As Belmont gamblers tried to find value with nearly four hours to go before American Pharoah went for a Triple Crown, movement in the betting odds was minimal, at best.
American Pharoah stayed exactly where his morning line odds had been set, 3-5.
The only murmur of collective dissent for the American Pharoah victory bid seemed to be about Frosted, the Kiaran McLaughlin-trained horse, who went from 5-1 down to 9-2.
Gamblers seemed to take notice of McLaughlin’s recent run of winning at a 35% rate out of his barn. They really took note when his Wedding Toast knocked off the heavily favored Untapable in the $1-million Ogden Phipps Stakes in the fifth race on the Belmont Day card.
The biggest wagering move seemed to be for Frammento, trained by veteran Nick Zito and ridden by another veteran, Mike Smith. He went from 30-1 and the longest shot in the field to 19-1, but still the longest shot in the field.
As of 1:50 p.m. PDT, the Belmont field odds, followed by their morning line odds, were as follows, with post positions in parentheses: (1) Mubtaahij, 15-1/10-1; (2) Tale of Verve 18-1/15-1; (3) Madefromlucky 13-1/12-1; (4) Frammento 19-1/30-1; (5) American Pharoah 3-5/3-5; (6) Frosted 9-2/5-1; (7) Keen Ice 15-1/20-1; (8) Materiality 7-1/6-1.