Top 4 Best Horse Betting Apps May 2024: Horse Racing Betting Sites

Fact Checked by Shannon Lane

Kentucky, the Bluegrass State, is synonymous with horse racing. Known for its prestigious Kentucky Derby event, the state is a hub for passionate bettors and horse racing enthusiasts. Though bettors have had to wait for Kentucky online sportsbooks to go live, there are various ways to gamble on horse racing right now.

Some racebooks even have Kentucky promo codes & bonuses you can redeem right now! Here's our overview of the best horse racing betting sites and horse racing betting apps for 2024. 

Kentucky Horse Racing

Top 4 Best Horse Betting Apps: May 2024

šŸ† FanDuelBest App Experience
šŸ“² TwinSpiresBest Overall
šŸšØ DraftKingsBest App For New Bettors
šŸ“Š CaesarsBest App For Betting Odds
āœ… App Rankings Last UpdatedMay 17, 2024

All four of these operators have racing apps that are available separately from Kentucky sportsbook apps. So make sure you have the horse racing apps, in addition to the sportsbook apps, downloaded to your mobile device.

Best Kentucky Horse Betting App Experience

FanDuel is a powerhouse in the online sports gambling world and the FanDuel Racing app is no exception. 

FanDuel's horse racing app offers a great user experience and is simple and straightforward to navigate as with all of their products. FanDuel's partnership with TVG has proven to be an excellent way for them to apply their best-in-class technology to provide horse racing fans with another place to wager on horse racing. Sponsorships at popular horse racing events such as the Belmont Stakes and rapid adoption of the application are not an accident and a result of the top-notch FanDuel Kentucky app.  

Best Overall Kentucky Horse Racing App

The TwinSpires Horse Race Betting app is owned and operated by Churchill Downs Incorporated, which is headquartered here in Kentucky. The TwinSpires Kentucky app provides great new customer offers, an excellent user experience, and is widely considered one of the best in the horse race betting business. 

Try for yourself today: Sign up using promo code BET200 to get $200 in bonus cash, and find out why TwinSpires is our No. 1 app for placing bets on horse racing. 

Must be 18+ to participate. T&Cs apply.

Best Kentucky App for New Horse Racing Bettors

Bettors who are new to horse racing will love DraftKings Kentucky app. This app, called DK Horse in your device's app store, is full of stats and trends to help you make the best betting decisions as you navigate this new market.

Must be 21+ to participate. T&Cs Apply. Play Responsibly. Gambling problem? Call 1-800-GAMBLER

Best Kentucky App For Horse Racing Betting Odds

In our view, the Caesars Kentucky app offers the most competitive horse racing odds. Make sure you check our their odds board before every major (and minor race).

Must be present in KY and 21+ to participate. T&Cs apply.

Other Horse Betting Apps & Sites

AmWager and Bet365 are also popular horse racing betting apps due to their user-friendly interfaces, providing a seamless betting experience for users of all skill levels. They offer comprehensive coverage of domestic and international races, ensuring that enthusiasts never miss an opportunity to place a wager. These platforms also boast robust security measures, instilling confidence in bettors as they engage in transactions. Additionally, they provide valuable insights, handicapping tools, and expert analysis, helping users make informed decisions when placing bets on their favorite horses.

Learn More: Bet365 Kentucky Sportsbook Promo Code

Must be 18+ to participate and present in KY. Gambling problem? Call 1-800-GAMBLER. T&Cā€™s and restrictions apply.

Popular Horse Race Betting Types

The odds for horse races reflect the perceived probability of a particular outcome, such as a horse winning a race. They help bettors gauge the likelihood of a specific result and determine the potential payout for a successful bet. In essence, odds are the bookmakers' or the betting market's estimation of each horse's chances, which are influenced by factors such as past performance, track conditions, and the horse's form. Understanding the relationship between various odds and probability is crucial for making informed betting decisions and maximizing your chances of success in betting on any horse race.

Interested in learning even more about betting in Kentucky? Check out our comprehensive guide on how to bet on sports in Kentucky.

Single Horse Wagers: Win, Place, Show

To make the most of your sports betting experience, it's essential to understand the various types of bets you can place. Here are some common Kentucky horse racing bets:

  • šŸ† Win: You bet on a single horse to finish first.
  • šŸ† Place: You bet on a horse to finish first or second.
  • šŸ† Show: You bet on a horse to finish first, second, or third.

Multi-Horse Wagers

Apart from these simple bets, there are more complex exotic wagers like exacta, trifecta, and superfecta that will require you to pick multiple horses.

  • ā­ļø Exacta: An exacta bet requires the bettor to select the first and second-place finishers in the correct order in one race. This wager is more challenging than a simple win, place, or show bet, but it usually offers higher payouts.
  • ā­ļø Quinella: In a quinella bet, the bettor must pick the first and second-place finishers in the same race, but the order does not matter. This type of wager is easier to win than an exacta but generally has lower payouts.
  • ā­ļø Trifecta: A trifecta bet involves selecting the first, second, and third-place finishers in the correct order in the same race. It is a difficult bet to win, but the potential payouts can be quite substantial.
  • ā­ļø Superfecta: In a superfecta bet, the bettor must correctly predict the first, second, third, and fourth-place finishers in the exact order. This wager is challenging to win, but it can result in significant payouts.

Multi-Race Wagers

Finally, multi-race wagers require a gambler to predict the outcomes of multiple races correctly.

  • šŸ”„ Daily Double: A daily double bet requires bettors to pick the winners of two consecutive races. This parlay bet adds an extra layer of difficulty but can offer attractive payouts for successful bettors who select the correct two horses.
  • šŸ”„ Pick 3: A Pick 3 bet involves selecting the winners of three consecutive races. It is harder to win than a daily double, but the potential payouts can be more significant as you select three horses to win three different races.
  • šŸ”„ Pick 4: In a Pick 4 bet, the bettor must choose the winners of four consecutive races. This wager is more challenging than a Pick 3 but can offer even more excellent payouts.
  • šŸ”„ Pick 5: A Pick 5 bet requires bettors to predict the winners of five consecutive races correctly. The difficulty increases with each added race, but so does the potential reward.
  • šŸ”„ Pick 6: In a Pick 6 bet, the bettor must select the winners of six consecutive races. This wager is one of the most challenging bets in horse racing, but it can yield life-changing payouts for successful bettors.

Pari-Mutuel vs Fixed Odds Betting

Odds play a crucial role in betting on horse races online. They not only indicate the probability of a horse winning a race but also determine your potential payout. Generally speaking, there are three primary types of odds to consider when picking your winning horses:

  • šŸ“Š Fractional odds: Commonly used in the UK and Ireland, these odds are displayed as a fraction, e.g., 5/1.
  • šŸ“Š Decimal odds: Popular in Europe, Australia, and Canada, these odds are shown as a decimal number, e.g., 6.00.
  • šŸ“Š Moneyline odds: Also known as American odds, they are either displayed as a positive or negative number, e.g., +500 or -200.

Pari-Mutuel Betting

Pari-mutuel betting is a popular form of wagering in horse racing, where bets are pooled together, and the winnings are distributed among the successful bettors. Unlike fixed-odds betting, where the bookmaker sets the odds, the odds in pari-mutuel betting are determined by the total amount of money bet on each horse. This system ensures that the payout for each winning bet is based on the popularity of the chosen horse and the overall betting pool, making it a dynamic and exciting wagering option for horse racing enthusiasts.

Fixed Odds Betting

Fixed odds wagering is a popular and straightforward betting method in horse racing. When placing a fixed odds bet, you agree on the odds at the time of placing the bet, regardless of any fluctuations in the market before the race starts. This allows bettors to clearly understand their potential returns and removes the uncertainty of pari-mutuel betting systems, where odds can change based on the total amount wagered on each horse. Fixed odds wagering offers a sense of stability and control for bettors, enabling them to make more informed decisions and develop effective betting strategies.

Horse Racing Betting Tips & Trends

To identify a potential winning horse, it's crucial to consider various factors influencing its performance. By carefully evaluating these elements, you can make more informed betting decisions and increase your chances of success.

  • āœ… Form: The horse's recent performance history can provide insights into its current form and fitness level. A consistent record of strong finishes in recent races may indicate a higher chance of success.
  • āœ… Race Quality: The quality of the competition in a horse race can impact a horse's performance. Assess the other horses' abilities and past results to determine your chosen horse's prospects.
  • āœ… Distance: Each horse has its preferred race distance. Analyzing a horse's performance over various distances can help you predict its potential success in a specific race.
  • āœ… Surface: Horses perform differently on various track surfaces (dirt, turf, or synthetic). Consider a horse's past performances on the race track's surface type before placing a bet.
  • āœ… Trainer: A skilled trainer can significantly influence a horse's success. Look for trainers with a proven track record and a history of preparing horses for similar races.
  • āœ… Jockey: Jockeys play a crucial role in a horse's performance. Experienced, successful, and skilled jockeys may better guide a horse to victory.
  • āœ… Draw: The starting position (or draw) can impact a horse's chances of winning, especially in races with tight turns. Evaluate how the morning line draw may affect your chosen horse's performance versus those running in the event.
  • āœ… Weight: Horses carry different weights based on age, sex, and previous victories. Assess how the assigned weight may impact a horse's performance and stamina.

Horse Racing programs

Racing programs provide essential information about each horse, jockey, and trainer participating in a race, including statistics, previous performances, and race conditions. This valuable resource helps bettors make informed decisions and identify potential winners.

Bankroll

Managing your bankroll effectively is crucial for long-term success. Set a budget, establish limits, and avoid chasing losses to maintain a healthy financial balance and enjoy a sustainable horse racing betting experience.

Past performances

Analyzing past performances of horses can reveal patterns and trends that may indicate future success. By examining factors such as track conditions, race distance, and competition level, bettors can make more accurate predictions about a horse's chances in an upcoming race.

Must be present in KY and 21+ to participate. T&Cs apply.

Live betting and streaming

Live betting and streaming allow bettors to place wagers and watch races in real-time, offering an immersive and interactive experience. This feature enables bettors to make more informed decisions based on the unfolding events of the race.

Bonus bet

A bonus bet is a promotional offer provided by some betting platforms, allowing new or existing users to place a bet without risking their own money. Bonus bets can help bettors build their bankroll and gain valuable experience.

Jockey experience

The experience of a jockey can significantly impact a horse's performance in a race. By considering the jockey's past successes, experience on specific tracks, and compatibility with the horse, bettors can gain valuable insights that can influence their betting decisions.

šŸŽ MORE: Ranking the Best Jockeys in Kentucky Derby History

Where to Bet on Horse Racing

There are important dos and don'ts while betting on both domestic and international horse races in Kentucky.

Kentucky Horse Racing Betting

Kentucky is home to some of the most famous horse racing events, such as the Kentucky Derby. Bettors can place wagers at licensed racetracks, off-track betting facilities, or through reputable online Kentucky sports betting apps and platforms that cater to Kentucky residents. Many of these online platforms offer a wide range of betting options, live streaming, and expert insights. 

Be sure to choose a licensed and regulated operator with the best Kentucky sportsbook promotions to ensure a safe and enjoyable betting experience.

U.S. Horse Betting

Horse racing enthusiasts in the United States have numerous options for placing bets on their favorite events. State-regulated racetracks, off-track betting venues, and online betting platforms are all popular choices for US bettors. When selecting an online platform, look for one that is licensed, regulated, and available in your state, offering a variety of betting options, live streaming, and comprehensive race coverage. Top-rated US-based online sports betting sites, such as TwinSpires and TVG, cater to American bettors and provide a seamless betting experience. 

UK Horse Betting

The United Kingdom boasts a rich horse racing tradition, and bettors have many opportunities to wager on races both domestically and internationally. High street bookmakers, such as William Hill, Ladbrokes, and Coral, offer in-person betting services, while an abundance of online betting platforms cater to UK bettors as well. When choosing an online platform, look for one that is licensed by the UK Gambling Commission, provides a wide range of betting markets, and offers live streaming of races. Some popular UK-based betting sites include Bet365, Paddy Power, and Betfair.

Blacklisted betting sites

When exploring options for the best horse racing betting sites, it's essential to be cautious of blacklisted betting sites. These are platforms that have been flagged by regulatory authorities or industry watchdogs for reasons such as unfair practices, non-payment of winnings, or inadequate security measures. 

By avoiding blacklisted horse race betting sites and choosing a licensed, reputable, and well-reviewed betting platform, you can ensure a safe and enjoyable betting experience. Conduct thorough research and consult trusted sources, such as online reviews and forums, to avoid falling prey to disreputable operators in the horse racing betting industry.

Must be present in KY and 21+ to participate. T&Cs apply.

Types of horse racing for online betting

As you venture into the world of online horse racing betting, it's essential to understand the different types of horse racing that you may encounter. The three primary forms of horse racing include thoroughbred racing, jump racing, and harness racing, each offering unique challenges and excitement for both competitors and bettors alike. In the following sections, we will delve into the characteristics of each racing type, providing you with valuable insights to enhance your betting experience and knowledge of the sport.

Thoroughbred Racing

Thoroughbreds are the most popular breed for flat racing events, known for their speed and agility. They are often featured in prestigious races like the Kentucky Derby and the Breeders' Cup.

Jump Racing 

Jump racing, also known as steeplechasing or National Hunt racing, involves horses navigating a course with a series of obstacles such as hurdles and fences. This type of racing requires a unique combination of speed, agility, and jumping ability, making it an exhilarating spectacle for spectators and bettors alike.

Harness Racing

Harness racing features horses, known as Standardbreds, pulling a two-wheeled cart called a sulky. The horses are required to maintain a specific gait, either pacing or trotting, as they compete around the track. Bettors enjoy the tactical aspect of harness racing, as jockeys must carefully manage their horse's energy and positioning throughout the race.

Benefits of Horse Racing Betting

Horse racing betting offers numerous advantages, including a wide variety of wagering options, frequent events to bet on, and the potential for substantial payouts. It also provides an opportunity to delve into a wealth of data and statistics, allowing bettors to make informed decisions and develop winning strategies.

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in KY. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Betting On The Triple Crown Races

The Triple Crown is a prestigious achievement in American Thoroughbred horse racing, consisting of three iconic races: The Kentucky Derby, The Preakness Stakes, and The Belmont Stakes. Winning all three races in a single season is an extraordinary feat, as each event tests a horse's speed, endurance, and versatility. 

Since its inception in 1919, only 13 horses have managed to capture the Triple Crown, with the most recent winner being Justify in 2018. Triple Crown odds will show any bettor how extraordinary this accomplishment is, and the rarity adds to the excitement and allure of the racing season.

Kentucky Derby

Held annually at Churchill Downs in Louisville and thought of as the world's richest horse race, the Kentucky Derby is one of the most famous horse races in the world. Churchill Downs is the first leg of the Triple Crown series and has a storied history dating back to 1875.

Preakness Stakes

The Preakness Stakes is the second leg of the Triple Crown, held at Pimlico Race Track in Baltimore, Maryland. Established in 1873, Preakness Stakes is often referred to as "The Run for the Black-Eyed Susans" due to the blanket of yellow flowers draped over the winning horse.

Belmont Stakes 

The final leg of the Triple Crown, the Belmont Stakes, takes place at Belmont Park in Elmont, New York. Established in 1867, it is the oldest of the Triple Crown races and is known as "The Test of the Champion" due to its grueling 1.5-mile distance.

Other Popular Horse Racing Events

The Triple Crown races, while perhaps some of the most well-known events of the horse racing season, aren't the only notable ones. Here's an overview of other exciting races throughout the year:

The Breeders' Cup

The Breeders' Cup is an annual series of championship horse races held at various locations in the United States, often including Kentucky tracks. The event showcases the best horses from around the world and offers high-stakes betting opportunities.

Must be present in KY and 21+ to participate. T&Cs apply.

British Triple Crown

The British Triple Crown consists of three historic races for three-year-old thoroughbreds: the 2000 Guineas Stakes, the Epsom Derby, and the St. Leger Stakes.

2000 Guineas Stakes

The 2000 Guineas Stakes, held at Newmarket Racecourse in Suffolk, England, is a prestigious one-mile race and the first leg of the British Triple Crown.

Epsom Derby

The Epsom Derby, also known as the Derby Stakes, is the second leg of the British Triple Crown and one of the most prestigious races in the world. Held at Epsom Downs Racecourse in Surrey, England, this race covers a distance of 1 mile, 4 furlongs, and 6 yards, challenging the finest three-year-old thoroughbreds to demonstrate their speed and endurance.

St. Leger Stakes

The St. Leger Stakes, held at Doncaster Racecourse in South Yorkshire, England, is the final leg of the British Triple Crown. This race covers a distance of approximately 1 mile and 6 furlongs, testing the horses' stamina and determination.

Must be present in KY and 21+ to participate. T&Cs apply.

Getting Started with Horse Racing Betting Sites

By understanding odds, familiarizing yourself with various bet types, and employing effective strategies, you can maximize your chances of successfully picking the horse that takes home the purse money. So, saddle up and embark on an exhilarating journey into the world of horse racing, where thrilling races and rewarding betting opportunities await you.

Best Horse Racing Betting Sites FAQs

Author

Gavin Beech is a writer and contributor for BetKentucky.com and has worked in the betting industry for almost 20 years. Gavin is an experienced horse racing journalist, sports betting content writer and tipster. He has worked for some of the biggest online operators around, notably MailOnline and the Racing Post, where he is a regular on the Live Tipster slot.

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