Wisconsin Horse Racing Betting

Have you always wondered what Wisconsin horse racing betting is all about? Wanted to know how to get into it but kept finding conflicting information? Well, we’re here to clear all of that up for you. This page – let’s call it the Wisconsin horse racing betting guide – will lead you through everything you need to know. First, we’ll briefly go over why and where it is legal to bet on horses in Wisconsin. Then, we’ll go over some of the major events in horse racing that you can bet on. We also include a basic overview of some of the more popular pari-mutuel wager types that are available for betting on horses. Finally, we end with some reviews of our favorite online horse racing betting sites. These websites are the latest in greatest in Wisconsin horse racing betting, and honestly, once you see everything they have to offer, we highly doubt you’ll go back to land-based betting. By the time you’re done with this page, you’ll be able to tell everyone who asks exactly what there is to know about horse racing betting in Wisconsin.

Horse racing betting in Wisconsin is sort of a tricky business. Wisconsin state law does allow residents to bet on the horses, so long as it’s done at a licensed pari-mutuel wagering facility. Which is all great, except for the fact that there isn’t a single racetrack in the state of Wisconsin. Like we said, tricky.

Fortunately, there is absolutely nothing in the Wisconsin state legislature that either promotes or prohibits the use of online horse racing betting sites. So, residents of the great state of Wisconsin can legally – and, let’s be honest, way more conveniently – bet on horse racing at online racebooks. These online racebooks cover major races taking place all over the country, so you’ll never have to worry about missing out on your favorite event.

Read More: Is It Legal To Gamble Online In Wisconsin?

Some of the biggest events in American thoroughbred racing include the Breeders’ Cup and the Pacific Classic. Of all the famous races in the US, there are three that make up one of the most elusive titles in horse racing. The Kentucky Derby, Preakness Stakes, and Belmont Stakes are the three legs that make up the Triple Crown, a title so hard to earn, there have only ever been 12 winners.

Betting on the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes can only be done at online horse racing betting sites in Wisconsin. This is because of the lack of land-based simulcast locations in the state. Triple Crown betting odds are subject to change as the races are held, so be sure to head over to an online racebook sooner rather than later, for the best betting odds.

The most common forms of pari-mutuel wagers are referred to as straight bets. This is because they only require one outcome for the ticket to be considered a win or a loss. The most common straight bet is called a win. With this wager, you simply choose which horse you think will be the first to cross the finish line. Another straight wager is called a place bet.

Here, you pick a horse, and if it comes in first or second, your bet is a success. Show is the other type of straight bet available for Wisconsin horse racing betting. The horse you pick must come in first, second, or third for you to win this bet. The payouts on straight bets are relative to the risk you’re taking, so payouts on show bets will be smaller than payouts on a win bet.

Exotic wagers are pari-mutuel bets that require two or more events to happen in order to have a successful ticket. Each element that you wager on must come to pass in order for you to collect on your bet. The risk associated with these bets are much higher than those of straight bets.

Exactas, the most common form of exotic wagering, require a bettor to name the horses that will finish 1st and 2nd. Trifectas take it a step further by having you choose the first three horse that will finish the race, in order. Feeling especially lucky? Go for the superfecta. This bet will have you naming the which horse will win, come in second, third, and forth.

You are also able to wager on multiple races on a single ticket. You can put money down on the daily double, which has bettors choosing the winners of two consecutive races. If you think you can guess more, there are bets called pick 3 all the way up to pick 6, depending on how many races are being run at the track that day. There are so many different ways to bet on the Horses in Wisconsin.