The final jewel in horse racing’s Triple Crown, the 156th Belmont Stakes race, will be run on Saturday June 8, 2024. If you are learning how to bet on the Belmont Stakes or just starting to explore the wide world of betting on horse racing, the New York-based stakes race is the perfect opportunity to place your first bet.
Occurring after the Kentucky Derby and Preakness Stakes, the “Test of the Champion” is usually run at a distance of a mile and a half (12 furlongs). However, due to construction at Belmont Park, the race will be held at Saratoga Race Course instead, and the Belmont Stakes will be run at a distance of a mile and a quarter instead.
How Can I Place A Bet On The Belmont Stakes?
#1: Choose A Racebook
If you are wondering where you can bet on the Belmont Stakes, you first need to find a racebook — an online wagering site you go to in order to place a bet.
All of our Belmont Stakes betting sites are trustworthy, safe, secure and meet our criteria so they are perfect places for you to learn how to bet on the Belmont Stakes online. There are a number of places to bet online for the Belmont Stakes. Check out our horse racing sites page and select the racebook you like best!
#2: Register
Signing up is fast and easy. Enter your name, email, deposit info and birthday, and wait for a confirmation email or link. Have your deposit info close. As soon as the sign-up process is finalized, you’re able to make your first Belmont Stakes bet.
#3: Make Deposit
The next step in betting with real money at your preferred racebook is deciding on a deposit option. Almost every betting site will accept credit cards (Visa, MasterCard, AMEX), e-wallets (PayPal) and debit.
Several online sports betting sites will allow you to make deposits with cryptocurrency such as Bitcoin, Litecoin, Dash and Ethereum.
#4: Place Bet On Belmont Stakes
If you’re ready to figure out how to place a bet on the Belmont Stakes, first pick the track of Belmont Park in Elmont, New York. Then, pick the horse race number of the Belmont Stakes. Pick your horse and pick your bet type. Type in your dollar amount and submit your Belmont Stakes ticket. (For this year, you'd select Saratoga Race Course in Saratoga Springs, New York.)
Now that you’re on the final bend, decide on a listed racebook and bet on the Belmont Stakes!
How Do You Bet On Belmont Stakes Odds?
You can view 2024 Belmont Stakes betting odds at your sportsbook of choice. Odds on Belmont Stakes contenders will appear like this:
The horse with the lowest odds is favored to win the Belmont Stakes and the rest of the horses are underdogs at Belmont Park. Jerome Park Racetrack used to be the home of the Belmont Stakes from 1867 until 1889, and Morris Park racecourse was the site of the Belmont from 1890 through 1904.
If you think the favored horse, Sierra Leone, will win the Belmont Stakes and you wager $100 on that horse, you’d get a payout of $275. As you would receive your $100 back in addition to your winnings of $175.
Belmont Stakes History: Betting Odds And Winning Horses
*The 2020 Belmont Stakes was run at a shorter distance than all previous races.
**American Pharoah won the American Triple Crown and the Breeders’ Cup Classic in 2015. He was the 12th Triple Crown Sportsbook in history, and in winning all four races became the first horse to win the Grand Slam of thoroughbred racing.
How Can I Place A Bet On The Belmont Stakes?
If you’re looking for how to bet on the Belmont Stakes or all the different ways you can win, you’ve come to the right spot! Let’s take a look at some of the best Belmont Stakes betting options below, shall we?!
Straight Bet: Win, Place, Show
If you’re looking to bet on the Belmont Stakes, but you don’t know how to bet on the race, win, place, show is perfect for novice horse bettors. Win, Place and Show are common Belmont Stakes bets you can make on a horse to win or finish in the top three.
Win Betting
A win bet is a wager on a horse to finish first.
Place Betting
A place bet is a wager on a horse to finish first or second.
Show Betting
A show bet is a wager on a horse to finish in the money: third or better.
Across The Board
An across-the-board bet is a wager on a horse to win, place and show. If the horse wins, the bettor collects three ways (win, place and show). If the horse comes in second, the bettor collects two ways (place and show). And if the horse comes in third, the bettor collects one way (show), losing out on the win and place wagers.
The across-the-board bet is similar to a parlay bet in other sports. It’s essentially three bets combined on one big ticket. In parlay betting, you could wager on:
Belmont Stakes Horse Matchup Wagering
Instead of handicapping a field of 10 horses and picking a winner at the Belmont Stakes, matchups involve two horses in the field, with a moneyline that’s similar to what you’d find in other team sports.
You bet on the horse you think will finish ahead of the other. It does not matter if that horse wins the Belmont Stakes.
The Belmont Stakes Futures Bet
A Belmont Stakes futures wager is when bettors wager on their book of choice several weeks or even months in advance of the big event. Horseplayers can get their Belmont Stakes betting action down early, and at fixed and often generous odds.
There are no refunds on scratches when it comes to futures bets for the Belmont Stakes. You can tear up your ticket if the horse you bet on doesn’t make it to the big race.
Daily Double Wagering
A daily double bet is a wager where bettors pick the winning horse in two consecutive races.
Exacta Bets
An exacta bet, also known as a perfecta bet, is a wager in which bettors pick the top two finishers, in the exact order.
Trifecta Bets
A trifecta bet is a wager in which the first three finishers must be selected in exact order.
Pick 3, Pick 4 And Pick 6 Betting
Pick 3, Pick 4, Pick 6 betting is a type of multi-race bet. A Pick 3 bet means you have to pick the victor of three races in a row. A Pick 4 bet means you have to predict four successive winning horses, and a Pick 6 bet means you need to pick the winner of six consecutive races.
Quinella Wagering
A quinella bet is a wager in which the first two finishers must be picked in either order.
If you’re unsure of exactly how to bet on the Belmont Stakes for an exacta bet, a quinella is similar, but it doesn’t matter what order the two horses you pick come in. The payoff will be the same.