Promo Codes

New customers at AmWager can get a 100% first deposit match up to $50. To earn the full bonus, deposit $50 and place at least $50 in qualifying wagers within 30 days.

USA.bet currently lists 50MATCH as the AmWager promo code. AmWager’s public terms do not require a code for the standard $50 first deposit match, so use 50MATCH where a promo code is requested when signing up through USA.bet.

AmWager stands out more for its ongoing horse racing features than for the size of its welcome bonus. These include 0% Takeout promotions, a points-based rewards program, TRU Odds, Pro %, conditional wagering, live streaming and advanced ticket-building tools.

AmWager New Customer Offer and Code

AmWager Promo Code50MATCH
Welcome Offer100% first deposit match up to $50
Maximum Bonus$50 wagering credit
Qualifying WagerBet the amount of your first deposit
Qualifying Period30 days
Bonus Expiry30 days after being credited
Live StreamingYes
RewardsSix-tier points program

AmWager’s current new-player offer matches your first deposit up to $50.

Deposit $50 and place $50 in qualifying bets within 30 days to earn the maximum $50 wagering credit. If you deposit less, both the bonus and required wagering amount are reduced accordingly.

Show bets, canceled wagers and refunded wagers do not count. AmWager says the promotional credit is normally added within seven business days after the requirements are completed. The bonus credit itself cannot be withdrawn, but winnings from wagering it can be.

Horse racing bettors looking for one of the most comprehensive betting experiences will be delighted with the service offered by AmWager. The racebook covers global events throughout the year, with over 1,000 races per day available to bet on. It has been an exceptionally popular betting option for bettors since opening its doors for the first time in 2009.

AmWager Welcome Bonus

AmWager Horse Racing Online Review

AmWager is operated by AmWest Entertainment LLC, a US advance deposit wagering company that has been operating since 2009. AmWest is regulated by the Oregon Racing Commission as a multi-jurisdictional account wagering provider and also holds individual state licenses where required.

The $50 welcome offer is relatively modest. The more interesting part of AmWager is what regular horseplayers get after signup.

Its platform includes tools such as TRU Odds, Pro %, conditional wagering, ABC wagering and Dutch wagering, alongside live racing streams, race replays and an ongoing rewards program.

There is one important limitation. AmWager currently does not have a contractual agreement with Churchill Downs Incorporated (CDI). That means bettors should not assume CDI races, including the Kentucky Derby, are available.

For someone mainly looking to bet the Kentucky Derby, that is a significant drawback. For year-round horse racing bettors, AmWager’s rewards, promotions and advanced wagering tools are more compelling.

AmWager currently accepts wagering from residents of 31 states, subject to state-specific restrictions:

Alabama, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Montana, Nebraska, New Hampshire, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Vermont, West Virginia, Wisconsin and Wyoming.

Some states have restrictions on individual tracks, racing types or promotions. Idaho customers, for example, are excluded from AmWager Rewards and other promotions.

The minimum age is generally 18, but customers must be at least 21 in Alabama, Indiana, Kansas, New Hampshire and North Dakota.

Because state rules can change, bettors should check current eligibility before depositing.

How To Sign Up and Get Free Bets

Amwager sign up
  1. Go to AmWager and create an account.
  2. Verify your email and complete the required identity checks.
  3. Enter 50MATCH where the USA.bet promo code is requested.
  4. Make your first deposit.
  5. Place qualifying wagers equal to that deposit within 30 days.

To earn the maximum bonus, deposit $50 and wager at least $50 in qualifying bets.

Top Major Horse Betting Events

AmWager offers US and international Thoroughbred and harness racing, with live streaming and race replays integrated into the platform.

Major meetings and events that may be available include the Preakness Stakes, Belmont Stakes, Breeders’ Cup, Saratoga, Royal Ascot, Melbourne Cup and Prix de l’Arc de Triomphe.

Availability depends on current track agreements and the bettor’s state.

Can You Bet the Kentucky Derby at AmWager?

Not currently.

AmWager states that it does not have a contractual agreement with Churchill Downs Incorporated, meaning CDI racing content is unavailable at present.

That includes the Kentucky Derby and Kentucky Oaks. The situation could change if AmWager and CDI reach a new agreement.

Amwager Welcome Sign up bonus

Special Features

TRU Odds

Horse racing odds are pari-mutuel, so the price displayed when you bet can change significantly before the pool closes.

TRU Odds estimates where the final Win odds are likely to settle based on changing pool data. It does not guarantee a price or predict a horse’s true chance of winning.

For bettors concerned about late odds movement, it can provide more context than simply looking at the current tote price.

Pro %

Pro % helps bettors distribute their stake according to the strength of different selections.

Instead of giving every combination the same weight, you can assign percentages to your choices and have AmWager allocate the wagering budget accordingly.

This is particularly useful for bettors building more complicated exotic tickets.

Conditional Wagering

Conditional wagering allows you to prepare a bet but only submit it if specified conditions are met.

For example, you may want to bet a horse only if its odds remain above a certain level close to post time.

This can be useful in pari-mutuel markets where the final price is not locked in when the wager is first prepared.

Other Tools

AmWager also offers ABC wagering, Dutch wagering, wager queues, live streaming, race replays and historical results.

These tools are unlikely to matter much to someone making occasional Win bets, but they make AmWager more useful for regular and experienced horseplayers.

AmWager 0% Takeout Promotions

AmWager’s 0% Takeout promotions are one of its more distinctive offers.

In pari-mutuel horse racing, a percentage of each betting pool is removed before winnings are distributed. This is called the takeout.

During selected AmWager promotions, eligible winners receive an additional wagering credit designed to represent the difference between the normal tote payout and what the payout would theoretically have been with zero takeout.

Importantly, AmWager does not remove the takeout from the underlying racing pool. The normal official payout still applies, and AmWager adds the promotional credit separately.

The exact tracks, wager types and maximum bonus vary by promotion. In 2026, AmWager has run 0% Takeout offers on meetings including Saratoga and Woodbine.

For regular horseplayers, this can be more valuable than a one-time signup bonus because takeout is one of the main ongoing costs of pari-mutuel betting.

AmWager Racebook

AmWager Rewards Program

AmWager now uses a six-tier points-based rewards program rather than the older Bronze-to-Titanium cashback system.

Monthly Eligible WageringWPS Points per $1Exotic Points per $1
$044
$1,00055
$2,50066
$5,00088
$10,0001013
$20,0001520

Points are currently converted at 1,600 points = $1 in wagering credit.

That means the base level is worth roughly 0.25% in wagering credit on eligible bets. At the highest standard tier, the effective rate is approximately 0.94% on Win/Place/Show wagers and 1.25% on eligible exotic wagers.

This makes it more accurate to describe AmWager Rewards as a wagering rebate program than simple cashback.

Idaho customers are currently excluded from the rewards program.

AmWager Pro and Mobile Betting

AmWager Mobile Offers

AmWager Pro is the more advanced version of the platform and is designed for bettors who want detailed pool information and more control over ticket construction.

The service works across desktop and mobile devices and can be installed as a web app on compatible phones.

Casual bettors can ignore many of the advanced tools, but regular horseplayers are likely to get considerably more value from them.

Deposit Methods

AmWager currently supports several funding methods, including:

  • Bank cards
  • ACH bank transfers
  • Check or money order
  • Wire transfer

Withdrawal options include eligible bank cards, ACH, checks and wire transfers.

Payment methods can vary by state, so customers should check the options displayed in their account.

Contacts

AmWager customer support is available daily from 12 PM to 8 PM Eastern Time.

Phone: 1-877-767-4447
Email: help@amwager.com

AmWager also provides responsible gambling tools, including temporary timeouts and self-exclusion options.

AmWager Betting FAQs

What is the AmWager promo code?

USA.bet currently lists 50MATCH as its AmWager promo code. AmWager’s standard public $50 deposit-match terms do not state that a code is required, so use 50MATCH where a promo code is requested when signing up through USA.bet.

What is the AmWager welcome bonus?

New customers can get a 100% first deposit match up to $50 in wagering credit. To earn the maximum bonus, deposit $50 and place at least $50 in qualifying wagers within 30 days.

Can I bet on the Kentucky Derby at AmWager?

Not currently. AmWager says it does not have a contractual agreement with Churchill Downs Incorporated, so CDI racing content is unavailable.

What is AmWager’s 0% Takeout offer?

On selected promotional races, AmWager credits eligible winners with an additional amount intended to represent the difference between the normal tote payout and a calculated zero-takeout equivalent. The underlying racing pool still applies its normal takeout.

Does AmWager offer rewards?

Yes. Eligible wagers earn points through a six-tier rewards program. Points are currently converted into wagering credit at 1,600 points per $1.

What age do I need to use AmWager?

The minimum age is 18 in most eligible states and 21 in Alabama, Indiana, Kansas, New Hampshire and North Dakota.

What is AmWager Pro?

AmWager Pro is its advanced betting interface. It includes tools such as TRU Odds, Pro %, conditional wagering, ABC wagering and Dutch wagering.

Is AmWager Worth Using?

AmWager is not currently the strongest option for bettors focused on the Kentucky Derby because of the CDI restriction.

For regular horse racing bettors, however, it has more to offer than the relatively small $50 signup bonus suggests.

The combination of rewards, 0% Takeout promotions, live racing and advanced wagering tools gives it a clear niche. TRU Odds and conditional wagering are useful for bettors concerned about changing pari-mutuel prices, while Pro % and other ticket-building tools are aimed at more experienced horseplayers.

That makes AmWager a better fit for someone who bets racing regularly than for a customer simply comparing the largest welcome bonuses.