Last updated on: August 12th, 2022
TVG Racebook Review
When it comes to horse racing betting, no one does it better than TVG Racebook. Our TVG Racebook review will serve to provide horse race bettors with all the information they need to start cashing in on the ponies with this service. TVG, (Television Games Network) is the premier name when it comes to all things in simulcast racing and horse race betting. That is because the TVG platform is a combination of a digital, cable, and television network, along with an online betting service. TVG is also owned by the FanDuel Group which is owned by Paddy Power Betfair, so you know that TVG comes backed by strong players in the online wagering industry. The business model also positions TVG to be able to provide live streaming capabilities that other racebooks just can’t offer. Throughout our review of the TVG Racebook, you’ll read up on all the different features that differentiate this service from the competition. One of the biggest aspects you should know right off the bat is that the bets you place with TVG are actually combined with the total purse that is bet at the track in which the race is being conducted. This allows for a bigger payout for everyone and it helps support local tracks. TVG also has its own dedicated horse racing channel which means you can watch industry experts and analysts get to interview trainers and discuss future races.
Banned States: AL, AK, GA, HI, KS, ME, MI, MS, MO, NE, NV, NC, OK, SC, TX, UT, WI, D.C.
Bonus: $500 risk-free bet for new accounts
Payout Times: 1 Week
Mobile Platforms: Android, Apple
Accepts USA Players?
Best Payout Method:
What Type Of Bets Does TVG Offer?
The legal sportsbetting opportunities with TVG are almost never-ending. That is because TVG offers action for more than 150 tracks across the world. This means you can wake up in the morning and bet on a race in the U.K. then later on in the day bet on a race that is happening in the U.S. When using TVG you’ll not only find races happening at nationally recognized tracks such as Churchill Downs Racetrack, Monmouth Park Racetrack, and Belmont Park, but you’ll also be able to put action on races happening in smaller venues.
The bets themselves include win, place, show, exacta, quinella, trifecta, and superfecta. You also have a key, wheel, or box option for the exacta, trifecta, or superfecta bets you make. If you want to stick to betting on races happening at a single venue then you can make daily double bets, as well as Pick 3 bets and all the way up to Pick 8 bets. TVG also offers similar bet types for greyhound racing. However, wagering on the greyhounds is only available if you are betting from inside the states of Arkansas, Colorado, Wyoming, Florida, Connecticut, Oregon, and Massachusetts.
Mobile Wagering Options For TVG
The TVG app is undoubtedly the way to go if you’re looking to bet on the ponies from your phone. If you are using an iPhone you can download the app from the Apple app store. If you are using an Android device then you can download the app straight from the TVG site through your mobile browser. The app provides you with a more slick and user-friendly way to make win bets, place bets, and others on any race happening at that moment in time. Best of all, you can stream the race live on your device while also looking up other races to bet on simultaneously. If you bet on many races and forgot the starting time for each race, then you can set up Race Alerts for the app. This feature will send you a notification for when a race is about to begin and what the final result of the race is when an official decision is made.
What Promotions Does TVG Offer?
TVG offers two main types of promotions. The first one that many online racebook services provide is a type of Welcome Bonus. For example, those in the state of Florida that want to make a new account with TVG are able to receive a $500 risk-free bet when activating their first account. Deals like this are also available in other states and are not just subjected to Florida. TVG also has deals such as their Super 8 contest. It’s free to join and you just pick one selection from 8 different races from across the U.S. for a chance to win $100,000. Once you start using TVG regularly and want to get your friends to join, TVG will actually reward you for that. With their referral program, the friend you invite can get up to a $25 match bonus and you can score $25 once they make their first deposit. It’s really a win-win.
Live Betting At TVG Racebooks
While horse racing betting does not typically have the same live odds as traditional sports, there are still ways to live bet with TVG Racebooks. On TVG, you will find hundreds of odds for horse racing from across the world and country. These odds will be updated daily, with tons of races going on across the globe every day. A feature that TVG offers is the ability to bet on horse racing right before the ponies take off. Due to the rather short nature of horse racing, no live betting is offered during the race. However, you might be able to find some live odds being posted for some of the bigger races, with odds and lines that shift and adjust according to the race action. Most likely you’ll be able to find odds shifting between races on a single course. So for example, if a certain horse was going to run multiple times in a day, their odds for the next race will shift depending on how they did in their first race of the day.
In an update to the TVG system, Flutter is rebranding TVG to more of a sports betting focus. As of September 2022, TVG is now FanDuel TV, TVG2 becomes FanDuel Racing, and the TVG OTT app transitions into FanDuel +. As for the horse racing betting app, no changes occurred.
How Do I Deposit Money Into My TVG Account?
There are a number of different ways you can fund your TVG account. The first way and the most common method is to simply use a credit or debit card. You can use either a Visa or Mastercard and you are allowed to deposit up to $5,000 a month. There is a $5 fee when using your card. You can also use BetCash which is essentially works just like an eCheck. With this method, you can deposit up to $2,000 straight from your bank account and there is no limit to the number of times you can do this.
For high-rollers, a wire transfer will be the way to go. There is no limit to how much and how often you can deposit. You’ll also be waved of any fees if you deposit more than $1,000 at a time. If you use a bank wire transfer and deposit less than $1,000 than you will have to pay a $15 fee. The last two ways in which you can load up your account is by either sending a paper check/money order to TVG or by paying with cash at a partnered racetrack.
How Do I Withdraw Money From My TVG Account?
Your options for withdrawing funds from TVG will be slightly less than your deposit options. In order to receive your winnings, you will have to either request a check be sent to you, request a wire transfer back to your bank account, go to a partnered track to get cash, or get it sent to your PayPal account. If you choose to use PayPal you will have had to have made your deposit through there as well. This is not an option for those looking to use TVG in New Jersey.
Which States Allow Betting At TVG?
Currently, only 31 states are able to offer TVG betting. Horse race betting laws are different for each state, the same as sports betting, and TVG only accepts bettors from states with regulated horse racing. This means that if you are in a state that does not have regulated horse betting within its legislations, unfortunately, you will be unable to bet on horse races at TVG. TVG was one of the first sportsbooks or racebooks to offer its services in multiple states. The states that are able to use TVG are as follows:
- New Hampshire
- New Mexico
- New York
- North Dakota
- Rhode Island
- South Dakota
- West Virginia
How Old Do I Need To Be To Bet At TVG?
If you are fortunate to live in a state that TVG serves than you will more than likely have to be at least 18 years old or older in order to place bets. The only states that require you to be at least 21 are Arizona, Indiana, Iowa, North Dakota, and Washington. Whenever you make an account with TVG you will have to prove your age so there is no real way to get around this age restriction.
TVG Racebook FAQ’s
What are TVG Picks?
The TVG Picks section is a feature within the TVG racebook platform that lists the announcer picks for different types of wagers across many popular tracks. The TVG picks section tries to feature different bets from different courses and books around the world. Consider it a horse betting recommendation from the tops minds behind TVG. The TVG Picks selection can be found under the handicapping tab on desktop, or by tapping the Picks icon at the bottom of the screen on the app.