One of the advantages of betting on horses at a large online bookmaker is the opportunity to take advantage of deposit bonuses and free bet offers.
Typically, these types of horse racing betting bonuses and promotions are directed towards sports betting customers, but those same bonuses may also be used to wager on horse races.
You may also find additional bonuses reserved specifically for the horses, but let’s begin with a quick list of the best horse racing bonuses first.
The main thing to keep in mind is that all the same rollover requirements that apply to sports betting offers also apply to horse racing bonuses. So if an offer comes with a 5x rollover on sports, for example, the same would apply to horse racing. In that case, you would be asked to place wagers totaling five times the original deposit + bonus amount before withdrawing.
Best Horse Racing Betting Bonuses
AmWager Bonus
New customer bonus: 10% Back up to $500 or 100% up to $100
New AmWager racebook customers can choose from one of the two following welcome offers.
- 100% up to $100: Use the promo code 100MATCH to claim a 100% first deposit bonus worth up to $100. This bonus comes with a 1x rollover on the bonus amount only, which means a customer who deposits $100 to receive a $100 bonus would need to place a total sum of wagers totaling $100 within 30 days to clear the bonus for withdrawal.
- 10% Back up to $500: Customers who plan on wagering frequently can claim this offer to get 10% back on all exotic and win bets for 30 days. For example, a customer who claims this offer and bets $2,500 within 30 days would receive $250 in bonus funds. Use the promo code 500BONUS to claim this offer
TVG Bonus
New customer bonus: 50% up to $250
TVG offers all new customers a 50% welcome bonus worth up to $250. New users who sign up for an account and make a deposit will receive an additional 50% in wagering credits.
For example, a first deposit of $500 would result in that customer in receiving $250 in site credit. Customers must claim this bonus within 15 days of signing up for an account and deposit at least $10.
TwinSpires Bonus
New customer bonus: Up to $200
The TwinSpires deposit bonus works a bit differently than most welcome offers because the amount of bonus funds is not tied to the first deposit. New users who sign up for an account and use the promo code BET200 can claim up to $200 in bonus funds regardless of the first deposit amount.
After signing up with the promo code, new customers earn $100 in bonus cash for every $400 wagered over the first month. Customers who place a total sum of $800 worth of wagers within 30 days max out the bonus to receive the full $200 offer.
Other Horse Racing Betting Offers
You will find the occasional bookmaker with separate bonuses for sports betting and horse racing, but the offers at most betting sites are interchangeable. However, it is common to find additional offers at your bookmaker that are designed specifically for horse racing. Below are a few examples.
Terms and Conditions to Know
All horse racing bonuses come with a few terms and conditions. It’s just the nature of the business. The mere existence of a few terms and conditions should not be cause for alarm, but you should most definitely understand how they work and get into a habit of always giving them a look before claiming any offer.