Just like other forms of sports betting, the best online horse betting websites provide bettors with an unbridled experience with many opportunities to make picks on the best steeds in the business. Because of the immense popularity of playing the ponies, sportsbooks usually have an entire section devoted to it. Online horse racing bets allow you to get in on all of the excitement of the races from your own home, while still feeling like you’re in the stands of Gulfstream Park.
Whether you’re betting on Triple Crown events or want to make bets on whatever’s going on daily at different horse racing tracks, it can be hard to know which sportsbook to choose. Consider Odds Shark your lucky horseshoe because this page will show you which sites are the top U.S. betting sites for horse racing, what to look for in an online racebook, online horse betting reviews, and how to understand betting on horse racing odds.
We do not endorse or provide opinions on sports betting operators in your region
Online Horse Betting Sites Checklist
When we evaluate the best racebooks – aka sportsbooks for horse betting online – we look at everything from how they display on mobile devices to their free bet offerings. The racing sites that we recommend have everything on our list.
Deposits And Withdrawals
Before you loosen the reins and make your bets, you’ll need to fund your account. This is easily done with credit cards (AMEX, MasterCard, Visa), e-wallets (Neteller, PayPal, Skrill), debit and cryptocurrency (Bitcoin, Litecoin).
When you win big like Seabiscuit, you can withdraw your funds or leave them in your account to bet with in the future. Some sites let you collect your money using the same method you used for deposit. Others will mail you a paper check or e-transfer your loot. The time it takes to get your money can range from a few hours to a few business days, unless you use Bitcoin, which is instantaneous.
Bonuses And Customer Service
There’s no such thing as a risk-free bet, but there are free bets. The racebooks we recommend like to reward their bettors with a stable of extras. When you sign up for these sites, you’ll be offered a welcome bonus.
This will match your initial deposit up to a certain percentage. For example, if you were to add $300 to your account and got a bonus of 50 percent, you’d get an additional $150 to play with. Some racebooks may offer you free bet credits upon signing up so you can make free picks. Rewards like this will help you grow your bankroll and help enhance your overall online gambling experience.
We believe you should look a gift horse in the mouth and take advantage of the rewards offered. However, you should read the terms and conditions associated with each offer. There may be certain requirements that must be met before you can claim your bonus such as inputting promo codes.
In terms of customer service, the racebooks we recommend provide their clients with contact options available 24-7, like email, phone and live chat. Should something go wrong with your account, you want to get it resolved quickly.
Online Horse Betting: Triple Crown Odds And More
The horse racing gambling sites we mention here are studs providing action on all the big races like the Kentucky Derby, Preakness and Belmont Stakes. You’ll also see odds for the Breeders’ Cup, events at Santa Anita and pretty much any other competitions on the schedule throughout the year.
The first Triple Crown race every year is the Kentucky Derby held at Churchill Downs, where you can begin a long season of wagering on legal horse racing online betting sites. The Preakness Stakes follows at Pimlico Race Course, and the Belmont, held at Belmont Park, is the final race of the Triple Crown.
Smartphones, Tablets And Compatibility
Unless you have the luxury of attending the Derby or have an OTB in your neck of the woods, you’ll likely be betting from your mobile phone from a mobile browser or horse betting app. Our favorite racebooks with horse racing betting apps are easy to use on any device. They are compatible with Apple and Android products and you get the same betting experience whether you’re using your laptop, desktop or hand-held device.
Online Horse Betting Options
When it comes to horse racing betting online, there are many betting types you can make. Each one offers an exciting chance to win big bucks at the top horse racing betting websites of your choice.
Win, Place, Show
Similar to the moneyline in other sports, win, place, show bets when making your racing picks let you bet on one horse over the others. The difference between a straight-up bet in racing vs one for football is you can choose a charger to win, come in second (place) or third (show). In the NFL, you can’t pick a team to finish second – although, it would be nice.
With so many horses to choose from, it can be hard to pick one to bet on. A matchup bet narrows down the field, giving you the chance to choose between two horses instead of every single one in the race. To make this kind of bet, you need to decide which of the two stallions will finish ahead of the other. It doesn’t matter if either horse wins the race, it only matters if they beat the other one.
A futures bet requires you to pick a Sportsbook weeks or even months before the race takes place. This is akin to betting on a potential Super Bowl champion in October and having that squad actually win the big game in February. If you can correctly forecast which horse will take a Triple Crown event before it happens, such as betting a Kentucky Derby future, you could see yourself the proud owner of a huge payout.
Pick 3, Pick 4, Pick 6
In the same vein as a parlay, this is a group of racing bets. A Pick 3 requires you to select the Sportsbook of three races in a row, while a Pick 4 requires you to predict four successive Sportsbooks. A Pick 6 is for the more advanced bettor because you need to guess the outcome of six consecutive races.
For novices, we suggest making a daily double bet. The stakes aren’t as high with this kind of wager since you only need to pick the Sportsbook in two sequential races. Once you get more familiar with horse bets online, you can move on to harder bets.
To place an exacta bet, you will need to predict the top two finishers in a race in the correct order. A more sophisticated version of this bet is a trifecta in which you’ll need to guess the first-, second- and third-place horses in the right order.
You can also make a quinella bet that requires you to select two horses to finish first and second. Unlike the exotic bets mentioned above, you don’t need the horses to finish in the precise order, thus lowering the stakes.
With so many websites for horse race betting online jockeying for your business, it can be hard to determine which one to choose. If you select any of the best horse betting sites from our list, you’re getting a thoroughbred.
Horse Racing Betting Sites FAQ
What Is The Best Online Horse Racing Betting Site?
The best online horse racing betting sites are Sportsbook and Sportsbook. There are a number of horse racing betting sites online, but we believe these two are at the top of that list. With races available daily, these racebooks are ideal for both novice bettors and experienced bettors looking for a simple and fun wagering experience.
Do Horse Racing Betting Sites Let You Watch The Race Online?
Yes, there are many online horse racing betting sites that will let you watch the race online. In most cases, horse racing betting sites online will offer the ability to watch any horse racing event directly from their site or you’ll be able to watch the horse race through an app.
Do Online Horse Racing Betting Sites Use Fixed Or Parimutuel Odds?
Most online horse racing betting sites use parimutuel odds. Fixed odds don’t change once a bet has been made. If you wager on a horse that is listed at 10 to 1 to win, then those are the odds you get. Parimutuel odds are always changing right up until the start of the race.