Last updated on: March 3rd, 2022

Horse Betting Bonuses and Promotions Overview

When it comes to horse betting bonuses and promotions, there are a ton of racebook that offer rewards specific to the sport itself. These added bonuses not only entice bettors to use specific websites for their sports betting needs, but they also make the overall experience that much more exciting. If gamblers know where to go specifically when it comes to horse racing, they are able to get the most value for their money and that’s where we come in. This page will help guide readers with an affinity for legal sports wagers geared toward horse races to make the most of their experiences.

Sports wagering websites offer quite a few different promotions to their horse-loving customers. First, you’ll want to pick a racebook that has the best odds for the bet you’re wanting to place so researching a few sites is paramount to the highest payout. Many betting websites offer their members a welcome bonus as soon as you sign up with them. This is strictly for wagering on the ponies as it’s a general bonus to all new members. There will be a horse racing rebate reward that most horse racing betting sites  allow their bettors. We will get into if you continue reading.

Bonuses For Internet Racebooks

Horse Betting is a wonderful way to enjoy the races and add an extra wave of excitement to it. When it comes to the races, racebooks offer their customers flat rate rebates which are basically like a loyalty program for their customers. These rebates can range anywhere for 3%-10% when it comes to watching the races live. The reason there is a range is that it is dependent upon how many bets and what types of bets you’ve placed.

Loyalty programs and promos will be offered at any racebook the same way they are offered for sportsbook members. They are interchangeable and not many are geared strictly to those betting on the ponies. While the term racebook makes a difference, the rewards are normally the same.

Welcome bonuses are always a promo that can be used by racebooks and sportsbooks alike. When joining an internet sports betting site to put money down on the races, members are offered a welcome bonus with their initial deposit. These bonuses range anywhere from $250-$1000, depending on which website you join for your horse race wagering needs. These online sportsbook bonuses are not without stipulations which also vary from racebook to racebook. Generally, to receive the extra money to wager on races, you’ll need to first spend the entire amount of your deposit.

Bovada offers its customers a 50% match of up to $250 on their first deposit to use toward whatever the customer wants. There is no promo code to redeem this reward. will offer its members a 50% match up to $1000 with the promo code SB1000.  Sportsbetting also allows their players a lifetime guarantee of deposit 25% matches up to $500 each time you make a deposit to your account. Loyalty is rewarded by internet racebooks.

Loyalty programs are also given by way of how much you use your internet sports betting site to wager on races. BetAmerica rewards their bettors using a point system where points are accumulated through wagers and then can be converted into money.

Insurance Horse Betting

The way insurance betting works with horse racing is that gamblers place action on a major race, such as one of the 2022 Triple Crown events, and if they only hit part of the bet they can collect some of their money back. For example, betting on the Trifecta at the Kentucky Derby would see players select the exact position of the first, second, and third horse. If a bettor were to predict two out of the three, they can still see some of their wager back instead of losing the entire thing.

Rollover Options

With bonuses comes rollovers and every online betting site that offers bonuses has a set amount of rollovers. Rollovers are essentially the number of times you will have to complete a wager before you are able to collect on your wins. This is done to prevent players from making an account and collecting the bonuses and then withdrawing the funds immediately. The amount of rollover differs from sportsbook to sportsbook and from bonus to bonus. There is no set universal requirement for rollovers. Rollovers are not an uncommon practice, however, if you can avoid rollovers by simply not using any bonuses.

Live In-race Betting

Online racebooks offer live in-game betting to all parts. With live betting, you will be able to stay in on the action throughout the race. With the current technology at online racebooks, you will be able to not only wager on the race but also be able to watch the race live from the legal betting site. You will find several bonuses that can be used for lie betting at these sites. With live betting, you will be able to better hedge your bets as the betting lines throughout the race will be able to offset any losses from pre-race betting. Live horse race betting is one of the best ways to get in on the action.

Betting On The Horse Races & Racebook Promo Codes

Horse racing has always been one of the top sports in the world to wager on. That’s pretty much why racetracks were invented; to watch the races from the stands while putting some money in on the event, typically the favorite horse. Offshore internet racebooks are legal and widely used among bettors of the ponies throughout the country because they have the best odds and cover events worldwide as well as accept players from all over the globe to use their outlets. With all of the top events and even some of the smaller ones covered, there are a plethora of odds and wagers that go into each race that the books set up themselves. These bets and odds can vary which is why shopping lines and being a member of more than one book is encouraged. Some of the top racebooks on the internet that allow for mobile device access are BetOnline, Bovada, and MyBookie.

These platforms have the best of everything regarding horse racing and with rewards and promotions to sweeten the deal even further. The bets they will post range from the common to the exotic and their promotions are about the same. There is crossover between rewards and promotions that can be used by the sportsbook or racebook and vice versa. Bovada is offering its new members a “Welcome Bonus” to match 100% of a member’s initial deposit up to $1000 with the promo code NEWWELCOME. This free play money can be used toward the horses or any other sporting event listed on the sportsbook. BetOnline has a 50% match on a player’s first deposit for a “Welcome Bonus.” This will match up to $1000 with the promo code BOL1000 and MyBookie has a “Welcome Bonus” for new members that will match 100% of their first deposit up to $1000 with the promo code MYB100. These promotions and rewards are constantly changing and loyal members will have more rewards available to them. It’s best to check the promotions page of these sites weekly to get more bang for your buck when betting on horse racing year-round.

Mobile Betting On Horse Races

Mobile sports betting on horse races is one of the best ways to get in on the action. You will be able to wager from anywhere without the need to physically be at a racetrack or be in front of a desktop computer. Wherever you have cellphone service is a location you can bet on horse races. Mobile racebooks are compatible with most smartphones and tablets, allowing for the best form of accessibility. International sites offer the full-fledge racebook in the palm of your hands. There is no better way to bet on horses than with mobile horse race betting.