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Horse Racing

Horses: Belmont Stakes Betting Preview

With the $1.5 million Belmont Stakes coming up on Saturday, California Chrome continues to take the majority of the betting action, currently at 4-5 in fixed betting odds at Bovada.

The colt was installed as the 3-5 morning line favorite by Belmont Park for the third jewel of the Triple Crown.

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Belmont Stakes Props: The Triple Crown

The hype is running at an all-time high, California Chrome appears ready, and online racebooks have the party started with tons of Belmont Stakes props and Triple Crown betting specials.

The Belmont is the longest of the three major races and it has been a haven for longshots in recent years. Ever heard of Matuszak? Maybe you will after Saturday and he is a 10-1 longshot to even finish in the Top 3, according to Bovada, which is expecting a huge day of horse racing activity Saturday.

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Belmont Stakes Betting: Morning Line

California Chrome was installed as the 3-5 morning line favorite for Saturday’s $1.5 million Belmont Stakes (G1), where the colt will face a field of 10 looking to end his bid to become the first Triple Crown winner since 1978.

The colt will break from the two-post with jockey Victor Espinoza aboard for the ride. The colt has won six races in a row including taking the first two jewels of the Triple Crown, the Kentucky Derby and Preakness Stakes. The colt is currently listed at betting odds of 10-11 at Bovada.

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Horse Racing: Preakness Stakes Odds

When advanced wagering on the $1.5 million Preakness Stakes closed on Friday, Kentucky Derby winner California Chrome was attracting most of the attention as expected, closing at odds of 1-2.

The betting pool was just money wagered in Maryland and it totaled only $51,655, a small amount compared to the millions that will be wagered by Saturday afternoon, but it gives us an early look at how the betting odds may play out.

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Preakness Stakes Props: Matchup Odds

The Preakness Stakes prop odds menu was released Thursday and favorite California Chrome figures prominently in them.

The Kentucky Derby winner is a huge favorite to win at Pimlico and he’s a prohibitive 1/5 bet to finish in the Top 3 on Saturday, according to Bovada which posted props.

Two weeks ago, longshot Commanding Curve was a 15/1 bet to finish in the money and he finished a strong second. This time, Ring Weekend has the longest odds on that Preakness Stakes prop.

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Triple Crown Odds on California Chrome

On Saturday, a wager on any horse to win the Triple Crown was a 9-1 payout. On Sunday, that same wager was down to a 2-1 payout at one racebook.

Such was the dominant form of California Chrome in the 140th Kentucky Derby that racebook and sportsbook managers slashed the odds to win the Triple Crown.

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Horse Racing: Kentucky Derby Odds

The betting favorite for the 140th running of the Kentucky Derby remains California Chrome, who is currently listed at 5/2 at Bovada.

With just over $200,000 wagered on-track at Churchill Downs on Friday, the colt was at 3/1, but his price figures to drift down slightly as we get closer to post time. In the meantime, value bettors were backing Wicked Strong, whose line was shrinking during the day (down to 15/2 by midday).

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Kentucky Derby 2014 Props Announced

The Kentucky Derby winner won’t win the Preakness Stakes and there certainly won’t be a Triple Crown winner in 2014.

That, according to the Kentucky Derby 2014 props announced this week courtesy of Bovada. The ‘no Triple Crown winner’ prop carries a current 1-12 pricetag, meaning $1 in profit for every $12 wagered.

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Price on Derby favorite drifts upward

As we get closer to the 140th running of the Kentucky Derby the price on betting favorite California Chrome is starting to rise slightly, currently at 5/2 on the odds released by Bovada on Tuesday morning.

The Santa Anita Derby (G1) winner had dropped to as low as 7/4 last week, and his price has now drifted upward. It likely will stay in the 5/2 to 3/1 range the remainder of the week.

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Baffert’s Hoppertunity Worth Derby Look

With California Chrome now bet down to 7/4 on the latest Kentucky Derby odds released by Bovada it might be time to start looking for value, and that could be with the Bob Baffert trained Hoppertunity.

The colt is currently listed at 14/1 in Kentucky Derby betting at Bovada, good for fifth choice on those odds. The other three at lower odds are Danza and Wicked Strong at 8/1 and Vicar’s in Trouble at 10/1.

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