Saturday features the Preakness Stakes, the second leg of the Triple Crown and the shortest race among the three. This year, we’re keeping our eye on Mystik Dan, the Derby winner and the current favorite at 5-2 to win the Preakness Stakes.

If Mystik Dan wins the Preakness, the Belmont Stakes will have incredible numbers as horse racing fans and bettors will be watching to see a potential Triple Crown. In the meantime, new horse racing bettors can sign-up with top horse racing betting apps and find welcome offers activated through the Preakness Stakes.

My personal favorite platform is TwinSpires, the official horse racing betting app of Churchill Downs. TwinSpires offers $100 in bonus cash for every $400 wagered in the first 30 days up to a maximum $400 bonus.

We’ll walk through the top offers you can find for the Preakness Stakes and other horse races.

1. TwinSpires

TwinSpires promo code: HANDLERACING

TwinSpires provides a bonus that releases in increments of $100 for every $400 you wager in the first 30 days. This can be maximized with a total $1,600 in bets to earn the $400 of bonus cash.

Since it releases in increments, $790 wagered earns $100 of bonus cash while $800 earns $200. If you wager under $400, you won’t earn any piece of the bonus cash.

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The good news is your bets can be spread across multiple races such as the Preakness and the Belmont Stakes and also across different types of bets. I could wager on Mystik Dan to win the Preakness on Saturday, place a Pick 4 on the late night races at Los Alamitos, wager on different races in the following weeks, place an exacta for Belmont and others to hit my wagering requirements to earn the bonus cash.

Make sure to click this link to find the TwinSpires sign-up page or use the module below with promo code HANDLERACING.

2. FanDuel Racing

FanDuel Racing provides a $500 No Sweat First Bet for new customers whether you’re in a sports betting state or a state that only offers horse racing. The major requirement is that you’ll need to be a first time user for any FanDuel product, meaning sports bettors that have already signed up but haven’t bet on horses don’t qualify.

The bet can be placed on any race or any track and can be any type of bet not just a single horse to win. It’s entirely up to you on how to wager as long as you place a cash bet after creating your new account.

If your bet hits, you profit cash and can withdraw the cash or use it across different races. Meanwhile, FanDuel deposits a racing credit to cover your stake if it misses within 72 hours and the racing credit lasts for seven days.

FanDuel doesn’t require a promo code to get started but be sure to click the corresponding module depending on if you’re in a standalone horse racing state or a state that also offers the sportsbook.

FanDuel Racing only (You will need to download the FanDuel racing app) — AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD, WA
FanDuel sports betting states (The horse racing tab is in the upper left of sportsbook app) — AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY

 3. DK Horse

100% Deposit match up to $250

DraftKings, one of our favorite sports betting sites, provides a different platform for your horse racing wagers. As a new customer, you’ll have a chance to earn a 100% deposit match up to $250 in bonus.

However, DK Horse requires a 2x playthrough that releases the bonus. You’ll earn $25 in bonus for every $50 wagered so even with a maximized $250 deposit you’ll need to wager $500 to earn the maximum $250 bonus.

4. AmWager

Deposit and bet $150, earn $150 wagering credit

AmWager offers a similar promotion to a deposit match but you’ll need to wager the same amount before earning the wagering credit. First, you’ll need to be a new customer and fill out a quick sign up form to create an account.

Next, you’ll need to deposit $150 and wager the $150 within 30 days to earn a $150 wagering credit. If you deposit but don’t wager, you cannot earn the bonus.

5. DRF Bets

Deposit $200 and earn $200 bonus

DRF bets provides a chance to up your bankroll with a $200 deposit that earns a $200 matching bonus. This allows you to start your wagering with a $400 bankroll on horse races such as the Preakness.

6. TVG

$100 First bet insurance

TVG, now owned by FanDuel, actually provides its own offer which allows you to recoup a first bet that misses up to $100 in wagering credit. The major requirement is that the bet must be on a single horse to win and cannot be other types of bets such as an exacta, trifecta or a Pick 3.

You’ll either win cash if your bet hits or you’ll have the wagering credit from TVG to use on other races within the platform.

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