Triple Crown Betting Odds

The three legs of the Triple Crown are the Kentucky Derby, Preakness Stakes and the Belmont Stakes. They are run annually in the months of May and June over the course of about a six-week period. Separately, these races are three of the biggest sporting events in the world. But they become even bigger when one horse sets himself apart from the rest by winning the first two legs of the Triple Crown, with a chance at winning all three.

Just how rare is a Triple Crown horse?

There have only been 11 in the history, with the last coming back in 1978 when Affirmed won all three races. Of course, most of you probably know about the 1973 season of Secretariat, arguably the greatest horse in the history of racing. But since Affirmed captured the Triple Crown back in 1978, there have been 11 horses that have won the first two legs of the Triple Crown, only to come up short at the Belmont.

2012 Triple Crown Races

The 2012 season of Triple Crown races has been a very exciting one, with I’ll Have Another winning both the Kentucky Derby and the Preakness Stakes. I’ll Have Another will have a shot at the Triple Crown on Saturday June 9 at the Belmont Stakes.

2012 Belmont Odds

Triple Crown Betting Odds

There are a variety of ways throughout the course of the season to bet on the Triple Crown races. Usually a betting line will start by asking whether or not there will be a Triple Crown winner for the year on Horse Racing Futures Odds. This is a relatively straightforward bet, with a Yes or No line provided. But after the Kentucky Derby, obviously there is only one horse that gets a chance a winning the Triple Crown. So then the odds focus on that horse from that point, with Triple Crown Odds formed about that horse.

Take I’ll Have Another For Example. After he won the Kentucky Derby, a betting line was formed on whether or not he would win the Triple Crown. Then after I’ll Have Another won the Preakness,that same line was formed, though the odds obviously shifted quite a bit because he just needs to win one more.

Individual Race Betting Odds

Each of the three Triple Crown races are followed by a ton of betting lines for them, featuring both odds to win the race as well as a number of prop betting lines. Odds to win a race are simple to follow, with sportsbooks formulating those in the weeks leading up to the post time. These are considered horse racing futures up until the day of the race, in which case they shift over to the daily horse racing books.

Individual Race Prop Betting Odds

There are a variety of prop odds set down for each of the Triple Crown Races. These range in nature from margin of victory, saddlecloth number, winner’s time and more. Here is where you can make wagers on things outside of the winning horse, where you can get solid payouts for wagers that are a bit less risky, only because there are fewer options on a particular line. It’s a lot easier to pick the over/under saddle cloth number than the individual horse to win the race. The payout won’t be as high, but you can still garner a solid one.