ARCADIA, Calif. (Sept. 24, 2009)—The Oak Tree Racing Association has announced that OakTreeBets.com—a new, no-fee online and telephone wagering service that enables racing fans to wager coast-to-coast on Thoroughbred and harness tracks year ‘round, is now available to fans and will enable those who subscribe to wager on live racing from Oak Tree, which begins Wednesday, Sept. 30.

OakTreeBets.com, powered by XpressBet, does not charge membership, monthly or per-wager fees and offers qualified new account holders who wager $100, a matching $100 wagering credit that will be deposited to their accounts the very next day.

Profits from the new wagering service will be split evenly between the horsemen’s purse account and Oak Tree.

“This is a great service to our fans and to our horsemen,” said Oak Tree Director and Executive Vice President Sherwood Chillingworth. “As was the case with Del Mar Bets this past summer, we are getting the money to where it belongs, to the people who make our sport go.

“We have no doubt that this new service is going to be very popular with everyone. The fact that people can now wager without being charged for each transaction is long overdue.”

Fans who register with OakTreeBets.com will be able to watch races via high quality live video streams and wager on over 100 tracks around the country and the world.

Vital full-program information will be available at OakTreeBets.com, including current odds and up-to-the-minute late program page changes.

OakTreeBets.com will also provide online statements that allow fans to see their complete wagering history, including immediate posting of any winnings. Fans will be able to make online deposits and withdrawals within seconds, using major credit cards and electronic checking.

For more information on Oak Tree Bets.com, fans are encouraged to go to http://www.oaktreeracing.com.