WagerWeb Racebook Expert Review

Chris Adams

Written by: Chris Adams

Last Updated:

Read Time: 5 minutes

Betting Options90%

WagerWeb was founded in 1994 as BetCBS.com, one of the first online sportsbooks available for U.S. bettors. The racebook at WagerWeb launched a few years later in 1999 and now offers a chance to bet on racing odds from more than 50 North American venues.

The best feature about this trusted provider is that you can get 5% cash back on all your horse racing wagers, not just your total losses.

Pros and Cons

WagerWeb Racebook Welcome Bonus and Promotions

WagerWeb doesn’t offer a racebook welcome bonus, but you’ll find two generous welcome bonuses which can still benefit racing fans. On initial deposits of $50 or more, you’ll get either a 50% cash bonus, which you can use to bet on horse racing or a 75% free play bonus for sports.

The maximum bonus is $1,000, and there’s a 15x wagering requirement before you can cash out any winnings.

Customers who have been inactive at WagerWeb for three months or more can also receive the same bonus.

Existing WagerWeb customers have several reload bonuses available for a minimum $50 deposit. The first is a 30% cash bonus available on Bitcoin deposits from $100 to $500, with a 12x rollover. The second promotion is a 20% cash or 30% free play bonus on deposits from $50 to $1,000 with a 10x rollover.

The final bonus is 10% cash or 15% free play on deposits of $50 to $1,000 with just a 6x rollover and 1% cash back on the total free play wagered every week. You’ll also be rewarded with a reload bonus of your choice on your tenth deposit in any 90-day period without receiving a payout. This bonus comes with a 5x wagering requirement.

WagerWeb Racebook also rewards you for inviting your friends to play. Spread the word to up to three friends who open an account, and you’ll receive a 20% bonus based on the amount of their initial deposit, a 25% bonus on a second friend’s deposit, and a 30% bonus on a third friend’s initial first deposit.

Betting at WagerWebweb Racebook

There are more than enough events to satisfy any horse racing fan at WagerWeb Racebook, including at the biggest tracks in the U.S. and Canada. You’ll be able to wager on mid-week odds and have a chance to bet on all the biggest racing events worldwide.

Here’s a list of some of the popular racetracks available to bet on at WagerWeb Racebook:

You can make all the standard horse racing bets easily on the WagerWeb Racebook platform, such as win, place, and show, along with exotic wagers, like the exacta, trifecta, Pick 3, Pick 4, and Daily Double, for a chance to win larger amounts. Exotic wagers have much higher odds than standard bets, and if you’re lucky enough to hit a long shot, you could win a life-changing amount of cash.

Banking Options

WagerWeb Racebook gives you several methods to deposit and take payouts when you win betting on your favorite races:

Bitcoin – The only cryptocurrency accepted at WagerWeb has a low minimum deposit of $25 and withdrawals of up to $10,000 with no transaction fees. Payouts are processed within 24 hours.

Credit/Debit Cards – VISA and Mastercard offer instant deposits from $17 to $500 per transaction. However, you may have to submit a credit card authorization form before transactions are processed using this method.

Bank transfer – US and Canadian bettors can use this option for deposits and withdrawals directly into their bank accounts.

Cashiers Check – This banking method uses overnight courier services like FedEx to send in deposits and make withdrawals.

Person-to-person transfer – WagerWeb also uses person-to-person money transfers through MoneyGram for deposits of $100 to $690. There may be a transaction fee depending on the deposit amount.

Security and Licensing

WagerWeb Racebook bettors are protected by SSL encryption technology to ensure every transaction is secure. The platform hasn’t reported a security breach in its nearly 30 years of existence, so you can rest assured that your money is safe when depositing and withdrawing funds.

All bonuses, payouts, and deposits must be verified by phone or live chat for an extra level of security.

WagerWeb Racebook Customer Support

WagerWeb Racebook has had many years to develop one of the top customer service teams of any online gaming provider, with six dedicated phone numbers for assistance with a specific issue. By clicking the “contact us” link at the bottom of the main page, you’ll see a listing of numbers available for problems with payouts or betting.

However, customer support agents are only available from 10 am EST until halftime of the last sports event on the board daily. WagerWeb doesn’t have a live chat feature, but you should get a quick response when sending an email inquiry to support@wagerweb.com. An email link is also available at the bottom of the main page.


Is WagerWeb Racebook legal?
Yes. WagerWeb has been accepting online U.S. online bettors since 1994 and is a legal option for racing fans in every state except Washington. It’s also licensed by the Curacao Gaming Commission and promptly pays out players that win.
Are there live poker tournaments at WagerWeb?
No. Unfortunately, WagerWeb doesn’t have a live poker option, but you can check out the video poker titles available in the WagerWeb Casino.
Is there a WagerWeb Racebook mobile app?
There’s no need to download any software to bet at WagerWeb Racebook. You only need to use a web browser to access the site, where you can wager on all your horse racing picks using the smooth and responsive HTML 5 platform.
Can I use Bitcoin for deposits and payouts at WagerWeb Racebook?
Yes. Payments and withdrawals using Bitcoin are available at WagerWeb Racebook. You can deposit as little as $10 and withdraw as much as $10,000 within 24 hours with no transaction fees. However, WagerWeb doesn’t accept any other cryptocurrencies.
Do I need a bonus code for promotions offered at WagerWeb Casino?
No. WagerWeb Casino doesn’t use bonus codes for any promotions. However, you can only claim bonuses by contacting customer service, which is very helpful in getting the bonus you prefer and understanding all terms and conditions.