Legal Belmont Stakes Betting

The Belmont Stakes is one of the big three Triple Crown horse racing events that happen every year. Every year, the top racehorses face off to see who will take the reins. Odds for the Belmont Stakes can be found at legal horse racing betting sites and they are readily available. Players can wager on straight bets with who will win or wager on exotic bets like exacta and trifecta. Parimutuel betting is a major draw for horse racing betting fans and Belmont Stakes hosts an event full of action.

The Triple Crown events are a staple in horse racing and the Belmont Stakes is an event that horse racing betting fans do not want to miss. This is the last of the three big races so betting fans who missed out on the Kentucky Derby and Preakness Stakes, this is the last chance for the year to get in on Triple Crown betting. The Belmont Stakes will have odds posted at legal sports betting sites. No horse racing betting fan should miss out on this big event.

2021 Belmont Stakes Quick Facts

Date: Saturday, June 5, 2021

Post Time: 6:47 p.m. EDT

Purse: 1.5M 1st place: $800,000

Favorite: Essential Quality (+300)

Current Odds For The 2021 Belmont Stakes

Belmont StakesThe 2021 Belmont Stakes will kick things off on Saturday, June 5, and betting fans are already placing action. Essential Quality currently has the shortest Belmont odds to win the whole thing. The three-year-old colt is coming off of major wins in events like the Southwest Stakes and the Toyota Blue Grass Stakes. It’s understandable why betting fans are placing such heavy action on Essential Quality but other horses like Rombauer, who won the Preakness Stakes, aren’t out of the race. He has the second shortest odds, much better than the +1200 odds he had to win the Preakness.

Is It Legal To Bet On The Belmont Stakes?

Yes, it is indeed legal to bet on the Belmont Stakes. The Triple Crown event is one of the biggest betting events in the horse racing world. You will find no shortage of odds and betting lines surrounding the event, and thanks to international sportsbooks, you can get in on the action regardless of what state you are in. The Belmont Stakes is a perfect event for wagering as the betting pool will be massive. Since there are so many sports bettors taking action, the potential returns are going to be huge.

#1

Bovada Sportsbook

#1 For Belmont Stakes Betting

Bovada is home to some of the best odds for the Belmont Stakes. Betting fans will find odds for straight wagers as well as exotics. Bovada also hosts horse head-to-head matchups for the racers, pinning certain horses against one another to see who will place higher. How ever players wish to wager on this Triple Crown event, they will find betting lines at Bovada. Bovada is available in 46 states and Washington DC, meaning you can find action regardless of state regulations. The popular sportsbook is also home to big bonuses for Belmont Stakes betting fans. Bovada offers a 50% deposit match bonus for newcomers valued at up to $250 and an even larger horse betting promotion when using Bitcoin to deposit.

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How To Bet On The Belmont

Betting on the Belmont Stakes is simple enough. Any racebook worth their salt (like the ones that we suggest) lay out wager types and odds for even the newest of gamblers to understand. There are straight bets on the race of three different kinds; win, place, show. A straight bet for the win means you’re putting money on the winning horse. To gamble for the place category, the horse you chose has to finish in first or second place. For the show category, the horse you put your money on has to finish in first, second, or third place. Then there are exotic bets that are of both the vertical and horizontal kinds. These wagers are essentially parlays. Horizontal exotic bets have a bettor choose anywhere from two to six consecutive winners of races. Vertical exotic bets are a bit more difficult.

There are three categories; the straight exacta, the straight trifecta, and the straight superfecta. The straight exacta has a gambler pick the first and second place winners of a race. The straight trifecta has the bettor choose the first, second, and third place horses in the correct order from the results of the race to win. And the straight superfecta has the bettor pick the first four horses to finish the race in the correct order. When betting on the Belmont Stakes, it’s always a good idea to do your research on the horses. Find out the winners and placements of the previous Triple Crown races. Research is a horse race gambling enthusiast’s best friend, especially if you’re planning on taking on any parlay or exotic bets for the Belmont Stakes races.

Finding Longshots During The Belmont

There are various strategies for finding longshots for the Belmont Stakes. These strategies can be applied to any horse race though. Statistically speaking, only 33% of the time does the favorite listed by oddsmakers actually win the race. Key factors to look out for when looking for a longshot to wager on include the weather, because it will affect the track surface and some horses are better than others in mud than in dirt, whether a horse trains on dirt or turf can affect their performance, if a horse is a lone speed horse which means that they will take the lead in the beginning because they are fast but can’t maintain that speed for the entire race, and if the horse has recently dropped in class.

Top Five Longshot Belmont Stakes Winners In History

Horse: Sarava – Odds:  70.2-1 Year: 2002
Horse: Sherluck – Odds: 65-1 Year: 1961
Horse: Temperance Hill – Odds: 53.4-1 Year: 1980
Horse: Birdstone – Odds: 36-1 Year:  2004
Horse: Pass Catcher – Odds: 34.5-1 Year: 1971