Kentucky is one of the biggest states for horse race betting in the U.S., and not just during the Kentucky Derby. Keeping up with New York and California in terms of betting pool amounts despite a much smaller population, with off-track betting (typically shortened to OTB) as one of the main ways of keeping up with competitors.
In this piece, we’ll explain how off-track betting works, where in Kentucky and the surrounding area you can find off-track betting sites, and offer some advice when making OTB wagers.
What is off-track betting?
Off-track betting is a term that refers to all betting activity that takes place away from the race track. This typically includes betting on simulcast races that are held at other tracks around the world, but it can also include wagering on historical horse racing (HHR) machines that run replays of past races.
Parlors offering off-track betting historically haven’t been allowed to operate within 60 miles of a racetrack. In some states, OTB locations have partnered with sports gambling operators to house a bookmaking service as a way of supplementing the fees taken as a percentage of OTB gambling winnings to generate revenue.
Are there any off-track betting locations in Kentucky?
No, there are no standalone off-track betting locations in Kentucky. OTB facility operations shut down in the state in 2013 following several years of decline in betting handle at the facilities, as well as gamblers preferring to place their wagers at the track or online. Online racebooks have cut into revenue as well, though they have helped grow the Kentucky horse race betting industry as a whole by increasing gambler accessibility.
However, you can sometimes find simulcast racing offered at racetracks as a form of off-track betting, carrying races that aren’t run at that same track. For example, if you’re wagering in person at Churchill Downs, you may be able to place a bet on a horse race in a different part of the country or an international race.
Tips if off-track betting locations reopen in Kentucky
If off-track betting locations reopen in Kentucky, we recommend you consider the following tips to help enhance your profitability or limit your losses.