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2024 Preakness Stakes Betting Favorites, Dark Horses & Longshots

By Hank Blaine

On Saturday, Mystik Dan attempts to take the next step towards’ thoroughbred immortality when the Kentucky Derby winner enters the starting gate at Pimlico Racecourse for the 2024 Preakness Stakes. Mystik Dan is the 5/2 morning line second choice behind 8/5 on the morning line Muth. Is Dan worth backing instead of Muth? Check out morning line 2024 Preakness Stakes odds, and analysis for this year’s favorites, dark horses, and longshots.

2024 Preakness Stakes Race Info

  • When: Saturday, May 18th, 2024. 4:30 pm EST
  • Where: Pimlico Race Course, Baltimore, MD
  • TV/Streaming: Peacock
  • Distance & Surface: 1 ¼ miles on dirt

Top 2024 Preakness Stakes Favorites

  • Muth 8/5
  • Mystik Dan 5/2

Mystik Dan held off Sierra Leone and Forever Young to win the Kentucky Derby, but before backing Dan to get it done in the Preakness, it’s worth noting that the speed rating wasn’t spectacular. In fact, Dan didn’t run faster than either Catching Freedom or Tuscan Gold in the Louisiana Derby or Muth in the Arkansas Derby.

Muth beat Mystik Dan to win the Arkansas Derby. Not only that, but while Dan struggled home and ran his heart out to hold off Sierra Leone and Forever Young, Muth was relaxing in a field, prancing around and getting stronger. Muth is the pick of the Derby winner.

Top 2024 Preakness Stakes Dark Horses

  • Imagination +600
  • Tuscan Gold +800
  • Catching Freedom +600

If Imagination can get a second gear, he’d the best of his generation. In 6 races, the Baffert trainee has won 2 and finished second 4 times. For some reason, Imagination seems to relax the closer he gets to the wire, which is a shame because he’s got a ton of talent.

Catching Freedom won the Louisiana Derby after closing from the clouds. His closing kick in the Derby was there. The problem for Catching Freedom is that he had to get through a wall of horses before unleashing it. By the time he started rolling, the race was over.

Tuscan Gold should be bigger and better than he was in the Louisiana Derby. Gold failed to switch leads on time in the Louisiana Derby, which may explain why he finished third. Also, Catching Freedom and Honor Marie were to his outside where he didn’t see them clearly. Gold finished ahead of the horse he targeted while going 4-wide around both turns. Chad Brown may have another Preakness winner in his shed row.

Top 2024 Preakness Stakes Longshots

  • Seize the Grey +1500
  • Uncle Heavy +2000
  • Mugatu +2000

Throw a dart, right? Actually, there’s a reason to like Uncle Heavy over fellow longshots Seize the Grey and Mugatu.

Before the Bluegrass Stakes debacle, Uncle Heavy had won 3-of-4, including the Grade 3 Withers at Aqueduct. The talent is there. Also, Uncle Heavy has been training well and his grand sire, Pioneerof the Nile, was one of the top sires in North America before passing. So Uncle Heavy has the bloodline to win this.

Where to Bet on the Horse Racing

2024 Preakness Stakes odds and lines are available on the Nitrobetting Racebook. Create a Nitrobetting.eu account now to start placing stakes on the dozens of daily horse racing events happening all over the world!

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