Launched in 2014, MyBookie offers a variety of options for casual and experienced online gamblers. In addition to MyBookie Sportsbook and MyBookie Casino, MyBookie Racebook provides odds and bets for the top horse races around the world. That includes the Kentucky Derby, Breeder’s Cup, and other major U.S. races.
Horse racing fans can view odds from more than 200 tracks worldwide. There is always some action for bettors at MyBookie Racebook.
But should they be one of your options for betting on horse races? This review covers why or why we do not recommend MyBookie Racebook.
Does MyBookie Racebook Have a Welcome Bonus?
MyBookie does not have a welcome bonus specifically for the racebook. However, you can take advantage of one of their sportsbook or casino welcome bonuses. And once you have completed any rollover requirements, your funds can be used on racebook wagers.
MyBookie Racebook Pros and Cons
Other MyBookie Racebook Promotions
MyBookie offers all horse betting customers an 8% rebate on all bets made on qualified tracks. This rebate is automatic and will be deposited into your account the next day, with no rollover requirement to cash out winnings.
If you have friends who like horseracing action, you can collect a 200% bonus of up to $100 for each one you refer to MyBookie. The minimum deposit to qualify is $50, but the offer can only be claimed as a sportsbook or casino bonus, with no limit on the number of friends you can refer.
The sportsbook bonus has a 5x rollover, with the casino bonus carrying a 40x wagering requirement before you can cash out.
Does MyBookie Racebook Have a Rewards Program?
MyBookie does have a rewards program, but no racebook wagers are eligible to be counted towards your MyBookie+ rewards program progress.
To players who don’t care about having the opportunity to have their long-term commitment to a site be rewarded with various exciting perks, this will not matter much. But for many players, it might cool their interest in playing much or at all at MyBookie Racebook, in favor of a site that does offer these perks.
Betting at MyBookie Racebook
What Races and Tracks Can I Bet on at MyBookie Racebook?
There’s no comparison to the number of events available at MyBookie Racebook. This provider offers betting action on nearly every horseracing event worldwide, with literally hundreds of tracks available to wager on daily.
There are also harness and greyhound racing from the top domestic and foreign racetracks. This action can be accessed from the MyBookie website using your mobile device to bet on your favorite races from anywhere.
To get started at MyBookie, click the “Racing” icon in the menu at the top of the main page. You will immediately see the featured and upcoming races from U.S. thoroughbred tracks like Belterra, Colonial Downs, and Gulfstream Park.
The menu on the left side displays a list by country of all tracks featuring racing that day and the time of the next race so that you can find any event quickly.
Once you click on the race you want to bet, you can easily choose a bet type from the menu above the odds board to quickly select your favorite horse and the stake amount.
Once you add the wager to your bet slip, you’ll see the details displayed on the right side and can click to either remove or submit the stake.
Make Exotic Bets on Select Races at MyBookie Racebook
Do you like exotic bets? MyBookie offers Exactas, Quinelas, Trifectas, Superfectas, Daily Doubles, Pick 3, and Pick 4 betting options, depending on the race.
The straightforward user interface of the MyBookie site lets you build your bets quickly, no matter how complicated the wager you want to make.
Banking Options for MyBookie Racebook
MyBookie offers many banking methods for funding your account and withdrawing when you win. These are the current banking options for players at MyBookie Racebook:
- VISA/Mastercard: Use your VISA or MasterCard credit, debit, or prepaid card to deposit from $45 to $1,000.
- Cryptocurrency: MyBookie Racebook customers can use Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Tether, Cardano, or Dogecoin cryptocurrencies to make online deposits from $20 to $10,000. However, crypto withdrawals can only be made with Bitcoin, with payouts processed in less than 24 hours.
- Person-to-person cash transfer: You can use cash to send a person-to-person transfer from $100 to $690 to your MyBookie account, which takes only a few minutes after the transaction is verified to land in your account.
- Bank wire transfer: Make a bank wire transfer to deposit $2,000 and up and get withdrawals from $500 to $50,000 in your MyBookie account. This method takes up to five days to process.
- eCheck: Withdrawals from $50 to $10,000 at MyBookie Racebook are available using the electronic check option, which takes three to five days to be processed.
While these deposit and withdrawal options are certainly sufficient, there have been many concerns over the years regarding both how quickly MyBookie pays and if they pay at all. Those concerns do have an effect on our ability to strongly recommend MyBookie Racebook, as other options do not have those same concerns.
Customer Support
While many gambling sites make contact information easily accessible, but that information is not as easily located as it should be at MyBookie.
The site does at least feature a Help section that provides answers to many common questions and concerns. So, you can figure things out for yourself even if you can’t get in touch with someone easily.
Security and Licensing
While MyBookie is relatively new to the online gaming industry, it has quickly risen from obscurity to one of the most recognized brands in the U.S. market.
MyBookie uses standard online security measures to keep customer info secure, such as SSL encryption technology, so you can be sure you’re playing in a safe betting environment.
Conclusion
MyBookie Racebook delivers a broad range of betting opportunities, including thoroughbred, harness, and greyhound racing across hundreds of global tracks.
Players benefit from features like exotic wagers, multiple banking options, an 8% rebate on qualified losses, and 24/7 customer support. These positives, combined with a user-friendly platform, make MyBookie appear like a strong option for horse racing enthusiasts.
However, there are drawbacks that weigh heavily against recommending this site. MyBookie does not offer a dedicated racebook welcome bonus, a rewards program tied to racebook wagers, or a mobile app.
More importantly, the brand has faced repeated complaints over payment delays, disputed withdrawals, and a lack of transparency in handling player funds. These red flags raise serious concerns when compared to competitors with stronger reputations.
Ultimately, while MyBookie Racebook has the betting options and features to appeal to horse racing fans, the history of payment issues and limited transparency cannot be overlooked.
For those reasons, we do not recommend MyBookie Racebook. Players will find greater peace of mind and long-term value with more reliable alternatives.