Free Horse Racing Bets for Today: Get Free Bets on Horse Racing in 2024

Last Updated on 06/12/2024

To get the most out of your betting experience as a horse racing fan, you should definitely be on the lookout for bonuses. Some of the best bonuses to claim are, without a doubt, free horse racing bets.

In this guide, I’ve looked closely at the different kinds of free bets available for horse racing. I’ve also explained everything from their benefits and drawbacks to the best ways to use them to your advantage.

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Compare the best free horse racing bets for 2024

🏇 The types of free horse racing bets available

Free horse racing bets, as the name suggests, are free wagers you can get to place on horse racing events. However, while ‘free bets’ might suggest no deposit is required, that’s not the case with most bonuses. Generally, you need to first make a deposit to claim a bonus, after which a free bet is granted as an additional perk. Let’s look at some examples of free bet bonuses.

Type of bonusExplanationExample
Welcome packagesOffers given to you as a new customer when you sign up, often include free bets as part of the package.Sign up and get a free bet of $10, plus a 100% match on your first deposit up to $100.
No deposit BonusesBonuses that are awarded without the need to make a deposit. These can often be claimed through loyalty programsReach a new loyalty level and instantly receive a $5 free bet without the need to deposit.
Deposit match bonusesBonuses where the bookmaker matches your deposit by a certain percentage, often with a maximum limit.Deposit $50 and receive an additional $50 as a bonus, giving you $100 to bet with.
Risk-free betsBets where your stake is refunded as bet credits if the bet loses.Place a bet up to $20, and if it loses, get your stake back as $20 of bet credits.
Special event bonusesBonuses and free bets offered during major sporting events.Bet $10 on the Preakness Stakes and receive a $10 free bet, regardless of the outcome of your bet.

As you can see, there’s a variety of horse racing free bet bonuses available, tailored to suit different preferences and stages of your betting journey. When you first sign up at online betting sites, welcome packages that include free bets are an ideal choice.

If you’re operating on a tight budget, you’ll want to look out for free horse racing bets with no deposit. And when you’re looking to wager on major events like the Preakness Stakes or Belmont Stakes, special event bonuses are a perfect match, as they frequently come with free bets.

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🥇 The advantages of free horse racing bets

Free horse racing bets are, without a doubt, some of the most highly sought-after bonuses among those looking to wager on the horses. This is no surprise given the number of benefits they bring to the table. Here are some of the main ones to consider:

1. More ways to win

Claiming a free bet for horse racing offers an obvious advantage: it provides an additional opportunity to win. By utilizing a free bet, you’re essentially placing an additional wager on horse racing at no extra cost. This is a simple way to provide yourself with more ways to win.

2. Mitigates some risk

Betting on horses inherently involves risk, but claiming a free bet is an effective way to lessen that risk. This is particularly true for risk-free bets. With these, you can place a real money bet on a horse race, and if it’s not successful, you’ll receive a refund in bet credits equal to your original bet. This is beneficial because it essentially acts as a safety net.

3. Get rewarded for a referral

Many of the best sportsbooks and horse racing betting apps have referral programs, offering a unique opportunity to claim additional rewards. By referring a friend who then signs up and makes a deposit, you can often receive a bonus such as a free bet. It’s a win-win: you spread the word about your favorite sportsbook and get rewarded for doing so.

4. Enhance your betting experience

Regardless of whether your free bet wins or loses, it can add an extra level of excitement to your betting experience. The thrill begins with the ability to place the bet itself, and is amplified by the prospect of potentially winning real money.

💻 The disadvantages of free horse racing bets

Claiming free horse racing bets offers numerous benefits, and in my opinion, the pros far outweigh the cons. However, like any online casino bonus, there are some drawbacks to be mindful of. Here are the main ones to keep in mind.

1. Some require a deposit

A common complaint among sports bettors is that many horse racing free bets aren’t truly ‘free,’ which can be somewhat misleading. Unless you specifically find free horse bets with no deposit, you’ll need to make a deposit to claim a free bet bonus. This applies to various types of bonuses, including welcome packages, risk-free bets, and deposit match bonuses. Understanding this requirement is crucial to set the right expectations.

2. Wagering requirements are common

Almost every betting bonus I’ve seen comes with wagering requirements. These represent the number of times you must wager the bonus amount before you’re eligible for a withdrawal. This rule often applies to risk-free bets as well, where even if you receive a refund on an unsuccessful wager, you might still need to bet the refunded amount several times before it’s withdrawable. It’s important to be aware of these conditions before claiming free bet bonuses.

3. There can be restrictions

It’s important to know that these bonuses often come with certain restrictions. For example, you might only be able to use the free bet on specific events or betting markets. Therefore, it’s wise to check whether you can actually use the free bet on a race or betting market that interests you before claiming the bonus.

🎩 Top 5 tips for making the most of free bets on horse racing

Claiming and using the best free bets bonuses can be as exciting as the races themselves, but it’s essential to approach these bonuses with the right strategy. These top tips are designed to help you do just that.

1. Make sure you choose a reputable betting website

No matter how good a free bet bonus may look on the surface, it’s vital to check the site’s credibility. Look for a license from a recognized regulatory authority and check that the bonus terms are fair.

If you need help finding reputable platforms and fair bonuses, you can refer to my sportsbook reviews and banners. This is where you’ll find up-to-date information about top-tier sites and the current promotions available.

2. Opt into marketing notifications

After selecting a trustworthy betting site, look for the option to subscribe to marketing notifications during the sign-up process. If you miss opting in at this stage, it’s not a problem; you can always update your preferences in your account settings later.

While many bettors bypass this step, assuming they can keep up with the latest offers through the promotions page, I’ve found that the top sites often send exclusive promotions and free bets directly to their subscribers. Because of this, opting in is a smart move to make sure you don’t miss out on these special deals.

3. Regularly check the promotions page

Expanding on the last tip, even though you’ll receive updates about bonuses by subscribing to notifications, it’s still a good idea to routinely check the promotions page for any new free bet offers.

This is especially important during major horse racing events like the Kentucky Derby or the Gold Cup at Ascot. Sportsbooks often provide event-specific bonuses, including free bets, during these times. Regularly checking the promotions page ensures you don’t miss out on these types of bonus opportunities.

4. Always read the terms and conditions

To ensure a smooth experience and avoid any pitfalls, it’s vital to always read and understand the terms and conditions of each free bet bonus you claim. This includes understanding the wagering requirements, minimum odds, time limits, eligible markets, and maximum bet limits. You’d be surprised how many players lose their bonus eligibility by overlooking these details, so taking a moment to familiarize yourself with the fine print is crucial.

5. Utilize customer support when needed

Following up on the previous tip, if you encounter any confusion or unclear points in the bonus terms, don’t hesitate to contact customer support. Most betting sites offer 24/7 assistance through live chat.

The support team can provide the necessary clarifications, helping you navigate any uncertainties. This approach not only helps you avoid potential pitfalls but also ensures that you have a complete understanding of the requirements.

🤔 Free horse racing bets conclusion

Offering several advantages like more ways to win, less risk of losing money, and the chance to bet on some of the biggest horse races worldwide, it’s no wonder so many bettors are on the lookout for free bets on horse racing. While many of them do come with certain limitations, such as deposit requirements and wagering conditions, the advantages far outweigh these minor drawbacks.

While these types of bonuses can be somewhat difficult to find, it’s certainly not impossible. By choosing a reputable betting site, staying informed about new offers, and keeping an eye on my banners for the latest deals, you can claim these bonuses and really enhance your betting experience.

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❓ Free bets on horse racing FAQ

💵 Do I need to deposit money to claim a free horse racing bet?

It depends on the type of bonus. While no deposit bonuses don’t require a deposit, most other types like welcome packages and deposit match bonuses do require an initial deposit to activate the free bet.

🏇 Are free horse racing bets truly free?

While they are ‘free’ in the sense that you don’t bet with your own money, they often come with certain conditions such as deposit requirements or wagering requirements.

🆓 What should I look for in a free bet to use on horse racing?

Look for offers with low wagering requirements, few restrictions on bet types or races, and a high bonus amount. Also, ensure the betting site is reputable and licensed.

👀 How do I find free horse racing bets?

To find free horse racing bets, you can start by exploring my site, where I regularly feature free bet offers in my banners and reviews. Additionally, check the promotions pages of reputable betting sites and subscribe to their newsletters for exclusive offers.

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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