SportsBetting Racebook Expert Review

Chris Adams

Written by: Chris Adams

Last Updated:

Read Time: 4 minutes

Betting Options95% is one of the oldest online racebooks for US bettors. It was established in 2003 and is owned and operated by BetOnline to provide legitimate horse racing wagering for all bettors of legal gambling age wherever they live.

SportsBetting is licensed by the Panama Gaming Commission to offer betting on major and minor racetracks throughout North America and the world.

Pros and Cons

Welcome Bonus and Promotions

SportsBetting Racebook offers new customers an initial sign-up bonus of up to $25 free play, which is more like a first bet insurance. If your first bet of up to $25 is unsuccessful, SportsBetting will reimburse you with a free bet of the same amount.

To get your refund, you must send an email to within 24 hours of the completion of the race. You won’t be eligible for reimbursement if your first bet is a winner.

Online wagers made at SportsBetting Racebook will earn up to a 9% daily rebate, while wagers made over the phone are eligible for up to a 5% daily rebate. There’s no cap on the minimum number of bets you need to make or the rebate size you can collect with this promotion.

You can also boost your bankroll at SportsBetting, which offers a 300% Refer-A-Friend bonus of up to $200 for each person you refer that makes an initial deposit. Once that player wagers the same amount as their deposit and holds it for 30 days, your reward will be issued the following Tuesday.

Wagering at SportsBetting Racebook

The user interface at SportsBetting Racebook is identical to BetOnline’s platform, which is simple and clean. After logging in, clicking the “Racebook” tab will display a list of the day’s races available to wager. Clicking the name of any track shows details for each race, such as post times, horses entered, and race odds.

Over 70 worldwide racetracks are featured at SportsBetting Racebook. The menu on the left displays a listing by country of the tracks featuring upcoming races that day and how much time remains before they start.

You’ll currently find racing from US and Canadian tracks as well as forthcoming events from Australia, the UK, Ireland, France, and South Africa, with additional countries featured throughout the year.

It’s easy to bet by choosing the bet type from the menu, then picking your favorite horse and your stake amount. Details of your bet slip will be displayed on the right side of the page, with the option to remove or submit your bet at the bottom.

Most races will offer straight bets, Exactas, and Trifectas, with some bigger events offering other exotic wagers, such as Superfectas, Daily Doubles, Pick 3, and Pick 4 options. The simple design of the SportsBetting platform lets you place all these wager types in as little as a few seconds.

Banking Options

SportsBetting Racebook has more than enough ways for players to make transactions with their accounts. Here are the current banking methods available:

VISA/Mastercard – Deposits are available using VISA, MasterCard, American Express, and Discover debit and credit cards from $25 up to $2,500.

Cryptocurrency – SportsBetting Racebook accepts Bitcoin and 15 other cryptocurrencies for deposits from $20 to $100,000. Withdrawals are available for the same amounts, with processing in less than 48 hours.

Person-to-person cash transfer – Person-to-person transfers from $100 to $600 are available for deposits. Payouts from $50 to $400 are also available, with processing in five business days. Fees range from $26 to $51, depending on the amount withdrawn.

Bank wire transfer – Bank wire transfers are accepted for deposits of $1,000 or more, with no maximum. Payouts range from $500 to $25,000, with processing in up to 15 business days. Transaction fees depend on the amount withdrawn, ranging between a $45 flat fee and 3% of the payout amount.

Cashier’s check – Deposits using a cashier’s check delivered from your bank to SportsBetting Racebook by next-day courier are available from $2,500 to $10,000.

Bank check – Payouts by paper check delivered by courier service are available in 15 business days, from $500 to $2,500. The transaction fee is $50 for less than $1,500 and 3% for $1,500 or more.

Security and Licensing has been in operation since 2003 and is licensed by Panama Gaming Commission. The provider is committed to maintaining the confidentiality of all player information and uses standard SSL encryption software to ensure all financial transactions are secure.

Customer Support

SportsBetting Racebook offers 24/7 customer support via live chat, email, and phone, which are accessible by clicking the “Need Help” link at the bottom left of the page. You can either send an email using the link provided or to

The Help Center option also has a FAQs section to answer the most common customer inquiries regarding online accounts.


Can I bet at SportsBetting Racebook from outside the U.S.?
Yes. Besides the US and Canada, SportsBetting Racebook is available in many different regions, including Australia, New Zealand, the UK, and Europe. It’s best to check gaming laws where you live to see if playing at is legal.
Is SportsBetting a good site for betting on horse races?
Yes. SportsBetting offers racing from tracks worldwide and is legal in most US states and Canada. You’ll also find many different banking options for making quick deposits and payouts of up to $100,000, depending on the method you use.
Can I use Bitcoin for deposits and payouts at SportsBetting Racebook?
Yes. Deposits and withdrawals using Bitcoin and 15 other cryptocurrencies are available at SportsBetting Racebook. Deposits range from a minimum of $20, and payouts are available in 48 hours or less using crypto, with no transaction fees. There are also no transaction fees when depositing and taking payouts with cryptocurrency.
Is SportsBetting Racebook legal?
Yes. SportsBetting Racebook has been accepting online horseracing wagers since 2003 and is one of the most trusted online gaming providers in the US market. It’s licensed by the Panama Gaming Commission to offer legal horseracing action in almost every state.
Do I need a bonus code for promotions offered at SportsBetting Racebook?
No. There are no promotional codes needed to collect bonuses at SportsBetting Racebook. However, to claim the welcome bonus, you must email customer service within 24 hours of qualifying for the bonus, along with your name and details about your qualifying bet.