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Bonus funds must be rolled over once at odds of 2. This offer is only available to users who deposit with debit cards. OfferStation gives you access to the best sports betting offers in your inbox each week. Slide to the right if you are not a robot. Sign up and receive the activation email. Remember to check your spam folder. Sit back and relax. You will start receiving weekly exclusive offers! This Privacy Notice applies to your personal data processing on this website, and not to data processing that may occur on any other services or web sites.

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Essential modifications might be necessary if we, for instance, we launch new services, deploy new technologies and process your data for new purposes. It is not an easy task to select which site has the best betting offers since there is a multitude of factors which come into play. It goes without saying that each person will have their own views on which site has the best betting offers. For some, it may be the site with the best betting promotions and for others, it may be which one has the best facilities for mobile betting.

Apart from these two considerations, we will also base our analysis on the sites betting market, deposits and withdrawals as well as customer service. Back in , when the Mansion Group announced that they would be expanding into the sports betting market, everyone was excited. The Mansion group has some serious links to the sporting industry, with many notable sponsorships from major Premier League football teams.

Their move into sports betting was a smart business move, and it has certainly paid off well. In our list of the sites with the best betting offers, Mansionbet is a top runner. However, where it shines exceptionally bright is with regards to their welcome bonus. This is easily one of the best betting promotions around and is miles ahead of the competition.

This shows their intention to separate themselves from the herd into a league of their own. Mansionbet offers new players the opportunity to kick things off to a good start with their amazing welcome offer. This applies to any new player who signs up and makes a deposit. All you have to do is enter the promo code when prompted to do so, and you will automatically be given one of the best bettings offers around!. First of all, it is necessary to explain what a betting market.

A betting market is a place where sportsbooks show the various odds for the outcomes of different sporting events. Each sportsbook will have their own unique market where punters can place their bets. It is possible for a market to be very basic, such as providing odds on a particular football team to win. Or more complex, like providing odds for the number of goals that will be scored or the number of tackles that will be made. It is generally established that sportsbooks with the best sports betting offers will contain a diverse betting market.

They give punters the options of spreading their bets across various odds instead of going all or nothing on a win. The best betting offers in terms of the betting market in our opinion is EnergyBet, who offer a huge variety of odds. For example, there is a total of bets that can be made in the football category alone! There are a number of sports which you can bet on including basketball, ice hockey, tennis, darts and even e-sports such as counterstrike and Dota.

They even have the option of betting on big talent series such as Americas got Talent! They have really taken variety to the next level and it is more than welcome. Their live betting option which allows punters to bet on current in-play events is also worth a look. The only thing which would make their service better is if they offered live streaming.

But as this is a category-based analysis, EnergyBet takes the gold medal for their amazing betting markets! When it comes to sport betting, having a mobile app is a necessity. This is why mobile betting apps have been praised throughout the sport betting world. However, simply having an app is not enough. What is equally important is to have an app that is easy to navigate, has a sleek design and is user-friendly.

When looking at these characteristics one site sticks out for the best betting offers in the mobile app department, and that is Matchbook. After conducting a complete overhaul of their main site for desktop users the software team decided to do the same with their mobile betting app. What they have done, better than any other site, is make their mobile platform extremely familiar to their desktop site users. It just feels as if the app and the desktop version are one entity and using both of them together is seamless.

What we now have is two platforms where players can access some of the best betting offers around. More importantly, the design of the app is absolutely stunning. This is largely due to the fact that the team completely refurbished their desktop version which made it easier to build their app around it so that the two complement each other. The app is available for both iOS and Android users. When considering which site offers the best betting offers in terms of withdrawal and deposit options, we looked at the turnaround time for making deposits and withdrawals.

We also took a look at the minimum amounts for both as well as the variety of banking options available. With all of these factors considered, 10Bet undoubtedly has the best betting offers when it comes to making deposits and withdrawals. The amount of time it takes for your deposits to reflect on your account is instant and withdrawals are extremely fast never exceeds 5 days. There are a total of 8 ways that punters can deposit funds into their account which includes debit cards, PayPal, wire transfer and e-wallet to name a few.

Withdrawing funds from your account can be done in the same way as you deposited. If you choose a different method, there may be some security checks. We use the information you give us to send you marketing emails that might be interesting to you. We will only use your information for the stated purpose if you expressly consent to it. You can withdraw your consent at any time, which is explained in this Notice under the section about your rights.

We only process data that we really need for the explained purpose. We are tending to keep your data up to date and to store them securely. We do not process your data for period longer than it is necessary for the purposes for which data is processed. We use technical and organizational measures in accordance with good industry practice to secure your information.

Your data are shared with and transferred to the Oracle Corporation, which is the provider of the Eloqua marketing automation tool that we use to facilitate email marketing activities. Privacy Shield, which guarantees that adequate data protection standards are in place when your data are transferred. Under the GDPR you are entitled to:. If you feel that your rights regarding data processing are violated, you have the right to lodge a complaint with your local data protection authority.

If we make essential modifications to the Privacy Notice, you will be properly notified in advance, so that you can review changes before they become effective. Essential modifications might be necessary if we, for instance, we launch new services, deploy new technologies and process your data for new purposes. The Grand National saw a massive 19 of the 40 runners complete the race , but the race was marred by the fatal injury to Up For Review, who was brought down at the first fence.

The Grand National runner-up — Pleasant Company — was still in with a chance until unseating at the 27th fence. Gold Cup runner-up, Anibale Fly, who was also fourth in the Grand National, filled fifth, with the winner — One For Arthur — running a respectable sixth.

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The state also has great online sites and apps for residents. Pennsylvania is a great state for sports betting and has a lot of different options for motor racing betting. Currently, there are 12 retail sportsbooks in Pennsylvania and six in Philadelphia alone. There are also four online betting sites with corresponding mobile apps and five more in the works.

Motorsports betting is available at all sportsbooks and online sites. Indiana is one of the newest states to introduce sports betting to residents having opened their first retail sportsbook on September 1st. Online betting came soon after and went live earlier this month. There are also 15 casinos, all of which have a retail sportsbook.

Motorsports betting is quite big within the state due to the annual Indianapolis West Virginia was the fifth state to announce legal sports betting in — after New Jersey, Delaware, Mississippi and Nevada. They were also the third state to offer legal online sports betting in December Currently, there are two online sportsbooks. Originally, there were three others, but they were suspended after a disagreement between the casino owner and sportsbook provider.

Motorsports betting is available at all retail and online sportsbooks. There are a lot of other states where sports betting is legal, they are just not as established as some of the former states. Montana, Iowa, Illinois, Tennessee, New Hampshire, and North Carolina have all legalized sports betting, but their official launches are still pending. Below are some other states with active betting facilities. Nevada was actually one of the largest opponents for legalizing sports betting because prior to the PASPA repeal they basically had a monopoly on the industry.

Arkansas just launched sports betting this year and currently has one sportsbook accepting bets. The Oaklawn Racing Casino Resort allows betting on motorsports and horse racing as well as all other traditional sports and events. Currently, they only allow online betting at the retail space and plans for a full online launch are unclear.

They just underwent an expansion and will be adding more than horse racing to their roster. Delaware was actually the first state after the repeal to legalize sports betting. They were also one of only four states to have already had sports betting laws in place prior to the repeal of PASPA.

Delaware has three retail sportsbooks all of which offer motorsports betting in addition to other sports wagering. Though they already have online betting in place — they are expected to expand this to include sports betting shortly. Mississippi legalized sports betting in and has 23 sportsbooks taking bets including motorsports betting.

Currently, however, they do not offer mobile betting off the grounds of retail locations. Meaning, you have to be physically present in a licensed facility to make any wagers online. New Mexico has some tricky sports betting laws. There are plans for plenty more to open in the coming year and motorsports bets will be taken at all of them. However, online sports betting is not currently legal.

With how quickly things have changed and moved, it seems likely that the industry will open up soon. Oregon was one of the four states to have already had sports betting laws in place before the PASPA repeal. The Oregon Lottery will be introducing a sports betting app; Scoreboard, in the coming weeks.

Sports betting is legal in Rhode Island and they have two sportsbooks currently opened with motorsports betting available at both of them. However, though they passed online and mobile betting in March , neither launch date has been set. The world of motorsports betting is not just limited to betting on who you think will win. There are a variety of options for auto racing bets. Listed below are some bets and a brief explanation of how they work.

If you plan on betting, make sure to consult odds and consider legalities in your state. Betting is a great way to win some extra cash — but always be sure to think about taxes and set yourself up for success. A prop bet or side bet refers to any bet nondependent on the outcome of a game. For instance, this would include a bet about who is going to score first in a game or the number of strikeouts. Any variety of happenings within an event can be subject to a prop bet.

In the world of motorsports, there is generally a qualifying lap or laps to determine starting placement when the race begins. Though it is sometimes referred to as Pole Position, in motorsports betting it has become known simply as Fastest Qualifier. Those betting on Fastest Qualifier should assess the particular conditions of the race including the cars involved and then place a bet on which driver they think will be fastest.

The Winning Margin is a bet on the length of time between the winner of the race and the driver who comes in second. Generally, a sportsbook will list some options for margin times and the bettor will have to deduce which is most likely. The Top Six Finish bet is one of the easier motorsports bets to make. This type of bet has the highest probability of turning a profit. The Podium Finish bet — like Top Six Finish — is a bet about whether a driver will finish in the top three.

On some motorsports betting sites, it is even referred to as Top Three Finish. This bet involves choosing which of two drivers you believe will finish first. Reading odds for motorsports betting is pretty straightforward. Though there are a lot of types of motorsports, generally odds are read in the same manner. It will also show you what your payout will be if you win.

Between sites and apps, online sports betting options are abundant. The industry is growing consistently with new online choices added daily. With this rise in popularity and availability also comes advancements in technology. Live streaming has revolutionized the way sports are watched and how bets are made. Not only can you watch sporting events from almost anywhere in your country, but you can also watch events from around the world!

This has affected sports betting in a number of ways. Betting sites now offer live streaming for users on their sites and apps. This is particularly interesting for motorsports because of the sheer size of the industry. Online horse racing betting is legal in most US states. In fact, licensed horse racing betting sites in the USA have agreements in place with local tracks that allow fans across the country to watch live simulcast races and bet on races held around the country.

All racebooks listed on BettingUSA. On this page, BettingUSA. Strong regulations at the state level ensure a safe experience at licensed horse racing betting sites, but some online racebooks and horse betting apps stand above others when it comes to the number of tracks covered, wagering interface, handicapping tools and value of promotions. Horse racing betting sites use signup promotions and deposit bonuses to compete for new business and to enhance marketing campaigns.

Signing up for a mobile betting account almost always entails receiving a deposit bonus or some other monetary incentive designed to entice new customers. Understanding how horse racing betting bonuses and promotions work is important as no two promos are the same and all come with certain terms and conditions that impact their bottom-line value. In this section, BettingUSA will explain how horse racing bonuses work and what customers should know before they sign up.

Legal horse racing betting sites operate in most US states today aside from a handful of exceptions due to unclear or unfavorable laws. The following map displays where legal horse betting sites are available blue and where they are not red. Nebraska Betting Law New Hampshire no longer has any active racetracks but state residents may bet online at: www. State residents may bet online at: www. Alaska Betting Law Georgia does not have any racetracks and parimutuel wagering is outlawed.

Georgia Betting Law There are no racetracks in Hawaii and state law forbids racing betting. Hawaii Betting Law Maryland is home to four thoroughbred racetracks and two harness racing tracks. Mississippi Betting Law Nevada does not have any active racetracks at this time and online racing betting is prohibited.

The only races that occur with any regularity in Nevada are those held during the White Pines Horse Races event each year in Ely. Nevada Betting Law North Carolina does not have any dedicated horse racing tracks and parimutuel wagering is outlawed. Racing fans can check out the annual Queens Cup Steeplechase for live racing action.

Parimutuel and online betting are not allowed in South Carolina. South Carolina Betting Law Utah has a couple of minor racetracks that hold races only a few days a year. There is not much of a horse racing industry to speak of and all racing betting is outlawed. Utah Racing Law Colonial Downs is the only racetrack in Virginia and state residents may bet online at: www. Arizona Betting Law Iowa is home to one horse racing track and one greyhound racetrack.

Missouri Betting Law Vermont no longer has any horse racing tracks. State residents may bet on races held elsewhere online at: www. Customers must be 18 older to participate in parimutuel wagering in Alabama. Alaska does not permit much by way of gambling, horse racing betting included.

Arizona horse racing law is fairly restrictive as it only allows wagers to be phoned in rather than placed online. As a result, TVG is the only mainstream racing betting site that accepts customers from Arizona. Arkansas law permits advance deposit wagering providers ADWs to provide online betting to residents 18 or older. Regulations posted here pg. Most major racing betting sites operate in California and are open to customers 18 or older. Colorado law permits online racing betting and the Department of Revenue maintains a list of authorized ADWs here.

Bettors must be 18 or older to bet on horse races in Colorado. Advance deposit wagering is legal in Connecticut although state law on the issue is unclear. The Gaming Division under the Department of Consumer Protection recognizes Sportech as the sole authorized provider of online racing betting in Connecticut, but major ADW operators still offer their services to residents under a different interpretation of state law.

The Delaware legislature has never gotten around to formally legalizing online horse wagering, but several large ADWs do operate in Delaware under an understanding of state law that could be interpreted to permit online racing betting. Advance deposit wagering is permitted in Florida but is not subject to licensing requirements or regulatory oversight. Florida lawmakers attempted to pass legislation in to address online horse racing betting, but the bill was poorly worded and failed to advance.

Currently, most major betting sites accept Florida residents. Read more: Florida Racing Betting. There has been talk in recent years of opening the state to parimutuel wagering, but this is still a work in progress. Hawaii prohibits gambling across the board and horse racing betting is no exception. There are no in-person tracks, ADWs or legal betting sites open to residents. Lawmakers have introduced bills in the past to legalize horse racing betting, but have been unable to get anything past the finish line to date.

Idaho regulates advance deposit wagering see regulations here and requires operators to apply for licenses to offer online racing betting. All big-name ADWs operate in Idaho today. Most of the biggest names in mobile parimutuel wagering accept Illinois customers. The Indiana Horse Racing Commission regulates horse racing, wagering and advance deposit wagering activities throughout the state. State law specifically authorized online racing betting, and all operators are required to acquire a license from the Commission prior to accepting wagers from Indiana residents.

Advance deposit wagering is legal in Iowa provided operators go through all the necessary steps to acquire a license from the state. State law on horse racing requires operators to reach agreements with local racetracks and horse racing organizations to determine source market fees and other issues, but there has been some controversy over the years with numerous out-of-state operators accepting wagers from Iowans without having such agreements in place. Kansas horse racing laws do not specifically discuss advance deposit wagering, but several major ADWs have accepted Kansas residents for years without issue.

KRS Chapter addresses the conduct of advance deposit wagering in Kentucky. Currently, residents 18 or older have access to a variety of licensed betting sites. Maine enacted legislation in ordering the Gambling Control Unit to hold a competitive bidding process to award one operator sole control over advance deposit wagering. Maryland law does not address online betting but the majority of the major ADWs in the US accept customers from Maryland.

The minimum age to bet online through an ADW service is Massachusetts law allows advance deposit wagering and most major betting sites operate in the state. Parimutuel horse racing betting is overseen by the Division of Racing under the Massachusetts Gaming Commission. Michigan approved new online racing betting legislation at the end of to establish a licensing process for ADWs. Under Michigan law, operators must apply for a license, provide a proposed plan of operation and pay a fee prior to offering mobile racing wagering to residents.

Advance deposit wagering providers are required by MN law to acquire a license in order to offer online wagering to residents. MN law establishes a minimum age of 18 to participate in parimutuel horse wagering. Mississippi has been slow to embrace horse racing betting.

Online wagering is prohibited to this day, but retail sportsbooks at casinos are allowed to offer parimutuel horse wagers. Missouri law does not address advance deposit wagering. Many ADWs interpreted state law to prohibit online racing betting, but BetAmerica does offer its services to residents. The Montana Board of Horse Racing oversees the conduct of horse racing and parimutuel wagering, including online betting.

Numerous ADWs are licensed and offer their services in Montana today. Parimutuel wagering is legal in Nebraska but state law does not clearly address the legality of advance deposit wagering. Some lawmakers have argued that online betting platforms violate state law, but the opinion is not universal and some ADWs do offer their services in Nebraska. State law enforces a minimum age of 19 to bet on horses. Horse racing betting is legal in Nevada, but only through authorized sportsbooks.

Residents and visitors may also register for mobile betting accounts at land-based casinos to bet on horses through mobile sportsbooks from anywhere within state lines. New Hampshire law clearly permits parimutuel wagering at racetracks and is unclear on the status of online betting. New Jersey allows advance deposit wagering but limits online betting to two licensed providers. New Mexico horse racing law is unclear on the legality of advance deposit wagering, but several operators have offered their services to residents for years without issue.

Customers must be 18 or older to bet on horse races in New Mexico. New York law allows online racing betting providers to apply for licenses from the state to offer advance deposit wagering to residents. In New York, the minimum age to bet on horse races is The law in North Carolina does not allow for horse racing betting except at licensed sportsbooks.

Online racing betting is legal and regulated in North Dakota. All major parimutuel betting sites are available in North Dakota. Read more: North Dakota Racing Betting. The legality of advance deposit wagering is debatable in Ohio. State law on horse racing does not specifically address online betting, but the Ohio State Racing Commission does have rules in place governing telephone wagering.

Debate aside, most ADWs accept Ohio residents. Oklahoma racing regulations allow account wagering by telephone but do not specifically address the legality of online and mobile wagering. However, most ADWs operate in Oklahoma and allow customers to place wagers online. Most of the major US racing betting sites are licensed and active in Oregon today. Pennsylvania law authorizes advance deposit wagering and the majority of ADW operators accept residents. Customers must be 18 or older to bet on horses in Pennsylvania.

Rhode Island regulations touch on simulcast wagering but do not specifically address online wagering. However, most advance deposit wagering operators offer online betting in Rhode Island. South Carolina gaming laws prohibit most forms of betting across the board. This makes South Carolina one of just a handful of states with no legal horse racing betting whatsoever. South Dakota law permits advance deposit wagering and requires all operators to acquire a license prior to accepting wagers from residents.

Tennessee law on advance deposit wagering is unclear. The law that formerly authorized parimutuel wagering was repealed in , but numerous US-based racing betting sites still accept customers from Tennessee. Texas permits in-person wagering but amended the Texas Racing Act in to prohibit advance deposit wagering.

As a result, no reputable racing betting site accepts customers from Texas today. Utah regulates horse racing but does not permit parimutuel wagering in any form. Horse racing betting is legal in Vermont and regulated by the state Racing Commission.

Most major ADWs accept customers from Vermont even though the law on online betting is unclear. Advance deposit wagering is authorized in Virginia under the Administrative Code and is offered by a handful of licensed betting sites. The Virginia Racing Commission oversees all racing and parimutuel wagering.

Washington legalized advance deposit wagering in and authorizes a handful of big-name providers to accept wagers from residents. The Washington Horse Racing Commission maintains a list of licensed betting sites here. WV law permits advance deposit wagering offered by licensed providers. Wyoming law authorizes the Wyoming Gaming Commission to regulate advance deposit wagering. Currently, most ADWs accept customers from Wyoming.

The act made it legal for horse racing venues to accept wagers at off-track betting locations provided that all wagers taken at OTB locations went directly to the prize pools of the tracks hosting live horse races. Online horse racing betting received further legal protections in when it was specifically exempted from a law the UIGEA passed that year intended to crack down on illegal online gambling.

Shortly thereafter, the first US horse racing betting sites went live. Today, the majority of US states permit online horse racing betting apps. Betting at licensed US horse racing sites contributes to the domestic racing industry because all wagers placed online are pooled with those taken at the track. This means that not only do you get paid at full track odds, but your business contributes to racing purses and the care of horses.

US horse betting sites are not limited to taking wagers on domestic races. Congress passed HISA to bring uniformity to horse racing safety, medication, and anti-doping standards that were previously enforced at the state level. Under the old model, the horse racing industry operated under a patchwork of regulations that varied by state, which supporters of HISA argued was dangerous for horses and jockeys alike.

To improve the integrity and safety of horseracing by requiring uniform safety and performance standards, including a horseracing anti-doping and medication control program and a racetrack safety program to be developed and enforced by an independent Horseracing Integrity and Safety Authority, and for other purposes.

The Authority also has the authority to implement minimum safety standards at racetracks. A spate of deaths at Santa Anita Park over and brought the issue to a head. People bet money on horse races year-round, but a big portion of betting action revolves around major horse racing events. The Kentucky Derby , Preakness Stakes and Belmont Stakes comprise the Triple Crown of Thoroughbred Racing and collectively mark the high point of the thoroughbred horse racing betting season each year.

The Derby is followed by the Preakness Stakes on the third Saturday of May at Pimlico Race Course in Baltimore, and this is where the equine racing world gets to see if here will be a Triple Crown contender as all eyes watch for the Kentucky Derby winner to achieve a repeat at Pimlico. If one horse wins all three events, a Triple Crown winner is crowned for having achieved one of the most difficult feats in all of horse racing. The pinnacle of horse racing glory is to win all three events in the Triple Crown.

It is exceedingly difficult to win a Triple Crown because every race is of a different length, and horses typically fare better at some lengths than at others. Add to that the fact that every horse only gets one chance ever to win, combined with the grueling schedule involved in winning three races in short order, and it is no surprise Triple Crown winners are a rare thing indeed. This is your primer guide for placing all types of horse racing bets and wagers.

The bets outlined below can be placed in-person and online via ADW websites and mobile horse racing betting apps. The best way to get started is to try basic straight bets at first. As you become comfortable with how it all works, you can progress up to more complex wagers. In parimutuel betting, all bets on a specific race are pooled together. The racetrack then sets aside a percentage of that pool to keep for its own income and operating expenses.

The percentage taken out of the pool varies depending on the track and type of bet placed. After the vig is taken out, the rest of the money in the pool is used to pay out the winners. The payouts in a horse race change in real time up until the start of the race.

As new wagers are collected, the offered payouts change to account for the new betting action. This is why favored horses offer lower payouts. More people tend to bet on the favorite, so when the favorite wins, the portion of the pool assigned to that horse has to be split up among more people. When a longshot horse wins, there tend to be fewer people backing that horse, so each bettor collects more winnings. There are all kinds of different bets that can be placed on a single race.

The general rule is that the more difficult the bet is to win, the higher it pays. For example, a straight bet on a single horse to win pays pretty well, but a bet on the exact finishing order of the top 3 horses pays even better. There are three different types of straight bets. These wagers are pretty simple and act as a good starting point for newbies. An across the board bet is actually three wagers in one. It is a combination of a win bet, a place bet, and a show bet all put on a single horse in an upcoming race.

The end result is a combination of bets that pays for a horse that finishes anywhere in the top three:. In summary, an across the board bet provides a handsome payout if the selected horse finishes in first place but provides consolation prizes if the horse finishes second or third. Exotic bets are more complicated than straight bets. In an exotic bet, you make multiple picks that include more than one horse and maybe even more than one race. In this example, you need the 1 horse to win, and then any of the other three horses to finish in 2 nd and 3 rd place in no particular order.

What makes parimutuel different is that all bets are pooled together, the house takes a cut, and then payouts are divvied out to the winners. Now that you have a grip on the basics of horse betting, you can apply that knowledge to betting on the internet. The only difference is that instead of talking to a cashier at the racetrack, you select your wagers onscreen using your mouse and keyboard. The next step is to fund your account.

Then, you can choose from a number of deposit methods :. You pay cash for the Moneypak and then redeem that Moneypak online by typing in the unique number on the back of the card. The modern-day equivalent of chariot racing, harness racing features a single horse pulling a rider on a two-wheeled cart.

Major horse racing betting sites cover harness racing in great detail, including free race previews and picks, in-depth podcasts, and other educational content. Online greyhound betting is governed by different rules than horse racing, but the basic idea is the same. In states that allow online greyhound betting, fans are free to use greyhound betting apps to bet on dog races.

Numerous states no longer have live racetracks but still allow residents to bet on horse races held in other states over the internet. The first odds to be posted for any particular race are the morning line odds , often abbreviated as ML. A track oddsmaker determines the morning line by comparing the horses slated to run and his or her expectation of the public betting action.

There are two important things to keep in mind when dealing with morning line odds. Secondly, the ML only serves as a rough estimate. As wagers start coming in, the odds will change to reflect the betting action. The actual odds are what the odds actually are at any given time based on public action. Remember, dog and horse racing are parimutuel activities.

That means the payout odds are determined by the amount of money wagered on each horse. After a horse is declared the winner, the pool is split among all people who backed that horse. To recap: the morning line odds are an estimated of what the oddsmaker thinks will happen that day based on the relative strengths of each horse and anticipated wagering activity.

Actual odds are what you actually get paid after all the wagers have been taken in. The upside to parimutuel wagering is that it does not put you in direct competition against a highly-skilled oddsmaker. The sportsbook does not care who wins any given race because it receives its commission regardless of the outcome.

The downside is that you never really know for sure what the final odds will be until after the race begins. The basic idea of parimutuel wagering is that patrons bet with one another rather than against the house. To put it simply, all wagers taken on a particular race are pooled together, the house takes a cut of the pool as commission and the rest is paid back out to the winning bettors.

Note that this is a very simplified example, but it depicts the concept in action. Now, imagine Horse B wins the race.

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1st bet on each race. Free bet expires after 7 days. Free/void/antepost bets don't qualify. T&Cs apply. CLAIM OFFER. Horse Racing – Grand National Festival – Aintree Racecourse, Liverpool, He returned at Grand National betting odds of 4/1 and with punters. Horse Racing Tips & Offers. Delivered to your inbox from