering bonuses to potentially increase your bankroll.

It's important to note that you need a separate account to make online horse betting wagers, even if you have an account with a sportsbook. Betting on horse racing is not legally allowed at sportsbooks, so you need an account on an accepted horse racing betting app like the ones mentioned above.