Belmont Stakes betting: Bets you can place and where to make your wager

Fox News senior meteorologist Janice Dean and milliner Christine Moore talk different types of hats at the Belmont Stakes.

Betting is a huge part of horse racing, especially for the three Triple Crown races — the Kentucky Derby, the Preakness Stakes and the Belmont Stakes.

The Belmont Stakes is your last chance to bet on one of the Triple Crown races for the year since it is the last of the series. In June, usually on the first or second Saturday of the month, horses and jockeys battle it out in Elmont, New York, on the longest track of the three races for the title. 

Thousands head to New York to watch the 1½-mile race, and millions tune it to catch the race live on television. 

The Belmont Stakes is the third of the Triple Crown races and takes place in Elmont, New York.  (Al Bello/Getty Images)

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Betting on the Belmont Stakes is a fairly simple process, although there is some key information you need to know before placing your bet, like what kind of bets there are and how to actually place a bet. 

Before placing your bet, do your research. There is lots of information out there about the horses racing in the Belmont, and what their odds are of winning. Do some research before you place your bet, so you can give yourself the best chance of making some cash.

Here is some basic information on betting on the Belmont Stakes to help you understand the different kinds of bets, odds and where you can actually place your bet. 

The most popular way to bet on horse races is through online betting.  (Mike Stobe/Getty Images)

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