ME harness racing bonds.
From $100.
Maine requires every harness racing licensee to file a bond under 8 M.R.S. §272 before receiving a license. The State Harness Racing Commission sets the amount — a reasonable sum not exceeding $100,000. The premium is 2% of the bond amount, $100 minimum — your exact price appears at the 60-second application.
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Apply to filed in one sitting.
No underwriting queue for the standard harness racing bond — enter your amount, pay, and file with the Commission. Here is the whole thing:
Apply online
Your business details, the bond amount the Commission set, and the effective date — that is the entire application.
Issued on the spot
No credit section and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with the Commission
Submit the executed bond to the State Harness Racing Commission with your license. The bond renews on a statutory calendar-year date. Wet-ink originals mailed whenever the Commission insists.
What it is and who needs it.
What the harness racing bond actually covers
Maine regulates harness racing through the State Harness Racing Commission under Title 8, Chapter 11. Operators licensed to hold racing meets — and to conduct pari-mutuel wagering — must post a bond before the Commission issues the license.
Under 8 M.R.S. §272, the bond is conditioned to faithfully make the payments prescribed by the chapter, to keep proper books and records, to file required reports, and to conduct racing in conformity with the statute and Commission rules. The Commission fixes the amount — a reasonable sum not exceeding $100,000 — and an irrevocable letter of credit is allowed as an alternative.
The bond protects the State's share of the pari-mutuel pools and the integrity of the meet. It is not insurance for you — if the surety pays a valid claim, you repay the surety. Because the bond renews on a statutory calendar-year date, your term and price track those dates.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with the bond amount the Commission set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Maine harness racing bond? ▾
Who sets the bond amount? ▾
What does the bond guarantee? ▾
Is there a credit check? ▾
When does it renew? ▾
Other Maine bonds.
Harness racing bond, issued today.
Five-minute application, premiums from $100. Enter the amount the Commission set and file the same day.