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FanDuel Racing Promo Code Scores ‘No Sweat First Bet’ Bonus for 2023 Preakness

FanDuel Racing Promo Code Scores ‘No Sweat First Bet’ Bonus for 2023 Preakness article feature image

Mitch Stringer, USA Today Sports.

FanDuel is a premier sportsbook and DFS option, but did you know they also offer horse race betting? FanDuel users can wager on the 2023 Preakness Stakes from the same account they use for the sportsbook and DFS. FanDuel bought TVG last year, including its horse racing betting platform, giving it access to about three-dozen states.

The FanDuel Racing promo code gives new users a $20 no-sweat first bet for the second leg of the Triple Crown. Bettors can wager up to $20 on any horse to win the Preakness Stakes. If that horse loses, the bettor receives a $20 bonus bet. This bonus bet is available until June 12, 2023. FanDuel Racing considers this a racing bonus, so it can only be used on another horse race, not on sports.

And to repeat, it must be on the Preakness Stakes, and it must be a bet on a horse to win — not exotics or to show/place. It’s not like the sports no sweat first bet in which you can bet on anything.

Kentucky Derby winner Mage is the favorite at 8/5 (+160). If you bet $20 on Mage and he wins, you’ll receive $32 in winnings and keep your $20 wager. A loss means you’ll receive a $20 bonus bet for FanDuel Racing.

Where Can I Use FanDuel Racing?

FanDuel Racing allows you to wager on the Preakness Stakes in many U.S. states.

  • FanDuel Sportsbook or FanDuel Racing App: CO, IL, IN, LA, MD, MA, MI, NY, OH, PA, VA, WV, or WY
  • FanDuel Racing App only: AR, CA, DE, FL, KY, NH, NM, ND, OR, RI, SD, and VT
  • TVG app: AZ, CT, IA, ID, MN, MT, NJ, or WA

Is Horse Race Betting Available on the FanDuel App?

The FanDuel Sportsbook app allows customers to bet on horse racing in nine states.

  • Colorado
  • Illinois
  • Indiana
  • Maryland
  • Michigan
  • New York
  • Virginia
  • West Virginia
  • Wyoming

2023 Preakness Stakes Odds 

It’s a small field of only seven horses for the Preakness Stakes. Kentucky Derby winner Mage is the favorite at 8/5. If you prefer to view the American odds, check out our betting calculator converter for more familiar pricing.

1National Treasure4/1
2Chase the Chaos50/1
5Red Route One10/1
7Blazing Sevens6/1

Betting on the 2023 Preakness Stakes

Please look at our picks from Action Network before betting on the Preakness Stakes.

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