Belmont Betting Trends
The 2008 Belmont Stakes is fast approaching with the annual event being held on June 7 at Belmont Park in Elmont, New York. It’s time to take a look at the betting trends and see how previous Belmont Stakes have played out for odds to win favorites.
Oddsmakers from Online Sports Book Bodog have made Triple Crown threat Big Brown a 2/7 favorite to win this year’s Belmont Stakes. At those odds, Big Brown is probably the best bet to win at this year’s Belmont, right? Well, not according to the results from previous Belmont Stakes.
Only 44% of betting favorites have won at the Belmont Stakes. Worse yet, the odds-on favorite is only 12-for-30 and of the last five Belmont Stakes races, all five odds-on favorites were defeated.
Ironically, the last odds-on favorite to win at the Belmont Stakes was the last Triple Crown winner, which was Affirmed in 1978. Big Brown will go for horseracings’ Triple Crown in 2008 after winning at the Kentucky Derby and Preakness Stakes.
These odds shouldn’t discourage bettors from taking Big Brown at this year’s Belmont Stakes, but it’s interesting to note that the odds-on favorite hasn’t been as successful as one would think. It’s definitely worth looking at some of the upset specials like Casino Drive and Behindatthebar who oddsmakers say are the only legitimate challengers to Big Brown’s Triple Crown run.
“In handicapping, historical trends are one of the most important factors in determining future performance.” said Mike Seaton of sports information site TheSpread.com. “If you tell me only 44% of Belmont winners were favorites I want to start looking at the other 66% to see if there are any similar horses in the 2008 Belmont Field.”
“Big Brown is a very strong horse, don’t get me wrong but he’s not invincible.” said Seaton. “A lot can happen in two and a half minutes.”
140th Belmont Stakes Odds to win – Saturday June 7, 2008 – Belmont Park – Elmont, New York
Big Brown 2/7 – Big Brown Belmont Pre-Race Report
Casino Drive 9/2 – Casino Drive Belmont Pre-Race Report
Denis of Cork 10/1 – Denis of Cork Belmont Pre-Race Report
Tale of Ekati 16/1 – Tale of Ekati Belmont Pre-Race Report
Behindatthebar 25/1 – Behindatthebar Belmont Pre-Race Report
Macho Again 40/1 – Macho Again Belmont Pre-Race Report
Mint Lane 50/1 – Mint Lane Belmont Pre-Race Report
Odds on - Will there be a Triple Crown Winner in US Thoroughbred Racing in 2008
Yes - Triple Crown Winner in 2008 –350
No - Triple Crown winner in 2008 +250
Odds provided by SPORTSBETTING.COM
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