Although the horse racing betting business in Michigan is small in comparison to other US states, bettors in the state have no shortage of betting alternatives. The tradition of pari-mutuel wagering in Michigan dates back many decades. There have been less than a dozen different horse tracks.
The only place to watch live racing, as well as a complete schedule of regular simulcast races from around the nation, is Northville Downs Race Track, which hosts harness racing. So, this article will explore every detail related to Horse Betting Michigan. Continue reading to learn more.
Is online horse betting legal in Michigan?
Yes. In the last days of 2019, Michigan passed HB 4310 to modify the Horse Racing Law of 1995, making it lawful to wager on horse races online. Following this, some of the top U.S. operators of online pari-mutuel betting, also known as advance deposit wagering (ADW), started accepting accounts from customers in Michigan and bets from those customers. Bets may be placed via the Internet on horse races held at racetracks located all over the globe.
Horse racing in Michigan is under the Michigan Gaming Control Board (MGCB), which is the state's primary regulating agency. In addition to other responsibilities, the MGCB is responsible for awarding licenses to tracks and ADWs, collecting tax income, and supervising the operation of parimutuel gambling in Michigan.
Types of horse race bets in MI
It is important to have a basic understanding of the type of wagers available in horse betting. So, in this section, we discuss some of the most famous types of wagers used in online horse race betting.