TVG Bonus Code $200 Bonus Horse Racing Betting App for 2022

$200 Risk Free Bet
Use Promo Code RISKFREE
Promo Code
Mobile App
Betting Options
Live Racing and Betting
App Availability
Risk Free Bet
Strong App
Great Website

TVG is a national leader in the horse race betting industry after making its debut as a cable television channel in 1999. Today, TVG’s horse race betting app is available for iOS and Android users in 32 states.  

Owned by FanDuel Group, TVG exclusively offers betting on horse racing and not sports betting in general. TVG is currently offering a generous welcome bonus for new users.

With the Triple Crown underway and the Preakness Stakes coming up on May 21, now is the perfect time to open an account at TVG. Our full review below will explain exactly why we believe that TVG is definitely worth a look for any horse racing enthusiast.


TVG Promo Code 2022

Use the TVG bonus code RISKFREE for a risk-free first bet up to $200 in any of the states where TVG operates, such as  California, Illinois, Arizona, New Jersey, Pennsylvania, New York, and  Minnesota.

The risk free bet means that if your first bet loses, you receive your wager back in the form of site credits. You can’t withdraw those credits right away, but in essence, you get a second chance to get your bet correct.

TVG Promo Code  200TVG
Type of Bonus$200 Single-Horse Win Wager
Terms and ConditionsMust be on first bet made. Must be on a "win-type" bet.
States Available In30+ States
Promo Code Verified ForNovember 2022

See TVG in Action


TVG offers an excellent welcome bonus for new users: a risk-free bet of up to $200 using code RISKFREE 

Terms and conditions apply, but they are pretty generous compared to the competition. Your first bet must be made within 15 days of signing up. The bet must be a win/place, win/show or win/place/show wager. It can made on any race at any track. Only single horse wagers (no exotics) will count as an eligible wager. Only the win portion of a win/place, win/show or win/place/show wager shall be counted as eligible. If your first bet loses, you will receive a bonus equal to the amount wagered, up to a maximum of $200. Any unused portion of the bonus will be withdrawn from your TVG Account after 30 days.  

This bonus compares favorably to some of TVG’s competitors both in the amount and execution. For example, some other apps offer up to $200 in bonus money, but the bonus is only earned after a 4x playthrough.  So really, $800 worth of wagers is required to earn the full amount. TVG’s offer is much more straightforward and bettor-friendly than that.

Betting On The Triple Crown Races At TVG

We’re in the midst of the 2022 Triple Crown with the Preakness Stakes coming up on May 21 at Pimlico Race Course. Rich Strike got the Triple Crown off to a roaring start with his upset victory in the Kentucky Derby at odds of 80-1. Unfortunately, for the Preakness Stakes, Rich Strike was withdrawn from the second leg of the Triple Crown. That means horse racing will, again, fail to have a Triple Crown champion. Justify was the last horse to win the Triple Crown in 2018.

The 2022 Preakness Stakes will feature Kentucky Derby runnerup, Epicenter. As the betting favorite at 6-5 odds, Epicenter will have to beat new shooter Secret Oath. The impressive filly trains out of the barn of Hall of Fame D. Wayne Lukas. She will try to give Lukas his seventh Preakness victory. Secret Oath, at odds of 9-2 in the Preakness, is coming off a win in the Kentucky Oaks on May 6. Two of the last three fillies to enter the Preakness — Swiss Skydiver (2020) and Rachel Alexandra  (2009) — went on to win the race.

Another horse to keep an eye on is trainer Chad Brown’s Early Voting. He’s the second betting favorite at 7-2 at TVG.

TVG’s 2022 Preakness Stakes Betting Odds

Here are TVG’s Preakness betting odds for the nine-horse field:

HorseFutures OddsTrainer
Mo Donegal5-2Todd Pletcher
We the People 3-1Rodolphe Brisset
Rich Strike9-2Eric Reed
Creative Minister 6.5-1Ken McPeek
Nest 7-1Todd Pletcher
Ethereal Road 10-1D. Wayne Lukas
Barber Road14-1John Ortiz
Skippylongstocking 14-1Saffie Joseph, Jr.
Golden Glider 22-1Mark Casse
Howling Time 25-1Dale Romans




TVG’s horse race betting app is among the industry’s best options.  The TVG app gives you access to more than 300 tracks across the world. Race broadcasts are delivered live in HD. New users will also be able to take advantage of TVG’s exclusive handicapping information including past performances and race replays. You can set alerts for the Kentucky Derby, Preakness Stakes, Belmont Stakes, Breeders’ Cup, or any race you don’t want to miss. Experienced and novice bettors will find everything they are looking for and more on the TVG app.

Apple Users

Users of Apple iOS will find the TVG app readily available in the Apple App Store. The only exceptions to this are in Arizona and New Jersey. Arizona does not allow mobile wagering, so account access is only available using a desktop computer and wagers may only be placed using TVG’s wagering hotline number (1-888-TVG-Wager.) New Jersey does allow mobile wagering, but TVG operates under the name 4NJBets in that state. 

Android Users

TVG does have an Android mobile app, but it is currently only available on Google Play in Illinois and Indiana. In other states, Android users have to download the app directly from TVG’s website (or use the website, which is optimized for mobile users.) 

Creating an account

Once you have downloaded your app or accessed the mobile website, the registration process is pretty straightforward. Just click the Sign Up button in the top right of the screen and follow the prompts. 

Funding Your Account

TVG offers a wide variety of deposit options. Users should be sure to check through the list of options before depositing as some of them require a fee while others do not. Fee-free options include e-check, Money Orders, Checks, Green Dot MoneyPak, or cash at a participating Track or at a retail location using the PayNearMe option. Debit/Credit Cards, PayPal, TVG Prepaid Cards are also available but those all come with a $5 fee and a Wire Transfer will cost you $15.

Placing Your First Bet

Once your account is funded, you are ready to make your first bet. TVG puts the upcoming races at the top of the home screen. The day’s most popular races are located right below this. You can also search for races by entering the track’s name. Click on any race and you will see the full field of horses. Tap on any horse to place a “win” bet for that horse in your betslip. There are also options for other types of bets at the top of the screen. 

Betting Options

TVG does a great job in putting all of the betting options you would expect to find at the track right at the tip of your fingers. Even better is that you can do it all from the comfort of your own home without having to wait in any lines at the betting window.

Parimutuel Betting

Horse racing is a type of parimutuel betting. Think of it as competing against your fellow gamblers instead of the house or sportsbook. All of the money in a given betting market goes into one pool and winners split the spoils (after taxes and track fee). This may take some getting used to for sports bettors where the odds are set by the bookmaker and are locked in when a bet is placed. In pari-mutuel wagering, the payout odds are determined based on the number of winning bets placed and the total size of the betting pool.  

Win, Place, Show Bets

You might have heard the expression “win, place, and show.” This comes from horse racing and it represents the sport’s basic bets on an individual horse.

  • Win bet: You’re wagering that your chosen horse will finish the race first.
  • Place bet: Your horse must finish either first or second to win this wager.
  • Show bet: Your horse can finish either first, second, or third to win this bet.

It’s also possible to bet a single horse “across the board” and you’ll have individual wagers on the win, place, and show.

Multiple Race Bets

TVG also offers bets on multiple horses in more than one race. The Daily Double asks you to pick the winner of horses in consecutive races. The Pick-3 and Pick-5 involve picking the winners of three and five races, respectively.

Exotic Bets

TVG offers the following exotic bets, and they can have huge payouts depending on the number of horses as well as the odds on each particular horse.

  • Exacta: Bet on first and second horse in the correct order.
  • Trifecta: Bet on first, second, and third horse in the right order.
  • Superfecta: Bet on the first, second, third, and fourth horse in the correct order.

Bettors have the ability to “box” these bets. This simply means you’ll pay more and the horses can finish in any order.


TVG offers live HD broadcasts from over 300 tracks on your mobile device. This service is free to anyone with a TVG wagering account, and the majority of races can be streamed. Some tracks may not offer live streaming and some big races have exclusive broadcast deals with TV networks.  


Interestingly, TVG is available and perfectly legal in many states where other forms of sports betting are not. However, Google Play has restrictions in place in many of these states that can make getting the TVG app a bit of a hassle.

Of the 32 states where TVG operates, 30 of them allow for the TVG wagering app to be downloaded directly from the Apple App Store. The exceptions are Arizona, which does not allow mobile wagering and NJ, where TVG operates under the 4NJBets brand.

On the other hand, only 2 of the 32 states (Illinois and Indiana) allow for the TVG Android App to be offered in the Google Play Store. Luckily for residents of the other 30 states, you can download the app directly from TVG’s website.  Or, you can use the mobile website. The experience at is nearly identical to the one offered on the mobile app. 

Really, knocking down TVG’s score in the availability category might be a little unfair, since the Google Play restrictions are not the fault of the operator.  Really, users should know that until these restrictions are lifted, TVG is just as available as competitors.


TVG’s overall score comes from an average of the marks it received in the previous categories. In the final analysis, it’s only limited availability that really brings this number down. And since the availability issues are universal across the horse racing betting industry right now, we can’t see any apps scoring much higher than TVG.

Bottom line: TVG is a highly recommended app for betting on horse racing.

Betting On The Kentucky Derby With TVG

The Kentucky Derby is set to be run on May 7, 2022, at Churchill Downs in Louisville. New users will have access to the track’s simulcast feed on the TVG app. There is also a full menu of bets on the TVG app for wagering on the Kentucky Derby. Enjoy the staples of win, place, and show bets and also exotic wagers such as exactas, trifectas, and superfectas. Epicenter is the betting favorite at many shops across the country, but Messier, Taiba and Zandon are also threats to win.

Take advantage of the offer for a $200 risk free bet (promo code: RISKFREE) and build your bankroll for betting on the Kentucky Derby!

TVG Hore Racing Betting App FAQs

Is it legal to use the TVG betting app in the US?

Yes, provided that you are a resident of and physically located in one of the 32 US states where TVG operates. Currently TVG accepts customers from AZ, AR, CA, CO, CT, DE, FL, ID, IL, IN, IA, KY, LA, MD, MA, MI, MN, MT, NH, NM, NY, ND, OH, OR, PA, RI, SD, VT, VI, WA, WV, WY.

Where can I download the TVG mobile app? 

The iOS app can be downloaded in the Apple App Store except in AZ (desktop only) and NJ (operates as 4NJBets). Android users can download the app directly from TVG’s website. Bettors in Illinois and Indiana will find the app on the Google Play Store. is also optimized for mobile users, so that is another option for horse racing enthusiasts on any type of device.

Where can I find TVG horse racing results? 

The results section is available after clicking on the More menu located in the lower right-hand corner of the screen. 

Where can I watch horse racing on live stream?

After clicking on a race, there will be a blue “Watch Live” button available at the top of the screen if the race is eligible for a live stream.

Can I place live bets on the TVG racing app?

No, bets may only be placed prior to the start of the race.

Does TVG offer any type of sign-up bonus?

Yes, the current sign-up bonus offers new users up to a $200 risk-free bet on their first wager using the code RISKFREE. Terms and conditions apply.

About the Author
John Yantosh

John Yantosh

John is an engineer by day and a sports lover by night. He is an unapologetic homer for all Philly sports teams as well as his alma mater, Villanova.

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