BetMGM Horse Racing Bonus Code – Up to $200 Deposit Bonus

Deposit MatchDeposit Match Up to $200Up to $200
Bonus CodeTBD

Disclaimer: BetMGM Racebook is not yet online. This review is speculative based on what is known so far and will be updated when the racebook launches.

BetMGM’s partnership with the New York Racing Association means the gambling giant is adding a racebook to its already extensive portfolio. Under the terms, BetMGM will leverage NYRA Bets’ cutting-edge platform to offer its own horse racing bets.

On the BetMGM Racebook, horse racing buffs will be able to put some cash down on all high-profile thoroughbred contests in the US and top-tier international races. These include all Triple Crown events, the Breeders’ Cup, the Melbourne Cup, the Dubai World Cup and the Saudi Cup, to name a few.

Better yet, newcomers can get started with the BetMGM racebook’s welcome bonus — a deposit matching bonus of 100% up to $200. Stay tuned as we break down the racebook’s offerings — from race selection and different types of bets you can make to betting with the app and more.

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Why Choose BetMGM Racebook?
  • New customers receive a deposit match bonus up to $200.
  • BetMGM will utilize the NYRA platform for its website and app.
  • BetMGM features impressive race coverage, both domestically and internationally.
BetMGM Online Horse Betting Rating
  • Support:
  • Bonus:
  • Payouts:
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BetMGM Horse Racing bonus code 2021

New users in BetMGM Racebook are eligible for a 100% up to $200 sign-up bonus. To get hold of this hefty offer, make sure to use our exclusive promo code, highlighted in the table below.

Online RacebookBetMGM Horse Racing
Bonus CodeTBD
Deposit Bonus100% match up to $200
Last UpdatedDecember 2021

BetMGM Racebook sign-up bonus — the fine print

The introductory bonus at BetMGM is a pretty straightforward deal. Whatever sum you deposit after registering for an account, the racebook will match it, up to $200. For example, if you deposit $100, you would get an additional $100 in bonus funds with which to bet.

To unlock the bonus funds and turn them into withdrawable cash, you’ll have to meet the bonus’s playthrough requirement within 30 days of your first deposit. All in all, the BetMGM bonus is comparable to what you’ll find at other portals for horse betting in the US.

Can I trust BetMGM Racebook?

Yes, BetMGM is a trustworthy gambling company, one with a strong pedigree in the industry. It runs a BetMGM sportsbook and BetMGM online casino in multiple states, along with BetMGM online poker in New Jersey, Pennsylvania and Michigan.

The addition of horse betting is via a partnership with NYRA Bets, the official online betting platform of the New York Racing Association. Under the deal, BetMGM will utilize the NYRA platform for its website and app and offer access to a plethora of horse races at more than 200 tracks worldwide. NYRA is currently available in 30 states, and teaming up with BetMGM will likely strengthen its foothold in the horse racing market.

Eventually, BetMGM will add the racebook to its app in all eligible states, available to people of legal horse betting age in those locations.

Getting started at BetMGM online racebook

If you’ve used other BetMGM products, you’re probably aware that the registration process is pretty simple. Here are the steps:

  1. Head to the racebook’s website and select the registration button.
  2. Provide the necessary details, including login credentials, full name, address and last four digits of your Social Security number.
  3. Tick the box that confirms you agree with the site’s terms and conditions.
  4. Make a deposit and start betting.

Following registration, BetMGM may require that you go through additional verification checks. In such instances, you’ll need to submit an image of your passport, driver’s license, utility bill or bank statement. The entire process shouldn’t take more than a few minutes.

Download the BetMGM horse racing betting app

The BetMGM Racebook is accessible via computer and iOS/Android mobile devices. Mobile bettors can use the standalone app to make payments, contact support and place bets while on the go. Here are the steps to download the app:

  1. Visit the site via your mobile browser (Opera, Safari, Chrome, etc.).
  2. Once you arrive at the mobile section, hit the appropriate download button.
  3. Install the app on your device. Make sure that your device meets the compatibility requirements.
  4. Start the app, and log in to your account.
  5. Go to the betting lobby and start making your horse racing picks.

BetMGM horse betting promotions

Most of the promotions you’ll find at BetMGM are time-limited, so it’s a good idea to check the promotional calendar now and then to make sure you don’t miss out on any offers that interest you.

Depending on the specific campaign, you can find insurance promos, last race rebates, parlay boosts, rewards point multipliers and more. Also, you’ll be able to participate in handicapping contests and compete with other customers for cash prizes.

The racebook also runs a loyalty program that lets you accrue points for every dollar that you wager. Later on, you can redeem those points and swap them for betting credits to use to place more bets.

BetMGM horse betting options

When it comes to bets you can place, BetMGM has all the standard options you’d expect from a racebook of its pedigree. You’ll also find a nice collection of specials, which are mainly available for marquee events. Here’s a rundown of what you’re likely to find:

  • Win: This is the simplest type of bet; you’re just picking a horse to win the race. If your horse crosses the finish line first, you collect your payout.
  • Place: Here, you bet on a horse to finish as the winner or the runner-up. Regardless of whether your pick takes first or second, you win your wager. The payouts are smaller than the ones for win bets because this one is easier to hit.
  • Show: This time, bet on a specific horse to finish first, second or third in a given race.
  • Exacta: Pick the winner and the runner-up of a race in correct order.
  • Quinella: Pick two horses to finish first and second in a race, but the order in which they finish doesn’t matter.
  • Trifecta: Pick the top three finishers in a race in the correct order. This type of bet features long odds, hence its popularity among casual bettors.
  • Superfecta: Arguably one of the most challenging horse racing wagers, this requires you to pick the top four finishers of a race in the exact order.
  • Double: With this bet, you’ll be trying to pick the winners of two consecutive races.
  • Pick 3-6: You need to correctly select the winners of three, four, five or six consecutive races. These bets are incredibly difficult to hit, but the payouts can be impressive.
  • Grand slam: Pick a horse to finish among the top three in three consecutive races, as well as the winner of the fourth and final race. It’s essentially a Pick 4 but with smaller payouts, since you’re mainly dealing with horses to show and not win.
  • Parlays: Much like in other sports, parlays in horse betting allow you to combine multiple selections on the same ticket, even if the races aren’t in sequential order.
  • Pari-mutuel bets: This has long been the most common form of horse betting and could be how you will place many of the above bets. It combines all of the bets on a race into one pool, with winners splitting the proceeds from the pool. In effect, you’re not betting against the house but rather against other users who have placed bets on the same race. The racebook takes a small cut for facilitating things.

You can box your exacta, trifecta and superfecta bets, which will increase your odds of winning but at an added cost. It will allow you to win if your chosen horses finish in any order. The more selections you add to the slip, the higher the price of your boxed ticket will be.

Live horse races

The racebook also provides live streaming coverage, which means that you can watch the action of a race as it unfolds in real time from your computer or mobile device. HD live streams are available for all three NYRA racetracks in New York as well as for many other venues.

Opening the “Today’s Racing” tab will bring you to the lobby that features all the races scheduled for that day. Once you select the race, look for the play icon in the race description section if you are interested in live coverage. The site also offers replays for those who want to watch how the race went down from start to finish.

What horse races can I bet on at BetMGM Racing?

BetMGM features impressive race coverage, both domestically and internationally. You can bet on a range of thoroughbred, harness and quarter horse races across the globe. These include the most prestigious events in horse racing, such as the following:

The racebook also has odds on lower-tier races at NYRA-owned tracks — Oaklawn Park, Saratoga, Aqueduct New York and Belmont.

Banking options at BetMGM Racebook

Horse racing fans can get money to and from their BetMGM accounts via a variety of payment methods, including the following:

  • Express funding
  • Wire transfer
  • PayNearMe (at 7-Eleven, CVS, Family Dollar, etc.)
  • Play+ card
  • MoneyPak
  • Check by mail
  • Credit/debit cards (Visa and Mastercard)

Customer Support

You can seek immediate assistance via multiple contact channels — live chat, email and telephone. There’s also an extensive FAQ section on the site, as well as tutorials that can help you learn the ropes if you’re a horse racing rookie.

Final verdict

BetMGM Racebook has the potential to become a powerhouse in the horse betting market. However, it still needs to catch up to its accomplished rivals — notably TwinSpires and TVG.

That said, the platform hits all the right notes when it comes to betting options and bonuses. The racebook app is solid, but there is still some room for improvement on the functionality front. All things considered, BetMGM is a solid betting option for horse racing fans.

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