How to bet the Belmont Stakes: What to know about betting the final leg of the Triple Crown

The final leg of the horse-racing Triple Crown takes place on Saturday. There is no anticipation of a Triple Crown, as that dream died once Kentucky Derby winner Sovereignty was held out of the Preakness. In addition, the race will take place in upstate New York rather than Belmont Park on Long Island.

Despite all of that, we still get a head-to-head matchup of the Kentucky Derby winner, Sovereignty, and the Preakness Stakes winner, Journalism. Journalism is a slight favorite to win the Belmont Stakes. In addition, Saratoga is still a historic racing venue.

Betting on horse racing is very different from betting on other sports.

Betting on horse racing

is legal in a bunch of states where it isn’t legal to bet on sports. In addition, different apps are used to place bets.

Let’s go through the different ways to bet on the Belmont Stakes and all the information you need to know ahead of the race.

Belmont Stakes odds

Here are the morning line odds for the Belmont Stakes. Odds are subject to change as we get closer to post time.

Post	Horse	Odds
1	Hill Road	10-to-1
2	Sovereignty	2-to-1
3	Rodriguez	6-to-1
4	Uncaged	30-to-1
5	Crudo	15-to-1
6	Baeza	4-to-1
7	Journalism	8-to-5
8	Heart of Honor	30-to-1

Best Belmont Stakes betting apps

Oregon is one of the 40 states where horse racing betting is legal. This narrowly edges out sports betting, which is legal in only 38 states. Horse race betting is not legal in Alaska, Georgia, Hawaii, Mississippi, Missouri, Nevada, North Carolina, South Carolina, and Utah. Texas only allows in-person betting on horse racing.

One of the main things to know about betting on the Belmont Stakes and other horse races is that you will likely need to use a different app than your traditional sports betting app.

Most sports betting apps have separate horse racing apps. For example, you can’t place a horse racing bet with FanDuel Sportsbook, but you can place a bet

with FanDuel Racing

. Other sportsbooks such as DraftKings, Caesars and BetMGM have their own horse betting apps. There are other companies such as TwinSpires that focus only on racing.

The following table summarizes the best Preakness Stakes betting apps and the states where they are available.

Horse racing betting app	Available states
FanDuel Racing	AZ, AR, CA, CO, CT, DE, FL, IA, ID, IL, IN, KY, LA, MA, MD, MI, MN, MT, ND, NH, NM,, NY, OH, OR, PA, RI, SD, VA, WA, WV, WY
AmWager	AL, CA, CO, CT, DE, FL, IA, ID, IL, IN, KS, KY, LA, MA, MT, ND, NE, NH, NM, NY, OH, OK, OR, PA, RI, SD, TN, VT, WI, WV, WY
BetMGM Horse Racing	FL, LA, OH
Bet365	AL, AR, CA, CO, CT, DE, FL, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MT, ND, NE, NH, NM, NY, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY
Caesars Racebook	CA, CO, CT, FL, IL, IN, KY, LA, MA, MD, MN, MT, ND, NY, OH, OR, PA, WA, WV, WY
DK Horse	CA, CO, FL, IA, IL, IN, KY, LA, MA, MD, ME, MN, MT, NY, OH, OR, PA, VA, WA, WV, WY
DRF Bets	AL, AR, AZ, CA, CO, CT, DE, FL, IA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MT, ND, NE, NH, NM, NY, OH, OK, OR, PA, RI, SD, TN, VA, VT, WA, WI, WV, WY
Hollywood Races	AL, AR, CO, DE, FL, KY, IN, LA, MA, MD, ME, MN, MT, ND, NH, NY, OH, OR, PA, RI, VT, WI, WV, WY
Iron Bets Racing	AL, CO, CT, DE, FL, ID, IL, IN, KS, KY, LA, MA, MN, MT, NE, NH, NM, ND, OH, OK, OR, RI, SD, TN, VT, WA, WV, WI, WY
NYRA Bets	AL, AR, CA, CO, CT, DE, FL, IA, ID, IL, IN, KS, KY, LA, MD, MA, MI, MN, MT, NE, NH, NM, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY
OffTrackBetting	AL, CO, CT, DE, FL, ID, IN, IL, KS, KY, MD, MA, MN, MT, NE, NH, NM, NY, ND, OH, OK, OR, RI, SD, TN, VT, WA, WV, WI, WY
TVG	CA, IA, IL, MD, MA, MN, NM, NY, PA, VA, NJ (4NJBets in NJ)
TwinSpires	AL, AZ, AR, CA, CO, CT, DE, FL, IA, ID, IL, IN, KS, KY, LA, MD, MA, MI, MN, MT, NE, NM, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY
WatchandWager	CA, CO, DE, FL, KS, KY, LA, MD, MA, NH, NM, NY, ND, OH, OK, RI, SD, TN, UT, WA, WV, WI, WY
Xpressbet	AL, AZ, AR, CO, CT, DE, FL, IA, ID, IL, IN, KS, KY, LA, ME, MD, MA, MI, MN, MT, NE, NH, NM, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY
1/ST Bet	AL, AZ, AR, CO, CT, DE, FL, IA, ID, IL, IN, KS, KY, LA, ME, MD, MA, MI, MN, MT, NE, NH, NM, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY

How to bet on the Belmont Stakes

Not only will you likely need to download another app to place a bet on the Belmont Stakes, you’ll need to familiarize yourself with the different markets and bet types available.

Straight Bets

There are three types of straight bets you should be aware of before placing a bet.

Pick a horse to win the race.

Pick a horse to finish top-2 in the race. Better chance than simply picking a winner, so payouts are lesser.

Pick a horse to finish top-3 in the race. The worst payout of the three because you have a higher chance of winning.

Exotic Bets

If you’re looking for a bigger payout, you should probably look towards the exotic bets. These are more confusing to understand, much harder to win, but can sometimes pay out five figures off a bet made with pocket change.

Pick the top two finishing horses in a race, in the exact correct order.

Pick the top three finishing horses in a select race, in the correct order.

Identify the top four finishing horses in a race, in the exact order.

If you’d like to improve your odds of winning an exotic bet, you can look into these options:

By boxing an exotic bet, you remove the “exact order” qualifier in the above definitions. If you box your bet, you will win your superfecta if you correctly identify the top four finishing horses, no matter the order they finish. Adding a box to your bets does increase the amount you need to stake.

Similar to a box bet, but a little more detailed. When keying an exotic bet, you are picking a winner and then the other horses in your bet can finish in any order. The only order of finish you care about is which horse you predicted to win the race.

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