Caesars Sportsbook is the online sports betting arm of Caesars Entertainment, one of the largest casino operators in the world. Caesars Sportsbook is available in several US states, including New Jersey, Pennsylvania, Indiana, and Nevada. Caesars Sportsbook offers a wide range of sports betting options, including traditional sports betting, live betting, and fantasy sports betting.
Does Caesars Sportsbook have horse racing?
The short answer is yes, Caesars Sportsbook does offer horse racing. However, the type and availability of horse racing may differ depending on the state in which the sportsbook is available.
Horse Racing in New Jersey
In New Jersey, Caesars Sportsbook offers a variety of horse racing bets, including fixed-odds horse racing, pari-mutuel horse racing, and Exchange Wagering. Fixed-odds horse racing allows bettors to place bets on a single horse or multiple horses in a race. Pari-mutuel horse racing allows bettors to pool their bets together and the bet pool is split among the winners. Exchange Wagering allows bettors to bet against each other.
Horse Racing in Pennsylvania
In Pennsylvania, Caesars Sportsbook offers fixed-odds horse racing and pari-mutuel horse racing. Pennsylvania does not currently offer Exchange Wagering.
Horse Racing in Indiana
In Indiana, Caesars Sportsbook offers only fixed-odds horse racing. Indiana does not currently offer pari-mutuel horse racing or Exchange Wagering.
Horse Racing in Nevada
In Nevada, Caesars Sportsbook offers fixed-odds horse racing and pari-mutuel horse racing. Nevada does not currently offer Exchange Wagering.
Types of Horse Racing Bets
The types of bets that can be placed on horse racing vary from state to state. However, there are a few common bets that can be placed on horse racing at Caesars Sportsbook, regardless of the state. These bets include:
- Win: Betting on a single horse to win the race.
- Place: Betting on a single horse to finish in either first or second place.
- Show: Betting on a single horse to finish in either first, second, or third place.
- Exacta: Betting on two horses to finish in first and second place in the exact order.
- Trifecta: Betting on three horses to finish in first, second, and third place in the exact order.
Horse Racing Odds
Horse racing odds vary from race to race and from horse to horse. Generally, the more likely a horse is to win a race, the lower the odds on that horse. For example, a horse that is a heavy favorite to win a race may have odds of 1-5, meaning that for every $5 wagered on that horse, the bettor would win $1. Conversely, a horse that is a long shot to win a race may have odds of 50-1, meaning that for every $1 wagered on that horse, the bettor would win $50.
How to Place a Horse Racing Bet
Placing a horse racing bet at Caesars Sportsbook is easy. Simply select the horse racing tab, select the race you wish to bet on, and then select the horse or horses you want to bet on. Once you have selected your bet, simply enter the amount you wish to wager and confirm your bet.
Horse Racing Promotions
Caesars Sportsbook offers a variety of promotions related to horse racing. These promotions may include deposit bonuses, free bets, and risk-free bets. These promotions are subject to change, so be sure to check the sportsbook for the latest promotions.
Payouts
Once a race has been completed, the payouts for winning bets will be credited to the bettor’s account. Payouts for horse racing bets will be based on the odds at the time the bet was placed. Payouts may take up to 24 hours to be credited to the bettor’s account.
Conclusion
In conclusion, Caesars Sportsbook does offer horse racing. The type and availability of horse racing may differ depending on the state in which the sportsbook is available. Caesars Sportsbook offers a variety of horse racing bets, including fixed-odds horse racing, pari-mutuel horse racing, and Exchange Wagering. Caesars Sportsbook also offers a variety of horse racing promotions, including deposit bonuses, free bets, and risk-free bets. Finally, payouts for winning horse racing bets will be based on the odds at the time the bet was placed and may take up to 24 hours to be credited to the bettor’s account.