American horse racing and its counterpart horse betting have been around since the mid 1800s. There are 43 US states which allow some type of pari-mutuel betting on horse races. Of those 43 states, 36 of them allow live wagering at licensed horse tracks regulated by the state. It is estimated that more than $12 billion is spent on horse race wagers. Thanks to the federal Interstate Horse Racing Act, here are multiple states which offer online horse race wagering, however these options are sometimes limited to only the races occurring in that state or to only allowing bettors residing in that state to participate.
The terms and laws vary from state to state. Should your state of origin not provide you access to any of these US-based horse race betting options, there are a number of legitimate, legally licensed and certified Internet racebooks which provide these types of wagering opportunities and welcome USA bettors. There are no federal laws which prohibit bettors from participating in licensed and regulated offshore web based sportsbooks. I myself have a handful of favorites that I participate at regularly and I am very satisfied with my betting experience at each of them. These legal options make up the entirety of my sports wagering activity.
Below we have provided a guide to accessing the industry's leading and most reputable legal online horse betting sites. They have all been carefully reviewed by our team of specialists, and have been verified to hold legal licensing, certifications and be subject to legitimate regulatory oversight. They are all high quality operations that provide a very secure wagering environment utilizing the latest in security technology. You will also find their current bonus offers and one click access to each of them for your convenience. For those who require mobile access to sports betting options, you will find that most of these brands have a well designed mobile sportsbook platform available. Their banking suites are comprehensive and highly secure, earning them a spot among the fastest paying sportsbooks on the Web. Lastly, you will find a link to a detailed sportsbook review on each brand so that you have access to specific information about each site and what it has to offer.
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The Kentucky derby is held each year at Churchill Downs in Louisville Kentucky. It is a grade 1 stakes race that only includes three-year-old thoroughbreds. It takes place on the first Saturday in May and is one and a quarter miles in length. This race has multiple names associated with it, including the run for the roses derive because of the blanket of roses that the winner is draped in the race, The Most Exciting Two Minutes in Sports as well as the Fastest Two Minutes in Sports, this name derive the approximate duration of the brain. The Kentucky Derby has taken place every consecutive year since its inaugural race in 1875. This event is one of the Triple Crown races and must be won in order to receive the Triple Crown title. This race ranks as number one in attendance from North America races typically surpassing volume of all other stakes races. The total purse for the Kentucky Derby is $2 million with the first-place winner winning approximately $1,425,000.
The second leg of the Triple Crown is the Preakness stakes race. Like the Kentucky Derby, it is a race for three-year-old thoroughbreds and is 1 3/16 miles in distance. The race takes place in Baltimore Maryland at the Pimlico Race Course. It is often referred to as the run for the Black eyed Susan which is the Maryland state of our and the flower that makes up the blanket that is placed around the winners neck. The race takes place on the third Saturday in May followed by the Belmont Stakes. The Preakness stakes race was first run in 1873. The purse of the first person to win this race was $2050 and was taken home by John Chamberlain. And though the Pimlico Race Course in Baltimore Maryland is the official home of the Preakness stakes, on occasion it has been hosted elsewhere. This has only occurred a few times and not since before the turn of the 20th century. The Preakness stakes race is ranked second in attendance in the US, slightly trailing the Kentucky Derby race but surpassing the Belmont Stakes race. The purse size for Preakness Stakes is $1,500,000.
The final leg of the Triple Crown is the Belmont stakes. Like its counterparts the Belmont stakes is a grade 1 stakes thoroughbred horse race and open only to three-year-old thoroughbreds. This race is held in June taking place exactly 5 weeks after the Kentucky Derby and three weeks after the Preakness stakes. It is also known as the Test of the Champion. Attendance for this race is ranked fourth in North America, trailing both of the other Triple Crown events as well as the Kentucky Oaks race. The Belmont stakes race is 1.5 miles in distance with an overall purse size of $1.5 million with the first-place winner receiving $800,000. The race is held at Belmont Park in Elmont New York and was first run in 1867. The race moved around a bit in its initial years opening at Belmont Park in 1905.
The Breeders' Cup World Championship is a two day event held annually comprised of a series of thoroughbred horse races primarily made up of Grade 1, and is considered an industry showcase. The Breeders' Cup was established in 1984 originally a single day event and was expanded to the two day span in 2007. There are 15 races total with the world's best thoroughbreds competing. The purse size for each race ranges from $500,000-$5 million. 2008 introduced three new races which raised the total amount of money awarded from $23 million up to $25.5 million. Each race in the Breeders' Cup event presents a garland of flowers draped over the winners of the withers of winning horse and 4 Breeders' Cup trophies awarded to the connections of the winners. Aside from 1996 when the event took place in Canada, all races have been in the United States.
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