How To Bet On Belmont Stakes Online – Our Expert Guide

Adam Haynes

Betting Expert

Fact Checked by

Jamie Clark

Updated: 10 May 2024

Learning how to bet on Belmont Stakes is easier with our expert advice and assistance. From the top offshore sportsbooks to sign up with to refining strategies for better picks, we explain how it’s done.

What is the Belmont Stakes?

The Belmont Stakes is an annual Thoroughbred horse race traditionally held at Belmont Park in New York. The third and final leg of horse racing’s Triple Crown, it is also the oldest and longest of the Thoroughbred classics.

Held in early June, the Belmont Stakes is run over a distance of 1.5 miles. Known as the “Test of the Champion,” it is only open to three-year-old Thoroughbred horses. Just like the Kentucky Derby and Preakness Stakes, it has a prestigious history stretching from the 19th to the 21st Century.

As far as previous Belmont Stakes winners go, the very first champion was Ruthless in 1867 – you can bet on who wins this year with any of the best Belmont Stakes racebooks online.

Where Can I Bet on the Belmont Stakes?

You can place wagers on the Belmont Stakes at offshore betting sites. Our expert reviewers have decided on their shortlist of the top racebooks and sportsbooks for this year’s big one.

All 100% safe and secure, you can compare these bookies across different criteria and sign up with one or more that you like.

Best Belmont Stakes Betting Sites

• All

22/04/24

Get a First Deposit Sports Bonus Up To $500 at XBet

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9.7

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Founded:2013

Headquarters:Costa Rica

22/04/24

Get $2,500 When You Join

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• Big new customer crypto bonus
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9.6

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Owner:Duranbah N.V.

Headquarters:Costa Rica

22/04/24

Join BetUS and Get a 150% Bonus Up To $3,750 + 30 Risk-Free Bets

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• 20-year tenure in online betting
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9.6

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Founded:1994

Headquarters:San Jose, Costa Rica

22/04/24

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Founded:2016

Headquarters:Curacao

22/04/24

Double Your Money on your First Two Deposits at Sportsbetting.ag

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9.6

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Owner:BetOnline

Founded:2003

Headquarters:Panama City, Panama

22/04/24

Get a 75% Match Bonus up to $750 when joining Bovada

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• Crypto sign-up bonus for 75% deposit match
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Owner:Morris Mohawk Gambling Group

Founded:2011

Headquarters:Quebec, Canada

22/04/24

Get a 50% Bonus up to $1000 when joining BetOnline

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• Bet the Belmont straight after Preakness
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Owner:Eddie Robbins III

Founded:1991

Headquarters:Panama City, Panama

22/04/24

Join MyBookie for Reload Bonuses and 8% Racebook Rebates

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Founded:2014

Headquarters:San Jose, Costa Rica

22/04/24

100% Welcome Bonus up to $500

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• 100% sign up bonus for new customers
• Lots of US horse racing markets & odds
• Wager on many racetracks worldwide

9.5

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Owner:Thinkquick Ltd

Founded:1996

Headquarters:Antigua and Barbuda

22/04/24

100% Welcome Bonus + Free Contest Entry Kit at JazzSports

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• Attractive crypto bonuses
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Owner:Jazz Business Solutions B.V

Founded:1994

Headquarters:Curacao

How to Bet $100 on the Belmont Stakes & How Wagering Works

It’s smart to learn how to wager on the Belmont Stakes in anticipation of the race. Rather than leaving things to race day, this will give you more time to accommodate any last-minute changes to your Belmont Stakes picks and bets.

Belmont Stakes Payouts 2023 – Top 3

Our experts have used the 2023 Belmont Stakes results and dividends to explain how to calculate your returns. These dividends are published after the race, with payouts calculated on the pot size and following any deductions. As with pari-mutuel wagers, the larger the pot size – this tends to increase with the size of each single horse’s odds – the bigger the price usually means the larger the return.

The table above illustrates payouts for last year’s race. The figures you see are dividends paid out against a $2 wager. To work out your winnings, simply multiply the sum of your bet against the dividend.

For example, if you had $100 on Archangelo to win, you would receive $1,780 in profit ($100 x $17.80 = $1,780). A $100 wager on Forte to place would pay $430, while one hundred bucks on Tapit Thrice to show would see you get $410 in profit, and so on.

The same principle applies to exotic bets, although the dividends are worked out against different stakes. Here are the Exacta and Trifecta Belmont Stakes payouts for exotic bets:

Working Out Profit on a $100 to Win Bet

Learning how to bet on Belmont Stakes with a round $100 is easy, as US odds are based on what you could earn from a $100 wager. When it comes to fixed odds bets, such as a hypothetical futures wager on Dazzling Ron to win at +500, multiply your wager by the odds to calculate your profit.

The horses above may be fictional but the Belmont Stakes odds may be similar to what you encounter for this year’s runners. Either way, it’s easy to work out prices with a “+” in front of the number. It’s a cakewalk learning how to bet on Belmont Stakes online.

In rare cases where there is a minus (-) before a number, things work differently. The number after the minus denotes what you would need to wager to win $100. For example, with Leason Chief (-200) you would need to bet $200 to win $100.

How to Bet on the Belmont Stakes – Your Payment Options Explained

Deposit methods at our offshore bookmakers include cards, e-wallets, and cryptocurrencies. All have their pros and cons – it’s smart to be aware of these before you choose the right one for your needs.

Cryptocurrencies

Most offshore bookmakers reward players using Bitcoin and other cryptocurrencies with higher bonuses. But one downside of using BTC and altcoins is that you need a crypto wallet to send and receive them. Here are some of the popular cryptocurrencies.

Another tangible advantage when using crypto is increased anonymity. Unlike using cards or e-wallets, payments are made via the blockchain – this way of paying and receiving funds means you do not need to share bank or card details.

Cards

The biggest advantage of using cards when betting on the Belmont Stakes is the convenience – most people have one. On the flip side, you may be charged for each transaction when using one. Cards you may be able to use include the following.

When all is said and done, learning how to bet on Belmont Stakes with cards is easy. Some banks don’t process payments to and/or from online bookmakers outside of the US, however, which can lead to some opting for alternative ways to pay and get paid.

E-Wallets

Although as popular as they once were among US bettors, e-wallets are still a decent way to pay. Deposit times are instant and withdrawals usually take a few days maximum, which is good. Here are some popular e-wallets to consider.

The main reduction in e-wallet popularity among bettors is that some are simply not compatible with gambling. Take Netller, for example, who does not accept US customers anymore. For this reason, we recommend cryptocurrency first and cards second.

Top Tips for How to Bet on Belmont Stakes & Win 

While a strong strategy does not guarantee you will win every time, it can reduce the chances of losing money. Consider our experts’ top five tips for betting on the Belmont this year.

Bet with Safe and Reputable Racebooks

Peace of mind can go a long way toward enjoying a positive betting experience. One of the best ways to achieve this is by only wagering with safe and reputable offshore sportsbooks – such as the ones in our rankings.

We are more than satisfied with how these sites protect their customers. They all feature encryption technology to safeguard your information and pay out when you win. Taking a gamble with unknown and unverified bookies may not always work out in your favor.

Look for Horses with Proven Endurance

Any strategy for how to bet on Belmont Stakes should be different from one based on the Kentucky Derby. While both are horse races, they are discernible by length and the specific demands of each one.

Previous champions of this race have exhibited endurance over long distances. For example, Arcangelo, Mo Donegal, and Essential Quality were the better runners over the past few years. With the race taking place at Saratoga in 2024 and 2025, new track demands may also be worthy of thought.

Listen to Expert Handicappers

Experts know what it takes for a horse to win the Belmont Stakes. Our handicappers follow horses, trainers, and jockeys well in advance of the race, keeping an eye on performances in trials and prep races. They emphasize the importance of other things, like the Belmont Stakes post positions, for instance.

When it comes to understanding the various pitfalls that can present themselves to bettors, who better to turn to than horse racing experts? Even if you don’t agree with their picks, you can use their knowledge, insight, and data to your advantage.

Study Form and Pedigree

When building a case for why a horse can win the Belmont Stakes, previous form and horse pedigree are excellent places to start. These are two tried and true metrics that will help you identify the key contenders.

While stats on form may not be as deep and vast when it comes to three-year-old Thoroughbred horses, information on a horse’s lineage is easy to find. You can also use data on Belmont Stakes history to help you decide which way to go.

Opt for Variety with Your Bets

An excellent Belmont Stakes tip to consider is to diversify your wagers, rather than just lumping it all on one horse. The fact of the matter is that it takes just one slip or misstep for even the best horse to end up trailing the leading pack.

Examine different types of bets and perhaps even consider betting small on other horses. Our experts may recommend betting small on Trifectas and/or place and show bets, in addition to their big pick for the race.

In addition to making things more interesting, you will have a few other ways to make returns – just be mindful that this does mean an increase in stakes and liability.

FAQs

Adam Haynes

Betting Expert

Reviewing all the offshore racebooks and betting sites is Adam. If you want to know something about one of our gambling partners, then he's got the lowdown.

View all posts by Adam Haynes