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Best Belmont Stakes Trifecta Bets for 2024

by Mike Allen - 6/7/2024

Best Trifecta bets for the Belmont Stakes

What is a Trifecta Bet?

A trifecta bet is very simple. It’s a parimutuel wager on a horse race where the bettor predicts the exact order, what horses finish first, second, and third.

There are other names for the trifecta bet as you travel around the world, but for our intents and purposes, trifecta is all we need to know.

What does parimutuel mean?

Parimutuel is a form of betting and bookkeeping on horse races in which those holding winning tickets divide the total amount of money wagered in proportion to their bets.

As you might imagine, a small chunk of this money goes towards taxes and the house. You can just think of it as the vig. These people have to keep the lights on just like anyone else.

You’re probably already thinking, it can’t be easy at all cashing one of these tickets, far less at the Belmont Stakes. Remember, this race is in a field of horses much thicker in thoroughbred and talent than we saw just over one month ago at the Kentucky Derby.

I like our odds of winning this week more than the first two races, however. This is because we have already seen the best of these horses and jockeys competing on their biggest stages and, most recently, at The Preakness, in some of the harshest and sloppy conditions.

Spread the money from your betting bag around, and certainly don’t overexpose yourself to any particular horse.

What is the cost and payout of a trifecta wager?

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Cost and Payout of a Trifecta Bet

These bets usually cost as low as .50 cents. So, you can put together multiple combinations of your favorite horses in hopes of cashing a winning ticket.

There are plenty of betting options available to you for a horse race like the Belmont Stakes. One of those is boxing your trifecta. Your payout will decrease, but your odds of winning, of course, become a lot more realistic. In a boxed trifecta bet, you still need to pick the top three finishers of the race. However, they can cross the finish line in any particular order, and we still win the wager.

Best Trifecta Bets for the Belmont Stakes

  1. Sierra Leone 9/5
  2. Honor Marie 12/1
  3. Sieze the Grey 8/1

The Belmont Stakes sounds fun and all, but is it really The Belmont Stakes? This year, Belmont Park is under construction down in Long Island. So, here we sit in Upstate New York in Saratoga Springs aka The House of Upsets aka The Graveyard of Champions.

This is scary stuff if you're one of the favorites, but I do lean a bit heavier towards the betting favorites in Saratoga, as this is the third race of The Triple Crown. We all more or less know what we are getting.

We know who is running well. A horse like Mystik Dan probably benefited from the wet weather in both the Kentucky Derby and The Preakness. Will he and his team be able to recreate that magic on a dry day like the one we have forecasted for Saturday at around 6:50 Eastern Time?

He is also likely a bit tired, at this point after competing hard twice already in the past month.

Seize the Grey may have already peaked at The Preakness, but I like his well-balanced combination of speed and endurance to sneak into the third spot.

Honor Marie is about as thoroughbred as a horse can be. The son of Honor Code, with multiple Triple Crown winners in his lineage, has arguably more value at 12/1 than any other equine in the field.

He is a closer and suffered a gnarly trip in the Kentucky Derby pushing him back to 8th place. I like his closing ability on this longer track.

Sierra Leone gets better as the races lengthen. He is by far the best horse in this field, and this is his time. There is good reason his betting odds are short of 2-1.

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