Legal Horse Racing Betting Sites
Horse racing is a huge part of American sports history as it is one of the oldest known sports there is. In fact, betting on horse racing was also one of the first sports betting markets in the country as well. With so much historical significance it’s only right to show homage and educate yourself on legal horse racing betting sites and maybe even sign up and start betting yourself.
Consider LegalSportsBettingSites.com your map to legal horse racing sites. We will cover the top sites available for use, and give in-depth analysis as to why they are the top sites by explaining the perks and features they all have. For you newer players out there, we have also provided insight on the legality of horse racing betting online, and why it is separate from other sports betting laws. We make sure to cover all the bases on this page so educate yourself and win big after signing up with your favorite online horse racing site.
Online horse racing betting is legal, you just have to understand what outlets to use to make it so. The legality of online horse racing betting is all about the site you are using. With there being limitations on online gambling operations in the United States, the site you are using must be an offshore site that does not operate inside of the country.
All of the racebooks we recommend and review on this page are 100% legal horse racing sites and players from all over the country can enjoy them with no worries. Decide on your favorite site today and begin your journey into the exciting world of online horse racing betting.
Horse betting is put in a separate category than sports betting after the Interstate Horse Racing Act of 1978 regulated the activity and made pari-mutuel wagering legal. At the time horse racing was a huge market and the government decided it was best to maintain its legal status for years to come. Because of this act, horse racing is excluded from other federal laws that ban sports betting in the United States.
The Interstate Horse Racing Act of 1978 regulates horse betting. This bill allowed race tracks to broadcast their events to various other locations and accept pari-mutuel wagers. This law was altered in the year 2000 in an attempt to stay up to date. They reworded the law to also allow wagers to be made over the phone and the internet as well. This lone law keeps the activity legal and no other laws have any control over the industry.
While the Interstate Horse Racing Act is a huge benefit for fans, it also has its flaws too. States can choose whether or not to allow the law to be enforced within their borders and quite a few states actually don’t acknowledge the act and deem horse racing illegal.
Not to worry though as there are plenty of legal horse racing sites on the internet that are completely safe for fans to bet with. The sites we review on this page are all excellent horse racing sites and accept players from all over the United States. These sites are operated outside of the country so they do not fall within U.S. or state law.
Bovada is best known for their sportsbook but their racebook is one of the top options for horse racing fans as well. They have been offering gambling services on over 80 different tracks for years now and are easily the top option for all fans looking to bet on their favorite horse races. Not only do they offer an excellent variety of betting lines but they also have a ton of different wager types associated with those lines.
They also have some great features, including live betting and mobile horse betting options. Mobile horse betting allows players to bet on their favorite races by simply using their smartphone or tablet. You get all of the same opportunities as using the actual site and it just adds yet another dimension of convenience to online horse racing. These are just some of the many things that Bovada offers their players so sign up for an account today to see the rest. Bet Now!
The name SportsBetting may immediately deter horse racing fans because you might think that it only has a sportsbook but don’t be so quick to pass judgment. SportsBetting offers players from all over the United States a racebook that has everything you could ever want when betting on horse racing. They have an excellent selection of race tracks available, and the wager types associated with each race will drop your jaw.
The opportunities are aplenty at SportsBetting Racebook and that point is driven even more home when you see what they offer in terms of rebates on horse betting each day. You are given a 7% rebate on ALL of your horse racing bets, regardless of whether you win or lose. This is just one of many perks you are offered at SportsBetting so create your account now. It takes just minutes to get started and it’s free to begin so don’t waste any more time and begin your horse betting experience now. Bet Now!
BetOnline is not only a huge name in the online horse racing industry but they are a huge name in the online gambling industry in general. They have built an excellent fan base and have enjoyed sustained success, which is tough to do in this industry. While BetOnline has only been offering horse racing betting for a short period of time, it didn’t take long for them to show why they are so great.
Along with the many track options and wager types that they offer, BetOnline also has live horse betting daily. This means that horse race fans that don’t want to bet on races all day long, can pick and choose which bets they want to play, and they can even place bets after the gates have opened in particular races. All you have to do is sign up, deposit your money using one of their many deposit types, and you are free to start your betting experience at BetOnline. Bet Now!
Wager Types are the most important thing to learn and there are several different wager types to understand when learning how to bet the horses. Wager types help you to understand what exactly you are betting on and allow you to cater your bets to what you are most comfortable with. Knowing the difference between wager types can make the difference between you winning or losing a bet. Below we have provided all of the different wager types that
Straight Bets – Straight wagers are the most popular category of wagers for horse racing fans to bet with. In regards to horse racing, straight wagers are either a win, place or show bet. These are wagers on who you think will win the race, who will finish in the top two, and who will finish in the top three. Straight bets allow you to leave some variation in your bet as you don’t have to be specific as to where they exactly finish, as long as the horse you bet on finishes within the limitations of the bet.
Exotic Bets – Exotic are more difficult wagers to predict than straight bets as they require you to be much more specific. Exacta, trifecta, superfecta, Quinella, daily double, pick 3 and pick 4 bets are all examples of exotic wagers.
Exacta – Placing a bet on the first and second finishers of a race exactly.
Trifecta – Bets where you predict the exact order of the top three horses in a given race. Like the exacta but one more.
Superfecta – This is the same as a trifecta except you are adding another horse to the equation. So you are picking the top four finishers in the exact order.
Quinella – This is the same as an exacta but you don’t have to be exact. You simply predict two horses to finish 1st and 2nd, but in no particular order.
Daily Double – Simply pick the winner of two races
Pick 3 – Pick the winner of three races
Pick 4 - Pick the winner of four races
Box Betting – Boxing a bet is when you select multiple horses to bet on but you are not sure of the order in which they will finish. So if you are betting an exacta and you have three or four horses in mind when thinking of a winner, you can box them and not worry about where they finish exactly.
Keying Bets – Key betting, also known as wheel betting, is used when you feel like a horse you bet on is going to finish in a certain position of either first, second, or third. The horse you pick is called your “key” horse and the other horses you bet on can then finish in any order and you still win. So if you are betting on a trifecta and you are confident that a certain horse will absolutely win the race, you can key that horse with your other picks. If that keyed horse wins and the other two horses finish second and third, then you win.
Each of the racebooks we have recommended on this page offer wagering opportunities on all of the major horse races in 2017. They offer betting lines on major races like the Melbourne Cup, the Dubai World Cup, and all three Triple Crown events, the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes. Derby betting is absolutely the most popular horse race to bet on in the United States, followed closely by the last two legs of the Triple Crown series. You definitely don’t want to miss out on Triple Crown betting season so sign up for an account at your favorite sportsbook today to take advantage of the endless opportunities offered to you.
The 2017 Triple Crown
Kentucky Derby – Run on May 6th, 2017, the Kentucky Derby is the biggest name of any horse race in the country. It kicks off the Triple Crown festivities in Louisville, Kentucky.
Preakness Stakes – Run on May 20th, 2017, the Preakness Stakes is the second leg of the Triple Crown Series and it is run out of Baltimore Maryland. It is also the shortest track at 9.5 furlongs or 1 and 3/16ths miles.
Belmont Stakes – Run on June 8th, 2017, the Belmont Stakes in Elmont, New York is the longest of the four races at 1.5 miles and is the final stop for any potential Triple Crown winner.
There are a few online racebooks that offer excellent betting opportunities on your favorite horse races but without a doubt, the best legal horse betting sites for 2017 are Bovada, BetOnline, and SportsBetting. All three of these sites have everything you could want in a good racebook and more and they are all legally licensed and regulated sites that are safe for all players in the U.S. to use. Check out the reviews we have provided below and decide which of these options is your favorite.