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Dornoch with Luis Saez wins the Belmont Stakes as we look at the best 2025 Belmont Stakes odds.
Dornoch with Luis Saez wins the Belmont Stakes at Saratoga Race Course. Photo by: Gregory Fisher/USA TODAY Sports

After Darnoch won the 156th running of the Belmont Stakes, we're looking ahead to the 2025 Belmont Stakes odds from from our best horse racing betting sites.

Due to ongoing construction, the 2024 Belmont Stakes were relocated from the iconic Belmont Park to the dirt track of Saratoga Race Course in Saratoga Springs, N.Y. The adjustment shortened the race distance to 1 1/4 miles, aligning it with the length of the Kentucky Derby instead of the traditional 1 1/2-mile distance. Due to ongoing construction at Belmont Park, the 2025 running will be at Saratoga one last time. 

We're still waiting for odds for the 2025 Belmont Stakes, which are set to run June 6-7, 2025.  When they are released, we'll have you covered with our breakdown of the final leg of the Triple Crown; in the meantime be sure to consult our guide on how to bet on horse racing.

Here's a look at the closing odds and favorites for the 2024 Belmont Stakes.

2025 Belmont Stakes odds

We're still waiting for the 2025 Belmont Stakes odds to be released, and it's too early to predict which horses might be favored to win that race, but keep an eye on the top races over the next calendar year to get a sense of which competitors are showing positive signs of a strong showing at Saratoga Race Course.

While we're still awaiting the release of the opening odds for next year's race, here's a look at the closing odds for the 2024 Belmont Stakes, courtesy of FanDuel Racing.

PostHorseFanDuel oddsMorning Line odds
1Seize the Grey+8008-1
2Resilience+100010-1
3Mystik Dan+5005-1
4The Wine Steward+150015-1
5Antiquarian+120012-1
6Dornoch+150015-1
7Protective+200020-1
8Honor Marie+120012-1
9Sierra Leone+1809-5
10Mindframe+3507-2

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*FanDuel Racing odds available in AZ, CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, WY
**bet365 Belmont Stakes odds not available in the United States

Belmont Stakes favorites

While we're still waiting to learn the favorites to win this race in 2025, Sierra Leone and Mindframe entered the 2024 Belmont Stakes among the favorites, with neither having odds longer than +350.

Sieze the Grey, who won the Preakness Stakes, took and early lead which he held through the first three-quarters of a mile. Outright favorite Sierra Leone made a strong push, but it was Darnoch at 15-1 that came out on top after finding a seam and bursting to the front of the pack.

Will we have a Triple Crown winner in 2025, or will each race be taken by a different horse like this year?

How are Belmont Stakes odds made?

Belmont Stakes odds are made by oddsmakers, who are experts responsible for setting the initial lines for the race. These odds reflect their assessment of each horse's likelihood of winning based on various factors such as past performances in other races, jockey, trainer, breeding, and recent workouts.

To create these odds, oddsmakers analyze a wide range of data and information about each horse and its connections. They consider factors like the horse's racing history, speed figures, performance in previous races, pedigree, and how well it has fared on similar track conditions.

Additionally, oddsmakers take into account the betting patterns and preferences of the public, as well as any news or developments leading up to the race that could impact a horse's chances. Once they have evaluated all these factors, they assign each horse a morning line odds, which represents their estimate of the horse's probability of winning the race.

These initial odds serve as a starting point for betting, but they can change based on the betting action leading up to the race and any new information that emerges.

Past Belmont Stakes winners

YearWinnerPost positionPre-race odds
2023Arcangelo3+800
2022Mo Donegal6+250
2021Essential Quality2+230
2020Tiz the Law8-125
2019Sir Winston7+900
2018Justify*1-125
2017Tapwrit2+550
2016Creator13+1600
2015American Pharoah*5-110
2014Tonalist11+1200

*won the Triple Crown

Belmont Stakes 2025 info

  • Date: Saturday, June 7, 2025
  • Location: Saratoga Race Course (Saratoga Springs, N.Y.)
  • Race Distance: 1 1/4 miles
  • Purse: TBD ($2 million in 2024)
  • TV: FOX

Belmont Stakes 2025 FAQs

Who is the 2025 Belmont Stakes favorite?

We're still awaiting the opening odds for the 2025 Belmont Stakes. In 2024, the pre-race favorites were Sierra Leone and Mindframe, neither of whom was trading higher than +350 on race day, with those odds representing an implied win probability of 22.22%.

Who won the 2024 Belmont Stakes? 

Darnoch won the 2024 Belmont Stakes, closing at +1500, jockeyed by Luis Saez.

When is the 2025 Belmont Stakes held?

The 2025 edition of the Belmont Stakes will be held on Saturday, June 7.

Where is the 2025 Belmont Stakes held?

The Belmont Stakes will be held at Saratoga Race Course in Saratoga Springs, N.Y., for a second straight year in 2025.

How to read Belmont Stakes odds

You'll often see horse racing betting sites post odds presented as fractional; for example, an entry might be listed as a 3-1 favorite, or a 50-1 underdog. For those looking to convert fractional horse racing odds to American or decimal odds, you can use our free and handy odds converter.

Where can I bet on the Belmont Stakes?

According to TwinSpires, Americans can legally wager on horse racing in the following states. Don't forget to check out our FanDuel Racing promo code:

Horse racing betting odds pages

Here are our best horse racing betting sites:

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