Belmont Stakes Betting Trends & Facts For Pay Per Head Agents

Thursday, 08 June 2017 / Published in Bookie Tips, Horse Racing

 

The draw for the 2017 Belmont Stakes took place on June 7. Because favored Classic Empire’s connections have decided to skip the Test of Champions, Irish War Cry has been installed as a 7/2 favorite.

Does Irish War Cry have a shot? Keep reading, online bookie agents, to get a grasp on the nuances of the Belmont Stakes

The Belmont Can be a Longshot Players Paradise

There are two main differences with the Belmont as opposed to the Derby. First, the Belmont is the final leg of Horse Racing’s Triple Crown.

What it means is that horses that go into the Belmont Stakes fresh have an advantage. Fresh horses re often the ones that are longshots.

Second, the Belmont Stakes is at 1 ½ miles. Dirt horses almost never run that far. Horses that do run in the Belmont may never run that far again.

Check out payout odds from the last four Belmont Stakes winners to see how powerful the two factors affect the race:

2016 – Creator paid $34.80 – He had skipped the Preakness. Sired by Tapit, North America’s leading sire.

2015 – American Pharoah $3.50 – Pharoah won the Triple Crown. He was the first horse to do so since 1979.

2014 – Tonalist $20.40 – Fresh horse. Also sired by Tapit.

2013 – Palace Malice $29.60 – Fresh horse. Sired by Curlin who finished second in the Belmont Stakes.

That’s 3 out of 4 payouts of at least $20. There’s no doubt that based on the above payouts, the Belmont Stakes is a longshot players paradise.

Per head agents must place a schedule limit override, or a max betting limit, on the Belmont Stakes. Don’t allow players to bet more than $50 to $100 to win on any of the Belmont participants.

Public Likes Favorites…That’s a Good Thing

The public, casual horse racing bettors, jump all over the favorite in Triple Crown races. You wanted Classic Empire to enter the Belmont Stakes because favorites are horses that the public knows.

Classic Empire ran in both the Derby and the Preakness.

That doesn’t mean that Irish War Cry, the favorite now that Empire has withdrawn, gets bet down to nothing. Without Empire in the race, the Belmont should be a free for all.

The public could settle on either one of Todd Pletcher’s runners, Patch or Tapwrit.

If they do, all professional horseplayers might go with Irish War Cry.

The best way to ensure profit on this year’s Belmont Stakes is for per head agents to set max betting limits and max win limits on the Test of Champions.

If professional horseplayers are right about Irish War Cry, they can hit a huge trifecta or exacta. No matter who the favorite is, the odds on that favorite should be around 9/2 or 5/1.

It might even be higher. That’s how competitive the race should be. By not getting fancy and setting max betting limits on every horse, horse racing pay per head agents can cover all bases.

 

Want to learn all the trends your bettors know? Check out all the 2017 Belmont Stakes betting trends from Oddsshark.com 

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