VIPSports Horse Betting Racing Rules

VIPSports sportsbook software system will allow a gambler to place a horse racing bet before the scheduled post time. The time left to wager on each race is made available on the website. Any tickets placed after this time will be void.

• When placing wagers on a horse they will generally be identified by name not the number.
• Payouts may vary according to horse betting type and track. In most cases full track odds are paid with a maximum payoff. There is no maximum payoff for Win, Place and Show, which will be paid out at track odds. Exotics will have a maximum payoff.
• In the event there is a horse racing bet made with no track results or payout information posted, the wager will be refunded to your sportsbook account. An example of this would be, 1) scratch horses reducing the number of entries, 2) no payout results (the race did not run).
• Tickets cannot be graded until the official results have been posted. Funds will be credited to your sportsbook account usually within 10 to 15 minutes after the official results have been posted.
• VIPSports does not offer Consolation Payouts because we do not belong to the Pari-Mutuel pool. We do not have pool money that must be returned to the bettors.
• A horse is scratched when it is listed as an entry but does not run in the race. A horse may be scratched early in the day or minutes before the start of the race.