123Bet Sportsbook

123BET bonus code

123BET is a good horse betting platform with a decent bonus.

123Bet.com is a traditional US-regulated racebook established in 2014. They pride themselves as one of the best in the online horse racing business. Although it’s a lesser-known advance deposit wagering (ADW) service, 123Bet knows what they are doing.

123bet Welcome Bonus

All new customers of 123Bet are eligible for a $20 Risk-Free Bet. To collect the risk-free bet, you must simply place your first wager, and should your bet lose, 123Bet will refund your stake as a free bet up to the value of $20.

123Bet Bonus Code No Code Needed
Welcome Bonus 10 Free Bet + Free Deposit for over $100
Welcome Bonus Conditions Only new accounts
123Bet bonus

You can get up to $20 free from 123BET.

The sum given as a free bet will be equal to the value of the first bet – up to $20. So, for example, if you place two $10 bets on the same race but in different pools, only the first wager will be eligible for the promotion.

123Bet Bonus Code

You do not need any codes to receive the 123Bet bonus. The 20$ risk free bet for new accounts, as well as a free deposit, gets awarded to you after you sign up.

123bet Promotions

The welcome bonus all 123Bet users receive upon creating their account is not the only reward you will get for betting with 123Bet. After creating your account, you will get introduced to a couple of great promotions you won’t be able to pass on.

No Fees with Credit Card or ACH

123Bet reimburses all deposit fees of 100$ or more if they are made with ACH or credit card. While their standard fees are not that high either, having to pay nothing for money that you would anyway deposit is a good deal.

123Bet No Fees Friday

123Bet has what they call “No Fees Friday,” which is exactly how it sounds. Each Friday, you can deposit $10 or more via credit card or PayNearMe, and 123Bet will deposit the fees back to you the following day.

Refer a Friend

Apart from the sign-up bonus, you can also earn bonuses on 123Bet by referring your friends. After creating your account, you will have access to a unique code that you can give to your friends, who can use it when creating an account with 123Bet.

After someone uses your unique code, you can earn up to $50, while your friends also receive a $10 wagering bonus awarded to their account. Unfortunately, 123Bet limits you to only five referrals per account.

Eligible States

You must be over 18 years of age and 21 in certain states to participate in online wagering on horse racing with 123Bet. If you reside in any of the following states and are of legal age, you are allowed to create an account with 123Bet.

  • Alabama
  • Colorado
  • Delaware
  • Florida
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Minnesota
  • Montana
  • New Hampshire
  • North Dakota
  • Ohio
  • Puerto Rico
  • Rhode Island
  • Vermont
  • US Virgin Islands
  • West Virginia
  • Wisconsin
  • Wyoming
  • Washington State
123BET state list

123BET is available in 19 states with more being added.

Types of Bets Available at 123Bet

123bet offers a wide variety of wagering options for you to choose from. That includes all of the popular bet types, as well as exotic bets. They also have their own type of pick 6 bet to spice things up.

  • Win
  • Place
  • Show
  • Exacta
  • Superfecta
  • Trifecta
  • Pick 3-4-5-6
  • 123Racing Pick 6

123Racing Pick 6

123Racing Pick 6 is a bet type you will only be able to find on 123Bet, and it’s different from a traditional Pick 6. With 123Racing Pick 6, you only have to beat the number of entries in the pool, not hit every race. This means that if there’s 5,000 in the pool – with 2,500 $2 entries – you have a 1 in 2,5000 chance of winning the pool.

123bet on Mobile

You don’t need to download any mobile apps in order to bet with 123Bet on the go. The developers have optimized 123Bet’s webpage to run smoothly and seamlessly on any mobile device, making it easy to use anywhere you are.

123bet Banking

123Bet offers several methods to found your wagering account- online, in person, or by email. The best part of it is that 123Bet does not charge any fees, although they make sure to inform you that some third-party banking or payment processing fees may apply. You can fund your 123Bet account online via:

  • Direct ACH
  • Credit card
  • PayNearMe
  • Wells Fargo – in-person Bank deposits
  • Wire Transfer
  • Email (personal checks, cashier’s checks, and money orders)


If you get lucky with your bets and would like to cash out your winnings, 123Bet offers you five methods you can choose from. Unlike deposits, the withdrawals will take some days before they reach you or your bank account.

  • Withdrawals by ACH – withdraw funds directly to your checking account – 3-5 banking days
  • By Mail – requires you to fill out a withdrawal slip
  • By Fax – requires you to fill out a withdrawal slip
  • By Email – requires you to fill out a withdrawal slip
  • Online

123Bet FAQs

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