Belmont Stakes Betting - Betting on the 2012 Belmont Stakes

Sports Betting

 

Belmont Stakes betting

The Belmont Stakes is the third and final race of the Triple Crown. The hype around this race can be incredible, especially if one horse has already won both the Kentucky Derby, and the Preakness Stakes. The Belmont Stakes takes place five weeks after the Kentucky Derby, and three weeks after the Preakness Stakes, and is run every year in the month of June. This 1.5 mile race is run at Belmont Park in Elmont, New York, and is one of the most bet on horse races out there today. Let's take a look at some of the most popular types of Belmont Stakes betting options offered.

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» Win

This bet is as straight forward as it gets. You are simply betting on one horse to win the race. The odds on each horse will vary depending on how well they have done as of late, and how well they are projected to run the race. This is considered by most to be the most common type of Belmont Stakes bet placed. In this bet if you were to place a $5 bet on a horse who is 5 to 1, you would get $25 if your horse won.

» Place

Betting on a horse to place, just means that you are selecting one horse to finish in the top two. The odds won't pay out as well as the win bet, but this bet is definitely an easier bet to win. If you have a fairly strong favorite, their chances of finishing top two are a good amount better than finishing in first. Using the example above, the odds on a place bet would be somewhere around 2 to 1 or 3 to 1, meaning that if you bet $5, you would either win $10 or $15 on your bet.

» Show

Betting on a horse to show simply means that the horse must finish in the top three for you to win the bet. This bet will not pay nearly as well as either of the two bets above it, but could be a nice bet to make if you have a strong feeling about a horse being a top finisher. It can be very tough to bet on which horse will win the race, but quite a bit easier to bet on a horse to finish in the top three. Odds on this type of bet will vary quite a bit depend on each specific horse.

» Exacta

An Exacta bet is one of the more popular betting options, with an excellent payout. The reason the payout is so good on this bet, is because it is very hard to hit. You have to select two horses, and you have to decide which order they will finish in the top two. In order to win this bet, you have to get both of the final positions exactly right. You can also "Box" these two horses, which would allow you to have those two horses finish in ANY order as long as they finish at the top. In order to "Box" the bet, if you bet $5, it would be another $5 on top.