2024 Preakness Stakes Longshots: Just Steel & Seize the Grey Offer Value

The Preakness Stakes, the second jewel of the Triple Crown, is not just about the favorites. Often, it’s the longshots that capture the imagination and offer the best value for bettors. After Muth was forced to scratch after spiking a fever, your favorite is now Kentucky Derby Champ Mystik Dan.

This year, two horses stand out as intriguing longshot bets: Just Steel and Seize the Grey. In this article, we’ll delve into why these two contenders could surprise everyone at Pimlico Race Course.

The Appeal of Longshots

Longshots in horse racing are those horses that have higher odds, indicating a lower probability of winning, according to the bookmakers. However, the beauty of horse racing lies in its unpredictability. Longshots can and do win, offering substantial returns for those willing to take the risk.

Just Steel: The Underdog with Potential at the Preakness Stakes

Kentucky Derby contender Just Steel on the track for a workout Thursday morning at Churchill Downs April 25, 2024 in Louisville, Ky. Trainer for Just Steel is D. Wayne Lukas. It's Lukas' first Derby since 2018. He's won four Kentucky Derbys, six Preakness Stakes and four Belmont Stakes.
Kentucky Derby contender Just Steel on the track for a workout Thursday morning at Churchill Downs April 25, 2024 in Louisville, Ky. Trainer for Just Steel is D. Wayne Lukas. It’s Lukas’ first Derby since 2018. He’s won four Kentucky Derbys, six Preakness Stakes and four Belmont Stakes.

Track Record and Performance: Just Steel may not have the most impressive record compared to the favorites, but this horse has shown flashes of brilliance. With a few strong finishes in smaller stakes races, Just Steel has demonstrated the ability to compete at a high level.

Training and Preparation: Trained by a living legend and seasoned professional known for getting the best out of underdogs, Just Steel has been meticulously prepared for the Preakness Stakes. The training regimen has focused on building stamina and speed, crucial for the challenging Pimlico track.

Seize the Grey: The Dark Horse

Seize the Grey, a longshot at the Preakness Stakes.
May 17, 2024; Baltimore, Maryland, USA; Seize The Grey during morning workout at Pimlico Race Course. Mandatory Credit: Mitch Stringer-USA TODAY Sports

Recent Form: Seize the Grey has been flying under the radar but has shown consistent improvement in recent races. A few strong finishes and a notable win in a preparatory race have put this horse on the map as a potential sleeper.

Jockey and Trainer: The combination of an experienced jockey and a strategic trainer makes Seize the Grey a compelling longshot. Jaime Torres had a terrific ride in the Pat Day Mile on Seize the Grey and can certainly do it again here at Pimlico

Why Longshots Offer Value

Higher Payouts: Betting on longshots like Just Steel and Seize the Grey can yield significant returns. Even a small wager can result in a substantial payout if the horse wins or places.

Diversification: Including some bigger prices in your betting strategy can diversify your risk. While favorites are more likely to win, longshots can provide a balanced approach, especially in a field as unpredictable as the Preakness Stakes.

Excitement and Engagement: Rooting for a underdog adds an extra layer of excitement to the race. The thrill of seeing an underdog defy the odds and come out on top is unparalleled.

Betting Tips for Longshots

Do Your Research: Look into the horse’s past performances, training regimen, and pedigree. Understanding these factors can give you insights into the horse’s potential.

Watch the Odds: Keep an eye on how the odds change leading up to the race. Significant shifts can indicate insider knowledge or changing perceptions about a horse’s chances.

Consider Exotic Bets: Exotic bets like exactas, trifectas, and superfectas can offer higher payouts and allow you to include longshots in your betting strategy without relying solely on them to win.

Conclusion

The Preakness is a race where anything can happen, and longshots like Just Steel and Seize the Grey offer intriguing value. With the right combination of skill, strategy, and a bit of luck, these underdogs could very well steal the show at Pimlico. Whether you’re a seasoned bettor or a casual fan, keeping an eye on these longshots could make this year’s Preakness even more exciting.

Call to Action

Who are your picks for this year’s Preakness? Are you betting on the favorites, or do you see value in the longshots like Just Steel and Seize the Grey? Share your thoughts and betting strategies in the comments below, and stay tuned for more insights and updates as race day approaches.

All Bleacher Nation betting content is curated in partnership with our expert friends at Better Collective. This means you'll get the best of both worlds: insightful analysis from the Bleacher Nation writers you love, combined with the betting expertise of Better Collective.

written by

Andy has been involved in sports betting on and off his entire adult life and has been creating content surrounding it for the past five years. While the NFL is his first love, he also bets hundreds of college basketball games every winter and loves sweating golf DFS during the football offseason.

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