They do say that horse racing is the sport of Kings, however you are not going to need to bankroll of a wealthy member of a Royal Family to be able to place a bet on any horse race that has caught your eye!
Thanks to the ever growing number of Bitcoin sportsbook, you are going to find you can seamlessly make a deposit of any unit of Bitcoin and then set about placing any type of bet on any worldwide horse race.
Howeverr, there is one horse race that does get a lot of attention from punters, and that is of course the Preakness Stakes. This is a race that is always held on the third Saturday in May, and as such there are never any guarantees the weather will be hot and sunny, which does mean it is a race that can be tricky to win.
Some past winners of the Preakness Stakes have belted up at some huge odds, whilst the opposite can also be said with some very short odds winners having also past the post in first position, so from a betting point of view it can be a profitable race to bet on at times, if you do manage to select the winner!
If you are interested in placing a bet on the Preakness Stakes with Bitcoin, then you will be pleased to learn there are a plethora of different betting sites that are going to allow you to sign up, make a deposit using Bitcoin and bet on any horse race you like, no matter where you live in the world.
Rather that you risk opening up an account at a betting site that is going to offer you reduce odds or drag their heels when it comes to paying you out your winnings please do stick to betting at only fully licensed sportsbooks and Bitcoin accepting bookmakers.
What you will discover is that many Bitcoin racebooks that offer Preakness Stakes betting markets will often start to offer odds well in advance of that horse race starting, and they will do so via something known as an ante post betting market.
One of the benefits of betting on an ante post betting market is that you will find the odds can be much higher in value the early you do place a bet on your fancies runner, so if you want some much better odds then try and bet well in advance of the Preakness Stakes starting.
Whilst you may also be tempted to make use of a betting bonus or free bet given away as an incentive for you to join a Bitcoin betting site, keep in mind that there will always be rules attached to such betting bonuses, so they may not be as generous as they first appear, once you have read through and digested those bonus rules!
Betting sites that do all both deposits and withdrawals to be made using Bitcoin however will process all transactions instantly, so you can bet straight away once you make a deposit and get paid out your winnings just as quickly as you made your deposits too!