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Maryland is the home of Pimlico Racecourse where the second leg of the world-famous thoroughbred Triple Crown races, the Preakness Stakes, are being held every third weekend of May.

The 2012 Preakness Stakes is a Grade 1 stakes race for three-year-old thoroughbred horses, run at a classic distance of 1 3/16 miles (9.75 furlongs; 1.91 km) on a dirt track.
Colts and geldings carry 126 pounds (57 kg), while fillies carry 121 pounds (55 kg).

Come bet on the Preakness Stakes at Pimlico racetrack and watch your favorite horse win at the Preakness. The second of the prestigious Triple Crown races, the 134th Preakness Stakes will continue its legacy as one of the word's finest horse races. But the early odds are hard to come by, so stop horsing around and get your Preakness stakes betting lines at Gamblers Palace Racebook.

Be selective - don't bet on anything or everything.


When betting straight, Always  cover your  bet,  Example: $5.00 Win $15.00 Show
if the odds are high enough to break even if horse shows or play  Win / Place,
Place / Show getting back something is better then nothing.
                                       
If a horse is heavily backed just a few  minutes before  the start  of the race
and his odds are sharply reduced, bet on it.  This is a  strong indication that
somebody has reliable favorable information about the horse that nobody else is
aware of.

The  horses to  look out for in  Lightweights  Handicap Races  are  those whose
overall form shows that they are capable of winning, regardless of the class of
race in which they compete.

Two or  more wins in the form shown in  newspapers are  often  indication of a
possible big win by a low weight.  An added bonus is they usually  start at big
prices.
 
When making  selections, always give  preference to a horse  that ran recently. A horse
that has not raced for several weeks may have  suffered some  setbacks  like an
injury or  an illness.  No matter how good  his form was  if it is  not recent,
chances are the horse will not win.
Give an extra point to an experienced  jockey on longer distance races (over a
mile). A jockey's ability assumes greater importance as the distance increases.

In general Apprentices are capable to break a horse fast, which is very good in
sprint  races,  and the  majority of  their wins are usually accomplished under
such circumstances.  However, in  route races ( distance of  longer than  1-1/8
miles) Apprentices usually do not fare as well. This is not necessarily because
they are lacking in basic ability,  because they are  lacking in the experience
needed to properly gauge the pace of a race. An experienced jockey can enable a
front-running sprinter to perform as well in route races.
 
It is best not to replay your winnings,  at least not immediately.  If you want
to be in control, you must put back in your pocket some or most of what you
have won.
Do your homework before signing up to an online sportsbook.

Four important things you should look for in a sportsbook:

1. Are they members of a known Gambling Association?
2. How quick do they pay out?
2. How accessible is their customer service?

 
Horse Betting  Strategies

(WIN) At odds of 2-1 or higher, bet to win.

(PLACE) At odds below 2-1, bet to place, but not to show.

UNDERLAY
An underlay is a overbet horse.  NEVER BET ON UNDERLAYS!!
OVERLAY
Odds higher than they should be, based on horse's chances of winning. Basically
an overlay is an under bet horse.  ALWAYS BET ON OVERLAYS YOU THINK HAVE A GOOD
CHANCE TO WIN!!
NOTE: Anytime you like an overlay and and underlay or a good-price horse and low-price horse
in the same race, bet the overlay

THREE DO'S AND DON'TS IN EXACTA BETTING.

The important point about  Exacta wagering  (betting horses will finish one-two
in the exact order you bet them) is to use  positive  strategies that  will pay
off better the more frequently you play.
THE DON'TS

1. Don't bet favorites below 2-1 on top.

2. Don't box pairs of ling shots, which means horses at 11-1 or higher. Instead
bet both horses to win.

3. Don't bet baseballs, taking 3 horses and betting every possible combination
to come one-two, total of 6 combinations.

Note: If you bet a low-price favorite on top, do not use the  second and  third
betting choices on the bottom.
THE DO'S

1.  Do bet the favorites on the bottom.

2.  Do box pairs of medium-priced horses, such as 8-1 with 6-6.

3.  Do bet long shots on top of favorites, but also bet on the  long shot to win.

4.  Do make sure you have a two to one ratio with the of what picks your are   
using.

HOW TO WAGER ON MY SELECTIONS

If odds are 5/2, 3-1, 7/2, 4-1, 9/2, 5-1, and 6-1, wager to WIN and PLACE.  For
every WIN unit ($1 bet) bet three units to place. ~~~ NO SHOW WAGERS ~~~

If odds are 7-1, 8-1, 9-1, 10-1, 11-1 and 12-1, wager to WIN,  PLACE and  SHOW.

For every WIN unit wager three place units and three show units.

When odds are 13-1  and higher wager two units to  place and five units to show
for every win unit bet.

Triple Crown Horse Gambling Tips

 
Watch for hot jockeys or trainers who are doing particularly well. A hot jockey
sometimes  will get the  choice of top mounts, and a rider usually will go with
the horse most likely to win. Check the standings in the Official Program.

Notice how  jockeys and  trainers pair up.  Some trainers will invariably use a
certain jockey when they have promising runners.  Look for the  favorite jockey
IN THE RACE NOT AT THE TRACK.

Keep in mind the the best Trainer, Jockey, Horse often do not win.  You need to
watch out for the back door horse and that is where I come in to help  you find
those horses.

Barn changes should be considered.  A claimer moving from a  modest stable to a
successful  one will be worth  consideration.  Horses often will respond to the
change in surroundings,  and other factors - such as a  change in feeding or in
horse-shoeing - may result in a rapid turnaround.

Give preference to winners. Choose a horse that has won before.

Avoid betting on a horse that has just moved up in class.

Look  for value  odds as much as likely winners.  If you keep looking for them,
you will learn to spot them fairly quickly.

Look for a  horse that has a fair chance of  winning and is not  overly backed.

This is usually a good value bet in the long run. On odds of say, 9/1, you need
to win once in nine attempts to break even. Anything more is net profit.

When the track is slow or heavy,  give preference to fast starters. Slow, muddy
and heavy track conditions usually favor the horse that takes an early lead.

A straight bet is simple, manageable and not too difficult to win.  Play it but
always weigh up the odds. Avoid favorites and long shots (shippers) too.

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