The 156th Belmonth Stakes goes on Saturday at Saratoga Race Course in Saratoga Springs, New York. Kentucky Derby winner Mystik Dan will be aiming to win the third leg of the Triple Crown. Horse racing betting fans can expect the online sportsbooks delivering odds and bonuses for this great event.

Below, we’ve listed out the top betting apps in the industry and spelled out their welcome bonus offers that are available for all qualified bettors in the lead-up to the race in Pimlico. Here’s what you need to know about these offers.

FanDuel Belmont Stakes Promo

FanDuel Racing is the horse racing-only sidekick to the FanDuel Sportsbook app! This app allows bettors to place wagers on horse races even in states where sports betting is not fully legalized. The FanDuel Racing app currently has two great offers available for customers. For users located in non-sports betting states (AR, CA, DE, ID, FL, MN, MT, NH, NM, ND, OR, RI, SD, WA), you can get a $500 No-Sweat First Bet. This allows you to get back up to $500 in racing site credits if your first wager loses on any race, including the 3rd race of the Triple Crown. You'll get one week to use them, so be sure to place them once they hit your account. More information about the Fanduel Belmont Stakes promos can be found in our dedicated article.

If you are located in a regulated sports betting state (AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY), Fanduel will give you a $20 No-Sweat First Bet for Belmont Stakes betting online! Just bet $20 on the big race and if your bet loses you will get back $20 in racing site credits. You will have until June 10 to use your credits. This offer is available for both new and existing customers.

DRF Bets Belmont Stakes Betting Promo

The Daily Racing Forum has been in operation since well before the internet existed (1894, to be exact) so you know they’re the go-to experts on all things horse race betting. 

They’re delivering the goods once again for the Belmont Stakes, providing all new players with a first-bet offer of up to $500. Earn cash profit on your first real-money wager or receive matching bet credits in return for a second chance to earn back your funds on whatever you wagered on at the Belmont Stakes.

How to Bet on The Belmont Stakes

There’s certainly some analysis that goes into betting on horse racing. Past results, jockeys, trainers, course conditions, and position all play a factor. Then again, these are animals that are prone to anything that we’ll never be able to quantify.

Still, favorites are favorites for a reason—and there are plenty of handicappers analyzing the aforementioned factors that spit out the horses they believe will perform best. That’s where underdogs come into play. We don’t have to look far for winners at bigger odds, with Rombauer (12/1 in 2021) and Cloud Computing (13/1 in 2017) coming to mind. Research and reading analysis will always come into play in horse race betting, and knowledge is power in what is a short race with a huge impact on both the industry and potentially your pockets.

Types of Belmont Stakes Bets

As opposed to bets on sports like basketball, baseball, or hockey, horse race betting isn’t necessarily a winner-take-all outcome. 

Bettors certainly will be able to place wagers on the horse they believe will win the Belmont Stakes, but there are also available wagers on a horse to place (second) or show (third), with trifectas acting as a parlay where you wager on the exact outcome of the top-3 horses. There will be dozens of different betting options for players to bet on during the Belmont Stakes, and each of them comes with their own perks.