Horse Racing Betting for Massachusetts
Massachusetts may not have the extensive history with horse racing that other states do, but its residents still enjoy spending a day at the races. There are not many live thoroughbred racing days that happen at the state’s limited racetracks but residents are excited when races are held in the state. On top of the thoroughbred races that happen, there are simulcasts of races around the country and harness racing is enjoyed in Massachusetts as well. Despite the lack of tracks in the state, horse racing betting in Massachusetts is still extremely popular. Thousands of M.A. residents are members of the various offshore horse betting sites that offer exciting horse betting action every single day. The best part is that even though you may be in New England, you can wager on everything from the Triple Crown to the Breeders’ Cup. There are no limits of horse races you can bet on.
Every year, thousands of M.A. horse bettors contribute to the billion-dollar horse betting industry by heading to the tracks and placing their bets. There is nothing more exciting than watching a race and winning big off of your favorite horses. If you have yet to start Massachusetts horse race betting, we can point you in the right direction. Our complete guide will teach you how to bet the horses, where you can find legal horse betting, and the best online horse racing betting sites that you can join today.
Online Horse Racing Betting Sites
Although there are not many racetracks in the state, M.A. natives are still able to get in on plenty of horse racing betting action. Online horse racing betting sites more than make up for the lack of tracks in the state, with over 80 racetracks that horse enthusiasts can bet on. You can bet on Churchill Downs, Pimlico Race Course, Belmont Park, Gulfstream Park, and other popular racetracks around the country. There are no restrictions on the straight or exotic horse bets that you can place, and online racebooks will even reward you for wagering.
You can easily earn back more than 7% on both winning and losing horse bets with the daily rebates that horse betting sites provide. There are even some racebooks that will give you 10% more money on your winnings! If you are new to betting on horses online, there are helpful guides and friendly customer service agents that explain all aspects of the racebook. There are several horse betting sites currently accepting MA residents, but our recommendations would be SportsBetting.ag and Bovada.lv. Both of these online racebooks offer the best horse betting odds, selections of wagers, and reliable banking methods for sports betting in Massachusetts!
SportsBetting - Fastest Deposits + Withdrawals
SportsBetting.ag knows how to deliver when it comes to providing a top online horse racing betting experience. The latest horse betting odds, a variety of straight and exotic bets, and a huge selection of tracks are just some of what SportsBetting brings to the table. The online racebook has the most banking options of any online racebook. There is a convenient method for every type of horse bettor, no matter your budget. Bitcoin and other cryptocurrency deposits are the most popular way for horse bettors to fund their accounts because of the speed and reliability. No matter if you deposit the $20 minimum, the $25,000 maximum, or somewhere in between, the funds are instantly credited to your racebook account. You can also choose to use your Visa or MasterCard for instant deposits, and the deposit limits follow a $25 minimum and $5,000 maximum. If you are a high roller horse bettor, we suggest using a bank wire because there is no maximum to the amount you can deposit.
There are just as many withdrawal options at SportsBetting.ag as there are deposits. BTC withdrawals are the fastest way to receive your horse betting payout. Simply provide the cashier with your Bitcoin wallet address, and within 48 hours you can be sent a minimum of $20 to a maximum of $10,000. Paper checks are a traditional method that some bettors still opt for. The minimum withdrawal is $500 while the maximum is $2,500. The delivery speed can range from 7 to 30 business days, depending on the type of mail carrier you choose. Your winnings may take a while to get to you, but the sportsbooks will make sure your winnings will make it to your bank account.
Bank wire transfers can take anywhere from under a week to 15 business days to arrive, though this depends largely on your bank. The method has the largest withdrawal maximum ($24,900) which is why it is preferred options for horse bettors withdrawing large sums. SportsBetting offers one free payout per month, and while BTC withdrawals are always free, the payout discount is beneficial when using other payout methods. SportsBetting.ag has all of the online racebook features and banking options that MA residents need when betting on horses online!
Bovada - Best Bitcoin Horse Betting Site
When you are looking for the best online racebook, look no farther than Bovada.lv. The horse betting site has set the standard in what a quality racebook should provide. You will find Triple Crown betting odds, Derby betting odds, and all the other horse betting odds that you are looking for. When it comes to the various horse bets that you can make, the racebook accepts win, place, and show bets, as well as exactas, trifectas, and other exotic bets. With opportunities to bet on races occurring at 50+ Thoroughbred and harness racetracks in the US, you will never get bored at Bovada. The professionally designed and user-friendly racebook is also another plus. You can easily navigate from the tracklist to the bet slip and other sections of the racebook.
Bovada is also the only horse racing betting site to offer a deposit specifically for Bitcoin users. Bitcoin is the fastest and most reliable banking method on the market. There are no fees for using the payment option, and the funds are credited instantly to your account. The $500 Bitcoin Welcome Bonus will match your initial BTC deposit by 50%. All you have to do is make a qualifying deposit of $20 or more and you can earn up to an additional $500 for betting on horses. Use code BVSBITCOIN50 while at the cashier to redeem the reward. When you are ready to start betting the ponies, visit Bovada.lv for the best horse racing betting action!
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Is it Legal To Bet On Horse Racing in Massachusetts?
In 1934, Massachusetts created the State Racing Commission as a way to mark the beginning of legal pari-mutuel wagering in the state. The commission regulates all aspects of MA horse betting and ensures that licensees uphold pari-mutuel racing standards. By 2012, the power was transferred to the Massachusetts Gaming Commission who now oversees all gaming and horse racing activities within the state. The reason that gaming is included in the scope of power is because the state also legalized racinos- casino venues that also feature a racetrack or simulcast racing.
For new bettors, that means that slots are available in horse race tracks as well. The reason that simulcasts are legal in the state is in part to the Interstate Horse Racing Act- an act that permits racetracks from all over the US to legally transmit and accept wagers from other racing facilities. While sports betting in Massachusetts may follow a completely different set of regulations when it becomes legalized and regulated, MA horse bettors can legally bet at various locations in the state and bet on all races around the country.
How To Bet On The Horses In MA
Learning to bet on horses is not as complicated as it might seem. In fact, horse betting wagers are some of the most straightforward bets that you can make. Betting on the ponies are how most bettors get their start in the gambling world. There are two broad categories of horse wagers, the first being straight bets. Straight bets include win, place, and show bets on one particular horse. The “win” bet is betting on a particular horse to win the race. This is what most people associate horse betting with. A “place” bet is for the horse to come in first or second, and a “show” bet will see the horse finishing anywhere in the top three.
These bets are very simple and present a good chance of winning, which is why they do not have payoffs as high as exotic wagers. One other way to bet using straight wagers is “across the board”, which entails making a win, place, and show bet in one. If your horse comes in first, you receive all three payoffs. Second, you receive the “place” and “show” payoffs. Third, you only receive the “show” winnings.
Exotic bets like exactas, trifectas, and superfectas require more strategy and are harder to win. You will be betting on multiple horses and possibly even multiple races. That being said, the payoffs are also comparatively higher. In most instances, you will be betting on the exact order that horses finish in. An “exacta” bet is wagering on which horses will finish first and second, in exact order. A “trifecta” is the same principle but with the first three places, and a “superfecta” involves the top four finishes.
If it seems too tough to narrow down exactly how your favorites will finish, you can try boxing the bet. A “box” makes it so that the finishing order does not matter, and the horses only need to place in the top. For example, if you were to box a trifecta you only need to decide which horses you think will finish in the top three, not specifically who will finish 1st, 2nd, and 3rd. The payouts for exotic bets are much larger, so you have to be sure about what horses are going to do well if you want a piece of the winnings.
Betting On The Triple Crown
Every year, horse enthusiasts from all over the world anxiously await the first Saturday of May. It marks the start of the first race of the Triple Crown and the most well-known known race in the world, the Kentucky Derby. The one and a quarter mile race takes place at the historic Churchill Downs racetrack in Louisville, KY, and there are many opportunities for MA residents to get in on Derby Day betting. You can make a win, place, or show bet on your favorite horse, or make an exotic wager. Either way, you will be getting the best odds during the first leg of the race and you can bet that there are going to be a lot of others betting with you. With how famous the race is, you can potentially win a lot of money on this race!
The second leg of the Triple Crown takes place in Baltimore, MD, at the famed Pimlico Race Course. Horses run a total of 9.5 furlongs in hopes of securing the second jewel of the coveted Triple Crown. Preakness Stakes betting is very exciting because you have an idea of which horse may have what it takes to win it all. You can make a place bet to bet against the oversaturated win pool and still receive a good payoff. Straight and exotic bets are also available for you.
The third and final race sees the horses at the starting gate of Belmont Park in Elmont, NY. By this time everyone has what they consider a good idea of who (if anyone) will win the Triple Crown. Sure, betting on the favorite in the Belmont Stakes is where most would immediately go, but that may not be the most beneficial wager. Instead, box an exacta or trifecta to give yourself more possible winning combinations. We have all learned that anything can happen when it comes to betting on the Triple Crown, so boxing your bet lets you better account for the unexpected. But if you truly believe in a single horse to take the triple crown, then trust your instincts and make the bet so you can win big.
2023 Kentucky Derby Betting Odds In Massachusetts
The Kentucky Derby is arguably one of the biggest bet on events in Massachusetts regardless of it not taking place in the state. That comes as there are many different bets to choose from on the race that are not just the outright winner. You can also bet on different placings such as top-5 and top-10 finishes along with head to head odds between horses. Right now, Epicenter, Messier, and Taiba are the three horses with the shortest odds to win the 2023 Kentucky Derby.
Where Can I Bet On Horse Racing?
Massachusetts does not boast many options when it comes to live horse racing betting. Plainridge Park Race Course in Plainville is a live harness racing and simulcasting racino. The live racing season begins in April, but with simulcast racing available 7 days a week you will never run out of betting action. Simulcasts let you get in on the horse racing action all over the country. The venue also is home to a casino, entertainment lounge, and various dining facilities. To reach the racetrack from Attleboro, head northeast in MA-152 N/N Main St. and turn right onto US-1 N. Continue straight and the racetrack will be on your right.
Suffolk Downs is a live Thoroughbred racetrack in Boston, MA. Many championship horses raced at the 1-mile dirt track, such as Seabiscuit, Funny Cide, and Cigar. In recent years, the venue only holds select live horse racing events, though there is still a full simulcasting schedule at the racetrack. There are occasional festivals throughout the year for live horse betting action. Suffolk Downs is located off of William F. McClellan Hwy. Unfortunately, these are the only two race tracks that are available in Massachusetts. Because of that, most of the locals in the state go online to bet on the ponies. It’s faster and more convenient than having to go out and drive to a live track.