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Watch and Wager is an advance-deposit wagering operator run by WatchandWager.com LLC, a subsidiary of Webis Holdings PLC, the UK-listed racing group. It is one of the few US racing ADWs with genuinely global track coverage including greyhounds, reflecting Webis's international parent.
Watch and Wager holds its primary multi-jurisdictional ADW license from the North Dakota Racing Commission, which acts as the home-state hub under the Interstate Horseracing Act framework. From that hub it is authorized to accept wagers from residents of Alabama, California, Colorado, Delaware, Florida, Indiana, Kansas, Louisiana, Maine, Maryland, Massachusetts, Minnesota, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Dakota, Tennessee, Vermont, Washington, West Virginia, Wisconsin, and Wyoming — roughly 27 states.
The standing welcome offer is a $100 deposit match with promo code NEW100 on a first deposit of at least $20. Rollover requirements are standard for the category. No code-free evergreen deposit match runs alongside the coded promo.
Watch and Wager's coverage breadth is its main differentiator: major US thoroughbred tracks plus the UK, Ireland, France, Australia, New Zealand, Canada, Norway, Sweden, and South Africa. It is also one of the few legal US sites that lists greyhound racing on top of thoroughbred and harness — a product category that has shrunk dramatically in the US but still runs in limited jurisdictions and internationally.
Host-track takeouts apply. Watch and Wager historically runs a VIP rebate program for high-volume players rather than an advertised flat percentage at base tier — the exact rebate depends on monthly handle and is negotiated or tiered via customer service. For the greyhound and international product, rebates are less transparent than the thoroughbred side.
Debit card, ACH, PayPal, and wire for deposits. Withdrawals via ACH, PayPal, or check. Minimum deposit is $20 to qualify for the welcome match. Standard KYC at signup.
Free live streams are available across most tracks, including many of the international feeds that are hard to find on US-focused ADWs. Handicapping tools are lighter than DRF Bets or TwinSpires — Watch and Wager's strength is breadth of product, not depth of handicapping content.
The North Dakota Racing Commission hub license is a legitimate multi-jurisdictional structure under the Interstate Horseracing Act — North Dakota has carved out a role as a licensing home for several ADW operators, and WatchandWager was one of the first. Webis Holdings PLC, the parent, is listed on the London Stock Exchange's AIM market, which adds a layer of public-company financial disclosure most private US ADWs do not match. Always confirm your home state is on the approved list at signup.
The Watch and Wager site and app are functional rather than polished — they look more like a 2015 racing app than a 2026 one. Customer support is responsive via phone and email. For players who value international and greyhound coverage the rough UI is a reasonable trade-off. For US thoroughbred-only players who want a slick app experience, NYRA Bets or Caesars Racebook are nicer to use day-to-day.
Watch and Wager is the specialist ADW for international thoroughbred, harness, and greyhound coverage with a legitimate North Dakota hub license and a public-company parent. If you bet Royal Ascot, the Melbourne Cup, or French flat racing from the US, this is the clearest legal path. For mainstream US thoroughbred play, larger ADWs offer a better UX and stronger rebates.
Editor's Verdict
Niche play for international enthusiasts; high-risk regulatory position
Last reviewed: April 2026 · BonusBell Editorial Team
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