Is online horse racing betting legal in my state?

All the sign-up bonuses above will give you bonus bets instead of withdrawable cash if you end up receiving any. Bonus bets cannot be withdrawn as cash but are able to be used to pay for wagers in the future. Chris started in the sports betting industry in 2022 with contributions to the Chicago Tribune and SportsHandle.

  • A hefty $3 million purse will be split among the race’s top-five finishers, with the outright winner of the 2023 Kentucky Derby set to take home $1.86 million.
  • They also have a 3- tier loyalty program that offers free payouts, birthday gift cards, game seats, and more bonuses.
  • In our guide for how to bet on the Kentucky Derby, you will find the best sportsbook offers, including no-sweat bets and more.
  • You can also do your own research by creating accounts at multiple online sports betting sites to see which one you like best.
  • TwinSpires, the market leading online racebook, is available in 39 states, for instance.

Payment methods accepted by the sportsbook include all major credit and debit cards, as well as a variety of cryptocurrencies. Last, the Xbet customer support team is on call 24/7 through live chat or email. There are several ways you can make sports wagers both online and in retail sportsbooks and plenty of bet types you’ll want to familiarize yourself with. There are several ways you can make sports wagers both online and in retail sportsbooks and plenty of bet types you’ll want to familiarize yourself with from our friends at SportsLine. The morning line 2023 Kentucky Derby odds aim to predict the pari-mutuel payout you would receive by betting on a particular horse to win the race. The official track handicapper releases them in the build-up to the Kentucky Derby, and they are designed to serve as a guide. Churchill Downs Inc., the company that organizes the Kentucky Derby each May, introduced this pari-mutuel wagering site back in 2007.

The bonus deposits within 24 hours and is only available once per customer. The racing bonus is not eligible for withdrawal but will be valid until June 12.

Top Sports for US Sports Bettors

If you wager $20 or more on that market and your horse wins, you’ll get back your stake, as well as a cash profit. If it loses, however, you’ll get back $20 in bonus credit to use on other races. Below is our definitive ranking of the best Kentucky Derby betting sites that players can use to wager on the 2023 event. From TVG to TwinSpires, each and every brand mentioned is currently offering new users a lucrative welcome package to kick off the festivities. If any bonuses are of interest, be sure to utilize the links in the text or the red buttons in order to claim.

Depending on the site, you may be able to cash out your winnings via credit card, e-wallet, or bank transfer. It can be a great way to have some fun and potentially make some money, but it can also be confusing for beginners. Online sports betting is different from playing at an online casino, so it’s important to understand the basics before you get started. In this blog post, we’ll provide an overview of how to get started with online sports betting. We’ll discuss the different types of bets, how to make deposits, and more.

The GTBets welcome package consists of two bonuses, split over your first two deposits. New customers can enjoy a welcome bonus of up to $1,000 for deposits made via traditional payments as well as cryptocurrency. The site also provides customers with a range of other promotions, such as a 100% crypto bonus up to $1,000, a $25 risk-free player prop bet, and a $25 free bet for live betting.

Many sites will also have a variety of bonuses available for new players to get started. Once you’ve decided which sportsbook to use, you can start making your bets. About 80% of U.S. states/jurisdictions have legalized betting on online horse racing, though the rules and operators in each state can be a little different. For example, New Jersey has its own horse racing platform powered by TVG called 4NJBets.

TwinSpires

Forte — led by trainer Todd Pletcher — is the betting favorite with 5-to-2 odds as of Thursday afternoon at Caesars. Tapit Trice (6/1), Angel of Empire (8/1), Derma Sotogake and Practical Move (both 10/1) are the only other horses with 10-to-1 odds or better to win the 2023 Kentucky Derby. By betting this weekend, you can earn these bonus bets for the Preakness Stakes and Belmont Stakes. Become part of the leading sports betting platform & enjoy the comfort of complete anonymity.

The bonus requires a minimum deposit of $50 and has a playthrough requirement of 10 times. The site also offers regular reload bonuses, free spins, weekly casino bonuses, and racebook rebates. Read more about ufabet here. Bovada is licensed and secure, which means you can legally place bets online. It also has state-of-the-art SSL technology that protects players’ money and data. Customer support can be contacted through phone, email, or live chat. Whether you’re a sports betting veteran or a novice, all of this information will assist you with making an informed decision about choosing an online sportsbook. “In Michigan, strict laws and rules govern internet gaming and sports betting and provide consumer protections, promote confidence and ensure fair and honest gaming,” Williams said.