The majority of the top new sites have racebooks in-house, along with a bevy of horse racing market options. That makes for a pretty good selection of reasons to sign up for an account with these bookmaking sites.
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However, no two betting sites are alike. Some are low-budget operations that lure new players with extravagant sign-up bonuses and favorable odds. Others offer the equivalent of concierge service, with help available by chat or phone at all hours. Then there are the sites with so many lines on so many events that it can feel like a fire hose aimed at your wallet.
Some of the best new horse racing betting sites on the web have been researched by us and we have taken the time to do so.
Recently launched racebooks taking US players
The same 8 facts for every site below, and nothing beyond them. How the list is made.
We keep 14 names here. Position depends on the welcome terms, the regulator on record and the brand’s track record — not on who pays us most.
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Choosing from New Sites for Horse Race Betting
Before opening an account with a new racebook, it is wise to peruse the platform and consider the options they offer. Who does the service cater for and how? Some sites are very keen on offering futures well in advance of the Grand National and other traditional sweepstakes. Some sites are crazy about daily or weekly horse racing and really cater to those who want to surface bet on the ponies in any time frame. Because some betting sites are stronger in different areas, it is important to find the platform that is right for you.
It may seem a bit cynical, but try to determine how much investment is going into the operation. Is there an improved blog or additional engaging intro resources to consume? Or just some numbers slapped on a board with a few lines of instructions in the space between? You should always weigh the site in the balance of its pros and cons.
The best new online horse racing betting sites have both the staff and the time to maintain a reliable racebook. And don't worry, as some punters are tempted to do, that you're somehow subsidizing any premium features or attractive web design that these sites may have. Horse racing odds, like any other type of betting, are almost entirely driven by the betting itself. And if greedy bookmakers are going to try to increase their profits, they are going to have to do it pretty much without drawing too much attention to themselves.
Nothing can take the place of an easily searchable race book on today's various platforms. Recreational gamblers, of course, can't spend every day in front of a computer like professional horse racing analysts, following the latest shifts in odds with daily vigilance. A racebook site that is both convenient and time-saving is a huge boon to the not-so-savvy user, allowing him or her to instead sulk in the study of the ponies for the same number of hours and days that the professional analyst spends with them. A smooth interface makes all the difference.
Getting Started with a New Racebook
There's never a bad time to review the terms and conditions when signing up for sports betting. However, with the advent of each new horse racing betting site, careful examination of the terms and conditions takes on added importance.
The main concern is security. Learn all you can about how to determine whether new horse racing betting sites are legitimate. Look for discussions about the sites in question on sports gambling forums. If a site is bad, its users will quickly let you know.
Once you're confident that your private information is safe with a new betting site, research it to see if it meets these criteria for the best betting experience.
Horse Racing Betting Sites Should Be Easy to Use
Sites should be adaptable and well-constructed so that they are almost universally easy to browse and transact with on any device. In the case of professional players, who need as much reliability and as many options for 24/7 support as they can get, easy adaptability to a laptop or desktop is critical. These are people who spend a lot of time not just in front of a device, but really in front of the odds, analyzing them and trying to time the (almost) perfect bet.
Avoid a Sign-Up-Bonus Trap
Almost every sports gambling site offers a "sign up bonus", advertised as free money to use for wagering and collecting payouts. But there's a huge catch.
Wagering your deposit before cashing out is a requirement of many sportsbooks. It's a reasonable requirement. If it didn't exist, we could expect sportsbooks to limit withdrawable funds even more than they do now. After all, sign up, get the free money, cash out - who wouldn't want to do that if the opportunity presented itself?
However, sign up bonuses come with a rollover. A "4x" rollover means that 4 times the player's initial deposit must be wagered before any withdrawals can be made. If that seems harsh, some bookmakers require double that amount, calling for an "8x" bonus to be wagered through.
Therefore, the sign up bonus is a way to lure you into the system and let the book recoup the bonus money before it's available. A significant volume of bets allows the numbers to be firmly in the house's favor.
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Thankfully, you can avoid the nonsense with a little elbow grease.
Declining a Sign-Up Bonus and Rollover Deal
If you are unsure how to decline a sign up bonus at a bookmaker, call the number listed on the site. Racebooks are always looking for new customers. If they have any intelligence, they will be there to help bettors get the kind of account sign up that suits the bettor's fancy.
Before creating an account, be sure to read the entire agreement carefully and have a game plan for negotiating any sign-up agreement you agree to.
Varieties of Odds and Bets at Horse Racing Sites
A horse racing betting site that is worth your time and money will offer a wide variety of race day bet types. Here are some of the more popular ones you'll come across.
Three more traditional bets are the exacta, trifecta, and superfecta. Betting on these markets requires you to know not only the identity of the winner, but also the finishing order of the top two, three, or four horses, respectively.
However, bettors can "box" exactas, trifectas, and superfectas. Boxing these bets means creating a winning scenario where the group of 2, 3, or 4 horses finishes first in any order.
The Daily Double prompts players to pick the winning horses in 2 straight sweepstakes, and the possibility of a healthy payout on said win makes this type of wagering more popular. This is a type of horse racing bet that is most commonly found at sites that specialize in betting on daily races.
For further insight into betting lingo and the general language of horse racing, click on the link below to read casino-guide.biz's complete horse racing glossary.
Where to Find News and Betting Tips on Horse Racing
However, it is just as important to recognize the warning signs of bloggers as it is to recognize a shady betting site.
Doubt any predictions made on the racebook's own blog pages. Sportsbook bloggers are truly passionate about sports and do a very good job of being informative. However, they are not around to hand out race picks that have a 60% or even 55% win rate. If they ever did, the casino might go out of business!
Paying for picks is a terrible idea. They're not worth much, and the guys who sell them, like the so-called "Famous Handicapper Jack Brown," are often just 25-year-olds who make the picks out of magazines.
Horse Race Betting Tips and Tactics
Have a Game Plan
Writing a list of goals and rewards that you want to achieve from your horse racing betting experience is very important. This process will help you avoid throwing money away on losing bets. Another way to look at the last two sentences is to say that all of this is very good for your betting health and good betting practices.
Early wagers on dark horse candidates for the Triple Crown are a low-risk, low-stakes way to get into horse racing betting. By Christmas, the Kentucky Derby contenders have already begun to appear on the betting boards, with some horses being offered at odds as high as 50-to-1. For those on a budget, it can be a worthwhile exercise to place a modest bet on a likely Derby qualifier from this group, hoping that the qualifier will turn a small February wager into a respectable May return.
Over time, however, it helps to pick a few races that aren't as legendary and pick a few favorites or even co-favorites to back to win. The odds of such a bet coming in on the winner are much better, and nothing quite replicates the thrill of playing the ponies in the minutes leading up to post time.
Don’t Go for Miracle Combinations
There have always been storytellers among the ranks of horse-racing bettors, especially when it comes to telling way-out stories that are highly appealing to those considering the financial implications of placing a wager. "Hitting long-odds trifectas so sweet they pay for whole semesters of college," is the opening line of the March 6 essay "Who's Getting Rich on Horse Racing?" by New Yorker contributor Malcolm Gladwell. A similar premise serves as the starting point for many a discussion of the financial genius behind betting on horse races.
Horses are the most cost-effective winning bets you can place over time. You're guaranteed to win if you number a single horse to finish first, second or third. You're also guaranteed to win if you number a trio of horses to finish first, second and third in any order.
For more tips on horse race betting strategy, visit our page below.
Look for Special Deals at Brand-New Racebooks
Newer betting sites have to scramble for fresh business. Crafty bookmakers will dangle specials, promotions and unprecedented odds in front of the betting public as they try to build a new racebook.
Maintain good communication with the odds manager at a new bookmaker and cultivate a relationship. You could be sitting pretty for a unique non-rollover bonus on your next deposit.
Check Out Some Horse Race Betting Apps
Most of the top horse racing betting sites that are new to the market offer the option to download an app. The app allows you to access the site and place bets in a more convenient manner than accessing the full site through your mobile device. This is ideal for our US readers as most of these sites offer apps for free download.
More About Horse Racing
If you wish to gather additional details on the subjects of surfaces, breeds, sweepstakes, and the crusty regulations that apply to gambling on racehorses in various locales around the world, then you should click on the following Casino Guide links.