Sport: How to Bet Smarty

Savvy ways to wager--without getting burned--at the Belmont Stakes

Smarty Jones has seized the hearts, and wallets, of sports fans across America. The Preakness Stakes, which the chestnut colt from Philly won by 11.5 lengths, carried a record $59 million handle, or betting pool, and experts predict a $110 million handle, another record, for the June 5 Belmont Stakes day. Smarty's quest for the first Triple Crown since 1978 is sure to draw casual fans to the betting windows--but don't go into the event with blinders on. Some tips on how to enjoy the race while playing it safe:

AVOID OFF-SHORING Have you received spam from Costa Rican off-track-betting...

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