RaceBets Review

Payment options
Betting variety
Live betting
Jimmy E
RaceBets is an old name among online bookmakers, which was founded in 2005 in Germany. It moved to Malta in 2010 and started offering services to customers in the UK and Ireland in 2012. Betsson Group now owns RaceBets.

The RaceBets sports betting site initially made a name for little horse racing and greyhound choices. But the fast growth has turned this platform into a top pick for sports lovers, with more than 250,000 races.

In this RaceBets review, we’ll cover this site’s main features to enlighten you about the experience you can expect. The supported betting markets, available banking systems, and the bonuses you can use for placing bets are some items you’ll find in the next paragraphs.

RaceBets Website and How to Sign Up

The RaceBets sportsbook’s interface is designed in a standard format similar to any other multi-purpose online betting platform. Therefore, you won’t have any difficulty adjusting to the website. It is a perfect combination of black and yellow, which is pretty easy to navigate. All the available options are listed on top, and you can choose the races and countries from the left panel.

RaceBets Review

To be able to punt, you need to register for a new account. The process begins by clicking the green-coloured ‘Register’ button on the top-right side of the homepage. You must have at least eighteen years of age and don’t be a resident of the US.

Like other bookies, the RaceBets sports betting site asks you for basic information such as name, email address, birth date, and time zone. Once you enter the details, the website starts to validate your identity by asking you for copies of documents, bank statements, and references. The MGA (Maltese Gaming Authority) supervises all the verification processes.

RaceBets Quick Facts

📅 Year Established 2005
🤑 Welcome bonus 100% up to €50
📱 Mobile application
💵 Minimum Bet £0.50
🔝 Maximum Profit £200000
↩️ Payout Percentage 95%
🖱️ Live (In-Play Mode)
📺 Live streaming
💸 Cash Out

Payment Options

Aside from bank transfers, there are plenty of ways to make money transactions.

Min. deposit £1
Deposit Charge Free of charge
Min. Withdrawal £5
Withdrawal time Up to 5 working days
Payout 95%

You can easily transfer funds on RaceBets using the popular global payment methods.

Deposit Methods

Whether you use cards such as MasterCard, or e-wallets like PayPal and Neteller, you can top up your account conveniently at any time. No deposit fees will be charged, and the minimum limit varies based on your method. For cards, bank transfers, and Apple Pay, it’s set to £5. The other techniques come with a £10 limit.

Withdrawal Methods

When you submit a withdrawal request, you’ll receive your money in your account within 72 hours. Some withdrawal systems charge fees for transferring money, and if you submit more than three requests in a month, some additional fees will also be applied to you.

While the website doesn’t set any limits for minimum withdrawals, you will be charged up to £1.50 when submitting a request of less than £5.

RaceBets Bonuses and Promotions

Many RaceBets reviews have agreed that this website offers excellent bonuses to punters. The available promotions include a first money deposit and stake bonuses on selected events.

Pick 6, Bash the Bookie, and Login Game are among the other RaceBets bonus items on the platform.

RaceBets Free Bets

The RaceBets free bet tokens are found in your account by clicking on the ‘Bonus Review’ section. The free bets you acquire are marked with a green-coloured icon, and you can easily redeem them by clicking on this icon. Alternatively, you can head to the qualifying race cards and use your free bet by clicking on ‘Use Free Bet Now.’

RaceBets Stake Bonus

Using the RaceBets sportsbook, you can get bonuses of varying percentages for some races. These events change at different intervals, and you can check them on the website whenever you click on the ‘OFFERS’ tab. The races with these opportunities are marked with banners indicating available promotions.

RaceBets Welcome Offer

The RaceBets new customer offer is an exciting opportunity for those who join this platform. The qualifying deposit is €10, which can be made through any payment system except credit cards. Once you place this bet, the website gives you 100% back.


The associated terms with the RaceBets sign-up offer indicate that you should wager a bet of €10 with odds higher than ½. Also, remember that you need to roll over your money at least five times to release it.

You can benefit from this chance only within 45 days, starting from activating your account.

Betting Options

If you’re not a horse racing or hounds fan, you should think twice before joining this platform.

Number of Sport Games 2
Number of Sport Events 25
Live Events Daily -
Live Events Monthly -
Pre-match Events per Month 2550

RaceBets focuses on niche marketing, and you can only find two games on this site.

Sports Betting

Most online bettors favour sports betting as one of their main choices. Regardless of the city or country, people of different ages can always find teams and players they fancy to bet on their matches or races. RaceBets gives you access to a full range of events for the supported sports, a complete collection of its kind.

Available Sports

As stated earlier, horse racing and greyhounds are the only sports you can find on RaceBets. Although the website lacks a variety of sports, it provides an in-depth collection of these two sports events.

Looking at the website’s left panel, you will see the ‘Current’ and ‘Ante Post’ options next to a calendar icon. You can switch these buttons between Gallop, Jumps, Trot, and Greyhounds to see the available events from different countries.

Sports Competitions, Leagues, and Events

To put it in perspective, the platform supports horse racing events from more than 40 countries, and you can’t find any other bookie close to this range. It supports both Flat and National Hunt racing codes that add to the options you have for betting. Famous events like Aintree, Exeter, Fakenham, and Cheltenham are all fully supported on this portal.

Supreme Novices Hurdle, Champion Hurdle, Matheson Hurdle, and Prix d’Amerique are some of the famous competitions we found on the website for this RaceBets review.

Special Events

Apart from the popular events for each available sport, you can click on the ‘Specials’ icon on the left panel to view the special occasions. Depending on the time of year, you can choose items from the list to wager.

RaceBets Live Betting

While it’s not commonly associated with horse racing, gamblers can enjoy the live betting feature of RaceBets for ongoing events. It’s only available for some races, and you can enjoy the fun and excitement if you have a positive balance in your account.

Live Streaming

The advent of technology has made many things more comfortable and enjoyable. RaceBets offers live streaming, which an excellent option is allowing you to keep track of the ongoing events from different parts of the world.

You can easily access this feature by clicking on the ‘STREAMS’ button on the top row without subscribing to any channel. For races from the US and Canada, the website provides unique streams for every race.

RaceBets Mobile Betting

Mobile phones are now widely used for most of their daily needs. The RaceBets betting site’s mobile compatibility gets top marks since everything runs smoothly on the mobile version. All the menus and betting options alongside the streaming feature are equally available in mobile form through engaging styles and layouts.

Unfortunately, there are no dedicated RaceBets apps for iOS and Android operating systems when writing this RaceBets review.

RaceBets Pros and Cons

  • A niche sports betting platform for horse racing and greyhounds
  • Support of multiple languages
  • Availability of live streams
  • Good bonuses and promotions
  • Massive variety of races from more than 40 countries
  • Support for different payment systems
  • Tempting odds
  • No other sports are supported.
  • No poker and casino options
  • No 24/7 support
  • No RaceBets mobile app for Android and iOS
  • No RaceBets cash-out capability

RaceBets Odds

The RaceBets odds are displayed in Fractional and Decimal formats, most of which are above the average. The website has you covered if you’re concerned about the odds when placing bets on sports. You can enjoy the RaceBets best odds guaranteed for a series of races on offers. These races are available in Ireland, the UK, South Africa, and the UAE.

Sports Historical Odds
⚽ Football 95.38 %
🏀 Basketball 92.33 %
🎾 Tennis 94.21 %
🏏 Cricket 92.12 %
👍 Overall 93.83 %

The races with the RaceBets best odds guaranteed label allow you to take a fixed price on the bets you place. Plus, the larger quantity will be calculated if the starting price gets higher than what you pay.

Contacts & Customer Support

Unlike other old and large bookmakers, there’s no 24/7 support available on RaceBets. However, should you have any issues or concerns, there are plenty of methods to reach out to the support team members.

Support email
Support Phone Number 0808 238 0022 ; +44 203 747 6778 (uk)
Live chat Yes

The live chat feature lets you directly send a message to the support team and receive replies in less than a minute, as indicated on the website. If you want to talk to someone about your problems, you can call +44 808 238 0022 from 8-5 (UK time). The address is also available for email correspondence claimed to be replied to within an hour.

RaceBets Verdict

With this RaceBets review, we believe that the brand is a reliable company to place bets on sports. Although it lacks features, the available services satisfy horse racing and greyhound lovers’ expectations with competitive odds higher than the average ranges.

If you want to experience this website’s features and see everything in action, click on the link below.

Open Betting Acc at RaceBets

Frequently Asked Questions

  • Is Recebets legit?
    Yes, it is. The Betsson Group currently runs RaceBets International Gaming Ltd and holds licenses from different authorities. Malta Gaming Authority, the UK Gambling Commission, the Regional Council of Darmstadt in Germany, and the Irish National Excise License Office supervise this website’s activities and have issued licenses.
  • How to place a free bet on RaceBets?
    You can find and use your free bets within your profile’s ‘Bonus Overview’ section. All the free bets are marked with a green icon to make them distinguishable.
  • How long does RaceBets withdrawal take?
    Based on your payment system, withdrawal requests can take from one to seven days. Transactions through eWallets are confirmed within a day or two, whereas Visa and MasterCard need three to five days. Bank transfers can reach up to seven working days.
  • Still have questions?
    Ask our experts

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Jimmy E
Writer & Tipster

Jimmy is our on-duty tipster and writer. His favorite sports are cricket, tennis, and basketball. If you’re looking for the best betting tips in the business, Jimmy’s your guy. His tips and events previews are among the most read at BetZillion.

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