The state of Delaware is known for its rich racing culture and legacy, making it a popular destination for horse racing enthusiasts. As such, many people want to know where they can bet on horses in Delaware. This article will provide an overview of the horse racing wagering options available in Delaware, including at racetracks, off-track betting facilities, and online.
Delaware Racetracks
Delaware has two major racetracks: Delaware Park and Harrington Raceway. Both offer a variety of horse racing betting options, including straight wagers, exotic wagers, and pari-mutuel wagers. Delaware Park is located in Wilmington and offers thoroughbred and standardbred racing, while Harrington Raceway is located in Harrington and offers harness racing.
Straight Wagers
Straight wagers are the most basic type of wager and involve betting on a single horse to win, place, or show. These wagers can be placed at both Delaware Park and Harrington Raceway.
Exotic Wagers
Exotic wagers involve betting on multiple horses in one bet. These wagers include exactas, trifectas, superfectas, and Pick 3, 4, and 6 wagers. These wagers can be placed at both Delaware Park and Harrington Raceway.
Pari-Mutuel Wagers
Pari-mutuel wagers involve betting on multiple horses, with the payout determined by the total amount wagered on each horse. These wagers include Pick 4 and Pick 6 wagers, and can be placed at both Delaware Park and Harrington Raceway.
Off-Track Betting Facilities
Delaware has several off-track betting (OTB) facilities located throughout the state. These facilities offer a variety of horse racing betting options, including straight wagers, exotic wagers, and pari-mutuel wagers.
Online Betting
Delaware also offers online horse racing betting through the Delaware Online Horse Racing Wagering System. This system allows bettors to place wagers on races at both Delaware Park and Harrington Raceway. The system also offers live streaming of races and other betting options, such as Pick 3 and Pick 4 wagers.
Taxes & Fees
Delaware imposes taxes and fees on winnings from horse racing wagers. All wagers placed at Delaware Park and Harrington Raceway are subject to a 6.75% tax on winnings. In addition, all winnings over $5,000 are subject to an additional 1.75% tax. Wagers placed through the Delaware Online Horse Racing Wagering System are subject to a 12% tax on winnings.
Rules & Regulations
The Delaware Racing Commission is responsible for regulating horse racing in the state. The Commission has established guidelines for the conduct of horse racing, including the types of wagers that can be placed, the minimum wagering amounts, and the rules for determining payouts. The Commission also has the authority to suspend or revoke licenses for any violation of the regulations.
Conclusion
Delaware is an ideal destination for horse racing bettors, offering a variety of wagering options, including at racetracks, off-track betting facilities, and online. All wagers are subject to taxes and fees, and the Delaware Racing Commission regulates the conduct of horse racing in the state. With so many options available, bettors in Delaware have plenty of opportunities to place wagers on their favorite horses.