BetOnline Racebook Expert Review

Chris Adams

Written by: Chris Adams

Last Updated:

Read Time: 5 minutes

Betting Options95%

BetOnline is one of the most experienced and trusted online gaming providers, catering to the U.S. market since 1991 to deliver a wide range of gambling options on the same platform.

BetOnline Racebook offers year-round betting options at multiple worldwide racetracks daily using full track odds. From Saratoga to Santa Anita, you’ll find plenty of horse racing action for every level of bettor.

Pros and Cons

BetOnline Racebook Welcome Bonus and Promotions

If you’re a new player at BetOnline Racebook, you can take advantage of an initial $25 risk-free bet. So if your first wager isn’t a winner, you’ll be reimbursed with up to $25 in free play.

The promotion is only valid for the first-ever bet at BetOnline Racebook and has a 6x rollover before you can cash out winnings.

You can request reimbursement for your first losing bet by emailing with your account number and ticket number of the bet within 24 hours of the race’s completion.

Your free play bonus will be credited to your account within 48 hours and must be used within 30 days of receipt. Initial wagers made over the phone are not eligible for this promotion.

Online exotic bets made at BetOnline Racebook will receive a 9% daily rebate, with no limit to the amount you can earn. Exotic wagers made over the phone will receive a daily 5% rebate.

Straight bets (win, place, or show) made online pay a 4% daily rebate, and over the phone will pay you a 2% daily rebate. Refunds are only paid for bets made at A, B, and C category tracks.

Betting at BetOnline Racebook

BetOnline Racebook features betting from over 60 racetracks, including famous North American racecourses like Santa Anita, Churchill Downs, and Belmont Park. You’ll also find international thoroughbred and harness racing from various markets like Canada, Australia, Ireland, and South Africa.

The betting software at BetOnline Racebook is well-designed, allowing you to view upcoming races with just one click. Selecting any track from the upcoming races tab instantly shows odds for the next race, with available bet types displayed at the top.

The interface lets you quickly choose your stake, bet type, and horse before adding the wager to your bet slip.

Besides straight bets like Win, Place, or Show, bigger profits await if you’re lucky enough to win an exotic wager like an Exacta, Trifecta, Superfecta, Daily Double, Pick 3, Pick 4, or Pick 6. You can also bet on horseracing futures and daily head-to-head matchup wagers at BetOnline Racebook.

Banking Options

BetOnline Racebook offers one of the most extensive selections of secure banking methods for any online gaming provider:

Bitcoin – Bitcoin is the fastest and easiest method to deposit anywhere from $20 to $500,000 and the quickest withdrawal method. You’ll also receive reload bonuses on Bitcoin deposits, good for sports betting and casino play. Payout amounts are available from $50 to $100,000.

Other cryptocurrencies – BetOnline Racebook also accepts many other cryptocurrencies, such as Bitcoin Cash, Avalanche, Dogecoin, Litecoin, Ethereum, and Ripple, for deposits as low as $20 up to a maximum withdrawal of $100,000. However, you won’t receive the same bonuses as you will using Bitcoin.

Credit/Debit Card – Instant deposits from $25 to $2,500 are available at BetOnline Racebook using VISA, MasterCard, Discover, or American Express debit, credit, and prepaid cards.

Check by Courier – Payouts from $100 to $3,000 can be sent by check utilizing courier services, such as FedEx. However, payments may take up to 15 business days to be delivered.

Person-to-person transfer – You can send cash to fund your account and take payouts through a person-to-person transfer. This method accepts deposits from $100 to $600, with a maximum payout of $400.

Money Order – Prepaid money orders are accepted for deposits of $300 to $9,000 and can be used for payouts ranging from $500 to $3,000.

Bank Wire Transfer – Using the wire transfer option, you can transfer funds directly to and from your bank account. Deposits from $500 to $10,000 are accepted, and payouts are available from $500 to $25,000.

Check by Courier – This method is only available for payouts from $500 to $2,500 and is sent by a courier service, such as FedEx.

Security and Licensing

BetOnline is one of the world’s oldest online gaming providers and is licensed to operate by the Panama Gaming Commission. It also has a stellar reputation for fairness and honesty throughout the online gaming industry. BetOnline also keeps customer data secure using the latest SSL encryption software and secure firewalls to protect against data breaches.

Customer Support

BetOnline Racebook is available 24/7 to assist customers using live chat, email, or phone by clicking the “Need Help” link at the bottom left of the page. You can email using the link provided or by sending an inquiry to

You can also use the Help Center option to be directed to the FAQs section, which answers the most frequent customer questions regarding all aspects of your account.

BetOnline Racebook FAQs

Is my money safe at BetOnline Racebook?
Yes. When you deposit BetOnline, the funds are held in an insured escrow account, so it’s secure and available to be withdrawn daily within 48 hours of making a request.
What’s the most I can win at BetOnline Racebook?
Maximum net profits at BetOnline Racebook depend on the Track Category for the race you wager. The max profit at Category A tracks is $50,000, Category B is $25,000, and Category C’s maximum payout per race is $15,000. Special Categories like Breeder’s Cup races have a maximum net profit per race of $100,000.
How old do I need to be to wager at BetOnline Racebook?
Unlike most regulated online betting sites in the U.S., where the minimum age is 21, customers at BetOnline must be at least 18 years old to bet at the online racebook, casino, or sportsbook.
How often can I make withdrawals at BetOnline Racebook?
The maximum total payouts for most withdrawal methods is one per day and two per week. Person-to-person and withdrawals by money order are restricted to one withdrawal per day and per week.
What’s the fastest way to get paid out at BetOnline Racebook?
The most convenient and fastest way to get a payout at BetOnline is using cryptocurrency, which usually takes less than 24 hours to show up in your crypto wallet but is often available in under an hour.