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Belmont Stakes, the final legal of the Triple Crown races, is Saturday. Even without the drama of a potential Triple Crown winner, Belmont is a big deal among horse racing enthusiasts. Thus, it begs the question why can’t you wager on traditional sports betting apps like DraftKings or BetMGM?
To answer that it’s important to review a couple of factors about horse racing that differentiate it from standard sports betting. With usual sports betting markets (NFL, NBA, NHL, MLB etc.) sportsbooks will determine the odds and there’s not a lot of transparency. Horse racing, on the the other hand, uses pari-mutuel meaning the odds are determined by the wagers from other bettors. The more favored a horse is, the more money has been wagered on it.
While that’s slightly more transparent than standard sports betting, the risks associated with any betting are still very relevant.
Furthermore, horse racing occupies a slightly different lane than traditional sports betting which gets into the answer to the question above. Due to betting regulations, most horse-racing wagers have to be done on a separate app.
Two of the most widely used horse-racing apps are FanDuel Racing and TwinSpires. You can review the promotions ahead of Belmont 2024 below. In some states, you can bet right in the FanDuel Sportsbook app, but in others you need the separate FanDuel Racing app.
FanDuel Racing: Get a $500 No Sweat First Bet
There’s no promo code required here so you can use the module above to access FanDuel Racing. When you sign up, you can claim $500 No Sweat First Bet in more than two dozen states. It’s broken down by where legal sports betting is allowed.
So in AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV or WY you can sign up with this link to claim a $500 No Sweat First Bet.
Conversely, if you’re in AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD or WA you can get started here.
The offer is the same in both instances and functions similarly to a bet insurance offer. If your first wager loses, you’ll get the value of your cash stake back as bonus bets — up to $500.
TwinSpires: $400 Sign up offer
TwinSpires, another staple of the horse-racing industry, has a generous welcome offer. Sign up with the module above and the bonus code CTRACING to get $400 in bonus cash.
The way this offer works, you’ll can get up to $400 in bonus cash — in $100 increments — for every $400 wagered. Thus, you’d need to bet $1,600 over the first 30 days to max out.
New customers in AL, AZ, AR, CA, CO, CT, DE, FL, ID, IL, IA, KS, KY, LA, MD, MA, MI, MT, NH, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI and WY can claim this offer.
Belmont 2024 Odds
Odds courtesy of FanDuel
- Seize the Grey: 8-1
- Resilience: 10-1
- Mystik Dan: 5-1
- The Wine Steward: 15-1
- Antiquarian: 12-1
- Dornoch: 15-1
- Protective: 20-1
- Honor Marie: 12-1
- Sierra Leone: 9-5
- Mindframe: 7-2
Age and residency restrictions apply. See terms at racing.fanduel.com. Gambling Problem? Call 1-800-GAMBLER.
Create your new wagering account with TwinSpires.com and earn a $400 sign up bonus! Must use promo code on registration to be eligible. Valid for one use per household. $400 bonus cash will be credited in increments of $100 for every $400 wagered. To earn the full $400 bonus players must wager $1600 within 30 days of creating a TwinSpires account. Completed wagers mean that the race has run and the results are official. This sign up offer cannot be combined with any other registration bonus offer. Certain exclusions apply. All management decisions final.