ME harness racing bonds.
Flat 3%. Enter your amount.

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 — and we issue it at a flat 3% with no credit check.

Required for a Maine harness racing license under 8 M.R.S. §272
Amount set by the State Harness Racing Commission — a reasonable sum up to $100,000
Flat 3%, no credit pull — enter the Commission's amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

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:

TODAY · 5 MINUTES

Apply online

Your business details, the bond amount the Commission set, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

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.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the Commission set and the premium updates.

$10,000 bond
$300
$25,000 bond
$750
$50,000 bond
$1,500
About this bond

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.

8 M.R.S. §2728 M.R.S. §272 requires every person, association, or corporation licensed to conduct harness racing to give a bond, in a reasonable sum not exceeding $100,000 as fixed by the State Harness Racing Commission, conditioned to faithfully make the payments prescribed by Title 8, Chapter 11, to keep proper books and records, to make required reports, and to conduct racing in conformity with the statute and Commission rules. An irrevocable letter of credit may be substituted. Confirm your amount with the Commission.

You need this bond if you are

Licensed to conduct a harness racing meet in Maine
Operating pari-mutuel wagering the Commission conditions on a bond
Renewing a racing license on the statutory calendar-year cycle
Re-filing at a new amount after the Commission adjusted your bond

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Maine harness racing bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is set by the State Harness Racing Commission — a reasonable sum not exceeding $100,000. Enter the figure on your license and the quote updates.
Who sets the bond amount? +
The State Harness Racing Commission, under 8 M.R.S. §272. It fixes a reasonable sum up to a $100,000 ceiling based on your operation. We issue exactly the amount the Commission requires.
What does the bond guarantee? +
That you make the payments the harness racing chapter prescribes (including the State's share of pari-mutuel pools), keep proper books and records, file required reports, and conduct racing in conformity with the statute and Commission rules.
Is there a credit check? +
No — the harness racing bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
When does it renew? +
This bond renews on a statutory calendar-year date, so terms run to the next 12/31 cycle rather than a rolling anniversary. We send renewal notices ahead of the date so your license never lapses.
Related bonds

Other New York bonds.

Harness racing bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter the amount the Commission set and file the same day.

Your premium @ 3%$750
Apply now →