Disclaimer: DK Horse is not yet live. This preview is speculative based on what is known so far and will be updated when the DK Horse racebook launches.
In November 2022, Churchill Downs Inc. announced it was expanding its TwinSpires portfolio, agreeing to bring a horse racing platform under the DraftKings umbrella. This was Churchill Downs’ second deal with a major sports betting platform, the first being with FanDuel in September 2022.
DraftKings later confirmed the partnership, indicating the project would be dubbed “DK Horse,” a horse racing betting app. It could launch in more than 20 markets by the 2023 Kentucky Derby in May.
The guide below will relay everything we know about DK Horse, including offers, rewards programs, software overview and more.
- Bonus & promo code: none needed
- DK Horse betting app: available for iOS and Android devices
- Available races at DK Horse: still to be determined
- Live streaming and results: for select tracks and races
- Deposit and withdrawal methods: full details below
DK Horse Racebook rewards program
DK Horse will use the DK Crowns rewards program. This program also covers daily fantasy sports, sports betting and online casino play.
You earn DK Crowns as you wager money on the platform. You can convert the Crowns into DK Dollars. The conversion rate is $1 in bonus cash for every 550 Crowns.
Promotions and contests at DK Horse
The promotions and contests for DK Horse are not yet known, but DraftKings typically offers new players a 20% deposit bonus worth up to $1,000. To receive your DK Horse bonus funds, you must wager $25 in cash to redeem $1 in bonus funds. Something similar could apply at DK Horse.
When the DK Horse welcome bonus and ongoing promotions are revealed, we’ll break them down for you.
DK Horse betting software
The software for DK Horse is not yet available, and no details have been released at the time of this writing. Based on the DraftKings Sportsbook, DraftKings Fantasy and DraftKings Casino products, we expect DK Horse to work exceptionally well on desktop and mobile. We also anticipate the DK HORSE app will be available for both iOS and Android devices.
Navigating the menu system
As mentioned, no details have been confirmed about the mobile app, so it’s difficult to speculate regarding its appearance or operation.
In looking at the sportsbook app, there’s an account icon in the upper left-hand corner of the app that you can click on to open a menu. This menu has links to withdraw funds and information about the rewards program and help center.
There’s also a menu along the bottom of the app that links back to the homepage, sports and promotions. It wouldn’t be surprising to see something similar at DK Horse.
Watch DK Horse live streaming
Thanks to DK Horse’s partnership with Churchill Downs, it’s safe to assume this betting platform will offer live streaming of select races and tracks. However, we cannot confirm that yet. We will update this section as we learn more about DraftKings’ ability to stream live horse races.
Available races at DK Horse Racebook
In partnership with Churchill Downs Inc., DK Horse will offer races from across the globe as well as prominent US-based races, including:
- Del Mar Racing
- Belmont Park
- Churchill Downs Racetrack
- Preakness Stakes
- Gulfstream Park
- Monmouth Park Racetrack
- Kentucky Derby
- Saratoga Race Course
- Santa Anita Park
It’s reasonable to expect more than 150 races.
Bet types at DK Horse
At DK Horse, you’ll participate in pari-mutuel wagers. Pari-mutuel wagers lead to a resulting pool of funds that are then distributed to winners. The types of bets include the following:
- Win: The horse you bet on finishes in first place.
- Place: Your horse finishes in first or second place.
- Show: The horse you bet on finishes in first, second or third place.
- Exacta: You pick the exact horses to finish first and second place.
- Quinella: You pick the horses that finished first and second place, regardless of order.
- Trifecta: You pick the top three finishers exactly.
- Superfecta: You pick the top four finishers in the exact order.
- Daily Double: Pick the winners of two races in a day.
- Pick 3/4/5/6/7/8: Pick the winners of however many consecutive races, up to eight of them.
Other betting markets at DK Horse
While DK Horse offers horse racing betting exclusively, DraftKings offers you three other types of online gaming—daily fantasy sports, sports betting and online casino play. Let’s briefly break down those offerings.
- DFS: Build a daily lineup in your chosen sport while staying under the salary cap. You can compete in various contests for a buy-in price and a chance to win money based on how your lineup performs.
- Sports betting: Available in 21 states and jurisdictions, you can bet on numerous sports at DraftKings Sportsbook, including the NFL, MLB, NBA, NHL and even more niche sports like darts, cricket and cycling.
- Online Casino: Available in five states, DraftKings Casino offers approximately 1,000 games (varying slightly based on your state). These include classics like slots, blackjack, roulette and baccarat, plus modern games like live dealer, Slingo, virtual sports and more.
Statistics and form database
It’s reasonable to assume that DK Horse will offer some form of racing statistics to help bettors make more educated wagers. The question is what exactly will the DK Horse betting platform offer? Will it be included with standard accounts or cost money to access?
When we have answers to these questions, we will update this page.
How to deposit and withdraw at DK Horse
At DK Horse, you can choose from the following deposit and withdrawal methods:
Deposit Methods
- Debit Card: Visa, Discover, MasterCard
- Online Banking: Log into your bank account from the deposit page.
- PayPal: A third-party e-wallet service that you can use to fund your account with your PayPal balance or via a linked bank account.
- VIP Preferred: After opting into this program with your bank account, you can make swift transactions.
- Play+ Card: You’ll receive a card from DK Horse that you can fund online and withdraw at ATMs.
- Wire Transfer: Perform during banking hours; high minimum deposit.
- DraftKings gift card: Purchase from participating retailers.
- PayNearMe: An in-person cash transaction that you’ll begin online by retrieving a barcode. You must bring this barcode to 7-Eleven, CVS or Family Dollar.
- Venmo: an e-wallet similar to PayPal
Withdrawal methods
At DK Horse, withdrawals are processed during banking hours. You should receive your funds the same day, with a check by mail being the only exception.
- Debit card
- Online banking
- PayPal
- VIP Preferred
- Play+ Card
- Wire transfer
- Venmo
- Check by mail
Who can legally bet at DK Horse?
Once DK Horse race betting launches, it will need to be legalized on a state-by-state basis. Depending on the state, you’ll need to be at least 21 years of age or, in some cases, 18 or older to register and bet. We’ll update this page when legal states and their age restrictions are announced.
Reasons to choose DK Horse
If you’re looking for a new horse racing betting platform backed by two juggernauts in the industry—Churchill Downs Inc. and DraftKings—DK Horse is the place for you. Here, you can expect a top-notch, lag-free mobile app that’s easy to navigate and numerous bonuses and promotions to make betting at more than 150 tracks all the more enjoyable. Be prepared for DK Horse to become your new favorite way to bet on horse racing.