Best Horse Betting Sites For US Players
Looking for the best horse betting sites for USA Players? Do you need to know about how you can legally bet on racing events around the country? Then look no further because USAOnlineSportsbooks.com has all of that information for you. Not only will you learn about the laws that make horse racing betting legal within the United States at both land-based and online venues, you’ll also learn about the best sites to place those wagers.
We recommend online racebooks for US bettors no matter what state they live in. This is because they are so convenient – you can bet on all of the major horse racing events all over the world right from the comfort of your own home. Certain horse betting sites for USA players even have mobile apps, so you can take your betting with you. Want to know how to find these sites and which ones are legal to use? We answer all of those questions right here.
We’ll also provide information on how you can bet on major races in the United States like the Kentucky Derby. Not everyone is born an expert horse bettor, but after you learn the basics it’s incredibly easy to pick up. We include popular wager types and their explanations in addition to a betting guide. Here, you can learn the importance of morning line odds, how to time your wagers to take advantage of the best payouts, and how to determine which horse has the best chance to win. This is so much more than a page dedicated to horse betting sites for USA players. You’ll learn everything you need right here.
2021 Triple Crown Betting
For those who are unaware, the Triple Crown is the combination of the three most important and biggest races of the year. The Kentucky Derby is probably the most famous of the three, but the Belmont Stakes and the Preakness Stakes are equally important. Winning all three of these events is referred to as winning the Triple Crown. Thirteen horses have ever won the Triple Crown, and only two have won in the last 40 years – American Pharoah in 2015 and Justify in 2018.
The 2020 Triple Crown season was incredibly odd. To begin with, the COVID-19 pandemic began in earnest around the time that would normally be leading up to the Kentucky Derby. Given this, the Derby was postponed, and a few weeks later, so was the Preakness Stakes. The Kentucky Derby was set for September, while the Preakness Stakes was set for October. The Belmont Stakes, normally the last of the Triple Crown races, was only delayed a few weeks from its traditional start time. This situation changed the order in which the races took place. In 2020, the Belmont Stakes was the first of the Triple Crown races, while the Preakness and Derby are going to happen later. The Belmont Stakes was won by Triple Crown favorite Tiz The Law. Here’s what the odds looked like at the time for whether or not there would be a Triple Crown winner.
Will There Be A US Triple Crown Winner In 2021?
- No -450
- Yes +350
Unfortunately, Tiz The Law did not manage to pull it out, and three different horses won each of the Triple Crown races in 2020. Going into 2021, there are no incredible runaway favorites, and the field seems fairly open as of right now.
2021 Kentucky Derby Betting Guide
As the most famous horse race on the planet, the Kentucky Derby takes place at the world-renowned Churchill Downs in Louisville, KY. Known as “The Run for the Roses,” the Derby is a 1 1/4-mile dirt-track race with a maximum field of 20 horses. Authentic won the Kentucky Derby in 2020, and Tiz The Law was thus eliminated from Triple Crown contention. In 2021, the Derby will be the first of the Triple Crown races once again, expected to begin on Friday, April 30th, with the race itself on Saturday, May 1st. The Derby will kick off Triple Crown season, and hopefully will mark the beginning of something of a return to normalcy as vaccine distribution ramps up.
2021 Preakness Stakes Betting Guide
The Preakness Stakes will be held at it’s normal time in 2021, COVID permitting. The potential rollout of vaccines in 2021 is a big help in making sure that the Preakness and the other Triple Crown races take place on time. The Preakness Stakes is the second of the Triple Crown races, and is held at Pimlico Racecourse in Baltimore, Maryland. The Preakness was the first of the Triple Crown races in 2020 due to cancellations, but it will be back at its normally scheduled position as the second of the races in 2021. The Preakness Stakes is currently scheduled for May 15th, 2021.
2021 Belmont Stakes Betting Guide
As the last jewel of the US Triple Crown, the Belmont Stakes normally considered to be the most grueling and difficult of the three marquee races, which is why it’s commonly called “The Test of the Champion” in horseplayer circles. The Belmont Stakes in 2020, however, was the first of the triple crown races due to the first two legs being postponed until the fall. The Belmont is normally a 1.5 mile race, but 2020’s edition was a 1.125 mile race. The winner of the Belmont Stakes in 2020 was Tiz The Law, who made a push for the Triple Crown but was denied at the Kentucky Derby by Authentic, and subsequently sat out the Preakness Stakes. In 2021, it will once again be the final Triple Crown race, and feature a 1.5 mile length. In 2021, the Belmont Stakes will be run on June 5th, more than 20 days after the Preakness Stakes.
Can I Bet Horses Online Legally?
Yes, you can bet on horses online legally. Horse racing betting is one of the oldest and most widely accepted forms of betting in the United States. When you look at horse racing betting at a federal level, there aren’t any laws that prevent US residents from betting on races. The only federal horse racing law is the 1978 Interstate Horseracing Act. This law doesn’t have anything to do with betting, though. It just enabled the host track to choose which tracks are able to simulcast their races.
State level horse racing betting laws may have been passed in your state. If this is the case, you can still legally wager on your favorite horse races, so long as you use an online racebook. These sites allow anyone in any state to place wagers legally. They are able to do this because they are regulated by other countries. This way, states don’t have authority over them. There are no state laws that ban the use of online, offshore racebooks. So when you bet horses online, you’re doing so legally.
Kentucky Derby Betting Rules
Kentucky Derby betting rules are pretty much the same as everywhere else. Regardless of if you’re using an online or land-based racebook to bet on the Kentucky Derby, there are certain betting rules you need to follow. The main one you need to keep in mind is that betting windows close a few minutes before the race begins. Final odds are calculated, posted, and as soon as the window is closed you won’t be able to place any more bets.
It is also important to remember that different racebooks will have different bet limits for certain wager types. Most tracks set their minimum bet amount to $1 or $2, but there is also a ceiling that each racebook will set. The average for an online racebook is to have a max net profit per race of about $20,000 - $25,000. You’ll see higher and lower bet limits than that, but this is the average. Racebooks set these limits at their discretion, and are subject to change.
Types Of Online Horse Racing Bets Available
There are a number of online horse racing bets available to bettors all around the world. The most common, however, are listed below with examples. You’ll also be able to find multi-race wagers at online horse racing sites, like daily doubles and pick six’s, which have bettors choosing the winner of a number of consecutive races. The wager types listed below, as well as other popular wager types, can all be found at the best horse betting sites for USA players.
Win – Win bets are wagers placed on a single horse to win the race outright.
Place – Place bets allow you to bet on one horse to finish in either first or second place. So long as the horse you picked is one of the first two to cross the finish line, your ticket is a success.
Show – Show bets take it a step further than place bets. You choose a single horse to bet on, and as long as it comes in first, second, or third, your ticket can be cashed in.
Across the Board (Win, Place & Show) – Across the board allows you to place even money on all three finishing positions – win, place, and show. The way it works is you choose one horse. If that horse wins, you collect on all three wagers. If that horse comes in second, you collect the place and show payouts. If the horse comes in third place, you win the payout for a show bet. The important thing to remember about across the board is that it’s even money on each position. So a $5 across the board bet will have you putting $15 down.
Exacta – An exacta is an exotic wager. You choose two horses to finish in first and second place. To win an exacta you must pick the horses in the correct order.
Exacta Box – An exacta box reduces the risk of an exacta, kind of like teasers on spreads. When you box an exacta bet, you’re not just choosing two horses. You can choose three or even four horses that you think will come in first and second. It doesn’t matter which horse finishes second and which finishes first. When you choose a box with three horses, there are a possible six finishing combinations that could happen; when you box the bet, you put even money on each possible combo (i.e. a $2 exacta box is $12 total). As long as two of the horses you choose finish in first or second, your bet wins.
Trifecta – Trifecta bets take it a step further from exactas, requiring the bettor to name the exact finishing order of the first three horses.
Trifecta Box – Trifecta boxes work in a similar way to an exacta box. You can choose three or four horses to include in your box bet, and the book will calculate every possible combination to cover. The more horses you choose to put in your box, the more expensive the wager becomes. Based on a basic $2 bet, a three horse trifecta box is $12, but a 5 horse trifecta box is $120.
Superfecta – The Superfecta requires a bettor to correctly predict the exact finishing order of the first, second, third, and fourth place horses.
Superfecta Box – By now, you probably have a handle on how boxes work, but we’ll go over it again just for fun. A Superfecta box takes all of the possible combinations of the number of horses you choose to bet on. As long as one of those combinations occurs, your ticket is a success. This is a rare bet for someone to make but it does happen. You can choose four or five horses to bet on for your Superfecta box.
What Are The Best Horse Betting Sites For US Players?
Finding the best horse racing betting websites for US players can be a hard thing to do, but we are here to help. Look, we all bet on everything here at USAOnlineSportsbooks. Because of that experience, we know where to go when you want to bet on horse racing, because we bet there too. One thing to keep in mind with horse racing betting specifically is that in order for a horse racing site to be a good one, it needs to cover all of the races in the world, not just the big ones. There are only a few big races, but most good racebooks will have odds on races from around the world on a daily basis. We've constructed a list, complete with reviews, of several of the best sites you can use if you are a US sports bettor trying to bet on horse racing.
Best Racebooks For Online Horse Betting
Bovada Racebook - Legal Kentucky Derby Betting – Bovada is an online racebook owned by the Mohawk Morris Gaming Group. This business is known for having some of the best online gambling sites, and their racebook is no exception. Here, you’ll be able to legally bet on any and every race in the United States, including the Kentucky Derby. Bovada has lines up right now on the projected winner, and as the race draws near, Bovada will have betting odds on every single aspect of the race.
You won’t find a larger selection of exotic wagers or earlier betting lines. Bovada is always the first on the scene when it comes to betting lines. If you’re new to betting on horses, head over to their FAQ section. They answer every question you’ve ever had while explaining bet types and wager limits in a clear and concise manner. Bovada is the ideal online racebook for anyone looking for legal Kentucky Derby betting.
BetOnline Racebook - Accepts Horse Racing Bettors From All 50 States – It doesn’t matter if you live in Alaska or Hawaii, whether you’re right there in Kentucky or down south in Florida. BetOnline Racebook accepts bettors from all 50 states. No matter where you are you can legally bet on the Kentucky Derby and other major American thoroughbred races at BetOnline. This racebook makes signing up incredibly simple. Just follow a few basic steps and within minutes you’ll be ready to start betting on all of your favorite events.
When you use BetOnline racebook, you become eligible for their daily horse racing rebate. That means that every single day you place a wager on a horse race, you can earn up to 7% back. If you use the phone to place your bets, it's 4% back, 7% if you use the computer. This horse racing rebate doesn’t have a limit on how much you can earn back, and you don’t have to bet a certain amount before you start earning the rebate. BetOnline is the perfect online racebook for US bettors.
SportsBetting Racebook - Mobile Kentucky Derby Betting – If you’re always on the go and don’t know if you’ll have time to bet on the Kentucky Derby even if you did use an online racebook, then you need to check out SportsBetting.ag. This racebook has the absolute best mobile betting site for horse racing enthusiasts who are always on the go. Unlike other mobile apps that cut back on features so that they can have an app, SportsBetting actually created a mobile site that is accessible through your mobile device’s browser.
Being a browser-based site instead of an app, you get access to everything you would on the computer. So everything you need for Kentucky Derby betting can be done while you’re out from your smartphone or tablet. Heck, even if you just prefer your phone to your computer, this mobile site is perfect. You even get your first bet taken care of with their $25 risk-free mobile bet promotion. So even if your first mobile bet is a dud, you get $25 credited right back to your account. What more are you waiting for?
Best Horse Betting Sites That Accept US Players
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|Review||50% New Member Bonus!|
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What Are Morning Line Odds?
Morning line odds are estimated betting odds that are issued the morning of the race. These lines include the entire entry list for the upcoming event, with lines on each. When looking at these lines, it’s important to remember that they are just guesses and that they will more than likely all change before the race takes place. Morning line odds provide the base for which bettors can start wagering.
Why Do The Odds Change Once The Morning Odds Open For Betting?
There are a number of reasons why the odds chance once the morning odds open for betting. Horses could scratch after the morning odds are released. A horse could look skittish prior to the race and bettors might not wager on them even though they have good morning lines. Remember, morning line odds are just guesses by bookmakers and track handicappers. Betting odds are not based on probability so much as they are based on public opinion. So when someone walks in and places a large bet on a longshot first thing in the morning, the oddsmakers are going to take a look at that and move the lines so that they correspond to public opinion. You see, when they do that, not only does it help them continue to make a profit, it also helps other horses become more appealing to bet on. This the morning line odds might not be the lines you end up with a few minutes before the race begins. So if you do your homework and see that a lot of people are missing out on a horse that you think has a great chance to win, you can bet on them when their odds are at the best position for you to receive a great payout. Horse racing betting is very strategic.
Best Ways For Americans To Fund Their RaceBook Account?
American online bettors know that sometimes, depositing money into an account can be a tad frustrating. Credit cards are the most common way for American bettors to fund their racebook accounts, but sometimes, they get declined. This is because banks don’t recognize where the payment is going to, so they shut the transaction down, no questions asked.
This can get annoying and leave you scratching your head trying to figure out how to bet on the races. Using a check or money order is a fine way to fund your account, and many people prefer to send in their payments this way. The downside to using that type of currency is that it can also take a few days to ship and be processed, which doesn’t help you if you want to start wagering right away.
The best way to fund your account without any annoying declined payments or waiting 2-3 business days is to use the digital currency, bitcoin. Bitcoin allows anyone from anywhere in the world to make quick and simple transactions, with virtually no fees. Bitcoin is easy to use at online racebooks because payments don’t have to be approved by a bank and you don’t have to wait for the payment to be shipped. Transactions take minutes at most, and the sportsbook does everything for you. All you need is a bitcoin wallet address and you’re all set.