Wagering on horses via online sportsbooks is quickly becoming the only way that a horseplayer can make enough profit for it to matter. An influential horseplayer has been quoted as saying that “getting rebates” is a big deal to him because he bets on horses for a living. Without the rebates, he wouldn’t bet on horses as a job because “it wouldn’t be worth it”. There are no reasons why a horseplayer, professional or otherwise, shouldn’t take advantage of rebates, sign-up bonuses, and the flexibility that online sportsbooks offer. Unless you are a casual horseplayer who only wagers when you go to the track, i.e., when you want the track experience as much as you want to bet on horses, you should wager through an online sportsbook.
Racebook Betting Recommendations
Not all online sportsbooks are created equal when it comes to betting on horses. Below are what we feel are the best online sportsbooks for you, as a horseplayer, to utilize for your wagering needs.
* REMINDER! - you must be of legal age in your state or province to legally wager on thoroughbred or harness horse racing. Please bet responsibly!
Why are the odds better at offshore sportsbooks?
Odds are always better when you wager with an offshore sportsbook. Offshore sportsbooks provide head-to-head wagers and rebates.
Higher odds are not always better odds. A horse going off at 3 to 1 to beat 10 horses does not have better odds than a horse in a head-to-head going off at -150. Rebates on losses raise your odds because it lowers the investment on your next wager. 5% back on a loss is 5% that you didn’t invest. That 5% makes the next $100 bet a $95 bet, but you win the same amount as if you had invested $100.
What makes a good sportsbook vs one I should avoid?
A good sportsbook will have great customer service, deposit and payout options, a sign-up bonus and rebates, and large payouts per race on “A” tracks.
Always avoid a sportsbook whose customer service team doesn’t want to take the time to explain their rollover requirements on bonuses. Look to go with a sportsbook that offers rebates on losses and has ways for you to deposit outside of credit cards. A good sportsbook will be upfront about their withdrawl fees and the sportsbook’s “A” tracks max payout has to be at least $20,000.