Online Horse Betting Sites
Online horse betting makes it easier than ever to bet on the Kentucky Derby, Preakness and Belmont Stakes without having to travel with each leg of the Triple Crown circuit. Horse betting sites make it possible to get in on the action at racetracks worldwide without having to step foot out your front door. While we enjoy spending the day at the races as much as any other horse enthusiast, you cannot beat the convenience and excitement of wagering at online horse betting sites.
Even if you live in a location with several live racing venues, there are still benefits to using horse racing betting sites. The available membership and activity bonuses, ease of access, and thousands of wagering options are just some of these.
Though many forms of gambling are subject to restrictive laws, horse racing is in a category of its own. You can lawfully bet at hundreds of racetracks around the country, and it is also legal to bet on horses online. Pari-mutuel wagering is one of the most widely accepted types of betting in the United States, with millions of horseplayers visiting online racebooks every day.
There are no federal laws that prohibit betting on horses, and the majority of state-level gambling laws specifically exclude horse betting to reinforce its legality. For example, while the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) places limitations on US Internet gambling businesses, it includes verbiage to permit horse racing.
There are very few states that have chosen to not offer horse betting opportunities for residents, and even then there are plenty of offshore horse betting sites where you can legally put money on the ponies. Just about anyone can join an offshore racebook and get started with legal horse racing betting.
The 2023 Kentucky Derby odds have pegged Forte as the betting favorite ahead of the biggest race of the year. Even as the favorite, Forte’s +300 odds indicate just how wide open the field is. Odds on the 2023 Kentucky Derby field are listed below, with online horse betting sites offering many other standard and exotic wagers for the historic race at Churchill Downs.
- Forte +300
- Tapit Trice +500
- Angel Of Empire +900
- Practical Move +1000
- Derma Sotogake +1000
- Kingsbarns +1100
- Two Phil's +1200
- Mage +1600
- Verifying +1800
- Confidence Game +1800
Before you can bet the ponies, you will need to fund your online racebook account. The banking options at online horse betting sites are quick, reliable, and secure. Many of the best online racebooks have same-day deposit options and payouts that are delivered within 48 hours. You can choose between credit cards, checks, MoneyGram, Western Union, and even prepaid cards when visiting the cashier section of your favorite racebook. While there are over a dozen different deposit and withdrawal methods to choose from across all the top legal online racebooks, the best option for you will always depend on your personal needs.
Bitcoin is the fastest banking method for both deposits and withdrawals. With just your Bitcoin wallet address, you can instantly deposit anywhere from $20 to $25,000 to most online racebook accounts. Just visit your site’s cashier, specify the amount that you would like to deposit, and then transfer the funds from your cryptocurrency e-wallet. The funds will be applied to your account in as little as 10 minutes after you press submit.
With Bitcoin, you do not have to wait weeks to receive your payout, either. Requests are processed expediently and all racebooks ensure that Bitcoin withdrawals are delivered within 24 hours or less. The minimum withdrawal is normally around $20 while the maximum can exceed $10,000. Unlike other methods, there are no additional fees for requesting a BTC withdrawal.
Skrill is an eWallet that is accepted at nearly every online racebook. Skrill works similarly to PayPal, as you can use a credit card, debit card, or bank account to fund your wallet and then transfer those funds to your racebook cashier. Deposits are credited instantly and payouts are sent within 24 hours.
Skrill banking limits tend to be higher than most options, with deposits and withdrawals both sharing a low minimum of $10 and a maximum as high as $38,000. There are no fees charged when funding your account or receiving a payout via Skrill.
Bank wires are recommended for high rollers. This payment method has the largest deposit limits ($100,000 or more) and very high withdrawal limits (up to $50,000). Bank wires do take between 5-10 business days to reach your account depending on your bank, but the large amount of money that can be withdrawn at one time makes this a good option.
There will be fees charged by your racebook for bank wire withdrawals, and these will depend on the amount of the payout. Your bank may also charge an additional fee for processing the wire transfer. When withdrawing upwards of $50,000, the fees are minimal in comparison, however. You can also take advantage of the free monthly payouts that some racebooks offer in order to have part of these associated fees waived.
With horse race betting increasing in popularity every day, it is no surprise that numerous online horse betting sites have started to appear on the market. With all of the websites that are now available to horseplayers, there are still only a few that are actually proven and reliable.
The top online racebooks offer bonuses and promotions from the moment you sign up. Whether it be a welcome bonus for your first deposit with the racebook or rebates for making horse bets, your site of choice should always have extra incentives for horse bettors. Reliable and fast banking options are a must, with methods that include credit cards, cryptocurrencies (Bitcoin, etc.), money orders, and traditional check support.
All that said, the horse racing action is the most important element of finding a quality online racebook, so you should only consider sites with Kentucky Derby betting odds, Triple Crown betting odds, and odds on other major horse races. The best online racebooks do all this and more, with sites like Bovada, SportsBetting, BetOnline, BetDSI, and 5Dimes leading the way.
When you want to have the best horse betting experience possible, Bovada is the racebook to join. Their professional reputation and well-designed racebook make it one of the #1 sites to bet the ponies. Bovada’s online racebook features more than 90 thoroughbred and harness racetracks, and that is not even including the international Ireland and UK tracks they offer.
At Bovada, you get more than just the latest horse betting odds and horse racing results. Their racebook provides track and jockey information, a horse racing calendar, and plenty of handicapping tips for newcomers and veterans alike. Bovada’s new and improved bet slip allows members to more easily place, edit, and remove wagers, while their race coupons contain even more information about the race and morning line odds. Bovada is constantly ahead of the curve when it comes to enhancing their racebook, and they consistently set the standard that other players in the industry follow.
While Bitcoin is the fastest way to deposit and withdraw from Bovada (and comes with a generous 50% deposit match bonus worth up to $500), you can also get a $250 Racebook Welcome Bonus with any kind of more traditional first-time deposit.
BetOnline is a fast-paced racebook that keeps bettors up to date with the latest horse betting action. You can get free horse picks, horse racing results, and horse race betting tips all from BetOnline’s easy-to-use racebook. With live feeds of the races at every featured track, you’ll feel like you’re experiencing live horse racing from your very own box seats!
Every year, horse enthusiasts speculate if a thoroughbred will be able to win all three legs of the Triple Crown, and BetOnline racebook provides its members the latest Kentucky Debry betting odds, Preakness Stakes betting odds, and Belmont Stakes betting odds. Breeders Cup betting odds are also a main focus of BetOnline’s racebook, and you can even catch up on all the latest news for Grade I stakes horse racing from right inside your account’s dashboard.
BetOnline also offers horse bettors extra rewards for using their online racebook. It is the only site that offers bettors their first horse wager on the house. By taking advantage of their risk-free horse bet offer, you can place a wager of up to $25 and not have to worry about losing any money! If your first horse bet with the racebook loses, the cashier will reimburse your $25 wager back to your account within 24 hours. Just email freeplay@BetOnline.ag to initiate the refund. If your bet wins, you will have to rollover the bet amount 6 times before you can make a withdrawal.Of course, with so many wagering options at the BetOnline racebook, this requirement is easily met.
BetOnline also has some of the most varied withdrawal options in the business, with many of the methods offering same-day payouts. Bitcoin, Skrill, and altcoins like Ethereum and Litecoin are the fastest payout options that you’ll find, with funds being available shortly after your request is initiated. BetOnline is a horse race betting site that you can count on to deliver!
MyBookie has been serving as one of, if not the top online racebook in the country for quite some time. For those first time horse bettors, they are offering you a chance to score $1,000 in risk free credit with their 50% match bonus. All you have to do is enter the MYB50 bonus code upon making your first deposit and you will be good to go. Once you take advantage of their welcome bonus, they also offer an 8% rebate for betting on horses.
- Horse Betting Fans Get 50% to $250!
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- Bonuses up to $1.000 for Racebook Deposits!
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- 8% Horse Racing Rebate!
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- Racebook Bonuses up to 75% for Residents!
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