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Best Horse Racing Betting Sites Online for 2024

Bradley Gibbs
Author: 
Bradley Gibbs
21 mins
June 20th, 2024
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Best Horse Racing Betting Sites Online for 2024
what are the best horse racing betting sites?

In short, the best horse racing betting sites are DraftKings, Caesars, and BetMGM. DraftKings is known for its fast payout features, Caesars Sportsbook for its excellent promos and offers, and BetMGM for its amazing diversity of markets, which makes them the best sites for golf betting in the US.

The best horse racing betting sites are some of the busiest sportsbook bettors in the world, with hundreds of horse races happening almost daily.

Seeing through the mountains of content can be a hard task, so here at Sporting Post, we decided to give you clear, accurate information, so you can choose the best site for horse racing betting with your needs in mind.

Here are the five top horse racing betting sites currently in the US...

Through analyzing all the legal racebooks and sites on market, we’ve used our knowledge and expertize to compile a list of the best online horse racing sites and racebooks in the US and review them using seven key criteria:

  • Customer support

  • Deposits and payouts

  • Usability

  • Mobile betting

  • Bonuses and promos

  • Live play

Best horse racing betting sites US - Our recommendations

Best horse racing betting sites of 2024 compared

Betting site

Top feature

No of sports

Payout speed

Sporting Post rating

DraftKings Racebook

Best new horse racing betting site

25+

1 day

5/5

Caesars Racebook

Best horse racing betting bonus

18+

1 day

5/5

BetMGM Racebook

Overall best horse racing betting site

20

1-2 days

5/5

FanDuel Racebook

Best fast payout horse racing betting site

20+

1 day

4/5

Betway

Best horse racing betting site for customer support

20+

1-5 days

4/5

Online horse racing betting sites reviewed

In our quest to provide you with accurate evaluations of the very best horse racing sportsbooks available to US players, we reviewed their key features.

1. BetMGM – Best overall horse racing betting site

BetMGM overview

Year founded

2018

Banking options

Visa, Mastercard, ACH, Paynearme, Paypal, Skrill, Bank transfer, Discover

Languages

English

License

Ohio Casino Control, Louisiana Gaming Control Board, and Florida Gaming Control Commission

Sports Available

Horse racing

Bonuses

Bet $200 get $200

Mobile app

iOS and Android

Restricted states

47

Allowed states

OH, LA, FL

BetMGM has long been one of the biggest names in the world of gambling, both retail and online, so it is no surprise that this operator decided to expand its presence into the horse race betting market. The platform is well-developed with full mobile optimization and a smooth interface, and it offers you access to hundreds of races from around the world.

You can download this fully licensed horse racing betting app to an Android or an Apple device for free. In addition to over 20 different bet types, this operator also grants you access to several high-profile payment methods, including credit and debit cards, e-wallets, and bank transfers.

Key rating criteria

  • Customer support: 3/5

  • Deposits + payouts: 3/5

  • Usability: 4/5

  • Mobile betting: 4/5

  • Bonuses + promos: 4/5

  • Live play: 4/5

What we like and dislike about BetMGM Horse Racebook

  • 20+ bet types
  • Luxurious welcome bonus
  • Smooth interface
  • Horse race betting guide included

2. DraftKings – Best new horse racing betting site

DraftKings overview

Year founded

2023

Banking options

Visa, Mastercard, Online banking, e-checks, DraftKings Play+ Card, Skrill, and Neteller

Languages

English

License

Colorado Division of Gaming, Indiana Gaming Commission, Maryland State Lottery & Gaming Control Agency

Sports Available

Horse racing

Bonuses

100% deposit match up of up to $250

Mobile app

iOS and Android

Restricted states

34

Allowed states

Colorado, Florida, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Minnesota, Montana, New York, Oregon, Pennsylvania, Virginia, Washington, West Virginia, and Wyoming

DraftKings has been a staple of online wagering since its launch in 2012, but it wasn’t until March 2023 that this operator ventured into horse racing betting territory. This horse racebook is available in 17 different states with full licenses issued by the respective regulatory bodies of each state.

In addition to a respectable welcome package, this platform also offers you access to a customer support desk that is available 24/7 via email and live chat. If you are new to the world of horse race betting, you can consult the guide on this platform which contains dedicated sections for each type of race. You can access the platform via a website or mobile app, available for free.

Key rating criteria

  • Customer support: 4/5

  • Deposits + payouts: 4/5

  • Usability: 4/5

  • Mobile betting: 5/5

  • Bonuses + promos: 4/5

  • Live play: 4/5

What we like and dislike about DraftKings Horse Racebook

  • Detailed betting guides
  • Easy-to-follow race calendar
  • Cutting-edge mobile apps
  • Accessible bonus wagering conditions

3. FanDuel – Best fast payout horse racing betting site

FanDuel overview

Year founded

2009

Banking options

Visa, Mastercard, eCheck, PayPal, PayNearMe, FanDuel Racing Prepaid Card, Gift Cards, Checks, and Wire Transfer

Languages

English

License

Connecticut Gaming Division, Illinois Gaming Board, West Virginia Lottery Commission, and 6 others.

Sports Available

Horse racing, football, basketball, soccer, golf, cricket, and tennis

Bonuses

$1,000 no sweat first bet

Mobile app

iOS and Android

Restricted states

41

Allowed states

CO, MD, MI, NY, VA, IL, IN, WV, WY

FanDuel initially joined the online wagering market as a DFS platform, but it quickly evolved into one of the most respected horse racing betting apps available in the US. One of its most prominent sports categories is horse racing, which offers you access to hundreds of horse races from around the world.

In addition to a modern platform available on both desktop and mobile sites via website and app, this operator also boasts an assortment of fast payout options. You can take full advantage of options like Mastercard, PayPal, and PayNearMe, and if you happen to encounter any issues, the 24/7 customer support desk is available.

Key rating criteria

  • Customer support: 4/5

  • Deposits + payouts: 4/5

  • Usability: 4/5

  • Mobile betting: 4/5

  • Bonuses + promos: 4/5

  • Live play: 3/5

What we like and dislike about FanDuel Horse Racebook

  • Rewarding promotional offers
  • HD live streaming
  • High-end mobile application
  • Hundreds of races available internationally

4. Caesars – Best horse racing betting bonus

Caesars overview

Year founded

2022

Banking options

Visa, MasterCard, Discover, eCheck, online banking, Caesars Sportsbook Prepaid Play+ Card, PayPal, and PayNearMe

Languages

English

License

Colorado Division of Gaming, Florida Gaming Control Commission, Oregon Gaming Enforcement, and 13 others.

Sports Available

Horse racing

Bonuses

100% deposit match up of up to $250

Mobile app

iOS and Android

Restricted states

34

Allowed states

CA, CO, FL, IN, KY, LA, MD, MA, MI, MT, ND, OH, OR, PA, WA, and WY

Caesars is one of the biggest names in the world of casinos and sportsbooks, and it finally joined the horse race betting industry in 2022. With a dedicated website and app, this platform is fully licensed and accessible in 16 different states. You can choose from the hundreds of races occurring in the US or internationally to bet on.

The mobile app has a rating of over 4.5/5 in both the Google Play Store and the App Store, which is a testament to its quality and user accessibility, making it one of the best horse racing bookmakers. While customer service does have space for improvement, you can contact it via phone and email. Moreover, according to our Caesars sportsbook review, it's the premier destination for those passionate about sports betting.

Key rating criteria

  • Customer support: 4/5

  • Deposits + payouts: 4/5

  • Usability: 4/5

  • Mobile betting: 4/5

  • Bonuses + promos: 4/5

  • Live play: 4/5

What we like and dislike about Caesars Horse Racebook

  • Luxurious Rewards program
  • HD live streaming of all events
  • Commendable welcome offer
  • Stellar reputation

5. Betway – Best horse racing betting site for customer support

Betway overview

Year founded

2006

Banking options

Maestro, Neteller, Skrill, Paypal, Visa, Paysafecard, Visa Electron, ecoPayz, Trustly, eCheck, and Neosurf

Languages

English

License

Arizona Department of Gaming, Colorado Division of Gaming, Indiana Gaming Commission, Iowa Racing and Gaming Commission, Pennsylvania Gaming Control Board, NJ Division of Gaming Enforcement, Ohio Casino Control Commission, Virginia Lottery

Sports Available

Horse racing, football, basketball, golf, boxing, and soccer

Bonuses

Up to $250 in bonus bets on your first wager

Mobile app

iOS and Android

Restricted states

42

Allowed states

Arizona, Colorado, Indiana, Iowa, Pennsylvania, New Jersey, Ohio, Virginia

Betway is one of the most renowned international sports betting brands that does not have a dedicated horse racebook site and instead includes horse racing in the sportsbook. As it stands right now, you can access Betway in 8 different states. The good news is that the quality of the horse race is undeniable.

You can place dozens of different wagers on hundreds of horse races happening both in the US and around the world. Moreover, you can follow these races in real-time through the live betting and live streaming features.

Key rating criteria

  • Customer support: 3/5

  • Deposits + payouts: 4/5

  • Usability: 4/5

  • Mobile betting: 4/5

  • Bonuses + promos: 3/5

  • Live play: 4/5

What we like and dislike about Betway Horse Racebook

  • Quick, helpful, and responsive customer support
  • Dependable and reliable betting brand
  • Numerous betting opportunities
  • Competitive odds

How we review the top horse racing betting sites

There are several factors that we take into consideration when we evaluate and rate the best betting sites for horse racing available to US players.

  • License: First, we inspect the existence and validity of the licenses the site operates under, as every horse racebook must have an individual license in each state.

  • Safety & Reputation: Additionally, we research the reputation of the operator, as well as the safety and security measures that it utilizes on the platform.

  • UX & Support: The user experience is a complex concept that consists of several different elements, including quality customer support and betting fairness. So, not only do we make sure the interface design is player-friendly, but we also inspect the response times and professionalism of the customer support desk.

  • Bonuses & Fairness: Fairness doesn’t refer just to the odds of the horse races, but also to the quality and accessibility of the promotional offers. So, we inspect them to make sure that the terms and conditions are clear and fair.

  • Betting Features & Types: Live features like betting and streaming are absolutely essential aspects of any quality horse racebook, so we determine whether these options are available to all players. In addition to that, we inspect the horse races and bet types available to players and whether these offers meet the typical requirements.

  • Payment Options: Finally, we turn our attention to the number, quality, and accessibility of the payment methods the site offers.

How we test

Here at Sporting Post, we are committed to providing user-centric testing and evaluations within our work.

Our ratings guides are created and independently verified using real humans and sophisticated data systems, which bring you accurate and honest information, helping you choose the right betting racebook.

Every site, racebook and app is downloaded and signed up to by our dedicated team of contributors, who engage in the features firsthand and report back their findings within our review pieces.

Alongside this, our data systems are constantly searching for the latest bets, leading odds and exclusive promos on offer, so you’re always getting the best deals.

By doing this, we provide you with detailed reviews that guide you through the world of horse racing betting with clarity.

Latest horse racing betting bonuses compared 2024

Horse racing betting site

Bonus

Get started

FanDuel

$1,000 no sweat first bet

Visit now

Unibet

$500 risk-free bet

Visit now

DraftKings Racebook

100% deposit match up of up to $250

Visit now

BetMGM Racebook

Bet $200 get $200

Visit now

Betway

Get up to $250 in bonus bets on your first wager

Visit now

Caesars Racebook

100% deposit match up of up to $250

Visit now

What is horse racing betting?

Horse race betting is placing wagers on different types of horse races that occur at different tracks worldwide. You can place bets on live races or future races.

Types of bets

You can place a variety of bets, including:

  • Live bets - The wagers that you place on horse races that are already ongoing but before they end. The horse racing odds for these lines refresh within moments.

  • Win - You bet on the horse you predict to end the race first.

  • Place - The horse you choose can finish first or second.

  • Show - The horse you select can end first, second, or third.

  • Exacta - You predict the first two finishers correctly.

  • Trifecta - You predict the first three finishers correctly.

  • Quinella - You predict the first and second finishers, regardless of order.

  • Superfecta - You predict the first four finishers correctly.

  • Super High 5 - You predict the first five winners correctly.

  • Double - Predict the winners of two consecutive races.

  • Pick 3 - Predict the winners of three consecutive races.

  • Pick 4 - Predict the winners of four consecutive races.

  • Pick 5 - Predict the winners of five consecutive races.

  • Pick 6 - Predict the winners of six consecutive races.

  • Pick 7 - Predict the winners of seven consecutive races.

Are horse racing betting sites licensed and regulated in the US?

Yes, they are. Online horse race betting has been legal in the US since the repeal of PASPA in 2018. However, horse race online betting platforms are only legal if they are licensed by the responsible gambling authority in the state they operate in.

Are horse racing betting sites legit?

Absolutely! Horse race betting sites are completely legal and legitimate platforms to place wagers on. Of course, before you register with a horse racing betting app, you should always determine whether the racebook you chose is licensed and allowed to operate in your state.

Top horse racing leagues and events to bet on

While there are hundreds of horse racing events, like Preakness Stakes, as this discipline is present in nearly every country, there is a major difference between the elite and the average ones. The following are our recommendations:

The Kentucky Derby

The Kentucky Derby is undoubtedly the biggest race in the world, with a reward purse totaling up to $3 million. This race is known as the fastest two minutes in sports, and it has been held in Kentucky since the first race, dating back to 1875.

Only the most successful horses get to participate in this race as it is widely recognized as the very top of the horse racing ladder. You can place wagers on the first horse to finish, the first two to finish, or even the top 3 finishers.

Breeders’ Cup Classic

Though this race is about a hundred years more recent than the Kentucky Derby, it is a horse race that draws in millions of wagers from around the world. The prize for the winner includes $6 million. What’s interesting is that this race does not have a fixed location; rather, it changes every year. The race is 1 ¼ mile long, and you can place wagers on everything from the first to finishers to the top 5 finishers in the correct order.

Gold Cup at Ascot

The Gold Cup at Ascot is held every year in the town of Ascot in England, as it has been since 1807. This is the most popular long-distance race in the world with a length of nearly 2.5 miles and a prize purse of almost $500,000. This race is perfect for players who enjoy placing in-play horse bets, as this race lasts for a bit longer than the regular horse race, enabling you to take advantage of the real-time changes.

Horse racing odds, betting bonuses, and promo codes

Horse racebooks provide players with an assortment of promotional offers as a way to draw them in and keep them playing. The most common bonus on these sites is the risk-free first bet which is available as a part of the welcome package. Alternatively, you can expect to find match-up deposit bonuses, bonus bets, and even horse racing odds boosts.

In most cases, the time limit on these bonuses ranges from 7 days to 30 days, depending on the racebook. While certain operators do impose winning caps that top out at roughly $2,500, many forego these limits completely. You can expect to encounter a minimum deposit requirement of $10.

For more options, visit our guide on the best free betting apps available in the US.

How to sign up

Registering for an account at a horse racebook is a fairly straightforward process that we developed a step-by-step guide.

Step 1: Enter our personal information
Step 2: Verify that you agree to the T&C and privacy policy
Step 3: Complete the registration and upload ID documents

How to deposit on a site

Depositing at a horse race betting site is just as simple as registering at it.

Step 1: Access your account and the cashier tab
Step 2: Select a payment method and input the sum

How to withdraw winnings

Most sites allow you to withdraw via the same method that you used for depositing. You can withdraw in different currencies, but you will have to pay transfer charges.

Step 1: Access your account and the banking tab
Step 2: Choose a payment option and confirm the transaction

Horse racing site deposits

Method

Deposit time

Visa

Instant

MasterCard

Instant

Bank transfer

Instant

PayPal

Instant

Skrill

Instant

Neteller

Instant

Choosing the best online horse racing betting sites

There are several different factors that you need to take into consideration so that you make the best possible decision when it comes to horse racebooks. Here are the most important aspects:

Restricted states

Before you register at a horse racing betting site, you need to ensure that the state you reside in isn’t on the restricted list. While you could use a VPN to access a site not available in your state, this is not wise as it goes against the rules and regulations of these racebooks.

Instead, turn your attention to the platforms available to you. You can discover whether a site is restricted or not in the About Us section of the platform.

Safety, reliability, and reputation

In order for a horse racebook to operate legally within the US, it must be licensed and regulated by the gambling authority in each individual state of operation. This license is also a good way to determine how safe a site is, in addition to the available protection measures. As for customer support channels, most quality sites offer live chat, email, and phone options.

Payout and withdrawal speed and terms

Each online horse race betting site is different with a variety of withdrawal options that differ from each other. Yet, most cashout options have a processing time of around 1-3 days on average. Of course, this time is subject to change, especially if there is an issue with your identity verification.

Deposit options

At most quality online horse racebooks, you will find an assortment of credit and debit cards, e-wallets, vouchers, and bank transfers as deposit methods. These methods typically have a $10 minimum limit and they don’t have built-in maximum limits. More often than not, these deposits are instant, which means they appear after a minute or two.

Online horse racing betting selection

The quality of the betting opportunities available is absolutely crucial, which is why the top-notch platforms offer you hundreds of races from around the world. You can make around 20 different bet types and you can follow the races in real-time via live streaming.

Cost and fees

Horse race betting online is designed to be accessible and player-friendly, which is why there are no built-in fees. Reliable gaming platforms don’t charge you betting or money transferring fees, and you might be required to pay a small inactivity fee if you are inactive for 6+ months.

User experience and mobile compatibility

The user experience depends heavily on several different elements, including the quality of the interface, odd competitiveness, bonus wagering requirements, and mobile compatibility. Nearly every modern betting platform has a dedicated mobile app for both Apple and Android devices.

Cashier policy and T&Cs

All respectable online horse racing betting apps and sites display their policies and terms and conditions clearly so that everyone can access them. These documents contain the rules and regulations that you have to adhere to in order to successfully wager on these horse racebook platforms.

Sites to avoid

It is always wise to steer clear of online horse racing betting platforms that have no licenses and little-to-no internet presence. These sites are suspicious because all legitimate platforms include information about their license and protection measures on their websites. You should avoid sites like America’s Bookie and Zenit.

How to gamble responsibly

Before we end this article, we need to caution you to always bet responsibly. To ensure you’re being cautious, betting sites implement various Responsible Gambling practices that will help you keep your betting habits in check.

  • Limits: sportsbooks allow you to set betting limits, i.e. limit how much you can bet in a day, a week, or a month.

  • Cashouts: you can withdraw your winnings quite easily from any betting site. This prevents you from spending all of your winnings. There’s also the option for early cashout, so you can still get paid if the bet is starting to go sideways.

  • Help & resources: betting sites provide access to resources for problem gamblers and point them to organizations that can help with gambling addiction.

Responsible Gambling Organizations and Charities in the US

Organization

Contact details

OASAS

Live chat: https://oasas.ny.gov, Freephone 24-7 Helpline: 1-877-8-HOPENY(467369)

NCPC

Email: ncpg@ncpgambling.org, Phone: 1-800-522-4700

Gambling Therapy

Email: support@gamblingtherapy.org, Phone: 020 7381 7722

VCGP

Email: info@vcpg.net, Phone: 1-888-532-3500

References

Your questions answered

What is the best horse racing betting site for US players?
Is it safe to bet on horse racing at an online betting site?
How risky are horse racing bets?
Can I place in-play bets for horse racing?
Am I eligible for a betting bonus for Horse Racing betting?
Do you recommend horse betting sites?
Can I use multiple horse racing betting sites at the same time?
Can I watch the races I bet on?
Can I use the same payment method for deposits and withdrawals?

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Author

Bradley Gibbs
Sports betting writer with more than 12 years worth of experience writing about several sports and gambling topics. Value bet finder looking for edges on football, horse racing, tennis and golf, all of which I have covered extensively as a writer. My work has featured on many websites, while I’ve also been published in The Racing & Football Outlook, a popular UK betting newspaper.