Horse Racing Sports Betting

If you’re looking for the best horse racing betting sites in the USA, then you’ve arrived at the right place. On this page, we will present the best US-licensed horse racing sportsbooks, and we will help you to choose the right site for you.

Top Horse Racing Racebooks

1
FanDuel Sportsbook
$1,000
  • bullet-iconUser-friendly interface
  • bullet-iconSeamless transition from DFS to sportsbook with one wallet
  • bullet-iconPromos and free plays for existing members
9.5
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FanDuel Sportsbook is a very good online sportsbook that seems to have a lot to offer every player. Players have a good range of sports to bet on, and some competitive odds to enjoy using. This is a sportsbook that seems to do what it can to beat the competition. It has a great level of security and some good deposit and cash out options.

2
BetMGM
MOST POPULAR SPORTSBOOK
$1,000 Risk-Free Bet Bonus Offer
  • bullet-iconEasy to use website and app
  • bullet-iconEvery game can be live streamed for free
  • bullet-iconWide variety of sports to bet on
9
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The BetMGM Sportsbook is potentially one of the best sportsbooks around. With a wide variety of sports to choose from and a good New Customer Offer, players are certainly in for a good time. Offering parlays and great odds compared to many other sportsbooks, BetMGM Sportsbook is well worth spending time on.

3
DraftKings Sportsbook
SUPER POPULAR
$50 Free Bet
  • bullet-iconGood range of betting markets
  • bullet-iconExcellent customer support
  • bullet-iconLow minimum deposit
9
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This DraftKings Sportsbook review has been an interesting one to research. This online sportsbook has a lot to offer every player. From a good range of betting markets to some good bonuses and promotions, here is an online sportsbook that seems to offer it all. Players should seriously consider spending time on this exciting sportsbook.

4
Betway Sportsbook
$250
  • bullet-iconInternational brand
  • bullet-iconExtensive sports
  • bullet-iconCompetitive odds
9.2
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Betway Sportsbook is a good online sportsbook as it has quite a lot to offer every player. This is an online sportsbook that has helped to make online gambling even more pleasurable. With some good betting odds and cashing out options, this is a sportsbook that means business. Players can expect to place a bet on many different betting markets, should they wish to. While there could be more bonuses and promotions, here is an online sportsbook that is set to impress.

5
Unibet NJ Sportsbook
Up To $500 Risk-Free Bet
  • bullet-iconExperienced and trustworthy brand
  • bullet-iconExtensive betting options
9
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New Jersey's Unibet sportsbook is a very good sportsbook that is well worth spending time on. With a good range of betting markets and some good odds, this is a sportsbook that could be going places. Online from 2019, there is still time for the site to improve slightly.

Table of Contents

Top 5 horse racing betting sites/sportsbooks

Our experts have reviewed dozens of horse betting sites based on their quality, safety, fairness, and more to create a top list for our readers. Our top 5 sportsbooks are:

 

Betting Site

What We Love About The Site

Betway

Impressive race selection, in-play betting, cash-out options

Unibet

Always offers competitive odds, players can watch live streamed games, nice welcome bonus

FanDuel

Good range of promotions, excellent range of basketball games on offer, competitive odds

DraftKings

Great sign-up bonus, many on-going promotions, live streaming available

BetMGM

Great odds, live streaming offered, good user interface

 

Let’s take a closer look at the best sites around: 

Betway

Pros

Cons

✅Impressive race selection

❌There could be more deposit and withdrawal methods

✅In-play betting

❌Confusing layout

✅Cash-out options

 

✅Live betting options

 

✅Trusted brand and sportsbook

 

Unibet

Pros

Cons

✅Always offers competitive odds

❌Withdrawing funds takes a little too long

✅Players can watch live streamed games

❌Level of customer service could be better

✅Nice welcome bonus

 

✅Secure website 

 

✅Good range of sports betting markets

 

FanDuel

Pros

Cons

✅Good range of promotions

❌Not a well-known brand

✅Excellent range of basketball games on offer

❌Live chat function does not always work

✅Competitive odds

 

✅Good betting markets offered 

 

✅Fast withdrawal process

 

DraftKings

Pros

Cons

✅Great sign-up bonus

❌More banking options are required

✅Many on-going promotions

❌The rewards system could be easier to understand 

✅Live streaming available

 

✅Competitive odds

 

✅Good user interface (UI)

 

BetMGM

Pros

Cons

✅Great odds

❌Requires more customer service contact options

✅Live streaming offered

❌Withdrawal speed is too slow

✅Good user interface

 

✅Security is of a high standard

 

✅Multiple deposit options

 


The best sites can be found listed above. Those who love this sport can simply log into each of them and place a bet, should they wish to. Each of the websites is different. However, they all offer a very good betting experience.

How to choose the best online horse racing betting sites

Choosing the best US sites is not as easy as you think. There are many sites out there and the sheer amount can make it hard to choose between them. Our guide which can be found below can help.

Think about what you’re looking for

Think about what is important to you, for example, a variety of games/races, bonuses, or an app. Decide what is important to you and search for a sportsbook that offers what you’re looking for. 

Read recent reviews

A great way to find the best site is by reading reviews. Trusted review sites include Better Business Bureau and Yelp. Paying attention to what people are saying can highlight whether there are any issues. Reading reviews that were written in the last few months can help you to determine whether a site is worth visiting. 

Research the bonuses offered

Online US sportsbooks offer players bonuses and promotions and they exist to attract players. The more tempting the bonuses are, the more visitors the site could have. 

If a sportsbook you’re considering does not host bonuses and promotions that appeal, consider looking elsewhere. Note that sites tend to compete with each other in terms of what they offer. For example, one sportsbook may offer a $100 deposit bonus, whereas its direct competitor may offer a $150 deposit bonus. 

Take a look at the odds

Try to look for the best and highest odds to maximize profits. There is usually competition between sportsbooks to offer the best odds possible. Noting what a range of sportsbooks offers can aid in finding more favorable odds. 

Live streaming, in-play betting and more

Live streaming, in-play betting, and other extras such as cashing out are very popular features.  Offering something different helps a website to stand out. 

Check if an app is available

Many players have the chance to download an app. The apps allow players to place bets via their cell phones or tablets. 

Apps may not be offered everywhere. However, US sites that don’t offer apps may be mobile-optimized. They allow players to log in from their cell phones or tablets and they tend to offer the same betting opportunities as the desktop sites. 

Bonuses And Promotions

Bonuses and promotions that typically offered to all players:


Deposit matches

Deposit matches are usually offered to new players. This bonus works by players receiving the same amount of money that they deposited. For example, a player who deposits $100 may receive extra $100 from the sportsbook. As a result, players can place relatively risk-free bets.


Promotional codes

Codes such as these help players get a bit more for their money. Entering a code such as: BONUS1, for example, can allow players to receive a few bonuses such as free bets or boosted odds. 


Welcome bonuses

Most online sportsbooks offer new player bonuses. Bonuses such as this can include deposit bonuses, free money, and free bets.


Free bets

A bonus such as this is a good way of placing a bet without any risk to your own money. However, free bets can usually only be used on specific races. 


Different sites may offer different bonuses, allowing players to choose those which are more preferential. Bonus and promotions are likely to alter occasionally. Therefore, intermittently checking the bonuses and promotions is recommended. 

Customer Support

Usually, US sportsbooks operate perfectly well. However, as with any other website, from time to time an issue may arise. If and when a situation arises you need to know you have the option of getting in touch with the relevant sportsbook.

Some of the most popular customer contact options include:

 

  • Live chat
  • Email address or form
  • Telephone helpline

 

Those who reach out to the customer service team will expect a timely response. The most popular contact option tends to be the live chat feature. This is primarily because a player can receive a response within 20 minutes, if not sooner. 

The remaining 2 options listed above are also quite popular. However, the quicker a player receives a response, the better. Players usually prefer to receive a response within 48 hours. Any longer and players are likely to be unhappy.

Deposit And Withdrawal Methods

The more deposit and withdrawal methods there are, the better. The following methods should ideally be available:



  • Visa
  • Mastercard
  • Bank transfer
  • E-wallets
  • Prepayment cards

 

Players should be aware that they may have to use different deposit and withdrawal methods. For example, if they deposit cash using a prepayment card they’ll have to withdraw funds using another method. 

Safety And Security

Security is an important issue. Players should feel safe and know they’re protected every time they log into a betting site to make sure risks are minimized. 

Always look for an official license that has been approved by official United States licensing authorities. That’s a guarantee that the site is legal and permitted to operate in the United States. Most online US sportsbooks will display the license at the bottom of the home page. Additionally, here at Profit Squad, we recommend that players avoid all sites that are unlicensed or show no evidence that they operate correctly. Sites such as these are likely to be illegal. They could put your money and personal information at risk. 

The Types Of Horse Racing Bets Offered

Many players are offered the chance to place a range of bets. These include: 

 

  • Win bet – A win bet is one of the easiest types of bets to place. They revolve around a player choosing which horse they think is going to win. 

 

  • Each way – An each way bet is effectively a bet of two parts. The first part of the bet involves players choosing who they think will win the race. The second part involves deciding which position the horses will finish in. 

 

  • Show bet – This type of bet asks players to choose which horse they think will finish no lower than 3rd place. 

 

  • Head-to-head – Players can choose between two specific horses. If the chosen horse finishes ahead of the other horse, the bet will be won. 

 

  • Place bet – A place bet is one of the most common types of bets. Players need to decide which horse they think will finish no lower than 2nd place. 

 

  • Exacta bet – This type of bet refers to the 2 horses that finish 1st and 2nd. Players need to decide which horse will finish in which position.

 

  • Quinella bet – This bet is similar to an exacta bet. However, the horses chosen can finish in either 1st or 2nd place. 

 

  • Trifecta bet – This is a type of bet whereby a player chooses which horses will finish in 1st, 2nd, and 3rd place. 

 

  • Superfecta bet – A superfecta bet involves players choosing which horses will finish in 1st, 2nd, 3rd, and 4th place. 

 

  • Parlay – This bet is also known as a “Multiple bet” as it involves players combining single bets. All bets must win in order for the parlay bet to be successful. Occasionally, parlay insurance is offered so a payout is made if one of the combined bets fails to win. 

 

  • Pick 3, 4, 5, or 6 – Players can choose a combination of the horses that will win in 3, 4, 5, or 6 races. While these may be hard bets to place they usually come with some very nice odds. 

 

  • Daily Double – This is a special type of bet that involves players choosing which horses will win 2 consecutive races. Choosing the Daily Double may not always be easy. However, the odds can be quite favorable. 

 

 

Different types of bets tend to be available so that players have a wide range of bets to choose from. Being able to play different bets also makes betting on races more enjoyable.

The Best Mobile Friendly Apps

Most sportsbooks will have their own mobile-friendly optimized app to bet in, which makes the experience much better for players that would like to place bets using their smartphone or tablet. In addition, there’s also an option of logging into the site from a web browser, should a player prefer this option. However, the menu will look a little different than the way it appears on the app.
Note that the odds, betting options, and bonuses will usually be exactly the same, no matter what version you use.

Top Horse Racing Events

Some of the top horse racing events in the United States and around the world are:

Kentucky Derby

The Kentucky derby is hugely popular. This is an event that attracts many different players. Taking place on the 1st Saturday in May in Louisville, Kentucky, the Kentucky Derby is a world-renowned event that has a $2 million prize pool. The course is 1 ¼ miles long and it has been held since 1875. 

Belmont Stakes

Held in early June in New York, The Belmont Stakes is 1 1 ½ miles long and is known as “The race of the champion”. The horse that wins this race is likely to do well in many other races, or so it is believed. The Belmont Stakes are held in Elmont, and is ideal for 3-year old thoroughbreds. 

Preakness Stakes

Held in Baltimore, Maryland in the latter part of May, the Preakness Stakes is a coveted event that many players bet on every year. It’s also part of the Triple Crown event that holds this race and the above 2 races. The Triple Crown is a very exciting event that brings in a lot of interest from players all over the world.  

Grand National

First held back in 1839, the Grand National is one of the world’s biggest and most popular races. Held in Liverpool, UK, the 4 mile race that takes place in the middle of April offers the winner more than $400,000. With 30 fences and a lot of drama, this is a race that simply has to be bet on. 

Dubai World Cup

The Dubai World Cup is one of the most recently founded racing events. Taking place since 1996, and held in late March, this event has more than $12 million on offer to the winner. Held at the Meydan Racecourse, the 2,000 meter track is one that has seen a lot of action in recent years and continues to delight.  

Special bonuses and better odds may be offered on popular races. There’s an option here for players to enjoy such races even more. Note that the improved odds and special bonuses may be limited to specific bets such as each way or exacta bets, for example. 

Top Horse Racing Jockeys

At the time of writing (September 2022), the top jockeys were:

Irad Ortiz Jr

With 263 wins, 192 places, and 171 shows, it’s no wonder that Irad Ortiz Jr is the top jockey. Add the 1,057 starts on top and it’s clear why Ortiz Jr is a premium jockey.  

Joel Rosario

Joel Rosario is considered to be the second-best jockey in the world. With 152 wins and 136 places, this is a jockey that is a major contender. Originally from the Dominican Republic, Rosario has just 767 starts under his belt meaning he could have a brighter future ahead of him. 

Flavien Prat

With 191 wins and 157 places, Prat has so much to offer the world of horse racing. The French man is intent on making a name for himself. With just 798 starts, this jockey is worth watching.

Tyler Gaffalione

Tyler Gaffalione has had an impressive 1,153 starts. However, he only has 207 wins, and 174 starts. If this was a competition that centered on those who had the most starts, Gaffalione who hails from Florida would win. Only time will tell if he will offer us even more. 

Jose L. Ortiz

Jose L. Ortiz has an impressive 174 wins and 160 places. As someone who has only 962 starts, one of Puerto Rico’s best jockeys, Ortiz remains one of the greats. 

Conclusion

The range of US betting sites available is impressive. Note that they offer a lot to horse racing enthusiasts. We at Profit Squad consider the sites mentioned in this article to be the safest. Additionally, they offer much to every player. We recommend that racing enthusiasts consider spending time on the sites they favor the most. 

FAQs

Yes. Betting is legal in most states. Please refer to the main page of your chosen sportsbook to see which states this sport is legal in. 

No. Unfortunately, only a very few players win life-changing amounts. Most players will have a notable win from time to time

Yes. Always look for an official license that has been approved by official licensing authorities. That’s a guarantee that the site is legal and permitted to operate in the United States.

Many different types of bets can be placed such as win bets, show bets, place bets, Exacta bets, Quinella bets, Trifecta bets, Superfecta bets, Pick 3, 4, 5, or 6, Each way, Head-to-Head, Parlay, and Daily Doubles. 

Only if it is legal to place a bet in the state in question. If it is not legal, players may have to visit another state and place a bet. 

Yes. Many offer a wide range of bonuses and promotions.

Here at Profit Squad, we consider BetWay to be the best horse racing betting site in the United States. However, some players prefer other sites.