2018 Belmont Stakes: Horse Racing Terms to Know for the Belmont Stakes
As far as sports wagering goes, horse racing is home to some of the most serious bettors out there, These folks will spend countless hours looking over past performances to track down a horse that might just be ready to hit. It takes a lot of studying and knowledge of the sport to get it right, but when the Triple Crown races come along, a whole slew of new bettors enter the picture, as we all want a slice of the action in any major sporting event. With the Belmont Stakes set to go this weekend, there are going to be a lot of bettors playing who know little about the sport. If you are among that group, you may want to familiarize yourself with some of the terms of the sport.
— Belmont Stakes (@BelmontStakes) June 7, 2018
Triple Crown – You are going to hear this mentioned a lot on Saturday, as the Belmont Stakes is the final leg of the Triple Crown. The Kentucky Derby and the Preakness Stakes are the other two jewels in that crown. Justify has a shot at becoming just the 13th horse to win a Triple Crown, one of the sport’s toughest feats.
Track Conditions – You are going to hear a lot about the weather and the condition of the track, simply because it can have an impact on the running of a race. The Belmont Stakes is run on dirt, with the track impacted by weather. A dry, near a perfect track, will be referred to as FAST. One that is still holding some water will be GOOD, while a sodden track will either be MUDDY or SLOPPY.
Win/Place/Show – These are the 3 most basic wagers that the casual bettor is likely to place. A WIN bet is, as the name suggests, where you only win if your horse finishes first. A PLACE bet means that you win if your horse finishes top two, although you get less back than you would for a win bet. A SHOW bet means that you win if your horse lands in the top 3, again at reduced odds.
Exotics – If you are looking to get a little more creative with your wagering while also potentially winning much more, you should take a look at exotic wagers. In a single race, these require you to predict the exact order of finish up to 4 places, which we will explain below.
Exacta – With this wager, you are required to pick the exact order of finish of the top 2 horses. Alternatively, you can play a QUINELLA, which allows you to cash out if your either of your two selected horses wins with the other finishing second.
Trifecta – With this wager, you are required to pick the exact order of finish of the top 3 horses.
Superfecta – With this wager, you are required to pick the exact order of finish of the top 4 horses.
Boxing – The exotics are tough to win, but you can increase your chances by boxing several horses. For example, a 3-horse exacta box would present you with 6 possible winning combinations, as any of your 3 horses can land in the top 2 in any order. Boxing is a safer way to play, but costs more, as you need to pay for each potential combination. In this case, a $1 stake for a 3-horse exacta box would cost you $6.