- Dates: From May 6th till June 10, 2023
- Races: Kentucky Derby, Preakness Stakes & Belmont Stakes
- Past Winner: Rich Strike
Understanding The Triple Crown
The Triple Crown of Thoroughbred Horse Racing is a term that refers to both the three biggest horse racing events in the United States – the Kentucky Derby, Preakness Stakes, and Belmont Stakes – and the title given to any three-year-old thoroughbred that wins all three races.
Triple Crown betting odds have a long history in the United States and remain incredibly popular today and is one of the most prestigious titles in the world of horse racing, and winning it is a rare and impressive feat. Only 13 horses have won the Triple Crown in the history of the sport, the most recent being Justify in 2018.
Any horse that wins all three races is awarded the Triple Crown Trophy, which was first commissioned in 1950.
Triple Crown Betting Odds: Winners, Stats, and Records
Sir Barton became the first horse to win the Triple Crown betting odds in 1919, and since then, only 12 other horses have managed to claim this prestigious title. This averages out to a Triple Crown winner every eight years, making it one of the most challenging trophies to win in any sport. Nonetheless, Triple Crown odds are available for many horses almost every year, offering betting enthusiasts plenty of opportunities to get in on the action.
Here is a list of the Triple Crown winners:
|H. Guy Bedwell
|J. K. L. Ross
|Samuel D. Riddle
|Ben A. Jones
|William H. Turner Jr.
|Mickey & Karen L. Taylor
|Harbor View Farm
- The legendary Secretariat holds the record for all three races, with his time of 2:24 for the 1½-mile in the 1973 Belmont Stakes remaining unbroken to this day.
- Gallant Fox and Omaha are the only father and son duo to have each won the Triple Crown betting odds.
- Jim Fitzsimmons and Bob Baffert are the only owners to have owned two Triple Crown winners.
- Steve Cauthen became the youngest jockey at 18 years old to win the Triple Crown and Mike Smith became the oldest at 52 years old.
- The longest gap between Triple Crown winners occurred when Affirmed won in 1978, followed by American Pharoah in 2015, 37 years later.
Triple Crown Betting Odds: Upsets and Missed Bids
The history of Triple Crown races has seen many unexpected and significant upsets. Despite being the favorites and having favorable Triple Crown betting odds, many Triple Crown contenders have stumbled and failed to live up to expectations, while underdogs have emerged to the surprise of everyone.
These upsets are one of the reasons why Triple Crown betting odds remain popular, as fans hope to witness a big underdog come through and claim victory. The element of unpredictability adds to the excitement of Triple Crown races, making them all the more thrilling to watch and bet on.
Here are some of the biggest upsets to happen in the Triple Crown betting odds along with horses who fell short:
- A total of 52 horses were one race shy of becoming Triple Crown betting odds winners
- A total of 23 horses failed to win the Belmont after winning the Derby and the Preakness; thus it has a reputation as being the hardest to win
- Sarava scored the biggest upset in Triple Crown history by winning the 2002 Belmont as a 70-1 underdog
- Alydar is the only horse to finish second in all three Triple Crown betting odds races, finishing behind Affirmed in 1978
- Silver Charm narrowly missed the 1997 Triple Crown by finishing half of a length short during the Belmont
- Victor Espinoza and California Chrome lost in the Belmont in 2014 as a heavy favorite; had he won, he would have become the first jockey to win two Triple Crowns
Here are some helpful strategies for newcomers betting on horse racing odds:
- Consider putting your money on the favorite, as they win about 33% of the time and have the best odds.
- Check local newspapers for the Daily Racing Form and handicapper selections to gain insights from recognized experts.
- Buy a tip sheet from professional handicappers for additional wagering selections.
- Review the program for a list of trainer and jockey standings, which can indicate the best horses and highest win percentages.
Watch the horses to observe their behavior and form before making your bet.
Glossary of Racing Terms
Entry: A horse entered in a race, with two or more horses sometimes being “coupled” and running as a single wagering unit. If you bet on one horse of an entry, you are betting on both.
Furlong: A unit of distance in horse racing, measuring 220 yards or one-eighth of a mile.
Morning Line: A prediction of how the morning linemaker expects betting to occur in a particular race. These Triple Crown betting odds are printed in the program and posted on the Infield Odds Board before wagering begins.
Post Position: The horse’s position in the starting gate, with the gate numbered from the inner rail outward.
Purse: The amount of prize money won by the owners of the first five or six finishers in a race.