20% cash back or 30% back in Free PlayWagerWeb is known as the “Player’s Choice” for online horse racing betting and is one of the oldest and most reputable platforms on the internet. WagerWeb offers both harness racing and Thoroughbred racing and takes action from over 60 tracks with full track odds. With numerous ongoing promotions and bonuses, WagerWeb is a go-to source for horse racing betting enthusiasts.

WagerWeb Horse Betting Review

WagerWeb Horses Wagering Menu

WagerWeb gives horseplayers the opportunity to get in on the action from over 60 of the top Thoroughbred and Harness racing tracks in North America and Canada. They offer racing from top tracks such as Belmont, Aqueduct, Santa Anita, Churchill Downs and more as well as Oaklawn, Keeneland and others. Their tracks are ordered in tiers – for example, Santa Anita qualifies as a “Major Track” and Keeneland is listed as “Other”. There are “Limited Action” tracks which include, among others, Laurel and Golden Gate as well as “Small Action” tracks which features tracks like Suffolk Downs and Tampa Bay Downs.

WagerWeb offers a complete betting menu including straight wagers such as win, place and show as well as exotics like quinellas, trifectas and superfectas and multi-race wagers like daily doubles and Pick Threes. For players that are new to betting on the ponies, there is a helpful section in the Racebook that gives an easy to understand description of what each type of wager is. WagerWeb even pays out full track odds up to a maximum of $10,000 per race at major tracks and $5,000 per race at the other levels.

The minimum wager for bets placed both online and over the phone is $2.00. 

WagerWeb Horses Sign Up Bonus

Getting started with WagerWeb is simple, fast, secure and offers several generous sign-up bonus options to new players.

The first bonus level is called the “High Roller Bonus” and this is a smart option if you are the type of player who wants to place a couple of wagers and then take a big swing for it with a big bet. You will have the option of taking either 20% cash back or 30% back in Free Play. It does come with an industry standard rollover rate of 10 times but there are no restrictions on the type of wagers you can place. From there, you will continue to get 5% back on your volume in the Racebook on all major tracks. 

The next option  is referred to the “Elite” bonus and it certainly deserves the lofty title. It is regarded as their best option for new players. It has the smallest rollover – only 8 times – and if you take the cash back piece you will get your risk amount back when you win. This option comes with no restrictions of any kind and you will also receive a 5% bonus on all volume of wagers placed in the Racebook.

For fast cash out options, this is the way to go. 

WagerWeb Horses Promotions

At WagerWeb, the bonuses and incentives continue once you sign up. With either bonus option, you become eligible to receive 5% back on the volume of all wagers placed in the Racebook on major tracks which includes Santa Anita, Saratoga, Churchill Downs and more. This means you can pad your bankroll while playing some of the top racing in the country and wagering on the top horses and jockeys. 

The Racebook has been around since 2007 and in the past decade, WagerWeb has continued to develop and become of the most innovative and popular online racebooks largely due to their generous bonus structure. In addition to the cash back bonus structure on Racebook volume, WagerWeb also has a loyalty program and you are eligible to earn loyalty points for every $100 in betting volume. Those points can then be cashed in to earn free play or for WagerWeb merchandise. 

WagerWeb Horses Payouts

WagerWeb pays out full track odds up to a maximum of $10,000 per race at major tracks and $5,000 per race at the other levels for Thoroughbred racing. For harness racing and quarter horse racing, those payout levels can vary. The payout plans for horse racing are determined by the maximum betting amounts according to the track.The formula used for net profit for each race is the net payout minus the total amount wagered on the race. 

Same day payouts are available and payout fees are vary for each type of action. They are currently offering a deposit promotion called “Tenth Time’s a Charm” – for every nine deposits you made to your account without taking a payout, the tenth deposit is free! The money will be credited as cash and there is a five time rollover associated with that. The payout system at WagerWeb is speedy and secure – they have several options including BitCoin and Cashier’s Checks, so there is something to fit your lifestyle.

There are customer service representatives available from 10:00 a.m. EST to the last half time or game daily to assist with any issues.

How To Place Horse Bets at WagerWeb

Convenience is the name of the game at WagerWeb and there are several ways to get in on the action. You can place wagers online, on the phone or on the go with their straightforward and easy to use mobile platform.

All you have to do is login, head over to the racebook and select the track, horse and wager type. One thing to be mindful of is post times – the Racebook System will take a race off of the wagering menu automatically once the race begins and as long as you have confirmed your ticket, you are good to go and have action on the race. This is applicable for both online and through the call center.

Once bets are placed, they may not be canceled or changed at any time so be sure to check your wager carefully before you hit confirm!