The first set of odds have been released for the 2012 Belmont Stakes since the announcement that I'll Have Another has been scratched from Saturday's race. The new favorite is Dullahan who comes in at 9/5 odds, followed by Union Rags at 3/1 and then Paytner at 7/2.

The majority of the betting had previously been on I'll Have Another, but since they are no longer running, and no more possibility of a Triple Crown winner it will be interesting to see where the betting public decides to place their money.

Here are the latest odds:

1-Street Life, 8/1
2-Unstoppable U, 20/1
3-Union Rags, 3/1
4-Atigun, 15/1
5-Dullahan, 9/5
6-Ravelo's Boy, 30/1
7-Five Sixteen, 30/1
8-Guyana Star Dweej, 30/1
9-Paynter, 7/2
10-Optimizer, 15/1
11-I'll Have Another, Scratched
12-My Adonis, 15/1

For more on the Belmont Stakes and the race for the Triple Crown, stay with thisStoryStream and check out SB Nation's horse racing blog And Down the Stretch They Come. There, you'll also find a beginner's guide to following horse racing and a glossary of horse racing terms.