Why bet on Horse racing Belmont Stakes & How to do it
The final race of the Triple Crown season takes place at Belmont Park in New York, as the Belmont Stakes takes place in early June. The race is once again one of the most popular horse races in the U.S. to bet on annually, as novices are attracted to make a wager. Below, you can find everything you need to know before making a horse racing Belmont Stakes wager.
Why Bet On The Belmont Stakes?
The Belmont Stakes is the culmination of the Triple Crown season in the U.S. and is often the final race where the year’s crop of three-year-olds compete against horses of the same age.
Following the Belmont Stakes, the majority of the best horses in training will then step into open age company, with the very best having their sights set on the Breeders’ Cup Classic at the end of the season.
Like the Kentucky Derby and Preakness Stakes, the Belmont Stakes is one of the most popular horse races of the year to make a wager on.
Due to its popularity and the fact that it is aired on national television, it is a race that captures the imagination of novice bettors as well as more experienced customers that wager on racing throughout the season.
The Belmont Stakes is considered to be the truest test of ‘champions’ in the three-year-old division and has often been one of the most viewed races in the calendar year.
That was evident in 2004, as a record 21.9 million viewers turned in to see if Smarty Jones could win the Triple Crown. However, he could only finish second to 36/1 outsider Birdstone.
What Is The Belmont Stakes?
The Belmont Stakes is annually run as the third leg of the Triple Crown, following the Kentucky Derby and Preakness Stakes. It is typically the biggest test that three-year-olds have faced in their short careers, as they compete over the Classic distance of 1 ½ miles for the first time in their career, which gives the race the nickname of the ‘Test of the Champion.’
The Belmont Stakes was first staged back in 1867, with the 2022 renewal being the 154th edition of the race. Legendary horses such as Secretariat and Man o’ War have risen to the test Belmont Park poses, with the previously mentioned legend remaining the record holder, having completed the final Triple Crown race in a time of 2:24.
Is Belmont Stakes Betting Legal?
Betting on the horse racing Belmont Stakes markets available online is legal in 39 states across the U.S. This has been the case since the passing of the Horse Racing Act of 1978. The passing of this law meant that bettors could watch and make wagers on racing action from across the U.S.
Further legislation was passed in 2000. This enabled bettors to make wagers over the phone or online, but this type of bet is determined by interstate wagering by the various states that allow bets to be made on horse racing.
Online Belmont Stakes Betting
One of the most exciting developments when it comes to betting on horse racing has come through the various online betting sites that are now available. The online sites ensure that bettors get a range of betting markets available at their fingertips and that all customers can simply find the selections they wish to make on races across the country.
Furthermore, online sites continue to offer more features that capture the imagination of bettors, including HD streaming of races throughout the season. This feature is often available once a qualifying bet has been made on a race.
As one of the season’s biggest races, a wide selection of Belmont Stakes betting markets are available. That includes the option to make ante-post selections for the race before final declarations are made.
This market ensures that bets can be made at the best possible odds as the horses involved wouldn’t yet be announced.
Furthermore, online sites also ensure that bettors have all the relevant information that they need before making a bet, including the trainer, jockey, and form stats.
How To Bet On The Belmont Stakes?
Millions of bettors around the world place stakes on the horse racing Belmont Stakes markets available online. Not all markets are straightforward for novices to understand, and they will need further information to feel confident to place a wager. You can find out more about some of the most popular Belmont Stakes betting markets that are available online here.
Like betting on any horse race throughout the year, the most popular betting market available is the winner selection. This is typically the most popular option available to newcomers, as it is the most straightforward to understand.
Bettors will make their selection at the odds offered on the site, and the returns will be awarded should the selection be a winner. For example, if you bet on Mo Donegal to win the Belmont Stakes at 2/1, then you would have won $30 from a $10 wager in the 2022 race.
One of the trickier betting markets to earn returns is the Exacta and Trifecta betting markets. In this market, you don’t need to just find the horse that will win the race but also the horse that will finish second and third.
In the Exacta market, the bettor will need to find the winner and the runner-up in the correct order, while the bettor must also correctly predict the horse to finish third in order to get returns in the Trifecta market. Reverse Exactas and Trifectas are also available online, and the bettor must simply predict the first two or three horses home in any order.
Place betting could also be a very popular betting market for the Belmont Stakes, as bettors will need to wager their money on a selection that will finish first or second. This market is typically one that bettors will use if they are looking at an outsider that could run well in the race.
Meanwhile, it is a market where many would avoid betting on the favorites, as returns from a place wager on a 2/1 shot would not be the most profitable.
Belmont Stakes Day isn’t all about the final Triple Crown race of the season, as there is a thrilling undercard that also features the G1 Metropolitan, G1 Manhattan, and G1 Just A Game.
Therefore, a multiple bet on the winners of each of the Grade 1s taking place could ensure involvement throughout the day. However, in order to get returns from this type of bet, all selections made must be winners.
Therefore, the odds will reflect the element of risk that comes with the bet.
How To Make A Bet On The Belmont Stakes
Bets can easily be placed on the Belmont Stakes with the leading sportsbooks online.
In order to place a bet on the action, you can follow the steps below to ensure that you correctly make your selection.
Select the odds of the horse that you wish to make a bet on
The selection will then appear in your bet-slip
You can then enter the stake that you wish to place on the selection
Once you are happy with the selection and stake, you can place your bet
Understanding Belmont Stakes Odds
One of the biggest factors to consider before making a bet on the Belmont Stakes is the odds. This will ultimately determine the returns that you get from your selection, which means that you will want to get the best possible price for your selection before making the wager. The odds can be formatted in several ways, including fractional and decimal layouts.
The most common in North America is the American layout, which will have either a ‘-‘ or ‘+’ next to the price available. Horses at ‘-‘ will be odds-on, while ‘+’ will be higher prices.
For example, if you place a bet on a horse at -600, you would only get $11.67 in returns from a $10 wager. Meanwhile, if the selection is +400, you could get $50 from the same stake.
Tips To Bet On The Belmont Stakes
Before making a wager on the Belmont Stakes, you will need to weigh the pros and cons of each selection in the race. That includes looking at a number of crucial factors that could help a horse’s chances of claiming victory in the third Triple Crown race. Some of the factors that you should consider, include:
Trainer/Jockey Strike Rate and Belmont Park record
Horse’s form, including stakes wins, experience over distance, and track form
Speed figures of horses involved in the Belmont Stakes
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Horse Racing Belmont Stakes FAQS
Bettors will be able to make wagers on the Belmont Stakes in the 39 states that allow online betting.
The Belmont Stakes was last held in 2022, with Mo Donegal holding off Nest to claim success. Kentucky Derby winner Rich Strike finished back in sixth.
The Triple Crown is achieved when a horse wins the Kentucky Derby, Belmont Stakes, and Preakness Stakes. Justify became the 13th horse to achieve that feat in 2018.
The win market is the most popular betting market to make a wager on the Belmont Stakes.
The Belmont Stakes takes place at Belmont Park on either the first or second Saturday in June. This comes five weeks after the Kentucky Derby and three weeks after the Preakness Stakes.