Tennessee Horse Racing Betting Sites – Compare the 10 Best TN Horse Racing Betting Sites in 2023
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Online sports betting was legalized in Tennessee in 2019 but it was not until November 2020 that the state launched its first online sportsbook, which included horse racing betting. We now identify the best 10 horse racing betting sites in TN, providing an in-depth look at the horse racing product, rebates, free bets and bonuses.
Best Tennessee Horse Racing Sites
List of the Best Tennessee Horse Racing Betting Sites
This section on TD horse racing ranks the top 10 sites for betting on the sport. The operators are legally allowed to accept players from the United States at their offshore locations.
- BetOnline – The leading Tennessee horse racing betting site.
- Bovada – Outstanding mobile horse racing betting experience.
- MyBookie – Extensive US horse racing coverage for TN players.
- BetUS – Premier offshore location for thoroughbred Leading site for thoroughbred TN horse racing bets
- XBet – Racing rebate with no wagering requirements in Tennessee.
- BUSR – Futures bets for races in the US and overseas.
- Sportsbetting.ag – Excellent rebates for TN horse racing betting.
- Jazz – Good value in odds for horse racing
- Betanysports – Track odds plus 10% Tennessee horse racing payouts.
- Everygame – Good range of standard and exotic wagers.
Reviews of the Best Tennessee Horse Racing Betting Sites
Each of the 10 best sites for betting on horse racing in Tennessee are offshore and now reviewed:
1. BetOnline – The Leading Tennessee Horse Racing Betting Site
Our guide to Tennessee horse racing betting concluded that BetOnline provides the best online service overall. The standalone racebook features a 9% rebate on horse racing. Also, horse racing players can claim $25 in the form of a free bet.
The operator offers about 20 betting sports. The service includes odds for football, hockey, baseball, basketball, soccer and tennis. New customers are eligible for a welcome bonus that is activated by entering the BetOnline promo codes.
- Rebate of 9% for horse racing
- Free horse racing bet for $25
- Dedicated racebook lobby
- Reliable customer care
- Horse racing not live streamed
- Credit card transaction charges
2. Bovada – Outstanding Mobile Horse Racing Betting Experience
Bovada stands out due to the quality of the experience of betting on horse racing using mobile devices. The fully functional mobile website is compatible with iOS and Android. It replicates the desktop site in terms of account management and Tennessee horse racing betting.
The sportsbook features over 20 betting sports in addition to the dedicated horse racing lobby. Players can place bets in pre-game, in-play and futures markets. New registrations claim a welcome bonus using the optional Bovada bonus code.
- Mobile website including horse racing
- Over 20 betting sports
- Pregame, live and futures betting
- Welcome bonus using promo code
- Number of restricted states
- Dated website desaign
3. MyBookie – Extensive US Horse Racing Coverage For TN Players
MyBookie provides a comprehensive horse racing service for TN players. It includes many thoroughbred and harness racing fixtures in the US and other racing countries, including Australia and the UK and Ireland.
There is a horse racing rebate for up to 8% that depends on the bet type and class of the track. There are almost 30 sports categories, featuring odds in pre-game markets, in-play events and futures betting. The MyBookie promo code required for the welcome bonus.
- 8% horse racing rebate
- Betting on main US races
- Welcome bonus using promo code
- Betting on 20 sports
- Sign up bonus can’t be used on horse racing
- High welcome bonus minimum deposit
4. BetUS – Premier Offshore Location For Thoroughbred Racing
The BetUS thoroughbred racing service is particularly strong. It features meetings in North America and the UK and Ireland, South Africa and Australia. This bookie offers a good range of standard and exotic wagers for TN horse racing players.
The operator has many years experience in online sports betting. The betting categories are complemented by an excellent range of promos for new and existing account holders, such as a $10 refund on selected races. The registration offer is triggered using the BetUS promo codes.
- Major upcoming races futures
- Number of races offer $10 refund
- Welcome bonus using TN promo code
- Harness racing also on offer
- Horse racing low maximum payouts
- Limited range of betting sports
5. XBet – Racing Rebate With No Wagering Requirements In Tennessee
Tennessee horse racing wagers are subject to a rebate of up to 7%. The specific percentage refund is based on the level of the track and the type of bet, which can be standard or exotic. The absence of wagering requirements means the rebate is credited as betting funds.
There is a standalone racing lobby, including thoroughbred, harness and greyhounds racing. The brand features racing fixtures from the United States. Australia and the UK and Ireland. The XBet promo codes is used to activate any welcome bonus.
- Maximum 7% horse racing rebate
- Rebate not subject to wagering requirements
- Betting on international races
- Registration bonus using promo code
- No dedicated apps
- Payouts restricted to business days
6. BUSR – Futures Bets For Races Overseas And In US
BUSR scores well for the selection of futures races. You can bet on major meetings in the United States, such as the Breeders’ Cup and US Triple Crown. The desktop site also features ante post betting on major upcoming races in the UK, France and Australia.
There are about 20 sports in the main betting lobby. The brand offers main markets and team and player props for games in the NFL, MLB, NHL and NBA. Players can also wager on global sports after using a BUSR promo code to claim the welcome bonus.
- Racebook featuring futures betting
- 20 pre-game and live betting sports
- Main North American pro leagues
- Welcome deposit bonus codes
- Payment options limited
- Horse racing not streamed live
7. Sportsbetting.ag – Excellent Rebates For TN Horse Racing Betting
An impressive benefit from registering with Sportsbetting.ag is horse racing rebates up to 9%. The actual value varies, based on the type of bet and the track grade. The site also features a free horse racing bet for $25 with no need to enter a Sportsbetting.ag bonus code.
The racebook offers odds for thoroughbred and harness racing. Coverage includes fixtures in the United States, Australia, South Africa and Canada. There are 20 betting sports in the sportsbook that provides pre-game, live and futures betting.
- Horse racing rebate for maximum of 9%
- Free bets for $25 on horse racing
- US and international races
- Numerous markets for 20 betting sports
- Ewallet payments not accepted
- Payouts subject to delays
8. Jazz – Good Value In Odds For Horse Racing
Even though the variances might be slight compared to other offshore sportsbooks, there is some value in the TN horse racing odds at Jazz. Recreational players might not notice the difference but big stakers will be attracted by the competitive lines.
Another appealing aspect is the horse racing rebates for up to 10%. There is a scale of percentages linked to the class of the track and type of bet. The small number of betting sports is offset by a welcome bonus that requires the Jazz promo code.
- Horses rebate for 10% at most
- Competitive lines for horse racing
- Sportsbook pre-game, in-play and futures
- Sign up offer activated by promo code
- Free bets do not include horse racing
- Small number of betting categories
9.Betanysports – Track Odds Plus 10% Tennessee Horse Racing Payouts
The brand offers the outstanding bonus of track odds enhanced by 10%. That means a horse that wins at 10/1 (+1000) will be paid out at 11/1 (+1100). The boost is significant in a competitive market with very little to differentiate each offshore sportsbook.
Betanysports’ dedicated racebook offers betting on many US thoroughbred racing tracks, including exotic and standard wagers. The 20 betting sports are available once you have registered with the promo code for Betanysports.
- Track odds boosted by 10%
- Quick sign up using promo code
- Exotic and sports bets
- 20 betting sports
- No horse racing rebates
- Payouts not made on day of request
10. Everygame – Good Range Of Standard And Exotic Racing Wagers
There is no standalone racebook at Everygame so horse racing is one of the categories on the main sports menu. There is betting on the major tracks in the US and at times odds for important overseas races. The lack of rebates is compensated for by a wide range of standard and exotic bets.
New players who sign up to this Tennessee horse racing site are eligible for a welcome bonus using the Everygame bonus code. There are also ongoing promos for current players. The sports menu includes the four main college and pro sports and global sports like soccer, tennis and golf.
- Premier race track lines
- Standard and exotic wagers
- Horse racing futures
- Promo code entered for welcome bonus
- Small number of race meetings
- Limited betting for international races
More on gambling in Tennessee…
Learn about all types of online gambling in TN in our expert guides below:
Comparing the Best Tennessee Horse Racing Betting Sites
The table below provides a comparison of the top 10 TN horse racing betting sites:
Explore Our Sports Betting Guides
How to Bet on Horse Racing in Tennessee
Betting on horse racing is different to betting on other sports. There are standard and exotic wagers that are specific to racing which we will explain later in this TN horse racing guide.
Where can I Bet on Horse Racing in Tennessee?
Tennessee is unique in that it is the only state with sports betting confined to online providers. There are no bricks and mortar casinos or retail betting outlets but the state passed digital sports betting laws in 2019. However, the first legal online sportsbook in TN was only launched in November 2020.
Despite this apparent regulated activity, sports betting is hindered by the legislator’s insistence that bookmakers hand over 10% of the hold. Other states ask operators to forfeit between 5% and 7% of the profit so bookmakers in Tennessee may offer lower odds to compensate for this tax burden.
Residents of Tennessee aged 21 and older can register with US-regulated and offshore sites and apps. Desktop and mobile betting is approved by the Sports Wagering Committee of the Tennessee Education Lottery which means regulated sites and apps are safe and legitimate.
What Horse Racing Bets Can I Wager On Online?
Online Tennessee horse racing operators accept standard pool wagers: Win, Place and Show. Players can also place exotic bets, including the Exacta, Trifecta, Superfecta, Daily Double and Pick 3, 4 and 6. Win and each way bets are accepted at fixed odds at racebooks.
Races in the US are mainly flats, including the Triple Crown: Kentucky Derby, Preakness Stakes, Belmont Stakes. The Maryland Hunt Cup is the most prestigious steeplechase. Offshore bookies also offer wagers on major overseas races, like the Aintree Grand National and Melbourne Cup.
All these bets are available on the best offshore sportsbooks.
What are the Benefits of Offshore Horse Racing Betting Sites?
Tennessee horse racing operators located offshore provide the following benefits:
• Fixed odds and pool betting.
• Horse racing bonuses and free bets.
• One-stop online sportsbook, casino and racebook.
• Single account across multiple products.
• Main cryptocurrencies accepted for anonymous payments.
• Dedicated apps for iOS and Android platforms.
• Mobile websites that replicate the desktop product.
Users can enjoy these benefits on the best online sportsbooks.
Explore Our Betting Odd Guides
How Does Horse Racing Betting Work in Tennessee?
Horse racing odds are displayed in the following formats: American, decimal and fractional. American odds are based on a $100 bet and only express the profit, decimal odds include the stake and returns from fractional odds are enhanced by the stake.
The format can be selected from a drop down menu at our recommended TN horse racing sites. In other parts of the world, odds can also be shown in the following formats: Malaysian, Indonesian and Hong Kong. Some offshore sportsbooks allow players to select these Asian formats.
Knicks Go won the 2021 Breeders’ Cup Classic at + 220 (American), 3.2 (decimal) and 2.2/1 (fractional). The horse was on offer at morning line odds of 5/2. A $100 bet at the final odds returned $320, made up of $220 in profit and the $100 stake. The implied probability was 31.3%.
Explore Our Sportsbook Reviews
What Horse Racing Markets can you Bet on in Tennessee?
Horse racing markets in Tennessee appear under two headings: standard and exotic.
Here are brief descriptions of horse racing standard wagers with examples taken from the 2021 Breeders’ Cup Classic. The result was as follows, with dividends declared to a stake unit of $2:
1st Knicks Go: Win $8.40 Win, Place $6.20, Show $4.00.
2nd Medina Spirit: Place: $6.60 Place, Show $4.00.
3rd Essential Quality: $2.80 Show.
A bet on a horse to win a race, such as Knicks Go at $8.40 in our sample race. A $10 winning bet returns $42.00.
A bet on a horse to finish first or second in a race, like Medina Spirit at $6.60 in the Classic. A successful bet for $10 brings $33.00 in returns.
A bet on a horse to finish first, second or third in a race, so Essential Quality at $2.80 at the Breeders’ Cup. A winning $10 bet accrues $14.00.
The next section explains exotic wagers, using examples from pool dividends for the 2021 Breeders’ Cup Classic.
1st Knicks Go
2nd Medina Spirit
3rd Essential Quality
4th Hot Rod Charlie
$2 Exacta: $45.40
$1 Trifecta: $335.90
$1 Superfecta: $383,355,50.
A forecast bet on the horses to finish first and second in the correct order in the same race. A $10 bet on Knicks Go and Medina Spirit pays $227.00.
A forecast bet on the horses to finish first, second and third in the correct order in the same race. A $10 bet on Knicks Go, Medina Spirit and Essential Quality pays $3359,00.
A forecast bet on the horses to finish first, second, third and fourth in the correct order in the same race. A $10 bet on Knicks Go, Medina Spirit, Essential Quality and Hot Rod Charlie pays $3833,550.00.
A pool parlay bet on the winner of two consecutive races at the same meeting, with dividends declared to $1.
A pool parlay bet on the winners of three, four and six consecutive races at the same meeting, with dividends declared to 50 cents for the Pick 3 and Pick 4 and $1 for the Pick 6.
There is more information on our guide to horse racing.
How does Pool Betting Work in Tennessee?
This activity in Tennessee involves betting into a pool. The Win, Place and Show dividends are based on the stakes for each type of bet and declared for a stake unit of $2. The pool is shared between people with winning tickets. However, there are deductions for tax, operating costs and profit.
Can I Bet Online Via TVG/Pools in Tennessee?
Online pool betting at TVG and other pool operators is legal in Tennessee. It falls within the category of desktop and mobile betting on TN horse racing.
How to Sign Up to an Offshore Horse Racing Betting Site in Tennessee
Here is a step-by-step guide to signing up to a TN horse racing offshore site, using BetOnline for illustration purpose:
Step 1. Visit BetOnline
The first step is to display any page of the BetOnline desktop or mobile website and click ‘JOIN’.
Step 2. Register
Then you complete the registration screens and submit an application to join BetOnline.
Step 3. Deposit
Thirdly, select a payment method and provider and specify the amount to deposit.
Step 4.Place Bet
Finally, select the race and click on the odds for your predicted outcome which activates the Bet Slip where you enter the stake and place your bet.
Bonuses Available at Tennessee Horse Racing Betting Sites
Players can enjoy the benefits of the following Tennessee horse racing online bonuses:
Match Deposit Bonuses
Generally, sign up offers come in the form of match deposit bonuses, whereby the bonus is related to the qualifying bet. For example, a 100% match deposit bonus means the bonus equates to the qualifying bet. MyBookie provides is a good example for this type of bonus.
No Deposit Bonuses
This bonus does not require a qualifying deposit and includes cashback and refunds if the backed horse is placed selected races. Offshore horse racing sites in Tennessee provide sports and event bonuses that are subject to specific and general Terms & Conditions, such as at BetOnline.
A number of our top 10 offshore bookies refund a specific percentage of net losses over a certain period of time, such as one week. The best rebates do not feature rollovers whereby any balance is carried forward to the next qualifying period. BetUS provides good examples of rebate bonuses.
Free bets are usually paid as betting funds and often subject to wagering requirements, with any returns not including the free bets stake. They can be event specific, such as free bets for the Superbowl, World Series, Stanley Cup and NBA Championships.
Payment Methods at Tennessee Horse Racing Betting Sites
Registered customers at betting sites with odds for horse racing in Tennessee can deposit funds using several payment methods, including the following:
Crypto Betting Options
Betting sites now accept crypto payments which are anonymous and convenient and include Bitcoin, Litecoin and Ethereum. Initially, you must open an account with the crypto provider and enter specific account details to make a deposit. You can read more information on the best Bitcoin betting sites.
eWallet Betting Options
EWallet online money transfer providers like PayPal, Skrill and Neteller provide banking options that are immediate and easy to process. Users initially choose a Username and Password and enter bank or card details. Individuals can then make payments without repeating this process.
Traditional Payment Methods
TN horse racing betting site players can also use traditional payment methods and providers. These include Visa, Mastercard and American Express cards and wire transfers with many banks. Processing is instant which means users have immediate access to their betting funds.
Our Top 5 Tips for Horse Racing Betting in Tennessee
When betting on horse racing in Tennessee, you can implement these processes to help you in the battle to beat the bookies:
Look At Form
The form of a horse indicates proven ability on the track and can be expressed numerically with handicap ratings and speed figures. Collateral form involves race outcomes in which horses have competed against other horses in previous races.
Consider Track Surface
US horse racing takes place on turf and dirt and you can look at the going description to assess each runner’s suitability to the condition of the track surface. Turf going can be firm, good, yielding, soft and heavy. Dirt track conditions are fat, wet fast, good, muddy, sloppy, slow and sealed.
Examine Race Conditions
Race conditions include the gender, distance, type of race (maiden, handicap, stakes) and age (two-year-olds, three-year-olds and older horses). The Kentucky Derby, Preakness Stakes and Belmont Stakes are confined to horses aged three and fillies carry five pounds less than colts and geldings.
A number of our offshore TN horse racing sites provide rebates which are added to your account balance and can be used to place wagers on upcoming races. These rebates are calculated on net losses during a qualifying period and are usually credited at the start of the next qualifying period.
Claim Free Bets
Players can claim horse racing specific free bets but any free bet stake will not be returned for winning bets. For example, our offshore sites for horse racing in Tennessee may offer free bets on the three US Triple Crown races: Kentucky Derby, Preakness, Belmont.
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The Iroquois Steeplechase is run at Percy Warner Park in Nashville in May. It is regulated by the National Steeplechase Association but spectators cannot place bets on the race. It is run over three miles and national fences on turf. The winner of a race first run in 1941 has been the American Champion Steeplechase Horse in several years.
Tennessee Horse Race Tracks
There are no official tracks for horse racing in Tennessee and only one regulated meeting. However, the Iroquois Steeplechase event in Nashville does not offer legal gambling.
2022 Tennessee Horse Racing Schedule
The Iroquois Steeplechase takes place every May.
Tennessee Horse Racing Betting on Mobile and Apps
Mobile betting is legal in Tennessee. There are sportsbook mobile websites and dedicated downloadable apps for iOS and Android. Mobile users are not eligible for any mobile-only offers. However, users of smartphones and tablets can claim the standard bonuses and free bets that appear on the best betting apps in the USA..
Explore Our Online Betting App Guides
Best Sports Betting Apps
Virtual Horse Racing Betting in Tennessee
Betting on virtual horse racing events is legal in Tennessee. However, our top 10 offshore operators only provide a limited virtual sports betting service.
Tennessee Horse Racing Near Me
Horse racing in Tennessee is limited to Nashville’s Iroquois Steeplechase and supporting races and there are no other regulated tracks and races.
Betting at the Racetrack
Online Horse Racing Betting
Atmosphere and excitement of a live event
No time and financial costs for travel
Various bet options
Racebook integrated with sportsbook and casino
Mobile betting on websites and apps
Track conditions cause meetings to be cancelled
Free bets, bonuses and rebates
Logistics of attending in person
International races and festival meetings
The Best Horse Racing Betting Site in Tennessee
The consensus amongst our review writers is that BetOnline is the best Tennessee horse racing betting site. Players enjoy rebates and free bets and can select from a comprehensive range of standard and exotic bets. There is fixed odds betting on about 20 sports.
The offshore brand is legally licensed and regulated to accept players from the United States. BetOnline is now a trusted and established name in online sports betting. Users in Tennessee can take advantage of effective measure for banking, responsible gambling and customer care.