Aside from the prestige of capturing the final leg of the Triple Crown, there's a huge financial reward for winning the race and Palace Malice earned his handlers a great payday.
With a total purse of $1 million, there's a reason the race is considered one of the greatest high-stakes races of the season.
Not everyone can be a winner, though. Only five horses in the 14-horse field came away with prize money, but those who did were well-compensated for their efforts. Trainer Todd Pletcherhas to be especially happy as he landed two horses in the money.
Here's a full breakdown of the earnings from Belmont park via TheTripleCrown.com.
|1||12||Palace Malice||Mike Smith||Todd Pletcher||$600,000|
|2||7||Oxbow||Gary Stevens||D. Wayne Lukas||$200,000|
|3||5||Orb||Joel Rosario||Shug McGaughey||$110,000|
|4||6||Incognito||Irad Ortiz Jr.||Kiaran McLaughlin||$60,000|
|5||9||Revolutionary||Javier Castellano||Todd Pletcher||$30,000|
|6||13||Unlimited Budget||Rosie Napravnik||Todd Pletcher|
|7||3||Overanalyze||Johh Velazquez||Todd Pletcher|
|8||11||Vyjack||Julien Leparoux||Rudy Rogriguez|
|9||14||Golden Soul||Robby Albarado||Dallas Stewart|
|10||10||Will Take Charge||Jon Court||D. Wayne Lukas|
|11||4||Giant Finish||Edgar Prado||Anthony Dutrow|
|12||8||Midnight Taboo||Garrett Gomez||Todd Pletcher|
|13||2||Freedom Child||Luis Saez||Tom Albertrani|
|14||1||Frac Daddy||Alan Garcia||Ken McPeek|
*Results provided by NBC's telecast of 2013 Belmont Stakes
The horse's handlers aren't the only ones that have something on the line at the race track, though. The Triple Crown is always a highlighted event on a bettors calendar and backers of Palace Malice certainly enjoyed the race.
Orb and Oxbow came in as betting favorites after their performances in the Kentucky Derby and Preakness Stakes respectively and those that went the more conventional route were paid rather handsomely as well.
Here's the full payouts for the top three finishers.
Exacta ($2 bet): 12-7, $323.50
Trifecta: 12-7-5, $931.00
Superfecta: 12-7-5-6: $20,602.
While Orb and Oxbow were proven commodities heading into the race, Palace Malice's performance was the story of the day. According to ESPN Stats & Info his 12th place finish in the Kentucky Derby was the third-worst finish ever for a Belmont Stakes winner.
Legendary jockey Mike Smith picked up his second Belmont victory. A feat that showed once again that he's among the best riders in the world and Palace Malice showed all of the potential that Pletcher believed he possessed the throughout the stakes races.