Jody Demling has revealed his win, place and show Belmont Stakes betting picks for the Belmont Stakes 2025, including Sovereignty and Journalism

No. 7 Journalism (8-5) and No. 2 Sovereignty (2-1) are essentially co-favorites to win the race, and their combined implied probability suggests that one of these horses will win the Belmont Stakes 72 percent of the time.

The 1.5-mile race will feature racehorses Sovereignty and Journalism, the winners of the 2025 Kentucky Derby and Preakness Stakes, respectively. Journalism had been the odds favorite (4-1) heading into the Derby, while Sovereignty entered the race at 9-1 odds, but Sovereignty gained the edge in the final moments on the muddy Churchill Downs track.