Bet Fast In These Betting Sites for Belmont Stakes
The third and final race of the Triple Crown, the Belmont Stakes is aptly named the âTest of the Championâ as it is the longest and most gruelling of the three jewels. Inaugurated in 1867, the Belmont Stakes takes place at the iconic Belmont Park also known as the fairest of racetracks. Like the two races before it, the Belmont Stakes is one of the most sought-after in terms of online betting.
Letâs look at the Belmont Stakes betting overview, which contains:
As the third and final leg of the Triple Crown, the Belmont Stakes can become the most memorable of the three if not just for recency bias. It may trail the Kentucky Derby and Preakness Stakes in terms of popularity, but when a horse like American Pharaoh or Secretariat is going for it, it can easily become the most electric.
Funds are at an all-time high flowing through Belmont Stakes betting sites with 2019 generating a record handle for a non-Triple Crown year at over $100 million, which is around where Preakness Stakes was.
With betting becoming even more popular, sports betting is a booming business, which means oddsmaking will become craftier. It wonât be easy to go against the bookies. But you can still profit if you know how to play your cards, so to speak.
Understanding the Belmont Stakes, its history, and how its betting odds work is half the battle. With horse racing, choosing the winner is a no-brainer. Sometimes it is a foregone conclusion and sometimes itâs a bit more wide open.
But there will always be favorites, Belmont Stakes betting sites believe have the best chance of winning, and underdogs, those who are less likely to win.
By converting betting odds to implied probability, you can find what the bookies think of each horseâs chance. But what do you think? At times there is a disparity between what bookmakers believe will happen and what will happen, hence upsets.
You can learn more about this by getting into the Belmont Stakes. Read up and do some research. And this includes comparing the top online sportsbooks that offer the odds.
With betting, there are only winners and losers. Although upon closer inspection, the difference between winning and losing can be as little as a fraction and may not be worth the risk.
In this case, letâs look at a betting scenario between a heavy favourite and a longshot. Letâs call these hypothetical horses King Rule and Black Dog.
King Rule is the significant favourite at odds of 1.50 meaning you will only see a $5 return on a $10 bet. On the flipside, Black Dog is one of the biggest underdogs at 50.00 meaning a $10 bet will yield a $500 return.
Our favorite is on the path to a Triple Crown and has won the last two races by at least four lengths. His odds have quickly dropped as chalk players looking for an âeasy paydayâ bet him heavily. Heâs the foregone winner and theyâre more than happy to make pennies out of a dollar. Meanwhile, Black Dog sits steadily at 50-1 odds making no headlines at all.
The race starts and while King Rule has a solid start, he starts to falter in the middle. Black Dog, who had a slow start is beginning to catch up. All of a sudden, with just a quarter of the race left, both King Rule and Black Dog are neck-and-neck.
The big money chalkers are all sweating bullets while the handful of casuals who bet Black Dog on a whim are ecstatic. This is a historic upset in the making.
Alas, King Rule manages to edge out Black Dog and win the race. He becomes a Triple Crown winner. Chalkers breathed a heavy sigh of relief while those who bet Black Dog still couldnât help but smile feeling theyâve won.
While itâs true that the favourite did win, the amount of stress it took to cash almost made that bet not worth it while the underdog gleefully teased its bettors. Not all winners (and losers) are made the same. Be smart when betting. There is no such thing as a âsure winner.â
The Belmont Stakesâ betting outlook can look a bit different depending on the hype heading in. If there is a horse going for the Triple Crown, expect there to be a bit more betting markets available. But if there is no bid for a Triple Crown, this might look a bit different. Either way, the Belmont Stakes will always be a major attraction and will constantly offer plenty of betting.
For those horse racing fans that aim to bet on the Belmont Stakes online, we have a range of great betting markets to explore. We aim to highlight the various ways to enjoy betting on the Belmont Stakes, as well as explore previous years’ races. Stay tuned for more in our Belmont Stakes betting guide.
Here it is, the betting odds that matters most: pick the outright winner of the Belmont Stakes. Itâs straightforward and most of the work for newbies is deciphering what odds mean. So this is what they mean:
Since the Belmont Stakes, like most horse races, award the top three finishers, betting odds are also widely available for these.
These odds manifest per horse: you get to choose which position the horse will finish in. It may appear like this:
Picking âtop 2â or “Place” indicates the horse will finish second place or first place and âtop 3â or “Show” is a third place or better finish. The payout is adjusted on the proximity of the bets. Since finishing in the top 3 is a less risky bet than a top 2 or outright win, it pays less. But the odds of cashing the bet is also higher.
Depending on the Belmont Stakes betting sites and situations, you can also bet on the horse to finish in a specific position within the top 3 or not at all. The payout will be significantly higher as predicting an exact finish (other than first place) is incredibly difficult outside of heavy favorites.
Belmont Stakes betting sites also offer several prop bets. These are wagers made on a specific condition happening or not happening. Think of it as the sports betting manifestation of this question: âbet you this will happenâ or âbet you this wonât happen.â
This is when you can let loose and have a bit of fun as many of these can be arbitrary or unconventional in nature.
Here are some examples of popular prop bets at the Belmont Stakes:
Usually, these prop bets are simply a selection between either/or although odds are not always 50/50 (such as breaking Secretariatâs record).
In terms of the over/under, one of the more popular prop bets, you bet whether the winning time will go over (higher) or under (lower) than the bookieâs predicted time. If the oddsmaker sets the winning time at 2:21:33, you bet whether the winner will have a shorter (under) or longer (over) time.
When it comes to betting props, take it slower and donât bet as much. The betting limits tend to not be that high anyway.
While they appear trivial, you can still make a tidy profit here by doing some deep digging. Find past betting results on some frequently opened props or look into the history of the Belmont Stakes to find any trends the oddsmakers may have missed or miscalculated.
You never know what youâll find when you look hard enough.
Itâs never more apparent that bettors are either lottery gunning for a major upset or chalking, betting heavily on favourites, than the Belmont Stakes. As the third and final leg of the Triple Crown, itâs fairly common â once every four year average â that there is a horse gunning for the legendary title.
When it is one of those cases, you can either side with this future Hall of Famer or go against it. Do some research first. Start with what the success rate of horses going for a Triple Crown are? Do they usually succeed or not?
The oddsmakers have that calculated already. The key is to determine if they calculated correctly or they may have miscalculated a bit. Wait a while as the betting public will tend to lean on one side.
Also, depending on what side youâre taking, itâs better to either wait or bet immediately. For favourites, it may be better to bet as early as you can before the public bet a line to the point it becomes unprofitable. But for underdogs, especially big underdogs, there shouldnât be any rush betting.
In the event there will be no Triple Crown and itâs almost an even playing field, it can be a crapshoot. Look at the odds and see if itâs viable to bet on more than one horse. Set a betting budget and shop around for the best betting odds.
Like its two counterparts, Belmont Stakes odds are available all year round and is usually reliant on both the Preakness Stakes and the Kentucky Derby in terms of how it is lined. Naturally, Belmont Stakes betting sites use both of these races as a barometer for the contestants.
Odds are traditionally released early, even right after the most recent Belmont Stakes has just finished. Though these odds would be vague and may be taken off the board or changed within a few days or weeks. Betting on these odds, known as âFuturesâ, would mean tying up your money for a while and only has small limits.
The Belmont Stakes is usually a place where history happens: we either see a Triple Crown winner or a monumental upset. As such, there have been more big money winners here than its two predecessors.
Since its inception in 1867, over 150 years ago, the Belmont Stakes has seen its fair share of records and record breaking. It is notable among the three jewels as having seen the biggest and most frequent upsets by betting odds.
This may be due to Belmont Park having the longest track and being the third race where favourites may be worn down. Belmont Park is 1 mile and 1/2 long (11 furlongs or 2,414 meters) on a dirt track.It is the longest of the three Triple Crown races. Qualified colts and geldings weigh 126 lbs (57.2 kilos) while fillies are 121 lbs (55 kilos).
The total purse is usually $1.5 million with $800,000 going to the first-placed winner.
Here are some Belmont Stakesâs notable records:
Our take-aways
Use multiple sportsbooks and bet the best betting odds
Opening accounts in multiple sportsbooks has a bevy of benefits. Firstly, you can take advantage of multiple sign-up offers. Next, youâll be able to shop for better betting odds. Different books have different odds and some have props that others donât. When it comes to the Belmont Stakes, some books are better and youâll only know by comparing each one.
Weigh the risks of betting favorites or underdogs
When it comes to the Belmont Stakes, sometimes you either side with the majority betting on the favourite or you go rogue and stick up for an underdog. Your odds of winning may be higher by betting the favourite but the risk and the payout may not even worth it. Betting on underdogs is always risky, but it can set you good for the next ten horse races if you nail it.
The most difficult of the three jewels
Itâs named âTest of the Championâ for a reason. The Belmont Stakes is the longest of the three races and many horses, including the favourites, can be worn down from all of the training from the previous five weeks. When the favourite falters, itâs anyoneâs race to win making it a rich day for underdogs.
The 2022 Belmont Stakes will be run Saturday, June 11.
The Belmont Stakes is run at Belmont Park in Elmont, New York.
Yes! NBC will televise the Belmont Stakes, and it will be live both on television and on the NBC Sports app.
Favored Essential Quality won the 2021 Belmont Stakes.
Up to fourteen of the best three-year-olds in the country run in the Belmont Stakes. The race is always an excellent betting opportunity because of the quality of the field, and because all of the horses are trying a mile and a half for the first time ever.
In normal years, up to 120,000 people attend the Belmont Stakes. However, with COVID-19 safety precautions still in place, only 11,000 fans will be allowed to attend the Belmont in 2021.
The winner of the Belmont Stakes is awarded $800,000 out of the $1.5 million purse.
The Belmont Stakes is traditionally the last of the three Triple Crown races. The Kentucky Derby and the Preakness Stakes are the other two Triple Crown races.
The Belmont Stakes is 1 1/2 miles long. It is the longest of the three Triple Crown races. Though it was run at only 1 1/8 miles in 2020 due to COVID-19-related scheduling changes, it is back to its traditional distance in 2021.
The 2022 Belmont Stakes favorite will not be known until closer to the race date. However, likely candidates include Mo Donegal and We The People.
Yes! You can bet the Belmont Stakes from the comfort and safety of your own home on any internet-connected device such as a desktop computer, laptop computer, tablet, or smartphone.
Depending on what your favorite online sportsbook offers, you can bet the race from the sportsbook’s website, or you can download a betting application to play the races.
Choosing the right sportsbook for betting the Belmont Stakes can be difficult, since there are so many different ones out there that offer so many different interfaces, bonuses, and features.
Our expert sportsbook reviews take the guesswork out of finding the best place to bet the Belmont Stakes. Our experts have reviewed the best online sportsbooks. Their reviews can help you find a trusted sportsbook that has the best offers and bonuses for the bets you like to make.
Yes! Sportsbooks offer a range of incentives including deposit bonuses and horse racing rebates for betting the Belmont Stakes.
Rebates vary by website, but typically range between 7% and 15% of daily betting volume, paid out every day whether you win or lose your wagers.
Unfortunately, most sportsbooks do not yet offer live streaming of the Belmont Stakes, even though bettors are requesting it. It is worth checking with your preferred sportsbook closer to the day of the race to find out whether they have arranged a streaming agreement.
Fortunately, you can still watch the Belmont Stakes live on NBC no matter what, using either your television or your smartphone.
Sportsbooks offer a full range of Belmont Stakes wagers including simple win wagers, exotic wagers, prop bets, and head-to-head bets. Take the time to explore what wagers are available, and choose one that you can play confidently, and that balances risk and reward well based on how you see the race.
Common horse racing wagers include the following:
Win
Place
Show
Exacta
Trifecta
Superfecta
Double
Pick 3
Pick 4
Different sportsbooks offer different odds on the Belmont Stakes, based on how their customers are betting the race and based on other important betting markets.
This is why it is important to read betting guides, expert analysis and news, as well as compare the odds on multiple sportsbooks. This can help you find the best Belmont Stakes odds.