The second leg of this year’s Triple Crown horse racing season for the top three-year old thoroughbreds continues on Saturday, May 19 with the running of the 143nd Preakness Stakes at Pimlico Race Course in Baltimore. While the Kentucky Derby is the crown jewel and biggest betting event in this three-race series, there is still plenty of money to be made on this race as an independent bookmaker with the help of your Pay Per Head provider’s online sports betting software solutions.
Keys for a Racebook
The top Pay Per Head sites in the Internet sports betting industry all offer an extensive lineup of betting options when it comes to successfully running and managing your own racebook for horses in conjunction with your sportsbook for all kinds of other sports betting events. A racebook can be a vital source of cash flow and bottom-line profit on a year-round basis with hundreds of race tracks to choose from across the nation and around the globe. When you are talking about a major graded stakes race such as the Preakness, you now have a golden opportunity to add quite a bit of betting action to your plate.
One of the biggest reasons for working closely with your PPH service when it comes to building out your betting board for this year’s Preakness is the fact that there is a full card of racing action on tap at Pimlico that day. By offering added action on a Daily Double or Big 3 and Big 4 bets, you can extend your overall take for the day. While most of your casual bettors will still be dialed into that day’s main event, die hard horse bettors will be looking for all the betting odds for the entire race card at Pimlico on May 19.
Another great way to cash in on the Preakness is by also offering a full array of prop bet options in conjunction with this race. You price per head service should be able to set you up with any number of prop bet odds ranging from the margin of victory in the race to the winning number of the horse and jockey. Betting horse props is a great way to extend the action coming in, so be sure to build out your board as early as possible in order to take full advantage of this added money making opportunity.
One of the biggest prop bets heading into this second leg is will the horse that won the Kentucky Derby go on to win the next two races to lay claim to one of the most elusive titles in all sports. American Pharoah completed this feat in 2015 to become just the second horse since 1978 to win a Triple Crown title.
Your current PPH service should not only be able to set you up with all the betting lines you need to make the most out of this year’s Preakness, they should have the proper mobile platform in place to give your customers the capability of placing all of their horse racing bets through a hand-held device. Real time mobile betting is the future of the online sports betting industry so you need to ensure that your Pay Per Head provider remains up to speed when it comes to this type of sports betting technology.