For well over a century, wagering on horse racing has been one of the most popular and interactive spectator sports throughout most of the civilized world. From New York City to Los Angeles, from Sydney to Tokyo and from Paris to Hong Kong people gather at racetrack facilities to participate in parimutuel wagering. It used to be that the only way you could bet on a horserace was either by being at the racetrack or placing the bet with a bookmaker - a profession which is/was legal in some countries but illegal in others. Then came the advent of "off-track betting " where bettors could visit a remote facility to watch and wager on horseracing but such betting parlors usually have/had very restricted menus with regard to the racetracks available for wagering.

Well, times have changed and in this digital age, betting on line horse racing has opened new horizons to afficionados of "the sport of kings". Betting on line horse racing allows bettors to wager on races all over the world at almost any hour of the day. The choice of which of the many online wagering services to use usually depends upon the country and city of residence of the would be wagerer. Once you have determined which betting on line horse racing service is available to you, the next consideration should be whether the service offers the racetracks you prefer, how quickly the betting on line horse racing service credits winning wagers to your online account, what type of reward or rebate programs the betting on line horse racing account service offers its customers and the procedures used for withdrawals of your winnings.

Betting on line horse racing has already impacted the sport with regard to how many bettors are able to wager on a particular race or a racetrack's card of races. The larger the mutuel wagering pools are on each race, the more tax revenue is generated, the more profit is enjoyed by the racetrack, and the greater the chance that purses will be increased which accrues to the benefit of racehorse owners and jockeys. Indeed, betting on line horseracing carries the future of the sport on its back.