Legal betting in Arizona has now thrown horse races into the mix. With fast action and faster winnings, horse race betting attracts hundreds of thousands of participants every year. Learn all you need to know to begin with horse race betting in Arizona today.
Overview of Horse race betting AZ
Here we’ll discuss the history of horse race betting and its adaptability to modern-day horse race betting in Arizona. You’ll learn about the best sites to place your bets, betting types in the horse race arena, and top terms and events on the horse race scene.
Best horse race betting Arizona
Top horse race betting sites AZ
If you’ve decided that online horse race betting is for you, you’ll have to choose a sportsbook. It’s important to measure your decision based on the site’s customer service, betting markets, security, and withdrawal/deposit options.
There are countless reviews of top Arizona sportsbooks online, but we always recommend exploring the sportsbook page on your own before making a decision. After all, you’ll be the one navigating it during the ups and downs of your betting career!
Sportsbooks options in AZ
To provide you with the most information on your sports betting options, we have come up with a short review of our top sportsbook picks below.
Supporting thousands of bettors, Twinspires includes a large array of horse betting options for their users. In addition, Twinspires Arizona offers its users up to $200 in sign-up bonus.
TVG Arizona offers traditional betting alongside unique betting options. In addition, they include phone, e-mail, and live chat support for excellent customer service options. They’re also offering a 50% deposit match bonus for new users who deposit up to $250!
Horse race bets in Arizona
Horse betting doesn’t include the typical options you see on top sports markets. Therefore, it’s important to familiarize yourself with horse race betting terms and structures. We’ll break down the top horse race betting options in Arizona below.
The bottom-line bets
Referred to as our basic bets, these are the simplest and most common betting options for horse races in AZ. They’re easy to understand and easy to place, which makes them a great option for beginner bettors.
A win is the most common bet in horse racing. You receive a payout if and when your chosen horse finishes in first place.
A place gives you a bit more leeway than a winning bet, as you receive a payout if your horse places first or second.
Extending grace yet again, in this bet, you’ll get your winnings if the horse places first, second, or third.
Horizontal exotic bets
We bet you’ve never heard of this exotic bet, pun intended. These types of bets generally include multiple race parlays, from 2 to 6 races.
Here bettors require more skill and planning. As any bettor would know, typically, the more complicated the bet, the bigger the risk; the bigger the risk, the bigger the potential reward.
The foundational horizontal exotic bet is the Daily Double. Here the bettor chooses the winning horses of two consecutive races.
Just as in the daily double, you can extend your winning picks to 3 or more races, up to 6.
Horizontal bet combos
Sometimes, a bettor has a hard time choosing between multiple horses. For example, let’s imagine that you want to bet on a Daily Double. You are confident in horse 2 as the first race winner, but you’re stuck between horses 2 and 3 for the second race.
In this scenario, you can play two combinations: 2-2, 2-3. This counts as making two bets, so your wager increases; however, you largely increase your odds of cashing a ticket should one of your combos be correct.
Vertical exotic bets
There are three types of common Vertical Exotic Bets. These all include predicting the finish order of a horse race.
Straight exactas require a bettor to choose the first and second place predictions for a horse race.
As the name suggests, this bet includes choosing the first, second, and third place winners in a race.
With a higher payout and a more difficult proposition, a straight superfecta includes predicting the first four finishes of one horse race… In order, of course.
To ease the pressure of the “-fectas” mentioned above, a quinella gives the bettor the option of choosing the first two finishers in no order. Also called a two-horse exacta box, a quinella bet is graded on the combinations that are chosen. As a result, there are fewer combinations to choose from, and the standard wager is usually $2.
How to place your bet in AZ
Whether you’re on track or your sportsbook, it’s important to note the specifics of your bet. So here is the information you’ll have to have on hand before placing your wager.
- Your horse’s number (and name)
- The race number
- The racetrack
- Type of bet
- How much you will bet
Example: “At Kentucky Oaks, second race, five dollars to win on number 3.”
The biggest horse race events for betting in Arizona
To know what to monitor and bet on while in Arizona, you’ll have to keep up with major horse racing events. Here are the top annual events, from the U.S. to abroad.
- Triple Crown
- Kentucky Derby
- Preakness Stakes
- Belmont Stakes
- Breeder’s Cup
- Boutique Meets
- Del Mar Thoroughbred Club
- Saratoga Race Course
- Keeneland Racecourse
- Florida Derby
- Travers Stakes
- Arkansas Derby
- Santa Anita Handicap
- Wood Memorial Stakes
- Kentucky Oaks
- Pegasus World Turf
- Pegasus World Cup
- Melbourne Cup, Australia
- Dubai World Cup, Dubai
- Grand National, UK
- Cheltenham Gold Cup, UK
- Saudi Cup, Riyadh
- The Everest, Australia
- Prix de l’Arc de Triomphe, France
The origin of horse race betting
Horse race betting is over four hundred years old. In the late 19th century in the U.S., there were already over 300 operating horse racetracks across the nation.
While the original bets were placed on the track the day of the races, only recently has it become legally accessible online in Arizona. Billions of dollars are wagered on horse races every year in the U.S. alone. With the addition of legal online horse race betting, this wagered amount is expected to rise considerably over the next few years.
Horse race lingo
Learning the lingo is a part of participation in any event. Familiarize yourself with some of the basics.
- Baby race: A race that includes 2-year-old horses, typically early in the race season
- Route: A race composed of two turns
- The track take: The fees deducted from pools for track taxes and income
- Blinkers: The equipment which limits the horse’s peripheral vision to eliminate distractions before, after, or during a race
- Post: The starting gate of a race
- Heavy track: When a grass racing surface receives rain and appears more swamp-like
- Odds: The chances of a horse to win a race, depending on wagers placed by public
- Miler: A horse that runs best at a mile distance
- Derby: A race for 3-year-old horses
- Maiden: A horse that has never won
- Dark: When there is no live racing at the track on a given day
- Across the board: Wagering on one horse for win, place, and show
FAQ’s About Horse Race betting Arizona
How can I bet on horse races in Arizona?
You can now legally bet on horse races at the tracks or via an online sportsbook in Arizona. Online sportsbooks allow you to bet from home on a secure and licensed platform.
What is the minimum I can bet on for a race?
Some bet minimums will go as low as $0.50, but the average minimum we see across platforms is $1. Most bettors tend to bet in sums of $5-10, but the total is always up to you.
How are the odds chosen?
If betting in-person, a track handicapper will determine the odds at post time. As the bets are placed, these odds change depending on the public wager. If betting online, the odds are engineered to attract equal attention to both sides, also changing up until post time.
How do I receive my payout?
If betting in-person, you’ll have to return to the window where you placed your original wager to show your ticket. If you’re betting on a sportsbook, your winnings are generally paid out automatically through the withdrawal method you previously selected. You may have to click a button requesting the withdrawal.
Which bets have the largest payouts?
Exotic bets tend to have a larger payout. This is because they are harder to pick, which makes the win more difficult.