Best Horse Racing Betting Sites for March 2024

Horse Race Betting

Written By: Dean Carr | Fact Checked By: Sarah Lunness

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Are you a fan of horse racing? Are you also interested in placing bets on your favorite horse races? Look no further because this article will discuss the best betting sites for horse racing in the US. We will dive deep into the six best sites, what they offer, how to take advantage of the fantastic bonuses, and much more! Make sure to keep reading to find out more!

List of The Best 5 Horse Racing Betting Sites:

1. FanDuel

FanDuel Horse Racing

Starting off our list is none other than FanDuel. Founded in 2009, FanDuel has become one of the best and most popular betting sites in the US. Customers are greeted with an exceptional welcome offer, a brilliant selection of horse racing betting markets, and much more! Make sure to read on to find out more about this brilliant site. 

Range of Horse Racing Markets - 4.9/5

One crucial aspect of creating a high-quality betting site for horse racing fans is including an ample selection of horse racing betting markets. This is precisely what FanDuel provided its customers. Whether players want to bet on some of the biggest races in the world, like Cheltenham and Royal Ascot, all the way to the Kentucky Derby and the Preakness Stakes, they're bound to find something to sink their teeth into. 

Bonuses and Promotions - 5/5

The range of bonuses and promotions offered to new and existing customers on the FanDuel site are exceptionally high quality. New customers signing up to the site for the first time will receive a welcome bonus of $150 when they bet $5! No bonus code is required to qualify for this deal either; simply sign up and enjoy one of the best sportsbook promos around!

Payment Options and Payout Speed - 4.8/5

Players will always want their winnings to be transferred as quickly as possible. Players lucky enough to be paid out as a winner on the FanDuel site can expect their winnings to be withdrawn in as little as one hour. However, in some cases, it can take up to five business days to process, depending on different factors.

Overall - 4.9/5

Our experts believe FanDuel is one of the best horse racing betting sites. And we cannot help but agree! The welcome bonus offered to new customers is among the most generous. Players will have plenty of markets to choose from when betting, and players can expect speedy withdrawals. Click the link provided to get started!

States FanDuel Is Legal In

FanDuel is legal in: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

2. DraftKings

DraftKing Horse Racing 

Next up, we have DraftKings. Founded in 2012, DraftKings has become one of the US’s most famous betting brands, especially in horse racing. Our research has led us to believe that DraftKings is among the best in the US, so read on to learn more about this exceptional brand. 

Range of Horse Racing Markets - 4.9/5

Players looking for a site that offers a comprehensive range of race meetings should look no further than DraftKings. DraftKings offers all its customers an extensive range of horse racing meetings from events worldwide. Players will undoubtedly find something to enjoy, from Royal Ascot to the Kentucky Derby and everything in between. 

Bonuses and Promotions - 5/5

New players signing up for the DraftKings site for the first time will receive a welcome bonus of up to $1,200 in bonuses. Players in MA will receive a $200 bonus when they bet $5 upon registering. No promo code is required to be eligible for this superb offer either; simply click the link, create an account, and get started today! 

Payment Options and Payout Speed - 4.8/5

Players want to feel safe and secure when making transactions online, especially on gambling sites. This is why providing customers with an ample selection of tried, tested, and trusted payment methods is crucial. DraftKings lets players deposit money into their accounts via PayPal, Venmo, Wire Transfer, and other trusted methods. 

Overall - 4.9/5

Our team of experts has put hours of research into finding you the top horse racing betting sites. DraftKings is certainly one such site. Players are bound to be impressed with the generous welcome offer, the horse racing meeting coverage, and the helpful range of copayment methods. Click the link provided to get started today. 

States DraftKings Is Legal In

DraftKings Sportsbook is legal in: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

3. bet365

Bet 365 Horse racing

bet365 is next on our list. With over 90 million users worldwide, it's no surprise that bet365 is on our list. Founded in 2000, the site has over 20 years' worth of experience in creating a great user experience and making countless customers happy. Make sure to read on to learn more about this top betting brand, which is one of the best new betting sites in the US. 

Range of Horse Racing Markets - 4.8/5

All of the major horse racing meetings in the world are included on the bet365 site. From the famous British meetings like Royal Ascot, Cheltenham, and the Grand National, and the US meetings like the Kentucky Derby, all these and more are included and available for players to wager on!

Bonuses and Promotions - 5/5

All new players signing up for the bet365 site for the first time will instantly be greeted by a welcome bonus of either bet $1, gets $150 in bonus bets or a $1,000 first bet safety net. This exceptional offer is free to claim and requires no promo code. Existing customers fear not! bet365 regularly offers high-quality promotions to be taken advantage of during a major racing event.

Payment Options and Payout Speed - 4.9/5

Players looking for speedy withdrawals look no further! bet365 offers all players many payment methods, all offering swift withdrawals. Whether players wish to use PayPal, PayNearMe, Visa, or MasterCard can do so on the bet365 site. Players can also expect to withdraw their winnings in at least one hour!  

Overall - 4.9/5

Overall, we believe that bet365 is one of the best options for those looking to sign up for a betting site to bet on horses. Players can enjoy a brilliant welcome offer, a vast range of horse racing markets, and safe and secure payment options. We also believe bet365 boasts on of the best horse racing betting apps in the US. Click the link provided to be taken to the sign-up page.

States bet365 Is Legal In

bet365 is legal in: Colorado, Iowa, New Jersey, Ohio, and Virginia. 

4. BetMGM

BetMGM Horse Racing

Founded in 2018, BetMGM has quickly become a front-runner in the online gambling. Despite the site’s infancy, many unique features are available to all new and existing customers, including one of the best sports betting apps for horse racing. Keep reading to learn more about this exceptional site and what it offers. 

Range of Horse Racing Markets - 4.8/5

Horse racing fans will always look for a site that offers the best coverage of race meetings to keep up with all the action from around the globe. This is exactly what BetMGM has provided its customers. A comprehensive range of major race meetings worldwide can be found on the BetMGM site. Along with fantastic betting options, such as first past the post and extra place bets. 

Bonuses and Promotions - 4.9/5

Customers who sign up for the BetMGM site for the very first time will receive a welcome offer of up to $1,500 paid back in bonus bets. Players based in NV will receive a $10 bonus. Unfortunately, DC, MS, and NY players don't receive a welcome bonus. However, these users can still enjoy all of the brilliant features on offer on the BetMGM site. 

Payment Options and Payout Speed - 4.8/5

There is an extensive range of brilliant payment options available to choose from on the BetMGM site. This will make customers feel safe and secure when making transactions online. These payment methods include PayPal, MasterCard, Visa, and many more! 

Overall - 4.8/5

Overall, we believe customers looking for a high-quality betting experience on one of the US’s most popular betting sites look no further than BetMGM. It should be no surprise to experienced punters that BetMGM has made its way onto our list of the top horse racing betting sites. If you want to sign up for BetMGM, click the link provided to be taken to the account creation screen. 

States BetMGM Is Legal In

BetMGM is legal in: Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, Nevada, Ohio, Pennsylvania, Puerto Rico, Tennessee, Virginia, West Virginia, and Wyoming.  

5. Caesars Sportsbook

Caesars Horse Racing

Our penultimate site on our list is none other than Caesars Sportsbook. Caesars is, of course, one of the most instantly recognizable betting brands in the entire world, let alone the US. Read on to learn more about this brilliant betting brand. 

Range of Horse Racing Markets - 4.8/5

Players are bound to be impressed with the coverage of horse racing events on the Caesars Sportsbook site. With events like Cheltenham, Royal Ascot, and the Kentucky Derby all fully covered, along with countless more, players will be spoilt for choice. 

Bonuses and Promotions - 4.9/5

When players sign up for the first time on the Caesars Sportsbook site, they are instantly greeted with a bonus where players can place a first-bet of up to $1,000, and if it loses, they get 100% of their money back as a bonus bet. 

Payment Options and Payout Speed - 4.8/5

Players will also be greeted with an exceptional range of payment options with speedy withdrawal options. Players can choose from methods such as PayPal, Visa, MasterCard, and many more! Those who wish to withdraw their winnings quickly can do so in as little as one hour. However, in some cases, this can take up to five business days.

Overall - 4.8/5

Overall, Caesars Sportsbook deserves its place on this list. Players are bound to be pleased with the quality of the welcome offer, the range of races included, and the range of payment methods. If you wish to participate in this fantastic site, click the link provided to be taken to the sign-up page and get started.

States Caesars Sportsbook Is Legal In

Caesars Sportsbook is legal in: Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, Nevada, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

How We Selected The Best Betting Sites For Horse Racing

This next section will discuss our process of choosing which sites make it onto our list of the best horse racing betting sites. We set out five criteria each site must meet to be considered for a spot on this list. If this is something you wish to learn more about when betting on horse racing, continue on. 

Sign Up-Bonus

First of all, we assess the quality of the welcome bonus. A welcome bonus on a betting site acts as an advertisement. The better the offer, the more likely people want to sign up and take advantage of the offer and the other features the site offers. All sites in this article provide exceptionally high-quality welcome offers that are free to claim. Simply click the link of your chosen site, create an account, enter a promo code if required, and take advantage of the brilliant welcome bonuses on offer.

Competitive Odds

Next, we assess whether the site offers sufficiently competitive odds regarding horse racing. No one will want to sign up for a site that does not offer competitive odds. For example, if a site offers odds on a race of 4/1, and another site offers the same selection, but at 6/1, there is only one place that players will go. It’s a no-brainer!

Horse Racing Bet Types

Then, we assess whether the site offers customers a good range of betting options. Thankfully, each site featured in this article offers their customers a brilliant range of betting options. This allows players to bet their way. This goes a long way to creating a positive user experience and creating a high-quality betting app. 

Deposit and Withdrawal Options

The fourth thing we assess is the quality of the deposit and withdrawal options. Having safe and secure payment methods is necessary for the best horse racing betting sites. Players want to feel their funds are safe and secure when betting online. This is easily catered to by providing an ample selection of tried, tested, and, most importantly, trusted payment methods. All featured sites in this article have done exactly that. 

Horse Racing Coverage

We then assess whether the site has suitable coverage of races. After all, there would be little point in including a site on our list if the selection of races was poor. Therefore, we only recommend the sites that offer the most vast range of races from across the globe. This is one of the best ways to provide customers with a positive experience when using the site. 

Horse Racing Betting Explained

In this next section, we will be discussing the different types of horse racing betting options. This is for those who are less familiar with the terminology used on these sites. Therefore, make sure to keep reading so that when it comes to placing your first bet, you're 100% clued up. 

Win

Starting off with a simple one. This simply means you're betting on a horse to win a race. It is also possible to bet on multiple horses to win. A $2 minimum bet is usually required, so read the T&Cs before betting. 

Place

To be paid out as a winner of a place bet, you must correctly guess a horse to finish within the top two. The payout will be the same regardless of where the horse finishes as long as it's in the top two. 

Show

A show bet is similar to a place bet in that regardless of where the horse finishes, the payout will remain the same. However, it is required to finish within the top three instead of the top two. 

Across the Board

This term is used when betting on Win, Place, and Show on one horse. This is when a player places three separate bets. For example, a $2 across the board will be $6. 

Exacta

This is essentially when a player guesses the order of the top two horses in a specific race. 

Quinella

A quinella bet is when a player guesses the top two horses in a race. However, it doesn't need to be in order like in an exacta. 

Trifecta

A trifecta bet is the same as an exacta, except guessing the top two horses correctly in order; players must guess the first three horses correctly in order. 

Superfecta

One further, a superfecta is when a player guesses the first four places in order correctly. 

Daily Double

Simply put, this is when a player guesses the winner of two consecutive races. This bet must be placed before the start of the first race. 

Gamble Responsibly

If you or someone you know has a gambling problem and wants help, call or visit the Council on Compulsive Gambling:

  • Gamblers Anonymous at 855-2-Call GA or www.gamblersanonymous.org

  • CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV or WY - Call 1-800-GAMBLER

  • AZ- Call 1-800-NEXT-STEP

  • IA - Call 1-800-BETS-OFF

  • KS, NV - Call 1-800-522-4700

  • MI - Call 1-800-270-7117 for confidential help

  • MA - Call 1-800-327-5050

  • NY- Call 877-8-HOPENY or text HOPENY (467369)

FAQs

Are horse racing betting sites legal in the US?

Of course, most states in the US allow betting on horse racing. 

What is the legal age to bet on horse racing?

In general, for betting upon horses, a person must be at least eighteen years old. However, they have to be 21 in Texas, Arizona, Iowa, and Nevada.

Is horse racing betting legal in states that don’t have race tracks?

Horse racing betting is legal, even in states with no race tracks. 

What are the best horse racing betting sites?

Our expert team has identified the following sportsbooks as the best horse racing betting sites in the US: FanDuel, DraftKings, bet365, BetMGM, Caesars Sportsbook and BetRivers.

Are sign-up bonuses available at horse racing betting sites?

When a new customer signs up for the first time, all of the horse racing betting sites listed in this article give generous and worthwhile welcome bonuses that they may claim for free.

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