Betting on horse racing has been a popular pastime for centuries, but with the introduction of online gambling, the question of whether or not it is legal has come into question. Horse racing is governed by the rules of each individual state, so the answer to this question depends largely on where you live. In this article, we’ll explore the legalities of betting on horse racing online, as well as some of the best places to do it.
The Legalities of Betting on Horse Racing Online
The legality of online horse racing betting depends on the laws of the state where you live. Some states have legalized online betting, while others have not. Here we’ll look at the legalities of online horse racing betting in each state.
Online Horse Racing Betting in the United States
The United States is home to a variety of horse racing tracks, and each state has its own laws regarding online betting. In some states, like New Jersey and Pennsylvania, online betting is completely legal, while others have yet to legalize it.
New Jersey
In New Jersey, online horse racing betting is completely legal. In 2018, the state passed legislation that allowed for the formation of horse racing betting sites. The sites are overseen by the New Jersey Racing Commission, which regulates the sites and ensures that they are operating within the law.
Pennsylvania
Pennsylvania also has legalized online horse racing betting. The law was passed in 2017, and the Pennsylvania Gaming Control Board oversees the sites. The law permits both in-state and out-of-state betting, and the sites are required to partner with a local racetrack in order to be legal.
Other States
In other states, the legality of online horse racing betting varies. Some states, like Kentucky and Massachusetts, have passed laws that make it legal, while others, such as California and Illinois, have yet to do so.
How to Bet on Horse Racing Online
Once you’ve determined that online betting is legal in your state, you’ll need to know how to place a bet. Here we’ll look at the different types of bets you can make and the steps you’ll need to take to place a bet.
Types of Bets
There are a variety of different types of bets you can make when betting on horse racing. The most common types are win, place, and show bets, which are bets on which horse will finish first, second, or third, respectively. You can also make exotic bets, which are bets on the exact order of finish or the exact time of finish.
Placing a Bet
Once you’ve decided on the type of bet you want to make, you’ll need to place the bet. To do this, you’ll need to find an online horse racing betting site, create an account, and deposit funds. Once you’ve done this, you can browse the available races and select the one you want to bet on. You’ll then select the type of bet you want to make and enter the amount you want to wager. Once you’ve done this, your bet will be placed and you’ll be notified when the race has been run and the results are in.
The Best Places to Bet on Horse Racing Online
Now that you know how to bet on horse racing online, you’ll need to find the best sites to do it. Here we’ll look at some of the top sites for online horse racing betting.
TVG
TVG is one of the most popular sites for online horse racing betting. The site offers a variety of betting options and features, including live streaming of races, live video of races, and betting tools to help you make the best bets.
TwinSpires
TwinSpires is another popular site for online horse racing betting. The site features a variety of betting options, including exotic bets, and offers cash back rewards for frequent bettors.
Xpressbet
Xpressbet is a site for horse racing betting that offers a variety of betting options, including exotic bets and in-race betting. The site also offers analysis and picks from top handicappers.
Conclusion
Betting on horse racing online is legal in some states, but not in others. In states where it is legal, bettors can place bets on a variety of races, including win, place, and show bets, as well as exotic bets. There are a variety of online horse racing betting sites available, each offering its own unique features and betting options. Before you begin betting on horse racing online, it is important to make sure that it is legal in your state.