How to Bet Responsibly on Horse Racing

Betting on horse racing should always be fun — a form of entertainment, not stress. At MyWinners, we’re committed to supporting responsible gambling and helping our customers keep things in check. Whether you’re placing a quick Win bet or following a full-day Pick 6 strategy, it’s important to understand how to bet responsibly and recognise when things are going too far.

🎯 What Is Responsible Gambling?

Responsible gambling means betting in a way that’s informed, measured, and within your means. It’s about knowing the risks, setting personal boundaries, and understanding that no bet is ever guaranteed.

It also means knowing when to take breaks and how to avoid emotional betting decisions (like chasing losses or trying to “win it back”).

📏 Tips for Staying in Control

Set a budget: Decide how much you’re comfortable losing before you start betting — and stick to it.
Use time limits: Whether betting online or in-venue, give yourself a cut-off point.
Avoid chasing losses: Everyone has bad days. Don’t throw good money after bad.
Keep it social: Treat racing as an experience — talk about picks, celebrate small wins, and share the excitement.
Know the signs: If betting stops being fun, or you’re hiding it from others, it’s time to step back.

⚙️ Tools Available at MyWinners

We provide several tools to help you stay in control:

Deposit Limits – Set daily, weekly, or monthly limits.
Session Reminders – Get notified after a set time.
Self-Exclusion – Block access to your account for 6 months, 1 year, 5 years, or permanently. Once activated, it cannot be reversed until the selected period ends. You’ll need to confirm your request in writing by sending a signed letter specifying your chosen timeframe to:
- Customer Services, MyWinners, One Hamden Center, 2319 Whitney Avenue, Suite 5-a Hamden, CT 06518.
Transaction History – Review your full betting and deposit records to stay accountable.

💡 Did You Know? In 2023, the average US horse bettor wagered less than $20 per bet — showing that low-stakes racing is still how most fans enjoy the game.

Frequently Asked Questions

What does it mean to bet responsibly on horse racing?

Betting responsibly means sticking to a budget, avoiding emotional decisions, and treating betting as entertainment — not a way to make money.

How can I set deposit or loss limits on MyWinners?

You can set deposit or loss limits on MyWinners via Live Chat in your account (or via the Help Center), send an email to [email protected], or call +1 800 468 2260.

What should I do if I feel I’m losing control of my betting?

Take a break, talk to someone you trust, and consider using MyWinners’ self-exclusion tools. You can start by contacting Live Chat (bottom right of your screen), emailing [email protected] or calling +1 800 468 2260. You’ll need to confirm your self-exclusion in writing by sending a signed letter specifying your chosen period. You can also reach out to 1-800-GAMBLER for confidential support.nisations.

Are there signs of problem gambling I should watch for?

Yes — common signs include chasing losses, lying about betting habits, or gambling with money meant for bills or essentials. Recognising these early helps prevent harm.

Is horse racing betting safer than other forms of gambling?

No form of gambling is risk-free, but horse racing offers slower-paced betting cycles, which can make it easier to control — especially if you bet with a plan.