Best Betting Markets for the Belmont Stakes
The third and final Triple Crown race in the United States is approaching fast, as the attention will soon turn towards New York and the Belmont Stakes. It will be the most challenging of the races, run by this year’s crop of three-year-olds, as they will need to cover a distance of 1 ½ mile for the first time in their career.
Like the Preakness Stakes and the Kentucky Derby, betting on the Belmont Stakes is hugely popular across the world, and cases can be made for all the entrants that will be lining up. If you need a guide about this upcoming event on June 11th, take a look at this: twinspires.com/belmont-stakes/betting
So, what are the best-betting markets to utilize when making a wager on the Belmont Stakes this year?
Like any race on the horse racing calendar, the easiest one for all bettors to get involved in the action can be found in the win betting market. In this market, bettors will simply be placing their wager on the horse that they think will win the Belmont Stakes in 2022.
The odds will alter in the lead-up to the race, as money comes in from elsewhere for the horses involved. Once this bet is made, you will get the odds that you have wagered on. Therefore, if you place a $10 wager on Smile Happy to win the Belmont Stakes at 10/1, then you could stand to get $110 in returns if the three-year-old is successful.
Another extremely popular type of bet to place on the Belmont Stakes can be found in the form of place betting. Here, bettors will be encouraged to place their bet on an outsider in the field, as returns will be awarded should the selection finish in the top three in the Belmont Stakes this year.
This isn’t typically a market to be tempted by if you’re interested in short-priced selections, as the returns will be minimal. However, if you fancy the chances of Ethereal Road finishing in the money at 14/1, then the returns could be substantial should the D. Wayne Lukas-trained horse win the race.
Betting markets for the Belmont Stakes are already open, which means that bettors can already begin to place wagers on the race in New York. However, the ante-post comes with an element of risk, as the stake will be lost should the horse selected not line up in the race this year. But it remains an extremely popular betting market, as it is the best opportunity to get the best odds on the horses in the race.
For example, a horse like Messier may be 12/1 in the ante-post market but may shorten to 6/1 once they are declared to run at Belmont Park. Examining the pros and cons is essential before making a wager on the ante-post market, but it is often a very popular option for experienced bettors.
One of the most difficult wagers to get returns on when betting on horse racing can be found in the exacta and trifecta markets. In these markets, bettors must correctly predict the finishing order in the race. To get a winner in the exacta, bets must be correctly placed on the horses that will finish first and second.
Meanwhile, trifecta bets must be placed on the horses that finish first, second, and third. Returns on these bets can be huge depending on the selections made, but extensive research must be completed in order to achieve that target. Bettors must examine all entrants and their running styles, and try to determine how the race will be run and which horses they will favor.