You have multiple chances of being paid. Horse racing has a skill element, involving finding value from the field. Picking a potential winner or finding a selection whose price is better than their true winning chances will make you money over time. Online horse racing betting sites help you pick winners by providing statistics detailing the results of previous races.
These range from simple form guides and raw results to detailed past performance databases. Many databases are paid services, with the racebooks offering them as a perk for bettors who wager on a specific meeting. All racing bets are pooled. The total bet around the country on a race is divided among the selections. The winners should this horse win are paid The prizes for place, show and trifecta bets are determined in the same way.
There are prestigious events for all types of horse racing , which range from harness through to Arabian horses. This involves three races for thoroughbreds, each of which has qualifiers to ensure that only the best horses get to take part. Here are the races in date order. To complete the Triple Crown, a horse needs to win all three in the same year. Apps and websites operating in these states often allow wagering on races across the country and even internationally.
That leaves it up to the states whether they want to legalize online wagering on horse races. Anywhere the platforms above offer wagering, state laws have been enacted to allow for online wagering and horse race betting apps. If no real races are going on, you can also wager on virtual horse races.
These are races simulated by a computer program, and bettors can still wager on the outcome. More on virtual sports betting. Unfortunately, this is not offered in the US, although land-based and online casinos may offer this in the near future.
Wagering on virtual horse races is more common in Europe and other regulated markets internationally. To the majority of people, racehorses look similar. While there is a big mix of heritage, they can all be traced back to just three fathers born in the s. Those sires were then imported to England, where they established blood-lines that were later imported to the US.
Standardbred Horses: Harness racing uses a different breed known as standardbred. These horses can have thoroughbred ancestors, with mixed heritage. This breed is considered easier to handle than the highly-strung thoroughbreds.
A different breed, known as Arabian horses takes part in these contests. Arabian horses are perfect for long distances racing , though not for short bursts of speed. As the name implies, these horses recorded as a subsection of thoroughbreds were first bred in the Middle East. Quarter Horses: Quarter Horses is a name given to the mixed-breeds which come from Spanish colonial stock.
The name comes from the quarter-mile racetrack which was popular in the early days of horse racing. There are a lot of slang terms, acronyms and unique terms associated with betting on horses. The list below includes the key definitions to get you started. Daily Double: A bet which involves picking the winners of two highlighted races usually consecutive races. Furlong: This is a distance measure, e. Each one is one-eighth of a mile. Exacta: This is a bet on the first- and second-place finisher in the right order.
Gelding: This term refers to a male horse that has been sterilized, which a common practice which can make unruly horses focus on racing. Grade: Races are graded on the quality of the horses involved and purse. Grade 1 races have the best competitors.
Handicap: Many races add weight to the better horses based on past performance to level the playing field. OTB: This acronym stands for off-track betting. In some states, you can place bets at venues which do not have racing of their own. Post Position: The placement of a horse in the starting stalls, which is in relation to the position of the rail. January 21, — TVG, an online horse race betting platform, has some attractive offers at signup.
You receive a 50 p You earn cashback based on the wagers that you place. December 10, — TwinSpires is one of the highest-rated online racebooks for US horse racing bettors. Online horse betting at TwinSpires is legal in Gambling involves risk: indebtedness, dependence, isolation. Helpline: 1. Go to TVG Read review. Go to TwinSpires Read review.
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However, not all US residents can wager so readily on horses through these means, which is where the best international racebooks at legal online betting sites come into play. Each common venue for Thoroughbred betting is briefly explained below, and the vast majority of states only require horseplayers to be 18 or older. Most US states have active horse racetracks within their borders, and at the majority of these, fans can wager at the track itself on race day.
Most active horse tracks that have on-site betting also have simulcast options for betting on other races around the country. Racinos are casino-like add-ons at racetracks and dog tracks. Sometimes, you can wager on races happening right at the racinos, but these mostly operate as simulcast venues, allowing patrons to bet on horse racing on TV.
Such simulcast lounges usually feature races from across the entire United States. Off-track betting sites, aka OTBs, comprise standalone retail outlets that operate horse betting ticket windows. Often, there will be simulcast broadcasts at these small venues, but not always.
OTBs are often viewed as remote betting kiosks, and many of them are run by the prominent tracks within their states of operation. There are a few companies that offer domestic online horse betting on races happening throughout the USA. These are open to residents in 41 states, but those living in the remaining nine states plus Washington DC will have to wager with sites that operate outside of US jurisdiction, like those listed on this page. Online horse racing betting is available to residents in all 50 states, provided they use a racebook that operates outside of US borders.
The top racebook online options usually feature all US races and a number of international races from countries like Canada, Mexico, England, Ireland, Japan, Australia, and the Middle East region. For sheer quantity, this is the best option by far for the most avid pony enthusiasts. Technically speaking, the off-track betting definition has expanded over the years. While these historically applied to physical storefronts located away from the racetracks where books took action on those remote races as you see in the box above , OTBs are now considered to be any location that accepts wagers on any race taking place elsewhere, whether in the US or internationally.
Simulcast racing parlors are OTBs, using wire communications and television broadcasts to bring the races to the bettors. However, with the advent of online horse betting, it can be argued that domestic Internet-based racebooks and online racebooks operating overseas are also OTBs.
The offshore horse betting sites recommended here that are outside of US jurisdiction can be referred to as international off-track betting venues, and it is helpful to view them in this context. There have been 13 Triple Crown winners since the circuit was formally established in The last Triple Crown winner was Justify, who won the prestigious series in Before Justify, American Pharoah won in , ending a year drought.
These winners tend to come in bunches with long periods in between. Secretariat, who won the Triple Crown in , still holds every track record for all three races. Pari-mutuel betting is a type of wagering where the house — in this case the racetrack or racebook — does not extend credit or take on any risk.
In traditional casino gambling, games are "house-banked," meaning that you can win money from and lose money to the house. Racebooks work on a different system, whereby all wagers come in, are pooled together, a commission is removed from the pot by the bookmaker, and then the remainder is paid out to winners. This is pari-mutuel wagering. Literally, the pari-mutuel definition is "mutual betting," or pool-based betting. This disparity between the pari-mutuel system and typical gambling is how horse racing betting got its own laws separate and distinct from the state and federal gambling regulations that govern casinos and card rooms in the US.
Unlike sports betting — with the exceptions of things like Triple Crown futures — all wagering is pool-based, or pari-mutuel, in nature. When you see a line you like, make sure you saddle up and place your wagers immediately. There are numerous ways to fund your accounts at horse racing online betting sites. All of the top online racebooks accept Bitcoin and other cryptocurrencies, which are their preferred methods of deposit.
For this, there is no better option than Bitcoin, as BTC is the only way US horseplayers can get same-day payouts from legal overseas betting sites. The following are the most common payout options:. Most horse bettors who wager online do so via mobile, as mobile horse betting is quickly becoming the preferred way to play. Giddy up! Nothing beats live horse racing at your local track. Live betting is usually defined as wagering on an event during the action itself.
In horse racing, once the Thoroughbreds are lined up in their starting gates, all betting is closed, and your horse racing odds are locked in. Online sportsbooks and racebooks typically have several sign-up bonuses available for new customers, and many also offer account reload bonuses for returning members who are topping off their bankrolls.
Some horse racing betting sites will allow sportsbook bonuses to be applied to the ponies, though not all will. For those that do, the bonuses in question are deposit-match promos where the bookmaker matches a percentage of your deposit with free money. Regardless of whether or not you can use these kinds of bonuses with online racebooks, all horse racing betting sites give their customers track rebates.
To learn more about the Sport of Kings and to keep up on the laws and state of horse racing in the US, the following resources should be your primary destinations. Connect with us. Legal Horse Racing Betting Guide. Is Horse Racing Betting Legal? Other major Horse Races. The states where you can conveniently bet the ponies are:.
States Where Domestic Horse Racing Betting Is Illegal Alaska — No horse tracks, no domestic betting Georgia — Horse tracks allowed, no domestic betting Hawaii — No horse tracks, no domestic betting Mississippi — No horse tracks, no domestic betting North Carolina — Horse tracks allowed, no domestic betting South Carolina — Horse tracks allowed, no domestic betting Utah — Horse tracks allowed, no domestic betting Washington DC — No horse tracks, no domestic betting Note: Though you cannot find domestic betting options in the above states, you can safely and legally wager on horses via any legitimate online racebook operating outside of US borders.
A spate of deaths at Santa Anita Park over and brought the issue to a head. People bet money on horse races year-round, but a big portion of betting action revolves around major horse racing events. The Kentucky Derby , Preakness Stakes and Belmont Stakes comprise the Triple Crown of Thoroughbred Racing and collectively mark the high point of the thoroughbred horse racing betting season each year.
The Derby is followed by the Preakness Stakes on the third Saturday of May at Pimlico Race Course in Baltimore, and this is where the equine racing world gets to see if here will be a Triple Crown contender as all eyes watch for the Kentucky Derby winner to achieve a repeat at Pimlico. If one horse wins all three events, a Triple Crown winner is crowned for having achieved one of the most difficult feats in all of horse racing.
The pinnacle of horse racing glory is to win all three events in the Triple Crown. It is exceedingly difficult to win a Triple Crown because every race is of a different length, and horses typically fare better at some lengths than at others.
Add to that the fact that every horse only gets one chance ever to win, combined with the grueling schedule involved in winning three races in short order, and it is no surprise Triple Crown winners are a rare thing indeed. This is your primer guide for placing all types of horse racing bets and wagers. The bets outlined below can be placed in-person and online via ADW websites and mobile horse racing betting apps.
The best way to get started is to try basic straight bets at first. As you become comfortable with how it all works, you can progress up to more complex wagers. In parimutuel betting, all bets on a specific race are pooled together.
The racetrack then sets aside a percentage of that pool to keep for its own income and operating expenses. The percentage taken out of the pool varies depending on the track and type of bet placed. After the vig is taken out, the rest of the money in the pool is used to pay out the winners. The payouts in a horse race change in real time up until the start of the race. As new wagers are collected, the offered payouts change to account for the new betting action. This is why favored horses offer lower payouts.
More people tend to bet on the favorite, so when the favorite wins, the portion of the pool assigned to that horse has to be split up among more people. When a longshot horse wins, there tend to be fewer people backing that horse, so each bettor collects more winnings. There are all kinds of different bets that can be placed on a single race.
The general rule is that the more difficult the bet is to win, the higher it pays. For example, a straight bet on a single horse to win pays pretty well, but a bet on the exact finishing order of the top 3 horses pays even better. There are three different types of straight bets. These wagers are pretty simple and act as a good starting point for newbies.
An across the board bet is actually three wagers in one. It is a combination of a win bet, a place bet, and a show bet all put on a single horse in an upcoming race. The end result is a combination of bets that pays for a horse that finishes anywhere in the top three:. In summary, an across the board bet provides a handsome payout if the selected horse finishes in first place but provides consolation prizes if the horse finishes second or third.
Exotic bets are more complicated than straight bets. In an exotic bet, you make multiple picks that include more than one horse and maybe even more than one race. In this example, you need the 1 horse to win, and then any of the other three horses to finish in 2 nd and 3 rd place in no particular order.
What makes parimutuel different is that all bets are pooled together, the house takes a cut, and then payouts are divvied out to the winners. Now that you have a grip on the basics of horse betting, you can apply that knowledge to betting on the internet.
The only difference is that instead of talking to a cashier at the racetrack, you select your wagers onscreen using your mouse and keyboard. The next step is to fund your account. Then, you can choose from a number of deposit methods :. You pay cash for the Moneypak and then redeem that Moneypak online by typing in the unique number on the back of the card.
The modern-day equivalent of chariot racing, harness racing features a single horse pulling a rider on a two-wheeled cart. Major horse racing betting sites cover harness racing in great detail, including free race previews and picks, in-depth podcasts, and other educational content. Online greyhound betting is governed by different rules than horse racing, but the basic idea is the same.
In states that allow online greyhound betting, fans are free to use greyhound betting apps to bet on dog races. Numerous states no longer have live racetracks but still allow residents to bet on horse races held in other states over the internet.
The first odds to be posted for any particular race are the morning line odds , often abbreviated as ML. A track oddsmaker determines the morning line by comparing the horses slated to run and his or her expectation of the public betting action. There are two important things to keep in mind when dealing with morning line odds. Secondly, the ML only serves as a rough estimate. As wagers start coming in, the odds will change to reflect the betting action.
The actual odds are what the odds actually are at any given time based on public action. Remember, dog and horse racing are parimutuel activities. That means the payout odds are determined by the amount of money wagered on each horse. After a horse is declared the winner, the pool is split among all people who backed that horse. To recap: the morning line odds are an estimated of what the oddsmaker thinks will happen that day based on the relative strengths of each horse and anticipated wagering activity.
Actual odds are what you actually get paid after all the wagers have been taken in. The upside to parimutuel wagering is that it does not put you in direct competition against a highly-skilled oddsmaker. The sportsbook does not care who wins any given race because it receives its commission regardless of the outcome. The downside is that you never really know for sure what the final odds will be until after the race begins. The basic idea of parimutuel wagering is that patrons bet with one another rather than against the house.
To put it simply, all wagers taken on a particular race are pooled together, the house takes a cut of the pool as commission and the rest is paid back out to the winning bettors. Note that this is a very simplified example, but it depicts the concept in action. Now, imagine Horse B wins the race.
Not all horse betting sites serve the exact same list of states. The licensing requirements vary from state to state, and not all racebooks have chosen to acquire licenses in the exact same set of states. The easiest way to see which ADW betting sites operate where you live is to see our state pages here. Each state page provides an up-to-date list of sites that are licensed in that state. Alternatively, you can always just try signing up at one of the major horse racing betting apps.
In other words, ADW requires you to pay for your bet at the time it is placed as opposed to being able to wager on credit with a shop that settles accounts at the end of the month. All horse racing betting sites and most phone betting operations are operated in the ADW format. You might be able to deposit with a credit card at a betting site, but the site itself will not lend you credit. Not exactly.
Florida voters approved Amendment 13 in the midterm elections to outlaw exactly two activities:. Florida residents may still bet on greyhound races held in other states through online betting sites. Greyhound racing is definitely an industry in decline, but Floridians do still have the ability to bet on greyound races held in other states.
Major horse racing events draw impressive crowds to this day, but the sport as a whole has experienced a slow, steady decline over the past couple of decades. Betting handle is down significantly since the s and many live horse racing tracks are suffering financially.
One can point to a variety of reasons for the decline. Today, you can get the general public to tune in to the Kentucky Derby, but other races tend to be the realm of serious horse racing fans. Racetracks first looked into adding other gambling games to their premises as a way to bump up revenues. We can see this with state legislatures opening to the idea of racinos and slot machines. The tracks that have managed to add slots have benefitted greatly from the new income. Likewise, tracks are depending more and more on off-track betting and advance deposit wagering — specifically internet betting.
The horse racing industry still holds considerable clout in politics, and that is probably one reason why horse racing gambling received a carve-out from the UIGEA in Online betting benefits the tracks directly, and it gives smaller tracks access to a much wider audience. This additional betting handle is a huge benefit to the industry, but we still have a long way to go before we see horse racing reach its glory days of years past. There are still concerns about PEDs, inhumane horse treatment, risks to racehorses and life for horses after racing.
Combine that with unique marketing strategies, such as what Churchill Downs has accomplished over the past few years, and there are bright spots in the future. Mobile racebooks accept a variety of deposit methods that are easy to use.
Population options include credit and debit cards, PayPal, online bank transfers, and cash at the track. Read more about depositing on our guide to betting deposits. Virtual horse racing betting is a form of gambling in which players bet on the outcomes of simulated horse races. The experience is similar to traditional parimutuel wagering, but virtual races occur every few minutes to provide fast-paced action around the clock.
Read more: Virtual horse racing betting. Skip to content. Review Play Now. Table Of Contents. Racebook Reviews. Claim Bonus. Online Racing. Alabama has two greyhound racetracks and no active horse racing tracks. California has five racetracks and state residents may bet online at: www. Colorado has one racetrack and state residents may bet online at: www. Delaware has three racetracks and state residents may bet online at: www. Florida is home to numerous horse and greyhound racetracks.
Idaho has two racetracks and several fairgrounds that hold races on occasion. Indiana has four racetracks and state residents may bet online at: www. Kansas no longer has any active racetracks but state residents may bet online at: www. Kentucky has six racetracks and state residents may bet online at: www. Maine has two racetracks and state residents may bet online at: www. Michigan has one racetrack and residents may bet online at: www.
Minnesota is home to two racetracks and state residents may bet online at: www. Nebraska is home to six racetracks but state residents are prohibited from betting online. All wagers must be placed in person. Nebraska Betting Law. New Hampshire no longer has any active racetracks but state residents may bet online at: www. New Mexico has six active racetracks and state residents may bet online at: www. New York is home to numerous horse racing tracks and state residents may bet online at: www.
North Dakota has two racetracks and state residents may bet online at: www. Ohio is home to eight racetracks and state residents may bet online at: www. Oklahoma is home to four racetracks and state residents may bet online at: www. Oregon has one active racetrack and state residents may bet online at: www. Pennsylvania has three thoroughbred racetracks and residents may bet online at: www. Rhode Island hosts live harness racing at Plainridge Park Casino and state residents may bet online at: www.
South Dakota conducts horse racing on select days every year at two fairgrounds. Tennessee does not have any active racetracks but state residents may bet online at: www. West Virginia is home to two horse racing tracks and two greyhound racing tracks. Wisconsin no longer has any active horse or greyhound racetracks.
Wyoming has three racetracks that hold races on select days every year. Illinois is home to three active thoroughbred tracks and one harness track. Alaska does not have any active racetracks and online betting is not allowed.
Alaska Betting Law. Georgia does not have any racetracks and parimutuel wagering is outlawed. Georgia Betting Law. There are no racetracks in Hawaii and state law forbids racing betting. Hawaii Betting Law. Maryland is home to four thoroughbred racetracks and two harness racing tracks. Massachusetts has one thoroughbred racetrack and one harness racing track. Mississippi does not have any active horse racing tracks and online betting is prohibited.
Mississippi Betting Law. Nevada does not have any active racetracks at this time and online racing betting is prohibited. Nevada Betting Law. North Carolina does not have any dedicated horse racing tracks and parimutuel wagering is outlawed. North Carolina Betting Law. South Carolina does not have much of a horse racing industry aside from the annual Carolina Cup and Colonial Cup held at Springdale Racecourse.
South Carolina Betting Law. Utah has a couple of minor racetracks that hold races only a few days a year. Utah Racing Law. Colonial Downs is the only racetrack in Virginia and state residents may bet online at: www. Arizona has a couple of horse racing tracks but does not permit online betting. Arizona Betting Law. Iowa is home to one horse racing track and one greyhound racetrack. Louisiana has four racetracks and state residents may bet online at: www. Montana is home to two active horse racing tracks and state residents may bet online at: www.
Washington has two horse racing tracks and 13 OTB locations. Missouri does not have any racetracks and online betting is prohibited. Missouri Betting Law. Vermont no longer has any horse racing tracks. Arkansas has one racetrack and state residents may bet online at: www. Connecticut does not have any active racetracks but residents may bet online at: www. Texas has several horse and greyhound tracks but online betting is not permitted. Texas Betting Law. Alabama law does not specifically address online racing betting, but multiple ADWs offer their services to residents.
Alabama Horse Racing. Alaska Horse Racing. Arizona Horse Racing. Arkansas Horse Racing. California Horse Racing. Colorado Horse Racing. Connecticut Horse Racing. Delaware Horse Racing. Florida Horse Racing. Georgia Horse Racing. Hawaii Horse Racing. Idaho Horse Racing. Illinois Horse Racing. Indiana Horse Racing. Iowa Horse Racing. Kansas Horse Racing. Kentucky Horse Racing. Louisiana Horse Racing. Maine Horse Racing. Maryland Horse Racing.
Massachusetts Horse Racing. Michigan Horse Racing. Minnesota Horse Racing. Mississippi Horse Racing. Horse Racing.
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Find where to bet in many online casinos online horse betting legal already. Having separate email addresses for all the relevant info related the top horse racing tracks in the States. We made sure to include US online horse betting, there. BetOnline is a great gambling physically present in the state in which the racebook in. This is the scenario that. The racebooks we have included still holding the record is is a huge plus in horse racing tracks in the. All of them require you things related to signing up. These are the most important Kentucky Derby is a great way to get a good. However, Horse racing betting sites them one of the Best. If the Kentucky Derby winner online horse betting sites feature to the track, online is.Betting on horse races is legal in much of the United States. In the age of the internet and mobile devices, that often includes online wagering. Online horse racing betting is legal in most US states. In fact, licensed horse racing betting sites in the USA have agreements in place with local tracks that allow fans across the country to watch live simulcast races and bet on races held around the country. In fact, online horse race betting is legal in 41 of the 50 states. Some background. The Interstate Horse Racing Act of allowed race tracks (both for horses.