Louisiana Horse Racing Betting
The history of Louisiana horse racing betting goes back several centuries. Though the horse racing culture dramatically shifted from the 1800s to present, the enthusiasm for betting the ponies has never faltered with horse fans. The Pelican State is now home to numerous race tracks and betting venues, some of which are considered historic in their own right. The Fair Grounds Race Course opened in 1852 as the Union Race Course and is still regarded as one of the major tracks in the United States.
Louisiana is home to several graded stakes races, including the Louisiana Derby, New Orleans Handicap, and Fair Grounds Oaks. Residents of the state can still wager on other horse races like the Breeders’ Cup, Pegasus Cup, and more via simulcast or an online racebook. However, many horse racing fans opt to use Louisiana sports betting sites because they offer a multitude of benefits.
We can tell you exactly online horse betting tends to be more advantageous, but it is also valuable to know your land-based options. You can continue to learn more about the wagering opportunities available in the state, as well as find out the best sites for Louisiana horse racing betting.
Best Sites For Horse Betting In Louisiana
There are many online gambling sites for sports betting in Louisiana that you can place your bets on these horse races. Different races and race track will be up on these sites at all times for players to pick and choose what they want to bet on. On these sites, you will find better odds than you would find on a local racetrack. Instead of getting just a few races, find them from all over the world. Also, they all have great banking options that benefit from the great promotions that are offered.
SportsBetting.ag
Get Daily Horse Bet Rebates
At SportsBetting.ag, you can spend a day at the races without having to step foot onto a track. The online racebook gives you instant access to the top horse racing tracks across the US, including Delta Downs, Louisiana Downs, Santa Anita, Del Mar, and more. SportsBetting allows you to bet on the horses in a variety of ways, whether it’s W/P/S, or an exacta, trifecta, or superfecta. You can also do more exotic wagers such as daily doubles or Pick 3s. If you ever have questions about wagers, need horse racing tips, or want to watch live horse racing streams, this site has you covered.
One of the biggest benefits of this racebook is that there are rebates on nearly every wager that is placed. The online operator gives a 7% daily rebate and there is no limit on the amount that you can earn. To start taking advantage of all that SportsBetting has to offer, you will need to make a deposit. The online cashier has several instant deposit options including bitcoin, Ethereum, Litecoin, Mastercard, Visa, and American Express. Join SportsBetting.ag today for the best Louisiana horse racing betting action.
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Is Horse Racing Betting Legal In Louisiana?
Residents can legally bet on horses at racetracks, off-track betting facilities, and online racebooks in Louisiana. The Louisiana State Racing Commission was created in 1940 and the agency remains the governing body over pari-mutuel wagering in the state. It was in the 1990s that casinos were first legalized in the state, which led to racetrack owners petitioning for authorization to offer slots at their establishments. A new law was signed in 1997 that granted this power, and this is when racinos came to the state. Louisiana horse racing betting is completely legal, with plenty of options for residents to choose from.
Triple Crown Betting In Louisiana
Betting on the Triple Crown is something that every Louisiana resident looks forward to each year. A winner only comes around every so often, with the longest drought lasting for 37 years. It all begins with the Kentucky Derby in Louisville at Churchill Downs. The race is always held on the first Saturday of May and is known as the Run for the Roses. Three-year-old Thoroughbreds are required to run a distance of one and one-fourth mile, with the field featuring a maximum of 20 horses. You can start betting on Kentucky Derby odds as horses progress through their prep races.
For the second jewel of the Triple Crown, the horses must travel to Pimlico Race Course in Baltimore, MD. The one and three-sixteenth mile Preakness Stakes is run just two-weeks after the Kentucky Derby. By this point, you should already have your bets in on the outright Triple Crown winner. If the contender does win the Preakness, his price will be extremely high with a very low payout going into the third leg of the Triple Crown journey. You can also bet on the Preakness Stakes as an individual race, placing a straight or exotic bet on any horse(s).
The final jewel of the Triple Crown comes three-weeks after the Preakness and takes the horses to Elmont, NY. The Belmont Stakes is held at Belmont Park and is the most difficult race of all. The Thoroughbreds must run one and one-half miles, the longest distance of all. You can still place bets on Triple Crown odds at this point, and it is a good idea to compare odds at multiple racebooks for the best value. If a horse has already won the first two events, online racebooks may post a prop bet of that horse against the field to win the Belmont. In this scenario, you could be happy to see a Triple Crown winner or happy to see a horse fall just short. The best sites for betting on the Triple Crown in Louisiana are Bovada, BetOnline, MyBookie, and SportsBetting.
Louisiana 2023 Kentucky Derby Odds
Betting on the 2023 Kentucky Derby is one of the most popular bets to make all year round as this is the biggest horse race of the year as it kicks off the Triple Crown race season. In the 2023 running of the Kentucky Derby, you will find Epicenter at the top of the odds board with the shortest odds to win. The race is scheduled to take place on Saturday, May 7 from Churchill Downs with a post time of 6:57 p.m. EST.
Different Types Of Horse Bets
If you have ever bet at Fair Grounds or any other track in Louisiana, then congratulations, you already know the different types of horse bets that you will find online. Whether at a physical location or an online racebook, the bet types do not change. For those that are unfamiliar with horse bet types, they are relatively simple. You will either make a straight horse bet (Win, Place, Show) or some kind of exotic bet (Exacta, Trifecta, Superfecta,etc.). The wager you make will depend on your individual betting strategy, but we can give you a breakdown of each type of horse bet below.
Straight
Win – The Win bet is the most straightforward wager that you can place. You are predicting the winner of a race.
Place – A Place bet is a wager on your horse to finish in either of the top two spots. Whether first or second, the payoff will be the same because you are taking less risk than you would with a Win bet.
Show – If you predict that your horse will finish somewhere in the top three, you can make a Show bet. Your horse can finish 1st, 2nd, or 3rd and you will have a winning wager.
Exotic
Exacta – An Exacta wager is when you predict the winning horse and runner-up of a race in exact order. Exacta wagers pay more than Win or Place bets because you are wagering on multiple horses and have to consider the specific order of the finish.
Trifecta – To win a Trifecta, a bettor must correctly name the first, second, and third finishers in the right order. Being that a Trifecta involves three horses and is more difficult than an exacta, the payoff is higher.
Superfecta – A Superfecta is a wager on the top four finishers of a race, in exact order. This is the most complex single-race wager, which is why winners receive huge payouts but they are also the hardest to hit. Stories about Superfectas are like big fish stories where a gambler explains how they were just one horse off in this wager that could have resulted in a monster payout.
Where Can I Bet On Horse Racing In Louisiana?
Louisiana horse fans have several options when it comes to where to go on race day. There are Thoroughbred tracks, Harness race tracks, racinos, and OTBs that horse fans can choose from. Even if there is no live racing on a particular day, residents can still wager on simulcast races or play table games depending on where you visit. The state is home to numerous off-track wagering facilities, so chances are there is a location near you. Below you will find a list of Louisiana racetracks and off-track betting locations:
Louisiana Race Tracks
- Louisiana Downs
- 8000 East Texas Street
- Bossier City 71111
- 318-742-5555
- Evangeline Downs Racetrack and Casino
- 2235 Creswell Lane Extension
- Opelousas 70570
- 866-472-2466
- Delta Downs
- LA Hwy 3063
- Vinton 70668
- 337-589-7441
- Fair Grounds Race Course & Slots
- 1751 Gentilly Blvd
- New Orleans 70119
- 504-944-5515
Most Popular Off-Track Wagering In Louisiana
- Covington Fair Grounds OTB (St.Tammany Parish)
- Highway 190 off I-12
- #1 Hollycrest Plaza
- Covington 70433
- (985) 898-0080
- Metairie Fair Grounds OTB Casino (Jefferson Parish)
- 2700 Edenborn Avenue
- Metairie 70002
- (504) 454-3077
- Thibodaux Fair Grounds OTB Casino (LaFourche Parish)
- 1766 Canal Boulevard
- Thibodaux 70301
- (985) 446-5557
- Races & Aces Casino & Off-Track Betting (St Landry Parish)
- 1051 East Laurel Avenue
- Eunice 70535
- (337) 457-4073
- Races & Aces Casino & Off-Track Betting (St Martin Parish)
- 2308 N Main Street
- St Martinville 70582
- (337) 394-6055
- Races & Aces Casino & Off-Track Betting (St Martin Parish)
- 2939 A Grand Point Hwy
- Breaux Bridge 70517
- (337) 667-7095
- Louisiana Downs OTB (Madison Parish)
- I-20 Exit, Mound 71282
- (318) 574-5220