Online horse race betting promotions

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There are no loyalty points to track, excessive rules to consider or complicated redeeming processes. Customers simply place wagers and receive a percentage back every day. Horse Racing Insurance Offers Horse racing insurance promotions offer refunds to bettors whose selections come up short on race day.

The prototypical insurance offer in horse racing betting is the close call refund, which refunds WIN bets on horses that finish the race in second or third place. Advance-deposit wagering operators ADWs may also issue close call refunds on exotic bets such as the Pick 6 or Pick 4.

In many cases, ADWs offer close call refunds for select tracks only. In this case, bettors who get three selections correct but lose just one leg get their money back. Free Past Performances Free past performances are a stable promotion among horse racing betting sites. Mainstream ADWs typically offer free past performances by having bettors pay for them upfront and then issuing refunds if bettors place at least one wager on the applicable races.

Fee-Free Deposits Advance-deposit wagering is the only form of legal online betting in which deposit fees are still standard. However, fee-free deposit promotions are common among mainstream ADWs. For example, no fees every Monday is a typical offer.

Frequently Asked Questions Which are the best horse racing bonuses? New customer bonuses tend to offer the most value, often giving new users several hundred dollars in cash or site credit, depending on the size of their first deposit. Horse racing rebates also provide significant value over the long term. When you are the only option in town, you don't have to do much to get people to bet with you. When you go to make a bet online, however, there are all kinds of places willing to take your bet.

And honestly, most of them offer nearly exactly the same level of service. They must do something to make themselves stand out. What they have chosen to do is either offer bonus money or vouchers for free bets. This costs them virtually nothing and makes them more enticing. Sure, they have to pay out when someone wins, but that cost is absorbed by the number of people who lose when they bet.

Having these promotions helps them market themselves and also gives something to new customers. Overall everyone wins and it becomes a generally positive thing for the community of horse racing gamblers. That's just not true. All of these sites are in competition. It is your right to try them all. You can claim as many welcome bonuses from as many sites as you want.

That way you can really see how the bonuses work and more importantly try out a bunch of sites and see the ways each one works for you. This will give you a broad sense of all of the options out there and help you make the right choice about which site will be best for you in the long term. It can also allow you to pick up a ton of bonus cash to make bets with.

Never let any site convince you that you can't bet on and take bonus cash from other sites. That's simply not the way the system works. Try out as many sites as you like — and can afford to bet on — and then make your final choice. You may be tempted to try to get around this. You might, for example, try to register under a different name. But if you do that you'll get caught out. First of all, they can monitor your IP address and nearly instantly figure out you are the same person.

Secondly, when you withdraw money, they'll notice the name of the person you are withdrawing it to. You may be tempted to try to run a VPN in order to try to claim more than one welcome bonus from a site. But again, when it comes time to withdraw they will verify you and you'll be caught.

When you are busted for trying to open more than one account and claim multiple welcome bonuses you won't like what will happen to you. All your cash from both accounts will be seized by the online bookie. Then you'll be banned from ever gambling there again. In some cases, the site may pursue fraud charges against you. All in all, it's not worth the huge risk to simply try to gain a little bit of extra bonus money to bet with.

Make Sure You Use Your Bonus Money Before Time's Up One thing you may not realize — because it's often down there in the fine print — is that you will generally have a limited amount of time to use your bonus money. This could be as short as a week or as long as a month. Whatever the time limit is, you can be sure it exists. Your best bet is to check their terms and conditions and find out what the time limit is.

Then be sure to use your bonus money in that amount of time. If you don't, you'll lose it and won't be able to get it back. The best strategy to use is to bet your initial deposit. Then before depositing more money bet your bonus money. That way you won't forget about it. Plus, betting with bonus money is free anyway so it's a better play. After that, only deposit more of your own money once you've played through all of your bonus money.

That way you won't forget about it and see it disappear in a puff of smoke. When you bet with your own cash, you want to claim solid wins. Therefore, you stick to safer bets. That way while you win less you win far more often. This is a good path to making a profit while betting.

But that changes when you have free money to bet with. You are risking absolutely nothing. You have to change the way you bet. If you use your bonus money to bet on a sure thing, you'll probably win. But the amount you will win will be so low as to not really be worth it. And if you lose, you won't lose any of your own money. And your goal is to turn that bonus money into real cash that you can withdraw. So instead of betting your bonus money on something that will pay off at two-to-one odds, you want to look for something that pays off to-one or better.

Don't make stupid bets — but if you take a look at the odds at any online bookie you will find a race that is priced wrong. There will be a horse at high odds that has a good chance of winning. That's where you want to place your bet with bonus money. Remember, if you lose, you still lose nothing.

But if you win you will actually get a decent amount of money to withdraw. Save your bonus money for the highest odds you can find and have a decent chance of winning. Only you know your actual situation. And remember, you don't want to ever feel pressured into betting more than you can afford to lose. So, before you pick any site for your promotional bonus, evaluate the offer. Is it one you will probably actually use? Or is it one that will stay beyond your grasp forever? If you are a casual gambler you won't ever use their VIP program.

The details of it don't matter to you. If you don't talk to that many people online, then a refer a friend program isn't going to help you. Always select the promotional bonus that works best for you — and don't simply look for the one that offers the most money. By now you should understand how most bonus offers work. And you should be able to pick the one that is right for you.

So check out the various bookie sites, pick one, and get ready to take advantage of your bonus money. Who knows? You may get lucky and pick just the right horse and be able to cash in a ton of money. Read Also.