Best Preakness Stakes Picks 2024: Top Expert Tips to Win

The Preakness Stakes is one of the showpiece occasions in the US horse racing calendar, forming a key part of America’s Triple Crown. Taking place on the third Saturday of May, we want to reveal our expert Preakness Stakes picks.

The following Preakness Stakes picks by experts have been carefully considered and we will of course review the best betting sites for wagering on this prestigious meeting.

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2024 Preakness Stakes Favorites

Preakness Stakes picks aren’t just plucked out of thin air. No, the runners and riders have been judged on their form in the run-up to this event, so their performances at the Kentucky Derby will have a heavy bearing on their Preakness Stakes odds. Let’s see how our Preakness expert picks are shaping up in the offshore racebooks. Our table will be rather handy.

Preakness Stakes Horses BetUS Bovada Sportsbetting.ag BetOnline MyBookie
Mage +175 +175 +185 +185 +137
First Mission +225 +200 +240 +240 +225
Two Phil’s N/A +400 N/A N/A +400
National Treasure +800 +650 +1000 +1000 +1000
Derma Sotogake N/A N/A N/A N/A +800
Tapit Trice N/A N/A N/A N/A +800
Disarm +850 +1000 +750 +750 +800
Blazing Sevens +1100 +1000 +1200 +1200 +1400
Confidence Game +1100 +1000 +1200 +1200 +1600
Red Route One +1400 +1200 +1600 +1600 +2000
Perform +1500 N/A +1600 +1600 +1000
Henry Q N/A +1600 N/A N/A N/A
Instant Coffee N/A +2500 N/A N/A N/A
Chase The Chaos +3500 +2500 +5000 +5000 +6600
Il Miracolo N/A +5000 N/A N/A +6600
All prices correct as of 11:00 EDT on Thursday, May 11 2023.

Expert Preakness Picks – What Our Specialists Are Saying

In the Preakness Stakes, position matters and in the case of Mage, this could count for a lot as the short-priced favorite has often had low draws in recent races. Overcoming those on tracks where cornering is so important is always a challenge.

The best horse racing betting sites will be swelled with futures as well as other pre-match racing lines for you to explore. So, let’s see who we are siding with in our Preakness Stakes 2024 picks.

Expert Preakness Picks – Who We Think Will Win

First Missiondoesn’t have a hard race in the Kentucky Derby behind him, so Godolphin’s decision to bypass Churchill Downs and focus their efforts here looks clever. Brad Cox is still looking for his first Preakness winner, but he may have it this year thanks to First Mission.

An improving colt by Street Sense, he took his form to a new level with victory in the Grade III Lexington Stakes at Keeneland in April. Provided he makes similar progress here, First Mission is top of our expert Preakness Stakes picks this year as helooks the better value of the two at the head of the betting.

Our Pick:First Mission to win the Preakness Stakes @ +240 with BetOnline

Preakness Horse Picks – Top Two & to Show

It’s hard to ignore the obvious claims of Mage after his Kentucky Derby victory. Churchill Downs was his coming out party after twice being held by Forte at Gulfstream Park earlier in the year.

He’s always had about a month between his races, however, and with just two weeks since his triumph before the Preakness, this is a big ask but he could still finish placed.

Another of our Preakness Stakes picks is Kentucky Derby fourth Disarm. Steven Asmussen is a two-time winner of this race and his Gun Runner colt was perhaps a little unlucky at Churchill Downs.

Denied a clear passage through the race at a key stage, Disarm had to switch and still came through under pressure for minor honors. He may well do better and make the show at Pimlico.

Our Picks: Mage to place & Disarm to show in the Preakness Stakes

Preakness Longshot Picks

There are a couple of Preakness sleeper picks who could outstrip their odds. First up isRed Route One for the Asmussen barn. He blew the start in the Arkansas Derby when we last saw him, so looks capable of better if judged on earlier runs in the year.

Our list of Preakness race picks also includes the horse that beat Red Route One in the Rebel Stakes. That was none other thanConfidence Gamefor the J. Keith Desmoreaux barn.

Although weakening into tenth in the Kentucky Derby, dropping back in distance should be more suitable for this Candy Ride colt. It’d be no surprise if, in a smaller field, either Red Route One or Confidence game ran above what the market and oddsmakers expect from them.

Our Longshot Picks: Confidence Game @ +1600 & Red Route One @ +2000 with MyBookie

Latest Horse Racing News & Tips

Best Preakness Stakes Picks – Exotic Bets

Exotic wagers are more specific as you usually have to predict the exact order in which the horses might place in a race. These wagers are harder to pull off, but you stand to earn a handsome profit if your bet is successful. Let’s run through the Preakness Stakes picks and see where you might find value using exotic bets.

Preakness Exacta Picks – Our Tips

An Exacta bet requires predicting who will be the winner and the runner-up of the Preakness Stakes and then your winnings will be calculated via a pari-mutuel pool. This is then divided among bettors that have winning tickets. At some of the top sportsbooks, you will be able to make the most of the best free bets offers.

Our Preakness top picks have First Mission to make the step up in class and win this race. Without exposing him against rivals in the Kentucky Derby, he arrives a fresher horse. First Mission warrants his place as one of our 2024 Preakness Stakes picks on potential. He represents powerful connections in global owner-breeding operation Godolphin and the Brad Cox barn

Also featured in our Preakness 2024 expert picks, is the favorite Mage. Provided he can handle the short turaround from Churchill Downs and the Kentucky Derby hasn’t taken too much out of him, he can have a say in the finish again.

While Mage is for many handicappers top among Preakness Stakes picks who will win, our experts feel he can run another big race in defeat to a lighter-campaigned horse like First Mission. Together, they form our advised Exacta bet this year.

Our Recommended Exacta:

  1. First Mission
  2. Mage

Preakness Trifecta Picks 2024

A trifecta bet entails picking the first three horses to finish a race, and they must be in that exact order. A trifecta is therefore much harder to nail than an exacta, but it can still provide some excellent returns.

What our experts have done here is combined their Preakness Stakes picks to show, place and win all together as the trifecta. That means First Mission for victory and Mage to be second for the reasons outlined above.

Joining them in the trifecta in third spot is Disarm. He’s perhaps better than his finishing position in the Kentucky Derby suggests. There are often hard luck stories at Churchill Downs with so many runners taking part. With better luck in the run here, Disarm can make the show.

Our Recommended Trifecta:

  1. First Mission
  2. Mage
  3. Disarm

Preakness Superfecta Picks 2024

For Preakness Stakes picks, a superfecta style of bet is a bit more tricky as you have to predict the top three horses, as well as the fourth-place horse and the order has to be precise, so there is no room for error. We’re going to add another runner to our Trifecta above.

While the likes of First Mission and Mage are some of the best Preakness free picks around, who joins them in the money is more competitive. Disarm’s claims are based on efforts behind those two leading contenders.

Joining them in the superfecta is National Treasure. Like First Mission, connections have given this Quality Road colt time after his fourth in the Santa Anita Derby. Fresher legs could pay off at Pimlico against the contingent of horses that contested the Kentucky Derby. National Treasure could end up filling the same spot in another Grade I event here.

Our Recommended Superfecta:

  1. First Mission
  2. Mage
  3. Disarm
  4. National Treasure

Preakness Stakes 2024 Expert Picks – Super Hi-Five Picks

If you are feeling bold with your Preakness Stakes picks, you can elect for a Super Hi-Five bet which entails naming the first five horses to cross the finishing post in order.

You know the drill by now. We add in another horse to this most challenging of Exotic wagers based on the above bet. A chance is taken on Red Route One for the same connections as Disarm.

He gave himself no chance of victory in the Arkansas Derby when dwelling coming out of the gate at Oaklawn Park. Red Route One probably did pretty well in the circumstances and can show that wasn’t his true running. We think you should bet him to go one spot better in the Preakness.

Our Recommended Super Hi-Five:

  1. First Mission
  2. Mage
  3. Disarm
  4. National Treasure
  5. Red Route One

2024 Preakness Stakes Picks – Top Three Tips

Our top three Preakness Stakes picks come from the trifecta markets, which we have outlined below.

Tip 1: First Mission to Win the Preakness Stakes

First Mission is our main bet to win at Pimlico with his under-the-radar prep for this race and swerving the Kentucky Derby.

Tip 2: Mage to place in the Preakness Stakes

Few can deny Mage was a deserved winner at Churchill Downs and a bold Triple Crown bid is now on the cards. This may be asking just a little too much, though, and the tough race he had just a couple of weeks before the Preakness may see him coming up a little short.

Tip 3: Disarm to show in the Preakness Stakes

If he had a clearer run in the Kentucky Derby, then Disarm would probably have made the show. With fewer runners to get past, we believe he’s a great bet to do just that here.

Top Sportsbooks for Preakness Stakes Picks

Let’s now take a look at which sites featured in our top 10 for covering Preakness picks:

  • BetUS – Best betting site overall for Preakness picks
  • Bovada -One of the best operators for Preakness picks and live betting
  • MyBookie -Great odds available for Preakness picks
  • BetOnline -Superb welcome bonus to use on Preakness Stakes picks
  • XBet – Can find good Preakness upset picks and good for depositing with cryptos
  • Sportsbetting.ag – Can claim high-value rebates
  • BUSR -Offers extensive Preakness tips
  • GT Bets –Fast payout with cryptocurrencies
  • Everygame – Has an extensive range of e-wallets to bet with
  • Betanysports – Good mobile app for betting on Preakness

The Top 5 Betting Sites for Preakness Stakes Picks Reviewed

We have provided mini reviews on the following 5 betting sites for the quality of their Preakness betting lines. Let’s see what makes them so special.

BetUS – Best betting site overall for Preakness Stakes

 

BetUS Preakness Stakes betting

BetUS is one of the most trusted and best offshore betting sites around when it comes to Preakness coverage. rounds out our top three Preakness Stakes betting sites. While it may not be as quick as some of its competitors when it comes to releasing odds, you will still have plenty of time to get your futures bets in and you can find some solid handicapper picks for the Preakness Stakes too.

Its odds on several horses are less attractive than BetOnline, but it does offer market-leading odds on a couple of runners. It is, therefore, worth checking out the fixed odds at BetUS before betting on the Preakness Stakes this year.

The racebook in many respects mirrors that of Bovada and BetOnline, and the wagering options are the same.

BetUS offers huge bonuses and you can earn up to $3,125 in bonuses by entering the BetUS promo code JOIN125 at the cashier.

Pros:

  • Has great selection of Preakness betting lines
  • Great for live betting
  • Trustworthy and recognizable site
  • App serves iOS and Android users

Cons:

  • Existing players won’t be able to reclaim a reload bonus

2. Bovada – One of the best operators for Preakness Stakes and live betting

Preakness Stakes Picks - Bovada welcome bonus

The Bovada sportsbook is another great option for anyone interested in betting on the Preakness Stakes before the day of the race. It has already released fixed-odds futures on the big race. It has a superb mobile betting platform, so you can bet in-play and see the odds change in real time.

When using Bovada, you can choose to deposit using either USD or cryptocurrency. By paying with Bitcoin or any other supported cryptocurrency, you can benefit from a higher-value welcome bonus as well as higher payment limits. This online racebook is very similar to BetOnline: clean, easy-to-navigate, with very quick crypto payouts and a trustworthy reputation.

While there is no free bet to speak of, Bovada also has an excellent HD-quality live streaming platform and bettors can make use of the 100% deposit match up to $1,000. All you have to do is enter the Bovada bonus code BVD100 and the wagering requirement is 5x for the horses.

Pros:

  • Live stream available
  • Competitive odds
  • Superb for mobile betting
  • Promos and bonuses are lucrative

Cons:

  • Players depositing with traditional payment options won’t receive as big a bonus as cryptocurrency users

3. MyBookie – Great odds available for Preakness Stakes

Expert Preakness Picks - MyBookie welcome bonus

MyBookie is another one of the best offshore sportsbooks. It especially stands out for live in-game betting, since you can place in-game wagers on virtually every sporting market. It has a dedicated blog throwing up all the latest news and tips to keep you in the know ahead of Preakness.

On top of that, MyBookie has one of the most helpful tools we’ve seen for building parlays which is useful for the Preakness, and it stands as one of the best offshore gambling sites. The only thing missing, is the built-in analysis to help you decide which bets are worth adding to a parlay, however, it does facilitate a wide range of betting tips.

MyBookie has several attractive bonus offers for new and returning players. New bettors can claim a $1,000 welcome bonus with MyBookie promo code MYB1000 (minimum odds -250). Returning players can also get a 25% bonus on account reloads, up to $500 per deposit.

Pros:

  • Can stream action in HD
  • Welcome bonus of up to $1,000
  • Mobile-friendly racebook
  • In-house blog with news and tips

Cons:

  • Could be quicker to provide futures odds

4. BetOnline – Superb welcome bonus

 

BetOnline Preakness Stakes betting

BetOnline is also one of the most versatile and sharpest sportsbooks in the US. It was also one of the first platforms to offer futures on Preakness Stakes. Whilst the line and exotic bets are still not out, you will be able to access them on this site before many others.

This is the second Preakness Stakes racebook on our list that has been operating in the US for over 25 years. Within this time, BetOnline has built a reputation for delivering a superb customer experience, including 24/7 support as well as swift payouts. It is also one of the best high limit sportsbooks in the country and the site can support Bitcoin deposits of up to $500k.

On the bonus side of things, new players will be rewarded with a 50% deposit match up to $1,000 and aside from using the BetOnline promo code BOL1000. you will have to meet the wagering requirements which have minimum odds of -200.

Pros:

  • Odds boosts for events
  • Very generous welcome bonus
  • Competitive odds across all thoroughbred horse races
  • The first US online sportsbook to offer Preakness Stakes futures odds

Cons:

  • BetOnline doesn’t have an Android or iOS app

5. XBet – Can find good Preakness upset picks and good for depositing with cryptos

Expert Preakness Picks - XBet Preakness odds

XBet is an outstanding horse race betting site that allows you to wager on both thoroughbred and harness races from all US tracks where you will find a wealth of Preakness Stakes free picks.

For even more attractive odds, check out XBet’s parlay builder, which includes an odds boost feature that enables you to pay for bigger potential payouts.

On the futures side of things, XBet released Preakness Stakes odds several days after BetOnline and Bovada, and so you will need to contact the team to request prices on other potential contenders.

XBet’s welcome bonus is small relative to other offshore online sportsbooks. New players can claim up to $500 with XBet promo code XB100 (minimum odds -250). Returning players can claim up to $250 per deposit with a 25% match. Notably, betting on horse racing will net you a 7% cash back rebate on every wager, so it is well worth signing up for XBet.

Pros:

  • Easy user interface for beginners
  • Horse racing rebates of up to 7%
  • Competitive futures odds
  • Can bet on the website or mobile apps

Cons:

  • Welcome bonus is quite small

Explaining Preakness Stakes Picks

Preakness Stakes picks provide detailed insights ahead of the big race and it gives bettors a clue as to how things might unfold. We have horse racing experts who will reveal who they think will win and who might place.

This is based on several factors, such as recent form, past performances in Triple Crown events, as well as the pedigree of the trainers.

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Finding Expert Preakness Picks

Although we consider ourselves to be experts when it comes to Preakness Stakes picks, we shouldn’t be your only source of information. Instead, you should surf the web and look for other authoritative sources.

This may include other sportsbooks as well as the official Preakness Stakes site, where you can find details about course information, the runners and riders as well as recent history.

Making Preakness Picks and Predictions

So, when it comes to finding good value Preakness picks, we suggest you adhere to the following 5 tips to get the most out of the race:

  • Look at Place & Show Bets – Due to the sheer quality of the field, sometimes it can be better to go with place bets as the Kentucky Derby saw the heavy favorite pipped on the line.
  • Claim a Bonus – You can tap into a generous bonus when betting on the Preakness, so make sure you don’t miss out.
  • Weigh up Expert Picks – Let the experts do the hard work for you and see what they are saying so you are in the know.
  • Fade the Public – Sometimes, the public can be suckered into bad bets, so go with your head and not your heart.
  • Shop around for the best odds – There are plenty of sportsbooks offering odds for the Preakness, so make sure you do your research beforehand to find the best odds.

Preakness Stakes Picks and Parlays

For any big meeting, parlays come into play and they can be very enticing. Essentially, it entails combining multiple legs into one betting slip.

With Preakness, you may have identified a few races that you wish to bet on and the payouts for parlays can be big, but you need all of the legs to be successful to return a winning slip.

Where to find out more about Preakness Picks

We have a library of resources on Preakness Stakes, so check out what our experts have to say:

  • Best Preakness Stakes betting sites – See what the best operators are to play at.
  • Preakness Stakes odds – Find out more about how odds work for Preakness
  • How to bet on the Preakness Stakes – A full guide to betting on this race
  • Best racebooks – You can use mobile apps to bet on horse racing
  • Parimutuel betting – Understand when pari-mutuel wagers are available
  • Pool betting – Read our guide to pool wagering
  • Virtual horse racing – Discover where horse betting is available

Best Sportsbook for Preakness Stakes Picks

Betting on Preakness Stakes is simple and fun when you use any of our recommended online racebooks. However, we have deemed BetUS to be the best betting site, as it offers early and competitive Preakness Stakes betting odds along with exclusive analysis.

By joining BetUS today, you can claim up to $3,125 in bonuses. This crypto welcome bonus is split, with 150% of it available for Preakness Stakes bets and 50% suitable for casino games. Enter promo code JOIN200 to activate it with your first deposit.

Preakness Stakes Picks FAQs

What time does the Preakness Stakes start?

How many horses will be competing in the Preakness?

Who is the favorite for the Preakness?

Which horse won the Kentucky Derby this year?

Who was the winning jockey at this year’s Kentucky Derby?

What horses will be running in the Preakness?

What are our picks for the Preakness 2024?

 

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