Michigan horse racing betting has been something that residents could enjoy since the 1930’s so clearly there is a rich history of betting on horses within the state. When most people think about gambling in Michigan, they probably think of all of the great sports teams that are all over the place but its horse racing that seems to be the most popular betting venture in the state. With multiple tracks in state as well as ton of different off-track betting in Michigan, fans have plenty of options to choose from.
This page will be your guidebook for all things Michigan horse racing betting. Everything we discuss on this page can be useful to players who don’t have much experience as well as those who consider themselves horse racing experts. The laws involved, different wager types, local horse racing tracks, and why online horse racing betting is the best option for Michigan residents will all be covered.
Just like in most other states, betting on horse races is legal in Michigan. While other sports have a lot of restrictions in terms of the legality of things, horse racing really lucked out after the federal government passed the Interstate Horse Racing Act in 1978. This law essentially made betting on horses legal throughout the country and separated it from sports betting.
Online horse racing betting is legal when using the sites that we have provided on this page. While there are federal laws that provide some banking restrictions like the UIGEA, there is nothing that prohibits citizens from participating in online horse racing activities. In fact, Michigan passed a law not too long ago that allows online betting on horse races with specifically laid out sites that the state decided upon. But again, stick with the sites we have provided and you won’t have a problem.
Michigan residents have the option to bet on horse racing with straight wagers or exotic wagers. Traditionally straight wagers like Win, Place, and Show are for less experienced bettors while exotic wagers like Exacta, Trifecta, and Superfecta bets are for experts but that really isn’t the case. Straight bets, while easier, can be enjoyed by players of all skill levels and the same can be said about exotic bets.
In all of the Michigan horse racing betting scene, the Triple Crown is what is bet on the most. Triple Crown betting is what most horse racing fans wait for all year long and once it’s finally here, they throw lots of money on all three races. The Kentucky Derby starts off the trio of races and Derby betting is absolutely the most popular of the three. The second race is the Preakness Stakes and the Belmont Stakes completes the Crown. It truly does not get better than betting on the Triple Crown.
Hazel Park Raceway and Northville Downs are the only two horse racing tracks in Michigan. Both allow fans to place wagers but obviously, when you are going to a live track, you are limited as far as races to bet on. Local tracks only run for a few weeks a year and if you aren’t home to a big name track, then the betting opportunities aren’t particularly lucrative. That is why Michigan residents should instead use online horse racing betting sites. All of the top sites provide betting lines on any race you can think of and it eliminates all of the hassle and annoyance of traveling to an actual track. Off-track betting is the future of the industry and really that has already been proven.
Bovada, 5Dimes, BetOnline, and SportsBetting.ag are the four top names in the online horse wagering business. These sites offer up safe and legal betting opportunities on horse races and all four accept residents from Michigan. The best part about them is the variety they possess in the form of deposit and withdrawal options, wager types, bonus opportunities, available tracks, and so much more. For a better look at what sites like these can do for you, check out a couple of reviews we have put together below for legal online gambling sites in Michigan.
5Dimes is a very intriguing site for Michigan residents to frequent as it really doesn’t look like one of the more detailed sites at first glance but once you dive into their page, you will see that it is actually one of the more thorough and varietal sites that you will find. It’s simple, and to the point, while still providing terrific value to their customers, which is actually pretty refreshing. 5Dimes has several different things to bet on including one of the best horse racing betting pages in the business.
5dimes Racebook offers lines on every major racetrack in the United States as well as some from outside of the country. They have all of the wager types you would expect at a racebook like straight Win, Place, and Show bets but they also have more available exotic wager types than a lot of other sites. Perhaps the biggest draw to this site is the fact that they actually offer two separate racebooks, which is unlike any other site. They have a rebate racebook and an added percentage racebook. The rebate option gives players a 9% rebate on all of your bets, regardless of whether you win or lose. That is the highest rebate percentage of any other major players in this industry. The other option gives players an added 10% on top of all winning bets when playing with Win bets or exotic wagers.
This is just a small glimpse into what 5Dimes has to offer with their racebooks. It’s incredibly easy to get started as all you need to do is fill out some basic information and put some money into your account. From there it’s smooth sailing to bet on any race you want.
Licensed out of Panama City, Panama, BetOnline is a wagering website that has been offering several forms of betting opportunities for players all over the country, including Michigan, for nearly 20 years. Over this time BetOnline has proven to be one of the best online wagering sites available on the internet today. One of the biggest reasons that they have become so popular is due to their ever growing horse racing betting section, which is called a Racebook.
There are a ton of benefits that come with BetOnline’s Racebook including a multitude of different racetracks to bet from. There are betting odds on more than 60 of the best racetracks in the United States, including all three Triple Crown races, the Breeders Cup, the Travers Cup and so much more. Whatever your favorite race is, it’s likely that BetOnline offers odds on it.
There are also plenty of bonus opportunities that you can claim when using BetOnline such as their 7% weekly track rebate that provides rebates on bets regardless of the outcome. This bonus has no set maximum amount that can be earned, and there is also no minimum requirement for how much you can bet.
These are just a couple of the excellent benefits that BetOnline offers so create your account today and check out all this site has to offer. It’s free to sign up and as long as you are 18 years or older, you can join. If you have any other questions, BetOnline’s customer service is extremely helpful and is available for contact 24/7.
Racebook | Bonus | Michigan Welcome? | Visit |
---|---|---|---|
Bovada Racebook | 50% Up To $250 First Deposit | Yes | Visit |
SportsBetting | 50% Match On First Deposit | Yes | Visit |
BetOnline Racebook | $1,000 On All Deposits - 25% | Yes | Visit |
5Dimes Racebook | 50% To $200 Then 20% To $500 | Yes | Visit |