Belmont Stakes Betting

2024 Belmont Stakes Betting: Odds, Tips and More

This is the moment where legends are forged; the champions’ final trial. Fans wait in anticipation as The Belmont Stakes closes the grand saga of the Triple Crown. The big day is on tap for June 8, 2024, three weeks post-Preakness Stakes and five after the Kentucky Derby.

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Belmont Stakes Race Information 

• Date of the Race: June 8, 2024

• Belmont Racing Festival: From Thursday, June 6, to Sunday, June 9.

• Location: The 2024 event is held at Saratoga Race Course, located at 267 Union Ave, Saratoga Springs, New York, 12866, USA.

• Distance: 1.25 miles (10 furlongs; 2,012 meters)

• Horse Types: Three-year-old thoroughbreds.

• Surface: Dirt track.

• Qualification: Spots in the Belmont Stakes are reserved for horses finishing in the top three of either the Kentucky Derby or Preakness Stakes, should they opt to run. Beyond these automatic qualifiers, entrants must be nominated for a field and pay a series of entry fees totaling over $30,000.

• Prize Purse: $2 million

• Tickets: Various seating and viewing options range from general admission to premium hospitality, box seats, and VIP experiences. Details and purchases are available through the official Belmont Stakes website.

• Attendance Information: Over 48,000 

• Previous Winners: Famous champions include Secretariat (1973), Seattle Slew (1977), and American Pharoah (2015), with each securing the Triple Crown.

What is the Belmont Stakes? 

Dubbed ‘The Run for the Carnations,’ the Belmont Stakes can crown the ultimate champion of horse racing. When a single horse wins both the Kentucky Derby and Preakness Stakes, Belmont Park explodes into a frenzy on race day. A chance at the Triple Crown has lured 23 hopefuls to New York, but only 11 have conquered the challenge. 

It all began in 1867, making the Belmont Stakes the oldest of the Triple Crown races. The name honors August Belmont, a financier who was deeply embedded in New York’s racing scene. From its first run at Jerome Park to memorable victories like Secretariat’s record-setting win in 1973, the occasion has attracted millions of horse racing fans to experience the finest three-year-olds compete. It has definitely seen its share of drama and dreams, with American Pharoah breaking a 37-year drought in 2015 and Sarava’s 70–1 odds upset in 2002, derailing War Emblem’s quest for history.

Why isn’t the Belmont Stakes 2024 Being Held at Belmont Park?

This event will move to Saratoga Race Course from Belmont Park due to ongoing construction aimed at modernizing the latter. This relocation, endorsed by Governor Kathy Hochul, allows the ongoing redevelopment to proceed without interruption, with the ambition of turning ‘The Championship Track’ into a state-of-the-art racing facility.

Saratoga Race Course is a titan of the turf in its own right. It stands as one of the most storied tracks in American horse racing history and is celebrated for hosting some of the sport’s most iconic moments, including Man o’ War’s shocking defeat in 1919 (his only one in 21 starts).

Belmont Stakes Odds & Post Position Draw  

The 2024 post-position draw is expected to be announced on Tuesday, June 4th; that’s plenty of time to study the latest Belmont Stakes odds and fine-tune your betting playbook. 

But why does the starting position influence how you bet on the Belmont Stakes online? Let’s dive into

Post positions can hold critical strategic implications for the competing three-year-old thoroughbreds. Inside ones can be a double-edged sword at Belmont; they offer a shorter route but increase the risk of getting hemmed in by the field in a contest where maintaining stamina is crucial. Middle stalls, by contrast, allow for more tactical flexibility, enabling jockeys to adapt their strategy based on the pace of the race and positioning of rivals. Outer gates pose the challenge of a wider trip yet afford horses unimpeded early runs and reduce the risk of traffic problems. These work better for participants with judicious energy management to sustain speed over the marathon distance.

How to Bet on the Belmont Stakes?

The basics of Belmont Stakes betting at BUSR start with our straight wagers — Win, Place, and Show. Here’s a quick overview:

• Win: Bet on the race winner. It’s straightforward and has higher payouts, but it demands accurate prediction. Most suitable when sensing a strong aura around a selection or spotting undervalued contenders poised for victory.

• Place: The horse must finish first or second. Odds would be slightly lower, yet it offers a better chance of winning.

• Show: Opting for a show bet means you’re betting on a horse to secure a spot anywhere within the top three finishes. This provides the widest safety net, suitable for betting on long shots.

Last year’s payouts (Win, Place, Show) were as follows:

• Win: Arcangelo; $17.80, $7.20, $4.90

• Place: Forte; N/A, $4.30, $3.30

• Show: Tapit Trice; N/A, N/A, $4.10

Exotic Bets

Exotic bets are the chess of wagering; they challenge bettors to go beyond single-race outcomes. Options include: 

• Exacta: Bettors must select the first and second-place horses in their exact finishing order. It’s a step up in both difficulty and potential payout from more straightforward bets.

• Trifecta: Similar to the exacta, but extends to selecting the top three horses in their correct finishing sequence. The trifecta is most attractive when you sense favorites being vulnerable. 

• Superfecta: Correctly identifying the first four finishers. This bet thrives on a detailed understanding of the race’s dynamics, blending favorites with potential surprises to craft a forecast that balances likely outcomes with the thrill of the unexpected.

• Boxed Bet: An exacta, trifecta, and superfecta bets can be made ‘boxed.’ This means the ticket will be a winner regardless of the chosen horses’ exact order. It’s an optimal choice when you’re confident in the horses’ potential but uncertain about their finishing sequence. 

• Daily Double: Choosing winners across two races. 

2023’s betting yielded the below payouts:

• Exacta: $34

• Trifecta: $133.24

• Superfecta (Angel of Empire): $190.15

• Superfecta (Hit Show): $292.50

Belmont Stakes History Records

As one of the most prestigious races in thoroughbred horse racing, This event has been the stage for numerous memorable records throughout its storied history. 

Speed Records

Secretariat’s legendary 1973 run, completing 1 1⁄2 miles in 2:24 flat, not only set the record for the event but also established the fastest fractions for the 1⁄2-, 3⁄4-, 1-, and 1 1⁄4-mile marks within Belmont history. Other notable performances include Man o’ War’s 2:14.20 over 1 3⁄8 miles in 1920 and Tiz the Law’s 1:46.53 at 1 1⁄8 miles in 2020.

Biggest Winning Margins

Secretariat’s 31-length win in 1973 leads as the biggest margin of victory, followed by Count Fleet’s 25 lengths in 1943 and Man o’ War’s 20 lengths in 1920. 

Individual Records

Both Jim McLaughlin and Eddie Arcaro boast six wins as jockeys, while James G. Rowe Sr. holds the record for the most wins by a trainer with eight. Belair Stud and James R. Keene share the honor of most wins by an owner, each having claimed victory six times.

Other Notable Moments

Julie Krone made history in 1993 as the first female jockey to win a Triple Crown race, while in 1984, Sarah Lundy became the first female trainer to saddle a horse for the Belmont Stakes. Furthermore, Jena M. Antonucci broke new ground in 2023 by becoming the first woman to train a winner of an American Triple Crown race with Arcangelo.

The Test of Champions has witnessed various records relating to participation and victory, including Braulio Baeza’s unique achievement of winning the Belmont Stakes on three different surfaces and George M. Odom and James G. Rowe Sr.’s distinctive wins as both jockey and trainer.

Interesting Facts

Horse color has its own place in Belmont lore, with bay ones traditionally leading in victories until gray contenders swept the top three positions in 2016. The winners’ lineage is also notable; fifteen Belmont Stakes champions sired at least one Belmont winner, led by Man o’ War’s three champion offspring.

The Best Horse Racing Betting Strategies

Rather than relying on chance with favorites or long shots, consider these tactics and insights to help shape your Belmont stakes betting patterns:

Stamina Dynamics 

Due to Saratoga’s track configuration, the 2024 Belmont Stakes will cover 1 ¼ miles, shorter than its traditional distance. This adjustment means that while stamina remains an essential factor, horses that have shown endurance in past races or have endurance-focused bloodlines might not enjoy as significant an advantage over the competition as they would in longer editions.

Recovery Route 

Pay close attention to horses that skipped the Preakness after running in the Kentucky Derby. Interestingly, 74% of winners from 1996 to 2023 did not participate in the Preakness Stakes. 

Undervalued Picks

Investigate the morning and real-time Belmont stakes betting odds to spot undervalued contenders. Leverage these findings by strategically incorporating these horses into both your straight bets and as key components in exotic wagering. 

Condition Check

Analyze how participants have performed on similar surfaces under varying conditions — dry, wet, or muddy.

Late Bloomer Advantage

Consider horses that have shown significant improvement or have matured later in the season. The timing of the Belmont Stakes can favor those that peak later, especially against early-season stars that may be waning.

Wheeling Winners

Utilize the “wheel” betting strategy in exotic wagers by selecting a horse (or horses) you feel confident will finish in a top position, then “wheel” them with a broader selection of picks for the remaining places. 

How to Bet on the Belmont Stakes

To place a bet on the Belmont Stakes at BUSR, simply:

1. Sign in to your BUSR account with the designated username and password.

2. Navigate to the horse racing section and search for ‘Belmont Stakes.’

3. Review the current Belmont Stakes odds presented for each horse competing.

4. Choose the betting format you prefer: 

   • For Straight bets, enter the amount you wish to wager on Win, Place, or Show options. 

   • For Exotic bets, set your bet amount and follow the instructions to make your picks.

5. Click on ‘ADD TO BET SLIP’. Your updated betting slip can be viewed on the right-hand side of a desktop or via a ‘Cart’ icon on a mobile device.

6. Double-check your betting slip to ensure your selections are correct.

7. Confirm your bet by clicking on ‘PLACE BET.’

8. You will receive a ticket number as confirmation of your submitted bet.

FAQs

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