How to Bet the Preakness Stakes 2024: Grab $1,000+ Bonuses from TwinSpires, FanDuel Racing, DRF

In honor of this year’s Preakness Stakes, three of the nation’s best racebooks are giving new customers four figures in bonus bets. Join TwinSpires, FanDuel Racing, and DRF to secure over $1,000 in bonuses while wagering on the second leg of the Triple Crown.

Sign up for TwinSpires here to activate a $400 sign-up bonus after placing qualifying cash wagers on the Preakness and more, win or lose. Meanwhile, customers who join FanDuel Racing here can place a “No Sweat Bet” on the Preakness worth up to $500. Finally, use this link to get a $200 matching bonus from DRF Bets following your first $200 deposit.

Here’s a look at the latest betting odds on Saturday’s race and how new customers can score over a thousand bucks in bonuses from TwinSpires, FanDuel Racing, and DRF.

Preakness Stakes Betting Odds

Eight horses will race at Pimlico for the 2024 Preakness Stakes. The headliner is Mystik Dan, who won the Kentucky Derby in a photo finish. Mystik Dan can become the first horse since Justify in 2018 to win the first two legs of the Triple Crown.

Here are the latest moneyline odds on Mystik Dan and the rest of the field at Pimlico (post number in parentheses):

• (5) Mystik Dan – 5/2
• (3) Catching Freedom – 6/1
• (9) Imagination – 6/1
• (8) Tuscan Gold – 8/1
• (6) Seize the Grey – 15/1
• (7) Just Steel – 15/1
• (1) Mugatu – 20/1
• (2) Uncle Heavy – 20/1

The fourth post is empty after Muth was scratched due to a fever earlier this week. Muth, who was trained by the legendary Bob Baffert, was the 8/5 moneyline favorite.

Register for TwinSpires, FanDuel Racing, and DRF

There are numerous ways to tackle the 149th running of the Preakness Stakes. Instead of settling for one racebook, score fantastic offers from three industry leaders before the race starts at 6:01 p.m. ET.

TwinSpires, which is owned and operated by Churchill Downs, has a special $400 sign-up offer for the Preakness. Use this link to activate the code SDS, then bet on the Preakness and other races within 30 days. TwinSpires will issue a $100 bonus for every $400 in cumulative wagers until you’ve received $400.

Regarding FanDuel Racing, new customers get a No Sweat Bet on today’s race worth up to $500. Sign up here, place your qualifying wager on any horse to win, and FanDuel will return your stake in bonus bets if you lose. Bettors who qualify for FanDuel Sportsbook here receive a $20 “No Sweat” Preakness bet following a no-brainer “Bet $5, Get $150” offer for any game.

Finally, DRF has a unique $200 bonus for first-time users. The Daily Racing Form’s online betting platform issues a $200 matching bonus after a first deposit of exactly $200 here. In addition, players receive ten free All Access PPs, which give a detailed account of a horse’s career by analyzing their past performance.

Additional Perks

New and existing customers can capitalize on many in-app benefits beyond the Preakness Stakes. For example, TwinSpires has 15% “Power Hour” profit boosts on select Win, Exacta, Trifecta, and Superfecta wagers and a $10 “Money Back” guaranteed on select international races. FanDuel offers “Win Bet Insurance” if your horse doesn’t win but finishes in second or third place, while DRF has “Preakness Cashback” worth up to $100.

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Russ Joy

Russ Joy is the host of The Russ Joy Show, Snow The Goalie: A Flyers Podcast and It's Just Wrestling Podcast. A graduate of West Chester University of PA and California University of PA, Russ is also a husband and father of four. Follow him on Twitter: @JoyOnBroad Email: russell.joy@xlmedia.com