Belmont Stakes Odds and Betting Favorites

We take a look at the latest 2025 Belmont Stakes odds, along with a look at the history of the final leg of the Triple Crown.
Belmont Stakes odds
Pictured: Dornoch with Luis Saez wins the Belmont Stakes at Saratoga Race Course. Photo by Gregory Fisher via Imagn Images

We have entered the peak of the horse racing calendar, and Belmont Stakes odds will soon be made available. This year's Belmont Stakes will be held on Saturday, June 7, at Saratoga Race Course.

This will be the second straight year that the Belmont will be held in Saratoga Springs, N.Y, with the iconic Belmont Park currently being renovated.

The move to Saratoga Race Course has shortened the race distance to 1 1/4 miles, aligning it with the length of the Kentucky Derby instead of the traditional 1 1/2-mile distance. The Belmont Stakes will return to its traditional home next year.

One horse that we know will compete in the 2025 Belmont Stakes is Sovereignty, who won the Kentucky Derby. Sovereignty will not compete in the Preakness Stakes.

Belmont Stakes odds

We're still waiting for the 2025 Belmont Stakes odds to be released, but expect Kentucky Derby winner, Sovereignty, to be the betting favorite. The Belmont Stakes draw typically occurs on the Monday before the race, so expect this year's field and post positions to be revealed on Monday, June 2.

While we're still awaiting the release of the opening odds for this year's race, here's a look at the closing odds for last year's Belmont Stakes.

Post Horse FanDuel odds Morning Line odds
1 Seize the Grey +800 8-1
2 Resilience +1000 10-1
3 Mystik Dan +500 5-1
4 The Wine Steward +1500 15-1
5 Antiquarian +1200 12-1
6 Dornoch +1500 15-1
7 Protective +2000 20-1
8 Honor Marie +1200 12-1
9 Sierra Leone +180 9-5
10 Mindframe +350 7-2

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Belmont Stakes favorites

Here is a look at Belmont Stakes favorites.

Sovereignty

Sovereignty enjoyed the muddy track at Churchill Downs, winning the Kentucky Derby by 1.5 lengths in a time of 2:02.31. We will see a well-rested Sovereignty in the Belmont, given that trainer Bill Mott elected to not have the colt compete in the Preakness Stakes. Sovereignty's sire is Into Mischief. Into Mischief's offspring includes multiple Kentucky Derby winners but no Belmont victors.

How are Belmont Stakes odds made?

Belmont Stakes odds are made by oddsmakers, who are experts responsible for setting the initial lines for the race. These odds reflect their assessment of each horse's likelihood of winning based on various factors such as past performances in other races, jockey, trainer, breeding, and recent workouts.

To create these odds, oddsmakers analyze a wide range of data and information about each horse and its connections. They consider factors like the horse's racing history, speed figures, performance in previous races, pedigree, and how well it has fared on similar track conditions.

Additionally, oddsmakers take into account the betting patterns and preferences of the public, as well as any news or developments leading up to the race that could impact a horse's chances. Once they have evaluated all these factors, they assign each horse a morning line odds, which represents their estimate of the horse's probability of winning the race.

These initial odds serve as a starting point for betting, but they can change based on the betting action leading up to the race and any new information that emerges.

Past Belmont Stakes winners

Year Winner Post position Pre-race odds
2024 Dornoch 6 +1500
2023 Arcangelo 3 +800
2022 Mo Donegal 6 +250
2021 Essential Quality 2 +230
2020 Tiz the Law 8 -125
2019 Sir Winston 7 +900
2018 Justify* 1 -125
2017 Tapwrit 2 +550
2016 Creator 13 +1600
2015 American Pharoah* 5 -110
2014 Tonalist 11 +1200

*won the Triple Crown

Belmont Stakes 2025 info

  • Date: Saturday, June 7, 2025
  • Location: Saratoga Race Course (Saratoga Springs, N.Y.)
  • Race Distance: 1 1/4 miles
  • Purse: TBD ($2 million in 2024)
  • TV: FOX

Belmont Stakes 2025 FAQs

Who is the 2025 Belmont Stakes favorite?

Sovereignty is expected to be the 2025 Belmont Stakes favorite.

Who won last year's Belmont Stakes? 

Dornoch won last year's Belmont Stakes, closing at +1500, jockeyed by Luis Saez.

When is the 2025 Belmont Stakes held?

The 2025 edition of the Belmont Stakes will be held on Saturday, June 7.

Where is the 2025 Belmont Stakes held?

The Belmont Stakes will be held at Saratoga Race Course in Saratoga Springs, N.Y., for a second straight year in 2025.

How to read Belmont Stakes odds

You'll often see horse racing betting sites post odds presented as fractional; for example, an entry might be listed as a 3-1 favorite, or a 50-1 underdog. For those looking to convert fractional horse racing odds to American or decimal odds, you can use our free and handy odds converter.

Where can I bet on the Belmont Stakes?

According to TwinSpires, Americans can legally wager on horse racing in the following states. Don't forget to check out our FanDuel Racing promo code:

Horse racing betting odds pages

Here are our best horse racing betting sites:

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