In case you haven’t heard, the PointsBet is going live soon with horse betting site! This brand has entered a ten-year partnership with BetMakers which will enable it to offer fixed odds betting on horse racing in NJ.
Make sure to keep on reading to learn more about what the PointsBet racebook is going to bring to the table.
PointsBet Horse Betting Site Review
If you enjoy betting on horse races, then you will be pleased to learn more about the PointsBet horse betting site that is about to go live. All the essential details about it will be featured in the table below.
Please check back with us later for all the updates on PointsBet NJ.
|NJ Online Horse Betting Site||PointsBet NJ|
|General Terms and Conditions||TBA|
Whenever an online operator includes a new service, such as a new betting market, there is a promotion to highlight it.
What to Expect From PointsBet Horse Betting?
You are probably wondering what you can expect from the PointsBet horse betting site once it goes live. We’ll explain.
The fact that PointsBet and BetMakers have joined forces means that New Jersey players will have fixed odds betting options at their disposal. We’ll elaborate on what fixed odds are later in our article on the PointsBet racebook.
From what we could learn, players will initially have the option of placing their wagers on all the races happening at Monmouth Park. This racetrack is home to more than thirty races, both graded and ungraded, and BetMakers has the exclusive rights to providing fixed-odds bets on races taking place here to other operators.
But, we undoubtedly expect the number of available races to increase in the future. Especially after we have learned that BetMakers has included six more tracks in North America to the Global Racing Network in Illinois, Texas, Oregon, Washington, and Canada.
However, there is another crucial thing that the partnership between these two companies will entail. PointsBet will have the option of offering fixed-odds betting in those states where it can operate via its casino partners. Surely, this can only take place in those states in which this type of betting is regulated.
PointsBet Horse Betting Markets
The online horse racing betting scene in New Jersey is about to light up. The minute the PointsBet horse betting site opens its virtual doors to players, we’ll know more about the odds that this brand offers for all of its available betting markets.
We know that the players will be able to wager only on races taking place at the Monmouth Park Racetrack (Oceanport, NJ). (This will be in the beginning, of course.) All those who keep track of the North American horse racing scene know that this racetrack is home to a number of notable races on the calendar.
First, there are two Grade I races, both taking place in July. The Haskell Invitational and the United Nations Stakes are both aimed at three-year-olds. The former boasts of a $1,000,000 purse and one of the most prestigious races on the calendar, happening between the US Triple Crown and the Breeders’ Cup.
Also, there is the Monmouth Stakes, the only Grade II race on this racetrack, which took place in 2008 for the first time. Additionally, there are nine Grade III races, and almost twenty ungraded races taking place on this flat turf racetrack. We have listed all the Grade III races below.
- Eatontown Handicap
- Monmouth Oaks
- Monmouth Cup Stakes
- Salvator Mile Stakes
- Red Banks Stakes
- Matchmaker Stakes
- Philip H. Iselin Stakes
- Oceanport Stakes
- Molly Pitcher Stakes
It goes without saying that more races could become available in the future, both domestic and international. We’ll keep an eye out for any updates. When they turn up, we’ll feature them all here in our article on the PointsBet horse betting site.
How to Bet on Horses with PointsBet
Here’s what you need to know about fixed odds betting. First, it’s going to play a major role in placing bets on horse races with this operator. The main difference between fixed odds and pari-mutuel betting is that for the former, a bookmaker offers specific odds for a specific event. Then, it accepts bets from players at those specific odds.
On the other hand, in pari-mutuel markets, you know the odds only after all the bets have been placed in a pool. After that, the odds are calculated, and those who have wagered on the winning selection share the winning equally.
You might be wondering if there are any advantages of fixed odds betting on horse races? The main one is that each time you wager a bet you know your potential winning amount. There is one exception, though. It’s known as the starting price (SP) and refers to the price that a specific horse receives at the beginning of the race.
When it comes to which bet types will be available, we feel that all the most popular ones will be at your disposal. They include both singles and exotics, such as win/place/show, quinella, exacta, trifecta, etc.
While we are waiting for the PointsBet horse betting site to go live, we can take a look at PointsBet Review to see what has it in store for its players. Players can sign up to the Sportsbook and bet on the following markets: CO, IL, IN, IA, MI & NJ. On top of that, users can download the Pointsbet app and bet from their mobile devices!
The brand also provides all the popular betting markets. Football, soccer, tennis, baseball, hockey, and several other sports are available both for pre-game and in-play betting. One of the things that were missing was horse race betting. Fortunately, NJ players will soon have lots of fixed-odds betting opportunities at their disposal.
Recently, PointsBet has launched its online casino in Michigan. Learn more in our PointsBet Casino review.