Horse races have long been a staple betting event for avid gambling in Armenia, and the country’s long history of hosting these races is largely responsible for its immense popularity. Here are the top online horse racing betting sites that we have tested and reviewed after comparing them to others in the industry.
Is Horse Racing Betting Legal in Armenia?
In 2003, the country made gambling legal, opening the doors for licensed bookmakers in Armenia to run casinos, lotteries, and sportsbooks. Strange as it may seem, horse racing was the first and most widely bet-upon form of gambling at the time.
| 🏟 First Introduced | 1600s (offline); early 2000s (online) |
| 🏢 Overseeing Organization | Ministry of Finance, Armenia |
| 🔝 Bookmaker Coverage | Yes |
| 🥇 Popular Players | Tony McCoy, Mike E. Smith |
| 🏆 World Championship | Breeders’ Cup Classic |
| ⭐️ Last Champions | White Abarrio |
How to Bet on Horse Racing Online
Below, we’ll go into more detail about horse racing betting and the steps to get started for those who are new to the activity:
- Master the Racing Calendarstep 1
Get a head start by learning the dates and times of the most significant horse racing events of the season.
- Explore Wager Options Before Signing Upstep 2
Familiarize yourself with the different markets or kinds of bets offered by horse racing betting sites before you sign up.
- Join a Reputable Sportsbookstep 3
Register with a reliable and legal sportsbook and fund your betting account.
- Place you Live Wageringstep 4
Place wagers on the horse racing event you’re interested in, monitor it and improvise in real time.
Top 3 Horse Racing Betting Sites in Armenia
Qualities like reputation, user experience, market diversity, and promotional deals are crucial when determining the top horse racing betting sites. Armenian gamblers consider the following three to be the best online horse betting sites:
FonBet

The user-friendly interface, live streaming, and favorable odds offered by FonBet make it famous for its vast coverage of horse racing betting globally. Win, place, and exotic bets are just some of the betting options offered by the site.
- Doccasional technical issues.
- Live streaming.
- Site is not optimized for non-Russian speakers.
BetBoom

One of the best-known horse racing betting sites, BetBoom gives punters a one-of-a-kind opportunity to back and lay wagers. A variety of horse racing markets and pre-match wagers are available on BetBoom, in addition to the usual contenders. Because of its cutting-edge features and attractive odds, the site is favored by many horse racing bettors.
- Sort races by country;
- 25+ markets.
- No live streaming.
VBet

Horse racing fans frequently turn to VBet because of the company’s stellar reputation in the horse racing betting on line market. An extensive variety of betting markets, uninterrupted streaming, and worldwide race coverage are all available on the site. VBet also has promos that are exclusive to sporting events, like better odds and bonuses.
- Daily races;
- Interactive mobile app.
- Not many horse racing bonuses.
Most Popular Horse Racing Betting Markets
Among the several horse betting markets available on different races, the following are the most prevalent:
- Win: Bet on only one horse to take home a victory.
- Place: Wager on a single horse’s finish position among all the competitors.
- Show: Betting on whether your horse will finish first, second, or third.
- Each Way: Bet on both the winner and the place.
- Exacta: Predict which two horses will cross the finish line first and second, in the exact order.
- Trifecta: You can win a trifecta by wagering on the correct sequence of the first-, second-, and third-place horses.
- Placepot: Refers to wagers placed on horses to finish in the first six races.
- Jackpot: Choose the winner from six different races to win the jackpot.
Online Betting and Real-Time Odds

Online horse racing betting sites provide horse racing fans with a live, interactive experience, matching the odds shown on the track in real time. These odds capture the ebb and flow of the rivalry as the race proceeds, always changing. As a result of each horse’s performance in the race, bettors can watch the odds change. Every session of horse racing sports betting becomes much more exciting and engaging with the addition of this real-time information, which lets punters make sound judgments and adapt their strategies.
FAQ. Frequently Asked Questions
💡 Which bet pays the most in horse racing betting?
Look into getting a QUARTET or TRIFECTA. Although it’s more challenging to win the Quartet, which includes the first four horses past the post, the payout is larger.
💡 What is the safest horse bet?
Straight bets are the easiest and safest. These entail betting that your horse will win, place, or show.
💡 What is a 5-horse bet?
The Pick 5 bet rewards you if you correctly predict the winners of five consecutive horse races. Not all tracks offer this type of bet.
💡 Should I bet on every horse?
Bad idea. You win only if the winning horse pays 8–1 or more. You can place bets on all racing horses; however, you’ll lose money over time.