New Tax Rules Benefitting U.S. Bettors Take Effect Today

Image credit: James Boyes

A new tax rule adopted by the IRS regarding its treatment of wagering activity will have a positive impact on horse racing bettors in the US beginning today. Yesterday, the IRS adopted a new rule in which all wagers placed into a single parimutuel pool and represented on a single ticket may be aggregated and treated as a single bet for withholding and reporting purposes. Continue reading

2017 Belmont Stakes Betting Odds and Preview

The third and final leg of the Triple Crown fast approaches as we head to the 149th running of the Belmont Stakes at Belmont Park in New York. The three-day festival runs from 8 through 10 June with the headline race taking place on Saturday, 10 June at 6:50 PM ET.

You can stream the 2017 Belmont Stakes online at any US-legal racing betting site or watch it on TV by tuning in to NBC from 5 PM to 7 PM ET on race day. Continue reading

Preakness Preview: Where to Bet on the 2017 Preakness Stakes

Now that the Kentucky Derby has come and gone, we shift our attention to the second leg of the Triple Crown of thoroughbred racing. The 2017 Preakness Stakes will get underway on May 20th at Pimlico Race Course in Baltimore with a 6:45 PM ET post time. NBC Sports Network will be broadcasting the first races Friday afternoon / Sunday morning and then NBC will take over on Saturday from 5 PM ET through 7:15 PM. Continue reading

Best 2017 Cheltenham Festival Betting Sites and Bonuses

Image credit: Steven Jones

Tomorrow marks the first day of the biggest week on the UK horse racing calendar as the 2017 Cheltenham Festival gets underway. This year’s Cheltenham runs from 14 to 17 March to give us four days of high quality races featuring the best horses from Great Britain and Ireland competing across 24 races with more than £4 million in prize money up for grabs. Continue reading

2016 Breeders’ Cup Betting Preview and a $1 Million Tournament

2016-breeders-cup

The defining event of the horse racing season is just two weeks away. On November 4th and 5th, fourteen horses will exit the starting gates and make the 1 and ¼ mile run that we know as the 2016 Breeders’ Cup Classic. A total purse worth $6,000,000 will give every team something to shoot for while even more than that amount will exchange hands among betting fans around the world. Continue reading