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How to get rich betting the Belmont Stakes in 2014

How to get rich betting the Belmont Stakes in 2014 - California Chrome
How to get rich betting the Belmont Stakes in 2014 - California ChromePhoto by Al Bello/Getty Images

The following is a list of ideas for bettors to follow to possibly get rich by betting on the Belmont Stakes in 2014. The Belmont Stakes will take place on Saturday, June 7, 2014.

To get rich from betting on the 2014 Belmont Stakes, you have to figure out a way to win a lot of money by betting relatively small amounts of money. There will be hundreds of millions of dollars wagered on the 2014 Belmont Stakes, and you want to figure out a way to get a nice piece of that big money by betting relatively small sums of money.

Fortunately, the 2014 Belmont Derby offers a number of ways to possibly get rich by betting small amounts of money this year. That's because California Chrome is trying to win the Triple Crown this year, and his presence in the race is going to possibly create some great betting opportunities.

Before I get to those great betting opportunities, anyone betting on the 2014 Belmont Stakes should understand that every dollar bet on the race is a gamble. Nothing is guaranteed in a horse race.

The odds of anyone getting rich by betting on the Belmont Stakes are small, but it is certainly possible. It's far more possible for someone to get rich betting the Belmont Stakes in 2014 than it was for anyone to win $1 billion by picking all the games right in the 2014 NCAA Tournament (no one came close).

How to get rich betting the Belmont Stakes in 2014

1. Bet against California Chrome

Since Affirmed won the Triple Crown in 1978, there have been 11 horses that won both the Kentucky Derby and the Preakness but failed to win the Belmont. Virtually every one of those 11 horses went off at low odds in the Belmont, and they all lost.

That means other horses in the race paid big money. In 2002, a horse named Sarava won the Belmont Stakes and paid a Belmont Stakes record $142.50 for each $2 winning bet when War Emblem, who had won both the Kentucky Derby and Preakness, failed in his Triple Crown bid at low odds.

In 1962, a horse named Sherluck paid $132.10 for the second highest win price when Carry Back failed in his Triple Crown bid in the Belmont. In 2008, Da'Tara won and paid $79.00 when Big Brown failed at low odds in his Triple Crown bid in the Belmont.

I am happy to say that I bet $10 to win on Da'Tara and cashed a very nice $395 win ticket in the 2008 Belmont. I did not like Big Brown that year and thought Da'Tara could wire the field, and he did at big odds.

Birdstone paid $74 to win when he won the Belmont in 2004, when Smarty Jones failed in his Triple Crown bid. California Chrome is going to be very heavily bet in the 2014 Belmont Stakes to win. If he fails to win, some other horse is going to pay well to win, and might just pay a bonanza if he is a big longshot.

2. Bet the Superfecta

The superfecta is a relatively new bet at race tracks where you must pick the first four horses in the race in exact order to win. In 2002, when Sarava won at big odds and War Emblem failed, the superfecta paid a Belmont Stakes record of $145,334.00 for each winning $2 bet that had the right numbers of 12-8-5-11.

Since 2002, seven of the 12 Belmont Stakes races had superfectas that paid over $10,000 for each winning $2 bet. That includes 2011 ($74,052), 2008 ($48,637), 2008 ($47,309), 2005 ($14,249), 2004 ($11,679), and 2010 ($10,658). I included 2008 twice because two horses dead-heated for third place, creating two different winning sets of numbers.

Betting the superfecta is the best way to win a lot of money betting small amounts of money in the 2014 Belmont Stakes. That is especially true if California Chrome does not win the race.

3. Bet the Trifecta

To win a trifecta bet you have to have the first three finishers in the race in exact order. It's easier to win than a superfecta and therefore usually pays less, but it still offers you a pretty good chance to win a lot of money by betting a little.

There have been seven times in Belmont Stakes history when the trifecta paid over $3,000 for each winning $2 bet. The record trifecta in the Belmont Stakes paid $25,209, for each $2 winning ticket that had the right numbers of 12-8-5 in 2002.

The other big trifecta payouts were in 1993 ($18,677), 2011 ($8,268), 1999 ($5,343), 2008 ($3,954), 2008 ($3,703 - second payout due to dead-heat for show), and 1990 ($3,077).

Good luck to everyone betting the 2014 Belmont Stakes. And good luck to California Chrome, I would love to see him win the Triple Crown this year, but I am not betting on it.

I did bet $5 on I'll Have Another to win the Triple Crown in 2012, and would have won a bundle had he won only to watch him scratched before the Belmont after he had won both the Kentucky Derby and the Preakness. I even wrote an article on why he would win the Triple Crown, which had to do with him being a winning fresh horse based upon my own layoff statistics.

Those same layoff stats do not favor California Chrome coming into the Belmont in 2014, but great horses, like great human athletes, can overcome all statistics. California Chrome will be great if he wins the Triple Crown in 2014.