MyRaceBet.com GENERAL QUESTIONS

What is MyRaceBet.com?

MyRaceBet.com is a horse-wagering service dedicated to delivering the thrill and excitement of the racetrack through the convenience of the Web. From the latest odds and payouts, to handicaps and track conditions, MyRaceBet.com provides its members with all of the information they need to make a smart bet online. Members can place secure bets on a variety of tracks and see the results of the wager minutes after the race has been declared "official." No waiting, telephone calls or hassles. In addition, MyRaceBet.com provides its members an easy way to check on their account and their winnings.

How much does the service cost?

We continue with our philosophy of No Fee Wagering for most services. Where there is a fee or restriction for services we attempt to offer a no-fee alternative that is easy to follow and set up. For instance:

  • There are no fees for placing a wager.
  • Free Money Transfers - We charge credit card processing fees but offer our free EZmoney service. It is free to set up and there are no fees to transfer funds in or out of your account.
  • We do not charge for live video or the video replay library. However, to give our regular customers or seasonal customers the best viewing experience we have implemented a policy that requires a nominal amount of account wagering activity.
  • Read the appropriate FAQ section or EZmoney processing FAQs for details on these free services.

In April of 2003 myracebet.com implemented a system for charging credit card transfers. The processing fees are 3.98%. There are no fees associated to the EZmoney system and it is free to set up. Cash advance services are available by calling our customer service department, but are subject to a Global Cash Access fee of 4.5%.

Are there any age restrictions on the MyRaceBet.com system?

Yes. Only U.S. residents 18 years of age or older may become members. The following states have higher age requirements.

Alabama - 19 Minimum Age
Arizona - 21 Minimum Age
New Hampshire - 21 Minimum Age
Washington - 21 Minimum Age.

I Receive An Error, "Video Access Restricted"?

In order to maintain the highest video standards for active customers, new minimum wagering requirements were implemented on September 3, 2004 for watching live racing. The new policy is also liberal enough to give new customers an opportunity to explore the system. Customers who meet minimum requirements will continue to have unrestricted access to live racing video, the minimum requirements are:

  • $50 wagered during the last 5 days of access to the video.
  • or $50 wagered during the previous 5 calendar days.
  • or $100 wagered during the previous 30 calendar days.
  • or $600 wagered during the previous 90 calendar days.
  • or $5,000 wagered during the previous 360 calendar days.

Players who meet the minimum requirements will not see any changes. For occasional visitors who do not meet the minimum requirements, a notice will appear with instructions to restore viewing privileges.