Last updated on: May 13th, 2024

Horse Betting Bonuses and Promotions Overview

When it comes to horse betting bonuses and promotions for US residents, there are a ton of racebooks that offer rewards specific to the sport itself. These horse racing bonuses entice bettors to use specific websites and make the experience that much more exciting. If gamblers know where to go when it comes to horse racing betting, they are able to get the most value for their money. This page will help guide readers toward horse racing sites with the best bonuses.

Sports wagering websites offer quite a few different promotions to their horse-loving customers. First, you’ll want to pick a legal online 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 horse betting sites that accept US players also offer a welcome bonus as soon as you sign up with them. This is 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 it if you continue reading.

Top Racebooks for Bonuses

Rank Sportsbook Bonus Offer Play Now
1 Bovada Online Sportsbook Exclusive 50% Bonus Code up to $1000!Read Review BVD1000 in Cashier
2 BetOnline Online Sportsbook 50% Up To $1,000Read Review Visit BetOnline!
3 MyBookie Online Sportsbook 50% Up To $1,000 Read Review Visit MyBookie!
4 Xbet Online Sportsbook 100% Up To $300Read Review Visit Xbet!
5 Sportsbetting Online Sportsbook 50% Up To $1,000 Read Review Visit SportsBetting!

Types Of Bonuses At Online Racebooks

Online racebooks bonuses make betting on horse races even more enjoyable than the national pastime already is. The bonuses that most legal racebooks in the US offer are welcome bonuses and rebates. The types of horse racing promotions are all slightly different. Welcome bonuses increase the base funds that players have at their disposal. Rebates effectively let players get some of their funds back that they lost on a wager. Online racebooks also frequently offer rewards programs that allow players to build up credits that can then be used to bet or purchase funds. All three types of bonuses at horse racing sites are similar to bonuses at legal sportsbooks as many sites are both a sportsbook and a racebook.

Welcome Bonuses For Racebooks

Racebook welcome bonuses are often available at both horse betting sites and sportsbooks with horse racing odds alike. When joining an internet sports betting site to put money down on the races, members can accept 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 horse racing promotions 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 is offering its new members a “Welcome Bonus” to match 75% of a member’s initial deposit up to $750. This free play can be used to bet on the horses or any other sporting event listed in the sportsbook.
  • BetOnline has a 50% match on a player’s first deposit for a “Welcome Bonus.” This will match new users’ deposits up to $1,000. BetOnline also has $25 risk-free bet for new players in their racebook.
  • MyBookie has a “Welcome Bonus” for new members that will match 100% of their first deposit up to $1000.

Rebates For Horse Betting

Online horse betting sites that offer rebates in addition to their sign-up bonuses are the way to go for all horse bettors. Players can get extra money to bet with when they sign up, and then get some of their losses back if they place a bet that was not successful. Of course, rebates for horse betting do not cover all your losses, but they do cover some. Rebates at online racebooks range from about 5% to 10% back. Some of the best rebate offers at online horse betting sites in the US are:

  • The 9% rebate at BetOnline that is offered every day on nearly all races. The 9% rebate applies to exotic wagers, with players getting 4% back for win/place/show bets. BetOnline does not limit the number of races or times that a player can request their rebate.
  • MyBookie offers a scaling rebate for horse races. The rebate can go up to 8% when betting on the exotic wagers for A Tracks, 5% for B Tracks, and 3% on C Tracks.
  • Players that place bets over $2.20 and that payout at least $2 are eligible for the daily rebate at SportsBetting. The popular racebook offers up to 9% back for exotics and 4% back on the standard win/place/show wagers.

Mobile Horse Racing Bonuses

Mobile horse racing bonuses are typically dependent on an upcoming Triple Crown race. If one the Kentucky Derby, Preakness Stakes, or Belmont Stakes is coming up, then some online racebooks will offer mobile-specific bonuses. If not, players are still not out of luck. Racebooks such as Bovada and BetOnline are completely mobile-compatible. Their standard online racebook bonuses can also be applied on all mobile devices. That means there are mobile betting bonuses available on nearly all smart devices that players use to bet on the ponies.

Rollover Requirements For Racebook Bonuses

With bonuses come rollover requirements at online racebooks. Every legal sports 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. Racebooks do this to prevent players from making an account, 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 rollover requirement at online horse betting sites. Rollovers are not a common practice. Plus, you can avoid rollovers by opting out of any bonuses at horse betting sites.

Is Betting On Horse Racing Books Legal In The US?

Yes, betting on horse races online in the US is legal. Players can use both international racebooks and state-regulated racebooks. For the purpose of players on this page looking for bonuses, you will typically want to go with the international racebooks because they offer the best bonuses and are legal. The state-regulated sites racing also often horse betting bonuses, but those are typically less valuable and sometimes not offered to return customers. To summarize, legal racebooks can be based offshore or in the US, with the legal offshore racebook bonuses typically the best bet. Whether you want bonuses for betting on the Kentucky Derby or local races in your area, the sites we review are fully legal.

Bovada Kentucky Derby Betting