First Deposit Bonus Casino in NZ

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First deposit bonuses are just what it says on the label. It’s a bonus you get for your first deposit in a casino, and a reward for choosing a particular operator. This bonus typically comes as part of a welcome package. Read on to find out more about this popular bonus at the best NZ online casinos and see why players love it.

    1
    leo vegas caisno
    Established 2011
    Leo Vegas Casino
    Up to $2,000 + 200 free spins
    The New Player Casino Welcome Offer is only available to new players who have never played on LeoVegas, who register an account at LeoVegas from the 7th of March 2024 until further notice and who have selected the Casino Welcome Offer on sign-up. Players have 7 days from registration to activate and place a deposit to activate their New Player Casino Welcome Offer. After their deposit players have 7 days to wager towards their New Player Casino Welcome Offer and after wagering is complete, players have 1 day to claim their rewards. Once a New Player Casino Welcome Deposit Card has been completed, the next New Player Casino Welcome Deposit Card will become available. A total of three (3) New Player Casino Welcome Deposit Cards are available to each new player. For each Deposit Card that the player decides to activate, in order to receive the reward/s, the player needs to make a minimum deposit of $10 and meet the wagering requirements to activate the offer, after which the reward/s will become available. The player's deposit amount will determine the quantity and value of rewards received. 1st & 2nd Deposit Cards – Players who Deposit $10-49.99 and wager their deposit 20x will get a 100% deposit match up to $49.99. Players who deposit $50-99.99 and wager their deposit 20x will get 100% deposit match up to $99.99 and 25 Free Spins on MGM Grand Gamble. Players who deposit $100 or more and wager their deposits 20x get 100% deposit match up to $500 and 50 Free Spins on MGM Grand Gamble. 3rd Deposit Card – Players who Deposit $10-49.99 and wager their deposit 20x will get 100% deposit match up to $49.99. Players who deposit $50-99.99 and wager their deposit 20x will get 100% deposit match up to $99.99 and 50 Free Spins on MGM Grand Gamble. Players who deposit $100 or more and wager their deposit 20x will get 100% deposit match up to $1000 and 100 Free Spins on MGM Grand Gamble. The New Player Casino Welcome Offer cash Free Spins must be used within 3 days of being claimed. Winnings from those cash Free Spins are instantly credited to the player’s real money balance that can be withdrawn. When playing towards the wagering for any of the New Player Casino Welcome Offer Cards, the player’s deposited funds will be used, until the wagering requirement is met, and the cash funds are unlocked to be claimed. Bets made with real money funds deposited during the wagering of the New Player Casino Welcome Offer will contribute towards the wagering of the offer. Players who do not wish to use the New Player Casino Welcome Offer can either decline the offer via the Offer Cards as shown on the players ‘My Offers’ page, or allow the offer to expire. For each activated Deposit Card of the New Player Casino Welcome Offer, the player will need to wager their deposit amount 20 times using real money before they can claim and withdraw the reward/s. The player can make withdrawals of their real money balance without forfeiting their New Player Casino Welcome Offer. The player can also make and wager more than one deposit in order to contribute to the wagering requirement of the offer. However, for each activated Deposit Card of the New Player Casino Welcome Offer, only the first deposit will count towards the Deposit Match Offer. The maximum offer amount awarded from the 1st & 2nd 100% Deposit Match Offer is $500. The maximum offer amount awarded from the 3rd 100% Deposit Match Offer is $1000. Our games contribute to the Casino Welcome Offer in the following way: Slots – 100% (except for below) Live Games – 0% Table Games – 10% Bingo games in the bingo lobby – 0% Video Poker – 10% Crash & Mine Games – 0% All other games – 0% The following games contribute 70% to the wagering requirement: Blood Suckers, Dead or Alive. The following games contribute 0% to the wagering requirement: The Wishmaster, Pearls of India, Forsaken Kingdom, Wheely Wheely Big Win, Book of 99, 98 Bounty Hot 1, Craps (Play'n GO), LeoVegas Plinko, Balloon, PlinkoX, FootballX, Wheel Dare 2 Win, Marching Legions,1429 Uncharted Seas, Money Cart, Money Cart 2, Joker Strike, Classic Fruits, Jackpot 6000, FlyX Microgaming, FlyX Cash Boosta Microgaming, FlyX Cash Booster. All LeoVegas offers, cash rewards and promotions are intended for recreational players and LeoVegas may in its sole discretion limit the eligibility of customers to participate in all or part of any promotion. Customers can only have a single account with LeoVegas and as a result all customer offers are limited to one per person. To be completely clear this means one offer per household address, IP, email address, telephone number, payment method (e.g. debit or credit card, NETeller etc). Accounts on shared computers are also limited to a single account, e.g. public library or workplace. We reserve the right to withdraw the availability of any offer or all offers to any customer or group of customers at any time and at our sole and absolute discretion. Where any term of the offer or promotion is breached or there is any evidence of a series of bets placed by a customer or group of customers, which due to a Deposit Offer, Enhanced Payments, Free Bets or any other promotional offer results in guaranteed customer profits irrespective of the outcome, whether individually or as part of a group, LeoVegas reserves the right to reclaim the cash element of such offers and in their absolute discretion either settle bets at the correct odds, void the Free Bets or void any bet funded by the Deposit Offer. In addition, LeoVegas reserves the right to levy an administration charge on the customer up to the value of the Deposit Offer, Free Bet or additional payment to cover administrative costs. We further reserve the right to ask any customer to provide sufficient documentation for us to be satisfied in our absolute discretion as to the customer's identity prior to us crediting any Cash Reward, Free Bet or offer to their account. LeoVegas reserves the right to amend, cancel, reclaim or refuse any promotion at its own discretion. The New Player Casino Welcome Offer is subject to the General Casino, Live Casino & Bingo Offer Terms. The New Player Casino Welcome Offer is subject to the General Terms and Conditions of LeoVegas.
    2
    royal panda casino
    Established 2021
    Royal Panda Casino
    Up to $1000 Welcome Bonus + 300 Free Spins
    Full T&Cs apply. New players only. 20x wagering requirement must be met within 7 days of depositing. Received bonus expires after 7 days. Only cash stakes qualify & wagering contributions on Casino. 18+. Gamble responsibly. Full T&Cs apply.
    3
    wildz casino
    Established 2019
    Wildz Casino
    200 Free Spins & $1,000 Bonus
    1 – Bonus Limits All bonuses are limited to one per person, household, computer, or IP unless otherwise specified. 2 – Forfeiting Bonuses Players can forfeit their bonus amount at any time and withdraw any remaining Real Money balance. 3 – Wagering Requirements All casino bonuses are subject to thirty-five times (35x) wagering unless stated otherwise in the campaign terms. 4 – Bonus Funds and Real Money Real Money and Bonus Money will be used in the following order: Real Money Bonus Money Real Money bets cannot be used to clear Bonus Wagering Requirements. Only when placing a Bonus Money bet, or a bet containing Bonus Money, is the wagering requirement decreased by the amount of the Bonus Money wagered, up to a maximum of 5 NZD. 5 – Negligible Bonus Balance When the bonus balance goes under 0.05 NZD, then that bonus balance will be automatically forfeited. 6 – Maximum Bonus Bet The maximum bet allowed when using bonus money is 5 NZD per spin or 0.50 NZD per bet line until all wagering requirements have been fulfilled. Wildz Casino reserves the right to void bets and winnings resulting from wagers of larger amounts. 7 – Variations in Wagering Fulfilment Please note that different games contribute a different percentage towards the wagering requirements: All Casino Slots: 100%, (except 1429 Uncharted Seas, Bloodsuckers, Beautiful Bones Dead or Alive, Dead or Alive 2, Eggomatic, Eye of the Kraken, Gemix, Jack Hammer 2, Pearls of India, Scrooge, Secrets of Atlantis, Sea Hunter, Steam Tower, Tower Quest, Viking Runecraft, Lil Devil, The Wish Master, Kingmaker, Beautiful Bones, Wild Swarm, Blazing Bull, Hellcatraz, Street Fighter II, Royal Mint, Marching Legions, Extreme 7, Book of 99: 0%) All table and Live Casino games: 50% All Video Poker Games: 0% Some games cannot be played with Bonus Money, and you will receive an error message when trying to place bets or open a game excluded from bonus play. 8 – Deposit Bonus & Free Cash Expirations Unless stated otherwise, all deposit and free cash bonus offers will expire after 24 hours, excluding the Welcome Bonus. Once the reward or bonus has been claimed, the player has 60 days to use it, or the remainder may be forfeited. Registered players must log in to Wildz.com and visit My Rewards to accept all rewards or bonuses to have these applied to their account. 9 – Bonus Money Expiration Wildz reserves the right to withhold and remove any bonus money awarded if it has not been used within 60 days from the date awarded. 10 – Risk Hedging Risk hedging, such as, but not limited to, betting Red Bet and Black Bet on any single roulette round, will not contribute to any part of a promotion. This includes bonus wagering requirements or the accumulation of any points. Players deemed to be using risk hedging tactics to redeem their bonuses or cash prizes risk having their bonuses, cash prizes and any subsequent winnings removed. 11 – Free Spins Rounds Winnings on Free Spins (free rounds) have a wagering requirement of thirty-five (35x) the winning sum unless otherwise stated in the Free Spins campaign. If no specific information is given regarding wagering requirements when receiving a bonus, the wagering requirement is set to thirty-five (35x) times the sum of the received bonus amount. 12 – Free Spins for Specific Games Free Spins provided as part of the Welcome Bonus, the Levelz mini slot, or part of any other promotion or incentive will be allocated by Wildz Casino to a game of their discretion. 13 – Incomplete Feature Plays Winnings from “free spins” or “bonus” features initiated with bonus funds – but completed after the bonus has been wagered, lost, expired or forfeited – will be removed. 14 – Saved Progress in Games Using Bonus Money primarily to advance through the bonus stages of games that save progress (games such as, but not limited to, Scrooge, Devil’s Delight, Champion of the Track, Castle Builder and Robin Hood) is strictly prohibited. Doing so may result in the winnings from the bonus round and subsequent winnings being voided. 15 – Welcome Offer Our welcome offer consists of a 100% Balance Booster up to 500 NZD plus 200 Free Spins upon the player’s first deposit, and a further 50% deposit match up to 500 NZD upon the player’s second deposit. 15.1 – Allocation of Welcome Bonus Free Spins Per the Welcome Bonus, Free Spins will be allocated at 25 Free Spins per day over eight (8) days. The value of the Free Spins offered in the Wildz Welcome Bonus is worth 0.10 NZD each. 15.2 – Welcome Bonus Deposit A minimum deposit of 10 NZD is required to activate the Welcome Bonus.
    4
    spinzlogo
    Established 2021
    Spinz Casino
    200 Free Spins & $1,000 Bonus
    General Bonus Terms and Conditions of Spinz.com 1 – Bonus Limits All bonuses are limited to one per person, household, computer, or IP unless otherwise specified. 2 – Forfeiting Bonuses Players can forfeit their bonus amount at any time and withdraw any remaining Real Money balance. 3 – Wagering Requirements All casino bonuses are subject to thirty-five times (35x) wagering unless stated otherwise in the campaign terms. 4 – Bonus Funds and Real Money Real money and bonus funds will be used in the following order: Real money Bonus funds Real Money bets cannot be used to clear Bonus Wagering Requirements. Only when placing a Bonus Money bet, or a bet containing Bonus Money, is the wagering requirement decreased by the amount of the Bonus Money wagered, up to a maximum of 5 EUR. 5 – Negligible Bonus Balance When the bonus balance goes under 0.05 EUR, then that bonus balance will be automatically forfeited. 6 – Maximum Bonus Bet The maximum bet allowed when using Bonus Money is 5 EUR per spin or 0.50 EUR per bet line until all wagering requirements have been fulfilled. Spinz Casino reserves the right to void bets and winnings resulting from wagers of larger amounts. 7 – Variations in Wagering Fulfilment Please note that different games contribute a different percentage towards the wagering requirements: All Casino Slots: 100%, (except 1429 Uncharted Seas, Bloodsuckers, Beautiful Bones Dead or Alive, Dead or Alive 2, Eggomatic, Eye of the Kraken, Gemix, Jack Hammer 2, Pearls of India, Scrooge, Secrets of Atlantis, Sea Hunter, Steam Tower, Tower Quest, Viking Runecraft, Lil Devil, The Wish Master, Kingmaker, Beautiful Bones, Wild Swarm, Blazing Bull, Hellcatraz, Street Fighter II, Royal Mint, Marching Legions, Extreme 7, Book of 99: 0%) All table and Live Casino games: 50% All Video Poker Games: 0% Some games cannot be played with Bonus Money, and you will receive an error message when trying to place bets or open a game excluded from bonus play. 8 – Deposit Bonus & Free Cash Expirations Unless stated otherwise, all deposit and free cash bonus offers will expire after 24 hours, excluding the Welcome Bonus. Once the reward or bonus has been claimed, the player has 60 days to use it, or the remainder may be forfeited. Registered players must log in to Spinz.com and visit My Rewards to accept all rewards or bonuses to have these applied to their account. 9 – Bonus Money Expiration Spinz reserves the right to withhold and remove any Bonus Money awarded if it has not been used within 60 days from the date awarded.
    5
    lucky dreams casino
    Established 2021
    Lucky Dreams Casino
    Up to $10,000 + 500 Free Spins on Pragmatic Play games
    All bonus offers are strictly limited to one per: person and their family, home address, email address, IP-address, telephone number, account number, credit or debit card number, e-wallet number, payment system account (Neteller, Skrill, etc.), one electronic device (computer, mobile phone, tablet, etc.). All the players can take advantage of the bonuses, except for the cases when the bonus has country restrictions and the player is a citizen of one of these countries. Bonuses are not available to players from the following countries: Bulgaria, Macedonia, Republic of Moldova, Philippines, Sierra Leone, Spain, Belarus, Ukraine.
    6
    bet and play casino
    Established 2023
    Bet And Play Casino
    Up to $2500 + 300 free Spins
    1. General bonus terms and conditions 1.1. Each available currency (EUR, USD, CAD, AUD, NOK, NZD, JPY, BTC, BCH, ETH, LTC, DOG, USDT) has a fixed equivalent in relation to the other available currencies in terms of depositing, betting, and receiving prizes. These equivalents apply unless otherwise stated. By default, amounts in the terms and conditions are stated in EUR to preempt possible inconveniences associated with cryptocurrency fluctuations. Limitation of the maximum bet while wagering EUR: 5, USD: 5, CAD: 10, AUD: 10, NOK: 50, NZD: 10, JPY: 1000, RUB: 500, BTC/BCH/ETH/LTC/DOG = equivalent in 5 EUR. 1.2. Regarding the bonuses and promotions, all times and dates are, unless stated otherwise, indicated in UTC Time Zone. 1.3. You can claim only one bonus at a time. 1.4. All the bonuses can only be received once per person/account, family, household, address, e-mail address, IP addresses, and environments where computers are shared (university, fraternity, school, public library, workplace, etc.). 1.5. The maximum withdrawal limit from a no deposit bonus including no deposit free spins is 50 EUR/50 USD/75 AUD/75 CAD/75 NZD/500 RUB/500 NOK. The maximum you will ever be able to withdraw from play with funds associated to no deposit bonuses or free spins is 50 EUR/50 USD/75 AUD/75 CAD/75 NZD/500 RUB/500 NOK unless stated otherwise. An exception can be made for loyal players, and in case of winning, the maximum win amount can be increased. To request a withdrawal, you must fully verify your account and make a minimum deposit. 1.6. The casino reserves the right to update Bonus Terms and Conditions at any time.
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    What are Casino First Deposit Bonus Offers?

    First deposit bonus offers—also known as a welcome bonus—are bonuses that you get for registering with a casino. New Zealand players qualify for such bonuses at the top casinos. The casino’s first deposit bonus is the gaming site’s way of saying thank you for choosing it over others. There’s no online casino without a welcome bonus on sign up. The welcome package can extend over your next few deposits, giving you extra funds on top of your first deposit bonus.

    Comparing the Best First Deposit Bonus Casinos in New Zealand

    As mentioned, NZ casinos all have a welcome bonus of some kind. The majority go with a first deposit bonus which may or may not come with free spins. Below you can see the best deposit bonus casino offers you’ll find on the NZ market right now.

    RankOnline CasinoFirst Deposit BonusMinimum BonusWagering
    1LeoVegasUp to €400 in bonus funds/20x
    2Royal PandaUp to $1,000 and 300 free spins$1020x
    3Wildz casinoUp to $1,000 and 200 free spins$1035x
    4Spinz casinoUp to $1,000 and 200 free spins$1035x
    5Lucky DreamsUp to $500 + 100 Free Spins$2040x
    6Bet and PlayUp to $500 + 50 Free Spins$3050x
    7Rizk casino100% up to $1,200 and 50 free spins$2040x
    8Winawin casinoUp To $750+100 FS$3050x
    921 casino121% up to $300 and 21 free spins$1035x
    10Smokace casinoUp to $950 and 100 free spins$5040x
    11KatsubetUp to $400 and 100 free spins$4035x
    12SpinYoo casinoUp to $100 on live casino and table games$2035x

    Types of First Deposit Bonuses

    There are several types of first deposit bonus offers at the top NZ online casinos. The 100% first deposit matched bonus is the most popular one. But, you also have double or triple that amount, as well as free spins, cashback bonuses, and other types of offers we’ll cover below.

    100% first deposit matched bonus

    This one’s the most popular online casino first deposit bonus. It matches your initial deposit in full, doubling the initial amount you can play with. It’s the most straightforward bonus too and the simplest to understand.

    Here’ an example: if you make a deposit of $20 and the casino matches it 100%, you’ll have a total of $40 to play with.

    200% matched first deposit bonus

    With a 200% matched first deposit offer, you’re getting more bonus funds than the previous one. Due to that, this is a rare bonus at NZ casino sites, and it doesn’t often come with light terms.

    To put things into perspective, if you deposit $100 and the casino gives you a 200% boost on it, you’ll have $300 to start with.

    300% matched first deposit bonus

    The 300% matched first deposit bonus will triple what you deposit on sign up. It’s almost as rare as a unicorn, but considering the size, players love it.

    This type of bonus is rare and triples your initial deposit. You get $300 if you deposit $100 with this bonus, for a total of $400 to play with.

    400% matched first deposit bonus

    There are maybe only a few 400% matched first deposit bonuses ‘in the wild’. This first deposit type of bonus is more common at crypto casinos in New Zealand which typically have higher welcome bonus offers.

    This one’s similar to the previous bonuses. If you deposit a maximum of $100, you get a 400% boost which is $400 for a total of $500.

    Cashback

    A casino site may also decide to offer a cashback on sign up. It doesn’t necessarily have to be a matched deposit bonus. With a cashback bonus, the percentage is decided on by the casino itself. For example, you might get 10% cash back on the money you lose after your first deposit.

    Free spins

    Free spins are a common addition to a matched casino first deposit bonus. As you can see from the welcome offers in the table above, most of the casino first deposit bonus offers have hundreds of free spins attached.

    What Terms and Conditions Are Imposed on First Deposit Bonuses?

    No bonus at NZ casinos can be considered free money. Technically, the only way to get free money is a no deposit/no wager bonus, but those are almost non-existent. In most cases, you will need to stick to many rules if you want to get the most out of your bonus and convert it to real money.

    ●   The minimum deposit is the amount you must deposit in order to be eligible for the online casino deposit bonus. If it’s set at $10, deposit under that amount will not qualify for the bonus.

    ●   The wagering requirements state how many times you must play the first deposit bonus over to claim winnings. If the wagering is set at 10x and you deposit $100, you’ll need to wager $1,000 to be able to withdraw. Keep in mind that some casinos will only allow wagering on the bonus funds, while others may require you to wager the deposit + bonus.

    ●   Wagering requirements must be completed in a short period. Typically, that period is a month. But, depending on the casino and the size of the bonus, it could be shorter.

    ●   You have minimum and maximum bet amounts to stick to. If you try and wager the full bonus amount at once, your bonus will be forfeited.

    How to Claim the First Deposit Bonus?

    Claiming a first deposit bonus is easy. You’re usually bombarded with the terms and how to claim the bonus right after you register at an NZ casino. Below you’ll see a step-by-step guide that will make things much smoother.

    1. 1
      Find a Casino
      Find a good NZ casino site with a welcome bonus
    2. 2
      Terms
      Check the terms and ensure you agree with everything
    3. 3
      Register
      Register by filling out the sign up form
    4. 4
      Verify
      Verify your account via email (or SMS)
    5. 5
      Make a Deposit
      Make your first deposit
    6. 6
      Claim
      Claim the bonus

    In most cases, the bonus is handed out automatically after sign up. If the terms state differently, you might need to opt in to the first deposit bonus or talk to the customer support representatives for it.

    Can I Cash Out My Online Casino Deposit Bonus?

    Yes, you can, but not until you complete the wagering requirements. Like all casino bonuses, the first deposit bonus is subject to many terms and conditions. These are essentially the rules you must follow to be able to cash it out. You only have a limited time to wager the bonus so you can withdraw your winnings. There are two types of bonuses which depend on the way you withdraw them. Learn how casino bonuses work and how you can profit from them so you can maximize your wins.

    Sticky Bonuses

    A sticky casino bonus means bonus funds that are ‘trapped’ in the casino. The bonus itself can’t be withdrawn. However, you can play with the bonus and win real money. It essentially means you’re playing with the house’s money without spending your own.

    Non-Sticky Bonuses

    With non-sticky bonuses, you play with the money you deposited first. If you lose the deposit, you will only need to consider the wagering requirements. If you hit a win before reaching the bonus money, you can cancel the bonus and withdraw your winnings.

    There are other important terms too. For example, to keep things fair, you have a minimum and maximum bet you can play with when wagering the bonus funds. The list of eligible games differs from one welcome bonus to another.

    What If I Lose the First Deposit Bonus?

    Don’t worry about it, as there are plenty of bonuses to come later. Many casinos have a second and third (or even fourth, fifth, etc.) deposit bonus to claim which comes after the first one. These are usually optional. So, if you lose your initial deposit bonus, you will still be able to claim the others.

    Advantages and Disadvantages of Casino First Deposit Bonuses

    Advantages

    • Easy to claim and they boost your initial deposit
    • Most of these bonuses include free spins
    • No consequences if you lose it all
    • Available at nearly all online casinos NZ

    Disadvantages

    • Wagering requirements may be too high
    • Big welcome offers are too good to be true – that kind of money is too hard to wager

    Available Payment Methods for Claiming Your First Deposit Bonus

    To claim a first deposit bonus, you must register and make a deposit. That can be done with a ton of trusted payment methods. These include debit and credit cards, bank transfers, e-wallets, and prepaid vouchers. Not all of them, of course. Some options are excluded from bonus eligibility, while others, such as cryptocurrencies, are only fit for crypto welcome offers.

    Credit/debit cards:
    Visa and Mastercard are always a great idea for making deposits at NZ casino sites. They qualify for all deposit bonuses, are easy to use, and offer fast and fee-free payments.
    E-wallets:
    e-wallets are the next best thing after cards. However, not all of them are always available for a first deposit bonus. Many casinos exclude Skrill and Neteller from the list.
    Prepaid vouchers:
    you can use prepaid vouchers such as Paysafecard to make deposits that qualify for a welcome bonus. You can buy these vouchers online or in stores.
    Mobile payments:
    mobile payments are available for first deposit bonuses, although they are rare to find. The good thing is that they are eligible, although the low deposit limits might be an issue to cover bonuses with higher min. deposit requirements.

    Which Casino Games Are Eligible for the First Deposit Bonus?

    It depends on the bonus, but in general, most deposit bonuses can be completely wagered on online slots. If you check the terms, you’ll see that slots contribute 100% to the wagering. That means that when you play with bonus money, only bets on slots will count toward the wagering. Other games might be excluded, or they may contribute with a lower percentage. For example, table and card games may only contribute 10% or 20%, while live casino games may not contribute at all.

    This is all available under the terms, so it’s best to give them a read. Make sure not to miss the part about the eligible games. Although slots contribute 100%, some slots may be omitted.

    What Is the Difference Between a No Deposit Bonus and a First Deposit Bonus?

    The difference between a no deposit and a deposit bonus is easy to spot – it’s in the deposit. More specifically, you can claim a no deposit bonus without depositing any of your own money. Deposit bonuses, on the other hand, always require you to fund your account first. You must cover the minimum deposit specified under the bonus terms to be able to claim the first deposit bonus.

    No deposit bonuses have terms too, so that part is no different. 

    Joe Booth
    Writer

    Joe Booth is a consummate online casino enthusiast with over a decade of experience exploring the vast world of internet gambling. His extensive industry knowledge, gleaned from both personal exploration and professional involvement, has made him a valuable contributor to numerous prominent gambling websites, including GambleOnline.co, Punters.pub and slotsjudge.com. While blackjack holds a special place in his heart, Joe also delights in placing the occasional bet on horse racing.