Horse Betting | Kentucky Derby Bets

Horse Betting Rules


Horse Racing Interface

Horse Betting offers daily racing from tracks within the USA (and some other regions) via the racing interface which is accessible once you have logged-in to your wagering account. We accept wagers up until post time. We cannot assume liability for wagers that are unsuccessfully entered before post time. Before logging-out, please check your Active Wagers on the Reports menu to make sure your bets were accepted. Once you submit a bet online, your wager is considered final. Bets shall not be accepted after post-time. In the event that the race begins before the advertised post-time and for that reason (or any other reason) you are able to place a wager after the race has started, that wager will be void.

Track Categories
Click here for an up-to-date list of tracks offered and their categories.

Odds and Limits
Each event has a bet limit (typically $1,000.00). Win, Place, Show wagers pay full track odds. All Exotic wagers pay full track odds up to the maximum pay-outs as shown in the tables below. Payouts are based on the actual track payout. The morning lines provided when wagering on the Horse Racing Interface are for informational purposes only and not used to calculate the payout. There are no house odds. If there are no track payoffs for a certain type of wager, all wagers on that type will be refunded.

See "Ticket Limits and Categories" section at bottom of page.


Official Source of Results

Maximum pay-outs per event are as follows:

  • Class A Tracks: $20,000.00
  • Class B Tracks: $15,000.00
  • Class C Tracks: $5,000.00
  • Class D Tracks: $3,000.00
  • Class E Tracks: $1,000.00

In the event a new track is not listed in one of the categories, its default payout limit will be Category E. In the event that there is evidence of pool manipulation, all affected wagers will be deemed void and all monies wagered on the affected wagers will be refunded. Management reserves the right to refuse or limit any wager and to restrict wagering on any event at any time without any advance notice.


Scratches
If a horse is scratched, all Win/Place/Show wagers placed via the racing interface will be refunded. (This does not apply to 'Odds to Win' bets placed via the sports betting interface. On those bets a scratch counts as a loss). In case a horse is considered a non-starter by the track, that horse will be considered a scratch and refunded accordingly. In exotic wagers (Exacta, Trifecta, Superfecta, Quinella) the portion containing the scratched horse will be refunded. We do not honor ‘all’ payouts in any exotic wager even though the track may do so. In the case that there is an ‘all’ payout on a particular race, we will replace the ‘all’ payout with the rightful winner of that race and/or position. On Daily Doubles, Pick 3 and Pick 4 wagers, a scratch will result in an automatic refund of the combination including the scratched horse. There will be no consolation payouts. No special track payouts will be recognised.

Pick 3 and Pick 4 Grading and Payout Rules
All Pick 3 and Pick 4 tickets are paid out based on the official race results published by the track at which the race was run. If there is a scratched horse in any Pick 3 or Pick 4, only combinations including the scratched horse will be refunded. There will be no consolation payouts. No special track payouts (such as payouts on scratched horses, 2 out of 3 special Pick 3 payouts and/or 3 out of 4 special Pick 4 payouts) will be recognised.

Official Source of Resutls
For thoroughbred racing we use www.drf.com as our official source of results. For harness racing we use www.racingchannel.com or the tracks’ websites. In the event of a discrepancy, we will contact the track for the official result.




Ticket Limits and Categories

Class A Tracks

Class B Tracks

Bet Type

Max. Payoff

Bet Type

Max Payoff

Win

Track odds

Win

Track odds

Place

Track odds

Place

Track odds

Show

Track odds

Show

Track odds

Exacta

500-1

Exacta

400-1

Quinella

400-1

Quinella

300-1

Trifecta

1000-1

Trifecta

750-1

Superfecta

1500-1

Superfecta

1000-1

Pick 3

1500-1

Pick 3

1000-1

Pick 4

5000-1

Pick 4

2000-1

       

Daily Double

750-1

Daily Double

400-1

       

Class C Tracks

Class D Tracks (Max Bet = $250)

Bet Type

Max. Payoff

Bet Type

Max. Payoff

Win

Track odds

Win

Track odds

Place

Track odds

Place

Track odds

Show

Track odds

Show

Track odds

All Exotics 300-1

All Exotics 300-1



 

Rebate

  Straights Exotics
Class A 3% 8%
Class B 3% 5%
Class C 3%
Class D No Rebate
Class E No Rebate

This rebate only applies to wagers placed through the horse wagering interface. It does not apply to any horse matchups or other future wagers made through the sportsbook login. No rebate will be given on cancelled wagers or wagers refunded due to a scratch. No rebate will be paid on Win, Place and Show tickets that pay $2.20 to $2 or less. The rebate bonus will be paid on a daily basis. There is no rollover requirement associated with the rebate.


Track Categories

Class A

Class B

Class C

Class D

Class E

Aqueduct Arlington Park Albuquerque Balmoral Park Harness Ajax Downs
Belmont Park Charles Town Beulah Park Cal Expo Retama
Calder Race Course Delaware Park Colonial Downs Delta Downs (QH) Zia Park
Churchill Downs Emerald Downs Ellis Park Dover Downs Harness  
Delta Downs (T) Canterbury Park Evangeline Downs (T) Evangeline Downs (QH)  
Del Mar Fairgrounds (T) Fairmount Park Fairgrounds (QH)  
Gulfstream Park Finger Lakes Fairplex Ferndale **  
Hollywood Park Golden Gate Fields Fort Erie Fresno **  
Keeneland Hoosier Park Hastings Harrington Park  
Laurel Park Indiana Downs (T) Hawthorne Hialeah Park (QH)  
Monmouth Park Lone Star Park (T) Hialeah Park (T) Indiana Downs Harness  
Oak Tree Los Alamitos Mountaineer Park Lone Star Park (QH)  
PARX Racing Lousiana Downs (T) Pinnacle Lousiana Downs (QH)  
Santa Anita Meadowlands (T) Pocono Downs Maywood Park  
Saratoga Oaklawn Park Portland Meadows Meadowlands Harness  
Tampa Bay Downs Penn National Remington Park Mohawk  
Woodbine (T) Pimlico River Downs Monticello Harness  
  Prairie Meadows (T) Ruidoso Downs Northfield Park Harness  
  Presque Isle Downs Suffolk Downs Pleasanton **  
  Sam Houston (T) SunRay Park Pompano Park  
  Sunland Park Thistledown Prairie Meadows (QH)  
  Turfway Park Turf Paradise Sacramento **  
  Will Rogers Downs (T) Yavapai Downs Sam Houston (QH)  
  Kentucky Downs Santa Rosa **  
    Solano Park  
  Stockton **  
** California Fairs   Vallejo **  
    Will Rogers Downs (QH)  
    Woodbine Harness  
      Yonkers Harness  

 

Matchups
The following rules apply to horse matchup bets made via the sports betting interface.

  1. In matchups between two or more named horses, all horses must go for wagers to have action.
  2. Matchups are determined by horse name. Any information pertaining to race number, race track, etc are for curtsey purposes only. Also, any track coupling is irrelevant towards determining the winner of a matchup.
  3. In matchups between one named horse and the Field, wagers will have action if and only if the named horse starts. Scratches of horses in the Field will not affect the standing of the wager.
  4. Matchups are not eligible for rebates.
  5. The winner of a matchup will be determined by the highest placed finisher involved in the matchup. If no horse finishes, the matchup will be graded no action.
  6. Matchup wagers which indicate ‘Turf Only’ will be cancelled if the surface is changed.
  7. In the case of a dead heat, the matchup will be graded no action.

--- Last Updated December 17, 2011 ---