Baeza promises a payout of $425 for every $100 bet with a Belmont Stakes win Saturday.

Odds to Win the 2025 Belmont Stakes

Rot     To Win The 2025 Belmont Stakes     Moneyline
1     Hill Road         +1600
2     Sovereignty         +190
3     Rodriguez         +600
4     Uncaged         +5000
5     Crudo         +2400
6     Baeza         +425
7     Journalism         +190
8     Heart of Honor         +3400

All odds courtesy of BetPhoenix

Key Factors That Could Lead to Baeza Winning This Year's Preakness Stakes

Past Performance (7)

He lost to Journalism by less than a length in the Santa Anita Derby and figures to improve off that finish. Has a big shot if he gets in the field.

He finished 3rd in this year's Kentucky Derby.

Why Baeza Might Not Win This Year's Kentucky Derby

Jockey (4)

Flavien Prat will be the jockey for Baeza in the 2025 Belmont Stakes.

Prat has not won the Belmont Stakes. He has participated in the race four times.

Trainer (4)

John Shirreffs has never won a Belmont Stakes race.