Horse Betting Online USA

Guide to the Best Horse Racing Betting Sites and Offers in the USA (State-by-State 2024)

Online horse betting is legal in many states of the USA. However, the legality of online gambling can vary from state to state, so it’s essential to check the specific laws and regulations in your jurisdiction before engaging in online horse betting. Top sites are TVG, 4NJBets, Amwager, DK Horse app and DRF Bets. Each site offers mobile apps and bonus offers for horse race bets. Use our codes to claim your promotions.

Top USA Horse Racing Betting Sites: Features and Bonuses

Horse Racebook SiteBonusesHorse Betting Options Features
TVG100% Deposit Match up to $200. Promo code: TVG200Extensive: Win, place, show, exoticsLive streaming, expert picks, mobile app on iOS & Android
NyraBet$25 Free Bet + Match Bonus up to $200All major and minor tracksNYRA track integration, exclusive promotions
DRF Bets100% Deposit Match up to $200Comprehensive race coverageAccess to DRF handicapping data, past performances
TwinSpires$200 for Sign-UpAll-inclusive betting menuOwned by Churchill Downs, Kentucky Derby content
Please note that the bonus terms and conditions may apply for each offer. It’s advisable to visit the respective websites and read the specific details of each bonus before participating.

The US boasts a range of horse racing betting sites and apps that give you instant access to hundreds of races and markets. Bet on the win, place or exacta and earn real money when you gamble online or via mobile phone. You can also claim a host of exciting bonuses and promotions when you join up. Get a deposit match welcome bonus or get insurance on losing parlays. You can also sign up to a rewards scheme to build up cash rewards or get cashback. DK Horse app, BetMGM Racebook, Caesars are new horse betting sites and apps.

AMWager

AMWager is an online horse racing betting site that offers a wide range of betting options and features. They provide access to various horse racing tracks from around the world, including popular tracks in the USA. AMWager offers competitive odds, multiple betting markets, and a diverse selection of bet types, such as win, place, show, exacta, trifecta, superfecta, and more. Additionally, they provide features like live streaming, handicapping tools, past performances, and promotions like deposit match bonuses. With AMWager, you can bet on a variety of races, including thoroughbred, harness, and quarter horse races.

DRF Bets

DRF Bets is a horse racing betting platform associated with the Daily Racing Form (DRF), a renowned source for racing information and analysis. DRF Bets provides a comprehensive betting experience, offering a wide range of tracks, races, and bet types. They offer competitive odds and various betting markets, including win, place, show, exacta, trifecta, superfecta, pick 3, pick 4, pick 5, and more. DRF Bets also provides access to past performances, expert picks, live streaming, and promotions like deposit match bonuses and refer-a-friend rewards.

TVG

TVG is one of the most popular and well-known horse racing betting sites in the USA. They offer a user-friendly platform with a vast selection of domestic and international horse racing tracks. TVG provides competitive odds, numerous betting markets, and a wide range of bet types, including win, place, show, exacta, trifecta, superfecta, pick 3, pick 4, pick 6, and more. They also offer live streaming of races, expert analysis, handicapping tools, and special promotions like money-back guarantees on select races.

4NJBets

4NJBets is a dedicated horse racing betting site for residents of New Jersey. Operated by TVG, 4NJBets provides a comprehensive betting experience with access to a variety of tracks, races, and bet types. They offer competitive odds, multiple betting markets, and bet types such as win, place, show, exacta, trifecta, superfecta, and more. 4NJBets also provides live streaming, expert picks, handicapping tools, and promotions tailored specifically for New Jersey bettors.

NYRA Bets

NYRA Bets is the official online betting platform of the New York Racing Association (NYRA). They offer a wide range of betting options and features for horse racing enthusiasts. NYRA Bets provides access to major New York tracks, including Belmont Park, Saratoga Race Course, and Aqueduct Racetrack, along with other domestic and international tracks. They offer competitive odds, various betting markets, and a comprehensive selection of bet types, including win, place, show, exacta, trifecta, superfecta, pick 3, pick 4, and more. NYRA Bets also provides live streaming, replays, expert analysis, handicapping tools, and promotions specific to NYRA races and events.

Finding the best horse betting sites in the USA involves considering several factors.

Best Apps for Horse Betting

There are a range of mobile apps for horse racing betting in the USA. Here are three of the best:

  • AmWager allows you to toggle seamlessly between straight bets and exotic wagers on their app. This is now available for both Apple and Android mobile devices.
  • The TVG app was customized with horse racing in mind. This is their premier betting product, and also supports downloads for Android and iOS smartphones and tablets.
  • Xpressbet have made their app available not just for Apple and Android, but Amazon Kindle Fire! Their special tablet interface brings tons of US horse betting options to a larger screen.

Best Horse Racing Betting Welcome Offers in the USA for 2024

Horse Betting SitesOffers (USA)Legal States
TVG100% Deposit Match up to $200CA, NJ, NY, KY, MD, OH, PA, VA, WA, WY, and more
NyraBet$25 Free Bet + Match Bonus up to $200NY, NJ, KY, MD, OH, PA, VA, WA, WY, and more
DRF Bets100% Deposit Match up to $200CA, NJ, NY, KY, MD, OH, PA, VA, WA, WY, and more
TwinSpires$200 Sign-Up BonusAL, AR, CA, CT, DE, FL, IL, IA, KS, KY, LA, MD, MA, MT, NH, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY

Horse Betting Offers Explained

Horse race betting platforms often offer various bonuses to attract and reward bettors. Common types of bonuses include deposit match bonuses, risk-free bets, refer-a-friend bonuses, loyalty programs, and special promotions for major racing events.

Deposit match bonuses are a popular type of bonus where the betting site matches a percentage of your initial deposit. For example, if a horse wagering platform offers a 100% deposit match up to $200, and you deposit $100, you will receive an additional $100 in bonus funds.

Wagering requirements refer to the number of times you must wager the bonus amount before you can withdraw any winnings. These requirements vary between platforms and bonuses, so it’s crucial to review the terms and conditions to understand the specific wagering requirements for each bonus.

The usage of bonuses may have certain restrictions. While some bonuses can be used for any type of bet, others may have limitations on the bet types or specific races they can be applied to. It’s important to read the bonus terms and conditions to understand any restrictions or requirements associated with using the bonus funds.

Online Horse Betting Legal Stats USA 2024 (Sites, Apps, Events and Taxes)

Find out which states have legal US horse betting online and offline, as well as the best sites and apps on which to place your wagers. With so many major horse racing events in the USA, we have provided this hub of information that tells you all about the best bet types and bonuses.

Colorado – Online Horse Betting Guide

  • Legal Status: Fully legal for online and track betting.
  • Top Sites: NYRA Bets, TVG, TwinSpires, DRF Bets.
  • Unique Features: Racebooks offer cashback points, handicapping tools, and access to international races.
  • Noteworthy Events: Live racing at Arapahoe Park featuring the Mile High Futurity and Gold Rush Futurity.
  • Tax Considerations: Subject to state and federal taxes on winnings, with specific withholding rates based on bet type.

Alabama – Online Horse Betting Insights

  • Legal Status: Permitted for online horse betting; track betting unavailable.
  • Best Apps: AmWager, DRF Bets, TwinSpires.
  • Promotions: Competitive offers including access to a wide array of races.
  • Betting Venues: Simulcast betting accessible at various OTB locations.
  • Tax Implications: 4% state tax on all betting income, in addition to mandatory federal tax declarations.

Arizona – Online Horse Betting Overview

  • Legal Status: Authorized for parimutuel betting online and at tracks.
  • Preferred Platforms: Exclusive to TVG for digital bets.
  • App Features: Offers extensive betting tips and handicapping data.
  • Prime Locations: Arizona Downs, Rillito Park Racetrack, Turf Paradise.
  • Tax Regulations: Under revision, ensuring compliance with federal standards.

Arkansas – Online Horse Betting Profile

  • Legal Status: Legal across licensed online platforms and physical tracks.
  • Leading Apps: AmWager, DRF Bets, TwinSpires, NYRA Bets, TVG.
  • Special Offers: Includes referral bonuses, cashbacks, and winnings boosts.
  • Top Tracks: Oaklawn Park hosts significant events such as the Arkansas Derby and Apple Blossom Handicap.
  • Financial Obligations: Winnings are taxable with both state and federal implications.

California – Online Horse Betting Essentials

  • Legal Status: Legal and active across numerous sites and apps.
  • Top Horse Betting Sites: NYRA Bets, TVG, TwinSpires.
  • Streaming and Tools: Advanced handicapping tools and mobile streaming available.
  • Major Races: Santa Anita Derby, Pacific Classic, among others at prominent tracks like Del Mar and Santa Anita.
  • Tax Info: All winnings are subject to federal income tax, dependent on overall income.

Connecticut – Online Horse Betting Details

  • Legal Status: Legal, offered through various licensed online sites.
  • Recommended Apps: AmWager, NYRA Bets, TwinSpires, DRF Bets, TVG.
  • App Highlights: Features quick bet processing and comprehensive handicapping tools.
  • Tax Requirements: State income tax at 6.99%, with federal tax of 24% on larger winnings.
  • Accessibility: No in-state tracks but close to major New York racing events.

Delaware – Online Horse Betting Guide

  • Legal Status: Online and on-track betting are legal.
  • Top Sites: AmWager, DRF Bets, NYRA Bets, TVG, TwinSpires.
  • Mobile Apps: Comprehensive apps from DRF Bets, NYRA Bets, and TVG.
  • Prime Venues: Delaware Park, Dover Downs, Harrington Raceway.
  • Featured Races: The Delaware Handicap, a prominent Grade 2 event.
  • Promotions: Includes match deposits, risk-free bets, and loyalty rewards.
  • Tax Requirements: Federal income tax on all betting profits.

Florida – Online Horse Betting Insights

  • Legal Status: Legal online and at racetracks.
  • Best Sites: AmWager, NYRA Bets, TVG.
  • Top Apps: DRF Bets, TVG, TwinSpires offer live streaming and comprehensive betting tools.
  • Key Tracks: Gulfstream Park, Hialeah Park Race Track, Pompano Park, Tampa Bay Downs.
  • Major Events: Pegasus World Cup, Florida Derby.
  • Bonuses: Matched deposits, risk-free bets, and loyalty programs.
  • Tax Considerations: Federal income tax applicable on winnings.

Georgia – Horse Betting Overview

  • Legal Status: Online and all forms of horse betting are illegal.
  • Horse Racing Venues: Kingston Downs hosts major steeplechase events.
  • Events: The Atlanta Steeplechase and Georgia Steeplechase, plus Hunter Pace meets.
  • Betting Restrictions: No betting allowed; no bonuses or promos.
  • Tax Status: No state tax on betting since it’s illegal, but federal obligations remain under review.

Idaho – Online Horse Betting Profile

  • Legal Status: Legal online and at tracks.
  • Featured Sites: DRF Bets, TVG.
  • Best Apps: DRF Bets and TVG offer tools and live betting options.
  • Racetracks: Pocatello Downs, Sandy Downs.
  • Local Events: Idaho Cup Futurity, Idaho Cup Derby Finals.
  • Offers: Deposit bonuses, risk-free bets, exotic bet bonuses.
  • Tax Obligations: Federal and possibly state taxes on winnings.

Illinois – Online Horse Betting Essentials

  • Legal Status: Completely legal online and offline.
  • Top Sites: NYRA Bets, TVG, TwinSpires.
  • Leading Apps: DRF Bets, NYRA Bets, TVG.
  • Major Tracks: Arlington Park, Fairmount Park Racetrack, Hawthorne Race Course.
  • Top Races: The Arlington Million, Beverly D. Stakes, Bruce D. Stakes.
  • Promotions: Deposit matches, loyalty rewards, risk-free bets.
  • Tax Info: State and federal taxes apply to all betting winnings.

Indiana – Online Horse Betting Guide

  • Legal Status: Fully legal online and offline.
  • Top Sites: DRF Bets, NYRA Bets, TVG.
  • Best Apps: Mobile betting enhanced with apps like DRF Bets and TVG, featuring extensive race analysis and live streaming capabilities.
  • Prime Venues: Hoosier Park, Indiana Grand, Nappanee Raceway.
  • Featured Races: Indiana Derby and Indiana Oaks at Indiana Grand.
  • Promotions: Matched deposits, bet back offers, and profit boosts.
  • Tax Info: Winnings are taxed with a state personal income tax just over 3%.

Iowa – Online Horse Betting Insights

  • Legal Status: Legal online with a thriving scene despite limited track availability.
  • Preferred Platforms: TVG, AmWager, TwinSpires.
  • Top Apps: Robust mobile options from TVG and AmWager with easy access to markets and odds.
  • Key Track: Prairie Meadows is the sole track, hosting the Iowa Classic.
  • Promotions: Sign-up bonuses and free-bet offers.
  • Tax Obligations: State tax up to 5%, with federal taxes applicable on higher winnings.

Kansas – Online Horse Betting Overview

  • Legal Status: Legal online; no live racetracks present.
  • Leading Apps: AmWager, TwinSpires, DRF Bets.
  • Promotions: Generous deposit bonuses and new bettor incentives.
  • Betting Opportunities: Focus on major national events like the Triple Crown due to the lack of local tracks.
  • Tax Info: 10% state tax on winnings, higher federal taxes on substantial amounts.

Kentucky – Online Horse Betting Essentials

  • Legal Status: Legal and integral to the state, home of the famous Kentucky Derby.
  • Top Sites: TVG, DRFBets, AmWager.
  • Leading Apps: Comprehensive betting experience with apps from TVG and DRFBets.
  • Iconic Tracks: Churchill Downs and Keeneland.
  • Major Events: Kentucky Derby and Kentucky Oaks.
  • Promotions: Risk-free bets and deposit doubling.
  • Tax Considerations: Up to 8% state tax on winnings, plus federal tax requirements.

Louisiana – Online Horse Betting Profile

  • Legal Status: Legal online and at racetracks.
  • Best Sites: NYRA Bets, TVG, AmWager.
  • Top Apps: High functionality and easy navigation on apps from NYRA Bets and TVG.
  • Notable Tracks: Fair Grounds and Louisiana Downs.
  • Key Races: Louisiana Derby and Super Derby.
  • Promotions: Risk-free bets and sign-up bonuses.
  • Tax Info: State and federal taxes on winnings over certain thresholds.

Maine – Online Horse Betting Details

  • Legal Status: Legal, though major operators are less present.
  • Available Sites: Limited options due to a lack of major operator presence.
  • Racing Venue: Hollywood Casino Hotel and Raceway in Bangor.
  • Local Events: Harness racing at the state’s only racetrack, with interest in the Triple Crown for national betting.
  • Betting Types: Win, place/show, and exacta/trifecta wagers available.
  • Tax Requirements: Taxable winnings reported on income tax, with higher federal rates on larger sums.

Maryland – Online Horse Betting Guide

  • Legal Status: Fully legal online and at tracks.
  • Top Sites: TVG, NYRA Bets, AmWager.
  • Best Apps: TVG and DRFBets offer high-quality mobile betting experiences.
  • Prime Venue: Pimlico Racecourse, home of the Preakness Stakes.
  • Featured Races: Preakness Stakes, Dinner Party Stakes, Black-Eyed Susan Stakes.
  • Promotions: Risk-free bets and substantial sign-up bonuses.
  • Tax Info: Winnings are taxed up to 8.75% state tax, plus federal tax for larger wins.

Massachusetts – Online Horse Betting Insights

  • Legal Status: Legal online and at racetracks.
  • Preferred Platforms: TVG, FanDuel Racing, NYRA Bets.
  • Top Apps: FanDuel Racing, TwinSpires, TVG.
  • Key Track: Plainridge Racecourse for harness racing.
  • Local Events: Limited to harness racing events; major thoroughbred races available via simulcast.
  • Promotions: Matched deposits and double deposit offers.
  • Tax Obligations: 5% state tax on winnings over $600, plus federal tax requirements.

Michigan – Online Horse Betting Overview

  • Legal Status: Legal online and at Northville Downs.
  • Leading Apps: BetAmerica, TVG.
  • Betting Options: Parimutuel betting on domestic and international races.
  • Only Track: Northville Downs for standardbred harness racing.
  • Local Events: Regular meets at Northville Downs.
  • Promotions: Deposit bonuses, bet-and-get deals, risk-free bets.
  • Tax Info: 4.25% state income tax on winnings, plus federal taxes.

Minnesota – Online Horse Betting Profile

  • Legal Status: Legal online and at tracks.
  • Best Sites: NYRA Bets, AmWager, TVG.
  • Top Apps: NYRA Bets, TVG, and AmWager apps offer full functionality.
  • Racetracks: Canterbury Park and Running Aces.
  • Major Events: The Claiming Crown at Canterbury Park.
  • Promotions: Sign-up bonuses and risk-free bets.
  • Tax Info: State and federal taxes on winnings.

Mississippi – Online Horse Betting Details

  • Legal Status: In-person betting only at casino sportsbooks; online betting not permitted.
  • In-Person Betting: Available at casino sportsbooks throughout the state.
  • Local Tracks: None, no horse racing tracks in Mississippi.
  • Major Events: Residents bet on national events like the Triple Crown at local sportsbooks.
  • Betting Options: Standard win, place/show, exacta, and trifecta bets available in-person.
  • Tax Requirements: 3% state tax on winnings, plus federal tax for larger winnings.

Missouri – Online Horse Betting Essentials

  • Legal Status: No legal online or in-person betting due to the absence of active racetracks.
  • Horse Betting: Not available within the state.
  • Promotions: None available due to the lack of betting venues.
  • Potential Developments: Discussions on legalizing online sports and horse betting have stalled.
  • Tax Info: Hypothetical tax discussions have mentioned a possible 6.75% tax on gambling winnings.

Montana – Online Horse Betting Guide

  • Legal Status: Legal online and at selected locations.
  • Top Sites: DRF Bets, NYRA Bets, Twinspires.
  • Best Apps: NYRA Bets, TVG, Twinspires.
  • Local Tracks: Minor venues for local races, including Miles City and the Montana State Fair.
  • Local Events: Miles City Bucking Horse Sales Race Meet and races at the Great Falls Turf Club.
  • Promotions: Match deposit bonuses, winnings boosts, and loyalty programs.
  • Tax Info: 8.5% state tax on winnings, with federal tax requirements on higher amounts.

Nebraska – Online Horse Betting Guide

  • Legal Status: Limited legal online options.
  • Top Sites: DRF Bets, with restricted offerings.
  • Mobile App: DRF Bets, limited to betting on Fonner Park.
  • Horse Racing Tracks: Columbus Thoroughbred Racing, Fonner Park, Horsemen’s Park, Lincoln Race Course.
  • Local Events: Minor thoroughbred and simulcast horse racing.
  • Betting Types: Parimutuel wagering only; includes Win, Place, and Show, plus Exotics like Quinellas and Trifectas.
  • Tax Info: Discussions ongoing regarding tax rates on sports gambling.

Nevada – Online Horse Betting Insights

  • Legal Status: Restricted online presence, legal in-person betting.
  • Mobile App: None, due to strict state regulations.
  • Betting Venues: Minor venues like Elko County and White Pine Fairgrounds.
  • Major Events: Labor Day meet at Elko with the Intermountain Futurity.
  • Betting Types: Parimutuel wagering including Exotics and Jackpots.
  • Tax Info: Significant state and federal taxes on winnings.

New Hampshire – Online Horse Betting Overview

  • Legal Status: Legal online and offline.
  • Top Sites: AmWager, DRF Bets, TVG.
  • Top Apps: NYRA Bets, TVG, Twinspires.
  • Promotions: Matched deposits, bet back offers, and winnings boosts.
  • Local Tracks: No active tracks, nearby options like Saratoga available.
  • Betting Types: Parimutuel betting including Win, Place/Show, and Exotics.
  • Tax Info: No state tax on winnings, federal taxes apply.

New Jersey – Online Horse Betting Profile

  • Legal Status: Fully legal online and at tracks.
  • Top Sites: 4NJBets by TVG.
  • Mobile App: 4NJBets for comprehensive track betting.
  • Horse Racing Tracks: Far Hills, Freehold Raceway, Meadowlands, Monmouth Park.
  • Major Events: Haskell Invitational, United Nations Stakes, and more.
  • Betting Types: Parimutuel wagers including Exotic bets and Multiples.
  • Tax Info: Higher online tax rate of 13% on winnings.

New Mexico – Online Horse Betting Details

  • Legal Status: Legal online and at racetracks.
  • Top Sites: TVG, DRF Bets with restrictions.
  • Top Apps: TVG, DRF Bets with limited access.
  • Racing Venues: Albuquerque Downs, Ruidoso Downs, Sunland Park, Sunray Park, Zia Park.
  • Local Events: All American Futurity, Sunland Derby, and others.
  • Betting Types: Parimutuel wagers including Win, Place, Show, and Exotics.
  • Tax Info: Low state tax rate of 6% on winnings, federal taxes apply.

New York – Online Horse Betting Essentials

  • Legal Status: Legal online and at numerous tracks.
  • Top Sites: NYRA Bets, Twinspires, DRF Bets.
  • Mobile Apps: NYRA Bets, TVG, Twinspires.
  • Horse Racing Tracks: Belmont Park, Saratoga Racecourse, and more.
  • Major Races: Belmont Stakes, Travers Stakes, Whitney Stakes.
  • Betting Types: Extensive parimutuel options including Exacta and Superfecta.
  • Tax Info: 12% tax on online winnings; varies for in-person bets.

North Carolina – Online Horse Betting Overview

  • Legal Status: Illegal online and offline.
  • Potential Sites/Apps: None, due to state restrictions.
  • Horse Racing Venues: Queen’s Cup Steeplechase Races, Pinehurst Harness Track (no betting allowed).
  • Major Events: Queen’s Cup Steeplechase.
  • Betting Types: No betting allowed; potential future options if legalized.
  • Tax Info: No current tax as betting is not legal; proposals for future tax rates exist.

North Dakota

  • Legal Status: Online and offline betting are legal.
  • Popular Sites: AmWager, DRF Bets, Twinspires.
  • Key Tracks: Chippewa Downs, North Dakota Horse Park.
  • Local Events: North Dakota Derby, North Dakota Futurity.
  • Taxation: Federal income tax applies, no state tax withheld.

Ohio

  • Legal Status: Both online and offline betting are legal.
  • Top Platforms: DRF Bets, NYRA Bets, Twinspires.
  • Major Tracks: Thistledown, Mahoning Valley Race Course.
  • Key Races: Ohio Derby.
  • Taxation: Federal and variable state proposals on taxing winnings.

Oklahoma

  • Legal Status: Online betting is legal within licensed facilities.
  • Best Sites: AmWager, DRFBets, TwinSpires.
  • Top Tracks: Remington Park, Will Rogers Downs.
  • Major Events: Oklahoma Derby, Heritage Place Futurity.
  • Taxation: Federal tax on winnings over $5,000; earnings below $600 may not be taxed.

Oregon

  • Legal Status: Legal online and at physical locations.
  • Leading Sites: TVG, NYRA Bets, AmWager.
  • Key Tracks: Grants Pass Downs, Crooked River Roundup.
  • Taxation: No state tax on winnings under $600; federal tax on winnings over $5,000.

Pennsylvania

  • Legal Status: Online and offline betting are legal.
  • Top Sites: PaBetsTVG, TwinSpires, NYRA Bets.
  • Principal Tracks: Penn National, Parx Racing.
  • Notable Races: Pennsylvania Derby, Cotillion Stakes.
  • Taxation: State tax of 3.07% on winnings; federal tax on large winnings.

Rhode Island

  • Legal Status: Legal online and in-person betting.
  • Leading Platforms: TVG, NYRA Bets, AmWager.
  • Taxation: Winnings considered income, with federal tax applicable on substantial amounts.

South Carolina

  • Legal Status: Betting is illegal.
  • Tracks: Springdale Race Course, The Plantation at Stono Ferry Racetrack.
  • Local Events: Carolina Cup, Aiken Trails.
  • Taxation: No betting, hence no taxation on winnings.

South Dakota

  • Legal Status: Legal online and offline betting.
  • Top Sites: TVG, TwinSpires, NYRA Bets.
  • Racing Venues: Stanley County Fairgrounds, Brown County Fair.
  • Taxation: State tax on winnings over $600; federal tax applicable on winnings over $5,000.

Tennessee

  • Legal Status: Online betting is legal; no live tracks for in-person betting.
  • Popular Sites: TwinSpires, DRF Bets, NYRA Bets.
  • Local Event: Iroquois Steeplechase.
  • Taxation: No state income tax; federal tax applies for winnings over $5,000.

Texas

  • Legal Status: Online betting prohibited; in-person betting available at tracks.
  • Racing Venues: Lone Star Park, Retama Park, Sam Houston Race Park.
  • Major Races: Texas Classic Futurity, Texas Classic Derby.
  • Taxation: Federal income tax on winnings over $5,000.

Vermont

  • Legal Status: Online betting is legal; no active racetracks.
  • Leading Sites: NYRA Bets, TwinSpires, DRF Bets.
  • Taxation: State tax on winnings, with additional federal tax on large sums.

Virginia

  • Legal Status: Online and in-person betting are legal.
  • Top Sites: TVG, NYRA Bets, AmWager.
  • Main Racetrack: Colonial Downs.
  • Notable Race: Virginia Derby.
  • Taxation: Income tax on gambling winnings, with higher rates for larger earnings.

Washington

  • Legal Status: Legal online and in-person betting.
  • Premier Tracks: Emerald Downs, Sun Downs.
  • Top Race: Longacres Mile.
  • Taxation: No state income tax; federal tax on large winnings.

West Virginia

  • Legal Status: Online and in-person betting are legal.
  • Top Sites: TVG, FanDuel Racing, DRF Bets.
  • Main Tracks: Charles Town Races, Mountaineer Racetrack.
  • Top Races: West Virginia Breeders’ Classic, West Virginia Derby.
  • Taxation: Up to 10% state tax on gambling winnings.

Wisconsin

  • Legal Status: Online betting is in a gray area; no in-person betting facilities.
  • Key Sites: TwinSpires, DRF Bets, NYRA Bets.
  • Taxation: Federal tax required on winnings over $5,000.

Wyoming

  • Legal Status: Legal online and in-person betting.
  • Top Sites: TVG, DRF Bets, TwinSpires.
  • Racing Venues: Wyoming Downs, Sweetwater Downs.
  • Taxation: No state tax on winnings; federal tax applies to large amounts.

Horse Racing Betting Features and Promo Types

  • Deposit Match Bonus: Platforms like AMWager often offer a deposit match bonus where they match a percentage of your initial deposit. For example, AMWager may offer a 100% deposit match up to $200, effectively doubling your betting funds.
  • Refer-a-Friend Bonus: Some platforms, such as DRF Bets, incentivize you to refer friends to their platform by offering a refer-a-friend bonus. When your referred friend signs up and meets certain requirements, both you and your friend can receive a bonus, such as free bets or account credits.
  • Rewards Scheme: Platforms like NYRA Bets often have a rewards scheme or loyalty program where you earn points for your wagers. These points can then be redeemed for various rewards, such as free bets, exclusive promotions, merchandise, or even VIP experiences.
  • Money Back on Losing Races: To soften the blow of losing bets, platforms like TVG may offer money back on select races or bet types. For example, if your horse finishes second or third, TVG may refund your bet amount as a free bet.
  • Pick 5 Prediction Contests: Some platforms, including the DK Horse App, offer Pick 5 prediction contests. These contests challenge bettors to select the winners of five consecutive races. If you make the correct picks, you can win a significant cash prize or a share of the prize pool.
  • Pick 4 Insurance: Platforms like NYRA Bets may offer Pick 4 insurance, which protects your bet if one of your selected horses is scratched from the race. In such cases, your bet is refunded, allowing you to continue playing without losing your stake.
  • Past Performances: Platforms like DRF Bets provide access to past performances, which are detailed records of a horse’s previous races, including finishing positions, times, and other relevant data. These past performances help bettors analyze a horse’s form and make more informed betting decisions.
  • Form and Results: Platforms like TVG offer comprehensive form and results information, allowing you to review a horse’s recent performances, track conditions, jockey records, and more. This data helps you assess a horse’s potential in an upcoming race.
  • Live HD Videos and Radio Commentary: Platforms like NYRA Bets and TVG provide live HD videos of horse races, allowing you to watch the action in real-time. Additionally, they often offer radio commentary, providing expert insights and analysis during the races.
  • Handicapping Tools: To assist bettors in making informed decisions, platforms like the DK Horse App offer handicapping tools. These tools provide various statistics, trends, and analysis to help you assess the field and make strategic bets.
  • Free Tips: Many platforms, including DRF Bets and NYRA Bets, provide free tips and expert selections from handicappers and racing professionals. These tips can offer valuable insights and guidance when making your betting choices.

Horse Bet Types and Terms

There are many bet types depending on whether you play fixed-odds or parimutuel betting on horses. A fixed-odds sportsbook will offer prices for a horse to win, place (finish first or second), or show (first, second, or third). You can also put parlay bets on multiple races.

With parimutuel services, US horse betting can become quite exotic. Here, you can choose to win, place, and show your bets, as well as back more than one horse in the same race. This means exotic bets like exactas, quinellas, trifectas, and even superfectas are available.

You can choose from a range of betting options at legal horse racing betting sites in the USA. Go for the win (1st) or place (1st/2nd) or show (1st/2nd/3rd) or predict some exotic outcomes like the Trifecta (first three horses in correct order) and Superfecta (first four finishers in correct order).

  • Win: This is the simplest bet type where you select a horse to win the race. If your chosen horse finishes first, you win the bet. For example, you may place a win bet on “Horse A” to win the Kentucky Derby at the AMWager site.
  • Place: With a place bet, you choose a horse to finish either first or second. If your selected horse finishes in either of these positions, you win the bet. For instance, you might place a bet on “Horse B” to place in a race at the DRF Bets platform.
  • Show: A show bet allows you to select a horse to finish in the top three positions (1st, 2nd, or 3rd). If your chosen horse finishes in any of these positions, you win the bet. For example, you may place a show bet on “Horse C” in a race at the BetMGM Racebook.
  • Exacta: An exacta bet requires you to predict the first two horses to finish in the correct order. If your chosen horses finish in the exact order you predicted, you win the bet. For instance, you might place an exacta bet on “Horse D” to finish first and “Horse E” to finish second in a race at AMWager.
  • Trifecta: With a trifecta bet, you aim to predict the first three horses to finish in the correct order. If your selected horses finish in the exact order you predicted, you win the bet. For example, you could place a trifecta bet on “Horse F” to finish first, “Horse G” to finish second, and “Horse H” to finish third at DRF Bets.
  • Superfecta: The superfecta bet is more challenging as you need to predict the first four horses to finish in the correct order. If your chosen horses finish in the exact order you predicted, you win the bet. For instance, you may place a superfecta bet on “Horse I” to finish first, “Horse J” to finish second, “Horse K” to finish third, and “Horse L” to finish fourth at BetMGM Racebook.
  • Quinella: In a quinella bet, you select two horses to finish in the top two positions, regardless of the order. As long as your chosen horses finish first and second, you win the bet. For example, you might place a quinella bet on “Horse M” and “Horse N” to finish in the top two positions in a race at AMWager.
  • Hexafecta: The hexafecta bet is a challenging and high-risk bet where you aim to predict the first six horses to finish in the correct order. If your selected horses finish in the exact order you predicted, you win the bet. This bet type is less commonly offered but may be available on certain platforms like DRF Bets.

Please note that the availability of these specific bet types and the associated odds may vary based on the race, the betting platform, and the specific rules of each site. It’s always important to familiarize yourself with the terms and conditions of the platform you are using before placing any bets.

Major Horse Betting Events 

There are major US horse betting events throughout the year. From the Pegasus World Cup at Gulfstream Park in Florida in January through to the Kentucky Derby at Churchill Downs on the first Saturday in May; there’s plenty of action for you to wager on.

Other famous US horse races include the Preakness Stakes at Pimlico in Baltimore and the Belmont Stakes run outside New York City. Tracks including Belmont Park and Saratoga stage big races over the summer, while everything builds to the two-day Breeders’ Cup World Championships held at different venues across America every year in the fall. 

Where Can You Watch US Horse Races?

If you are not near the racecourse with the race of your interest, there are plenty of other opportunities to watch horse racing; either through mobile betting apps via live streams and network TV coverage. Among the channels that broadcast major American races are NBC and ESPN. Amwager, TVG, and TwinSpires are also popular US horse betting platforms that allow you to watch races. Some racebooks might ask you to open an account with no betting obligations before you can watch the Horse Race live stream.

The legal betting age in the US varies from state to state. It is either 18 or 21. Most casinos only allow people aged 21 and over to enter.

What does ‘Parimutuel’ mean?

Parimutuel is another name for pool betting, a popular form of horse betting in the US. Winnings are paid as dividends based on market interest.

What is ‘Fixed-Odds’ Horse Betting?

Fixed-Odds horse betting is where bookmakers set the prices offered on sportsbooks based on implied probabilities of horses winning races. It’s different from Parimutuel betting.

Where can I find Horse Betting Communities for Free Picks?

There are many places available online where you can get US horse betting picks for free. Equibase provides some handicapping services without charging, while TimeformUS and Daily Racing Form are other respected sources. Not all betting tips come from free.

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