What Sites Have the Best Daily Rebates for Horse Betting?

Written by:
Mary Montgomery
Published on:
Apr/29/2023

BetOnline used to offer 7 percent daily rebates and now they have upped their game with an amazing 9 percent daily rebate.  This is pretty much well above the average for those sites that offer this incentive.

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Weekly rebates are pretty awesome.  You can't get any more generous than daily rebates however.

Horse bets typically tend to be small on average, maybe around $10 per day.  9 percent works out to nearly $1 back if you lose.  The total of the rebate is deposited back into one's wagering account.

Do understand the rules.  For example: The following wager types are NOT eligible for rebates: All wagers that pay $2.20 or less for $2.00, tacks in categories D & E, matchup bets, fixed odds bets and proposition bets.

The 9% daily rebate applies to exotic wagers while a 4% rebate is applied for Win, Place Show wagers at category A, B and C racetracks.  For a better understanding, most of the top tracks with the featured races are classified as category A, B and C racetracks.  Churchill Downs, where the Kentucky Derby takes place, is a category A.

Telephone wagers will receive a 5% daily rebate on exotics and a 2% rebate for Win Place Show. The only exceptions to this rule are that both online and phone wagers on NYRA tracks will receive a 4% rebate.

There is no limit to how much a player may earn as well as no minimum volume of wagers that need to be placed.

BetOnline offers more than just horse racing.  They have a wide menu of sports betting including game and player prop bets, futures, novelty wagers and even a live dealer online casino.  The website offers additional welcome bonuses including up to $1000 (50% of what you open your wagering account with).  Buddy referrals and re-deposit bonuses are also available.

- Mary Montgomery, Gambling911.com

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