In New York, there may be rigid laws pertaining to online gambling, but there are still many ways to bet in the state. NY residents have long enjoyed the thrills of live horse racing and there are some great tracks in the state that support real money wagers on races.

The Best Online Horse Racing Sites

People have been betting on horse races since horses have been running. Betting on the outcome of formal horse races can be fun and profitable if you know what you’re doing and can beat the odds. Betting on Horse Racing For Dummies offers lots of info to help better your odds including advice on what. How to bet on horse races in NJ. Horse racing dates back to the 1830s at Freehold, but it was still illegal to bet on horse races in New Jersey until 1939 when voters backed an amendment allowing pari-mutuel betting at in-state racetracks. Along with 19th-century state lotteries, horse race betting is the oldest form of gambling in New Jersey. Gambling was formally banned in New Jersey from 1894 to 1939, but horse race betting was made legal again in 1939. Pari-mutuel horse race betting, both retail and online, is legal in New Jersey. History Of Horse Racing In New Jersey. The horse betting odds will fluctuate ahead of the race and finally settle at post time. Unlike traditional sports betting, you don’t lock in the odds on a horse at the time you place a bet. Instead, you get paid on winning bets at post-time odds determined by the amount bet on each horse relative to how much is bet on the others in the race.

• Get replays & past performances
• Contests to enter and win

Online bettors from the US have a number of great options when it comes to placing wagers at a trusted and secure site. For residents of NY, TVG has become a top choice for horse betting. Here, those who are signing up can grab the TVG welcome bonus when they make an initial deposit. Funds earned from this TVG bonus offer can be used to place wagers on many horse races that are supported and can generate amazing...

• Get replays & past performances
• Contests to enter and win

• Official site of Kentucky Derby
• Extensive handicapping library
• Detailed news archive

TwinSpires is one of the top-rated US horse betting sites and residents from NY are able to create an account and engage in the thrilling action of TwinSpires horse racing. This trusted site is always welcoming new members and those that create an account will have the chance to take advantage of the TwinSpires' features. With TwinSpires, there are many ways to place wagers and collect payouts while enjoying some of the best odds in the industry....

• Official site of Kentucky Derby
• Extensive handicapping library
• Detailed news archive

• Bet from most states
• Access to expert picks
• Adding sports & casino soon

BetAmerica offers betting opportunities across many different types of racing, including horse racing, greyhound racing, and harness racing. In this BetAmerica review, we take a look at their services and see what they have to offer new users. How to Register with the BetAmerica It will take just a few minutes for new members to create an account and they will then be able to begin placing wagers supported on the BetAmerica sports betting site. To get...

• Bet from most states
• Access to expert picks
• Adding sports & casino soon

Horse Racing in New York

All racing activities that take place in the state are overseen by the New York State Racing and Wagering Board and this will include off-track betting, harness racing, quarter horse racing, and thoroughbred racing.

Within the state, bettors can enjoy the action of racing at four different Thoroughbred tracks and seven Standardbred tracks. While live betting at these venues has been a popular pastime for many years, there is also the opportunity to engage in off-track betting.

With this option, bettors can place wagers on races that are being run in different locations.

How did Horse Betting Become Legal in NY?

Long before online gambling could be visualized, Capitol Hill lawmakers were tackled with interstate off-track betting. Up until 1970, Nevada was the only state that allowed off-track betting. Bettors in one location were given legal room to bet on horse races that are taking place on another track. Thanks to TV’s broadcast live feeds of distant races, audiences in an off-track betting facility could bet and watch the event in real time without stepping on the racetrack.

All that changed when New York went ahead and legalized off-track betting parlors in 1970. This created huge businesses in the Empire State by connecting New Yorkers to racetracks all over the country. After some time, hundreds of off-track betting facilities started to sprout all over New York City as well as the upstate area.

By the year 2000, a powerful amendment was passed (Interstate Horse Racing Act 2000) which expanded the activity to include the pari-mutuel wagers placed via the internet. From that point forward, betting over the internet was now legal within the US. And since New York had already allowed interstate off-track betting, the law also applied to New Yorkers.

Many of the top-rated racetracks in NY offer simulcast races, so bettors have the chance to place wagers on events that are being held all over the world, increasing their chances of winnings and enhancing the betting experience.

In New York, bettors will have a wide selection of live tracks to visit and wager. These include popular venues that are known to host some of the hottest and most popular horse races being run.

The available tracks within New York include:

• Aqueduct Racetrack
• Batavia Downs
• Belmont Park
• Finger Lakes Gaming and Race Track
• Historic Track
• Monticello Raceway
• Saratoga Race Course
• Tioga Downs
• Vernon Downs
• Yonkers Raceway

Betting on Horse Races Online

Even though there are a number of top-notch racetracks in the state of NY, some bettors will want more betting options and will turn to online sites that support real money bets on horse races.

Our Top 3 Horse Racing Betting Sites

BetAmerica

BetAmerica is the US top horse racing sites and is fantastic for punters since it covers horse racing, harness racing and greyhound racing, but you can bet on these events all around the world. BetAmerica Horse Racing features over 200 horse racing tracks from around the world including Canada, Australia, Ireland, and the United Kingdom. However, US domestic tracks get special attention.

The wagering process works exactly the same as if you were actually on a track and you receive full track odds on all winning wagers. Major horse racing events such as the Kentucky Derby, Belmont Stakes, and Breeders Cup are well represented. BetAmerica additionally offers a great mobile app that you can access while you are on the go.

TVG

TVG is famous for their easily available tips and handicapping. At TVG, you can find expert daily picks, past performances and races replays, and all of this for free. TVG first started as a TV network that was known for broadcasting horse races. When online wagering became legal in the US, an online site was added that now allows bettors to enjoy extensive TRVG horse race betting. The site has a number of high paying TVG bonus offers and there are always new promos being presented.

To place a wager, you just register or login, select your race from the track list dropdown menu and you can monitor your slip in real time right away.

Twinspires

TwinSpires is the official partner of the American classic that heads off the Triple Crown. It should therefore be your favourite online operator, if you annually bet on on the Kentucky Derby. Members can enjoy a variety of different rewarding TwinSpires promotions featured on the site and TwinSpires offers some best odds in the industry.

Of course, other global races and tracks are supported on TwinSpires as well. You can find special information about them in the blog section, thoroughbred news, and content about harness racing.

What are the Best Horse Racing events to Bet on in NY?

If you are a thoroughbred betting enthusiast, then you’ll be impressed by the runner competitions organized in New York. The events come in plenty all year round depending on the season. If you have time on your hands, you can watch some of the most exciting races in history live at the stables. In case you are on the lookout for some of the best horse racing events to bet on in New York, we’ve got your back. Here are a few options that will blow your mind and earn you solid payouts if you make the right predictions:

Belmont Stakes

Belmont Stakes is an American thoroughbred horse race which takes place on the first and second Saturday every June. You can catch the action live at Belmont Park, in Elmont New York. It is known as the “Championship Track” because nearly all American champion runners have competed in the Track. With it’s wide, long homestretch and sweeping turn it is considered to be one of the fairest tracks.

Jockey Club Gold Cup

Established in 1919, it is a thoroughbred race open to horses of three-year-old gender and above. It is the main event of the fall meeting at Belmont Park. Just like Belmont Stakes, the event is a spring meeting.

Wood Memorial Stakes

This is an American flat thoroughbred horse race for three-year-old horses, which takes place annually in April. The runners go head to head on a 9 furlongs dirt track at the Aqueduct Racetrack in Ozone Park, Queens New York. This event was ranked as a Grade II event since 2017, but before that, the grades were switched back and forth from Grade I.

Types of Horse Racing Bets Available

When it comes time to begin placing bets on horse races in New York, one will find they have many great options that can yield impressive payouts. So first of all, you will want to make sure you know exactly how to talk about NY Horse Betting.

Most used Horse Betting Terms

Here is an explanation for the most used Horse Betting Terms:

• Blinkers: Blinkers are also known as blinders. These are devices shaped like cups that cover the horses’ eyes. This narrows their field of vision to just the track ahead of them.
• Win: This is the most basic type of bet that you can make. You just predict the winner of the specific race.
• Daily Double: This is a bet that requires wagers to pick the winners of two highlighted races. Typically, this races happen in a row.
• Handicap: This is where a weighting system is added to the better horses in order to even up the odds in the race.
• Colt: This is a young male horse.
• Filly: This is a young female horse.
• Pari-Mutuel: This is a type of bet where the bets end up pooled together and then the pay out is determined by the amount of bettors who picked the winning horse.
• Place: This is a bet where bettors decide whether they think a horse will place first or second.
• Show: This is a bet where bettors decide whether a horse will finish first, second, or third.
• Trifecta: This is a bet where bettors choose which horses will place first, second, as well as third.
• Furlong: This is a measure of distance.
• Exacta: A type of bet where you have to choose the first and second place finisher in the correct order.
• Gelding: A hard to control horse who ends up getting neutered to make him easier to control.
• Harness Racing: A type of race where jockeys ride in small carts behind the horses.
• Post Position: This is where the horses are in position in the starting stalls that is in relation to the position of the rail.

Horse Gambling Sites

What are best bets to place?

Many new bettors will begin placing straight wagers as these are the easiest to place and the simplest to understand. There are a few Straight bets that are supported at leading horse racing venues in New York.

Here, one can bet to Win, Place, or Show. All of these can provide some great payouts based on the amount of the bet.

For those that are seeking a bit more action and wish to win more from the races they bet on, exotics may be a better option.

These are a bit more complex than Straight bets but they will offer more in terms of payouts when they win. Exotic bets can include Exacta, Trifecta, Superfecta and Box bets.

Bettors will also have the ability to place Multi-Race bets at some of the leading horse racing locations in New York and with these, one will be selecting the winner on consecutive races.

These bets include Daily Double, Pick Three, and Pick Four.

With so many betting options available, those visiting tracks in New York or betting at trusted online sportsbooks will find they always have great ways to wager and some outstanding opportunities to collect high paying returns.

Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. What are all of these options? Here’s all the lingo you need to know before you place your first bet:

The Basics

Winbet – A bet on a horse to finish first.

Place bet – A bet on a horse to finish first or second.

Show bet – A bet on a horse to finish in the money; third or better.

In the money – A horse that finishes first, second, or third.

Across the board – A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways (place, show); and if third, one way, losing the win and place bets. It’s actually three bets.

Morning line – The odds that the track handicapper predicts a horse will go off at.

Ready for the Next Step?

Exotic (bet) – Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4.

Daily Double (or Double) – Type of bet calling for the selection of winners of two consecutive races.

Exacta – A wager in which the first two finishers in a race, in exact order of finish, must be picked.

Box – A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses.

Horse Gambling Calculator

Exacta box – A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order (2-6, 4-2, 6-4, etc.).

Horse Race Gambling

Trifecta – A bet in which the first three finishers must be selected in exact order.

Trifecta box – A trifecta wager in which all possible combinations using a given number of horses are bet upon.

Pick (6 or other number) – A type of multi-race bet in which the winners of all the included races must be selected. Pick 3, Pick 4, Pick 5, Pick 6 are commonly used by tracks in the United States.

Brush Up on Gambling Lingo

Bounce – A racehorse’s especially poor performance on the heels of an especially good one.

Chalk – Betting favorite in a race.

Chalk player – Gambler who wagers on favorites.

Key horse – A single horse used in multiple combinations in an exotic bet.

Horse Gambling Movies

On the board – Finishing among the first three.

On the nose – Betting a horse to win only.

Overlay – A horse whose odds are greater than its potential to win. Professional bettors target overlays, meaning they target bets that offer better than fair value odds.

Underlay – A horse whose odds are less than than his potential to win. Betting horses whose odds are worse than fair value is a poor strategy.

Parlay – A multi-race bet in which all winnings are subsequently wagered on a succeeding race.

Horse Gambling Terms

Speed Figure – A metric that rates a horse’s performance in a race, which is determined by a combination of the horse’s performance and the level of competition he/she competed against.

Horse Gambling Sites

Wheel – Betting all possible combinations in an exotic wager using at least one horse as the key.