So, you found a brand-new sportsbook on the internet! There are a whole lot of new betting sites springing up with the news that sports gambling legalization could be right around the corner.
Most of the best new sites have in-house racebooks and a variety of markets on horse racing, giving track junkies a wide range of options in signing up for new accounts.
But no pair of betting sites is created alike. Some are low-budget operations that tease new bettors with big sign-up bonuses and friendly odds. Others roll out the red carpet with 24/7 help available by chat or phone. Still others offer so many lines on so many races that it can feel overwhelming.
We’ve taken the time to research a few of the top-ranked new horse racing betting sites on the web.
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Choosing from New Sites for Horse Race Betting
Before looking into opening an account with a new racebook, browse around the site and see what you’re getting into. What markets is the company catering to the most? Some betting sites like to offer futures far in advance of the Grand National and other time-honored sweepstakes. Others market themselves for daily or weekly horse racing bettors who love to play the ponies in real time.
It may sound cynical, but try to figure out how much capital is going into the operation. Is there an updated blog or other friendly introductory content? Or just some odds stuck up on a board and a few sentences of instructions here and there?
The best new horse racing betting sites have money and staff hours to manage a helpful and reliable racebook. Remember not to worry, as gamblers often do, that you are “paying for” any deluxe accommodations or state-of-the-art web design. Horse race betting odds are driven almost entirely by the gambling action itself. Greedy bookies can’t easily intervene and try to improve their cut.
There is no substitute for a racebook that is easy to browse on multiple sites. Recreational gamblers can’t always spend all day glued to a laptop and looking for the latest movement in the odds, as career horse race handicappers do. A smooth and efficient site saves time and headaches for the new user and allows him or her to spend valuable hours reading up on the ponies instead of fighting the interface.
Getting Started with a New Racebook
It’s never a bad idea to read the fine print when signing up at a sports betting site. But when a new horse racing betting site is first introduced to the public eye, it’s even more important to look carefully.
Security is the first and foremost concern. Read as much as you can about methods of determining the legitimacy of new horse racing betting sites, and search for the new website’s brand name on internet sports gambling forums. If a site is sketchy about disclosing personal information or paying out on time (or at all), users will quickly share a warning about the site in question.
Once you’re satisfied that your personal info will be safe with a new betting site, surf around and see if it matches the following criteria for the best racebook user experience.
Horse Racing Betting Sites Should Be Easy to Use
Sites should be versatile and well-designed enough for easy browsing and transactions from almost any device. Professional gamblers will want absolute reliability and as much 24/7 assistance on hand as possible. They’ll be spending lots of time in their office or in front of a laptop, analyzing the odds and timing the best bets on every sweepstakes.
Meanwhile, racebooks that specialize in mobile device usage are a valuable resource for the recreational gambler. Accessing your account from work or a restaurant or the DMV can not only save time but also money. Sometimes the odds change so fast that a great wager has to be made quickly.
If you are happy with the security features and browsing options at a new sports gambling site, the next step is to make sure you sign up with the most beneficial conditions.
Avoid a Sign-Up-Bonus Trap
Just about every sports betting site offers a “sign-up bonus,” marketed as free cash with which to place bets and grab winnings. But there’s a big fat catch.
Sportsbooks give players a mandate to bet their entire initial deposit before a withdrawal can be made. That’s a reasonable request. If such a rule didn’t exist, many users would sign up, collect the bonus, and withdraw the total without bothering to bet.
But sign-up bonuses come with a rollover. A “4x” rollover indicates that 4 times the gambler’s initial deposit must be gambled before any withdrawal can be made. If that sounds prohibitive, some betting sites demand twice that number of entire-stake wagering, calling for an “8x” rollover.
So the sign-up bonus is actually there to lure you into the system and allow the book to recoup the bonus cash before it’s available. A large number of bets puts the numbers firmly in favor of the house.
Thankfully, you can avoid the nonsense with a little elbow grease.
Declining a Sign-Up Bonus and Rollover Deal
Racebooks don’t make it easy to decline the sign-up bonus. But by law, casino entrepreneurs in most localities have to give the player options. They can’t make you accept the “free money” and the rollover deal if you don’t want to.
If you’re not sure how to decline the sign-up bonus on a betting site, call the phone number on the site. Racebooks are always interested in new customers. If they’re smart, they’ll be available to help gamblers get the account sign-up they’re comfortable with.
Before creating the account, remember to read the entire agreement carefully and have a game plan ready to work around any complicated sign-up deal that you do agree to.
Varieties of Odds and Bets at Horse Racing Sites
Any new horse racing betting site worth its salt will offer a wide variety of betting options. Here are just a few of the most popular markets.
A straight wager is a bet on a single horse, usually to win a race. It is the simplest wager found on the racebook’s betting board. The related “show” wager is a bet on a horse to finish 1st, 2nd, or 3rd, also known as “in the money.”
3 more time-honored bets are the exacta, trifecta, and superfecta. Those betting markets ask for the winner and place, the win, place, and show, or the 1st, 2nd, 3rd, and 4th finishing horses in order, respectively.
Bettors can choose to “box” exactas, trifectas, and superfectas, however. To box those bets means to create a winning scenario if the group of 2, 3, or 4 horses finish on top in any order.
The Daily Double asks gamblers to pick the winners of 2 consecutive sweepstakes with the lure of a nice payoff on the winner. The market is more common at betting sites dedicated solely to daily races.
To learn more betting jargon and catch up on the general terms of horse racing, visit LegitGamblingSites.com’s complete horse racing glossary using the link below.
Where to Find News and Betting Tips on Horse Racing
A great deal is said and written about horse racing on the web. Bettors who prefer the short and to-the-point reporting of MSN or the LA Times must only search for a few moments to find the best mainstream predictions. Other consumers prefer the in-depth analysis of horse race handicapping blogs. Like this one.
But it’s as important to recognize red flags from bloggers as it is to recognize a dodgy betting site.
Be skeptical of any predictions made at the racebook’s own blog pages. Sportsbook bloggers genuinely love sports and do a good job of being informative. But they aren’t there to handicap races with 60% or even 55% success. If they ever did, the casino might be put out of business!
It is also a bad idea to ever pay for picks. The picks usually aren’t worth selling, and “Famous Handicapper Jack Brown” is often actually a 25-year-old kid making the picks out of magazines.
Horse Race Betting Tips and Tactics
Are you a new gambler signing up to a brand-new horse racing betting site? That sounds like an accident waiting to happen…unless you do the smart thing and consider some ways to get your horse racing betting hobby started out on the proper path.
Have a Game Plan
It is very important to write down a list of goals and rewards you would like to get out of the horse racing betting experience. Not only will this process help to avoid losing cash on bad bets, but it will also impact how you read the odds and what stands out on the racebook’s board.
Early wagers on “sleeper” picks for the Triple Crown are a low-risk proposition to consider when starting out. Kentucky Derby hopefuls show up on betting boards as early as Christmas. Most are offered at 50-to-1 odds or longer. It may only take a few bucks placed down on a bet on an eventual Derby qualifier who can turn couch-cushion money into gold with a single great race.
But over time, it helps to pick out a less-legendary race or two and pick a few favorites or co-favorites to win. The odds are a lot better that such a wager will end in a winner, and nothing replicates the thrill of playing the ponies in the minutes leading up to post time.
Don’t Go for Miracle Combinations
Horse racing bettors have always told stories about hitting long-odds trifectas so sweet that they pay for whole semesters of college. The media loves to report freakish tales about how some lady in Australia won a superfecta and got a $400,000 reward. But there’s a reason those feel like tabloid headlines. They’re rare occurrences…and often aren’t even real.
Racebooks come out way ahead on trifecta and superfecta bets. Statistics show that the chances of two or three events working out as predicted are quite long compared to a single placement working out correctly.
The most cost-efficient bets over time are those placed on a single horse to win, place, or show, or on “boxed” trifecta bets in which three favorites can come in 1st, 2nd, and 3rd in any order and still produce a winning slip.
For more tips on horse race betting strategy, visit our page below.
Look for Special Deals at Brand-New Racebooks
New betting sites must work for new business. Smart bookies will offer specials, perks, and rare odds when trying to build a new racebook from the ground up.
Stay in good contact with the odds-manager at an upstart betting site and build a relationship. You might be in line for a special non-rollover bonus deal on your next deposit.
If new sites don’t use every tactic there is to try to build a base of accounts quickly, they’re racing in the wrong direction.
Check Out Some Horse Race Betting Apps
A majority of the best new horse racing betting sites offer downloadable apps to make the experience even more convenient for those playing the ponies. Check out the following link and learn more about horse racing apps available for free download in the USA and beyond.
More About Horse Racing
Want to learn more about surfaces, breeds, sweepstakes, and gambling rules for racehorses on many continents? Visit these LegitGamblingSites links for more info.