Two thoroughbred race tracks operate in Florida and host some of the nation’s more notable events, including the Pegasus World Cup and Florida Derby. More importantly, established horse racing betting sites have long-term reputations and are financially stable. Although major operators like TVG and TwinSpires don’t have licenses in Florida, they hold ADW licenses in multiple other states and have access to pari-mutuel pools nationwide.īettingUSA advises readers to use high-profile online racebooks because they tend to provide the best handicapping features, frequent promotions, and comprehensive track coverage.
However, established ADWs licensed in other states to offer online horse racing betting are also active in Florida. Lawmakers are reluctant to pass legislation explicitly legalizing and regulating online horse racing betting because of the impacts it would have on the state’s gaming compacts with the Seminole Tribe. Advance deposit wagering is tolerated but not regulated in Florida.
