Ever found yourself caught up in the exhilarating rush of a horse race, cheering on a steed with all your might, and thought, ‘What if I could turn this excitement into a winning bet?’ Do you want to learn how to bet on horse racing? You’re not alone! Horse racing, often dubbed the ‘Sport of Kings,’ is not just about the thundering hooves and flying turf; it’s about strategy, intuition, and sometimes, a little bit of luck.
Dive into our comprehensive guide on how to navigate the world of horse racing betting online, and who knows? The next time those horses sprint down the track, you might just have a stake in the game. Ready to transform your cheers into potential earnings? Giddy up and let’s get started!”
What is Online Horse Racing Betting, And Why You Should Go For It?
Before learning how to bet on horse racing, let’s first understand what is horse racing and why you should go for it. Online horse racing betting is the digital counterpart to traditional trackside betting. Instead of physically being at the racecourse and placing a bet at a window, you can wager on horse races from the comfort of your home or on-the-go through your mobile device, using a website or app.
Why Opt for Online Horse Racing Betting:
- Convenience: With horse racing betting, there is no need to travel to the track. Whether you’re at home, in a cafe, or commuting, you can place a bet.
- Variety of Races: Online platforms offer a wide range of domestic and international races, meaning you’re not limited to local events. You can place bets on renowned races worldwide.
- Promotions and Bonuses: Online betting platforms frequently offer promotions, bonuses, and rewards that aren’t typically available at physical tracks.
- Information at Your Fingertips: Online platforms often provide detailed statistics, expert analysis, and race replays, helping you make more informed decisions. They also teach you how to bet on horse racing and win.
- Flexibility: With digital betting, you can monitor odds, make last-minute bets, or even engage in live betting as the race unfolds.
- Safe and Secure: Licensed online betting platforms use state-of-the-art encryption to ensure the safety of personal and financial data.
Top 17 Horse Racing Betting Sites for You
learning how to bet on horse racing online, let’s find out about some of the best horse racing betting online sites. With the sites mentioned below, you can bet your money on horse racing and win high prizes. So here we go!
1. FanDuel
Want to know how to bet on horse racing and win? Well, then FanDuel is the perfect platform. With this platform, you can place bets on various sports, including basketball, tennis, etc. The best part about this betting platform is it accepts various payment modes like online payment, PayPal, credit cards, debit cards, etc.
Moreover, it operates in 20 different states of the U.S.A. But this is not it, FanDuel also provides live streaming of the horse races on which you have placed your bet. They cover all the major and minor horse racing events like the Kentucky Derby, Pegasus World Cup, etc.
Features
- Comprehensive sportsbook with varied betting options
- Daily fantasy sports competitions
- Live game streaming and in-play betting
- Mobile app for on-the-go betting
Pros
- Intuitive user interface
- Regular promotions and bonus offers
- Wide coverage of sports and events
- Reliable and quick payment methods
Cons
- Not available in all U.S. states
- Some users report complex bonus withdrawal conditions
2. Caesars Racebook
The world of horse racing is very confusing since it is banned in various states. In such a situation, it becomes quite difficult to find a legal website that can actually help you win some money. Caesars Racebook is one such reliable website that allows betting on horse racing.
If you want to know how to bet on horse racing for beginners, this platform is perfect for you because it provides free bets. You can use these free bets to learn betting and then bet your money once you become a pro. Not just free bets, but the user also gets various other rewards and bonuses as well.
Features
- Part of the renowned Caesars Entertainment brand
- Offers a wide range of betting options
- Provides live race streaming
- Robust rewards program
Pros
- Backed by a trusted, reputable brand
- User-friendly betting interface
- Regular promotions and bonuses
- Covers extensive domestic and international races
Cons
- May have regional betting restrictions
- Customer support can be slow at peak times
3. TVG
TVG, short for Television Games Network, stands as one of America’s premier horse racing channels and online wagering platforms. Catering to both novice and seasoned bettors, TVG offers features such as live streaming of races, expert analysis, and handicapping tips.
Users can bet on a wide range of domestic and international races. The platform is also known for its promotional bonuses, especially for new members, enhancing the overall betting experience. If you are looking for a good platform for betting on horse racing, then TVG is a very good option for you.
Features
- Live streaming
- Expert analysis
- Mobile app
- Detailed handicapping tools
Pros
- Comprehensive race coverage
- User-friendly interface
- Regular promotions
- Expert insights and tips
Cons
- Not available in all states
- Some promotions have demanding wagering
4. TwinSpires
TwinSpires, a digital arm of Churchill Downs Incorporated—home of the renowned Kentucky Derby—has cemented its reputation in the horse racing betting online world. Its platform provides users with cutting-edge betting tools, live streaming services, race replays, and a loyalty program.
TwinSpires‘ coverage spans both domestic and international horse racing events, making it a go-to for many horse racing enthusiasts. If you are new to the world of horse racing, then this platform is perfect for you as they teach you from the start how to bet on horse racing for beginners.
Features
- Advanced betting tools
- Live streaming
- Race replays
- Loyalty program
Pros
- Trusted by a renowned brand
- Extensive race selection
- Expert guides available
- Mobile app for on-the-go betting
Cons
- Some find its interface complex
- Not available in all jurisdictions
5. BetAmerica
The next betting website on our list is BetAmerica. Also a brainchild of Churchill Downs Incorporated, BetAmerica stands apart with its comprehensive coverage of horse races and even greyhound races. Beyond racing, they have expanded their realm into sports betting in certain states.
The platform boasts user-friendly navigation, live streaming options, and a plethora of betting tools to aid both novice and experienced bettors. You can also learn about horse racing betting strategy from this website. They also tell you how to bet on horse racing from the start.
Features
- Horse and greyhound racing
- Live streaming
- Sports betting (in select states)
- Daily picks
Pros
- Wide race coverage
- Diverse betting options
- Modern user interface
- Frequent promotions
Cons
- Transition to TwinSpires in some areas is confusing
- Customer support can be slow
6. NYRA Bets
A venture by the New York Racing Association, NYRA Bets predominantly focuses on New York’s horse racing events, though it also includes races from other tracks worldwide. Their user-friendly platform allows for seamless betting, live race streaming, and offers insights from industry experts.
It’s a favorite among New Yorkers but has garnered a wider user base over time. The best part is, NYRA is very clear with its horse racing betting terms and conditions, which keeps the users out of any doubts.
Features
- Exclusive promotions
- Live race streaming
- Expert picks
- Loyalty rewards
Pros
- Strong emphasis on NY racing
- Broad international race coverage
- Intuitive platform
- In-depth race statistics
Cons
- Comparatively fewer promotions
- Limited racing educational resources for beginners
7. DRF Bets
If you want to know how to bet on horse racing online, then DRF Bets is the perfect platform for you. They cover everything from betting tips and tricks to teaching you how to place bets and win high prizes. The Daily Racing Form (DRF) has been the leading source of horse racing news and statistics for over a century.
Building on this legacy, DRF Bets offers an online betting platform that provides punters with rich data, expert picks, and a seamless betting experience. Members also benefit from bonuses and a rewards program.
Features
- Rich racing data
- Expert race analysis
- Rewards program
- Wagering guides
Pros
- Legacy and trust from the DRF brand
- Data-driven insights
- Promotions for new and regular bettors
Cons
- Mobile app experience could be improved
- Limited live streaming options
8. Xpressbet
Xpressbet is celebrated for its comprehensive coverage of horse racing events, from local tracks to international arenas. With a clean interface, users can place bets, watch live races, and access expert insights.
Their wagering guide is particularly beneficial for those new to horse racing. So if you are looking for a platform that tells you how to bet on horse racing for beginners, then you can definitely go for Xpressbet.
Features
- Live racing videos
- Handicapping store
- Wager rewards
- Referral bonuses
Pros
- User-friendly design
- Extensive educational content
- Wide race coverage
- Competitive promotions
Cons
- Not available in all states
- Platform may seem dated to some users
9. OffTrackBetting
A US-licensed online betting platform, OffTrackBetting (or OTB) provides users with a plethora of horse racing events to bet on. Along with a vast array of races, it offers race replays, handicapping tools, and a rewards program.
OTB also focuses on giving back, with a portion of all wagers going to support local horse racing industries. They also have very clear horse racing betting terms and conditions to keep users out of any doubts. They also tell you how to bet on horse racing from the start.
Features
- Licensed US-based platform
- Race replays
- Handicapping tools
- Rewards program
Pros
- Contributions to the horse racing industry
- Wide race selection
- Reliable customer support
- Easy navigation
Cons
- User interface is not the most modern
- Withdrawal process can be slow
10. Hollywood Races
Hollywood Races, a Penn National Gaming product, offers a digital platform for horse and greyhound racing. With a plethora of betting options, users can watch live races, and review past performances.
They can also utilize various deposit methods, making the betting process smooth and enjoyable. All in all, if you are looking for a reliable and trustworthy horse racing betting platform, Hollywood Races is a very good option for you.
Features
- Live race streaming
- Horse and greyhound racing
- Past performance reviews
- Multiple deposit methods
Pros
- Wide race coverage
- Seamless betting process
- Backed by a reputable brand (Penn National Gaming)
- User-friendly interface
Cons
- Availability might be restricted in some states
- Some users might find promotions limited
11. Keeneland Select
Emerging from the famed Keeneland Race Course in Kentucky, Keeneland Select offers an online betting experience tailored to modern punters. While they focus on Keeneland’s races, the platform also features other major domestic and international events. Their user benefits include rewards programs and expert race analysis.
Features
- Focus on Keeneland’s races
- Coverage of international events
- Rewards program
- Expert race analysis
Pros
- Tailored for modern bettors
- Backed by a respected race course
- Competitive promotions
- User-friendly design
Cons
- Limited to certain jurisdictions
- Could offer a wider array of betting tools
12. AmWager
AmWager, while catering to the seasoned punter with its advanced betting features and tools, remains accessible for newcomers. The platform shines with its user interface, bonus structures, and unique tools like a live video center and an AI-powered handicapping system. So if you are looking for a good horse racing betting online platform, we would definitely recommend you to try AmWager.
Features
- Advanced betting features
- AI-powered handicapping
- Live video center
- Bonus structures
Pros
- Caters to both new and seasoned punters
- Intuitive user interface
- Unique betting tools
- Competitive promotions
Cons
- Might be overwhelming for complete beginners
- Not available in all states
13. Parx Online Racing
The next horse racing betting platform on our list is Parx Online Racing. Hailing from the Parx Casino brand in Pennsylvania, Parx Online Racing delivers a robust platform for horse race betting. With a straightforward interface, users can engage in live betting, access race replays, and benefit from periodic promotions.
Features
- Live betting
- Race replays
- Periodic promotions
- User-friendly interface
Pros
- Backed by a well-known casino brand
- Extensive horse race coverage
- Regular promotions
- Simple and efficient platform design
Cons
- Restricted to a specific geographic area
- Customer support could be improved
14. 4NJBets
Exclusively for New Jersey residents, 4NJBets, powered by TVG, ensures a premium horse racing betting experience. Along with a wide range of betting options, the platform provides live streaming, expert tips, and promotions, reinforcing its strong standing in the Garden State.
The only problem with this platform is, it is geographically restricted, but if you live in New Jersey, you should try 4NJBets as it comes with high winning odds. Otherwise, they also tell you the process of how to bet on horse racing
Features
- Exclusivity for New Jersey residents
- Live streaming
- Expert betting tips
- Promotions
Pros
- Premium horse racing experience
- Comprehensive race coverage
- Backed by TVG’s reputation
- Regular promotions
Cons
- Exclusive to New Jersey residents
- Interface can sometimes be clunky
15. WatchandWager
WatchandWager extends its betting platform to various US states, granting users access to horse races across the globe. It offers live streaming, a plethora of deposit and withdrawal options, and a secure betting environment, ensuring user satisfaction.
The best part about this platform is, it is specifically made for beginners, so you get to know about horse racing betting strategy and other things as well. They also tell you the step-by-step process of how to bet on horse racing.
Features
- Betting access across multiple US states
- Live streaming
- Multiple deposit/withdrawal methods
- Secure platform
Pros
- Wide access to global horse races
- User-friendly interface
- Reliable transaction methods
- Secure betting environment
Cons
- Customer support response can be delayed
- Some users might desire more promotions
16. Penn National
Primarily known as a casino company, Penn National has made strides in the horse race betting arena. Available in multiple states, their platform offers extensive coverage of horse racing events backed by the trust and reliability of the Penn National brand. If you are looking for a reliable betting platform, Penn National is a very good option for you.
Features
- Horse race betting platform
- Available in multiple states
- Extensive race coverage
- Backed by casino brand reputation
Pros
- Offers a wide variety of betting options
- Trusted and reliable platform
- User-friendly experience
- Extensive race coverage
Cons
- More suited for seasoned bettors
- Mobile experience might need improvements
17. William Hill Racing
The last betting platform on our list is William Hill Racing. A giant in the global sports betting industry, William Hill has made significant inroads into horse racing betting in the US. Their platform, available where US regulations permit, combines the company’s vast experience with user-friendly features, making it a top choice for many. They also tell you how to bet on horse racing from the start.
Features
- Global sports betting brand
- Extensive horse race betting options
- User-friendly features
- Live race streaming
Pros
- Combines vast global experience with tailored US offerings
- Wide race selection
- Reliable platform
- Competitive promotions
Cons
- Restricted where US regulations are stringent
- Some international races might not be covered
How to Bet on Horse Racing?
Now that you know about the best online betting platforms for horse racing, let’s see how to bet on horse racing online.
1. Research and Choose a Reliable Online Betting Site
- Reputation and Reviews: Before depositing any money, make sure the site is reputable. Look for reviews and feedback from other users.
- Licensing: Ensure the platform is licensed and regulated by an appropriate authority.
- Payment Options: The site should offer various deposit and withdrawal methods that suit your preferences.
- User Interface: It should be user-friendly, with a good mobile experience if you’re planning to use it on the go.
2. Create an Account
- Provide personal information like your name, address, email, and date of birth. This information is typically required to prevent fraud and to ensure that you are of legal betting age.
- Set up security questions or additional verification methods for added security.
3. Deposit Funds
- Choose a deposit method available on the site. Common methods include credit/debit cards, bank transfers, and e-wallets.
- Some sites may offer bonuses or promotions for first-time depositors.
4. Understand the Different Types of Bets
- Win: Bet on a horse to finish first.
- Place: Bet on a horse to finish either first or second.
- Show: Bet on a horse to finish first, second, or third.
- Exacta: Bet on the first and second place horses in that exact order.
- Trifecta: Bet on the first, second, and third place horses in the exact order.
- Superfecta: Bet on the first, second, third, and fourth place horses in the exact order.
- Daily Double, Pick 3, Pick 4, etc.: Bet on the winners of multiple consecutive races.
5. Research the Horses and Races
- Study the race cards or past performances. This provides detailed information about each horse’s past races, their jockeys, trainers, and other important stats.
- Look for trends, such as horses that have been performing well recently or those that have a history of doing well on a particular track or under specific conditions.
6. Place Your Bet
- Navigate to the race of interest, select the type of bet you want to place, and choose the horse(s).
- Confirm your wager and the amount you want to bet.
7. Watch the Race and Collect Winnings
- Most online platforms offer live streaming or at least live updates on races.
- If your bet wins, your winnings will be credited to your online account. From there, you can choose to reinvest or withdraw your money.
8. Practice Responsible Gambling
- Always set a budget and stick to it.
- Never chase your losses.
- If you feel you have a problem with gambling or are developing one, seek help immediately.
Things to Consider Before Betting
Now that you know how to bet on horse racing online, here are some other things that you need to know. Betting on horse racing online offers a convenient way to engage with the sport, but it also presents unique considerations compared to betting at a physical track. Here are things to consider before placing your bets online:
- Platform Legitimacy: Ensure that the website or app you’re using is licensed and regulated in your jurisdiction. Check reviews and the reputation of the platform.
- Security: Ensure that the online platform uses up-to-date encryption to protect your personal and financial information.
- Local Laws and Regulations: Online horse race betting might not be legal in all jurisdictions. Make sure you are compliant with local laws before placing bets.
- Fees and Charges: Some online platforms might have fees associated with deposits, withdrawals, or even placing bets. Be aware of any hidden charges.
- Odds Comparison: Different platforms may offer slightly different odds. It can be worthwhile to shop around for the best odds on a particular race or horse.
- Promotions and Bonuses: Many online platforms provide bonuses or promotions for new sign-ups or regular users. Take advantage of these but read the terms and conditions.
- Race Streaming: Check if the platform offers live streaming or race replays. This feature can enhance your betting experience, allowing you to watch the races you bet on.
- Information and Resources: Some online platforms provide expert picks, handicapping tools, and race analysis. These can be invaluable for making informed bets.
- Customer Support: Ensure the platform has a responsive customer support team in case you encounter issues or have queries.
- Racing Data and Statistics: Online platforms often provide a wealth of data. Familiarize yourself with this information to make informed bets.
FAQs: Frequently Asked Questions
Q1. How do I create an account on an online horse racing betting site?
To create an account, you typically need to provide personal information such as your name, address, email, and date of birth. This ensures you are of legal betting age and helps prevent fraud. Many sites also require security questions or additional verification methods for added safety.
Q2. Are there any bonuses or promotions I should be aware of when signing up for a betting platform?
Yes, many online horse racing betting platforms offer bonuses or promotions for first-time depositors or regular users. These can range from deposit matches to free bets. However, always read the terms and conditions associated with these promotions, as some might have specific wagering requirements or withdrawal conditions.
Q3. How can I ensure that my personal and financial information is safe on a betting platform?
To ensure the safety of your data, check if the online platform uses up-to-date encryption methods. Reading user reviews and feedback can also provide insights into the platform’s security reputation. Always use strong, unique passwords and consider enabling two-factor authentication if the platform offers it.
Q4. How do I decide which horse to bet on?
Making informed bets involves researching the horses and races. Study the provided race cards or past performances, which give detailed information about each horse’s past races, their jockeys, trainers, and other vital stats. Look for trends and other data-driven insights, such as a horse’s performance on specific tracks or under certain conditions. Many platforms also provide expert picks and handicapping tools to aid bettors.
Conclusion
If you’re looking to delve into how to bet on horse racing, it’s crucial to choose a reputable online platform, understand the types of bets available, and thoroughly research the horses and races.
Moreover, bettors should always ensure the platform’s legitimacy, remain updated on local regulations, and adopt a responsible gambling approach. As the digital realm of horse racing betting continues to grow, so does the potential for transforming your cheers into potential earnings. Happy betting!