Terms and Conditions

Effective Date: September 1, 2025

WELCOME TO NYRABETS! Following are the Terms and Conditions for use of this website.

NYRABets is a platform owned by The New York Racing Association, Inc. Your access to and use of NYRABets and its account wagering services is subject to the following terms and conditions and all applicable local, State and Federal and International laws and regulations. By accessing the website, you (“you” or “User”) accept, without limitation or qualification, these Terms and Conditions.

This service has been approved by multiple regulatory authorities. For New York residents, this service is managed by The New York Racing Association, Inc. under its New York State Gaming Commission license. For those who reside outside of the State of New York, this service is managed by NYRAbets, LLC under its Oregon Racing Commission Multi-Jurisdictional Simulcasting and Interactive Wagering Totalizator Hub license.

We reserve the right to make changes to our website and these Terms and Conditions at any time, which changes will become effective upon the Effective Date set forth at the top of this website. It is your responsibility to check the website periodically for changes to these Terms and Conditions.

1. Your Use of the NYRABets Website

Please read these Terms and Conditions thoroughly and with great care and attention. Your use of this site indicates your agreement with these Terms and Conditions and any amendments thereto.

2. User Account

To establish and/or maintain a wagering account, you must meet the following requirements (collectively, the “Basic Requirements”):

Be at least 18 years of age (21 in AL, ID, NE, ND, NM, IA, IN, KS, MI, OK and WA);
Be a natural person;
Be a citizen of the United States or a resident alien; and
Reside in a jurisdiction where pari-mutuel wagering is lawful.

In order to establish an account, you must provide to NYRABets the following information: full legal name; date of birth with proper identification; principal residence address (no P.O. Box); telephone number; Social Security Number; and any additional information that NYRABets and their affiliates requests to verify your identity.

An individual may have only one account at a time. NYRABets reserves the right to (i) deny the establishment of an account for any reason, and (ii) close an account for any reason. Accounts inactive for thirty-six (36) months will be closed.

Your account is for your personal, private use only. You will not allow a person other than you to use your account and bear full responsibility for maintaining the confidentiality of your account, including, without limitation, account PINs and passwords.

3. Funding Your Account

Debit and Credit Card Funding Online

You can fund your NYRABets account using your credit card or debit card as a cash advance online, up to the allowable limits. Online credit card deposits are subject to a $5 convenience fee per transaction. The Online Credit Card and Debit Card Funding daily limit is $1,000 maximum in one day and in any single transaction. All funding deposits made by credit card must be at least $25 per transaction.

Express Funding

If you qualify, you can use our Express Funding option to instantly fund your NYRABets account by either electronic funds transfer or physical check from your personal checking account. An account holder’s first Express Funding deposit is limited up to a maximum of $200. Following successful clearance, the Express Funding daily limit shall be $500 maximum in one day, subject to an aggregate limit of $1,000 over any rolling seven (7) calendar day period.

ACH Funding

If you do not qualify for Express Funding, you can fund your NYRABets account using your personal checking account with electronic funds transfer (ACH). You may register no more than one (1) personal checking account for this service at any time. Upon your deposit request confirmation, your account will be credited after a four (4) business day waiting period.

4. Wagering

You may access your account through our website or through a live operator by calling 1-844-NYRA-BET (1-844-697-2238). By placing wagers on or via the NYRABets website, you acknowledge that states and localities have their own respective laws, codes and regulations governing, regulating or prohibiting the offering of gaming services (collectively, “Local Laws”). NYRABets is not responsible for your compliance with Local Laws.

Proceeds from a successful wager will be credited to your NYRABets account as soon as each race is rendered official. Requested wagers that are unsuccessful, ineffective or not permissible for any reason will be canceled and the full wagered amount will be refunded to your account. NYRABets reserves the right to refuse any wagering transaction for any reason.

5. Withdrawals

Withdrawal requests will be processed within five (5) business days after receipt of the withdrawal request and are subject to standard banking restrictions. You will be permitted to withdraw funds to your personal checking account with electronic funds transfer if you have made at least one cleared deposit using the same personal checking account.

6. Interest, Fees, and Collection Efforts

NYRABets account balances accrue no interest. In the event there are unpaid fees and charges to your account, NYRABets reserves the right to disable your account until your unpaid fees and charges are paid. Accounts will be deemed inactive if there is no wagering activity for six (6) consecutive months.

7. Illinois Surcharge

Illinois law requires all ADW providers licensed in the State to impose a surcharge amounting to 0.38% (0.0038) on winning wagers and winnings from wagers placed by Illinois residents, which must be deducted from winnings prior to payout.

8. Tax Reporting and Withholding

By law, any wager which results in proceeds of $600.00 or more must be reported to the Internal Revenue Service (IRS), if the amount of such proceeds is at least 300 times as large as the amount wagered. Any wager which results in proceeds of more than $5,000.00 is subject to reporting and withholding, if the amount of such proceeds is at least 300 times as large as the amount wagered. You are responsible for the payment of any required taxes owed on any gambling income.

9. Liability Limit

Except as provided otherwise by the applicable regulatory authority of your state or jurisdiction, in no event will The New York Racing Association, Inc. and its affiliates, and their respective directors, officers, employees, agents, contractors, suppliers or representatives be liable for lost profits or any special, incidental or consequential, exemplary or punitive damages arising out of or in connection with the transactions conducted through NYRABets. Any liability of NYRABets shall be limited to $100.

10. Wager Responsibly

NYRABets is committed to responsible gaming. If you or someone you know has a gambling problem, help is available 24/7. Call 1-800-GAMBLER. Learn more on our Responsible Gaming page.

11. Contact NYRABets

For questions regarding these Terms and Conditions, contact a NYRABets customer service manager at 1-844-NYRA-BET (1-844-697-2238).