2024 Belmont Stakes Betting in New Jersey

The Belmont Stakes is a horse race for 3-year-old thoroughbred horses, normally held on the first Saturday in June. It’s the final event of three races known as the Triple Crown and has been run since 1867. To be victorious, a racing horse must win the Preakness Stakes, the Kentucky Derby, and the Belmont Stakes. Being such a renowned race, it attracts bettors from all over the US, though New Jersey residents celebrate more than others as the race takes place in Belmont Park in Elmont, New York.

Best Sportsbooks to Bet on Belmont Stakes for New Jersey Residents

If you’re interested in betting on Belmont Stakes online in 2024, we highly recommend Fanduel or DraftKings as the best horse betting sites in New Jersey with the best Belmont Stakes odds. Let’s have a deeper look at what each has to offer.

FanDuel

FanDuel, with its live streaming and mobile racing app, is one of the most popular horse racing bookmakers in the US. If you’re new to the platform, there’s a $100 welcome bonus for making your first wager. Other promotions include deals on all three Triple Crown races where bettors get up to $100 No Sweat Bet, meaning that your racing stake is covered up to $100. If your pick fails to win, you’ll receive a bet credit.

Pros

Enticing welcome offer
Seamless deposits and withdrawals
Plenty of markets available

Cons

No option for cryptocurrencies

DraftKings

To place a bet on Belmont Stakes online, you’ll first need to sign up for the DK Horse App. However, due to US sports gambling laws, this is only available in a small number of US states. If you deposit at least $25, you’ll be rewarded with a match bonus of up to $250. Keep in mind that this comes with a 2x playthrough requirement.

Pros

Great bonuses and promos
Top-notch mobile app
User-friendly design

Cons

Some promos have a high rollover

How to Bet on the Belmont Stakes Online in New Jersey

If this is your first time betting Belmont, you’ve chosen one of the most exciting racing events in the US horse racing calendar. Though you need to be over 21 to make a Belmont bet, you don’t have to be a resident of New Jersey to enjoy a wager when betting the Belmont. We’ve listed the steps below to help you get started on how to bet on Belmont Stake:

Step 1 Choose a Sportsbook
We suggest either DraftKings or FanDuel.
Step 2 Sign up and Register
Enter your name, email, deposit information, and birthday.
Step 3 Wait for Confirmation
Check the email address given and then follow the link.
Step 4 Make a Deposit
All sportsbook websites accept a large array of payment options, including Visa, MasterCard, Neteller, AMEX, and debit cards. Today, many can take deposits in cryptocurrencies like Bitcoin.
Step 5 Go to the Horse Racing Page
Pick the Belmont Park track, then the Belmont Stakes race. Then, choose your horse and enter the dollar amount of your wager.

Belmont Stakes 2024 Event: The Horse Race

The final race of the Triple Crown, the 2024 Belmont Stakes, will take place over 1.5 miles (2,414 meters, 12 furlongs) at 07:00 pm ET at the Belmont Park Racetrack in New York on June 8. The racing event will be broadcast live on Fox starting at 4:30 pm ET.

Belmont Stakes Odds and Favourites

Though we’re still a ways to go before the race next year, sportsbooks like FanDuel are already picking horses and full track odds on all wagers for the Belmont Stakes in 2024.

Post	Horse	Trainer	Morning Line Odds
1	Tapit Shoes	Brad Cox	20 – 1
2	Tapit Trice	Todd Pletcher	3 – 1
3	Arcangelo	Jena Antonucci	8 – 1
4	National Treasure	Bob Baffert	5 – 1
5	Il Miracolo	Antonio Sano	30 – 1

Understanding Belmont Stakes Bet Types

One of the most enjoyable aspects of the Belmont Stakes is the betting part. In fact, in 2023, the race brought in a staggering $56.53 million. However, we suggest you get to know the types of bets available if you’re going to bet on the Belmont Stakes online.

Common Bets

There are three common bets at the Belmont Stakes:

Win

Bet on a horse and win if it comes home first.
Place

Bet on a horse to place, and you’ll win if your horse finishes first or second.
Show

You’ll win, provided your choice of horse finishes first, second, or third.

Exotic Bets

When it comes to more exotic bets, the following three are by far the most common:.

Exacta

In the right order, you need to predict the first and second-place winners.
Trifecta

Choose the first, second, and third horse in the correct order.
Superfecta

For the biggest payouts, you’ll have to predict the top four horses in the correct order.

Multi-Race Belmont Stakes Bets

Multi-race bets are extremely popular with the Triple Crown series of horse races. Technically, you’re wagering on the outcomes of all three races: the Preakness Stakes, the Kentucky Derby, and the Belmont Stakes. These wagers revolve around a couple of strategies. The first is to pick a vulnerable favorite to wager against. This gives you the chance to cash in on a big payday. The alternative method is to find the standout runner who’s certain to win the leg of one of the races in the sequence.

Tips for Handicapping the Belmont Stakes

To understand the handicapping during the Belmont Stakes betting online, first take a look at the two previous legs of the Triple Crown. You’ll need to check the following factors to have a better chance of picking the winner:

Pedigree

Ideally, you’re after a horse happy with longer instances. So look for a horse descended from a distance runner.
Previous Belmont Stakes Race Winner

If a horse has won before, it means that it is capable of handling the distance. Also, check for horses that have won similar races, like the Breeder’s Cup Classic or the Dubai World Cup.
Longest Previous Race Won

Check how a horse performed over its three longest races.
Weather Conditions

Bad or inclement weather can completely change the outcome of a race like the Belmont Stakes. If you think the weather is going to change for the worse, then research horses able to run in less-than-perfect conditions.
Track Conditions

Following on from the above, a muddy or sloppy track highlights a horse’s confidence. Often, it’s a good idea to seek out runners with experience on turf and synthetic surfaces, as they can perform on various surfaces.

The Prestige Behind The Belmont

Originating in 1867, the Belmont Stakes is part of three of the oldest horse races in America. It was started and named after the financier, sportsman, and diplomat August Belmont, who was one of the richest Americans of that era. Over the years, the venue has changed many times, though it’s remained in Belmont Park since 1905. The track length is 1.5 miles. Horse racing professionals label the race the “Test of Champions,” as only the best three-year-olds participate. Overall, you’ll find that the field is the smallest of all the Triple Crown races, as all the less-than-stellar runners have been weeded out.

Belmont Stakes and Its Position as the Triple Crown’s Third Leg

Of the three Triple Crown races, the Belmont Stakes is the oldest. It’s held 5 weeks after the Kentucky Derby and 3 weeks after the Preakness Stakes and is the longest of the three races, coming in at 1.5 miles, which is a full single lap of the Belmont Park racetrack. Probably the most famous winner was Secretariat in 1973, with a margin of 31 lengths. Though the prize money from the racing association is $1.5, the same as the Preakness Stakes, the Kentucky Derby is larger at $1.86. Another top race in the US, the Haskell Stakes, is normally won by one of the winners of the Triple Crown.

Latest Belmont Stakes Results

In 2023, the Triple Crown season saw Arcagelo hold off the favorite, Forte, to win the 115th Belmont Stakes. This made its trainer, Jena Antonucci, the first female trainer to win the iconic series. The final results are shown below:

Finish	Horse	Odds
1st	Arcangelo	7 – 1
2nd	Forte	2 – 1
3rd	Tapit Trice	5 – 1
4th	Hit Show	9 – 1
5th	Angel of Empire	3 – 1

Belmont Stakes Betting FAQ

Where can New Jersey residents watch the Belmont Stakes?

New Jersey and New York residents can watch the Belmont Stakes on Fox and Fox Sports 1. Furthermore, the race is streamed on Sling TV, Hulu + Live TV, Youtube TV, and Fubo TV. There’s a monthly subscription charge with all these channels of between $20 – $70 per month.

How do odds work when betting on Belmont Stakes?

The horse with the highest chance of winning is at the top of the Belmont current odds list. If you see a horse listed as 4/1, then a $10 bet would return $50. Likewise, a bet shown as a decimal, like 4.0, means a $10 would return $40.

Can you place live bets during the Belmont Stakes?

Belmont Stakes live bets are not available.

What are the key strategies for betting on Belmont Stakes?

First, have a look at your budget and decide how much you want to wager. Then, consider the bets with regard to their potential payouts. A bigger payout for Belmont stakes winners comes from bets like the trifecta and superfecta. Consistent wins from simpler wagers like win, place, and show.

How can one ensure safe and secure online wagering in New Jersey?

Providing you’re over 21 years of age, both in-person and mobile bets are perfectly legal in New Jersey. Ensure the website uses SSL encryption to keep all your data away from prying eyes. If you’re gambling with your mobile device, make use of both facial recognition and/or the fingerprint sensor. It’s also a good idea to enable 2FA authentication.