PointsBet has recently announced a partnership with BetMakers. As part of the deal, the newly established PointsBet horse betting site is expected to introduce fixed-odds wagers on a number of domestic and international races. PointsBet NJ is the first online horse betting operator to include fixed betting within NJ.
To find out what else we can expect from the PointsBet racebook, make sure to keep reading.
PointsBet Horse Betting Site Review
PointsBet sportsbook has already established a strong footing in New Jersey. The operator offers odds on more than 15 different sports and dozens of leagues and events. With the launch of a dedicated PointsBet horse betting site, we expect the operator to retain the same quality of services. Joining forces with an online wagering provider like BetMakers is definitely a promising sign.
In the table below, you will find an overview of information about the PointsBet racebook. Keep in mind that, at this point, the information is limited, as the launch is still in the early stages. However, we will make sure to keep you up to date with the latest developments as it becomes available. We’ll also include any PointsBet promo code and give you details on future promotional offers.
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What to Expect From PointsBet Horse Betting
First off, it’s important to emphasise that PointsBet already has plenty of experience when it comes to horse racing. In fact, in its native Australia, wagers on horse racing make up a significant part of the operator’s sports betting business. So, it was expected to see PointsBet NJ branch into horse racing.
In February 2020, the operator’s US partner, BetMakers secured exclusive rights to offer fixed bets on Monmouth Park races. So, for the time being, PointsBet horse betting site will take bets on horse races held at Monmouth Park racetrack. In the future, however, the offering of horse racing markets will extend to include a variety of domestic and international races.
A major part of the deal with BetMakers is the fact that PointsBet will be able to offer fixed-odds betting on horse races to its casino partners. This applies to all the US states where the operator is licenced, provided that local regulations allow it.
PointsBet Horse Betting Markets
As we’ve mentioned, on launch, PointsBet racebook will be offering fixed odds on events taking place at Monmouth Park. The racetrack is home to a number of graded and nearly 20 ungraded races. Some of the most prominent ones include the following:
- Haskell Invitational Handicap (Grade 1)
- United Nations Stakes (Grade 1)
- Monmouth Stakes (Grade 2)
- Monmouth Cups Stakes (Grade 3)
- Monmouth Oaks (Grade 3)
- Oceanport Stakes (Grade 3)
- Red Bank Stakes (Grade 3)
- Salvator Mile Stakes (Grade 3)
- Philip H. Iselin Stakes (Grade 3)
- Eatontown Handicap (Grade 3)
- Matchmaker Stakes (Grade 3)
- Molly Pitcher Stakes (Grade 3)
In the future, we expect the offering to extend to a number of other thoroughbred, harness and greyhound racing events. Ultimately, we hope to see US bettors have access to the same variety of domestic and international markets as their Australian PointsBet counterparts.
How to Bet on Horses With PointsBet
If you are new to betting on horse racing, we’ll give you a rundown of some important points. Namely, we’ll focus on fixed-odds betting as this is the type of betting you’ll have access to at PointsBet.
Fixed-odds betting is one of the three popular betting types when it comes to horse racing. The other two are parimutuel and exchange betting. As you might be able to glean from the name, fixed odds are the odds offered by the operator that reflect a particular horse’s chances at winning.
With fixed odds, you know exactly what your potential return will be if your selection wins as soon as you place your stake. This is quite different from parimutuel betting, where wagers are pooled together and the payout is determined by the size of the pool.
We expect PointsBet to offer all of the most common betting types, some of which include:
PointsBet is an Australia-based sportsbook, which, upon getting licenced in the US, quickly became one of the most popular online bookies. The operator offers odds on all major sports domestic and international leagues and sporting events.
These are the betting markets available at PointsBet NJ at the time of writing:
- Aussie Rules
- Motor Racing
- Rugby Union
- Rugby League
- Table Tennis
Additionally, the PointsBet is known for offering excellent promotional offers to both new and existing customers. This is why you should be looking forward to a PointsBet promo code, once the horse betting site launches. So, make sure to check back for any future updates.