Few sports rely on sports betting more than horse racing. Over $12bn was wagered on the sport in 2021, with numbers set to continue to rise as online/mobile betting increases – in 2022, a record $179m was bet into the pari-mutuel pool for the Kentucky Derby.

In this article, we will explore the best horse racing betting sites, focusing on important aspects like pool betting and where to place bets on major events such as the Breeders’ Cup. We will also provide detailed reviews of our top 10 choices, including details about horse racing features, bonuses, customer support, and payment options. Additionally, we will share some betting strategies and markets to consider.

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List of the Best Horse Racing Betting Sites 2024

The list below is our experts’ top 10 sites for betting on horse racing, all of which have superb and extensive racebooks.

  1. BetOnline – Excellent betting lines for racing & early access
  2. Bovada – Offer the best enhanced odds for horse racing
  3. BetUS – Racing’s No.1 for live stream betting
  4. BC.Game – Great welcome bonus for playing virtual racing
  5. XBet – Brilliant bonuses for both new and existing players
  6. Lucky Block – Covers 35+ sports for online betting
  7. SportsBetting.ag – Best prop builder tool for betting
  8. Everygame – Ideal for horse racing newbies
  9. MyBookie – Offer an 8% rebate on horse racing action
  10. BUSR – Leading site for racing futures markets

Reviews of the Best Horse Racing Betting Sites

We’ve expanded on the list of the best horse racing betting sites to bring you a more in-depth look at how the sites work, looking specifically at their relationship with racebooks.

1.   BetOnline – No.1 Sportsbook for Horse Racing Betting

  • Website: BetOnline.ag
  • Payout time: 1-2 business days
  • Established: 2004
  • License: Panama City, Panama
  • Headquarters: Panama City, Panama

Our Verdict: 4.9/5

BetOnline was founded in 2004 and has been a top offshore betting site ever since. The company has built a brand that provides a wide range of sports and markets, along with great betting lines, making it a clear choice for bettors.

betonline horse racing betting

Horse Racing Options at BetOnline: 4.8/5

The racebook is a standalone entity to the rest of the betting site. The layout includes the upcoming races for the day down the left and then the associated card once the race is picked. What’s great about BetOnline is their ability to offer early horse racing lines, often going live before most of the competition. For beginners, it’s worth checking out Racebook 101 which highlights all you need to know about how the horse racing section works, along with track profiles.

Payment Options: 4.7/5

BetOnline hosts a wide range of payment options. Crypto is now our preferred banking method as it allows you to deposit from as little as $20, withdraw almost instantly, and claim a larger welcome bonus. More traditional methods include credit and debit cards, Person 2 Person, bank wire, and money transfers. The only downside is that fees are applied to all withdrawal methods apart from crypto.

Customer Support: 4.8/5

Live chat and an online message center are accessible to the support team. You can get in touch around the clock and there is a massive help center that covers a lot of the everyday issues you may incur.

Bonuses and Promotions: 4.8/5

BetOnline’s welcome bonus offer gives out a 50% match on deposits up to $1,000. You can use the BetOnline promo code BOL1000 to trigger this, which comes with a 10x rollover and a $55 min deposit. You’re also going to be able to claim a 9% horse racing rebate on all losses, paid as cash.

BetOnline sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Sign-up Offer 50% up to $1,000 BOL1000 10x $55        ❌
Crypto Sign-up Offer 100% up to $1,000 CRYPTO100 14x $20
Horse Racing Free Bet $25 Risk Free N/A 6x N/A

Pros:

  • Best for Horse Racing betting
  • Excellent betting lines
  • Early access to Horse Racing sports and markets
  • Racing 101 is ideal for beginners
  • Dedicated horse racing promotions

Cons:

  • Cannot use eWallets
  • High minimum deposit for welcome bonus

2.   Bovada – Best for Enhanced Odds for Horse Racing

  • Website: Bovada
  • Payout time: 1-2 Days
  • Established: 2011
  • License: Costa Rica
  • Headquarters: Costa Rica

Our Verdict: 4.8/5

Another huge brand in the sports betting sector is Bovada. The site has a huge database of customers making it incredibly popular, with enhanced betting lines being one of the big selling points. Its clean design and mobile betting options make it an easy pick for horse racing punters, with links to both casino and online poker as well.

bovada horse racing betting

Horse Racing Options at Bovada: 4.7/5

Bovada benefits from a separate horse racing section. It’s not the biggest in terms of features, but its incredibly competitive pricing structure makes it one of the best. You’re able to sort races via the track, then easily scroll through the racecards for the day’s racing. Win, place, and show betting options are all accessible, as well as morning line odds.

Payment Options: 4.7/5

Deposit options include Visa, Mastercard, and American Express as the more traditional options. Crypto includes Bitcoin, Ethereum, Litecoin, Bitcoin SV, Bitcoin Cash, and Tether. You can deposit from $20 and withdrawals can be made using any of the crypto options, bank wire, or check.

Customer Support: 4.7/5

Bovada benefits from an excellent help center that includes a ton of information regarding your account, banking, and how the betting site works. You can also get in touch with live chat, which are accessible 24/7.

Bonuses and Promos: 4.8/5

The welcome bonus at Bovada is a 50% match worth up to $250. You do not need to use a Bovada promo code for this offer and it comes with a very low rollover of just 5x. Min deposits to trigger the offer start from $20. If you deposit using crypto then you can get a larger welcome bonus worth up to $750 which is a 75% match and offers better value as a result.

Bovada sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Sign-up Offer 50% up to $250 N/A 5x $20
Crypto Sign-up Offer 75% up to $750 N/A 5x $20

Pros:

  • Wide range of enhanced odds for Horse Racing markets
  • Great looking betting site
  • Low wagering on welcome bonus
  • Crypto welcome bonus

Cons:

  • Small welcome bonus
  • Not many crypto deposit options

3.   BetUS – Best for Horse Racing Streaming

  • Website: BetUS
  • Payout time: 24 Hours
  • Established: 1994
  • License: Curacao
  • Headquarters: Costa Rica

Our Verdict: 4.7/5

BetUS is one of few betting sites that can compete with both Bovada and BetOnline when it comes to the best sportsbooks. The design of the site is excellent, but one of the biggest selling points is that they are one of few to have a dedicated TV channel and selected live streaming on major horse races around the world.

betus horse racing betting

Horse Racing Options at BetUS: 4.7/5

The racebook uses a range of menu systems that allow you to navigate to the track and then the race of choice. You can choose between North American and International thoroughbred races, fixed odds, and harness racing. Betting options include a win and place bet, with racecards that include the runner’s name, number, jockey, and the morning line.

Payment Options: 4.7/5

Deposits at BetUS start from $10, which is ideal for those wanting to work with a smaller bankroll. Options include credit/debit cards, cash transfers, crypto, and bank wire. You will not be subject to untoward fees and withdrawals will be completed within 48 hours, but often much quicker if using crypto.

Customer Support: 4.9/5

BetUS is one of the few sportsbooks that have a phone number to get in touch with customer support. Alternatively, there is 24/7 live chat, an online contact form, and access to multiple social media platforms.

Bonuses and Promos: 4.8/5

The welcome bonus at BetUS is one of the biggest and best in the business. It’s a 125% match worth up to $3,125. The sports bonus is worth up to $2,500 with an additional $625 for the casino. The rollover for sports is 10x and casinos 30x, with a minimum deposit to trigger the offer of $100. Use the BetUS promo code “JOIN125” for this offer.

BetUS sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Sign-up Offer 125% up to $3,125 JOIN125 10x sports, 30x casino $100      ❌

Pros:

  • Huge Horse Racing streaming section
  • Sports and casino welcome offer
  • $3,125 bonus
  • Enhanced odds accessible within Horse Racing section

Cons:

  • No eWallet payment options
  • High min deposit for the welcome offer

4.   BC.Game – Best Horse Racing Betting Site for Mobile Betting

  • Website: BC.Game
  • Payout time: Up to 24 hours
  • Established: 2018
  • License: Curacao
  • Headquarters: Curacao

Our Verdict: 4.7/5

BC.Game is one of the newest betting sites that we’ve included on our list. It comes packed with a huge range of sports to bet on, and has one of the best designs, with a customizable layout that you can switch between light and dark modes.

Horse Racing Options at BC.Game: 4.7/5

Horse racing comes to life within major race meetings, such as the Kentucky Derby and Cheltenham Festival. Betting lines are highly competitive and there are often enhanced odds with feature races. Racecards include Morning Line odds and you’re able to create parlay bets within each meeting.

Payment Options: 4.5/5

Crypto is the main payment option at BC.Game and you will need to deposit using a range of coins. Wallets include Bitcoin, Ethereum, Litecoin, and Dogecoin, with deposits from just $20. You can buy coins on the site using debit and credit cards, as well as Apple Pay and Google Pay.

Customer Support: 4.7/5

The support team is excellent, and you can get in touch via live chat. The help center is good and includes a decent range of information, although we found it much easier to get in touch via live chat.

Bonuses and Promos: 4.4/5

The welcome bonus is worth a massive 20,000 BCD. It comes with a 30x rollover and a minimum deposit of $50. There are multiple reload bonuses available once this is cleared and it’s one of the biggest promotion packages from any of the sites that we’ve tested.

BC.Game sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Sign-up Offer 270% up to 1 BTC N/A Wagering amount x 1% x 25% 0.01 BTC

Pros:

  • Best for UK players
  • Customizable design
  • Don’t need a dedicated wallet
  • Odds boosts can be used for Horse Racing

Cons:

  • High rollover on the welcome bonus

5.   XBet – Best for New and Existing Player Bonuses

  • Website: XBet
  • Payout time: 1-2 days
  • Established: 2007
  • License: Costa Rica
  • Headquarters: Costa Rica

Our Verdict: 4.7/5

XBet is a great alternative for horse racing betting. The site has been established since 2007 and comes packed with sports and markets. Its standout feature comes in the form of the promotions on offer, namely a 7% rebate on all horse racing bets. On top of this, they have dedicated blogs for horse racing tips and previews and are one of the few sites to offer this.

xbet horse racing betting

Horse Racing Options at XBet: 4.5/5

International coverage is accessible at XBet. Most races are based in the US but also include the UK, Ireland, South Africa, and the Middle East. You can choose between thoroughbred, harness, and greyhound racing. Each race card includes the horses in the race, jockeys, trainers, and an accurate Morning Line price.

Payment Options: 4.6/5

Deposit options include Visa, Mastercard, Pre-Paid cards, Bitcoin, Bitcoin Cash, Litecoin, and MoneyGram. Fees are charged on all card deposits ranging from 4.9% to 6%. To avoid these we highly recommend that you bank with one of the crypto methods that not only avoid these fees but also process withdrawals within a matter of minutes.

Customer Support: 4.3/5

Customer support options include live chat, but you need an account to access this. If you don’t have an account, then you can use the online contact form or the help center which includes a plethora of information regarding account and sportsbook queries.

Bonuses and Promos: 4.9/5

Promotions are some of the best in the industry. As stated earlier, you get a 7% cash rebate on horse racing losses. The welcome bonus is a 50% match up to $500 and comes with a rollover of just 7x, which is one of the lowest that we’ve tested. Use the XBet promo code B2CXB to trigger this offer.

XBet sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Sign-up Offer 50% up to $500 XB100 7x $45
Reload Offer 25% up to $250 B2CXB 5x $100

Pros:

  • Very low rollover on the welcome bonus
  • Unlimited reload bonuses
  • Horse racing betting blog with race previews and tips
  • Low $20 min deposits

Cons:

  • Limited markets coverage
  • Poor design

6.   Lucky Block – Best Site for Instant Withdrawals and No KYC

  • Website: Lucky Block
  • Payout time: Instant
  • Established: 2022
  • License: Curacao
  • Headquarters: Curacao

Our Verdict: 4.7/5

A crypto-based sportsbook, Lucky Block gives access to a range of features such as instant registration without the need for KYC and instant withdrawals. The sportsbook is growing rapidly, with new sports and markets being added all the time.

Lucky Block

Horse Racing Options at Lucky Block: 4.7/5

Horse racing options at Lucky Block are good, but it lacks depth when compared to the sites above. They currently only have domestic races from within the United States, although the platform that it uses is like other sites that have a much wider selection of meetings to choose from, meaning that it’s likely these will be implemented soon.

Payment Options: 4.8/5

Lucky Block is a blockchain betting site, which means that you need to bank with crypto to fund your account. However, unlike other blockchain sites, you can use traditional payment methods such as credit and debit cards to buy coins direct from the site. There are no fees to do this and payments for both deposits and withdrawals are processed instantly.

Customer Support: 4.6/5

The support team is on hand via a range of options. The best and easiest way to access is via the live chat function, accessible 24/7. You can also use the online contact form or the help center for more information if needed.

Bonuses and Promos: 1/5

There are currently no sports betting promotions running at Lucky Block. However, if you want to claim a casino offer then you can do so, which is worth up to $10,000.

Lucky Block sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Welcome Bonus 200% up to $10,000 + 50 Free Spins N/A N/A N/A

Pros:

  • No KYC, 30-second account creation
  • Instant withdrawals
  • $1 min deposits
  • Huge range of sports to bet on

Cons:

  • Limited traditional payment methods
  • No poker room

7.   Sportsbetting.ag – Best Prop Builder for Horse Racing Betting

  • Website: Sportsbetting.ag
  • Payout time: Up to 48 hours
  • Established: 1999
  • License: Panama
  • Headquarters: Panama

Our Verdict: 4.6/5

Another stalwart of the online betting industry is Sportsbetting.ag. The site has been online since 1999 and comes packed with features such as mobile betting, contests, and a dedicated horse racing betting site. The site also has a new design for 2023 switching it from one of the weakest in terms of design, to one of the best.

sportsbetting.ag horse racing betting

Horse Racing Options at Sportsbetting.ag: 4.7/5

The horse racing betting section has benefitted massively from the new design, namely within the racecard. You get access to win, place, and show bets as standard, with exotics such as straight, exacta, trifecta, superfecta and pick 3 bets. Each race comes with information on the type, distance, surface, purse, and location, as well as coverage from tracks around the world.

Payment Options: 4.8/5

The easiest way to bank with Sportsbetting.ag is with crypto. Options include Bitcoin, ApeCoin, Avalanche, Bitcoin Cash, and Dogecoin. Deposits start from $20. Alternatively, more traditional methods include American Express, Discover, Vida, Person 2 Person, Money Order, and Wire Transfer.

Customer Support: 4.7/5

Support is accessible 24/7 and the best way to get in touch is via live chat. They also include a phone number, which is a welcomed additional, along with dedicated email addresses depending on which department you want to contact.

Bonuses and Promos: 4.6/5

The welcome offer is a 50% match worth up to $1,000. You can use the SPortsbetting.ag promo code SB100 to trigger and this comes with a rollover of just 10x. Deposits of $20 or more will be eligible to claim this offer. If you decide to deposit with crypto you get a 100% match up to $1,000, but the rollover increases to 14x.

Sportsbetting.ag sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Welcome Offer 50% up to $1,000 SB100 10x $55 N/A
Crypto Welcome Offer 100% up to $1,000 100CRYPTO 14x $20      ✅

Pros:

  • Trusted brand
  • Good layout for Horse Racing betting
  • Easy to deposit and withdraw
  • Great customer support

Cons:

  • Late to launch betting lines

8.   Everygame – Best for New Players to Horse Racing Betting

  • Website: Everygame
  • Payout time: 1-2 days
  • Established: 1996
  • License: Kahnawake
  • Headquarters: Antigua

Our Verdict: 4.6/5

Everygame is the oldest betting site on our list. The brand is not only well-established but also one of the biggest when it comes to sports coverage, which includes horse racing. It’s easy to use, which makes it ideal for new users to the sport. Betting lines are released on the morning of the race and are extremely competitive, even when compared with the likes of BetOnline and Bovada.

everygame horse racing betting

Horse Racing Options at Everygame: 4.4/5

Coverage includes racing at track throughout the United States. It lacks international coverage, which is one of very few negatives, but has strong betting lines for domestic races, which is one of the main reasons why they rank as high as they do. Markets include outright and to place, with a good selection of Futures, such as the Kentucky Derby.

Payment Options: 4.5/5

Payment options at Everygame include Visa, Mastercard, Bitcoin, Bitcoin Cash, Litecoin, EcoPayz, Paysafe and bank transfer. Crypto deposits start from $20 and credit/debit cards from $100. Withdrawals are processed within 48 hours, although crypto is usually much sooner than that.

Customer Support: 4.5/5

The support team is accessible 24/7 and includes a live chat function as well as online contact. They also have email addresses for sections of the site, such as General and Sportsbooks, Poker, Casino and Payment enquires.

Bonuses and Promos: 4.4/5

The sportsbook welcome offer is a 100% match worth up to $150. You can claim this promotion three times as a new account using the Everygame promo code “3XBOOST50”. Each bonus comes with a rollover of just 8x and is triggered by deposits of $20 or more.

Everygame sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Sign-up Offer 100% up to $750 3XBOOST50 8x $20      ✅

Pros:

  • Huge range of US races to bet on
  • Very low rollover on welcome bonus
  • Nice, clean design
  • Strong betting lines

Cons:

  • Small welcome bonus
  • Lack of international coverage

9.   MyBookie – Best Horse Racing Betting Blog and Free Tips

  • Website: MyBookie
  • Payout time: 1-2 days
  • Established: 2013
  • License: Cost Rica
  • Headquarters: Costa Rica

Our Verdict: 4.6/5

MyBookie is one of the biggest offshore betting sites in the industry. The site has been online since 2013 and has a huge customer base. Some of the standout features include a live betting blog that includes previews of upcoming races, huge range of prop bets and exotics, great customer service and easy to clear bonuses.

mybookie horse racing betting

Horse Racing Options at MyBookie: 4.5/5

Horse racing benefits from having a standalone section from the main online sportsbook. Racing coverage is international, which includes the US, Canada, Australia, the UK, Ireland, and the Middle East. Betting lines are strong, and the Morning Line price is usually live around 8 am PT. Each race has excellent market coverage that includes Straight, Exacta, Trifecta, Superfecta, Daily Double, Pick 3, and Parlay options.

Payment Options: 4.4/5

To deposit at MyBookie you can access Visa, Mastercard, Bitcoin, American Express, Ethereum, Litecoin, and Person 2 Person. Deposits start from $20, and withdrawals are processed within 48 hours.

Customer Support: 4.5/5

The help center is a great resource, and we would recommend heading there first before you contact customer support. If you need additional information, then there is a live chat function and a contact form that you can use.

Bonuses and Promos: 4.7/5

The signup offer for new accounts to the sportsbook is worth up to $1,000 and is a 50% match. Use the MyBookie promo code B2C100 to claim the offer. It comes with a 10x rollover and a minimum deposit of $45 to trigger it.

MyBookie sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Sign-up Offer 50% up to $1,000 MYB100 10x $50      ✅
Cash Bonus 10% up to $200 B2C100 1x $45

Pros:

  • Trusted brand
  • Enhanced odds
  • Reduced juice on some betting lines
  • Cash rebates on horse racing

Cons:

  • Poor design
  • High min deposit to trigger promotions

10. BUSR – Best Site for Futures Horse Racing Bets

  • Website: BUSR
  • Payout time: Up to 48 Hours
  • Established: 2014
  • License: Curacao
  • Headquarters: Curacao

Our Verdict: 4.6/5

BUSR has recently benefited from a new design, which is one of many reasons why the site is now one of the best. The sportsbook is vast and is packed with features such as a bet builder, props builder, and a dedicated betting blog for horse racing.

busr horse racing betting

Horse Racing Options at BUSR: 4.7/5

The racebook is separate from the main sportsbook. There is a huge range of Futures to choose from on tracks from around the world. Cards are easy to navigate between races for each meeting, with markets that include straight, Quinella, Exacta, Trifecta, Superfecta, Daily Double, Pick 3, and Parlay bets. You get an early Morning Line price, which will change in the lead-up to the race. Betting lines are competitive and overall, offer good value compared with the competition.

Payment Options: 4.4/5

Mastercard, Visa, American Express, Bitcoin, Litecoin, Bitcoin Cash, Ethereum, and Person 2 Person Money Transfer are all accessible at BUSR. Crypto is the only free option for withdrawals and payments are processed within a matter of hours. All other withdrawal methods will incur a fee.

Customer Support: 4.5/5

Live chat is the best way to get in touch, which is accessible 24/7. You can also ring them via a toll-free number or use the contact form on-site. The help center is excellent and will include most issues that may arise.

Bonuses and Promos: 4.7/5

The welcome bonus is the biggest of the sites that we’ve listed on this page, with a massive 150% deposit match worth up to $2,500. Use the BUSR promo code B2C150 to claim the offer. It comes with a rollover of just 10x but has quite a high minimum deposit of $100 to trigger.

BUSR sports bonus:

Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted?
Sports Sign-up Offer 150% up to $2,500 B2C150 10x $100      ✅

Pros:

  • Best for UK and US-based players
  • Great design
  • Huge coverage of horse racing Futures
  • Wide range of promotions

Cons:

  • Fees on some withdrawal methods

FAQs

Can I bet on horse racing in the US?

What are the best horse racing sites in the US?

How do you bet on horse racing for beginners?

What type of bets are there for horse racing?

What is the best bet to make in horse racing?

Is horse racing betting profitable?

Comparing the Best Horse Racing Betting Sites

The table below highlights the range of betting offers you can claim from each of the horse racing betting sites. We also included info on the inclusion of horse racing promos, live betting access, and live streaming access.

Racebook Sports Bonus Promo Code Horse Racing Promos Live Horse Racing Betting Live Horse Racing Streaming
BetOnline 50% up to $1,000 BOL1000
Bovada 50% Up to $250 N/A
BetUS 125% up to $3,125 JOIN125
BC.Game 270% up to 1 BTC N/A
XBet 50% up to $500 XB100
Lucky Block 200% up to $10,000 + 50 free spins N/A
Sportsbetting.ag 50% up to $1,000 SB100
Everygame 100% up to $750 3XBOOST250
MyBookie 50% up to $1,000 MYB100
BUSR 150% up to $2,500 B2C150

How we Rank the Best Horse Racing Betting Sites

Our reviews take on board a huge range of information regarding each site. Below we’ve included some of the criteria that we use for this.

Range of Bets

The types of bets that you can place are one of the key areas. This will range from site to site, but as a minimum, we want to see the place, show and win. Ideally, the likes of Exacta, Trifecta, Superfecta, Daily Double, Pick 3, and Parlay bets are all accessible.

Range of Races

All the offshore betting sites have a good range of US-based races. But the best have international coverage. Racing from the likes of the UK, Canada, Australia, Ireland, Japan, China, the Middle East, and across Europe should be on offer with the best.

Banking Options

Most of the racebooks will offer some form of crypto payment options. These include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and  Dogecoin, amongst others. Any payment that comes without fees and is processed promptly is acceptable.

Mobile Compatibility

The horse racing betting online sites will have access to mobile options. Dedicated apps are rare with offshore betting sites and mobile sites are much more common. If the site renders well on mobile, these are excellent alternatives to dedicated apps.

Racecard

The best horse racing betting sites will have a dynamic race card. Here you can see things like the jockey, trainer, name of the horse, colors, price, and Morning Line. Any ties to betting tips sites such as The Racing Post is a welcomed addition.

Horse racing is regulated within the US. Multiple states now accept horse racing betting and regulate sites that offer markets for the sport.

However, it’s possible to access horse racing within all 50 states by using offshore betting sites. These sites are all listed on this page and there are no regulations in place that prohibit players within the US from accessing them. Not only do you get a larger range of races to choose from, but generally better odds and bigger bonuses for both new and existing players when betting on horse racing.

How to Bet on Horse Racing

BetOnline is one of the best in the industry and we’ve used them to provide a quick guide on how to bet on horse racing.

  1. Register an account.
  2. Make a deposit and claim the welcome offer. Use the promo code “BOL1000” to trigger an exclusive bonus worth up to $1,000.
  3. Use the menu at the top to head to the dedicated horse racing betting section.
  4. Choose from any of the races that are about to start or set to start in the next 24 hours.
  5. Enter your stake in the Win/Place/Show boxes and then click add to the bet slip. If you’re using an alternative market then click on that at the top of the racecard.
  6. Check your pick in the bet slip, check your stake, and then confirm your bet.
  7. Track live bets using the “My Bets” tab within the bet slip.

How to Read Horse Racing Betting Odds

Horse racing betting online odds will work in much the same way as any other sport. The odds will reflect the chance the horse has of winning (assuming betting on the Win market) and are usually displayed in an American Odds format.

American Odds come as either a positive or negative number. The positive will show the amount you get back for every $100 staked and the negative the amount you need to stake to make a $100 profit.

Given that most races consist of 5 or more horses, the odds can be very generous, although it’s a hard sport to win consistently. If you bet on the Win market then only a win will pay, the place includes the top 2 and the show is the top 3 spots. The two latter bets will be at reduced odds to the starting price.

There’s a huge range of markets to choose from when betting on horse racing. We’ve listed these below and noted how they work.

Standard Wagers

Standard wagers are bets that you’re going to find at most betting sites. They are technically single bets but can include one or more selections.

Win Bet

The win bet is where you bet on a horse to win the race. Only first place will pay for this market.

Across the Board

This is where you bet on a horse to win, place, and show. This is split into three bets and is often referred to as a Combo Straight Wager.

Place Bet

The place bet is where you bet on a horse to finish either 1st or 2nd.

Show Bet

The show bet is where your horse needs to finish 1st, 2nd, or 3rd to pay out.

Double Bet

A double is where you pick two horses to finish both 1st and 2nd. You need to get them in the right order to win the bet.

Exotics

Exotics are where you place a single bet that covers multiple horses. Unlike a single bet, this can cover multiple horses across multiple races, and as a result, can create huge odds.

Exacta Bet

The exacta bet is where you pick two horses that finish 1st and 2nd in any order.

Quinella Bet

The quinella is where you can pick two horses to finish in any order within the top 2 spots.

Trifecta Bet

You need to pick the first three horses to cross the line in the race in any order.

Superfecta Bet

A superfecta is where you need to pick the first four horses in the correct order.

Super High-Five Bet

A super High Five is where you need to pick five horses to finish within the top 5 positions in the correct order.

Pari-mutuel vs. Fixed Odds

There are two main forms of horse racing betting online: pari-mutuel and fixed odds. They work in very different ways and it’s not necessarily the case that one is better than the other, but it’s important to know how they differ.

Pari-mutuel betting on horse racing is essentially pool betting. There are no starting odds for the horse and instead, winnings are paid out in the form of a dividend. Each horse will have a dividend based on the amount of money that’s been wagered and the number of dividends that have been bought.

For example, if 100 bettors have all bet $10 on a horse then the total pool for that horse winning the race would be $1,000. The dividend is then worked out based on how many people have wagered and the sum each player has wagered.

Fixed odd is much more straightforward, and this is a price set by the betting site. They offer odds on the horse at the start and when you confirm your bet this is the price that will be paid, regardless of the number of people that have a bet.

For example, if you back a horse to win at +500 and stake $10, if that horse does win you will be paid $50 regardless of the volume of bets.

Our Top 5 Horse Racing Betting Tips

We’ve included a range of horse racing betting tips and horse racing betting strategy below. Use this guide to enable you to make better selections on which horse to back and hopefully win more money as a result.

Check the Form

The easiest place to start is the form of the horse. You don’t necessarily need to back horses that have won previous races, but backing horses that have shown consistent improvement is a must. Young horses take time to increase in speed, strength, and stamina, which form will highlight.

Check the Going

The going is the standard of the ground and can range from Firm (dry) to Heavy (wet). Firm ground will favor quicker horses whereas heavy ground will favor horses with a lot of stamina as they are tougher to run.

Use Expert Picks

Tons of sites and resources will offer free horse racing betting tips from experts. You can either use this as a base for your bets or use it as a guide to see if your picks match up with what the experts are saying. Two of the best are Timeform and The Racing Post, where you can get free tips daily.

Horse Racing Bonuses

Utilize the plethora of horse racing bonuses from online betting sites. One of the best is claiming a rebate which will refund you part of all bets that you lose on horse racing. XBet has one of the more generous promotions for this, with a 9% rebate on all horse racing bets.

Shop for the Best Lines

Take the time to shop for the best possible betting lines for all your bets. The odds can change massively from betting site to betting site, so you need to be flexible to use multiple sites to get the best odds. Fluctuations can be as high as 30%, which has a huge effect on the bottom line come to the end of the season.

2023 Horse Racing Schedule

The table below includes the biggest races and meetings for 2023. We’ve added the date, race, track, and country to easily check what is happening and when.

Date Horse Race/ Meeting Track Country
6th January to 24th February Dubai World Cup Meydan Dubai
28th January Pegasus World Cup Gulfstream Park US
14th to 17th March Cheltenham Festival Cheltenham UK
15th April Grand National Aintree UK
5th to 7th May Guineas Festival Newmarket UK
6th May Kentucky Derby Churchill Downs US
20th May Preakness Stakes Pimlico US
2nd to 3rd June Epsom Derby Epsom Downs UK
11th June Belmont Stakes Belmont Park US
20th to 24th June Royal Ascot Ascot Racecourse UK
1st to 5th July Glorious Goodwood Goodwood UK
14th October The Everest Randwick Australia
30th September to 1st October Prix de l’Arc de Triomphe Longchamp France
16th September St Leger Day Doncaster UK
3rd to 4th November Breeders’ Cup Keeneland US
4th to 11th November Melbourne Cup Flemington Australia
26th November Japan Cup Tokyo Japan

Types of Horse Racing Bonuses & Promotions Available

There’s a wide range of horse racing bonuses and promotions that you can claim. The table below breaks down the types of offers, with our recommended site for each.

Bonus Type About Recommended Site
Welcome Bonus
  • For new accounts only
  • Usually, a match on the opening deposit
  • BetOnline – 100% up to $1,000
  • Bovada – 50% up to $1,000
Ongoing Promotions
  • For existing accounts
  • Usually a deposit match and can be claimed multiple times
  • XBet – 25% up to $250
No Deposit Bonuses
  • A bonus that is applied without a deposit
  • Often small, but offer high value
  • N/A
Rebate Bonus
  • Claim money back on losses
  • Paid as cash
  • XBet – Up to 9% cash rebate
Free Bets
  • A free bet to be used within the sportsbook
  • Generally given as part of a bonus package
  • N/A
Risk-Free Bets
  • A bet that will be refunded if the bet loses
  • BetOnline – $25 Risk Free

Comparing Horse Racing Sign-Up Bonuses

The table below highlights the types of bonuses you can claim from some of the best sites. We’ve also included information on how each of the bonuses works, such as rollover, min deposit, and expiration date.

Sportsbook Sports Bonus Promo Code Rollover Min Deposit Bitcoin Accepted? Expiration Date
BetOnline 50% up to $1,000 BOL1000 10x $55 30 days
Bovada 150% Up to $250 N/A 5x $50 30 days
BetUS 125% up to $3,125 JOIN125 10x $100 30 days
BC.Game 270% up to 1 BTC N/A x 1%
x 25%
0.01 BTC 30 days
XBet 50% up to $500 XB100 7x $45 30 days
Lucky Block 200%  up to $10,000 N/A N/A N/A N/A
Sportsbetting.ag 50% up to $1,000 SB100 10x $55 30 days
Everygame 100% up to $750 3XBOOST250 8x N/A 30 days
MyBookie 50% up to $1,000 MYB100 10x $50 30 days
BUSR 150% up to $2,500 B2C150 10x $100 30 days

Types of Payment Methods

The range of payment methods will vary from site to site. Use the table below to see what options are available and how they work.

Payment Method About Examples
Cryptocurrencies
  • Fast withdrawals
  • Lots of wallets to choose from
  • Anonymous banking
  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum
Traditional Payment Methods
  • Highly accessible
  • Easy to use
  • Can claim all promotions
  • Debit cards
  • Credit cards
  • Bank transfers
  • Payment vouchers
eWallets
  • Ability to keep banking information away from the betting site
  • Very fast withdrawals
  • PayPal
  • Skrill
  • Neteller
  • ecoPayz

Deposit Options Available

The table below highlights all of the deposit options for the best racebooks on the market right now.

Sportsbook Bitcoin Ethereum Dogecoin Debit/Credit Cards Bank Transfer/P2P Transfer PayPal
BetOnline
Bovada
BetUS
BC.Game
XBet
Lucky Block
SportsBetting.ag
Everygame
MyBookie
BUSR

Withdrawal Options Available

The table below includes all of the withdrawal options from the best racebooks on the market right now.

Sportsbook Bitcoin Ethereum Dogecoin Debit/Credit Cards Bank Transfer/P2P Transfer PayPal
BetOnline
Bovada
BetUS
BC.Game
XBet
Lucky Block
SportsBetting.ag
Everygame
MyBookie
BUSR

Horse Racing Betting Terms

There are tons of horse racing betting terms that you need to familiarize yourself with. Use the section below to see the types of terms you’re likely to come across and what they mean.

  • Across the Board – A bet that is placed to cover the win, place, and show markets.
  • At the Post – Signifies when the race is just about to start.
  • Card – Term used to signify the racecard for that race.
  • Colors – The color of the silks the jockey will be wearing.
  • Daily Double – A wager where you need to pick the winners of consecutive races.
  • Dead Heat – Two or more horses finish that cannot be separated by a photo finish.
  • DQ – Disqualified
  • Favorite – The horse most likely to win the race.
  • Furlong – Distance used in horse racing. 1/8th of a mile, 880 yards or 660 feet.
  • Hand – Unit of measurement to measure horses.
  • Handicapping – The weight needed to add to horses for it to be a close race.
  • Length – Measurement of the winning distance.
  • Maiden – A horse that has not won a race.
  • Odds on – A price that is lower than even money.
  • On the Nose – A bet for that horse to win only.
  • Photo Finish – When a race is close a still photo is used to determine who crossed the line first.
  • Post Time – The time of the start of the race.
  • Purse – Total amount of prize money for that race.
  • Rail – Barrier used to determine the layout of the track.
  • Show – Third position in the race.
  • Tote Board – An electronic board that shows the odds of each of the horses for that race.
  • Wager – Sum of money placed on a betting market.

Best Horse Racing Betting Apps & Mobile Sites

All the betting sites listed on this page come with mobile access. Offshore betting sites commonly don’t have dedicated sports betting apps, instead deciding to use mobile betting sites, which can be accessed via a mobile browser.

This allows you to bet on horse racing from anywhere in the world and whilst on the go. Android and iPhone options are the most common, but the flexibility that a mobile betting site offers over a dedicated app is that it’s not limited to any device manufacturer.

Virtual Horse Racing Betting

Virtual horse racing is accessible with most betting on horse racing sites. These are made-up virtual races that allow you to wager just as you would a regular bet. They run around the clock and are a great alternative to the real thing either when no racing is taking place or between races.

virtual horse racing

The races are essentially random number draws. A computer will select the number and the horse drawn will be the winner. The use of computer graphics to simulate the race adds to the drama, rather than having any effect on the outcome.

The use of odds can be used in these races and will reflect the volume of numbers that the horse has in the draw. For example, a race might have 10 horses with the favorite having 10 numbers entered and then the least favorite just one number, giving it less chance of winning.

The Best Horse Racing Betting Site

BetOnline is the best horse racing betting site on the market right now. The site comes with a huge range of races that are taken from meetings around the world. They’ve also some of the most competitive betting lines offering more value for the bets that you wager.

New accounts can claim a welcome bonus worth up to $1,000. They are also running a promotion that allows you to claim a $25 free bet which can be used for horse racing. Finally, a 9% cash rebate is accessible on all horse racing losses.