Oregon Horse Racing Betting – Comparing The Best Horse Racing Betting Sites in Oregon

Since pari-mutuel betting was first introduced in 1933, Horse racing in Oregon has gone from strength to strength. These days, you can wager and win 24/7 at leading offshore racebooks and tracks. And, with 500+ different markets, betting systems and odds available online, there’s no end to the action. Stick around as we unpack the best sites for horse racing in Oregon, including top-paying promotions and welcome offers, key features, terminology, and more.

If you’re looking for the best Oregon horse racing tracks, fast deposits and withdrawals, comprehensive odds and star-studded Welcome Bonuses, the below 10 sites for horse racing in Oregon have the best reputations ie. “track records” around. Check them out below.  

Ranking The Top 10 Betting Sites For Horse Racing In Oregon

We rated and reviewed ten of the best sites for horse racing in Oregon. Every site on this list has a world-class offering. Below are 10 of the best racebooks throughout Beaver State. 

1. Bovada – Best Site for Horse Racing in Oregon
2. BetOnline – Daily 9% Horse Racing Rebate
3. Everygame – Dedicated Virtual Horse Racing Category 
4. MyBookie – Top Off-Track Horse Racing Odds
5. BetNow – Strong Morning-Lines For Upcoming Races
6. XBet –  Top Markets, Odds and Betting Options
7. BetUS – Saturday Stakes Money Back Offer
8. BUSR – Multiple Reload Bonuses and Cash Back Incentives
9. Jazz – Best App for Horse Racing in Oregon
10. Sportsbetting.ag – Multiple International lineups & racetracks

Reviewing The Best Oregon Horse Racing Betting Sites

Below are the top five sites for horse racing in Oregon. These platforms stand out for their intuitive navigation, range of markets, odds and bet types, as well as their list of leading promotions, rebates and payouts. Check out the full list below. 

1. Bovada – The Best Horse Racing Site in Oregon

A division of Bodog, Bovada has been running racing action since 2011 and today houses 40+ of the world’s most sought after Oregon horse racing tracks and betting markets. Although you won’t find as many international lineups on the cards, Bovada’s range of betting options makes it a must for any punters looking to try their hand at online horse racing in Oregon.

Bovada is well known for delivering fast payments with a special emphasis on cryptocurrency. Core features include Morning Line Odds, a 7% daily rebate, strong mobile integration and a nice signup bonus that can be utilized on most sporting fixtures and tracks.

The site also has a dedicated category for virtual racing where wagers can be placed 24/7 while waiting for other lineups. Bovada also has an intuitive, real-money app for Android and iOS.

Bovada Welcome Bonus Offer:

Oregon horse racing fans can unlock a warm $1000 Sign Up Bonus for a $20 first time deposit when using promo code “BVD1000” on the cashier’s page. Crypto players can unlock a 75% Bitcoin Match Bonus of up to $750 when using promo code “​​BTCCWB1250”

2. BetOnline – Daily 9% Horse Racing Rebate

BetOnline is a globally recognized site for horse racing in Oregon. Its clean interface houses all the best Oregon horse racing tracks, with regular promotions and leading rebates. 

Pick 60+ of the best local and international markets, running 24/7 with leading odds and bet types like a trifecta, daily double, show, place, pick 4/5/6 and more. The site also has Morning-Line, decent mobile integration and enhanced site speed.

Regular racebook promotions include a $25 Risk-Free Bet. as well as an industry-leading, daily 9% Rebate. There are also a few sports-centric cashbacks that carry over to the racebook.  Remember to insert your BetOnline Promo code, where applicable.

BetOnline Welcome Bonus Offer:

Place your first wager with BetOnline and get a $25 Risk-Free Bet. Simply register an account, make the first wager and if it doesn’t win, you’ll be reimbursed with a free play up to $25.

3. XBet – Top Markets, Odds and Betting Options

Known for its leading markets and signature lineups, XBet is a triple threat betting site and top contender for horse racing in Oregon. Punters can enjoy 24/7 wagering across 50+ local and international tracks, including special offers on signature events like the Kentucky Derby. 

XBet has a smooth interface, user-friendly racecard, and a range of depositing and withdrawal options known for quick turnarounds with Bitcoin payouts processed instantly. Oregon horse racing fans can unlock a 100% up to $500 Sports Betting Welcome Offer which can be used on certain racebook lineups. There’s also a 7% daily horse-racing rebate. 

XBet Welcome Bonus Offer:

When signing up to XBet, you’ll have the option to unlock a 100% up to $500 Sports Bonus in exchange for a  $45 minimum first-time deposit. This offer carries a 7x rollover. And you’ll need to use the promo code “XB100” to redeem the bonus on the cashier’s page. 

More on gambling in Oregon…

Learn about all types of online gambling in Oregon in our expert guides below:

• Oregon Sports Betting
• Oregon Real Money Online Casinos
• Oregon Online Poker
• Oregon Online Gambling
• Oregon Sports Betting Apps

Comparing The Best Sites For Horse Racing Oregon Has To Offer

Each of the above Oregon horse racing sites has its own unique value adds. But, there are a few common features that every Racebook should be promoting to rank among the best horse racing sites in the game. Bovada gets a notable mention for their intuitive live betting suite, comprehensive racing odds and top promotions. The below checklist will run you through what to look for when betting on horse racing in Oregon.

Horse Racing Odds

The best Oregon horse racing platforms should have a wide range of racing odds with high-profit potential and varied buy-ins. Sites like BetOnline, Bovada and XBet not only have the widest choice of online odds, they also take a lower commission.

Horse Racing Betting Markets

Leading Oregon racebooks always have the latest betting markets, with a strong emphasis on Exotic wagers. Sites like BetOnline, and Bovada will consistently roll out popular and profitable markets, including, win, place and show bets, as well as exacta, trifecta, superfecta, and more.

Live Horse Racing Betting

Nothing compares to the thrill of live horse racing betting. While most punters will opt to place their bets and revisit them post-race, sites should always have a built-in Live Betting feature for die-hard racing fanatics. Bovada and BetOnline are two sites that set the pace in this category. 

Horse Racing Betting Promotions

All the top Oregon horse racing sites will have a list of leading promotions to unlock. Look for Welcome Offers, Rebates, and more when selecting your next racebook. To get started, check out Bovada’s industry-leading $1000 Sign Up Bonus or BetOnlines 9% Rebate. 

Special Features for Horse Racing

One of the best special features to look out for when selecting an Oregon horse racing site are their built-in handicapping tools. These tools are designed to give you the upper hand and make informed decisions on upcoming races. Other features to look out for include weekly promotions and tournaments, exotic bets and varied odds, as well as a lower house cut (juice) on wagers. 

Horse Racing Welcome Bonus 

There’s no better incentive than a strong Welcome Bonus. Bovada takes top spot with their $1000 Sign Up Bonus. Jazz’s Risk-Free bonus, while smaller, comes with a lower rollover, and BetOnlines $25 Risk-Free Bet is a nice added incentive. 

User-Friendly Design

Look for sites that clearly display their odds, betting systems and upcoming races. Make sure your betting card is always readily accessible and that races are clearly sub categorized. 

Live Streaming

When it comes to Live Streaming, Bovada, and BetOnline are best. Their fast loading platform live streams all the biggest events and has a built-in replay feature that covers every angle. Jazz’s dedicated broadcast network reaches 60 million people a day and includes live commentary and expert opinions.

How to Choose the Best Oregon Horse Racing Betting Sites

Before registering a new player account for horse racing Oregon, you’ll want to ensure they’re world-class, fully licensed gambling entities with a strong industry reputation. Everygame, Jazz, XBet, BetOnline and Bovada share one common similarity. Their attention to racing excellence. Below are a few things to keep in mind when picking an Oregon horse racing site. 

Brand Recognition

All of the best Oregon racebooks have their own signature brand, complete with leading markets, a dedicated player base and a range of excellent features. Always ensure your Oregon Racebook is a fully licensed gambling entity with a multitude of different markets, odds and fixtures, running 24/7. Additionally, check out the site’s banking options, site security, mobile integration and overall track record. 

Payment Methods

More often than not, the more banking methods offered, like Bank Wire, PayPal, Visa, MasterCard and similar, the better the sites ability to process payments quickly and effectively. Most Oregon horse racing sites champion crypto payouts in Bitcoin, Ethereum, etc.

Safety & Security

Oregon horse racing sites are judged on their ability to keep your payments and your account safe and secure. A winning Trifecta bet won’t go far if your funds are compromised or your profile is hacked. That said, player safety and security should always take top priority. Look for sites with SSL encryption technology, 2FA, and multi-layered password protection. 

Speed & Design

If you’re after Live Racing Odds, time-sensitive bets, or strong mobile capability, you’ll tear your hair out with slow loading, buggy or hard to navigate platforms. Go online and test out the user experience. Try wagering a small amount on a live race to ensure that site speed, loading times and similar are never an issue. 

Customer Service

The last thing you want to do is gamble on a site with non-existent customer support. Make sure you have 24/7 assistance and scroll through your preferred Oregon horse racing site to find relevant contact details, i.e, email, phone and live chat.   

Overall Value

Stick to these performance metrics and you’ll always find the right site for horse racing in Oregon Bovada, XBet, Sportsbetting.ag, BetOnline and Everygame check all of the above boxes. Remember to also look out for top betting systems, live streaming ability, promos and more.

Horse Betting Guides State by State

Oregon Horse Racing Betting Guide – How to Bet on Horse Races in Oregon

It’s time to unravel all the latest betting structures, odds and markets for horse racing in Oregon, including parimutuel bets, fixed odds and more. Learn how to bet on Oregon horse racing. 

Check Out Our Popular Horse Racing Guides

How Does Horse Racing Betting Work in Oregon?

While it can seem confusing at first glance, wagering on horse racing in Oregon is pretty simple, when you know what to look for. Simply choose a platform, open an account, transfer a first deposit and wager on an upcoming race from the dropdown list provided.  

Sites like Jazz and Sportsbetting.ag have handicapping tools to help you better understand the odds and make informed decisions. Read through a site’s pre-race odds (Morning Lines) to get a better scope on the bookies preferred picks and keep this in mind when placing your first wager.

Oregon Horse Racing Betting Explained

Racecards are where you’ll make your wagers. They’ll detail the day’s lineups, running odds and applicable betting options, where you’ll pick a race, place your wager and add it to the slip.

On the “Straight” or standard racecard, there’s an option to bet on Win, Place and Show. Other sub-categories on the above card include Exacta, Trifecta and Pick 4, which are considered “Exotic” bets. The major difference between the two is that Exotics involve multiple horses.  

The “ML” or Morning Line column shows the day’s odds. These odds can change as the day progresses, so keep an eye on them. You can calculate your expected returns using the Morning Line. For example, a 3-1 bet means that for every $1 staked, you stand to win $4. 

OR Horse Racing Betting Odds

While wagering on horse racing in Oregon is fun and often thrilling, it’ll always be the payouts taking top priority and the cardinal rule of any race day is finding the site with the strongest betting odds. Opt for industry heavyweights like Jazz, BetOnline, Bovoda and others. They often charge lower commissions and tend to have excellent betting odds.

Fixed Odds for Horse Racing Betting in Oregon

Fixed odds are the act of betting on a race where the odds and resulting payouts will not fluctuate. These odds (known as the Starting Price) are placed at the discretion of the bookmaker or racebook operator.  

Pari-Mutuel Betting in Oregon

A common betting style throughout North America, pari-mutuel bets are wagers awarded as dividends. All bets (of a specific type) are placed into a pool and divided up amongst the winners at the end of the race. 

Pool Betting on Oregon Horse Races

Similar to pari-mutuel betting and a common structure for Exotic wagers, Pool bets are presented by the operator or bookmaker and require participants to pay a fixed price into a pot. Depending on the outcome, the prize money may be awarded to one person or shared by many. 

What Are the Different Types of Horse Racing Bets

There are a few standard bets found at Oregon horse racing tracks.  These wagers have the same universal rules and payout systems. Below are the most common horse racing bets.

Win Bet

A Win Bet (or Win wager) is the easiest bet you can make at an Oregon horse racing track. You simply place a wager on the horse that will cross the finish line first. 

Place Bet

A Place Bet is a wager made on whether your horse will finish first or second. These bets tend to have smaller payouts than win bets, as the top two finishers share the prize money. 

Show Bet

A wager is made on whether your horse will finish first, second, or third in a particular race. The payout here is smaller than a place bet, as three finishers share the prize money. 

Exacta Bet 

An Exacta Bet is won by picking the first two finishing horses in the correct order. Payouts on Exacta Bets are determined by the pari-mutuel betting system and vary according to race odds and the size of the betting pool.

Trifecta Bet 

A Trifecta Bet is won by picking the top three finishing horses in the correct order. Payouts on Trifecta Bets are determined by the pari-mutuel betting system and vary according to race odds and the size of the betting pool.

Superfecta Bet 

A Superfecta Bet is won by picking the top four finishing horses in the correct order, i.e first, second, third and fourth. Payouts on Superfecta Bets are determined by the pari-mutuel betting system and vary according to race odds and the size of the betting pool.

Daily Double Bet

A Daily Double Bet is won when you correctly predict the winning horses of two consecutive races. This bet is only paid out if both horses win their respective races. 

Pick 3/4/5/6 Bets

A Pick 3/4/5/6 Bet follows the same mechanics as a Daily Double. Bets are won for correctly predicting the winners of three consecutive races, four consecutive races and so on, up to six.  

The below table breaks down the minimum buy-ins for Oregon horse racing bets. 

Oregon Horse Racing Betting Terms

Horse racing betting has some of the most colorful jargon around. And, whether you’re fresh out the gate or a seasoned racetrack veteran, you’ll find the same terms coming up frequently. Below is a 101 guide (or memory jog) for the most commonly used racetrack terminology. 

Horse Racing Betting Terms Explained: 

Below you’ll find a list of the most commonly used terms for horse racing in Oregon

Ante-Post

A bet is taken and made in advance before the main betting market has opened. 

Co-Favorite 

One of two or more horses regarded as market leaders (with the shortest odds). 

Dead Heat

Two (or more) horses finish a race at the exact time.

DQ

An abbreviation for a disqualified horse

Dutch Betting 

A betting technique where you’ll back more than one outcome in the same race. 

Exotic Bet

A popular sub-sector of bets involving multiple horses. These bets include Exacta, Trifecta, Superfecta and similar.

Favorite

The horse with the lowest odds and the one most likely to win the race. 

Furlong

Races are measured in Furlongs which is equivalent to 1/8th of a mile.

Lay

A Lay Bet is wagering a stake on an outcome to not occur, i.e a particular horse not winning. 

Longshot 

A horse with a low chance of winning any race.

Morning Line

These are the racing odds published on the morning of a given race or meeting. 

Odds

The returns you stand to gain if your wager is successful.

Pari-Mutuel

All bets of a particular type are placed into a pool and divided up amongst the winners at the end of a race. 

Stake 

The amount of money bet on a horse i.e risked in the gamble. 

Oregon Horse Racing Betting Calculator

Most racebooks run pari-mutuel and pool betting systems, meaning the final odds are only released at the end of a race. The racebook will display the Morning Line (ML) at the beginning of each day and these odds, although prone to fluctuate, is a good indicator of the day ahead.

So, is it possible to calculate universal horse racing betting odds?  

How To Calculate Horse Racing Betting Odds

To calculate horse racing betting odds, you’ll need to subtract the take from the total pool. After that, subtract the amount you’ve wagered and this should give you the amount that could potentially come back to you. Bookmakers will assign fixed odds (pre-race) to different horses. Some are marked as favorites and others as longshots. The odds on a given lineup change depending on the day and volume of bets placed. 

Oregon Horse Racing Odds Chart

Below is a table detailing the most common odds for horse racing in Oregon.

Oregon Horse Racing Tracks

Although Oregon remains a firm supporter of horse racing, as of 2022,  they don’t have much to offer in line with major racing complexes. The Portland Meadows racetrack, once widely recognized as Oregon’s top racing complex, subsequently closed down in 2019. Additionally, Prineville Oregon horse racing is no longer scheduling track days, although they still have rodeo events, and until further notice, horse racing at Gresham Oregon, nor the Oregon derby are running and will remain temporality closed throughout the most part of this year, due to ongoing Covid restriction. If you’re looking to wager on Oregon horse racing, Grants Pass Downs is the only major option available. Alternatively, you can take a trip across the state to Washington. 

After Portland Oregon horse racing was decommissioned with the closing of the Portland Meadows race complex, most major lineups have moved to Grants Pass Downs. They’ve secured a three-year commercial racing contract and are starting their 2022 roster with Racing on the Rogue, scheduled for May 2022. 

Grants Pass Downs – 1451 Fairgrounds Rd, Grants Pass, OR 97527

Grants Pass Downs has hosted live pari-mutuel horse racing since 1968. Located at the Josephine County Fairgrounds, Oregon horse racing fans can enjoy a fun day at the tracks, with professional staff, an inviting atmosphere and a myriad of different betting options. The top lineups are also live-streamed through Jazz.

The History of Horse Racing In Oregon

Oregon’s horse racing history comes down to two race tracks that dominated the market from as far back as 1933, and even though Horse racing in Portland Oregon is no longer an option with Portland Meadows is no longer running, Grants Pass Downs is still going strong and scheduled to be revamped this year.

Oregon Horse Racing Schedule 2022

Upcoming horse races taking place this year at Grants Pass Downs have not been published. Be sure to check out the Grants Pass Downs official website for updates on scheduled events.

Comparing Betting At The Racetrack With Online Horse Racing Betting

Betting in-person is obviously enjoyable, but usually not as rewarding. Land-based race tracks are nowhere near as flexible as online platforms and have limited options when it comes to markets, odds, bonuses and banking methods. 

General Terms and Conditions at Horse Racing Betting Sites in Oregon

There are a few Ts and Cs to work around when you first register an account. These usually include the minimum deposit needed to unlock a bonus, as well as the need to input unique promo codes for different offers. Additionally, rollovers need to be considered.

Rollover Requirements

These are the wagering requirements applied by the Racebook or site operator that need to be met before the offer can be redeemed. Here is the current rollover requirement for the top ten sites for horse racing in Oregon.

Oregon Horse Racing Betting Bonuses

Below is a list of the most common bonuses to unlock at Oregon horse racing sites. These include regular promotions, rebates, welcome offers, loyalty rewards and enhanced odds on qualifying tracks. 

Welcome Offers

Welcome Offers or sign up bonuses are the ultimate racebook value add. They mostly present as Match Bonuses, where, in exchange for a first-time wager, you’ll have your deposit returned to you or exceeded after meeting the site’s wagering requirements (rollover). 

Loyalty Levels

Loyalty Rewards and frequent player points can be collected and redeemed for free wagers, enhanced odds and other platform incentives. 

Rebates

Racebook rebates are paid out daily, regardless of whether your bet wins or loses. They can go up to 9%, as is the case with BetOnline and usually have no cap on how much you can earn. 

Enhanced Odds

A racebook may increase its overall betting odds as an added incentive during certain promotions where if you meet the minimum wager, you stand to walk away with more. 

Virtual Horse Racing Betting in Oregon

Head over to sites like BetOnline and Bovada and find some of the best virtual horse racing action around. These digital races ensure there is always a fresh market to bet on, regardless of whether there is an upcoming real-world race on the cards or not. 

Oregon Horse Racing Betting Apps

Sports Betting mobile apps are simple to navigate, easy to use and packed to capacity with all the same markets, odds and fixtures that you’ll find onsite. 

Oregon Horse Racing Betting Apps for iPhone

There are some great horse racing apps for iOS out on the market today. Bovada has its own dedicated real-money app for iOS, and it can be downloaded from the site.

Oregon Horse Racing Betting Apps for Android

Android Racebook betting apps carry the same top features and seamless navigation as their iOS counterparts. Use the Bovada, Sportsbetting.ag or Jazz horse race betting app for mobile and get unprecedented access to all major markets, and international and local tracks. 

How To Start Betting At Horse Racing Sites In Oregon

You’re officially ready to bet with the best platforms for horse racing in Oregon. All that’s left to do is set up your player account and make the first deposit. Here are the steps to get started. 

Step 1: Create a New Account

Head over to one of the above platforms (we’ll use XBet). In the top right-hand corner of the home screen select the “Join Now” button. Fill in your email address, unique password, the region you’re logging in from and, where applicable, your Welcome Offer Promo Code.

Step 2: Navigate to the Racebook

Head over to the Racebook, usually found in a drop-down category on the site home screen.

Step 3: Add Funds To Your Account

Choose a method for adding funds to your account. Fill in your banking details/wallet address in the space provided, and depending on the method, the money usually reflects in 24 hours.

Step 4: Find The Right Race

Browse through all the different tracks and markets and find a race you’d like to wager on. Click on a specific race and a list of betting options will appear.

Step 5: Place Your Bet

Once you’ve selected your race, you’ll see it listed on your racecard. Enter your stake next to your favorite horse and confirm the bet by selecting “Add to Racecard”.

Step 6: Monitor Your Bet 

Visit the site to monitor your bet and see if you’ve picked a winner. Navigate to “My Bets” and/or “Bet History” for information on past races.

Other Types of Gambling in Oregon 

Horse racing aside, for gambling in Oregon, there is a range of different options and events, both land-based and online. You can choose to gamble at any of the world’s leading sportsbooks, with 24/7 fixtures and markets covering all the latest events like the NFL, NBA, NHL and MLB, as well as international lineups like Premier League Football, Tennis and more. If you’d like to place a wager at leading online casinos, you’ll need to choose an offshore site like Bovada, XBet, or BetOnline.

What Is The Best Site For Horse Racing Betting In Oregon?

The best site for horse racing in Oregon goes to Bovada. Their 200+ local and international race tracks, range of different betting markets, star-studded promotions, top handicapping tools, and live betting ability make them a force to be reckoned with for horse racing in Oregon.

Join Bovada today and start winning with the best in Oregon horse racing.

FAQs

Can you bet on horse racing in Oregon?

Yes, you can bet on horse racing in Oregon, both online and in-person using offshore platforms like Bovada, XBet, Jazz, Sportsbetting.ag, or BetOnline

How many horse tracks are in Oregon?

Portland Meadows has closed down, but Oregon horse racing fans can still place wagers in person at the Grants Pass Downs racetrack, located at the Josephine County Fairgrounds.

What state has the best horse racing?

Kentucky, New York, California and Florida are widely regarded to have the best horse racing.

Does Oregon have horse racing?

Yes, Oregon has some top offshore horse racing sites and a few dedicated race tracks, including Grants Pass Downs.