Betting on Belmont Stakes 2024: Everything You Need To Know

Photo by Mathew Schwartz on Unsplash

Betting on Belmont Stakes 2024: Everything You Need To Know
The Belmont Stakes, the final leg of the Triple Crown, is always an exhilarating event for horse racing enthusiasts. The 2024 Belmont Stakes, scheduled for June 8 at Saratoga Race Course, promises to be a unique edition with several changes and new contenders. Here's everything you need to know to place informed bets on this prestigious race. 

Introduction to Belmont Stakes 2024

This year, Belmont Stakes is being run at Saratoga Race Course. It is usually held at Belmont Park but has been moved due to renovations at its usual venue. This year marks the 156th running of the race, which will cover a distance of 1-1/4 miles (10 furlongs). The shift in location and distance adds an extra layer of intrigue for bettors, as the traditional “long-distance horses” aren’t as much of an emphasis this year. With a field of ten promising horses, including the favourite Sierra Leone, understanding the nuances of this race will enhance your betting strategy.

Key Contenders:

There are three key contenders you should consider according to the Belmont Stakes current available bets

Sierra Leone:

Sierra Leone, the 9-5 morning line favourite, is trained by Chad C. Brown and ridden by Flavien Prat. With an impressive track record and strong performance in previous races, Sierra Leone is expected to be a formidable competitor. At the Kentucky Derby, the horse finished second by a nose, and this track provides the same distance as Churchill Downs. Bettors should closely monitor this horse's odds and consider its consistency and training background. 


Mindframe, another strong contender, trained by Todd A. Pletcher and ridden by Irad Ortiz Jr., has been given 7-2 odds. Pletcher's reputation for preparing horses for big races combined with Ortiz Jr.'s skillful riding makes Mindframe a horse to watch. Analyzing its past performances and training regimen can provide valuable insights for bettors.

Mystik Dan:

Mystik Dan, trained by Kenneth G. McPeek and ridden by Brian Hernandez Jr., also presents a strong case with 5-1 odds. He narrowly beat Sierra Leone and Forever Young to clinch the 2024 Kentucky Derby and finished runner-up to Seize the Grey at the Preakness. Known for its resilience and competitive spirit, Mystik Dan has the potential to surprise many. Evaluating its recent races and training reports can aid in making an informed betting decision.

Other Notable Entries:

• Seize the Grey (8-1): Trained by D. Wayne Lukas and ridden by Jamie Torres, this horse could be a dark horse in the race. It won the Preakness Stakes this year, so anything is possible. Its odds suggest a decent chance, making it worth considering for exotic bets. 

• Resilience (10-1): With Junior Alvarado as the jockey and William I. Mott as the trainer, Resilience has the potential to perform well. Mott's expertise and Alvarado's experience can influence this horse’s performance positively. 

• Antiquarian (12-1) and Honor Marie (12-1): Both trained by notable trainers, these horses could be interesting picks for place and show bets.

Betting Strategies:

In order to have a higher chance of winning in this year’s Belmont Stakes, ensure you follow a betting strategy.

Understanding the Odds:

The odds in horse racing indicate the probability of a horse winning the race. Favourites typically have lower odds, reflecting their higher chances of winning. However, betting on underdogs with higher odds can yield significant returns if they perform well. For instance, a bet on Sierra Leone (9-5) is safer but offers lower returns compared to a bet on Dornoch (15-

1)Types of Bets:

• Win: Betting on a horse to finish first. 
• Place: Betting on a horse to finish first or second. 
• Show: Betting on a horse to finish in the top three. 
• Exacta: Predicting the first and second-place horses in exact order.
• Trifecta: Predicting the first three finishers in exact order. 
• Superfecta: Predicting the first four finishers in exact order. 

Analyzing Form and Performance:

Before placing bets, examine each horse's recent form, performance in similar races, and training reports. Horses that have consistently performed well and have shown improvement in their training sessions are more likely to succeed.

Track Conditions:

Saratoga Race Course's track conditions can significantly impact race outcomes. Horses that have performed well on similar tracks or under similar conditions should be given priority in your betting strategy. As of now, the forecast in Saratoga on Saturday looks promising, with partly cloudy skies and only a slight chance of a passing shower.

Betting Tips:

1. Diversify Your Bets: Instead of placing all your money on a single horse, spread your bets across different types (win, place, show) and horses to increase your chances of winning. 

2. Monitor Odds Fluctuations: Odds can change leading up to the race based on various factors. Keep an eye on these changes as they can provide insights into which horses are gaining confidence among bettors. 

3. Research Jockeys and Trainers: Experienced jockeys and successful trainers can significantly influence a horse’s performance. Betting on horses with top jockeys and trainers can increase your chances of success. 

4. Consider Exotic Bets: While riskier, exotic bets like exacta, trifecta, and superfecta can offer substantial payouts. Combining favourites with long shots in these bets can be a lucrative strategy.


Betting on the Belmont Stakes 2024 is an exciting opportunity for horse racing enthusiasts. With the race being held at Saratoga Race Course for the first time in decades, this year's event is unique. Understanding the key contenders, betting strategies, and tips can help you make informed decisions and enhance your betting experience.

Photo: Unsplash

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