Opening an account and making racing wagers through an online racebook offers one great advantage that can't be matched by the track or OTBs, and that's the fact all quality internet racebooks put money in your pocket before you even make a bet through their binus and rebate programs. Every racebook offers something a little different, but these typically include Welcome or First Deposit Bonuses, daily or weekly volume rebates and more, all of which can add up to hundreds of dollars of "house money" with which to make your bets.
Racebook Bonus Overviews
Just as everyone has their own racing handicapping strategy, everyone has their own wagering strategy in how they handle theit bankroll - and how that ties into the use of bonuses. We've looked at many of the best racebooks to help you find the one that works best for you.
* REMINDER! - you must be of legal age in your state or province to legally wager on thoroughbred or harness horse racing. Please bet responsibly!
Are there limited amounts of bonuses collected?
By their very nature, Welcome Bonuses or First Deposit Bonuses can only be collected once, and most online wagering platforms enforce this rule by tracking the IP address from where the account is opened. Otherwise, most bonuses are unlimited. For example, most of our recommeneded racebooks that offer Refer A Friend bonuses don't place a limit on how many friends you can bring to the site. For another example, cash back rebates are based on either daily or weekly wagering volumes, and while technically there is a limit on how much can be bet to collect the rebate (into the 1000s of dollars) you can bet to that limit day after day or week after week with no overall limit.
When are you allowed to cash out a bonus?
All bonuses require some type of rollover before they can be cashed out. This means the bonus amount - and typically the deposit amount on Welcome or First Deposit bonuses - has to be bet a certain number of times before the money can be cashed out. Online wagering sites require rollover simply to gaurd against people making a deposit, or gaining another type benefit, and then instantly cashing out and perhaps closing the account without ever making a bet. Rollover requirements differ from racebook to racebook, and also differ depending on the type of bonus offered. It's important to check the site Terms of Agreement specific to the bonus so you understand the rollover before making a deposit.