Best Online Horse Betting Apps and Sites
Currently, there are seven horse betting sites available in the US covering more than 35 states. The Churchill Downs owned BetAmerica and TwinSpires compete for the number one spot with TVG, while AmWager is more suited to experience horse race bettors. However, all the pages offer great horse betting experience and good bonus offers. Most of them offer enticing rewards program as well.
|Horse Betting App||Bonus||Promo Code|
|AmWager||$100 Bonus or $500 rebate||100MATCH|
|DRF Bets||$250 Bonus||DOUBLE|
|NYRA Bets||$200 Bonus||MATCH200|
|Xpressbet||Up to $500 Bonus||MATCH200|
|1/ST BET||$510 Bonus||SPORTOFKINGS|
TVG is a respected and highly-rated racebook that initially began as a channel dedicated to providing televised coverage of horse racing before the company expanded into the world of online betting. Their sign up bonus is a 50% up to $250 deposit bonus. This means that if you deposit $500, you get $250 for betting on horses at TVG.
TwinSpires is the official partner of the Kentucky Derby. The Churchill Downs owned company offers horse racing offers Thoroughbred, Harness, and Quarter Horse racing betting to bettors across the US. To get the TwinsSpires $200 welcome bonus, use promo code BET200.
BetAmerica was founded by a group of people who were dissatisfied with the horse betting experience and lack of options on other plaforms. Nowadays, the Churchill Downs owned company operates in 30+ states. Their welcome bonus is 100% up to $100 deposit match cash bonus.
Established in 2009, AmWager is a licensed and well-established American racebook whose primary focus is to provide quarter horse racing and greyhound racing bettors fair value and a professional online wagering experience. You can choose between a 100% up to $100 deposit match or a 10% up to $500 cash back bonus.
NYRA Bets is a horse betting portal with several tracks around the NY area. They operate in 30 states and offer bettors many exciting promotions. Their sign up bonus matches 100% of your initial deposit up to $200. You can get this cash bonus with NYRA promo code “MATCH200”
Established in 2002, Xpressbet is the official online horse betting site of Preakness Stakes and one of the highest-rated racebooks in the U.S. When you register a new account at Xpressbet, you receive $10 of free money to bet with for every $100 you bet within the first 30 days.
DRF Bets is one of the leading legal U.S. online horse betting sites, operated by the Daily Racing Form, which has provided data and content about U.S. horse racing since 1894. The racebook offers new customers a generous welcome bonus that doubles your first deposit up to $250.
1/ST BET is a 2019 skin for Xpressbet. They offer premium horse betting experience to Americans, and have the biggest horse betting bonus in the country.
Horse Racing Betting
Horse racing in the United States dates back to 1665 and organized horse racing started in 1868 with the American Stud Book. Since then, horse racing and pari mutuel horse race betting has expanded to cover more than 40 states.
Horse Betting Bet Types
There are several different horse betting bet types. Sometimes it seems like these wagers are in a language of their own, so the experts at BonusFinder US have compiled a list of the most common horse and greyhound racing bet types.
- Bet to Win: Pick the winning runner in a horse race / greyhound race.
- Bet to Place: Pick a runner to finish 1st or 2nd.
- Bet to Show: In show wagers, you pick a runner to finish 1st, 2nd, or 3rd.
- Across the Board: You place three bets. One win bet, one place bet and one show bet. If your runner comes in first place you win all three prices (win, place and show). If your runner finishes second, you win place and show prices. If third you win the show prize.
- Exacta Bet: Pick two runners, one to win, one to place 2nd.
- Trifecta Bet: Pick three runners, one to win, one to place (2nd), one to show (3rd).
- Superfecta bet: Pick four runners, one to win, one to place, one to show, and one to finish fourth.
- Double Bet: Place your stake on a runner for a race, then use those winnings as the stake on the second runner to win the second race.
- Pick 3 Bet: You choose 3 runners to win 3 different horse races. The winnings from each race are used as your stake on the next.
- Exchange pools: A wager where you must win the first half for a chance to bet the second half.
Horse Racing Odds Explained
In each race, the amount of money bet on the individual horses determined the odds. If you see 6:1, you’ll win $6 for every $1 you stake (plus your initial stake back). If you see 1:6, this means you’ll need to stake $6 to win each $1 of return. Odds for place and show selections are smaller than for win bets.
All racing wagers are pari mutuel betting. The total bets on a race are divided among the entries. To calculate how much you’ll win based on the current odds, simply multiply your stake by the odds shown, then add that stake back in. For example, if you see a selection at 6:1 and bet $10. Your payout would be 6 x $10 + $10 = $70.
To inexperienced eyes, racehorses might all look similar. However, behind the variations in color and height, you’ll find several distinctive breeds in different races.
- Thoroughbred Horses: The big races are for thoroughbred horses. They can all be traced back to three fathers who were born in the 1700s.
- Standardbred Horses: Harness racing uses a different breed known as standardbred. These horses can have thoroughbred ancestors, with mixed heritage.
- Arabian Horses: While many of today’s races are over short distances, there are longer endurance-type races scheduled. A different breed, known as Arabian horses takes part in these contests.
- Quarter Horses: Quarter Horses is a name given to the mixed-breeds which come from Spanish colonial stock.
Biggest Races in US
There are several big horse racing events in America, but none of them come close to horse racing betting excitement of the Triple Crown – three consecutive races for 3-year old thoroughbreds. Only 13 horses in history have won all three events and earned the coveted crown.
The Kentucky Derby
The Kentucky Derby is known as “the most exciting two minutes in sport.” It is held at Churchill Downs racetrack in Louisville, KY. It’s the longest running uninterrupted horse race in America, and the Kentucky Derby has been run every year since 1875. On the first weekend of May, it caps a two week long festival featuring many races. A number of traditions go alongside this race. Because blanket of roses is placed on the winning horse, it’s also known as Run for the Roses.
Belmont Stakes is the second leg of the competition and it is held at the Pimlico Racetrack in Baltimore, MA. It is held two weeks after the Kentucky Derby on the third Saturday in May. The race is 1900 meter dirt track race. The winners of this race receives flowers too, but they are black-eyed Susans instead of roses.
If a horse has won both of the Kentucky Derby and Belmont Stakes, all eyes will be on it for the final leg of the Triple Crown. The competition is run in Elmont, New York, on either the first or second Saturday in June. It attracts huge TV audiences when the Triple Crown is at stake.
Major Race Tracks
The United States are home to several race tracks, some of which date back to the 1800s. So if you want to be a part of history while betting, visiting one of the tracks is a great way to do so.
- Freehold Raceway – New Jersey
- Monmouth Park – New Jersey
- Saratoga Race Course – Saratoga Springs, New York
- Pimlico Race Course – Baltimore, Maryland
- Churchill Downs – Louisville, Kentucky
- Charles Town Races – West Virginia
- Aqueduct Racetrack – Queens, New York
- Oaklawn Park – Hot Springs, Arkansas
- Belmont Park – Elmont, New York
- Santa Anita Park – Arcadia, California
- Keeneland Race Course -Lexington, Kentucky
- Del Mar Racetrack – Del Mar, California
Betting on horse racing online or via a mobile device is legal in most states, but you can’t bet on horses everywhere. Where and how you can bet can vary by state, but some apps allow wagers in all of the below states. Apps and sites operating in these states often allow wagering on races across the country and even internationally.
- New Hampshire
- New York
- North Dakota
- Rhode Island
- South Dakota
- West Virginia
Horse racing is similar to sports betting in that it’s best followed as it happens. If you want to see how your wagers play out live, there are several options ranging from heading to your local track, to using your mobile phone or desktop to view a live stream. Online horse racing betting sites also offer race results and replays to active bettor:
- At the Track: There are hundreds of racetracks nationwide. Many tracks have entertainment complexes, and some offer casino games too.
- On TV: Major events are screened on TV, and TVG also shows minor daily races.
- Via Simulcast: Racetracks offer big screens for races at other venues.
- OTB Venues: Some states let you bet and view races/check results at dedicated off-track betting parlors.
- Streaming Live: The most popular racing sites offer live streaming via their websites and betting apps.
Horse betting lingo is a field of it’s own and sometimes only members of this select group can understand each other. Here are some of the most common terms used by members of the racing community:
- Blinkers: Cover the eyes of horses, narrowing their field of vision to the track ahead.
- Colt: A male horse.
- Furlong: A distance measure. Each one is one-eighth of a mile.
- Filly: A female horse.
- Gelding: A male horse that has been sterilized.
- Grade: Races are graded on the quality of the horses and rewards. Grade 1 races have the best entries.
- Handicap: Races may add weight to the better horses to level the playing field.
- Harness Racing: These races involve jockeys in small carts behind the horses.
- OTB: Off-track betting.
- Post Position: The placement of a horse in the starting stalls in relation to the position of the rail.
- Pari-Mutuel: Bets are pooled, with the payout based on the number of bettors who chose a winner.
- Purse: Describes the prize money awarded for a race.
- Simulcast: Live races shown on screens at racetracks around the country.
- Triple Crown: To win the Triple Crown a horse needs to win the Kentucky Derby, Preakness Stakes and Belmont Stakes in the same year.
Online Horse Betting FAQ
- Where can I bet on horses?
- What states allow online horse betting?
- Can I bet horse races online?
- Can I use my credit card to bet on horses?