The short answer to this question is yes, you can bet on horse racing on DraftKings. The fantasy sports giant has recently added a new feature to its platform that allows users to place bets on live and simulcast horse races from around the world. This new feature is a great way for horse racing fans to get in on the action, get more involved in the races, and potentially make some money in the process.
How Does it Work?
DraftKings’ horse racing betting is pretty straightforward. All that’s needed is a DraftKings account, which is free to open. From there, users will be able to browse the “Horse Racing” section of the DraftKings app. There, they’ll find a variety of different races to bet on, as well as a “Live” section that shows which races are currently running.
Once a race is selected, users can then place their bets. DraftKings offers a range of different types of bets, including win, place, show, exacta, trifecta, and superfecta. There are also different types of wagers, such as multiple wagers and box wagers.
The minimum bet varies from race to race, with the minimum typically ranging from $1 to $10. It’s important to note that all bets are pooled together, meaning that the amount of money wagered on a particular outcome will affect the payout.
Advantages of Betting on Horse Racing with DraftKings
DraftKings horse racing betting has a number of advantages over traditional online betting sites. The most obvious advantage is that all bets are pooled together in a single pool, which means that the size of the payout is not affected by the amount of money wagered on a particular outcome.
Another advantage is that DraftKings offers a wide range of different types of bets, allowing users to choose the type of bet that best suits their strategy. Additionally, the DraftKings app offers users the ability to watch races live, which can be a great way to gain an edge when betting on horse races.
Finally, DraftKings offers users a variety of promotions and bonuses, which can make it easier to increase your winnings.
DraftKings’ new horse racing betting feature is a great way for horse racing fans to get in on the action. With a wide range of different types of bets and promotions available, as well as the ability to watch races live, DraftKings provides users with a great way to bet on horse racing. So, if you’re looking for a new way to get in on the action, then DraftKings is definitely worth a look.