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Triple Crown hopeful American Pharoah is Belmont favorite

Kentucky Derby and Preakness Stakes winner American Pharoah nips at his groom's hat during a bath after working out at Belmont Park, Wednesday, June 3, 2015, in Elmont, N.Y. American Pharoah will try for a Triple Crown when he runs in Saturday's 147th running of the Belmont Stakes horse race. (AP Photo/Julie Jacobson)
Kentucky Derby and Preakness Stakes winner American Pharoah nips at his groom's hat during a bath after working out at Belmont Park, Wednesday, June 3, 2015, in Elmont, N.Y. American Pharoah will try for a Triple Crown when he runs in Saturday's 147th running of the Belmont Stakes horse race. (AP Photo/Julie Jacobson) Kentucky Derby and Preakness Stakes winner American Pharoah nips at his groom's hat during a bath after working out at Belmont Park, Wednesday, June 3, 2015, in Elmont, N.Y. American Pharoah will try for a Triple Crown when he runs in Saturday's 147th running of the Belmont Stakes horse race. (AP Photo/Julie Jacobson)

NEW YORK (AP) – American Pharoah has been made the early 3-5 favorite to win the Belmont Stakes and become horse racing’s first Triple Crown winner in 37 years.

The Kentucky Derby and Preakness winner drew the No. 5 post position for Saturday’s 1 ½-mile race at Belmont Park. Fourteen horses have won from there, and trainer Bob Baffert says he’s pleased with the position.

Frosted drew the No. 6 post and was installed as the 5-1 second choice at the draw Wednesday. He finished fourth in the Kentucky Derby and is based at Belmont Park.

Materiality is the 6-1 third choice and will break from the No. 8 post on the far outside. He was sixth in the Derby and has never run at Belmont, but he trains there.

Mubtaahij ended up on the rail in the No. 1 post. He was eighth in the Derby and skipped the Preakness.