US TOP Online Horse Racing Betting Sites 2023 These are betting sites and apps that cater exclusively to horse racing. Much of that action is being taken via advance deposit wagering sites. In New York state alone, estimates are that $200 million is bet annually through horse bet apps. A record $412 million was wagered on the Kentucky Derby, an all-time record for the race.Īs recently as 2019, the Oregon Racing Commission, which tracks ADW handle, reported that $4.4 billion was wagered via ADW sites that year.
In 2022, over $12 billion was wagered in the country on horse racing, the highest total generated since 2009. While it might not get the same level of attention in today’s massive online gambling explosion, the fact of the matter is that horse racing remains a major player on the US gambling landscape. Long before you could place a bet on sports or through a casino, the only legal choice for gamblers was horse racing.