TVG.com is a racing betting website that offers legal real money betting on horse races to residents of the United States. Unlike the many offshore gambling sites you see mentioned on the internet, TVG is licensed, regulated and headquartered right here in the USA.
TVG is a legitimate racing betting website headquartered right here in the United States. With a history dating back to 1993, TVG.com is one of the more experienced horse racing brands on the internet.
- Excellent U.S. track coverage
- Pays at full track odds
- Trusted name in online betting
- Licensed and headquartered in the USA
- Could cover more international tracks
- Not available in all US states
An account with TVG.com will give you access to 150 tracks across the US and a few from other parts of the world. Every day, you can select from races taking place around the world and place all the same bets that you could place if you were actually there. In fact, you get full track odds on every bet you place online because your wagers are combined with the bets placed by everyone present at the track.
You’ll also be able to take advantage of a suite of handicapping tools, news updates and commentary from the pros. This is all stuff that you can use to get a leg-up over the competition. In some ways, it’s better to bet online than it is to do it in person. You miss out on the thrill of seeing your horses run in person, but you have access to so much more information that you can use to get an advantage.
I have a decent amount of experience with the site and decided to write this TVG review to share that experience with you. I’m a fan of the site so far, but I’ll keep this review as unbiased as possible.
TVG.com is the online horse betting property of the Television Games Network. If you haven’t heard the name, TVG is a betting service and television channel devoted full-time to horse racing. They show live horse races, commentary and behind-the-scenes access to anything and everything related to the industry.
They have been involved in horse racing betting since 1993 and are now licensed to offer their services online and over the phone in 30 US states. TVG was acquired in 2009 by Betfair. Betfair is another well-respected betting company based out of the UK and traded on the London Stock Exchange.
Today, TVG and TVG.com work in synergy to show live races on TV and offer wagering on hundreds of tracks around the world. Members can bet on horse races online, over the phone and with box-top sets in some states.
Welcome Offer: Bet $200, Get $200
TVG offers a welcome bonus in which you can sign up for an account, place your first wagers and get up to $200 extra in return. For example, if you sign up and place $200 worth of wagers, TVG will give you an extra $200 on top of that for use on upcoming races.
What It’s Like Betting at TVG.com
You’ll find it pretty easy to get everything up and running. TVG requires you to open an account before you can even view the available wagering options, so that’s the first step. They will want to know your name, address and all the normal information that a site asks for when you sign up.
They do ask for your social security number which you may find off-putting. Just know this is a requirement of the IRS and licensing commission to ensure that you pay your taxes and are located in one of the site’s accepted states (more than that below). TVG is a legitimate betting site so don’t worry; they’ll keep your information private.
Once you get that out of the way, you’ll be free to browse the tracks, today’s races and the full lineup of handicapping information. You can browse the full track list or click on “upcoming races” to see a quick list of everything they have open. Choose a track or individual list and the website will show you all the betting options for that event.
The betting options shown on the website correspond to every available wager at that track. Every open bet that you see online corresponds to an actual bet at the track. This includes everything from standard win/place/show bets to the most exotic exotics. You can key your bets, box them and get as in-depth as you want.
I alluded to this earlier, but here it is again. All wagers placed online are combined with the bets placed in person at the track. This is a major advantage over offshore sites because it leads to bigger payouts for everyone, larger purses for the racing teams and more financial support for the local track. As you may know, many racetracks around the country have hit hard times in recent years. If you lose, you can always take comfort knowing that you’re doing your part to keep this longstanding industry alive.
Anyways, you place your bet by selecting the track, narrowing it down to a specific race and then making your selections online. The TVG wagering interface looks a lot like the betting slip you would use at any racetrack. The only difference is you use your mouse and keyboard to make your selections.
Bets are deducted from your account instantly and winnings are paid out at the end of the race. There are no restrictions on how much or how often you can bet other than what each track imposes. TVG itself accepts wagers from $1.00 to $10,000 but some of the smaller tracks have lower limits.
What I found really fun was being able to watch the races in real time on my computer. TVG doesn’t just show races on its specialty TV channel – they also stream the events live online. It’s absolutely free to watch your horses race. All you need is an account.
TVG has a mobile-friendly website as well as an iPhone app available for free in the iTunes store. If you have an Android or any other non-Apple device, you can point the browser to TVG.com and you’ll get the mobile-friendly version of the website. There, you can log in, place bets and monitor your races.
If you have an iPhone, the mobile app is definitely the way to go. It comes with more features than the mobile website and can even serve live video on your phone. It’s also just easier to navigate and place bets with the actual app as opposed to the mobile website.
You can fund your betting account with a number of deposit methods. Some of these are free while others come with small fees. Here’s a quick overview of each.
Credit or Debit Card: This is the easiest deposit method for most people. If you’ve ever purchased anything online, you already know the process. Type in your credit card information, tell them how much you want to deposit and the money is credited to your account instantly.
You can deposit up to $5,000 a month with any VISA or MasterCard. You may also increase your limits by printing, filling out and returning this form. This will bump up your deposit limits to $25,000 per day and $100,000 per month.
BetCash: This is basically just an eCheck or electronic transfer of funds. Log in to the cashier, choose “BetCash” and then type in your banking information. You can deposit up to $2,000 with this method but there are no limits on the number of deposits that you can make per month.
This method is great because it’s fast and free, but the downside is you’ll need to print and return this form to TVG along with a voided check. You only have to do that once.
Online Bill Pay: If your bank has an online bill pay feature, you can use that to fund your TVG account. Log in to your bill pay service and add the following information to your payment list.
PO Box 22113
Tulsa, OK 74121
Wire Transfer: This is the best method for very large deposits. It’s free if you deposit more than $1,000 and $15 if your deposit is less than $1,000. There is no maximum limit on how much you may deposit with this method. Fill out this form and take it to your bank to initiate your deposit.
Check or Money Order: Checks and money orders can be sent to the address listed inside the cashier’s area after choosing this as your deposit method. TVG asks that you write your account number on the memo line when sending a check via mail.
Cash at the Track: TVG also accepts in-person cash deposits at the following tracks.
- California: Los Alamitos
- Illinois: Fairmount Park
- Iowa: Prairie Meadows
- Kentucky: Keeneland Race Course
- Massachusetts: Suffolk Downs
- New Jersey: Meadowlands, Monmouth Park
- Washington: Emerald Park
Accepted and Restricted States
Horse racing websites are required to get authorization from each state in which they would like to offer their services. State laws vary so not all states are accepted by all sites. This chart shows the list of sites that TVG DOES accept. If your state is not on this list, you’ll need to try a different racing site.
|Montana||New Hampshire||New Jersey|
|New Mexico||New York||North Dakota|
|Rhode Island||South Dakota||Tennessee|
And below is a list of states that TVG DOES NOT accept. If your state appears on the list below, it means you cannot play at TVG.
TVG.com has always treated me well and it has a positive reputation among other customers. The website is operated by a solid group of professionals who have decades of experience. This is what you would expect from the company that operates America’s only national horse racing channel.
I like how TVG offers a fair game and pays full track odds. What I don’t like is TVG’s extreme focus on horse racing. Yes, I know that’s their business model but some other sites are starting to get into new things such as daily fantasy sports. TVG is great for online horse racing betting, but not so much for a wide variety of non-racing options.