Saturday (June 9, 2012) was the 144th running of the Belmont Stakes and was highlighted by I'll Have Another attempting to become only the twelfth Triple Crown winner in history before shocking the sports world by being scratched on Friday. The race was broadcast by NBC with a post time of 6:35 PM ET, with official Belmont Stakes results and payouts announced soon after. Union Rags edges out Paynter at the wire paying bettors $7.50 for every $2.00 wagered (Atigun came in third).Belmont Stakes Results 2012 (Official Payout Results):
Many causal horse betters do not understand exactly how to read racing results. Basic information includes "win odds" for each horse. Typically payouts are quoted for every $2 bet. Even seconds before the race the payouts our estimates - official results that are actually paid out are only available once the race is complete. Payoffs are rounded down to the nearest dime or nickle (depending on the track). Rounding is called "breakage" - and is an advanced horse racing results topic.To determine the precise win odds on a horse, you will require figures beyond those provided by the toteboard - specially, total win pool and amount bet on each horse. Before payout, the track takes it's "take" - typically 15%-20%. So, exact odds are calculated by subtracting the take from the pool minus amount bet horse in question divided by the amount bet by the player. (rounded off to the nearest dime or nickle). 2012 Belmont Stakes Race - Free Handicapping Best Bets: Pregame.com Pro Marco D'Angelo and Dave Tuley from the Daily Racing Form discuss their best bets in the 2012 Belmont Stakes at Pimlico - including a Triple Crown bid, odds, post positions, handicapping tips, favorites & long shots!