Indiana Horse Racing Betting

Indiana may not have centuries-old horse racing history like other states in North America, but there are still plenty of loyal horse fans. Indiana horse racing betting is vital to the local economy, generating millions in tax revenue and providing thousands of local jobs. Residents can enjoy both Thoroughbred and Harness races at the tracks located in the state. There are also off-track betting locations that allow horse enthusiasts to bet the ponies. Horse racing betting sites are another popular option for Indiana horseplayers because of their convenience and flexibility.

Choosing whether to bet locally or use an online racebook is not a decision that you have to make. You can bet at both or wager entirely on the internet and make money either way. Online racebooks offer everything that you would find at Hoosier Park or Indiana Downs plus more, which is why residents tend to bet online. We will walk you through all of your options and show you how to get the best of both worlds at Indiana horse racing betting sites.

Is Horse Racing Betting Legal In Indiana?

Horse racing betting is completely legal in Indiana, with several state-licensed racetracks and OTBs. The Indiana Racing Commission was formed in 1989 to oversee pari-mutuel wagering operations in the state. In 1994, the opening of Hoosier Park marked the first pari-mutuel racetrack in Indiana. Since then, the state has legalized by live wagering and simulcast wagering. Indiana horse racing betting options also extend to the internet, as there are plenty of legal online racebooks that accept residents every day.

How to Bet on The Horses

Learning the different types of horse bets is the best place to start when it comes to Indiana horse racing betting. Whether you are betting at Hoosier Downs or using Bovada’s online racebook, the horse wager types will be the same. We can define the most commonly accepted horse bets below:

Win – The Win bet is the most straightforward wager that you can place. You are predicting the winner of a race.

Place – A Place bet is a wager on your horse to finish in either of the top two spots. Whether first or second, the payoff will be the same because you are taking less risk than you would with a Win bet.

Show – If you predict that your horse will finish somewhere in the top three, you can make a Show bet. Your horse can finish 1st, 2nd, or 3rd and you will have a winning wager.

Exacta – An exacta bet is when you wager on the exact finishing order for the first two horses in a single race.

Trifecta – The Trifecta involves predicting the first, second, and third finishers of a race in exact order. More difficult than an exacta, the payoff is higher for a trifecta wager.

Superfecta - TThis is the hardest single-race exotic horse bet, as you must correctly bet on the first four finishers of a race.

Where Can I Bet On Horse Racing In Indiana?

There are a couple of locations where residents can bet on horse racing in Indiana. The first track, Hoosier Park, was opened in September 1994. A year later, the Indiana Horse Racing Commission authorized off-track betting locations to be opened in several cities across the state. Today, there are two racetrack-casinos and three OTB parlors in Indiana. The off-track locations are subsidiaries of the licensed racetracks in the state. All of the places to bet on horses in Indiana are listed below:

Indiana Racetracks

Hoosier Park
4500 Dan Patch Cir.
Anderson, IN 46013

Indiana Grand
4300 N Michigan Rd
Shelbyville, IN 46176

Off Track Betting

Winner's Circle OTB
1304 Minnich Road
New Haven, Indiana

Winner’s Circle Pub, Grille & OTB
20 N Pennsylvania St.
Ste 2
Indianapolis, Indiana

Winner’s Circle OTB
650 Eastern Blvd.
Clarksville, Indiana 47129

Can I Bet On The Triple Crown In Indiana?

Yes, and you can so at off-track betting sites and through online racebooks. No matter what leg you’re wagering on you will find all of the same bet types such as a win, place, show, trifecta, or superfecta. The payouts for the Kentucky Derby are especially sizable and make betting on the ponies one of the most profitable events in all sports.

Best Sites For Horse Betting In Indiana

The best horse racing sites for sports betting in Indiana are those that have the most reliable banking and the greatest variety of betting odds. Top sites feature horse racetracks like Santa Anita and Churchill Downs, but also have races that are hosted all over the world. Horse bet rebates are also ideal, as are deposit bonuses that can boost your bankroll. The best online racebooks for Indiana residents are Bovada, BetOnline, 5Dimes, and SportsBetting.

Bovada - Bitcoin Horse Racing Betting

Bovada Racebook is an ideal site for Indiana horse racing betting. As one of the most trusted names in the online gaming community, you know that you will find the latest horse betting odds and some of the best features. Bovada has one of the easiest to navigate mobile racebooks, giving you the ability to take your racebook with you wherever you go. The same European, Asian, and North American tracks that you would find on the desktop site are available from your iOS or Android device. You can make deposits, place your wagers, and even request withdrawals from your smartphone or tablet.

Making your deposit is the first step toward betting the ponies at Bovada. The best racebook deposit option is bitcoin, as the transactions are reliable and banking limits are more flexible. You can deposit a minimum of $10 and a maximum of $5,000 with the online cashier. On the other hand, you can deposit between $20 and $1,500 with Visa, Mastercard, or AMEX. When you make a bitcoin deposit, you can also redeem a huge bonus. The Bitcoin Welcome Bonus will match your first-ever deposit by 50% for up to $250 with code BVSBITCOIN50. Sign up today to start betting the ponies with bitcoin!

BetOnline - Mobile Racebook + $25 Risk-Free Horse Bet

BetOnline RacebookBetOnline is one of the top online racebooks for Indiana horse enthusiasts. The online gaming operator has been in the industry for over a decade and is one of the only sites that accepts players from all 50 states. BetOnline has all of the latest horse betting odds from harness tracks like Hoosier Park and major Thoroughbred tracks like Churchill Downs and Del Mar. You can view the horse racing calendar and spend the day wagering as if you are at the races. The best part is that you can wager from anywhere with the easy to use BetOnline mobile racebook. Just visit from your smartphone or tablet and start betting the ponies without any third-party download.

Another great feature of BetOnline Racebook is their Promotions page. You will find that there are a couple of offers, including the $25 Risk-Free Bet. If your first bet with the racebook does not win, the online cashier will reimburse your account with a free play of equal value (up to $25). The site also gives track rebates of up to 7% on just about every wager that you place. There are no limits on how much you can earn or how many bets must be placed. Join BetOnline Racebook today to take advantage of these exclusive offers.

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