Best Horse Racing Betting Sites
There’s no doubt about it. Betting on horse racing online is the way to go.It’s easy to place real money wagers online these days, and there are manybenefits to doing so.
- BetAmerica is one of the best online betting sites out there, complete with a dedicated section just for horse race betting. The layout for the BetAmerica desktop site is one of the easiest to use.
- US Racing is the best site for horse racing and betting. Compare us to the rest to see why. Bet on horses with 200+ racetracks, $150 Bonus and daily rebates. Mobile phone betting, bet where and when you want. Online Horse Betting.
You need to be cautious, though. It may not be a wise choice to join thefirst betting site you come across, especially if you live in America. Avoid theshady operators by following our recommendations for the best US horse racingbetting sites.
Rank | DE Betting Site | Exclusive Bonus | Get Started | |
---|---|---|---|---|
#1 | Betway Sports | Up To€150 | Visit Site | Visit Site |
#2 | 22Bet Sports | 100% Up To€122 | Visit Site | Visit Site |
#3 | Spin Sports | 100% Up To€200 | Visit Site | Visit Site |
#4 | 10Bet Sports | 100% Up To€50 | Visit Site | Visit Site |
#5 | Guts Sports | 100% Up To€50 | Visit Site | Visit Site |
Did you know that more than 157,000 attended the 2018 Kentucky Derby atChurchill Downs? Or that more than 131,000 people visited Pimlico to watch the2019 Preakness Stakes?
It’s true. And while it’d be awesome to watch and bet on these American horseraces in person, not everyone has the means to. Not everyone wants to deal withthe crowds these races attract either.
Are you ready for some good news? You can bet on races like these and muchmore when you join one of the best online horse racing betting sites for the US.Great if you don’t like crowds or if you’ve no desire to dress in your Sundaybest.
The top US horse racing betting sites we recommend all offer a robust selection of racing types, horse races, and bets for you to make. Here’s a taste of what you can expect to find when you bet online.
When you’re betting online for real money, you need to do your homework toensure that you join a safe and legit bookmaker or sportsbook. That way you canavoid bad experiences such as slow cash outs or bad customer support.
Finding trusted online horse racing betting sites for USA bettors can betough, though. There are lots to choose from, and only a few are genuinely topquality.
The easy solution is to join one of our recommended racebooks above. Weinvest a lot of time and resources reviewing and ranking all the availableoptions so we can compile a list that truly reflects the best horse racingbetting sites at any given time.
If you heed our recommendations, you can rest assured that you’ll be signingat the best places to bet on horse racing online.
We’ll explain how we come up with our recommendations in the next section.
Why You Can Trust Our Top-Rated Horse Betting Sites
You want to join an online racebook so that you can bet on horses, and youonly have two options for how to get that done.
- You can choose a horse betting site yourself
- You can join one of the top horse racing betting sites we recommend
There are pros and cons for either choice. If you choose to do things on yourown, you have your work cut out for you. There are tons of US horse racingbetting websites for you to consider.
The quantity of options is the good news. The bad news is that most of thesebetting sites aren’t worth your time. Some have, let’s say, less than stellarreputations, and shouldn’t be trusted when you’re depositing real money to betwith. Others might be safer, but not have the best selection of races, wagers,or odds.
Chances are, you’d waste some time and money trying to find a top horseracing betting site unless you get very lucky.
Your other option is to join one of the top USA horse racing betting sites werecommend. The challenge here is to trust that we have your best interest atheart. But how can we prove that to you?
There’s no surefire way, but what we can do is explain our process, includingwhat we look for and care about in a horse racing betting site.
Maybe you’ll trust us a bit more once you see how much effort goes intodeciding which online racebooks we want to recommend to our audience.
We research and test every horse betting site we recommend. It’s during thisphase that we check for wagering options, US horse races you can bet on, thedeposit options you can use, and more.
Before we do any of that, though, we ensure the site is safe to use. How dowe do that? We research the following information.
We scour the web for player complaints and criticisms. We’re not worriedabout the occasional hiccup or slow payout.
What we look for are signs of perpetually slow or no pays, sites thatretroactively change their terms, or if they’ve mistreated their customers andto what extent.
License
We ensure the bookmaker has a legitimate license, as that tells us they paida fee and went through an official vetting process. It also tells us they’reoffering their real money online betting services legally.
The gambling commission that issued the license is important, too. This tellsus how much player protection there may be.
Many bettors skip over the terms and conditions, but this is a huge mistake.
The terms tell you the site’s betting and banking limits, when they voidbets, how they handle technical issues, and more. We check the terms to ensurethey’re as fair to players as possible.
If an operator fails in any of these areas, there’s no way we’ll award themwith our Seal ofApproval.
Our Seal of Approval is our guarantee that a site is safe to join. And weonly recommend online gambling sites that are TRULY worthy of our seal.
You’ll notice that we recommend only a few US horse racing betting sites onthis page. This is intentional. While many of the sites we’ve reviewed are worthusing, they’re not all top quality. So, we don’t recommend those front andcenter on pages like this one.
This is how you know the sites we recommend are the safest horse racingbetting sites online for Americans.
Now, safety is just one aspect to consider when choosing a horse racingbetting site. You also need to consider whether it’s a good fit for yourpersonal preferences and requirements. And whether it’s truly one of the bestsites for betting on horse racing online.
What Are The Best Horse Racing Betting Sites
Looking at the following qualities helps to separate the top horse bettingsites from the rest.
- Accept action on a variety of US and international horse races
- Offer a variety of betting options
- Have reasonable odds
- Allow you to bet as little or as much as you want
- Offer features such as live streaming, early cashouts, or mobile apps
We like to ensure that the sites we recommend are a great fit specificallyfor Americans who want to bet on Thoroughbreds and races like the KentuckyDerby, Preakness, or Belmont Stakes.
We want you to be thrilled when you join one of the bookmakers andsportsbooks we recommend. If you join one of our top-rated IS horse racingbetting sites and aren’t excited or don’t want to bet as much as possible, thenwe failed somewhere.
And there you have it. That’s a bird’s-eye view of our approach to reviewingand ranking betting sites for US horse bettors.
To summarize, we ensure every recommendation is suitable Americans looking tobet on horses online. Otherwise, we won’t recommend them.
Our in-depth process is how we can confidently say that we recommend the bestUS sites for betting on horse racing.
The top US horse racing betting sites we recommend all offer a robustselection of racing types, horse races, and bets for you to make.
Here’s a taste of what you can expect to find when you bet online.
Popular Types of Horse Racing Breeds in America
The best horse racing betting sites all offer action on Thoroughbred horseracing. Thoroughbred horses are bred for two specific types of racing, flatraces and jump races
These include races like the Kentucky Derby or Belmont Stakes. Flat tracksare usually anywhere from 0.25 mile to 1.75 miles long.
- Jump races
These races are run over longer distances ranging from 2 miles on up to 4.5miles. These races have obstacles such as hurdles and water puddles for thehorses to jump over.
Most US horse betting websites also offer action on the following breeds.
These horses are used for a race type known as harness racing (or chariots).Important harness races include the Breeders Crown, Hambletonian, and Gold Cupand Saucer.
- Endurance Horse
Horse Race Betting Online
These horses are bred for long distances between 10 and 100 miles. Thelongest horse race in the world is the Mongol Derby which is 620 miles long.
These horses are bred specifically for racing 0.25-mile tracks. They canreach 55 miles per hour at a full sprint.
Biggest US Horse Races
If you’re an American betting on horses, then you’ll likely want to bet onthe biggest and most popular US horse races that run each year.
The best online betting sites for horse racing will accept action on thefollowing races. We’ll start with the races that make up the Triple Crown.
This race is the first leg in the Triple Crown and is 1.25 miles long. It’srun on the first Saturday in May each year.
- Preakness Stakes
This 1.1875-mile-long race is held two weeks after the Kentucky Derby at thePimlico Race Course in Maryland.
This is the longest and most challenging race in the Triple Crown. It’s 1.5miles long. Belmont Stakes is run five weeks after the Kentucky Derby.
The Triple Crown is the most coveted award in all of US horse racing. To winthe Triple Crown, a horse must win all three races in a single year.
We’ve ranked the best US horse racing gambling sites for each race in theTriple Crown.
Those aren’t the only major US horse races you can bet on, though. There areothers that you can bet on, too.
This is a Thoroughbred race that takes place in the United States or Canadaeach year. This even takes two days to complete all 14 races. This includes the$6 million Breeders’ Cup Classic Race.
- Travers Stakes
This is a Thoroughbred race that’s run at the Saratoga Race Course in NewYork. This is a 1.25-mile-long race that has a $1.25 million purse.
This 1.25-mile Thoroughbred race is held at the Arlington InternationalRacecourse every year. The purse is $1 million.
- Arkansas Derby
The Arkansas Derby is held at the Oaklawn Park Race Track in Arkansas.Competitors race for 1.125 miles to win the $1 million purse.
This 1.25-mile race is held every year in at the Del Mar Racetrack inCalifornia. The purse is $1 million (guaranteed).
As we said, you won’t have any problems finding US-based horse races to beton, especially if you join a legit bookmaker. You canlearnmore about the major US racetracks here.
But the online racebooks we recommend don’t solely offer action on US horseraces. You’ll find plenty of opportunities for international horse races, too.This includes races like Epsom Derby, The Everest, Melbourne Cup, and the JapanCup.
Bets Americans Can Make on Horse Racing
You’re not going to have a shortage of betting options as long as you join aquality US horse betting site. The following bets are the types of wagers mostsites accept online.
Your horse needs to finish in first for this bet to pay.
- Place
Your horse needs to finish in first or second for this bet to pay.
Your horse needs to finish in first, second, or third for this bet to pay.
- Across the Board
Play your horse in all three positions. Your wager will apply across theboard, meaning that a $2 wager means you’re betting $2 to win, place, andshow. If your horse wins, you’ll collect on all three bets. If your horseplaces, you’ll collect on the place and show bet. And if your horses shows,you’ll collect only that bet.
Pick two horses that you think will finish in first or second. The orderdoesn’t matter so long as both horses finish in the top two.
- Exacta
Pick the two horses that you think will finish in the top two in theexact order they will finish in.
Same as the exacta bet but with a third horse. You need to decide whichhorses will finish in first, second, and third.
- Superfecta
Same as the trifecta bet but with a fourth horse.
Pick the winning horse in two consecutive races.
- Pick 3
Pick the horse that you think will win in three consecutive races.
Same as the pick 3 but your horse must win in four consecutive races instead.
- Pick 6
Same as the pick 4 but your horse must win in six consecutive races instead.
Pick the horse to win and three other horses, one of which that MUST finishin second for this bet to pay off. Sometimes, it’s called a “key” bet.
- Box
If you can’t narrow your selection of the best horses, you can choose severalhorses for an exacta, trifecta, or superfecta bet. Two to four of the five orsix horses you choose must finish in the top spots for this bet to pay off, butnot necessarily in the exact order.
Bet on future races weeks and months before the race starts.
- Props
These are bets on seemingly random outcomes that don’t fit under the categoryof winning a race. One example we’ve seen is a bet on whether you think therewill be a US Triple Crown winner the following year.
Keep in mind is that every online betting site is different. It doesn’tmatter what country you’re betting from. Every bookmaker covers different races,offers different odds, and accepts different types of bets.
This is one of the many reasons why we recommend you join more than one site.The more you join, assuming your bankroll can handle it, the more types of betsyou can make.
Having more than one online betting account also enables you to shop aroundfor the best odds. That way, you can ensure you’re getting the most value on theraces you want to bet on.
This is a common question we receive from Americans who want to bet on horsesonline.
If you’re tuned into gambling news and legislation, then you probably knowthat each state can legalize online sports betting. And you probably know thatmany states have done just that, while many others are arguing about how to getit done.
Currently, there are over 30 states that OFFICIALLY allow you to bet onhorses online. But just because you’re not in one of those states, that doesn’tmean you can’t gamble online. You still have the option of using offshore sites.
Most people won’t have any trouble betting on horses at offshore sites. Theyare usually safe and above board, assuming you sign with top-rated horse racingbetting sites such as the ones we recommend.
Regulation Is Key for Offshore Bookmakers
When choosing a US-friendly horse betting sites to join, one of the mostimportant things you want to look for is whether it is regulated or unregulated.
A regulated betting has a license in at least one gambling jurisdiction.There are many jurisdictions out there. Gambling commissions in Panama, CostaRica, and Curacao issue licenses to operators that serve US bettors online.
The license in itself is important because it means the operator applied forit. They had to pay a fee, prove that they had cashflow, and usually have toagree to a list of stipulations, such as keeping a separate account for playerfunds.
But that’s not all that a gambling commission does. They also “regulate” oroversee every betting sites they license to ensure they continue following theirrules. Gambling commission also investigated player complaints and, in the caseof a legitimate complaint, issue fines, suspensions, and even revoke licenses ifthe situation warrants it.
All of this is done to keep online bookmakers and sportsbooks above boardand, more importantly, players and their bankrolls safe.
Remember, every single one of the best US horse racing betting sites that werecommend operates legally in the jurisdictions they’re licensed in.
Horse racing is a beloved sport. People love to watch it, evident by the tensof thousands who show up to watch the races in person. This is on top ofthe MILLIONS who watch it on cable.
But fans love to bet on races just as much as they love to watch them. As aresult, millions of dollars are wagered annually on horse races.
If you’re excited to get started, the great news is that you can watch andbet on horse racing online from the comfort of your own home. You need nothingmore than a laptop or mobile device and an internet connection.
The first and most important step is to choose a site to join. Get this rightand it’s all but guaranteed that you’ll have a safe and enjoyable experiencegambling online.
We’ve already done the homework for you, reviewing and hand-selecting thebest US horse betting sites you can join this year. Join one today and find outfor yourself!
Betting on horse races is legal in much of the US. In the age of the internet and mobile devices, that often includes online wagering.
Legal horse betting sites and apps for 2021
Here is a look at some of the best online horse betting sites and apps, and how to get your money online. Many of these are PayPal betting sites.
See the latest odds for the Breeders’ Cup here.
TVG review
Best Horse Racing Betting Sites
TVG is most famous as the go-to for horse race viewing on television. However, it also offers online horse betting.
- Creating an Account: Creating an account takes just a few minutes. You must give your name, address, phone number and birthdate, while also making a password for your account. You will also need to provide the last four digits of your Social Security number.
- Depositing: Options about for depositing, including PayPal, TVG BetCash (for directly depositing from your bank account), credit or debit cards, TVG prepaid card, MoneyPak, PayNearMe, check or money order and wire transfer.
- Withdrawing: Once you have funded your account using one of the methods above, you can usually get your money back the same way.
- Betting Online: You can bet via the website, or download their app from the App Store. There is currently no app for Android, but the site is optimized for mobile. The full range of straight and exotic bets is available for bettors. You can also do your research right on the site or in the app for almost all races. Because it’s TVG, you can also watch many races online via the TVG website.
- TVG Promo Code: An up to $250 deposit bonus at 50% match is available on your first bet using promo code LSRTVG.
- Rewards Program: Users get points for each bet, with which they can later use for wager credits.
Play now at TVG and get up to $250 deposit bonus!
NYRA Bets
NYRA Bets is a production of the New York Racing Association (NYRA) that is available around the country.
- Creating an Account: Name, address, phone number, birth date and Social Security number are all required. You also need to create a username, password, and a PIN for using at tracks.
- Depositing: Options include Express Funding to link your bank account, credit card, PayNearMe, at some tracks, by mail or by wire transfer.
- Withdrawing: Most of the same options can be used to withdraw, once they have been used for a deposit.
- Betting Online: Bets can only be placed online or via a mobile browser; there is no app. Beyond that, though, NYRA Bets offers the full range of straight and exotic bets any experienced better would expect to find.
- Rewards Program: Users get points for each bet, with which they can later use for wager credits
What are the best horse betting sites in the USA?
Here is a full list of the legal horse betting sites in the US ranked in order. Bettors can learn more about horse racing online to acquire the best chances of being a successful bettor.
Top Horse Race Betting Sites in the USA
Ranking | Best Horse Racing Betting Site | Best Welcome Offer |
---|---|---|
1. | $250 First Deposit Bonus |
How to bet on horse racing?
Once you have signed up and deposited, you’ll be ready to place your first bet. This process will quickly become intuitive.
There are two parts to the process. First, you need to find your selection and the bet type you want to place. Second, you add this to your bet slip and confirm the amount to wager.
Navigating to your race can be done via the track listings or the timeline of races at all three major racing sites. You’ll see the runners for each race, with the odds for win and show, plus a toggle for more options. Adding the bet to your bet slip is as easy as clicking the line you want to bet.
Sites place the bet slip to the right (or via a pop-up message). For singles bets, you can add an amount to bet, then confirm to place this. For multiples bets (trifecta, exacta and superfecta), you need to first add all the selections to your slip.
You’ll then be set to follow the race via live stream, and hopefully collect those winnings.
Horse betting apps
Betting on your phone or tablet is effortless these days. The best horse race betting sites allow for this. The easiest way for most bettors is to access their websites via your mobile device. The display will automatically adjust to your small screen. All the functionality, including live streaming and results/stats, are available. You can deposit and place bets while on the move.
There are dedicated horse racing apps, which can be downloaded from the Apple App Store (for Apple devices). TVG, TwinSpires and BetAmerica offer these. Android users can download an app for TVG, though not the other two sites. This will come directly from TVG (it is not in the Google Play store). To download it, you’ll need to approve an “unknown” source.
Free bets, sign-up bonuses
Each of the major online racing sites offers free bets or bonuses. How these are given varies. Note that these will come with playthrough requirements and other terms and conditions. Check out our detailed horse race betting site reviews for more on the fine print.
TVG: New accounts who sign up using the bonus code LSRTVG will receive an up to $250 deposit bonus at 50% match.
Where can I watch the races?
You’ll have a lot of different options when it comes to watching horse racing as it happens. Options range from heading to your local track, to using your mobile phone to view a live stream. Here are the main choices:
- At the Track: With hundreds of racetracks nationwide, many people now have a venue within driving distance. You’ll find many tracks have entertainment complexes, and some offer casino games too.
- On TV: Major events are screened on the big networks; you can also watch TVG for smaller, daily races.
- Via Simulcast: Racetracks are linked together, with many offering big screens for races at other venues – as well as the ability to place bets on them.
- OTB Venues: Some states let you bet and view races/check results at dedicated off-track betting venues which don’t host live races.
- Streaming Live: The most popular racing sites (TGV, TwinSpires and BetAmerica) all offer live streaming via their websites and betting apps. If you are an active bettor, you’ll be able to view the races in real-time via your web browser.
If you miss a race, you’ll find the online horse racing betting sites offer replays to active bettors – as well as a comprehensive results service.
Horse racing odds and picks
In each race, the amount of money bet on the individual horses determined the odds. These can be expressed as positive or negatives.
For example, if you see 4:1, you’ll win $4 for every $1 you stake (plus your initial stake back). If you instead see 1:4, this means you’ll need to stake $4 to win each $1 of return.
These “odds-on” selections are found when a race has a strong favorite, which is widely expected to win.
Odds for place and show selections are naturally smaller than for win bets. You have multiple chances of being paid.
Horse racing has a skill element, involving finding value from the field. Picking a potential winner or finding a selection whose price is better than their true winning chances will make you money over time.
Online horse racing betting sites help you pick winners by providing statistics detailing the results of previous races. These range from simple form guides and raw results to detailed past performance databases.
Many databases are paid services, with the racebooks offering them as a perk for bettors who wager on a specific meeting.
Understanding the payouts
All racing bets are pooled. The total bet around the country on a race is divided among the selections. For example, if a million dollars is bet on win in a race, 50% of this is on a single horse. The winners (should this horse win) are paid 1:1. The prizes for place, show and trifecta bets are determined in the same way.
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.
Biggest horse races across the US
There are prestigious events for all types of horse racing, which range from harness through to Arabian horses. When it comes to events that catch the public’s imagination, the Triple Crown takes center stage.
This involves three races for thoroughbreds, each of which has qualifiers to ensure that only the best horses get to take part. Here are the races in date order. To complete the Triple Crown, a horse needs to win all three in the same year.
- Kentucky Derby: Held at Churchill Downs racetrack in Louisville, KY, this race is known as “the most exciting two minutes in sport.” The Kentucky Derby has been run every year since 1875 and caps a two weeklong festival featuring many races. A number of traditions go alongside this race. These include mint julep cocktails and a blanket of roses which is placed on the winning horse.
- Preakness Stakes: The second leg of the Triple Crown is held at the Pimlico Racetrack in Baltimore, MA. It is held two weeks after the Kentucky Derby on the thirdSaturday in May. This race is 1900 meters and on a dirt track. A blanket of flowers is placed on the winner of this race too – in this case, black-eyed Susans.
- Belmont Stakes: If a horse has won both of the preceding races, all eyes will be on it for the final leg of the Triple Crown. The Belmont Stakes takes place in Elmont, NY, on either the first or second Saturday in June. This 1.5-mile race started in 1867. It attracts huge TV audiences when the Triple Crown is at stake. Flowers have once again become a tradition. This time the winner is decked in a blanket covered in white carnations.
Other races you can bet on in the United States
- The Arlington International Festival of Racing – Arlington Park
- Stars and Stripes Racing Festival – Belmont Park
- Haskell Invitational Stakes – Monmouth Park
- Travers Stakes – Saratoga Race Course
- Dubai World Cup – Meydan Racecourse, Dubai
- Santa Anita Derby – Santa Anita, Calif.
Where can you bet on horse races online in the US?
Betting on horse racing online or via a mobile device is not legal in every state.
- Alabama
- Arkansas
- California
- Connecticut
- Delaware
- Florida
- Illinois
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maryland
- Massachusetts
- Montana
- New Hampshire
- New York
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Dakota
- Tennessee
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Where and how you can bet can vary by state, but some apps serve all of these.
Apps and websites operating in these states often allow wagering on races across the country and even internationally.
How is it legal?
The Unlawful Internet Gambling Enforcement Act (UIGEA) has a carveout for horse racing. That leaves it up to the states whether they want to legalize online wagering on horse races.
Anywhere the platforms above offer wagering, state laws have been enacted to allow for online wagering and horse race betting apps.
Virtual horse race betting
If no real races are going on, you can also wager on virtual horse races. These are races simulated by a computer program, and bettors can still wager on the outcome. More on virtual sports betting.
Unfortunately, this is not offered in the US, although land-based and online casinos may offer this in the near future. Wagering on virtual horse races is more common in Europe and other regulated markets internationally.
Horse racing breeds
To the majority of people, racehorses look similar. 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. While there is a big mix of heritage, they can all be traced back to just three fathers born in the 1700s. Those sires were then imported to England, where they established blood-lines that were later imported to the US.
Standardbred Horses: Harness racing uses a different breed known as standardbred. These horses can have thoroughbred ancestors, with mixed heritage. This breed is considered easier to handle than the highly-strung thoroughbreds. Standardbred horses are used for showjumping as well as harness/trotting racing.
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. Arabian horses are perfect for long distances racing, though not for short bursts of speed. As the name implies, these horses (recorded as a subsection of thoroughbreds) were first bred in the Middle East.
Quarter Horses: Quarter Horses is a name given to the mixed-breeds which come from Spanish colonial stock. The name comes from the quarter-mile racetrack which was popular in the early days of horse racing.
Horse race betting terms
There are a lot of slang terms, acronyms and unique terms associated with betting on horses. The list below includes the key definitions to get you started.
Blinkers: Also known as “blinders,” these cup-shaped devices cover the eyes of horses, narrowing their field of vision to the track ahead.
Colt: A male horse.
Daily Double: A bet which involves picking the winners of two highlighted races (usually consecutive races).
Furlong: This is a distance measure, e.g., a race might be listed at 10 furlongs. Each one is one-eighth of a mile.
Exacta: This is a bet on the first- and second-place finisher (in the right order).
Filly: A female horse.
Gelding: This term refers to a male horse that has been sterilized, which a common practice which can make unruly horses focus on racing.
Grade: Races are graded on the quality of the horses involved (and purse). Grade 1 races have the best competitors.
Handicap: Many races add weight to the better horses (based on past performance) to level the playing field.
List Of Horse Betting Sites
Harness Racing: These races involve jockeys in small carts behind the horses.
OTB: This acronym stands for off-track betting. In some states, you can place bets at venues which do not have racing of their own.
Post Position: The placement of a horse in the starting stalls, which is 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 (or other bet types). This betting format is called pari-mutuel betting.
Horse Racing Betting Sites Reviews
Place: A bet on a horse to finish either first or second.
Pick 6: A bet covering the entire race card. Pick bets can sometimes be found for three or more races. If this is not won, the prize pool is rolled over onto the next racing fixture.
Purse: This describes the prize money awarded for a race.
Show: A bet where you win if your selection finishes either first, second or third.
Simulcast: Live races shown on screens at racetracks around the country. You can bet on these races and watch them as they happen.
Superfecta: Bet on the first four finishers in the right order; this bet has the potential for huge prizes.
Trotting: This form of racing does not allow the horses to break into a gallop.
Online Horse Betting Sites Reviews
Triple Crown: To win the Triple Crown a horse needs to win the Kentucky Derby, Preakness Stakes and Belmont Stakes in the same year.
Trifecta: A bet where you need to predict the first-, second and third-place finisher of a race in the correct order.
Win: The basic horse racing bet, you pick a winner of the race.