New Mexico Online Horse Betting: Top NH Race Apps & Sites

Compare The Top Online Horse Betting Sites in The Land of Enchantment

Hero image
#1 Best overall
betus_sportsbook
5 stars
125% up to $3,125

5

Overall Rating

22

Top features:

  • One of the biggest sports bonuses
  • 10x bonus wagering requirement
  • Parlay builder for complex bets

What we like:

  • Accepts all major cryptos
  • Online since 1994
  • Teasers and if bets
#1 Best overall
betus_sportsbook
5 stars

Bonus:

125% up to $3,125

Top features:

  • One of the biggest sports bonuses
  • 10x bonus wagering requirement
  • Parlay builder for complex bets

Bonus:

125% up to $3,125

5

5 stars
22

What we like:

  • Accepts all major cryptos
  • Online since 1994
  • Teasers and if bets
#2 Best recurring promos
betonline_sportsbook
4.5 stars
50% up to $1,000

4.5

Overall Rating

23

Top features:

  • More than 20 sports to bet on
  • Excellent odds for US bettors
  • Deposit with 16+ cryptocurrencies

What we like:

  • Bitcoin boost and risk-free prop
  • Responsive mobile betting app
  • 22+ years on the market
#2 Best recurring promos
betonline_sportsbook
4.5 stars

Bonus:

50% up to $1,000
#2 Best recurring promos

Top features:

  • More than 20 sports to bet on
  • Excellent odds for US bettors
  • Deposit with 16+ cryptocurrencies

Bonus:

50% up to $1,000

4.5

4.5 stars
23

What we like:

  • Bitcoin boost and risk-free prop
  • Responsive mobile betting app
  • 22+ years on the market
#3 Best native app
bovada_sportsbook
4 stars
50% up to $250

4

Overall Rating

21

Top features:

  • Live sports streams in HD
  • Great in-game betting features
  • Multiple cryptos supported

What we like:

  • Excellent native mobile app
  • 5x bonus playthrough
  • Online since 2011
#3 Best native app
bovada_sportsbook
4 stars

Bonus:

50% up to $250
#3 Best native app

Top features:

  • Live sports streams in HD
  • Great in-game betting features
  • Multiple cryptos supported

Bonus:

50% up to $250

4

4 stars
21

What we like:

  • Excellent native mobile app
  • 5x bonus playthrough
  • Online since 2011

Key Things You Need to Know

  • In the fall of 2018, tribal gaming operators in New Mexico began opening retail sportsbooks at their casinos, marking the launch of sports betting in the state.
  • Although sports betting was not passed according to New Mexico gambling laws, tribal gaming operators argue that it’s unnecessary to wait because sports betting is already included in their compacts with the state.
  • The government in New Mexico has avoided taking a stance on sports betting, and it appears content to let tribal casinos run sportsbooks.
  • There is no question that additional legislation would be required to authorize online sportsbooks, so online sports betting is still illegal in New Mexico.
  • Only parimutuel horse racing betting is currently available online in New Mexico.
  • The good news is that New Mexico betting sites still allow you to wager at horse racing tracks all over the world using your computer or mobile device, and they provide access to a wide range of races.
  • Only the most reliable offshore sportsbook operators with a solid track record in the sports betting sector are recommended by LetsGambleUSA, as they are the safest sports betting sites available to US residents.

List of The Best NM Horse Betting Sites 

  • BetUS – Overall Best New Mexico Horse Betting Site  
  • MyBookie – Great Odds Boosters and Low Vig
  • Bovada – Best NM Racebook with a Parlay Builder

The Top New Mexico Horse Racing Betting Sites Reviewed

We’ll examine some of the most well-known offshore sportsbooks, including BetUS, Bovada, and MyBookie. Learn what makes these online betting services so desirable to New Mexico horse racing fans, including their cutting-edge features, attractive betting odds, and simple graphical user interfaces. 

BetUS – Overall Best New Mexico Racebook

When it comes to horse race betting in New Mexico, BetUS Racebook is your best bet. The Dubai Cup and the Preakness Stakes are only two of the horse races where you can place wagers with favorable odds. The interface makes it easy for a novice to wager on sports and horses.

Football, basketball, boxing, UFC/MMA, and even eSports are just some of the sports you may bet on at this online sports betting site. For those who can’t get enough of the game, it’s one of the top baseball online sportsbooks

BetUS’s horse racing odds are clear, current, and exhaustive. For over 25 years, this sportsbook has been a top choice for gamblers who want to wager on New Mexico horse racing on their mobile devices. 

New customers at BetUS who enter the promotion code JOIN125 and deposit at least $100 are eligible for a substantial 125% welcome bonus. Within a two-week time frame, this must be carried over ten times.

BetUS accepts major credit cards, including Mastercard, American Express, and Visa, and well-known digital currencies like Ethereum, Bitcoin, Litecoin, and Bitcoin Cash for deposits and withdrawals. The horse racing betting site accepts both fiat currency and popular e-wallet services like Apple Pay and Google Wallet.

BetUS has great customer service that’s available via telephone, email, and through live chat, so you can always get your questions answered quickly. Our assessments of the best online sportsbooks show that the site’s intuitive layout makes betting enjoyable for players of all skill levels. 

BetUS Horse Betting page

BetUS also places a premium on a streamlined mobile experience, so consumers can wager on horse races from any location, as our online sportsbook reviews will attest to. 

MyBookie – ​​Early Lines on Ante-post Racing

MyBookie, with headquarters in San Jose, Costa Rica, and a Curacao government license, is a global online bookmaker. Although MyBookie is more renowned for its focus on traditional sports betting markets like the NFL, it also features a simple racebook.

MyBookie offers the standard horse race betting odds for each track where wagers can be placed. MyBookie also offers a competitive welcome incentive for new customers. The site’s abundance of horse racing bonuses offered on the biggest race days makes up for the racebook’s lack of frills in design.

When compared to other sites, MyBookie stands out because of the early odds it offers on ante-post events. It adds variety and excitement to your wagering experience by allowing you to place exotic horse racing bets, as well as parlays and props. MyBookie’s basketball betting offerings are particularly appealing to New Mexico residents.

On their initial deposit, new players are eligible for a $1,000 bonus. To participate, make a minimum deposit of $50 and use the code MYB50 to receive a bonus. All winnings are subject to a 10x wagering obligation before they may be withdrawn.

MyBookie provides customer service via email, an online contact form, and various social media channels around the clock; however, phone help is unavailable. Their user-friendly layout makes it simple to place parlay bets and navigate the site. 

Popular credit cards and cryptocurrencies like Bitcoin are just some of the options for making a deposit or withdrawal at MyBookie. Bitcoin withdrawals take up to 72 hours to process and are free, but other withdrawal methods may have charges and restrictions.

MyBookie Horse Betting page

With a daily maximum of $10,000, this online horse racing site isn’t ideal for high rollers and isn’t one of our high-limit online bookies, but it’s still a good option for casual bettors. Articles covering betting odds, forthcoming events, market structure, and even how-to articles for each major sport are included. 

MyBookie is compatible with iOS and Android, letting you place bets anywhere you happen to be. 

Bovada – A Wide Range of Horse Racing Bets Available

If you’re looking for a top-notch racebook in New Mexico for wagering on horses, look no further than Bovada. Bovada has put in a lot of time and effort to make its racebook as simple and straightforward as possible.

The racebook at Bovada is operated independently from the main sportsbook. Bettors can choose from a large number of domestic tunes, while certain international tracks are currently unavailable. 

Customers who are interested in wagering on international horse racing are better served by racebooks like BetUS than by Bovada due to Bovada’s limited international coverage for races. Before attempting to wager on any of these horse racing betting sites, be certain you know the legal gambling age in NM. A plus is that Bovada also offers live horse racing tracks, so you can watch any horse racing event unfold as the action is happening. 

When a new user makes a Bitcoin deposit of up to $750 and uses the promotion code BTCSWB750, they are eligible for a 75% deposit match at the online horse racing site. 

If you pay with a Visa or Mastercard, you’ll get a bonus of up to $250. Don’t forget that there’s a 5-times rollover stipulation before you can cash out of the racebook.

Bovada is widely recognized as a premier destination for horse betting in the cryptocurrency market, and its New Mexico sports betting app is also among the best in the business. Fans of tennis and other sports, such as football online sports betting, will find it to be among the top online sportsbooks. 

The thoroughness and quality of Bovada’s support department and customer service are indications of the company’s commitment to customer satisfaction. Users who have questions or issues can get in touch with a representative via phone, chat, or email and receive prompt assistance. Bovada’s website is easy to navigate because of its clear layout and intuitive design. 

However, the design might not appeal to everyone. The convenience of the interface for making bets, in our opinion, significantly surpasses any aesthetic flaws. BetUS and MyBookie, two popular sports betting applications, offer odds that are competitive with their horse racing odds. 

Bovada accepts deposits from players using Visa, Mastercard, and American Express credit cards. Ethereum, Litecoin, Tether, Bitcoin, and Bitcoin SV are all acceptable forms of payment. However, after the initial deposit is made, some credit cards incur a fee of 15.9% or more for subsequent deposits made with the card. However, digital currency exchanges don’t cost anything.

Bovada Horse Betting Page

Because it accepts deposits between $5 and $20,000, this platform falls neatly inside the low-deposit sportsbooks. The daily limit for conventional withdrawals is $2,000, while the limit for cryptocurrency transactions is $9,000 per 15 minutes.

The sportsbook’s mobile device support is a definite plus. Because the site is accessible from any mobile device, you may place wagers on horse races whenever and wherever you like.

Because Bovada cares about its clients’ safety and privacy, it employs SSL encryption and authentication. The claims made about the reliability of the New Mexico sports betting site are consistent with its status as a trustworthy service.

How We Rank Horse Racing Sites

Racing offers countless options for wagering and is a steady, rapid, and action-packed activity. 

Make sure to select a racebook with a well-established reputation as the finest option. Before placing your first bet, it’s critical to understand the categories of races and racecourses you intend to wager on. Choose a racebook that offers straightforward and modern payment options.

Any gambling site you choose to deal with should place a high focus on the security and protection of its racebook customers. If the racebook you’re considering doesn’t have security features like two-factor authorization or captcha verification, it’s a good idea to look elsewhere. Knowing the status of legal US gambling is also crucial before using any horse racing betting site.

For a detailed guide on how to pick the top New Mexico horse racing betting sites, keep reading.

Availability on a multitude of mobile platforms

These days, a racebook that isn’t compatible with mobile devices is useless. A mobile platform or specialized mobile application allows users to access the racebook from their mobile devices and place wagers.

Brand awareness

Before you deposit your first money into a racebook, it is crucial to understand who you are doing business with. Before choosing any type of business that is new to the sector, make sure to pick a reputable racebook with a long history of operation. BetUS clearly stands head and shoulders above other sportsbooks in this category, as it has been around the longest. 

Payment Procedures

The issue of funding an online betting account is something that is easy to overlook when deciding on a racebook to bet with. The finest racebooks offer quick, simple, and secure deposit and withdrawal methods that are safe and reliable. Bovada and MyBookie offer a multitude of payment methods that are trustworthy. 

Security and Safety

Always look for websites that offer their customers the highest level of safety and security when searching for the top horse racing betting sites in New Mexico. The finest racebooks safeguard their customers’ personal information by utilizing features like two-factor authentication and captcha verification. You can find this at all our recommended offshore horse betting sites, giving you peace of mind. 

Design and Speed

Always look for the website with the quickest software and the easiest-to-use interface when selecting the top New Mexico horse racing betting site. While most modern online racebook sites have layouts that are essentially comparable, certain racebooks have departed from the norm and discovered ways to make horse race gambling simpler and easier for beginners to understand.

Bettor Assistance

The top New Mexico horse racing betting sites provide helpful customer care and live chat support around the clock. Stay away from racebooks that don’t value their clients. Deal-breaking interactions with online racebooks’ customer service representatives can occur in a variety of situations.

For instance, it is always crucial to have faith that your issues will be remedied with the greatest customer care the company has to offer if you happen to forget your password or are having trouble depositing or withdrawing from your account. In light of this, confirm that the online racebook you select has adequate customer support.

Value Overall

Make sure you are getting the most value for your money in order to select the New Mexico horse racing betting site that is best for you overall. The top racebooks in New Mexico provide the highest odds, live streaming from all around the nation and the world, daily specials, and promotional incentives. BetUS, for example, has a great welcome bonus and lucrative casino and sportsbook bonuses as well. 

Types of New Mexico Horse Racing Betting Markets

Straight bets and exotic bets are the most common types of wagers put on a horse race, but other wagers are possible. A wager on a horse to finish first, second, or third is known as a “straight bet” in horse racing.

You can bet on various horses simultaneously while using exotic wagers. Exotic bets provide a much bigger payout compared to straight bets but a far lower implied probability of winning.

BetUS Beverly page

Here we’ll go over the several different types of exotic bets you can make at horse races.

Win

Choose a horse to win the race and wager on it. This is the most straightforward wager one may make on a horse race. You get paid if your chosen horse finishes first in a race. A horse with a probability of 1/1 or above is a good bet for victory.

Place

“Place betting” refers to putting money on a horse to come in first or second. While win bets only pay out if the horse finishes first or second, place bets pay out no matter where the horse finishes.

Show

A show bet is a straightforward bet with the smallest possible payout. It is placed on one of the top three finishing horses. Long shots with large payouts are where show bets really shine.

Exacta

A bet on the top two horses that finish in a race is called an exacta. For instance, in a 1/5 exacta bet, the bettor chooses the first and fifth-place finishers. If you think the betting favorite will win a race by a large margin, this bet is a good way to increase your possible payoff.

Trifecta

Bettors on horse races place trifecta wagers when they select the horses they think will come in first, second, and third. With a trifecta bet, even inexperienced gamblers have a shot at a huge payout. Avoid betting on the odds-on favorite to increase your chances of winning and go with the underdog instead.

Superfecta

Superfecta wagers are like trifecta wagers, but they require betting on four horses, all of which must cross the finish line in the same order in which they were selected. Due to the extremely low estimated odds of winning, some sportsbooks are willing to accept superfecta bets for just 10 cents per wager, despite the customary minimum for exotic betting in horse racing being $1.

Daily Double

A “daily double” is a wager in which the winner of two successive races is selected. In sports betting, the daily double is most comparable to a two-team parlay because the bettor needs to be successful with both selections. 

Pick 3

Three races run one after the other on the same track make up the Pick 3, a popular pari-mutuel pool bet. Bettors on the Pick 3 must correctly predict the outcomes of three consecutive races. The payout for a Pick 3 bet is the sum of the wagers placed on the three possible outcomes.

Pick 4

Making wagers on the winners of any of four consecutive races at the same track is called a pick 4, which is a pari-mutuel pool wager in horse racing. Predicting the winners of four consecutive races is the goal of the Pick 4 wager. The total amount wagered on each of the four likely winners in a Pick 4 wager determines payments.

Pick 5

Bets on the winners of five consecutive races at the same track make up the Pick 5 pari-mutuel pool wager in horse racing. Successfully predicting the outcome of a string of five straight races constitutes a “Pick 5” wager. Wins in Pick 5 bets are calculated by summing the money wagered on all five outcomes.

The Pick 5 is heavily pushed by racebooks because of the large pool it generates. After five races, if no winner has been claimed, the prize money will be carried over to the next day’s races.

Pick 6

If you’re looking for a challenging and potentially lucrative bet, look no further than the Pick 6. A Pick 6 wager, depending on the selections made and the day of the race, can result in life-changing sums of money.

Bets on the winners of six successive races at the same track make up the Pick 6, a pari-mutuel pool wager in the sport of horse racing. Predicting the winners of a string of six races is a “Pick 6” wager. Pick 6 payouts are calculated by adding the money wagered on each of the six possible results.

Depending on the daily handle, the pick-6 payouts at the biggest New Mexico sportsbooks can easily hit six figures. Some racetracks will still pay out on all pick-6 tickets (covering six races) even if there is no overall winner. If there is only one winning Pick 6 ticket, the winner will still get a jackpot bonus from the racebook.

The Biggest Horse Races to Bet on in New Mexico

Although horse racing betting is among the earliest sports betting types in the United States, the rise of online betting has transformed the industry from a dormant niche into a cash cow. Sites like BetUS, Bovada, and MyBookie allow you to easily place bets on highly regarded horse racing events with the swipe of your finger. Put these occasions on your calendar for horse racing.

Epsom Derby

The Epsom Derby, held annually on the first Saturday in June at Epsom Downs Racecourse in Surrey, England, is the premier Flat race in the UK and has been contested since 1780. It is the biggest horse race in Britain in terms of prize money, with a purse of approximately $2,000,000. The race is open to three-year-old thoroughbred colts and fillies only, making it a Classic race. It covers a distance of 2,400 meters (about 1.5 miles) on turf. 

Bovada Kentucky Derby

The Epsom Derby is the second leg of the English Triple Crown, following the 2000 Guineas at Newmarket and preceding the St. Leger at Doncaster. The event is known for its prestigious attendees, including British royalty, and the Duchess’s Stand at Epsom Downs Racecourse has a capacity of 11,000 spectators.

Saudi Cup

The highly anticipated Saudi Cup, the world’s most lucrative horse racing event, takes place annually at the King Abdulaziz Racecourse in Riyadh, Saudi Arabia. Held on the last weekend in February, this prestigious race is run on a dirt surface over a distance of 1,800 meters (approximately 1.1 miles). With an astounding prize purse of $20 million, the winner of the Saudi Cup receives a staggering $10 million. 

Additionally, the top three finishers in the Pegasus World Cup are granted automatic bids to participate in the Saudi Cup, with Saudi Arabia covering the expenses for travel, accommodation, and horse care. In February 2020, the first Saudi Cup took place, and jockey Luis Saez rode Maximum Security to victory. However, due to trainer Jason Servis’s conviction in 2021 for administering illegal medications to horses, Saez has yet to receive his winnings. 

The Everest

The Everest is a highly lucrative sprint race held on the second or third Saturday in October at Randwick Racecourse in Sydney, Australia. The race takes place on a turf surface and covers a distance of 1,200 meters, equivalent to about three-quarters of a mile. With a prize purse of $14,000,000, it was the richest race in the world until the announcement of the Saudi Cup. Although a relatively new race, having been inaugurated in 2017, 

The Everest attracts horses from all around the globe due to its substantial prize money. While it currently lacks group or grade 1 status, it is expected to receive that recognition in the future. Open to any thoroughbred racehorse, the event operates on a weight-for-age basis, and owners must pay a hefty $600,000 entry fee to secure one of the limited 12 slots available. The success of Redzel, who won the first two editions of The Everest, demonstrates that age is not a barrier to triumph in sprint races.

Melbourne Cup

The Melbourne Cup, held on the first Tuesday in November at Flemington Racecourse in Melbourne, Australia, is a prestigious horse racing event. The race takes place on a turf surface and covers a distance of approximately 3,200m (about 2 miles). With a prize purse of $5,300,000, it is known as the race that stops a nation. Established in 1861, the Melbourne Cup attracts horses from around the world, testing their stamina in a handicap for three-year-olds and older. 

In 2018, Cross Counter made history as the first British-trained horse to win the race, following in the footsteps of Vintage Crop, the first Irish-trained winner after 25 years. Notably, Makybe Diva holds the record for being the only three-time consecutive winner of the Melbourne Cup, triumphing in 2003, 2004, and 2005.

Grand National

The Grand National, held annually on the second Thursday to Friday in April, takes place in Aintree, Merseyside, England. The race is run on a turf surface and covers a distance of approximately 7,242 meters (about 4.5 miles). With a prize purse of £750,000, it has been a prestigious event since its inception. 

In 1929, a record-breaking 66 horses participated in the race, while the smallest number of participants was seen in 1883 with only 10 horses. The slowest time in the race’s history was recorded in its inaugural year, 1839 when Lottery took nearly 15 minutes to win. The popularity of the event grew over the years, and in 2019, nearly 10 million people watched the race, which was televised on Channel 4 for the sixth consecutive year.

Sheema Classic

The Sheema Classic, held at the Meydan Racecourse in Dubai, United Arab Emirates, is a highly prestigious horse race in the Middle East. It happens on the last Saturday in March and features a turf surface over a distance of 2,400 meters (about 1.5 miles). With a prize purse of $6,000,000, it is one of the most valuable turf races in the world. The race is particularly sought after by Sheikhs and Princes in the region. 

Established in 1998, the Sheema Classic has specific entry requirements based on the origin of the horses. Only Northern Hemisphere four-year-olds and older are eligible to participate, excluding Southern Hemisphere thoroughbreds aged three and above. The grandstand at Meydan Racecourse can accommodate an impressive crowd of over 80,000 spectators. Additionally, the Dubai Turf, a race of similar distance (1,800m) and prize money, also takes place during the same event and deserves an honorable mention.

Breeders’ Cup

The Breeders’ Cup is a unique event in the world of horse racing, taking place on the first Saturday in November at a different venue in North America each year. The race is run on a dirt surface, covering a distance of 2,000 meters (approximately 1.25 miles). 

With a prize purse of $6,000,000, the Breeders’ Cup attracts top horses from around the globe. 

One of the most renowned races within the event is the Breeders’ Cup Classic, which has gained immense popularity since its inception in 1984. This weight-for-age race is open to three-year-olds and older horses, and Tiznow stands as the only double winner of the Breeders’ Cup Classic. Additionally, another significant race during the meeting was the Breeders’ Cup Turf.

Prix de l’Arc de Triomphe

The Arc, arguably Europe’s most prestigious horse race, is held every year on the first Sunday of October at the Longchamp Racecourse in Paris, France. This historic event, which has been a part of the European racing calendar since 1920, covers a distance of 2,400m (about 1.5 miles) on a turf surface. The race is open to three-year-olds and up, but geldings are not eligible to participate. 

With a prize purse of $5,600,000, the Arc has seen an impressive record of victories by fillies and mares in recent years. By 2018, eight horses had become dual winners of the race. The Arc has an interesting history. It wasn’t run in 1939 and 1940 due to World War II, and the 1943 and 1944 races were relocated to Le Tremblay. Furthermore, when Longchamp underwent redevelopment, the race was temporarily moved to Chantilly Racecourse in 2016 and 2017.

Dubai World Cup

The Dubai World Cup, held annually on the last Saturday of March at the Meydan Racecourse in Dubai, United Arab Emirates, is one of the most prestigious events in the global horse racing calendar. Covering a distance of 2,000m (approximately 1.25 miles) on a dirt surface, this weight-for-age race is open to Southern Hemisphere horses aged three and above and Northern Hemisphere thoroughbreds aged four and above. 

The Dubai World Cup, which is the most valuable race on World Cup night, boasts a staggering prize purse of $12,000,000. The race shares the spotlight with the Sheema Classic, another prominent event. Notably, Thunder Snow etched his name in the annals of history by becoming the only dual winner of the Dubai World Cup in 2019. The inaugural race was held in 1996, and since then, horses trained in the UAE, UK, USA, France, and Japan have graced its honor roll.

Kentucky Derby

The Dubai World Cup, held annually on the last Saturday of March at the Meydan Racecourse in Dubai, United Arab Emirates, is one of the most prestigious events in the global horse racing calendar. Covering a distance of 2,000m (approximately 1.25 miles) on a dirt surface, this weight-for-age race is open to Southern Hemisphere horses aged three and above, and Northern Hemisphere thoroughbreds aged four and above. 

The Dubai World Cup, which is the most valuable race on World Cup night, boasts a staggering prize purse of $12,000,000. The race shares the spotlight with the Sheema Classic, another prominent event. Notably, Thunder Snow etched his name in the annals of history by becoming the only dual winner of the Dubai World Cup in 2019. The inaugural race was held in 1996, and since then, horses trained in the UAE, UK, USA, France, and Japan have graced its honor roll.

Calculating Horse Racing Returns

We can take a racecard example from a popular site like MyBookie to explain horse betting returns. 

Along with the name of the horse, its current poll rank, and the jockey, the morning line odds are also shown. In addition, details such as the horse’s trainer, weight, current medical status, and claiming price are provided. If you look at the example down below, you’ll find that the betting favorite, the horse ranked number two, Nitro Vision, has odds of 9/5, which means that a $100 stake on “to Win” will return $180.

MyBookie horse races

When calculating the payoff based on fractional odds, the ideal method is to divide the fraction and then multiply the result by the required amount of money to be risked. Because of this, the fractional odds of 9/5 would become moneyline odds of +180, which would be equivalent to decimal odds of 2.80.

Is Horse Racing Betting Legal in New Mexico?

Wagering on horse races is permitted throughout the state of New Mexico and has been so for close to a century. In the early 1940s, New Mexico became the first state in the US to authorize the practice of pari-mutuel betting on horse races. 

Because of the way their compacts with the state are structured, tribal casinos in New Mexico are permitted to provide legal sports betting to their customers. However, the law of New Mexico does not make an exception for tribal casinos; it does not permit legal betting on sports anywhere else.

In the meantime, with the introduction of contemporary technology, online horse racing betting has been allowed and controlled in New Mexico for many years. Automation and cell phone apps have made it as easy to place bets online as it is to place bets in person. Even though people of various ages have been going to racetracks in New Mexico for a while, the only people who are allowed to place bets are adults who are at least 18 years old.

In New Mexico, all wagers are required to be pari-mutuel bets. This means that bets such as win, place, or show are completely acceptable. Payouts and odds are determined by dividing the money pools for each race among the winning bets for each market. However, New Mexico does not yet have the legal authority to offer “fixed odds” bets of the kind that sportsbooks offer.

If you want no restrictions and the opportunity to bet on any type of horse racing event you want, your best bet is one of our recommended sportsbooks. 

State-licensed Horse Racing in New Mexico

Only five of the state’s tribal casinos have decided to provide on-site sports betting at this time, despite the fact that New Mexico is home to approximately two dozen gaming establishments, either in the form of tribal casinos or commercial racinos. At this time, there are no live applications available in the state that offer any bonuses relating to online sports betting.

  • Buffalo Thunder Casino 
  • Inn of the Mountain Gods 
  • Isleta Resort and Casino
  • Route 66 Casino
  • Santa Ana Star Casino 

New Mexico Horse Race Tracks

Whether it’s a trip down memory lane at Ruidoso Downs or a nod to the past with a modern twist at The Downs in Albuquerque, both racetracks are steeped in history. Attending the races in person at any of the main horse race tracks in New Mexico is absolutely necessary due to the general ambiance and atmosphere that can be found at each of these facilities.

BetUS Horse Racing Promos
  • SunRay Park- 39 Rd 5568, Farmington, NM 
  • The Downs At Albuquerque, 1475 Louisiana Blvd. NE, Albuquerque, NM
  • Zia Park- 901 W Millen Dr., Hobbs, NM
  • Sunland Park- 1200 Futurity Dr., Sunland Park, NM
  • Ruidoso Downs Park- 26225 US-70, Ruidoso Downs, NM

NY Virtual Horse Racing

Bettors who participate in virtual horse racing can do so after the day’s live racing coverage has concluded. Virtual horse races are simulations of actual horse races run on computer-generated racetracks that are meant to look like famous horse racing venues. The growth of online horse race betting has allowed formerly obscure forms of gambling, such as virtual horse racing, to r​​ise to the forefront of the horse betting industry.

Online Horse Racing Bonuses and Promotions

If you live in New Mexico and enjoy betting on horse races, you may benefit from weekly offers at the betting sites we recommend. In spite of annual adjustments, the savings are always available. You should familiarize yourself with the most prevalent types of racebook bonuses before deciding to take one.

Enhanced Odds

During an enhanced odds campaign, a bookmaker raises the odds on a select group of markets or events. This is a common occurrence at important races. 

Promotional Offers 

When you sign up for the first time at a sportsbook in New Mexico, you can expect a welcome bonus. The maximum bonus offered by a gambling website is sometimes worth several thousand dollars. 

Several online horse racing betting services offer matching deposit bonuses, often up to twice the amount you put in. If a player makes an initial deposit of $1,000 and receives a 100% bonus, the bookmaker will additionally add $1,000 to their account. For example, BetUS’s generous 125% up to $3,125 first deposit bonus is among the best in the business. 

Deposit bonuses 

Rewards are tied to the amount of money players put into their accounts. The minimum deposit and bonus percentage vary between offers. They boost your playing ability by offering you free money to spend on whatever you choose on the site.

Cryptocurrencies offers

Although cryptocurrency bonuses mimic bonus deposits in many aspects, only gamblers who make deposits using cryptocurrencies can use them. Extra bonuses and other benefits are frequently made available for bitcoin deposits.

Refer-a-Friend

By referring others to the sportsbook, existing clients can earn rewards. Both the existing player and the player they referred are eligible to gain benefits, such as free bets or bonus credit, when the new player joins and meets the prerequisites. 

Risk- Free Bets

Free bets on horse races are the best promotion available to bettors. The bookmaker will offer a free credit to cover the amount on a reasonably small wager. Most bets start anywhere between  $2 and $5, but you keep all of your gains if you succeed. A risk-free wager is another name for this benefit.

Cashback/Rebate/Money-Back

The horse racing rebate offer, a popular incentive in the market, compensates players for their losses following a specific number of unsuccessful wagers. Only certain types of bets, as specified by the horse racing site in the terms and regulations, will be eligible for the bonus, which is often between 8 and 10 percent.

Payment Options for Online Racebooks

New Mexico customers of offshore platforms can choose from a wide range of deposit and withdrawal options. PayPal, bank wires, debit/credit/gift cards, cryptocurrencies, and more are all available as deposit methods for customers. 

Cryptocurrencies

New Mexico residents can use offshore racebooks to wager using Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Cryptocurrencies have the ability to make financial transactions more efficient, less expensive, and private.

Bank Wire Transfer

Offshore racebooks that accept New Mexico bettors typically accept wire transfers as a deposit method. Connecting your financial institution to your sports betting account will do this. This is a safe way to deposit funds, but it may take some time to process.

Bovada payment page

Credit Cards

Online racebooks typically accept many deposit methods, including credit cards. This is a safe and easy option for adding funds to your account.

Gift Cards

Gift cards can also be used as a form of payment. You can buy these with real money on the internet and use them to fund your gambling account. When making a purchase, a gift card removes the need for players to provide private financial information such as a bank account or credit card number.

New Mexico Horse Race Betting Apps

Bettors may now get horse racing odds much more quickly and easily thanks to the rise of online gambling. The manner in which bettors wager in New Mexico has also shifted, albeit at a much slower rate than that brought about by the advent of mobile betting. The top New Mexico horse racing betting platforms, such as BetUS and Bovada, now have state-of-the-art mobile apps with user-friendly interfaces that cover betting at all the major tracks in the United States.

New Mexico Horse Betting Apps for Android

Don’t worry if you don’t have an iPhone; there are plenty of other gambling applications available for Android devices. When compared to competing racebook apps, MyBookie’s Android betting app provides a sophisticated advantage. The app puts over 150 live race tracks and the world’s top horse racing in the hands of legal bettors, wherever they may be.

NM Horse Betting Apps for iPhone

There are a number of horse racing apps for the iPhone, but the Bovada app stands out as the best option for any iOS device. The TVG betting app brings horse racing bettors closer to the events than ever before, with betting availability for more than 300 courses worldwide.

Gambling in New Mexico

New Mexicans have their pick of gambling options, whether it’s online or at a land-based venue:

Signing Up For A New Mexico Racebook

BetUs makes it easy to get started betting on New Mexico horse races. You can start placing bets on the races as soon as you submit certain identifying information and a method of payment. If you’re interested in betting on horse races with BetUS, keep reading for a comprehensive guide to signing up for an account.

1. Create an account with BetUS

Navigate to the sportsbooks and click on “Join’. 

BetUS home page

2. Fill Out The Required Fields

Fill up the required fields with the appropriate information. Your full name, home address, phone number, birthday, username, email address, and password will all be included here.

BetUS sign up page

3. Confirm your account

In order to make deposits and withdrawals, all new BetUS members will need to submit identification. BetUS will allow you to make a deposit and get your bonus when you’ve validated your account.

4. Put Money Down and Get a Bonus

Once your account has been verified, you’ll be able to add funds using the method of your choice. After making a deposit, you’ll receive the bonus offer if you qualify. BetUS is offering a 125% sign-up bonus to new racebook users, in addition to a 200% sign-up bonus for crypto users. 

BetUS sportsbook page

5. Start Betting

Get in on the action and place bets on the best daily races once your BetUS account has been funded and is ready to go.

Horse Racing Terminology

It’s easy to become lost in the maze of horse racing betting lingo and terminology that have developed over the past century. Here is a glossary of frequently used terminology in the sport of horse racing, with definitions.

  1. Also Eligible, or “AE”: “AE” denotes horses that have been entered into the field but are not guaranteed to race unless other horses are withdrawn.
  2. Apprentice jockey: A student who rides horses professionally and receives a weight allowance based on his or her level of experience.
  3. Backstretch: The backstretch is the stretch of the track that is not near the starting or finishing lines.
  4. Blinkers: are an item of equine equipment that covers the eye and reduces the horse’s peripheral vision.
  5. Break Maiden: To “break maiden” means that the horse or rider has never previously won a race.
  6. Breeze: When a horse is working out in a breeze, the rider does not need to encourage the horse to gallop under a hold.
  7. Bridge Jumper: A “bridge jumper” is a gambler who bets heavily on odds-on favorites in the Place or Show pools.
  8. Clocker: A clocker is someone who keeps track of exercise times and/or rankings.
  9. Clubhouse Turn: When a race starts on the frontstretch or homestretch, the first turn is called the “Clubhouse Turn.”
  10. Conditions: Surface, distance, purse, and eligibility requirements are all examples of conditions that might affect the outcome of a horse race.
  11. Dark: A day when there is no live racing at a particular track.
  12. Distance of Ground: Longer races cover more ground, as in a route race or one with two laps.
  13. Dog: A cone or other obstacle set at a predetermined distance from the turf course’s rail to prevent horses from trampling the grass.
  14. Graded Race: The American Graded Stakes Committee has determined that a race with a grade (I, II, or III) is of a higher caliber than other races of the same type. This competition is the pinnacle of racing.
  15. Half sister: A female horse who shares the same dam but not the same sire is considered a half sister. Horses who share the same sire but separate dams are not related.
  16. Handicap: To ensure that all horses have a fair shot at winning, the racing secretary will apply weights to their starting positions before the race begins.

New Mexico Horse Racing FAQs

Is it possible to place bets on sports online in New Mexico?

Betting on sports online is not permitted in the state of New Mexico. None of the state’s five tribal casinos that currently provide sports betting have the infrastructure necessary to offer mobile sportsbooks because the state has never approved internet sports betting. Wagers can be placed online at any of LetsGambleUSA’s recommended sportsbooks, however. 

What is New Mexico’s minimum age for gambling?

The laws of New Mexico pertaining to gambling are found in sections 30-19-2 et seq. and 60-1A-1 et seq. New Mexico sets its legal gambling age at 21 for casinos and 18 for lotteries and pari-mutuel betting.

In New Mexico, who is in charge of the gambling industry?

Each tribe has its own gambling commission that monitors all forms of gambling on tribal territories, including sportsbooks. Oversight of the tribes and their adherence to the terms of their state compacts is handled by the US Bureau of Indian Affairs. 

Is it possible to wager on sports in New Mexico?

Yes, a small number of tribal casinos have launched retail sportsbooks ahead of the state’s legalization of the industry.

Since PASPA is no longer in effect, tribal casinos in New Mexico are free to open sportsbooks in accordance with the terms of their current gaming compacts with the state. The state has never prosecuted any of the sportsbooks currently operating.

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