MonmouthBets App Promo Code & Bonus $50 in Free Bet
MonmouthBets launched its mobile site ahead of the season opener, and it could prove to be a boon to the racing industry.
So what is this new system?
Fixed odds betting.
Who is behind the app?
Monmouth, in partnership with BetMakers Technology Group, announced the launch of MonmouthBets app right before the Monmouth Park Racetrack season opened on Saturday, May 13, 2023.
It brings a change from the pari-mutuel system of wagering, but was something that people wanted for a long time in the Garden State.
“With last year’s retail offering setting the foundation, we are excited and honored to bring fixed odds betting to horseplayers through our MonmouthBets digital platforms,” BetMakers CEO Jake Henson said. “Fixed odds betting will help to form a healthy betting ecosystem for horse racing in New Jersey and beyond, with the transformative potential to provide a massive benefit to the entire racing industry.”
If the site is successful, expect other states to launch fixed odds wagering on horse racing.
What to bet at Monmouthbets fixed odds site?
You can bet on win, place, and show for any race on the board at Monmouth Park, in the app, or at the physical track. In fact, fixed odds betting launched last year at the track.
So which tracks can you bet?
On the first weekend of racing, MonmouthBets had four tracks listed on the app:
- Monmouth Park
- Emerald Downs
That number could increase with time, as more tracks opt in to fixed odds wagering. You can bet on win, place, or show in any of the races on the board.
MonmouthBets Bonus and Promo Code
Right now, there is one bonus on the site.
Sign up for a new app account and Monmouth Bets will give you a free $50 bet. No promo code is required in 2023.
Free bet is available only to new verified accounts only. Winnings from your $50 bet are returned to your account as cash; the initial stake is not returned as winnings
Free bet expires 14 days from account creation; any unused free bet is forfeited.