Best HORSE RACING Betting Sites in 2023

Nothing beats the thrill of placing a bet on the best horse racing sites and watching your horse overtake a rival in the home stretch. However, you probably won’t feel that excitement if you pick a subpar bookie. Therefore, you must choose a reliable one to make the most of your horse racing wagers. Finding these sportsbooks is easier said than done, though.

Fortunately, we can help. We analyze and evaluate horse racing betting sites and feature only those that meet our requirements. These bookies give you all the tools you need for the best horse racing experience.

Our List of Top Sites for Horse Racing Betting

Top horse racing bookmakers offer a fantastic range of events and tons of wagering options. Check out our list of the top horse racing bookies and pick the one you fancy!

Rating: 5 / 5
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Rating: 5 / 5
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Rating: 5 / 5
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Rating: 5 / 5
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Rating: 5 / 5
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Rating: 4.7 / 5
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Rating: 4.6 / 5
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Rating: 5 / 5
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Rating: 5 / 5
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Rating: 4.7 / 5
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Rating: 4.6 / 5
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Rating: 4.7 / 5
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Rating: 4.7 / 5
Highlights:
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  • No deposit bonus of $25 upon signing up
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How We Review and Rank Betting Sites

We analyze and examine horse racing bookmakers from top to bottom. We check all the crucial elements and factors, from the sign-up process to the quality of mobile apps, bonuses, and promos. After our research is complete, we feature top-ranked betting sites. Keep reading to find out more about our evaluation process.

reputation iconScrutinize the Sign-Up Process

We know that bettors have no time to lose. So we only feature horse racing online betting sites that make registration easy. If a bookmaker takes ages to verify our account, we don’t put it on our list.

betting option iconExamine Horse Racing Bonuses

Winning your bet is always fantastic. Consider placing it with a free bet provided by the bookmaker. Our top-rated horse racing sportsbooks offer a variety of betting promotions that are simple to claim and trigger.

licencing iconDig into the Licencing Info

The easiest way to know if a horse racing bookmaker is legitimate is to check if it has a valid license. Still, if it slips your mind, fret not—we have you covered. We check the license information of each bookie and make sure it matches the data the regulator provides.

mobile technology iconCheck the Mobile Betting Experience

Horse racing punters deserve the best mobile betting experience. All our top-ranked horse racing bookies are mobile-friendly. They either have dedicated apps or can be accessed via any mobile browser.

payment iconGo Through the Payment Methods

From debit cards and e-wallets to prepaid vouchers and bank transfers, we make sure you have as many banking options as possible. More payment methods mean more choices, better limits, and faster transactions.

terms iconInspect Privacy & Review Security

All bookmakers should use top-notch encryption technology and have privacy protocols in place. To be on the safe side, we always check both of these things ourselves. All the top-rated bookies we feature safeguard your personal and financial information at all times.

headphones iconContact Customer Support

We settle for nothing less than a round-the-clock service you can reach via several communication channels. These must include live chat, email, on-site forms, and phone support.

How to Bet on Horse Racing

With our short horse racing betting guide, betting on horse racing is super easy. Follow these steps, and you will wager like a seasoned pro in no time:

  1. Choose one of our top-rated horse racing betting sites.
  2. Complete the quick and easy registration process by entering the necessary info when prompted.
  3. See what you need to do to claim the welcome bonus and opt for the promo.
  4. Go to your account, choose your deposit method from the list of payment options, and make your first deposit.
  5. Go to your account, choose your deposit method from the list of payment options, and make your first deposit.
  6. Next, go to the A-Z list of sports and find the horse racing section and an event you want to bet on.
  7. Go to your account, choose your deposit method from the list of payment options, and make your first deposit.
  8. If your bet wins, the winnings will be credited to your sportsbook account.

As you can see, betting on horse racing is pretty straightforward. In fact, if you pick one of our featured sportsbooks, you’ll register an account and place your first bet within minutes, hassle-free.

Types of Horse Racing Bets

When betting on horse racing, you can choose from a fantastic range of standard and exotic bet types. As you might know, with standard bets such as “win, place, and show,” you choose and back only one horse. In contrast, with exotic wagers (exacta, quinella, trifecta, and superfecta), you bet on multiple races or back several horses in a single race. Let’s look at the most popular horse racing bets:

  • Win: A win bet means that your horse has to win.
  • Place: You win if your horse finishes first or second.
  • Show: If your horse finishes first, second, or third, you win.
  • Exacta: You predict the two horses that will finish the race first and second in the correct order.
  • Quinella: You pick the two horses that will finish the race first and second without specifying the order.
  • Trifecta: You pick first, second, and third in the correct order.
  • Superfecta: This is the trickiest bet because you need to pick the four top horses in the exact order they will finish the race.

Learn the Ins and Outs of Horse Racing Odds

When you join an online betting site, you’ll typically see three different ways of displaying betting odds—fractional, decimal, and American. They all give you the same value and potential winnings but come with their own differences. Let’s check them out.

Fractional Odds

Fractional odds represent the relationship between how much you stand to win (the first number) and how much you have to risk to win (the second number). For instance, odds of 4/7 mean you will make $4 if you wager $7.

Decimal Odds

For decimal odds, you multiply your stake by the number shown next to your horse. So, if you wager $5 at odds of 4.00, you’ll win $20, resulting in $15 profit.

American Odds

American odds differ in whether you bet at the price of even money and higher or below even money. Favorites receive negative odds, and underdogs get positive odds. If you bet $100 at +200 odds, you see how much you would win. Negative American odds (-180, for example) show how much to bet to make $100

How to Calculate Horse Racing Odds

Let’s now look at some of the factors horse racing betting sites use to create odds:

  • Past performance: If a horse has been successful at a particular race, you can expect lower odds for future horse racing events.
  • Form and fitness: Horses in great physical shape get lower odds than horses in poorer condition.
  • Weights and ratings: Horses with the best rating carry the heaviest weights so that the odds they get are competitive compared to other runners.
  • Trainer and jockey: High-profile trainers and jockeys can dramatically influence a horse’s odds.
  • Track conditions: Some runners favor a specific track, while others perform poorly in certain track conditions. The odds have to illustrate these differences.
  • Betting market: The number of bets placed on a horse can also influence the odds movement. A heavily backed horse will see a drop in odds.

Strategies for Horse Racing Betting

A tried-and-tested strategy for horse racing betting can go a long way, especially if you want to increase your chances of a positive outcome. Let’s look at some of the strategies you can utilize to improve your chances of winning.

Learn to Handicap Like a Pro

If you want to improve the success of your wagers, going through columns of data and statistics is crucial. Consider race class, number of starts, wins, places, and shows, as well as fitness and past results in similar track circumstances. Finally, check the jockey and trainer’s reputation.

Spend Time to Understand the Odds

Start with the easy things the odds show you and find out which runners are favorites, underdogs, and dark horses. Then look at odds changes to see if the market knows something you don’t.

Grasp How Each Bet Type Works

Before placing a wager, you must know what bet types, such as “win, place, show,” or “trifecta and exacta,” stand for. Fortunately, even if you’re a betting novice, you can quickly learn how horse racing bet types work.

Stay on Top of Your Budget

Always have a betting budget you’ll use to fund your horse racing online betting adventure. Manage your budget carefully and only wager with money you can afford to lose.

Pick In-Form Runners

Before backing a horse, see how it has been performing recently. Horses in good shape are always your best picks, while you might want to reconsider your bet if you’re thinking of backing a horse that’s down on its luck.

Check Out the Family Tree

Look at a sire and dam, as pedigree is paramount in horse racing. You’ll learn all the details about a particular horse, which will help you place a more educated bet.

Now that you know some of the most popular strategies for horse racing betting, why not use them to place a potentially winning bet? The best horse racing betting sites give you all the wagering options and bet offers you need. All you have to do is pick the best bookmaker for horse racing from our list and place a bet.

What Horse Racing Betting Bonuses Can You Claim

The best horse racing betting sites give you enticing horse racing offers. That means the sportsbook gives you bonus funds and horse racing free bets you can use to wager with the bookmaker’s funds and not your own. Let’s learn more about the most lucrative betting bonus offers and horse racing specials.

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FREE BETS

Both established and new horse racing betting sites give you free bets. As the name implies, with a free bet, you wager without spending your own money. Instead, you make your betting selections and use the free bet from the bookmaker.

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MATCHED DEPOSIT OFFERS

When you trigger matched deposit offers, the bookmaker matches your deposit with bonus funds. The horse racing online betting site may give you a 50%, 100%, or 200% matched deposit, funds that you can use together with the money you deposited to wager on anything from real to virtual horse racing events.

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DAILY RACING SPECIALS

A match bonus is a type of bonus where the casino matches the player’s deposit by a certain percentage, up to a maximum amount. For example, a 100% match bonus up to $200 means that if you deposit $200, the casino will match that amount, and you’ll have $400 in your account to play with.

CASHBACK

Many online bookmakers provide cashback promotions for wagers placed on horse races. In the event of a losing wager, online bookmakers offer cashback bonuses as a form of compensation at a specified percentage.

PRICE BOOST OFFERS

With price boosts, the bookmaker gives you better odds than the ones you would get in the regular betting offer. That way, you increase your potential winnings by benefiting from a better price.

We’re always on the lookout for the best casino bonuses, and we update our recommendations regularly to ensure that our readers have access to the most generous and exciting promotions.

In-Play Betting for Horse Racing Events

You can bet on horse racing events after the race has started. That way, you can see how a race is developing and place a more educated bet by wagering on in-play events. The great thing here is that the best horse racing betting sites have a fantastic range of live horse racing betting options. So, you will never be short of options.

Tips for In-Play Horse Racing

  • Analyze data and stats before the race starts to be better prepared.
  • Know which runners are the favorites and which are the underdogs.
  • Be ready to act quickly when placing your live bet.
  • Check the in-play horse racing betting offer to find value while the race is on.
  • Find out which runners start races slowly but often win in the end.

Avoid Making These Mistakes When Live Betting on Horse Racing

One of the mistakes you can make is to act too quickly and place the wrong bet. Similarly, you might be too slow to act and miss out on a winning wager. Another mistake is not doing your homework before the race. For instance, you might think a runner will win because it’s in front.

However, if you’ve done the research, you might have learned that the horse runs out of steam as the race progresses. Doing your homework and knowing when to act is crucial in live horse racing betting.

High-Profile Horse Racing Events That Bettors Love

Horse racing bettors can choose from a fantastic range of horse racing events. Let’s look at the most famous ones.

Kentucky Derby

The Kentucky Derby is a Grade I stakes race for three-year-old thoroughbreds that takes place on the first Saturday in May at Churchill Downs in Louisville, Kentucky.

Royal Ascot

Arguably the biggest flat race in Britain, Royal Ascot is a five-day event that takes place in June at Ascot Racecourse.

Prix de l’Arc de Triomphe

The Prix de l’Arc de Triomphe, held annually at Paris’s Longchamp Racecourse on the first Sunday of October, is a Group I flat event for horses aged three and up.

Melbourne Cup

The Melbourne Cup is so important in Australia that it’s also known as the race that stops the nation. The Group I race for thoroughbreds aged three and over takes place at Flemington Racecourse in Melbourne on the first Tuesday of November.

Dubai World Cup

Since 1996, the Meydan Racecourse in Dubai has hosted the Dubai World, a 2,000-meter horse race. It’s a thoroughbred race operated through the Emirates Racing Authority.

Breeders’ Cup

The Breeders’ Cup is a Grade I race that takes place in a different location in the US each year. The Breeders’ Cup’s 14 races are among the most prestigious in the world.

Epsom Derby

The Epsom Derby is a Group I race for three-year-old horses that is run at Epsom Downs Racecourse on the first Saturday of June.

Preakness Stakes

The Preakness Stakes is a Grade I race run on the third Saturday in May, or Armed Forces Day, at Pimlico Race Course in Baltimore, Maryland. Together with the Kentucky Derby and the Belmont Stakes, it’s part of the Triple Crown.

Belmont Stakes

The Belmont Stakes is the third jewel in the Triple Crown. It takes place on the first or second Saturday in June at Belmont Park in Elmont, New York. The first edition was in 1867, making it the oldest Triple Crown race.

Cheltenham Festival

Famous for the noise the crowd creates, the Cheltenham Festival takes place over four days at Cheltenham Racecourse. In terms of prize money, the event, which features several Grade I races, is only behind the Grand National in the UK.

Japan Cup

The Japan Cup ranks among the most prestigious races in Asia. The 2,400-meter race is run on the last Sunday of November at Tokyo Racecourse for three-year-old horses and over.

Horse Racing Betting FAQ

Yes, it is, but make sure to only join licensed online betting sites, such as those listed here.

The best horse racing betting sites usually offer a wide range of payment methods, such as bank cards, e-wallets, bank transfers, crypto payment options, prepaid cards, pay-by-phone systems, etc.

You sure can. If you are looking for online betting apps for horse racing, check out the mobile-friendly bookies we feature.

You can place standard and exotic horse racing bets. The standard ones include “win, “show,” and “place.” Popular exotic bets include the “exacta,” “trifecta,” “quinella,” etc.

Yes, you can. With multi-race exotic bets, you can bet on the winners of two consecutive races (Daily Double), three straight contests (Pick 3), etc.

Yes. If a race has started, go to the live online betting section for horse racing and pick your in-play bet type.

A horse racing betting calculator helps you determine how much to bet on a horse. It’s particularly useful for exotic bets that involve more combinations.