Freehold Raceway is the premium and nation’s best horse racing tract in all of the United States. It’s located in New Jersey state and was established in 1853.
The state of New Jersey officially allowed Freehold Raceway for sports betting in 1941, and since then Freehold Raceway has been open to sports betting on horse racing.
Recently in 2020, Freehold Raceway also developed its own Sportsbook in which players could bet on multiple sports like racing, baseball, basketball, and many more and also at the comfort of their homes.
In this article, we will talk about the history of Freehold Raceway, its Sportsbook, betting types, licensing, sports to bet on, odds, and its mobile app.
History of Freehold Raceway and its Betting Journey
Freehold Raceway is a horse racing track developed in 1853, in a town of New Jersey called “Freehold” That’s why called a Freehold Raceway.
Horse racing has been a common sport in that town since 1830 and later on, a horse racing track was developed for it.
In 1941, sports betting on all horse racing was made legal by the officials of New Jersey.
After that in 2020, Freehold Raceway developed their own Sportsbook for gamblers to bet at the ease of their homes and made them able to bet on almost every sport streamed and played in the United States.
Freehold Raceway Sports Betting Partner
Freehold Raceway was bought by Penn National and Greenwood in 1999 for a combined $46 million through their partnership company, Pennwood Racing.
After more than two decades, Penn National is now among the biggest operators of regional casinos in the United States, boasting gaming establishments across 19 states.
The parent business of Parx Casino, located outside of Philadelphia, is Greenwood. In terms of sports betting, Penn National is affiliated with The Stars Group, DraftKings, and PointsBet.
Parx uses a fully functional third-party sports betting platform from GAN, one of its technology suppliers.
Pennwood has not said whose business it may partner with to offer sports betting at Freehold. In New Jersey, DraftKings, PointsBet, and Stars are already up and running.
General Features of Freehold Raceway Sports Betting
Some of the general features of Freehold Raceway sports betting are given below.
- Live Racing
- Simulcasting the whole week
- Group parties with catering availability
- Renaissance Room
- Television with zoom-in and out feature at every table for gamblers to view the horse race at events.
- Free admission throughout the week
- Parking is free for everyone
- Valet parking is not available
- The minimum age to play is 21.
Basic Features of Freehold Raceway Sports Betting
Some of the basic features of Freehold Raceway sports betting are given below.
- Official Website: http://www.freeholdraceway.com/
- Address: 130 Park Ave, Freehold, NJ 07728, United States
- Race Track Opened: 1853
- Sportsbook developed in: 2020
- Owned by: Penn Entertainment and Greenwood Racing
- Phone: +1 732-462-3800Method
- Google Rating: 4.1 Star
- Mobile Betting: Yes (Sportsbook)
- Betting Types: 10
- Betting Age: 21
- Hotel: No
- Casino Attached: No
- Payment Method: Debit Card, Credit Card, NFC mobile payments
Types of Racing at Freehold Raceway
Two types of horse racing are carried out at Freehold Raceway.
Standardbred harness racing:
Standardbred harness racing is live and is for trotters and pacers. Freehold Raceway also offers live horse racing for gamblers to gamble and takes place for 9 months only from August to May.
Thoroughbred harness racing:
Thoroughbred harness racing, it is open for players 7 days a week and 7 nights a year.
Betting Types and Guides at Freehold Raceway Sports Betting
There are a total of 10 types of betting that can be made at horse racing events. These type’s names and details are given below.
1. Win:
Your horse must get first place. You will collect your WIN prize if your horse finishes first in the race.
2. Place:
Your horse must finish the race in either first or second position. You will collect your PLACE prize only if your horse gets either of these positions.
3. Show:
Your horse must get either first, second, or third place. You will collect your SHOW prize if your horse finishes first, second, or third in the race.
4. Exacta:
In this betting type, you bet on two horses. One of them should finish the race at first position and the second horse should finish the race in second position in the exact same order.
5. Exacta Box:
This is the variation on Exacta. In this betting type, you bet on two horses. One of them should finish the race in first position and the second horse should finish the race in second position. Order is not defined in this category.
6. Trifecta:
In this category, you play with three horses, and all of them should get first, second, and third position in the same order.
7. Trifecta Key:
This category is similar to Trifecta but there is a twist. You play with three horses and all of them have to get first, second, and third position. But, only the first position should be defined as which horse will win. The second and third positions of the race win can be gained in any order. It costs double than Trifecta.
8. Trifecta Box:
This is one of the variations of Trifecta. In this category, you play with three horses and all of them should get first, second, and third position in any order.
9. Superfecta:
In this betting type, you bet on four horses. All of them should get first, second, third, and fourth positions in the same order.
10. Superfecta Box:
A betting type quite the opposite of Superfecta. In this betting type, you bet on four horses. All of them should get the first, second, third, and fourth positions. Order is not defined for any position.
Licensing of Freehold Raceway Sports Betting
Freehold Raceway Sports Betting is regulated and licensed by the New Jersey Racing Commission (NJRC) which regulates all horse racing tracks in New Jersey for both standardbred and thoroughbred horse racing. Sports betting on this is completely legal and safe.
Major Freehold Raceway Sports Betting Events
| Event Name | Category | Prize |
| The Dextor Cup | Colts and Geldings | 130,000 $ |
| The Lady Suffolk | Three-year-old fillies | 750,000 $ |
| The Garden State | Three-year-olds (Colt, gelding trotters, filly trotters) | 50,000 $ |
| The Renaissance | Two-year-old Colts | 50,000 $ |
Freehold Raceway Sports Betting Experience
Onsite Sportsbook:
Freehold Raceway has introduced onsite sportsbooks, allowing patrons to place bets on a variety of sports, including horse racing.
The sportsbook typically offers a range of betting options, from straight bets to more complex wagers.
Online Sports Betting Platforms:
With the expansion of online sports betting in New Jersey, Freehold Raceway has partnered with online platforms to provide a convenient and accessible way for enthusiasts to place bets.
Users can enjoy the excitement of betting from the comfort of their homes through these platforms.
Diverse Betting Markets:
Freehold Raceway sports betting covers a diverse range of markets. While horse racing remains a focal point, patrons can also explore bets on other sports events, creating a comprehensive betting experience.
Promotions and Bonuses:
To enhance the betting experience, Freehold Raceway sports betting platforms often offer promotions, bonuses, and special offers.
These incentives add an extra layer of excitement for both seasoned bettors and newcomers.
What to Expect at Freehold Raceway Sports Betting
Live Horse Racing Events:
Freehold Raceway continues to host live horse racing events, providing a thrilling atmosphere for on-site bettors.
The integration of sports betting adds an extra dimension to the excitement of witnessing these majestic animals in action.
Community and Social Experience:
Freehold Raceway is not just a betting venue; it’s a community hub. Sports betting enthusiasts can engage with fellow fans, share insights, and immerse themselves in the social aspect of the raceway experience.
State-of-the-Art Facilities:
The raceway has invested in modern facilities to enhance the overall experience for visitors. From upgraded viewing areas to cutting-edge technology for placing bets, Freehold Raceway strives to provide a world-class environment for sports enthusiasts.
Conclusion
Freehold Raceway’s integration of sports betting aligns with the evolving landscape of wagering in the United States.
For both horse racing aficionados and sports bettors, the raceway offers a comprehensive and dynamic experience.
As Freehold Raceway continues to embrace the synergy between horse racing and sports betting, patrons can anticipate a thrilling and immersive environment that combines tradition with innovation, making every visit to the raceway an unforgettable experience.
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