States With Legal Horse Betting
The horse racing industry has played a major role in the history of the United States, and there are numerous states with legal horse betting. In fact, every state offers some form of legalized horse racing betting, whether it be at the track or on the internet. While at one point in time there were only be a handful of horse racing betting sites, there are now hundreds to choose from. These websites provide exciting horse racing action from the comfort of your home and it can all be done legally. You just need to use an offshore horse racing betting site and you can bet on the ponies at your convenience. The days of having to drive to the track or an OTB betting location are done and over. There are some states that do not offer any land-based horse racetracks, and if you reside in one of these states our online horse betting information is even more valuable.
When you want to make money on horse betting legally, using an online site can be quite beneficial. Our guide will discuss the legality of horse betting in the states, how to bet on the Triple Crown, and even banking methods at online racebooks. We will also cover a few of the trustworthy horse racing betting sites that you should know about.
No matter where you reside, it is generally legal to bet on horses online. Pari-mutuel wagering is the most widely accepted form of gambling that there is. Many states started offering regulated pari-mutuel wagering options centuries ago, and online horse racing is the latest way to start betting. You can legally use offshore online racebooks that accept horseplayers from all over the US. These sites are completely legal and allow you to bet on the Kentucky Derby, Preakness Stakes, and every other major race in the country. When you want to have the most exciting horse betting experience, you can join a legitimate online racebook and start betting the horses.
Thousands of spectators from around the nation come together to bet on the Triple Crown each and every year. The first leg of the race, the Kentucky Derby, is a 1 1/4th mile race that takes place at the famed Churchill Downs racetrack in Louisville, KY. Derby day betting odds are always high-anticipated because it is our first look at how the Thoroughbreds perform in the competitive arena. The second jewel in the crown is the Preakness Stakes which is held at Baltimore’s Pimlico Race Course. The three-year-olds will have to run a slightly longer distance, and the winner of this race allows us to focus on potential odds to win the Triple Crown. The Belmont Stakes represent the final leg of the Triple Crown journey, and this is the longest race of them all. You can bet on if a horse will beat Secretariat’s astonishing 2:24 finish, or just wager on odds to win the Belmont Stakes. Online horse racing betting sites are ideal for betting on the Triple Crown because they offer every wagering option possible!
When making deposits and withdrawals at horse racing betting sites, you want to use the safest and most reliable methods possible. Legitimate online racebooks have several different options for USA bettors to choose from. The minimum and maximum limits will vary along with the processing speed. You should be able to make a deposit and start betting the ponies the same day. When it comes to receiving your payout, it should be as simple as putting in the request and receiving your cash within 48 hours or so. There are more than 10 different options to choose from, but have listed the best online racebook banking methods below:
Bitcoin is the best deposit and withdrawal method for horse players. Depending on the racebook, you can send anywhere between $20 and $5,000 in an instant. All you have to do is send funds from your wallet to the BTC address provided by the cashier. Once received, your funds will be immediately available for wagering. Bitcoin payouts are just as fast and reliable. You can usually request as little as $20 or as much as $10,000, and the longest wait time we have had with a bitcoin withdrawal is 48 hours. One of the benefits of bitcoin besides security is that online racebooks do not charge additional fees for deposits or payouts.
We recommend bank wire transfers for high stakes horse racing betting. Bank wires have the largest deposit limits, with some racebooks putting no cap on the amount you can send in. When it comes to legal deposit options, there is no other method that comes with no maximum deposit. Your funds will be delivered to your account in as little as 2 business days, though this can vary by a few days depending on your bank. A normal bank wire payout will have limits between $500 and $24,900 but depending on your needs you may be able to have your limit increased by speaking with customer service. Most payouts will take between 4-15 business days to reach your bank account. High roller horse bettors may have to pay a small fee for using this method, but it is quite small when compared to the large amounts of cash involved.
Bovada is one of the most popular legal horse racing betting sites, with tons of extra features that horse enthusiasts love. It is one of the few sites that caters mainly to US players, which means they have the most reliable and trustworthy banking options. When you want to put money on the Triple Crown races, you will first need to make a deposit. Bovada accepts Visa, MasterCard, and Bitcoin for racebook deposits. The minimum credit card deposit is $20 while the maximum is $1,000. For Bitcoin deposits, you can deposit as little as $20 or as much as $5,000. If you want to bet more on the second race in the Triple Crown, you can call customer service and request an increase.
Bovada offers horse players some of the best deposit bonuses when using their online racebook. You can use the $500 Bitcoin Welcome Bonus that is only available to BTC users. When you make your first deposit, the cashier will match it by 50% for up to $500. Just use code BVSBITCOIN50 to instantly redeem your bonus. If you prefer credit card deposits, you can opt for the 50% Welcome Bonus that also matches your deposit by 50%. You can get up to $250 in extra cash to bet the ponies by redeeming the offer from the Bonus Page of your account. When you are ready to start betting on the Kentucky Derby, Preakness Stakes, and other exciting races, sign up at Bovada.lv!
- Horse Betting Fans Get 50% to $250!
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- Bonuses up to $1.000 for Racebook Deposits!
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- 8% Horse Rebate!
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- Racebook Bonuses up to 75% for Residents!
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