In the 1990s New Mexico suffered form the same economic downturn in the racing that was happening all across the US and the future of racing was in serious doubt until the state laws were amended to allow tracks to operate as racinos. For decades, New Mexico racing was aided by an influx of race fans from Texas, where pari-mutual wagering was banned until 1987. Horse racing in the state of New Mexico started with non-wagering races at the state fair back in the late 1930s, and pari-mutual wagering was legalized and the first track opened in the mid-1940s. BetOnline offers one of the better cash back programs simply because they offer the same 7% cash back on all types of online bets, whether you like to play a straight Win, Place or Show, or exotic bets such as exactas and Daily Doubles.
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