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Horse racing betting remains popular in the US, with $11 billion wagered in 2024. With so many sportsbooks, choosing the right one can be tough. This page compares top offshore horse racing sites, covering bonuses, payments, and more.
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- Racebook
- Live streaming
- Odds boost
- Parlay insurance
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200% Welcome Bonus Up To $1,000 |
200% Welcome Bonus Up To $1,000
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BN100
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BN100
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$250 in Free Bets and 100 Free Spins |
$250 in Free Bets and 100 Free Spins
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FREE250
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FREE250
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125% Sign Up Bonus + Up to 30 Risk Free Bets |
125% Sign Up Bonus + Up to 30 Risk Free Bets
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NO CODE REQUIRED
NO CODE REQUIRED
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$750 Sports Welcome Bonus |
$750 Sports Welcome Bonus
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NO CODE REQUIRED
NO CODE REQUIRED
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Official Partner
Leicester City
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Four Match Bonuses Up To $1,600 + 400 Free Spins |
Four Match Bonuses Up To $1,600 + 400 Free Spins
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NO CODE REQUIRED
NO CODE REQUIRED
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50% Deposit Match Bonus Up To $100 |
50% Deposit Match Bonus Up To $100
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NO CODE REQUIRED
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100% Welcome Bonus up to $500 |
100% Welcome Bonus up to $500
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WELCOME500
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WELCOME500
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Exclusive 400% Match Bonus Up To $10,000 + 300 Free Spins |
Exclusive 400% Match Bonus Up To $10,000 + 300 Free Spins
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NO CODE REQUIRED
NO CODE REQUIRED
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50% up to $1,000 + $10 Casino Chip |
50% up to $1,000 + $10 Casino Chip
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First Deposit Bonus Up to $500 + $10 Casino Chip |
First Deposit Bonus Up to $500 + $10 Casino Chip
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NO CODE REQUIRED
NO CODE REQUIRED
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- Show Full Guide
Best Horse Racing Betting Sites Compared
Before you decide on which site to start betting on, we recommend taking a look at the racing features each of the sportsbooks on this page has to offer.
| Rank | Sportsbook | Racing Odds Boosts | Racing Promotions | Racing Live Streaming | Cashout |
|---|---|---|---|---|---|
| #1 | BetOnline | ✅ | ✅ | ❌ | ✅ |
| #2 | BetNow | ✅ | ✅ | ✅ | ✅ |
| #3 | BetWhale | ❌ | ❌ | ✅ | ✅ |
| #4 | Bovada | ✅ | ❌ | ✅ | ✅ |
| #5 | Everygame | ❌ | ✅ | ❌ | ✅ |
| #6 | CoinCasino | ❌ | ✅ | ❌ | ❌ |
| #7 | MyBookie | ✅ | ✅ | ❌ | ✅ |
| #8 | BetUS | ✅ | ✅ | ✅ | ✅ |
| #9 | SportsBetting.ag | ❌ | ✅ | ✅ | ❌ |
| #10 | XBet | ❌ | ✅ | ❌ | ✅ |
Top 5 Horse Racing Betting Sites Reviewed
There are some familiar and incredibly popular horse racing betting sites in our top 10. But what exactly do the top five have to offer, and how do they compare with one another?
1. BetOnline – The Best Horse Race Betting Site
- Deposit methods: Credit Cards, Cryptocurrencies, Bank Transfer
- License: Panama Gaming Commission
- Top Horse Racing Offer: Up to 9% Rebate on Horse Racing Wagers
- Exotic Wagers: Exacta, Trifecta, Parlay
BetOnline is our pick of the best horse racing betting sites. They cover not only horse racing in the dedicated Racebook, but 20+ other exciting sports to bet on. For racing fans, they offer a fantastic rebate program which is a generous 9% returned daily on exotic wagers and 4% daily on win, place, and show wagers. If you like placing wagers by phone, BetOnline offers a 5% daily rebate.
As well as the rebate scheme, they offer futures bets on all of the big racing events, but they also provide match bets, which means race fans can back one horse against another in any given race.
BetOnline also allows increased track limits and maximum payouts at special category races, including the Kentucky Derby which are payouts up to $100,000. At Category A tracks like Belmont Park, it’s $25,000, at Category B Tracks such as Aqueduct, it’s $15,000, and at Category C tracks like Delaware, it’s $10,000.
Our Verdict: 9.8/10
Pros:
- $250 welcome bonus for horse racing wagers
- Accepts a large number of cryptocurrencies
- Daily rebate of up to 9% on selected horse race bets
- Generous track limits at category A, B, and C tracks
Cons:
- No live-streaming of horse racing
2. BetNow – Top Horse Racing Betting Site for Free Live Streaming
- Deposit methods: Credit Cards, Cryptocurrencies, Checks, MoneyGram
- License: Curacao e-Gaming Authority
- Top Horse Racing Offer: 10% Racing Rebate Direct to Your Account Weekly
- Exotic Wagers: Exacta, Trifecta, Parlay
BetNow is one of the best offshore sportsbooks and one that puts horse racing at the center of its sports coverage. It has also a superb live betting experience, which combines extensive live streaming with real-time odds from more than 200 US-based and international race tracks. These odds are also highly competitive in the North American market.
BetNow offers generous payout limits too, with a maximum return of $30,000 available when betting on ‘Track A’ category races. You can also access extensive multi-race horse racing betting at BetNow, including the popular ‘Daily Double’ and potentially big win bets like the Pick 5 and Pick 6 wagers. The latter bets require you to pick either five or six consecutive winners at a selected race meet.
BetNow’s range of bonuses for sports bettors begins with a range of welcome bonus options for new customers. Options include a 200% up to $200 (crypto depositors only), carrying an 18x rollover, and 50% up to $500, which carries a 12x rollover requirement. There is also a very useful 10% weekly racing rebate offer which can be very handy if you’ve had a bad week!
Our Verdict: 9.6/10
Pros:
- Extensive live sports streaming
- High maximum payouts for ‘Track A’ races
- Range of multi-horse racing betting options
- Industry-leading 10% horse racing rebate every Monday
- Quality horse racing blog
Cons:
- Low maximum payouts at international tracks
3. BetWhale – Unique Range of Win, Place, and Show Parlay Bets Available
- Deposit methods: Credit Cards, Cryptocurrencies, Checks, MoneyGram
- License: Curacao e-Gaming Authority
- Top Horse Racing Offer: 125% welcome bonus worth up to $1,250
- Exotic Wagers: Exacta, Trifecta, Quinella, Superfecta, Pick 5, Parlay
If you are looking for a juicy welcome bonus to get your horse racing betting off to a flying start right out of the gate, then BetWhale is a great option. The 125% sports welcome offer worth up to $1,250 (minimum deposit of $50) can be used on any horse or greyhound race and comes with a tolerable 10x wagering requirement.
BetWhale’s dedicated Racebook allows you to bet on horse racing and harness racing from around the world, around the clock. Bet win, place, or show plus all exotic options like Superfecta, Pick 5, and Parlays. Even better, you can watch races in real-time and get race-result notifications sent to your mobile device.
BetWhale also stands out from the offshore betting site crowd with its native app, something most rival sites do not have. Downloads are available on both iOS and Android mobile devices, and you will get access to all the platform’s great features, including all promotions, even contacting customer support is quick and easy.
Our Verdict: 9.4/10
Pros:
- Mega $1,250 sports welcome bonus for horse racing betting
- Live stream thoroughbred races from around the world
- Native BetWhale app for iOS and Android devices
- Strong range of payment options
Cons:
- High $150 minimum withdrawal
- No regular sports promotions for existing customers
4. Bovada – The Best for Bonuses and Wagering
- Deposit methods: Credit Cards, Cryptocurrencies, Wire Transfer, MatchPay
- License: Curacao e-Gaming Authority
- Top Horse Racing Offer: Horse Racing First Deposit Bonus Up to $750
- Exotic Wagers: Parlay
Of the 29 sports categories available at Bovada, horse racing is one of the most widely covered with some of the best odds available. Here, you’ll find fixed odds and futures odds across a huge selection of Grade 1 contests like Triple Crown races and Breeders’ Cup contests. There’s an excellent live betting feature online too for selected sports.
Bovada does offer streaming of selected races, while the site’s Racebook offers accurate, real-time track odds throughout.
The Bovada welcome bonus also offers exceptional value when betting on horse racing, as this matches your first deposit by 75% up to $750 and carries wagering requirements of just 5x which is low for US sportsbooks and racebooks.
Our Verdict: 9.6/10
Pros:
- A superb range of horse race betting futures
- $750 Welcome Bonus wagering requirements of just 5x
- Excellent help center for customer support
- Live streaming of some races
Cons:
- Limited options for horse racing parlays
5. MyBookie – The Best Horse Racing Betting Odds
- Deposit methods: Credit Cards, Cryptocurrencies, Person 2 Person
- License: Curacao e-Gaming Authority
- Top Horse Racing Offer: 8% Horse Racing Rebate Credited Every Morning
- Exotic Wagers: Exacta, Trifecta, Parlay
Not only does MyBookie cover a huge range of horse races, but this selection also includes both thoroughbred and harness meetings. You’ll also find that the site offers some of the most competitive horse racing betting odds around, and their parlay betting options are one of the best in the industry with bettors being able to place win, place, and show parlays.
While the live streaming platform at MyBookie lacks the depth and coverage of other sites, the site does run a generous horse racing rebate promotion. This offers a regular rebate of up to 8% depending on your betting frequency while qualifying wagers must return at least a $2.20 pari-mutuel or tote return to qualify for the rebate. There are no wagering requirements associated with this promotion either.
Our Verdict: 9.6/10
Pros:
- Highly competitive horse racing betting odds
- Horse racing rebate offer of up to 8%
- An excellent Help Center with How-to Videos
- The best site for Breeders Cup Odds
Cons:
- A shortage of payment options
Is Horse Racing Betting Legal in the US?
While online horse racing betting is legalized across the majority of states, several, including Alaska, Georgia, and Utah, have still to jump on board. However, because the betting sites on this page are classed as ‘Offshore Sportsbooks’, they do not fall under the jurisdiction of US state laws. That means anyone over 21 can access these sites (sometimes via a VPN) and bet on horse racing irrespective of state lines.
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Betting Apps Reviewed6
Key Criteria500+
Research Hours10+
In-House WritersTypes of Horse Racing Bets and Markets
If you’ve ever read a horse racing betting guide, you’ll know that various wager types and markets are available. The horse racing betting system is unique in terms of the number of options available to bettors, including both standard and exotic wagers. Here are some examples:
Standard Wagers
A ‘win’ or ‘moneyline’ bet requires you to pick the winner of a specific race. Depending on the size and quality of the field, this may unlock highly competitive futures odds.
If you make a place bet then your horse will need to finish either in first or second for you to receive a payout. It does not matter if your horse wins or finishes second, you will only receive the place dividend.
If you make a show bet then your horse will need to finish in the first three places. It does not matter if your horse wins or finishes second, you will only receive the show dividend for the third spot.
A slightly more complex but popular wager, this sees you place bets on a horse to win, place, and show in a single race. If your runner finishes first, you’ll win all three bets and an exceptional payout. A second-place finish will see the place and show bets payout while finishing third will secure a reduced show bet payout.
Exotic Wagers
Betting on horses also unlocks so-called “exotic wagers”, which can prove highly valuable for experienced bettors or those who know how to read form. Here are some of the most popular exotic bets:
An exacta bet requires picking the runners that will finish first and second (in order) in a specific race. If you want to pick more than two horses to finish in the first two places, in any order, you can place a Box Exacta. The total stake for a Box Exacta is determined by the number of selections and combinations. There are six possible combinations if you go with three horses, so your bet would cost a 6x unit stake. There are 12 possible Box Exacta combinations from a four-horse wager, making the total cost of the bet 12x unit stake.
A quinella bet is similar, but you don’t need to predict the order, while it also asks you to pick the top two finishers in the race. So, it offers a far greater chance of winning but at less enticing odds.
Trifectas are one of the most popular wagers on big races because it’s a bet that can yield substantial returns. You need to pick the first three home and the dividends are determined by the odds of the runners that fill those places. The bigger the odds of each horse to finish in the first three, the bigger the overall returns.
The three selections of a Trifecta bet must finish in the correct order for the bet to land. If you want to combine multiple selections to fill the first three places, in any order, you can place a Box Trifecta, which works in the same way as a Box Exacta, only the number of combinations increases. A three-selection Box Trifecta would cost 6x unit stake, while there are 24 possible Box Trifecta combinations from a four-horse wager, making the total cost of the bet 24x unit stake.
A Superfecta is one of the more challenging horse racing bets, requiring you to predict the first four finishes in a race. Moreover, you’ll have to get the order exactly right so it can unlock potentially huge returns and requires significant knowledge of the horse’s form.
Super High Five – This is an extension of the Superfecta, as it asks you to predict the runners that will finish first, second, third, fourth, and fifth in a race. Once again, you’ll have to get the order in which they’ll finish right.
We’ve already touched on the ‘Daily Double’, an online and parimutuel wager type requiring you to pick the runners of two different races. This will be from selected races by the betting site, while some may allow you to pick three, four, five, or more winners at extended odds.
Horse Racing Betting Track Categories – Maximum Payout Comparison
The best online sportsbooks or racebooks will have maximum payouts for the various categories of racetracks. As an example, a track like Churchill Downs which hosts the Kentucky Derby each year is a Category A track, while a provincial track like Fort Erie would be a Category C track.
Let’s look at how each of our top 10 racebooks compare for maximum payouts. This can play a part in deciding which horse racing betting site to join.
| Rank | Racebook | Category A | Category B | Category C |
|---|---|---|---|---|
| #1 | BetOnline | $100,000 | $25,000 | $15,000 |
| #2 | Bovada | $30,000 | $15,000 | $10,000 |
| #3 | BetWhale | N/A | N/A | N/A |
| #4 | BetNow | $30,000 | $15,000 | $10,000 |
| #5 | Everygame | N/A | N/A | N/A |
| #6 | MyBookie | $40,000 | $15,000 | $5,000 |
| #7 | CoinPoker | N/A | N/A | N/A |
| #8 | BetUS | $40,000 | $20,000 | $10,000 |
| #9 | SportsBetting.ag* | $50,000 | $25,000 | $15,000 |
| #10 | XBet | $20,000 | $15,000 | $5,000 |
* Sportsbetting.ag has a maximum payout limit of $100,000 on the Breeders Cup, Triple Crown, and selected Grade 1 races in the US and from international tracks.
Our Top Horse Racing Betting Tips
While understanding the available wagers and bonuses is one thing, it can be hard to bet successfully and make the most of your bankroll. So, we’ve prepared some expert betting tips to help you on your way!
- The Formbook Rules – Understanding form is key, but knowing which factors matter most is crucial for success. Horses perform best under specific conditions—trip, ground, pace, or season. Bet when they match their optimal setup.
- Use Speed Figures – The uniformity of US racing (oval, left-handed tracks) increases the value of speed figures. Speed figures are widely available and are often used by pro backers to guide their racing bets.
- Work on Understanding Value – You won’t win long term if you are a great judge but take poor-value prices. To be good at this you ideally need to be able to price up a race yourself. That way, you will be able to see when the books have made an error with a price.
- Understand the Bet Types – As you’ve seen, many markets and wager types are available when betting on horses. However, it’s important to understand different types of bets before you wager your hard-earned cash. You’ll need to select options that suit your knowledge base and underlying appetite for risk.
- Drifters Don’t Always Lose – It’s often very difficult to work out why a horse’s odds are being pushed out. However, there will be many occasions where this is simply a counterbalance to heavy support for a rival. Don’t just assume that because a horse is drifting, it isn’t fancied.
- Don’t Chase Losses – Disciplined bankroll management is key in horse racing betting. More specifically, you’ll need to ensure that you wager an amount you can comfortably afford to lose within a specific timeframe. It’s important not to chase losses by betting more aggressively or outside of your means.
Gavin BeechiGaming Expert
The Biggest Races in the United States
Most Americans are familiar with the so-called “Triple Crown” in horse racing, which includes the Kentucky Derby, Preakness, and the Belmont Stakes. But are there any other iconic races you can wager on in North America? Here are our top 10. We’ll focus on the Breeders’ Cup further down the page.
| Race | Track | Month | Distance (furlongs) | 2024 Purse | 2024 Winner |
|---|---|---|---|---|---|
| Kentucky Derby | Churchill Downs | May | 10f | $5m | Mystik Dan |
| Preakness Stakes | Pimlico | May | 9.5f | $2m | Seize The Grey |
| Belmont Stakes | Belmont Park | June | 12f | $2m | Dornoch |
| Haskell Stakes | Monmouth Park | August | 9f | $1m | Dornoch |
| Florida Derby | Gulfstream Park | March | 9f | $1m | Fierceness |
| Santa Anita Derby | Santa Anita Park | April | 9f | $750,000 | Stronghold |
| New York Stakes | Saratoga | June | 10f | $750,000 | Didia |
| Manhattan Stakes | Saratoga | June | 10f | $1m | Measured Time |
| Haskell Stakes | Monmouth Park | July | 9f | $1m | Dornoch |
| Whitney Stakes | Saratoga | July | 9f | $1m | Arthur’s Ride |
Breeders’ Cup Races
The Breeders’ Cup is a major international horse racing betting event that takes place stateside every year. Spread across two days (always Friday and Saturday), it’s one of the richest sporting events in the world, with over $34 million paid out in prize money in 2024.
With so much prestige and prize money on offer, it should come as no surprise that the event attracts equine stars from around the globe. Some race fans call it the Olympics of horse racing. In 2025, the surf meets the turf because the Breeders’ Cup takes place at Del Mar racetrack, which is in the stunning beach city of San Diego, California.
These are the 14 Grade 1 races that take place at the Breeders’ Cup.
Friday
- Breeders’ Cup Juvenile Turf Sprint (5f)
- Breeders’ Cup Juvenile Fillies’ Turf (8f)
- Breeders’ Cup Juvenile Fillies (8.5f)
- Breeders’ Cup Juvenile (8.5f)
- Breeders’ Cup Juvenile Turf (8.5f)
Saturday
- Breeders’ Cup Turf Sprint (5f)
- Breeders’ Cup Turf (12f)
- Breeders’ Cup Sprint (6f)
- Breeders’ Cup Mile (8f)
- Breeders’ Cup Filly & Mare Turf (10.5f)
- Breeders’ Cup Filly & Mare Sprint (7f)
- Breeders’ Cup Distaff (9f)
- Breeders’ Cup Classic (10f)
- Breeders’ Cup Dirt Mile (8f)
Horse Racing Racebook Odds
Horse racing odds can be viewed in a variety of formats but traditional American odds are the most popular. If you want to switch to fractional (British) or decimal (European) formats, then you can do this via the settings panel on any of the offshore sportsbooks on this page. Formatting aside, the one key difference is that decimal odds include a 1.0 stake return, so 8.0 decimal odds would be the equivalent of +700 US odds.
To highlight the difference in formats, the below table lists the current odds of the first six horses in 2025 Kentucky Derby futures betting in different odds formats. *Odds taken from Bovada
| Horse | American Odds | Fractional Odds | Decimal Odds |
|---|---|---|---|
| Barnes | +1000 | 10-1 | 11.0 |
| Citizen Bull | +1000 | 10-1 | 11.0 |
| Patch Adams | +1400 | 14-1 | 15.0 |
| Rated By Merit | +1600 | 16-1 | 17.0 |
| Disco Time | +2000 | 20-1 | 21.0 |
| East Avenue | +2000 | 20-1 | 21.0 |
Horse Racing Betting Apps
Typically, the majority of offshore sportsbooks are optimized for mobile betting and not via a native mobile app. However, this is no bad thing because mobile racebooks have all the great features that you might find on an app or a desktop site. This includes access to offers and promos, live odds, and live race streaming. You’ll be able to bet on regular win, place, and show odds. You’ll also have full access to whatever exotic wagers are normally available on that site.
When it comes to our favorite racebooks for mobile users, we love BetOnline, BetWhale, and Bovada.
Horse Racing Betting Offers
There are some great horse racing offers and promotions available at the offshore sites on this page and we don’t just mean welcome bonuses. Sportsbook welcome bonuses are a great way to boost your initial bank but odds boosts can help boost winnings. More importantly, racing rebate promotions can help insure against losses.
Here are our top three horse racing rebate offers:
- BetNow – 10% Racing Rebate Direct to Your Account Weekly
- BetOnline – 9% Rebate on Horse Racing Wagers
- MyBookie – 8% Horse Racing Rebate Credited Every Morning
How to Sign Up for a Horse Racing Betting Account
If you decide to wager online, you must know how to register at your chosen horse racing betting site. While this process varies slightly from site to site, it’s usually relatively straightforward, so here’s a step-by-step guide using BetOnline as an example to help you get started!
Step 1: Choose Your Online Horse Racing Betting Site
Click through to the URL of your chosen horse racing betting site and hit the signup button. This may be titled ‘Join Now’ or ‘Register’, which is usually located in the top right-hand corner of the homepage.Step 2: Register for Your Horse Race Betting Account
At this stage, you’ll have to enter a name or unique username while also entering a secure password and email address.Step 3: Make Your First Deposit
Once you have registered you will receive an email to confirm your account. Click the link to confirm and you’ll then be able to log in and make your first deposit and claim your bonus.Step 4: Start Betting on the Ponies
You are now good to go and can start placing your favorite horse racing bets and wagers.
The Best Horse Racing Betting Site
Horse racing betting remains incredibly popular in the US. Several domestic and international events offer access to a huge range of betting markets. In states that haven’t officially legalized horse racing betting, you can usually wager at licensed offshore sportsbooks. That includes those recommended in this guide!
Our pick as the best horse racing betting site is BetOnline. This site offers a superb all-round experience and excellent race coverage. We particularly like the increased track max payouts, daily 5% rebate for telephone customers, and the match bet feature which enables you to bet one horse to beat another.
Sign up To Claim 50% Welcome Bonus Up To $250 + 100 Free Spins
- Official betting partner of La Liga, Golden Boy, and the LFA, offering Pick'em and Survivor
- The earliest moneylines, with access to odds before events commence
- Cutting-edge live in-play sportsbook, with multi-view options
Responsible Betting
Like any form of sports wagering, horse racing betting can be incredibly risky and challenging. This is why it’s important to practice responsible gambling at all times, whether you consider your bankroll management or your approach to dealing with losses.
Remember, if you do start to gamble outside of your means or spot signs of problem behavior, there are resources you can lean on for help.
