Everyone who watched the Belmont 40 years ago will never forget Secretariat's race that day. He had already won the Kentucky Derby and the Preakness; this was his bid for the Triple Crown, and he was so good that few owners wanted to enter their horses against him in the Belmont - that's why there were so few racing that day. The track didn't even take "show" bets, and it's an interesting (?unique) anomaly that Secretariat was so favored by bettors that
he would have paid more to show ($2.40) than he did to win ($2.20).
Over 5,000 winning tickets were never redeemed because the holders valued them more as souvenirs than for their cash value.
And to this day his speed for 1.5 miles has never been equaled. Even if you have no interest in thoroughbred racing per se, you owe it to yourself to watch this 3-minute clip to see one of the iconic moments in the history of sport.
Reposted from 2013.
Addendum: A tip of the blogging hat to reader demenace07, who offered
this link with more information about the economics of uncashed winning tickets for a more recent race:
Some enterprising horse bettors are selling their tickets on eBay, where such tickets are selling for $20 to $30. Other sellers bought up many of the cheapest Belmont Stakes gambling tickets. One seller is selling a lot of 500 such tickets. Another is selling 150 tickets in a lot.
Tickets for the Triple Crown wins of Secretariat (1973) and Seattle Slew (1977) sold for big money on the collectors market.
Rovell said that the tickets are simply worth more to collectors than the cash-in price. He said, “Whether you want to keep it for your memory or resell it, it’s worth ten times more than if you cash it in. So people are making good bets.”
Reposted again in 2026 because I found it while looking for other stuff. I don't follow or even enjoy watching horse racing, although I did see some dressage events during my years in Kentucky, but this race is so iconic that it's worth preserving here in the blog.