New York residents are permitted to place bets on the TwinSpires websites as the state typically embraces horse betting, however, you will need to provide your social security number. Alternatives include online websites like Bookmaker, which has been in business since 1986 and do not require your social security number, they do not report your earnings, and Bookmaker offers a generous welcome bonus (max bonus $1600). Did we mention 8% rebates on WINS and LOSSES.
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New York State is especially friendly towards the horse racing community, with Off Track Betting (OTB) especially popular with residents here.
New York State currently features both Thoroughbred and Standardbred horse racing where pari-mutuel wagering takes place. Top tracks include Belmont, Aqueduct and Saratoga to name a few.
There are four Thoroughbred tracks and seven Standardbred (harness) tracks in the state.
Additionally, bettors may wager on races remotely through any of the state’s five off-track betting corporations. The tracks and off-track betting locations also feature simulcasting of races taking place within and beyond New York’s borders.
Again, with these state-run businesses you will be required to provide a social security number and your winnings will be reported to the state for tax purposes. Websites licensed outside New York do not ask for a social security number nor do they report your winnings to any government entity, though it is never a wise decision to withhold such information come tax time.
Bookmaker Racebook vs. TwinSpires
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BETDSI.COM |
TWINSPIRES.COM |
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8 Percent Cash Back |
No Cash Back |
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Up to $1600 Free Cash Signup Bonus |
$100 Signup Bonus |
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Does Not Require Social Security # |
Must Provide Social Security # |
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Will Not Report Earnings |
Reports Tax Info to Government |
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Offers Betting on Hundreds More Events |
Limited to Horse Betting |
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Betting on Over 50 Race Tracks |
Betting on Over 50 Race Tracks |
