Welcome to our horse racing rules section. Be sure to read the information below to avoid and problems with payouts, limits, bets, post times, scratches and more.

If you still have questions after reviewing this page contact us, our experienced staff will be glad to assist you.

Gamblers Palace Racebook gives an introductory of how to bet on horse racing. Throughout the introductory there will be definitions of important horse betting rules. The main object of betting on horses is to beat the 'Oddsmakers' or the 'Odds Compilers' and win some extra spending money. Additionally, placing a bet on your favorite horse racing event makes it a lot more exciting and more enjoyable.

Post times

Post times may vary on every track. We encourage our players to get their bets in at least 10 minutes to post time to avoid any problems. Post times at the track may vary from up to 5 minutes from the post time listed on our horse racing software. Post times at the track are what we use to deter main the actual post times.

Management reserves the right to void all tickets and payouts if they come in after the actual tracks post time. Your bet ticket will be refunded and put back in your account once the race is graded. Be sure to get them in 10 minutes early.

Horse bet tickets

Once you build and confirm your horse bet tickets they are final. We cannot cancel confirmed bets. We do not honor tickets that are unsuccessfully entered. Be sure to confirm your wager after your ticket is built. Be sure to check your pending wagers section to view all your bets.

Scratches

Scratches mean that a horse will not run in the race for whatever reason. A horse can be scratched just before the race. If the horse you bet on was scratched all Win, place, and show wagers will be refunded. If you bet an exacta, trifecta, superfecta, qinella or any other exotic wager a portion of your bets will be refunded.

Daily Doubles; if your horse is scratched before the 2nd leg of the daily double, a consolation will be paid on that combo, as specified by the track payouts.

Grading horse race bets

Horse betting tickets normally will be graded within minutes after the official results have been posted.

In the event there is a horse bet made with no track results or payout information posted by the track, the wager will be refunded. An example of this would be, 1) scratch horses reducing the number of entries, 2) no payout results (the race did not run).

Gamblers Palace Racebook Betting does not offer Consolation Payouts because we do not belong to the Pari-Mutuel pool. We do not have pool money that can be returned to the bettors. In the event the tracks posts a payout that includes wildcards, like ALL or 1/3, only the true race winners will be considered winners for grading.

There is a limit on how much an individual player can win from a single race. This limit amount varies by track group as shown on the wager limits page. For multi-race tickets (daily double and picks) the full win amount is applied to the final race. When the single race limit is reached, the race ticket(s) itself will show the full win amount and an account correction will be made to bring winnings down to the limit.

Limits & Payouts

Catagory A tracks limits and payouts

Catagory B, C, D, & E limits and payouts

Triple Crown Horse Betting Information Below

The Kentucky derby is the first leg of the triple crown

Catch all the excitement online with Gamblerspalace.com, we are the one stop shop for the racing worlds biggest event. Visit our kentucky derby page to get updated betting odds, leading contenders, past winners, Kentucky Derby history, race entries, live horse race results, betting tips and much more. Learn about the run for the roses and the visa triple crown challenge. More Kentucky derby horse race information.

The Preakness stakes is the second shortest race of the triple crown

Looking for Preakness Stakes odds? You came to the right place. Get horse betting tips, race entries, past race history, and this years Preakness Stakes contenders along with the latest information for this years Preakness Stakes at Pimlico race course. More Preakness Stakes horse race information.

The Belmont Stakes is the final and most demanding of all the triple crown races.

Find all you need to know about this years Belmont Stakes. Get horse racing picks, horse racing tips, race selections, race analysis, Belmont Stakes official race entries, past performance, possible race contenders, recent winners, and past results. The Belmont Stakes should be the most competative race out of all the Triple crown events this year. More Belmont Stakes horse race information.

Gamblers Palace Racebook keeps you informed with latest Triple Crown horse betting information, horse race betting odds and horse race track information, past triple Crown race results and payouts, recent winners, possible race contenders, official race entries, and horse racing tips.