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Best Horse Racing Betting Sites 2024: Top Sportsbooks for Horse Racing

Are you looking to find out where the best horse racing betting sites are, so that you can get a head start on your betting journey? Well, then you've come to the right place!

In this article, I’ll be going through what it is that separates the best sportsbooks for horse racing from the rest of the pack by explaining the features that they offer, how to sign up and a whole lot more. I’m sure that by the end of this guide, you’ll know all of the tips so you can have a top-notch experience from start to finish.

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Find the best Horse Racing betting sites in 2024

What is a horse racing betting site?

A horse racing betting site is an online platform that you can go to if you are looking to place a wager on any of the upcoming races. Some sportsbooks offer horse racing exclusively, but at many sports betting sites, horse racing is included. At these online platforms you can place a range of different bets on your favorite horses and races from your home. With some sites offering live streaming, you could even think of it as a digital grandstand where you can watch events unfold.

I believe that good horse racing betting sites should offer a range of features like live streaming, up-to-date stats, and expert tips. I find that the best sites also have a big range of betting markets to choose from, so that you can always have the option to try out some more exotic options like exactas and trifectas.

Pros and cons of the best horse racing betting sites

  • Generous bonuses
  • Frequent promotions
  • Competitive odds
  • Live streaming options
  • Not available in all US states

Benefits of playing at the best horse racing gambling sites

Now that you know what a horse racing betting site it, let’s get into some of the benefits of playing at these sites:

1. Generous bonuses and promos

One of the first things that I check for when I am deciding which betting site to join is how generous they are with bonuses and promos. At all of the best betting sites, this is an area that they are always onto. They can come in the form of a welcome bonus, deposit bonus, or when they offer a range of promos for the biggest upcoming races. By looking for a place that offers these different bonuses and promotions you are effectively getting your hands on some extra money that you can go and use to place a wager with.

2. Competitive odds

If you are looking to maximize your potential returns, then you have to sign up at a betting site that is offering the most competitive odds. All of the best sites will offer the best odds on the big races to make sure that you are getting a fair deal. In my experience, I think that checking the odds of the different operators is one of the best ways to decide on where you should sign up, so I recommend having a little shop around when the next big race is on to see who is offering the best deal.

A lot of the new betting sites, as well as the most reputable operators, will also offer you a range of odds boosts. Odds boosts are great ways to get some better returns on your wager, as they will allow you a one-time chance to swap the odds in your favor. If you go to sites that are known to have the best sports betting app, then you get to enable push notifications which can notify you when these odds boosts occur.

3. Variety of horse racing markets

Everyone has a different style when it comes to betting on the horses, so it’s always better when you have the offer to choose between a wide array of sports betting options. Here is a range of options that you can choose from at the best horse racing betting sites out there.

  • Win bet: A wager where you bet on a single horse to win the race.
  • Place bet: When you bet on a single horse to finish in the top two or three, depending on the specific race rules.
  • Show bet: Betting on a horse to finish in the top three.
  • Each way bet: A combination of a win and a place bet; you get paid if the horse wins or places.
  • Exacta: Betting on the first and second finishers in the exact order.
  • Quinella: Betting on the first and second finishers in any order.
  • Trifecta: Betting on the first three finishers in the exact order.
  • Superfecta: Betting on the first four finishers in the exact order.
  • Daily Double: Betting on the winners of two consecutive races.
  • Pick 3, Pick 4, etc.: Betting on the winners of three, four, or more consecutive races.
  • Specials: Additional bets on specific outcomes, such as leading jockey or trainer.

4. Live streaming

If you’re like me then I am sure that you will want to watch the race after you place the wager. Thankfully, that is possible if you head over to the most reputable live betting sites. It is quite common for operators to have live streaming available, but where the best pull away from the rest, is when they live stream the biggest races of the year. Be sure to check out which sites have live streaming for the big races like The Kentucky Derby.

5. Safe and secure payment options

Probably the most important thing to look for at a betting site is the security of their payment options. At all of the top sites, you’ll have a selection of the world’s best payment methods to choose from. Here’s a table that shows the kind of options that are available with the biggest and best horse racing gambling sites:

Payment methodProvidersDescription
Credit and debit cardsVisa, Mastercard, American ExpressThese are some of the most commonly accepted payment methods, known for their safety and reliability.
E-walletsPayPal, Skrill, NetellerMany betting platforms also accept e-wallets, which typically offer quick deposit and withdrawal times; however, they may not always be eligible for bonuses.
Bank transfersACH, Wire TransfersBank transfers are a dependable option, widely accepted on major platforms, though they can sometimes experience longer processing periods.

Prepaid cardsPaysafecardPrepaid cards provide a great way to manage your online betting budget since you can control the exact amount loaded onto the card, but acceptance can vary across different betting sites.

CryptocurrencyBitcoin, Ethereum, LitecoinCryptocurrencies are gaining popularity, and while some platforms are beginning to accept them as a payment method, they are still not commonly available.

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How to register a new account at an online horse racing sportsbook

After talking about all of these features that you can find at the best horse racing sportsbooks, I am sure that you’ll be wanting to know how you can go and sign up. To help you out, I have created this guide that will help you through the process of registering a new account:

  1. Select your platform: Explore your options and decide where you want to play.
  2. Sign up: Head to the official site or use the mobile app, navigate to the main menu, and choose the registration option.
  3. Fill in your details: Provide the necessary information, such as your email, phone number, and birth date.
  4. Verify your identity: The site will require you to confirm your identity to ensure you're of legal age and residing in a country or US state where online betting is permitted.
  5. Look for bonuses: If there’s a welcome offer, be sure to enter the promo code to get some extra betting credit.
  6. Deposit funds: Once registered, you can deposit money into your account by selecting your preferred payment method and confirming the transaction.
  7. Place your bet: With everything set up, you're ready to place a wager and test your predictions!

Now this is just a general guide as the registration process will change slightly depending on where you choose to sign up.

Betting tools for horse racing sportsbooks

When I first got into betting on horse racing, I really didn’t utilize the tools that are out there well enough. By using these tools you can do way better analysis before the race happens, so that when you do place your wager, it is as informed as can be. Here is a list of my favorite sports betting tools.

  • Odds comparison tool: This tool enables bettors to compare odds from various sportsbooks, helping them identify the best odds for their chosen bet.
  • Betting calculator: A tool designed to estimate potential payouts, profits, and returns for different types of wagers, including parlays and accumulators.
  • Betting tracker: A tool or app that allows bettors to monitor their bets, track wins and losses, and analyze overall performance to spot trends and areas for improvement.
  • Bankroll management: A tool that assists bettors in managing their betting budget effectively, by setting limits, tracking spending, and promoting responsible betting practices.

The legalities that surround horse racing betting in the US could be likened to betting on your horse to win the Kentucky Derby. Sometimes it's a sure thing, and other times it isn’t! When it comes to betting on horse racing online, you’ll find that it is fully legal in certain states like California, New York, Kentucky, and Florida. In these places the State has decided that bettors can legally place wagers on horse racing. On the other side of the fence, you have states like Utah and Hawaii, where they have decided that betting on horse races is strictly off-limits.

My 5 top tips for horse racing betting

Now that you know whether or not you can bet on horse racing in your area of residence, here are some of my top tips for horse racing betting:

1. Don’t limit yourself to a single sportsbook

Like I said earlier, you should shop around to find which place has the most competitive odds, so that you can potentially maximize your returns.

2. Make the most out of your bonuses

All of the best sportsbooks frequently offer enticing promotions and these offer a great opportunity to place some extra bets at no extra cost.

3. Find your niche

If you find a winning formula, then stick to it. By focusing on a specific area, you can start to identify trends and opportunities that might be overlooked otherwise.

4. Bet responsibly

Avoid making any betting decisions based on emotion. Be sure to always set limits so that betting remains something that is just for fun.

5. Stay informed with expert advice

All of the top betting sites offer expert tips to the people. I have found this is a great way to quickly learn all about the different factors that will affect your race.

Final thoughts on finding the best horse racing sportsbook for you

Finding the best horse racing sportsbook for you can be a bit of a challenge, but I hope that you can leave here with a better idea of what to look for. Remember to look for the sportsbooks that offer generous bonuses, frequent promotions and a wide range of betting markets, so that you can maximize your chances for success. Also have another look at my horse racing top tips so that you can get a headstart when you find your favored site. So, get out there and have a look for somewhere to play, and always remember to bet responsibly!

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Horse racing betting sites FAQs

🏇 What is online horse racing betting?

Online horse racing betting is where you place wagers on a variety of the potential outcomes of a horse race at an internet-based betting platform. Bettors can choose from various types of bets and races globally.

🌐 How do I start betting on horse racing online?

Before you start you will need to choose a reputable online sportsbook or betting site that suits your needs. After you know where you want to play you need to create an account, deposit funds, and then place a bet on whichever market you decide is going to win.

🤔 What types of bets can I place?

At the best online sportsbooks you can place a heap of different bets. Common bets like betting on a horse to finish first are obviously possible, but there are a bunch of other options available. These include place bets, show bets, exactas and quinellas.

🔐 Are online horse racing betting sites safe?

Yes, as long as you decide to sign up at licensed and regulated sites. It is always a good idea to look for sites that have strong security measures like SSL-encryption and secure payment options.

🎁 Can I use bonuses for horse racing bets?

The best online sportsbooks out there will offer a range of bonuses or promotions that can be used on horse racing bets.

Top Betting Sites
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BetMGM
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