2021 Belmont Stakes Action Report: Essential Quality Remains Solid Favorite

Belmont Stakes odds and the final leg of the Triple Crown are live. We look at the horse racing odds to win the 2021 Belmont Stakes.

Patrick Everson
Last Updated: Jun 5, 2021 5:30 PM ET Read Time: 5 min

Belmont Stakes odds are live as horse racing betting turns its eye to the final leg of 2021's Triple Crown.  

We've seen different winners and a fair bit of controversy thus far, only heightening the uncertainty and buildup for a compelling race as we count down towards the Belmont. 

We'll be bringing you the latest updates on betting action for "The Test of the Champion," right up until the 153rd running of the Belmont Stakes, Saturday, June 5, running at 6:47 p.m. ET at Belmont Park.  

Belmont Stakes 2021 odds

Horse Current odds Post position
Essential Quality 8/5 2
Rock Your World 3/1 7
Hot Rod Charlie 9/2 4
Known Agenda 5/1 6
Rombauer 10/1 3
Bourbonic 11/1 1
Overtook 16/1 8
France Go de Ina 23/1 5

Odds courtesy of NYRA Bets

Belmont Stakes betting action and odds report
By Patrick Everson

Latest Belmont Stakes betting action

UPDATE 5:30 P.M. ET SATURDAY: Less than 90 minutes until post time, Essential Quality remains the favorite, though he's back to the 2/1 morning-line price that he started at following Tuesday's post-position draw. TwinSpires director of marketing Ed DeRosa said the favorite continues to draw well in parimutuel betting.

"Essential Quality is steady at 2/1, so I think that's where he's gonna land at post time," DeRosa said. "I think at these prices, 2/1 is the right price."

DeRosa also stuck to his Friday comment that he believes this is very much a one-horse race. On Friday afternoon, DeRosa said: "If Essential Quality is 2/1, I'm gonna make the biggest win bet of my life on him."

Hot Rod Charlie moved into the 7/2 second choice today, while Rock Your World slipped from his 3/1 price Friday to 4/1 this afternoon. Known Agenda follows at 9/2, then Rombauer at 7/1.

"I'm a little surprised by that. Rombauer is not getting a lot of respect there," DeRosa said of a horse who was the 3/1 second choice after Tuesday's draw. "I didn't think he'd be the second choice today, but I thought he'd be grouped in that next tier."

DeRosa said bettors aren't hitting any particular medium or longer shots, though no prices are very long.

"The longest price on the board is 18/1," he said, alluding to the odds for France Go de Ina. "Bourbonic is 9/1, which surprises me. I definitely thought he'd be a 15/1 or 20/1 shot."

Favorite to win the 2021 Belmont Stakes 

As the Medina Spirit fallout from the Kentucky Derby winner's failed substance test continues to develop, the horse has been banned from the Belmont.

This leaves pre-Derby favorite Essential Quality, who drew the No. 2 post position, as the favorite with 8/5 odds in parimutuel betting a day out from the race. Rock Your World, the 9/2 fourth choice after Tuesday's post draw, is now up to the 3/1 second choice, followed by Hot Rod Charlie (9/2) and Known Agenda (5/1).

Rombauer, the 3/1 second choice after the post draw, slipped back to the 10/1 fifth choice in parimutuel betting Fiday.

Odds of past Belmont Stakes winners

Here are the winners of the Belmont Stakes since 2000, including their post positions and final odds.   

Year Belmont Stakes Winner Post Position Final Odds
2020 Tiz the Law 8 6/5
2019 Sir Winston 7 10/1
2018 Justify 1 4/5
2017 Tapwrit 2 6/1
2016 Creator 13 15/1
2015 American Pharoah 5 0.75
2014 Tonalist 11 12/1
2013 Palace Malice 12 13/1
2012 Union Rags 3 3/1
2011 Ruler On Ice 7 24/1
2010 Drosselmeyer 7 13/1
2009 Summer Bird 4 12/1
2008 Da'Tara 6 38/1
2007 Rags To Riches 7 4/1
2006 Jazil 8 6/1
2005 Afleet Alex 9 1.15
2004 Birdstone 4 36/1
2003 Empire Maker 11 2/1
2002 Sarava 11 70.25
2001 Point Given 9 1.35
2000 Commendable 3 18.8

How to bet on the Belmont Stakes

Horse racing bets usually fall under two categories: straight and exotic. A straight winner is focused on the performance of a single horse. While exotic bets require picking how multiple horses finish the race. 

The most common way to wager horse racing odds is to pick a straight winner. Which is exactly what it sounds like, you pick the winner of the race. Other straight betting options are to bet a horse to place (to finish first or second) and to show (to finish first, second or third).

How to read Belmont Stakes odds

Horse racing odds are often displayed as fractions, which makes for simple math: divide one number by another and then take that sum and multiply it by your bet amount. For example, the favorite of a given race could be 3/1. The means a one dollar wager would return three dollars.

In some instances, a heavily favored horse could have odds of 5/4. Which means you would need to wager five dollars to win four. 

It is also common to see Belmont Stakes odds displayed in decimal style, especially when the fractions get more complicated as you get closer to the race. In that case you simply multiply your bet by the number given. If you don’t like how odds are displayed at your sportsbook use our odds converter tool to switch to American, fractional or decimal style odds.

Where can I bet on the Belmont Stakes?

This all depends on where you live. If you’re in the USA, betting on the Belmont Stakes online isn’t as simple as simply launching your favorite sportsbook app. Instead, you’ll have to use a specialist-pooled horse racing betting site such as TwinSpires.

Those in Canada or the UK have it much easier as most sports betting sites offer horse racing markets. Take a look at the top horse racing betting sites available in your area. 

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