Key Betting Markets to Explore for the 2023 Belmont Stakes Event

The Belmont Stakes, the last leg of the 2023 Triple Crown, is coming up fast, set to take place on Saturday, June 10. Belmont Park in New York will host this highly strategic Grade 1 race for three-year-olds, spanning a challenging 1 ½ miles.

This year's race promises a thrilling competition, with notable horses like Preakness champion National Treasure and Kentucky Derby winner Mage expected to contend at the Belmont Stakes.

For a step-by-step guide on wagering on this decisive Triple Crown race, check out: https://www.twinspires.com/belmont-stakes/betting

So, what are some top betting options you might consider for wagering on the Belmont Stakes?

Win Betting

The Belmont Stakes typically sees fewer horses running compared to other Triple Crown races, which might make it slightly easier to pick the future winner.

Most bettors gravitate towards the win market, placing their bets on the horse they believe will triumph in the Belmont Stakes. If they choose correctly, they reap the rewards; otherwise, the stake is lost when the horse fails to clinch the Triple Crown finale.

Place Betting

As previously highlighted, the field for the Belmont Stakes is less crowded than other Triple Crown races, yet place betting it still holds vast appeal, especially if you have a hunch about a dark horse delivering a standout performance.

To profit from place bets, your wager must be on a horse finishing in the top two spots. Betting on a horse to show is also an option at the Belmont Stakes, though it's less favored due to the limited returns when picking a top-three finish in a small field.

Exacta/Trifecta Betting

Experienced bettors find delight in the Exacta and Trifecta markets. An Exacta bet means you predict the top two horses in perfect order.

Conversely, a Trifecta raises the stakes, as you must also foresee the third-place finisher. To increase chances, bettors can place multiple horses in a box, and as long as those horses finish in the specified spots, the bet is a winner.

Length Betting

Another favorite among seasoned bettors is predicting the winning margin. Succeeding here requires deep analysis of the race's speed dynamics and horse capabilities.

Not only must you pinpoint how much the winner will outrun the competition by, but you'll also have to name your champion for the Belmont Stakes.

Likely Belmont Stakes Contenders

We'll know the final lineup for the Belmont Stakes by June 4, but expect many of the nation's top three-year-olds to vie for the title this year. National Treasure, Bob Baffert’s Preakness victor, and possibly his stablemate Arabian Lion, are strong contenders.

Todd Pletcher’s Breeders’ Cup Juvenile star Forte missed the Kentucky Derby but might grace the Belmont Stakes. If Forte joins the race, expect him to be the favorite. Other notable names from this year's Triple Crown journey that could appear in New York include Steve Asmussen’s Red Route One, along with Pletcher's Tapit Trice and Kingsbarns.