Trusted Horse Racing Betting Sites in 2024 – Top Online Racebooks
Horse racing betting is one of the oldest forms of sports betting, dating back to the 1600s. In the present betting industry, betting on horse races has been a trend, and many bettors opt for it. Check out our top picks for the best horse racing betting sites with huge welcome bonuses, payment methods, live betting markets, and much more.
Before starting to play on any horse racing sportsbooks to bet on races, it’s crucial to compare the platforms and their product offerings. We aim to provide a detailed horse racing betting site odds comparison, along with information on welcome bonuses, payout speed, and minimum deposit and withdrawal limits, all in a table format. These factors can significantly impact the overall betting experience, making it easier to find the best platform for your needs.
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List of Best Horse Racing Betting Sites in 2024
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- BetOnline – Safe Horse Racing Betting Site
- BetUS – Horse Racebook With Best Live Gambling
- SportsBetting.ag – Wide Selection of Horse Races
- MyBookie – Legit Sportsbook to Bet on Horse Racing
- Bovada – Varied Choices of Horse Race Types
- Jazz Sports – Overall Great Betting Site
- xBet – Secure and Licensed Platform
- BUSR – Live Betting Platform for Players
- Looselines – Offer Great Bonus Deals to Players
- Nitrobetting– Legal Bitcoin Betting Site
Lets’ dive deeper into the top 3 horse race betting sites with their quick review:-
1. BetOnline – Best Fixed Odds on Big Horse Races
BetOnline is known for its long-term experience in the gambling market. It has an abundance of horse racing competitions with great fixed odds for the bettors to place their bets and win huge. Here’s a complete BetOnline.ag review, where you can know the platform’s payment modes and fast payouts.
| Licensed From | Welcome Bonus | Live Streaming | Horse Racing Promotions | Mobile Betting App |
|---|---|---|---|---|
| Panama | 50% Upto $1,000 on First Deposit |
2. BetUS – Horse Racebook With Great Bonuses
BetUS is one of the most famous horse racebook providers. It offers generous welcome bonus offers with other bonuses inlined for existing players too. Players can find huge coverage of racing opportunities worldwide, that includes pari-mutuel betting & fixed-odds futures. Take a look at our BetUS review to learn about the odds and live betting options in detail.
| Licensed From | Welcome Bonus | Live Streaming | Horse Racing Promotions | Mobile Betting App |
|---|---|---|---|---|
| Curacao | 125% on First Deposit |
3. SportsBetting.ag – Huge Horse Bets & Odds
SportsBetting.ag caters to bettors all over the globe with the best betting experience. The best thing about the platform is the welcome offers given to new members. Also, they have the best coverage of horse races and easily navigable live sports on both desktop and mobile betting platforms, as per the latest SportsBetting.ag review.
| Licensed From | Welcome Bonus | Live Streaming | Horse Racing Promotions | Mobile Betting App |
|---|---|---|---|---|
| Curacao | 125% on First Deposit |
4. MyBookie – Great Horse Race Tracks Options
MyBookie.ag is one of the best online sportsbooks and casinos that cater to players by offering various sports betting options and casino games. It offers a stunning welcome bonus for its new players. Find more about the platform by reading our MyBookie.ag review.
| Licensed From | Welcome Bonus | Live Streaming | Horse Racing Promotions | Mobile Betting App |
|---|---|---|---|---|
| Curacao | 50% of your 1st deposit in free play |
5. Bovada – Best for Live Betting on Horses
Bovada, launched in 2011 is a casino and sportsbook platform with an easy-to-use user interface. Bovada is famous for its various betting competitions and also the alluring bonuses offered associated with it. Know more about its other offerings by visiting our Bovada review.
| Licensed From | Welcome Bonus | Live Streaming | Horse Racing Promotions | Mobile Betting App |
|---|---|---|---|---|
| No License | 50% Sports Bonus up to $500 |
Is Online Horse Racing Betting Legal?
Betting on horse races is now legal in many parts of the world. Many countries like the US, UK, Australia, Ghana, Mexico, Nigeria, and South Africa have no restrictions on horse racing betting. People interested can visit online horse race betting sites with a legal license from the appropriate government authorities and place one among the different bet types at major events for huge profits.
How We Rate Best Horse Racing Betting Sites?
With horse racing betting being the top pick of bettors among other sports, many top horse racing sportsbooks got the opportunity to shine in the market.o Choosing one among the many best sites online is a tough job. Check out our top picks here, as we have reviewed the best horse racing betting sites based on many parameters like the registration process, user-friendly interface, deposit methods, betting options, banking methods, customer support, and more.
Safety, Security & Licensing
For any online gambling site, safety and security measures are paramount. Privacy is essential throughout the gambling process and beyond. You should pick among the best horse racing betting sites licensed and regulated by governments or gambling authorities on which you can wager responsibly.
Easy Sign-Up Process
A smooth sign-up process is key to attracting new customers. The horse race betting online platforms must have an easy sign-up process that can be completed within a few minutes.
User-Friendly Interface and Easy Navigation
Be it an online horse betting site or an app, our picks fully focus on a user-friendly interface. The chosen legal horse racing site must have easy and smooth navigation, as delays and confusion should not meddle in your online gambling experience.
Industry Reputation
The opinions of horse racing bettors matter a great deal in the judgment process. Players must choose a legal horse racing betting site with a positive industry reputation. The site should garner excellent reviews and positive feedback from new customers.
Sign-Up Offers and Other Lucrative Bonuses
You can bet on multiple best horses online and win numerous bonuses. When a new player registers on the horse racing betting site, many types of welcome bonuses are offered before they start to play. These welcome offers include free bets, cashback, etc. Also, after every play, the new and existing customers get different best horse racing bonuses like deposit bonuses, reload bonuses, free bets, promotions, and odds in the rewards program, letting them place bets for less.
Coverage of Horse Races and Events
Huge coverage of popular races should be included in horse racing betting sites like consecutive races, maiden races, stakes races, big races, allowance races, claiming races, back-to-back races, etc. The more, the merrier stands for the events as well at horse race betting sites. Gamblers need a wide competition collection to pick their favorites and start betting on horse races online.
Markets Offered
There are many betting markets in the horse racing industry. The most common markets are win, place, and show. You bet on a horse to come first in the race in the win market. In a place market, you bet on a horse to come first or second in the race. And in a show market, you bet on a horse to come first, second, or third in the race.
Multiple Payment Options & Fast Payouts
Many online best horse betting sites offer players various payment options for deposits and withdrawals like bank cards(debit & credit cards), wire transfers, e-wallets, and cryptocurrencies. Players can make a minimum deposit and start playing instantly. Also, related to withdrawal, a fast payout system is crucial for smooth functioning. You should ideally pick platforms with a fast payout system to get your wins quickly.
Excellent Mobile Betting Experience
With the mobile betting market in trend, the bettors opting for horse racing betting need to evaluate if their chosen best online betting site provides a mobile device-friendly platform or a betting app or not. Multiple legal horse betting sites now provide the best mobile app to download on both iOS & Android phones.
Exciting Loyalty Schemes
Your loyalty to a horse betting site will bring you rewards along the way. The sites have schemes at loyalty programs to treasure long-term and active gamblers, giving them extra added benefits and rewards.
Exceptional Customer Support
Horse race wagering platforms must have responsive and flexible customer support. The best platforms offer professional and friendly customer service via email, live chat, or phone if you have problems with your account.
Getting Started With Horse Racing Betting
When gamblers bet their money, they’re looking for a betting site that is safe and legal. Online wagering involves risk, but you can certainly mitigate it with strategies. When selecting a horse, look at its past performance and win bets in no time. Online horse racing uses a pari-mutuel betting system, which means that the public bets against other participants rather than the house, unlike regular sports betting, where the pregame horse racing odds are fixed.
You will also find exotic bet types for popular races online, like Kentucky Derby, Santa Anita competition, and other racetracks. The racetrack is the first place you will see on your desktop or mobile betting app to place racing bets. Many sites also offer virtual horse racing betting options for bettors who want to try their luck on virtual games.
Bonuses and Promotions Offered by Horse Racing Sports Betting Sites
When placing your bet on horse races online, an important factor is the bonuses the sportsbook offers to the bettors. Many online best-betting sites for horse racing offer over-the-top bonuses and promotions with many added benefits. Existing or new players can use the bonus, promo code, and other offers before the race starts. Here are some of the best bonus offers at the horse race betting sites:
Deposit Match
One of the most popular ways to bet on horse races is to bet on a horse that is matched with a deposit. A deposit match is when you bet on a single horse, and the horse wins; with this, you get your original bet back plus an extra amount of money. This is a great way to win money, as you are doubling your money without any risk.
Free Bets
On sports betting sites, free bets are a great way to encourage new gamblers. The online app also rewards bettors with these bets to play and win huge rewards.
Risk-free Bets
A risk-free bet is a bet you can make without the risk of losing your money. This type of bet is usually offered by online casinos and sportsbooks as a way to attract new customers. This promotion or application of promo code, if any, will help the bettor cover if the first wager goes wrong.
Money-Back Offers
There are also money-back offers on horse race betting sites. This can be a great way to bet on a horse you are unsure about. When you are betting on a horse race, read the fine print on any money-back offers. Some offers may only be valid if you bet on a certain horse. Others may only be valid if you bet on a certain race. Ensure you read the terms and conditions of any money-back offers before you bet.
Price Boost Offers
Price boost offers can give you a lift in your winnings if you place a winning bet.
Popular Horse Racing Bet Types
You will get many types of wagers in a horse race. Below are some of the listed wagers you need to know before getting started with any online horse racing betting sites:-
Straight Horse Wagers
A straight wager is a bet on individual horse results. The most common types include win, place, or show.
- Win: It includes betting on a single horse to win the race.
- Place: It includes betting on a single horse to win 1st or 2nd place.
- Show: It includes betting on a single horse to win 1st, 2nd, or 3rd place.
Multi-Horse Wagers
Multi-horse wagers mean placing a bet on multiple horses. These include:-
- Exacta Bet- An exacta bet is a wager in which you pick the 1st and 2nd place finishers in a horse race in the correct order.
- Trifecta Bet- A trifecta bet is similar to the exacta wager, with the only difference of picking all three horses in the correct order.
- Superfecta Bet- A superfecta bet is a wager in which you correctly pick the first, second, third, and fourth-place finishers in a horse race.
Exotic Bets
Exotic bets are more complicated than straight bets. In an exotic bet, you must make multiple picks that include more than one horse and maybe more than one race.
Exclusive & Big Horse Races to Bet Online
The following are the diverse races available in horse racing betting markets. Choose the best race type to your taste and strategies to secure the win for your pocket.
Maiden Race
The maiden race is the first race a horse runs in its career. For many horses, the maiden race is an opportunity to prove themselves and earn a place in future races. The maiden race is also a good opportunity for owners and trainers to see how their horse stacks up against others in its age group.
Claiming Race
A claiming race is a horse race type in which the horses are all for sale at a specified claiming price until shortly before the race. In the hierarchy of horse races, based on the quality of those that compete, claiming races are at the bottom, below maiden races.
Stakes Races
A stake race is a type of horse race in which the prize money is put up by the owners of the horses taking part. This makes it different from a purse race, where the prize money comes from the racecourse or sponsorship. While stake races can be very exciting for spectators, they can also be very expensive for the owners of the ponies because they have to put up the prize money themselves. So, they need to be confident that their horse has a good chance of winning.
Allowance Races
When runners compete in a race for allowance runners, they do so for a larger pay than they would in a maiden race. Conditions like not winning three times in a lifetime are typically present in these contests. Generally, they are used at other wagering sites for horses who have broken their maidens but aren’t quite ready for stakes company.
Popular Online Events at Horse Racing Betting Sites
The type of racetrack is an important element for you to consider while betting on top sportsbooks. The chosen horse racing betting site must offer popular events for bettors to bet on. Be it a single horse, two horses, or three horses, there’s always a chance that your bet wins the finish line. Online sportsbooks have many tracks and competitions like the Breeder Cup, Travers Stakes, Pegasus World Cup, Preakness Stakes, Kentucky Derby, and more. Check out the detailed view discussed below:-
Kentucky Derby
Wagering on Kentucky Derby has always been popular. As the name suggests, this horse race betting happens in Kentucky, USA. It holds Grade One horse breed stakes races. It is an annual event that happens in Churchill Downs. Churchill Downs is a specific race complex and has been open since 1875.
Preakness Stakes
On Armed Forces Day, the event Preakness Stakes is held each year on Pimlico Race Course in Baltimore, Maryland. The total is 1.5 million USD, and the surface type of the track is dirt. The horses are American thoroughbreds that must be at least 3 years old.
Belmont Stakes
The city of the Statue of Liberty, New York, also hosts the Belmont Stakes. The track is left-handed, and the purse money is 1.5 million dollars.
Breeders Cup
The Breeder’s Cup is hosted by the company Breeder’s Cup Limited. The company was founded in 1982. Initially, the event was a single-day event with people from different states participating, but in 2007 it turned into a two-day event.
Kentucky Oaks
Churchill Downs hosts the Kentucky Oaks the day before the Kentucky Derby every year on Friday. It is a left-handed racetrack, and the purse value is 1.25 million dollars.
Travers Stakes
Mid-Summer Derby is the nickname of Travers Stakes, and it ranks third in the American race. Due to the presence of Triple Crown winner American Pharoah, the purse for the 2015 renewal was raised to $1,600,000.
Pegasus World Cup
The Pegasus World Cup is a lucrative opportunity for owners and trainers of Thoroughbred horses. It was introduced in 2017 as a part of 1/ST’s mission to excite, energize, and modernize racing for a new generation of horse racing fans. The purse value is higher than any mentioned above and is 3 million dollars.
How to Bet on Horse Racing Effectively?
Unfortunately, it is not guaranteed by any sportsbooks online that following certain tips and tricks can make you win big. However, players can still take a chance to follow them and see progress in their horse racing betting.
Do your Research
Much information is available regarding horse races, tracks, and online sportsbooks. Players placing horse wagers must research the basics and ensure that their picks are positive in terms of features like horse racing odds, form, trainer, quality, and post position.
Jockey Experience
Players opting to bet on horse races must check the experience level of the jockey riding the horse and track the tricks they followed in the previous matches.
Check the Horse Age
The age of the horse matters because, just like humans, old age tends to slow down animals as well. Check the horse’s age to place better bets along with past performances.
Horse Distance
The distance the horses have to cover should be considered in your strategies. Long-distance races may involve many ups and downs, while short-distance races can be quick and pluck your chances to win.
Track Your Progress
Players betting on horse racing sites must regularly look at the bet history to see where they have succeeded and need improvements. This step will allow players to see what types of bets and markets have heeded returns.
Common Terms Used in Horse Racing Betting
Many terms and unique acronyms are associated with betting on horses. Listed below are the few commonly used terms used at various top horse racing betting sites with their key definitions:-
Classes and Grades – One of the most important things to understand is the concept of classes and grades. In horse racing, “class” refers to a horse’s quality or ability. The higher the class, the better the horse.
The term “grade” refers to the level of competition in a race. There are three horse race grades: Grade I, II, and III. Grade I and II races are the most prestigious and difficult to win. Grade III races are the least prestigious and easiest to win.
Flat – Flat betting is when you bet the same amount on each race. So, if you’re betting $10 on each race, then you’re flat betting. This can be a good way to approach horse racing betting if you’re new to the sport or trying to stay within a budget.
Form – It is the energy of the horse and the jockey that is judged. It is an important sign to gamblers as a lot can be predicted by the vibe of the horse and its jockey.
Inquiry – The stewards of the race conduct an official investigation to determine if foul play happened by a jockey.
Marathon – Marathons are long races and have many laps to cover. The long journey by the ponies pulls up many interesting twists and turns to the race.
Overlay – Professional bettors target bets that offer better than fair value odds, meaning they target overlays.
Race Card – In online sports betting of horse racing, you will also find the schedule of the races on the racecards.
Runners and Riders – The runners and riders symbolize the horses and jockeys in the competition. The powerful duo is where you take your wagers for a ride.
Handicap – Handicapping determines which horse has the best chance of winning a race. It’s not an exact science, but certain factors can give you an edge. One of the most important factors in handicapping tools is the horse’s past performance, which includes the horse’s race results, workout times, and other factors.
Blinkers – Regarding horse race betting, blinkers can make a big difference. These devices are placed on a horse’s head and help to keep them focused on the track ahead. While they don’t necessarily make a horse run faster, they can help to prevent them from getting distracted and veering off course.
Online Horse Racing Betting on Mobile
Several excellent horse race betting apps are available, making it easy to place bets on your favorite horses. Some are more user-friendly than others, while few have better odds. However, some features are common to all good horse racing betting apps and attract many users. Through these horse betting apps, you can usually bet on races with just a few taps of your mobile phone, which is very convenient when you are on the go.
Another great feature of these mobile apps is that they provide live odds. This means that you can see how the odds are changing in real time, which can help you make more informed betting decisions from the comfort of your home.
FAQs
Is Betting on Horse Racing Safe?
Yes, it is safe to bet on horse racing online if you use a licensed betting platform. Many countries have now legalized horse racing betting sites, and players must ensure their jurisdictions’ legality before starting to place horse bets.
How Can I Bet on Horse Racing?
Pick one from the best horse race betting websites and sign up to place bets. Check the past performance and the odds of the horse you are betting on.
Which Are the Best Horse Racing Betting Sites?
The best online betting sites for horse racing are:
BetOnline
BetUS
SportsBetting.ag
MyBookie
Bovada
Jazz Sports.
What Are the Most Famous Horse Racing Events?
There are many events hosted at various horse racing betting sites. Kentucky Derby, Breeder’s Cup, Belmont Stakes, and Kentucky Oaks are some of the major horse racing events.
What Are the Common Bets Used for Betting on Horse Racing?
You can place many different types of bets at the best horse racing betting sites. These include race winner, exacta, trifecta, and a few others.
Can I Place Horse Bets Using My Mobile Device?
Yes, players can opt for horse racebooks through mobile-friendly websites or the app accessible on Android and iOS.