Frac Daddy, owned by Carter Stewart and Ken Schlenker of Magic City Thoroughbred Partners of Billings, drew the inside No. 1 post position for Saturday's 145th running of the Belmont Stakes in New York.
The draw for the 14-horse field was conducted on Wednesday morning. The 1 1/2 mile race -- which is the third leg of horse racing's Triple Crown races -- will be held at Belmont Park in Elmont, N.Y.
The 14 3-year-olds entered makes this the largest Belmont field since 1996. The purse is $1 million, with $600,000 going to the winner.
The Kentucky-bred Frac Daddy was given 30-1 odds of winning. He wasn't officially entered into the race until Monday, and arrived at Belmont Park on Tuesday.
Stewart said he was "very happy" with drawing the No. 1 slot, but he added that Scott Lindell, owner of the Won $800 Casinos in Billings and an "astute" race handicapper, told him that post position doesn't really matter too much at the Belmont because the race is so long.
"That may be the case, but it's the winningest (post) position in Belmont history, and hopefully we can keep that going," Stewart added.
Kentucky Derby winner Orb drew the No. 5 post and is the morning-line favorite at 3-1. Revolutionary, which will start from the No. 9 gate and was third in last month's Derby, is second at 9-2.
Preakness winner Oxbow drew the No. 7 post and has 5-1 odds of winning. Derby runnerup Golden Soul will begin from the No. 14 gate with odds of 10-1.
Post time for the Belmont Stakes is 4:36 p.m. (Mountain time). The race will be televised nationally on NBC.
Frac Daddy placed 16th out of the 19 thoroughbreds in the Derby on May 4. He started from the outside No. 18 gate at Churchill Downs in Louisville, Ky.
The gray colt, who didn't run in the Preakness on May 18, is trained by Ken McPeek of Kentucky and will be ridden by Alan Garcia.
McPeek was also pleased about Frac Daddy being on the rail.
"We're sending from the inside," he noted at a press conference. "Absolutely. He needs to be near the front. We're sending."
This will be Frac Daddy's eighth career start. He has one win, along with three seconds.
Garcia was aboard for one of those seconds during a maiden race at Belmont Park last October.
Frac Daddy shares the longest odds at the Belmont Stakes along with fellow 30-1 shots Giant Finish (No. 4) and Midnight Taboo (No. 8).
Trainer Todd Pletcher has five horses entered, including Revolutionary and Unlimited Budget, who will attempt to become the fourth filly to win the Belmont.
Unlimited Budget, with Rosie Napravnik riding, is at 8-1 odds.