Horse Betting - Sportsbooks, Odds and Markets

Horse racing has long been known as the sport of kings. However, the sport is no longer the mere purview of the upper crust. Online horse betting is available in over half the states in the US.

Within those states, players have several excellent choices for sites to host their bets. In many cases, players can fund their accounts with methods as simple as using a PayPal account.

The sections below detail some of the best options for wagering on horse races in the country. Visitors to those sites can feel confident that they are making safe and fair transactions.

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TVG is perhaps the best-known resource for horseracing television programming. The organization is also famously part of Paddy Power Betfair, which also owns FanDuel. Along with its television, TVG also operates a horse betting site.

How to begin

New players to TVG will need to furnish their name, address, phone number, birthday and the last four digits of their Social Security number upon registration for a new account. The account will also need a password for future access.

How to bet

Horse Betting on the app proceeds in a very straightforward manner. All types of normal and exotic bets common to live horse tracks are available on TVG.

TVG’s television component also means that it is easy to observe the race directly in the app. The app is designed to allow players to conduct research and wager without ever switching to another site.

At this point, there is no Android version of the app due to Google Play restrictions on wagering. However, players can access the app through Apple devices and their web browsers without any problem.

Banking and rewards on TVG

Players on TVG can deposit funds into their accounts in a variety of manners. Unusually, they can also withdraw from their accounts with the same method in nearly every case. Those methods of deposit and withdrawal are:

  • PayPal
  • TVG BetCash (which allows direct deposits from bank accounts)
  • Debit/credit card
  • TVG prepaid card
  • MoneyPak
  • PayNearMe (via 7-Eleven)
  • Check/money order
  • Wire transfer

Similar to Twin Spires, TVG players earn points for every wager they make. Those points are good for purchasing additional wagering credits.

TwinSpires

The most prestigious horse track in the country is Churchill Downs in Kentucky. Its annual Kentucky Derby is the most well-known of all American races and is the first leg of the fabled Triple Crown. (Churchill Downs has also played host to the Breeders’ Cup.)

TwinSpires is the online arm of Churchill Downs and perhaps the most trusted of all horseracing sites. Incidentally, the site is by and large the only avenue by which Kentucky residents can gamble.

How to begin

To get started on Twin Spires, players must create an account. The process is quite similar to registration at other gambling sites.

Players will have to provide their name, address, birthday and the last four digits of their Social Security number for identification purposes. Then, after selecting a username and password, the player will have the ability to use all the features of Twin Spires’s offering.

How to bet

Betting on horses on Twin Spires functions in much the same that its live counterpart does. All standard and exotic wagers typically found at horse tracks are available on the app.

Twin Spires is compatible with browsers, iOS devices and Android devices.

Banking and rewards on Twin Spires

The level of ease in depositing and withdrawing money from a gaming site is a major factor in determining its quality. Fortunately, there are numerous options for Twin Spires players to fund their accounts and move money back and forth.

For depositors, there are the following options:

  • EZMoney
  • PayPal
  • EZBank
  • MoneyGram
  • PayNearMe (via 7-Eleven)
  • Green Dot @ the Register
  • Debit/credit card
  • Check/money order
  • Wire transfer
  • In-person at Churchill Downs

Options for withdrawing money are a bit more limited. However, the method of withdrawal is mostly dictated by the player’s deposit method. Twin Spires offers the following withdrawal options:

  • Direct to the bank account via EZMoney
  • PayPal
  • Check
  • Selected in-person locations

Players on Twin Spires also receive points for every dollar that they wager. These points are redeemable for additional wagering credits.

Bet America

BetAmerica is another major horse betting site for American players. This one, like the more prominent Twin Spires, calls Kentucky home.

How to begin

Players will need to furnish their name, birthday and Social Security number to establish an account. They will also need to select a username and password to access the site.

How to bet

Most of the horse betting wager types found at horse tracks are available on the Bet America app. Bet America also affords players the ability to observe races directly through the program itself.

Right now, there is no Android version of the app. iOS users can download freely, however, and there is a browser version that works for anyone. The browser version is also optimized for mobile, so Android users should have no issues betting through their web browser.

Banking and rewards on Bet America

There are several options for funding one’s account on Bet America. They include:

  • Credit card
  • TeleCheck
  • MoneyPak
  • Neteller
  • PayLucky
  • PayNearMe (via 7-Eleven)
  • Prepaid cards

As is often the case with gaming websites, the withdrawal options are a bit more limited. However, most players will be able to make one of the options work without too much difficulty. They are:

  • TeleCheck
  • Neteller
  • Paper check

Each wager provides the player with points. The points are redeemable for wagering credits on later races.

NYRA Bets

NYRA Bets is a site owned and operated by the New York Racing Association. However, despite its regional ties, the site is available for wagers throughout the country.

How to begin

To create an account on NYRA Bets, players will need to furnish their name, address, phone number, birth date and Social Security number. The site will then prompt the registering player to create a username, password and PIN.

How to bet

NYRA Bets is somewhat unique in that it exists only as a site. There are no iOS or Android apps; all access occurs through browsers.

However, this quirk does not translate into any limitation on the types of horse bets and venues available. All horse betting styles, both common and exotic, are active through the NYRA Bets site.

Banking and rewards at NYRA Bets

There are several methods for getting money into an NYRA Bets account. Thankfully, those same methods are also available for withdrawals, which makes the process of moving funds much easier on the player.

Those methods are:

  • Credit card
  • Express funding (bank account linking)
  • PayNearMe (via 7-Eleven)
  • Wire transfer
  • Mail deposit through selected tracks

As with other sites, players can earn points for their wagers that are redeemable for further betting.

DRFBets

The Daily Racing Form is a standard and trusted publication for live horse wagering. DRFBets is the online production of the same organization.

How to begin

As with other sites, new players will have to enter their names, addresses, phone numbers and birth dates. They will also be required to furnish their Social Security numbers. Finally, they will have to create a username and password.

How to bet

DRFBets is one of the more versatile options for online horse wagers. The app is compatible with both iOS and Android devices. There is also a full-service browser version available.

As an experienced horseracing provider, there is no wager that DRFBets cannot entertain. Every common and exotic bet found at horse tracks is on this site.

Banking and rewards at DRFBets

DRFBets has several options for players to deposit funds into their accounts. Almost every player should be able to find a workable solution from the list. The deposit options at DRFBets are the following:

  • Credit card
  • Check
  • Wire transfer
  • PayPal
  • PayNearMe (via 7-Eleven)
  • Xpressfund

Withdrawals have slightly fewer avenues but are not likely to be prohibitively sparse. They are:

  • Credit/debit card
  • Wire transfer
  • Xpressfund

US Online Horse Racing FAQ

What states allow online horse racing?

There are 30 states in the nation that allow residents to place online horseracing wagers. They are:

Is this legal both on state and federal levels?

Yes. The Unlawful Internet Gaming Enforcement Act, which doomed many poker and casino sites, contains an exception for online horse wagering.

So, as long as the state has a provision for online horseracing in its laws, its residents are free to partake in the activity.

Is it possible to watch the races without actually traveling to the tracks themselves?

In most cases, yes. Many of the sites listed above contain the ability to watch any races directly through the app or site.

The television station TVG (which operates one of the sites above) also broadcasts racing 24 hours a day. So, it’s possible to catch relevant race footage that way, too.

Do the sites offer virtual horse races?

In the United States, no. These events, which are popular in Europe, feature computer simulations of races.

Although several live casinos in the US have a game that is similar to virtual horse racing, none of the horse racing apps have this function available.

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