The Best Online Betting Sites for Horse Racing in 2022

Betting and horse racing have long been closely associated with one another. It is exhilarating to watch races like the Kentucky Derby, Grand National, and Melbourne Cup, but it is much more exciting to have real money bets riding on the outcome of these races.

Because of the proliferation of horse racing betting websites on the internet, placing wagers on horse races is currently more convenient than it has ever been in the past. Bets placed on horses over the internet are relatively easy to place, and they have a number of benefits over the alternatives.

However, it is essential to utilize the appropriate racebooks; for this reason, we strongly advise you to stick to the top horse racing betting websites in accordance with our recommendations.

1. 22Bet

Positives

• Huge range of esports betting markets
• Apps designed specifically for both iOS and Android
• Earn bonuses and rebates even on bets that you lose.

Negatives

• There is no phone support available.

Deposit Methods and Payout Options

• Cards for Credit (1-3 days)
• Skrill (instant)
• Coding in code (instant)

• Bet365

Positives

• Well-known and respected brand in the betting on sports sector
• Quick distribution of the prize money
• Huge choice of sports betting markets
• Support via live chat available around the clock
• A great number of nations with restrictions

Negatives

• Comparatively less promotions offered in comparison to other online sportsbooks

Deposit Methods and Payout Options

• Cards for Credit (1-5 days)
• Bank Wire (2-10 days)
• PayPal (up to 24 hours)

• 20Bet

Positives

• Fast payouts
• Hundreds of sports betting markets
• Functionalities such as a props builder, live streaming, early cashouts, and increased odds of winning

Negatives

• Unobtainable in the United States
• Deposits made using cryptocurrencies do not qualify for bonuses.

Deposit Methods and Payout Options

• Coding in code (up to 24 hours)
• Cards for Credit (up to 7 days)
• Digital wallets (12-24 hours)

• Betway

Positives

• Increased odds and the opportunity to cash out early are both available.
• Stellar esports betting platform
• There is an app that can be downloaded.

Negatives

• High upper restrictions on deposits
• Existing customers have a limited number of bonus option choices.
• The idea of the flex bonus may be difficult for some people to grasp.

Deposit Methods and Payout Options

• Cards for Credit (1-3 days)
• Digital wallets (next day)
• Neosurf (next day)

• 888Sports

Positives

• High trusted betting site
• Live betting available for all major sports
• Many betting offers available for existing customers

Negatives

• Hidden costs on some payout methods
• Places limitations on the maximum bets that winners can make

Deposit Methods and Payout Options

• Cards for Credit (5-6 days)
• Pay with Apple (5-6 days)
• Transfer Via Wire (4-7 days)

When it comes to betting real money over the internet, choose the correct site to do so is, in our opinion, one of the most critical choices you’ll have to make.

The reason for this is that, in many respects, the internet is still an undeveloped frontier. There are some “bad actors,” or operators, in the industry that don’t obey the regulations and take advantage of naive and defenseless bettors.

It’s possible that you may join one of these sites by accident without even realizing it until it’s too late. However, there is a good probability that this won’t take place because you are here, on this website, where we don’t propose anything other than the best online betting sites for horse racing.

Best Horse Racing Betting Sites

• 22Bet Sports
• Bet365
• 20Bet
• Betway
• 888 Sport

The fact that we frequently update it to ensure that it is as accurate as possible at any given moment is one of the things that sets our rankings of the best horse betting sites apart from those of any other organization. We don’t just choose a list of sites at the beginning of the year and then ignore it for the rest of the year.

One of the reasons for this is because we place the highest importance on everyone’s safety. When we review any kind of online gambling site, the first thing we check for is this, and if a site that is presently recommended shows indicators that it is lowering its standards, then we will remove it from our rankings.

Now that we’ve got that out of the way, let’s talk about how we came up with the list of betting sites that we recommend for horse racing.

Regarding Some of the Best sites for Horse Betting

We get it; you have some reservations. You are interested in finding out the basis behind our recommendations. And you are curious as to why you should put your faith in us. We don’t blame you.

If you wish to bet on horses through the internet, we strongly suggest using the racebooks that come highly recommended by our team. On the other hand, rather than just reiterating how wonderful our recommendations are, we will explain the process by which we arrive at them.

To begin, glamorous features like as live streaming or promotions such as free bets are completely pointless if the betting site you join is not only risky but also untrustworthy and unattentive.

Because of this, we do not suggest sites such as those. Here’s how we sort out the authentic sites from the dodgy ones.

Check that you have a license

The acquisition of a license represents a relatively low bar that must be traversed by a driver.

On the other hand, if they are granted a license, it indicates that they have submitted an application, paid the required fee, and been approved by a gaming commission. It also indicates that they are doing their business in accordance with the laws of the jurisdiction in where they are headquartered. That they may be utilized without risk is made abundantly evident by the fact that this is the case.

Examine the Responses From Customers

We investigate each potential online sportsbook thoroughly by searching the internet for reviews and ratings left by previous players.

We check whether or not betting sites pay out winnings to players (quickly). It is essential that they stick to the conditions that they originally agreed to and do not make any changes to them after the fact. In addition, we are interested in learning whether or if the site has ever engaged in dubious business practices in order to retain its clients’ money on the site.

None of these things are done by the sites that are considered to be the best for betting on horse racing online.

Send in a Request for Technical Support

During the course of our assessments, it is inescapable that we will think of questions concerning a website’s betting possibilities, feature promotions, and promotion policies. Even with our years of knowledge in the field of online gambling, if we make the same mistake, it is quite possible that you will as well.

Because of this, every betting site that we review receives at least one support ticket from our team. As soon as we press the submit button, we immediately begin monitoring the speed with which the bookmaker’s support team answers, how helpful they are, and the number of emails it takes to resolve our issues.

This is the overall procedure that we go through to ensure that any site that we suggest is trustworthy, safe, and responsive to its users. It has helped us select the horse racing betting sites that we feel comfortable trusting with our hard-earned money time and time again.

However, this is not the only thing that we do. This stage of our approach simply verifies that the online bookmaker or sportsbook in question is a reliable choice, regardless of the type of wagers you choose to place. It does not imply that it is a reliable site for those who bet on horse racing.

When we review a site for a specific group of people, like those who are seeking for the best venues to bet bets on horse racing online, it is essential that we verify that the recommendations we make are appropriate for the audience in question.

Whenever we conduct a review of a website that allows users to wager on horse races, we look for the following features.

• Types of Bets – Are you able to place bets on things like exactas, trifectas, superfectas, futures, and other possibilities?

• Odds – Although betting odds are always shifting, one thing that we do here at OddsShark is recommend sportsbooks that consistently provide the best odds. The optimal strategy is to win losses while maximizing potential gains.
• Races – Which races are available for wagering, and how much do the odds bet? Is it possible to bet bets on the Kentucky Derby? You mean Epsom Downs? What about Everest? The more different races there are, the better.
• Features – When it comes to features, the two most important ones for us are live betting and live streaming. When it comes to live streaming, our first choice is to choose sites that don’t make users fulfill any prerequisites or quotas before they can watch a race.
• Promotions — Free bets and rebates on wagers are two of our favorite types of horse betting promotions. Free bet offers are a kind of repayment for bets that are placed and subsequently lost. A rebate, on the other hand, is a portion of your weekly net losses that is returned to you in the form of cash.

If a site is able to check as many of these boxes as possible, we will feel more comfortable recommending them to our customers who bet on horse racing.

In addition to this, we investigate a casino’s banking methods and limitations, the availability of additional gambling games like blackjack and poker, and whether or not the casino has a mobile app. These aspects are also important to consider.

However, as long as they fulfill the requirements outlined in this part, we are confident in our ability to promote them to the boxes who read our blog.

And this is how you’ll know that you’re joining one of the best online betting sites for horse racing when you join up with any of the recommendations on this page.

Additional Highly-Rated racing Betting Sites for Horse Races

Our primary recommendations are for the horse racing betting sites that are considered to be the best of the best. Anyone who has even a passing interest in betting on horse races online should check out one of these amazing sites.

However, for individuals who have a particular requirement or interest, we will also propose the top betting sites for horse racing. If you have certain interests, you might want to go about finding a betting site in this manner so that you can locate one that is a good match for you.

For instance, if you live in a certain country or region, we may offer horse racing betting sites that are localized to your area.

• United States of America
• The United Kingdom (UK)
• Australia

You might also join up for a site that specialized in betting on particular horse races. When you join up for a site that we recommend for a certain race, you may bet your bankroll that the site will have the best odds, betting options, and offers for that particular race.

This is an incredible chance that you have. When you stop and think about it, these illustrious races are staged in a variety of locations throughout the globe. Are you able to make the trip all the way to Australia, Europe, or the United States only to watch a race and place a bet on it?

Almost certainly not. The vast majority of people cannot achieve that goal.

You might, however, join up for one of the horse betting websites that we have suggested and put your bets on their website.

• Kentucky Derby
• Preakness Stakes
• Belmont Stakes
• Breeder’s Cup

What should you do if, in addition to enjoying betting on horse races, you also enjoy wagering on other sports, such as basketball, baseball, mixed martial arts competitions, or golf, for example?

If this is the case, we do not join that you sign up for a site that is solely devoted to horse racing. Instead, you could join up for a general sports betting site that specialises in certain aspects such as bonuses and payments.

The Top Online Sportsbooks That Offer the Best Bonuses and Rewards

• Betting Websites with Quick Payouts
• Gambling Websites With High Stakes
• Online Gambling Platforms That Offer the Best Odds and Lines

You might also be interested in looking at our ranking of the top sites for placing bets on sports. This page provides a comprehensive overview of ALL the sites that we rate and recommend.

How to Get Started With Wagering On Horse Races Online?

Beginning something new, like placing a bet online, might be nerve-wracking if you’ve never done it before. Before you place your first bet, there are a lot of steps you need to take first. Although none of the steps are very challenging, viewing them all at once might give the impression that there are a lot of them.

The first thing you should do is sign up for an account with a reputable horse racing betting website. The good news is that this step does not need much effort because we have already completed all of the necessary work, which included evaluating and ranking all of the excellent possibilities that we could locate.

However, this is only the beginning of things. Before you make your first wager with actual money, there are a few more things you should give some attention to. Let’s have a look at those right now.

Put in Your deposit Here

Do you want to put bets with actual money? You’ll need to have actual money in your bank account in order to play. In order to accomplish that, you will need to pay a deposit.

The majority of sportsbooks will allow deposits from a variety of financial methods. The following are some of the more typical choices that will be available to you.

Credit and debit cards with the logos of Visa, Mastercard, American Express, or Discover are accepted here.

• Electronic wallet: Some of the alternatives available to you are PayPal, Skrill, and Neteller.
• Cryptocurrency — Bitcoin, Litecoin, Dogecoin, and a variety of other cryptocurrencies are accepted at a number of online betting sites.
• Wire Transfer from Your Bank to the Sportsbook’s Bank You can send a wire transfer from your bank to the sportsbook’s bank.
• Send funds with MoneyGram or Western Union if you want to make a money transfer.
• One solution available to Canadians is called InstaDebit.
• POLi is a choice that may be made by Australians.
• WebMoney is an alternative for those living in Russia.
• UKash is a prepaid card that gamblers may use at a number of different establishments.

Your choices will be determined by both where you live and which payment methods are accepted by the gaming site you use.

It shouldn’t be difficult to make a deposit, especially if you’ve done any kind of buying online before. You will need to proceed to the cashier, select your preferred way of banking, and then follow the steps. Typically, all that is required of you is to enter your account information together with the desired quantity of money to deposit.

That brings us to the conclusion!

Every online bookmaker and sportsbook that we suggest will be more than pleased to assist you in making your deposit if you run into any problems while trying to do so. Send them a note, and they will take care of you as soon as they can.

App or Desktop?

Another choice that will be presented to you is whether you want to place your bets using an application on your mobile device or through the desktop version of the same application.

There is no path that is inherently superior to another. It all depends on your personal taste.

Using a smartphone app is convenient. You are able to carry it with you anywhere you have connection to the internet. And the majority of sportsbook applications are just as feature-packed as their desktop counterparts.

Nevertheless, mobile gadgets are more compact. If you have difficulty seeing tiny text or if you do not want to view a race on a screen that is just 9 inches in size, the desktop software provided by the bookmaker may be a better option for you.

There are situations when the desktop application will also offer additional functions. However, as the mobile sector of the industry continues to expand, this is a phenomenon that is gradually becoming less prevalent.

In any case, the deposit options, access to betting possibilities, and promotional selections available to you will be exactly the same. It goes without saying that you are free to make use of one or both of the aforementioned choices.

Your Horse Betting Bankroll

Since managing your bankroll is such a broad subject, we will simply go over a few of the fundamentals here. A number of variables will determine how much money you have available for bet on the game.

To begin, how much of your available budget can you put into wagering on the game? Your win of victories is very important. Bettors who come out on the losing end will have a greater need for money. There is also significance in the sorts and amounts of bets.

In general, we like to err on the side of caution and have more money in our savings account. A decent rule of thumb is to always have at least one hundred times the size of your betting unit available.

The amount that you wager is referred to as a unit. For instance, if your bets are always $1, then your betting unit is $1. This indicates that you should retain at least one hundred dollars in your bankroll at all times. If you regularly place bets of ten dollars, you have to have a minimum of one thousand dollars on hand.

If you enjoy making hazardous bets or the odd large bet, it is recommended that you increase the amount of money in your bankroll. Your bankroll is at more danger with any kind of bet you make, and the reason for this may have something to do with the odds of you winning or the variance of the bets.

If you have a sound strategy for managing your bankroll and take an analytical approach to sports betting, you may get a lot of experience with deposits ranging from $100 to $500 as a beginner.

Races You Can Bet On

You should also give some consideration to the races that you wish to bet bets on. This will have a significant influence on a variety of aspects, including the horse racing betting sites that are best for you to join, the types of wagers that are open to you, the maximum amount that you may bet, and a great deal more.

The following competitions are examples of some of the major races that are held in different parts of the world.

• Kentucky Derby

This is the initial leg of the Triple Crown race in the United States. The first Saturday in May sees the running of the 1.25-mile Kentucky Derby, which is the most famous horse race in the United States.

• Preakness Stakes

This race is the second of three that make up the United States Triple Crown. Two weeks will have passed since the Kentucky Derby before this event will take place.

• Belmont Stakes

The “Test of the Champion” is the moniker given to the last leg of the United States Triple Crown series of race races.

• Breeders Cup

The best horses in the sport come to compete in this race every year because it offers one of the sport’s highest payouts.

• Epsom Derby

The Epsom Downs Racecourse in Surrey, England is where this race takes place every year on the first Saturday in June. Approximately two million dollars will be awarded to the winner of this race.

• The summit of Everest

At the Randwick Racecourse in Sydney, Australia, on the second or third Saturday of October each year, a race that is 0.75 miles long is run. This bag contains a MASSIVE amount of money—$14 million.

• The Melbourne Cup

This event is a race that covers a distance of two miles and takes place in November in Melbourne, Australia. The prize pool for this race is at $5.3 million.

• The World Cup in Dubai

Every year, on the final Saturday of March, this race takes place in Dubai. The participants are vying for a portion of the prize pool that is worth $12 million.

• Prix de l’Arc de Triomphe

The Longchamp Racecourse in Paris, France is where this race takes place every year on the first Sunday of October. On this 1.5-mile circuit, competitors race for a chance to win a share of the $5.6 million prize pool.

• The Original Sheema

Dubai hosts a race of this distance on the final Saturday of the month of March. More than 80,000 people will be able to watch the horses compete for their share of the $6 million race pool.

You may bet bets on some of the most well-known and famous races right here. However, the majority of bookmakers also accept wagers on races that aren’t as well known.

Which bets Are You Planning to Place?

Another essential element to take into account is the bets that you want to place. Because of this decision, the places where you may bet and the kinds of races you can bet on will change.

Because the level of risk associated with each bet is varied, your choices will have an effect not only on your winnings but also on your bankroll. Therefore, do not rush into making this choice!

The following is a list of the most common different kinds of bets that may be placed. The definitions of terms might be slightly different depending on where you live.

• Straight Bet

The outcome of this bet depends on whether the horse comes in first, second, or third place (third).

• Win

You are placing a wager on the horse that, in your opinion, will come out on top in the end.

• Place

This is a bet on the horse that you believe will finish in second place.

• Show

Place your bet on the horse that you believe will finish third.

• Exotic

Horizontal and vertical exotic bets are the two varieties that are available. To win a horizontal bet, you must correctly predict the winner of two or more consecutive races in a row. The number of races that must be correctly predicted can range from two to six. Bets choose the exact order in which the top two, three, or four horses will finish in a vertical wager.

• A daily double serving

Pick the person who comes out on top in both of the consecutive races.

• Pick 3, 4, 5, 6

The same as the Daily Double, with the exception that you have to choose the winner of three to six consecutive races in a row.

• Exacta

Choose the win and the place finisher in the order specified for every particular race.

• Trifecta

Choose the top three horses who you think will be the first to cross the finish line and predict the exact order in which they will do so in order to win out on top.

• Superfecta

This wager is identical to a trifecta, with the exception that it involves four horses and the precise sequence in which they finish first, second, and third.

Bets on the straight, the win, the place, or the show are the ones that are suggested for novices. Although the odds of winning are far better, the rewards are nowhere like as huge as they are for the riskier bets. If you have a sound strategy, you will win more frequently and will be able to get by with a lower bankroll.

However, there is nothing wrong with placing a bet with a higher degree of risk. You should only be ready for the possibility that you will lose more of these bets than you win, and your bankroll should be high enough to withstand such losses.

Before you place your first bet, you need to give some serious thought to the matters discussed here because they are among the most crucial concerns. Other things, such as betting odds, the many categories of horse races on which you can bet bets, and even the jargon that is exclusive to horse racing and betting, are all important considerations.

We have compiled a reference to horse racing fundamentals that will be of use to you in all of these areas and more besides. If you are newer to betting on horse races, you should check it out.

Horse Racing Betting Sites Frequently Asked Questions

How much money am I allowed to bet on horse races?

This is dependent on the site. The majority of betting establishments have a $1 minimum bet requirement. Bets can range from $100 all the way up to $20,000 or more at the top horse racing betting websites, although the maximum amount accepted can vary greatly depending on the type of wager placed.

Keep in mind that the maximum bet amount will change depending on the type of horse race you are betting on, the track, as well as your own personal boundaries.

Reading through our evaluations is the most effective approach to obtain this knowledge. You may also inquire with the sportsbook by contacting them directly.

In the sport of horse racing, what is the most reliable bet to wager?

The win and place bet is a safe option, or at least it is as safe as it gets when it comes to betting on horses. This is a combination of two separate bets. The first bet should be placed on the horse that you believe will win first place. Your second bet will be on the horse that you believe will finish in first place.

You will still receive a payout for the horse that you bet on even if it does not win the horse or place if the other bet you placed is successful. This is one of the many advantages of this particular wager.

These wagers are referred to as “each-way” bets on some online horse racing betting sites.

How do betting odds work?

The odds at a casino inform you how probable it is that a certain occurrence will take place. The greater the odds, the greater the potential payout; nevertheless, the less probable it is that the event will actually occur.

To give you an example, a horse that has odds of 3-1 is more likely to win than a horse that has odds of 4-1. A horse that has odds of 5-2, which can be rewritten as odds of 2.5-1 when simplified, has a greater chance of winning than a horse that has odds of 3-1.

If you bet on a horse that has lesser odds of winning, there is a better chance that your money will win out on top. The disadvantage of this thing is that your bet won’t return as much money because it’s more likely to be successful.

Some individuals get this completely reversed, thinking that the better odds are the ones with the best probability. That is not the case at all. They will pay more, but it is a wager that has a low chance of success and won’t pay out nearly as frequently.

It is important to keep in mind that the odds on horse racing betting sites that are considered to be the best often offer the best payouts.

Where can I find the best website to place bets on horse races that are conducted online?

The online betting sites that we propose on this page are the best sites to join if you are interested in wagering on horse races. On the other hand, if there is something in particular that you are trying to find, you will need to look a little bit farther.

Before deciding on a betting site, we strongly suggest that you give some consideration to the following factors.

• In which races and on which horses would you like to bet a wager?

• What kinds of bets are you interested in placing?
• How little or how much do you wish to wager?
• Which features are most important to you (such as early cash outs or live streaming)?
• Are you interested in taking advantage of promotions such as rebates or free bets?
• Where do you live your home?
• Which of these financial services are you interested in utilizing?

Your responses to these questions will help you choose which of the many websites that provide wagers on horses is the most suitable for you to join.

Conclusion

The “fancy” folks used to be the only ones allowed to attend renowned events like horse races.

If you wanted to place a bet on a race a few of decades ago, you had to get yourself all dressed up and go to the races in person. You might even stop by a bookmaking business or one of the sportsbooks in Las Vegas.

However, things have improved significantly since then. These days, as long as you have internet connectivity, you can bet a wager on the horses no matter where you are in the globe.

You may place bets for as little as one dollar, win thousands of dollars off of the success of a single wager, and get deposit bonuses for hundreds or thousands of dollars.

You don’t even have to leave the convenience of your own home to bet a wager on one of the world’s greatest and most renowned races; you can do it all online.

If you think that is something that interests you, then the first step you need to do is join up for an account on one of the best horse racing betting sites. Be careful, though, since if you misunderstand this, both you and your bankroll might end up in a lot of trouble.

Finding a reputable and trustworthy betting site to join doesn’t have to be difficult at all. If you follow our recommendations, where we only share the best sites for betting on races, you’ll have no trouble getting started with your horse.