RaceBets Review

RaceBets, as the name hints, is an online platform focused on horse and greyhound racing bets. It kicked off in Germany in 2005 as a local provider and quickly rose to fame, becoming the top bookmaker in the country by 2007. In 2010, RaceBets.com brought the German Thoroughbred Racing Association on board as stakeholders, marking a big move for Germany’s racing scene.

In 2016, RaceBets.com was taken over by the global gambling giant Betsson.com. They decided to keep the partnership with the German Thoroughbred Racing Association intact. After buying it, Betsson tweaked their strategy a bit to boost RaceBets.com’s international presence, focusing more on the European and UK betting markets, but still holding strong in Germany.

Today, RaceBets.com caters to customers around the world. They have licenses in reputable places like the UK, Malta, Ireland, and Germany, all known for their strict licensing standards. To back up their commitment to security, RaceBets.com partners with eCogra, the German Bookmaker Association, and the EU’s Alternative Dispute Resolution (ADR) platform, ensuring that disputes are handled fairly and efficiently.

Rewards & Loyalty Program

RaceBets does not currently have a VIP membership programme, so UK users are denied VIP or loyalty benefits. But that doesn’t mean you can’t get rewarded! RaceBets offers a referral programme that gives you a bonus for referring new active bettors to the site. Even without a VIP programme, RaceBets offers plenty of promotions. They provide welcome bonuses and ongoing offers for everyone, not just newbies, and they all focus on horse racing betting. For full information on RaceBets promotions, check out our in-depth review. Below we’ve highlighted some of the best bonuses and promotions you can find at RaceBets.

• Guaranteed best odds. If you’re a bettor, you’re familiar with this strategy: it promises the best return on your bets. Choose an early fixed price and if the starting price rises later, you’ll get a higher payout.
• Initial Hurdle Price Reduction Offer. This is also for UK and Irish bettors. If your chosen horse falls at the first hurdle, you will get your bet back up to $25. This refund is only available for fixed odds bets per win and only for horse racing. A small catch: you’ll only be able to withdraw the refunded amount once you’ve fulfilled the 3 times bet requirement.
• RaceBets Million. There are no winners yet, but you can win a prize of $1,000,000 by participating in the RaceBets Million. To do so, you must answer 20 prediction questions, such as ‘Will the total winnings at Tuesday’s race at Wetherby be over 16 miles?’. You can answer yes or no and the prizes depend on your answers. Answer all the questions correctly and $1,000,000 could be yours. It’s like a lottery with prediction questions. A $25 bet might be worth a shot.

RaceBets might not have a formal loyalty program, but the promos and rewards keep it interesting. With great odds and a wide variety of horse racing events, there’s plenty for bettors to dive into.

RaceBets Login-Game

Just make a deposit, and you’re in the promotional game! Winners are picked randomly every day, and if the prize isn’t claimed in 24 hours, the jackpot gets bigger. You’ll need to wager 5 times the bonus amount to unlock the winnings, but that’s usually a doable goal, often giving bettors a nice extra reward.

RaceBets casino betting

This betting platform is awesome for racing, covering horse and greyhound races worldwide. You can place bets on European races in places like the UK, Ireland, Germany, France, and Italy, or check out North American tracks in the USA and Canada. With odds and markets for over 250,000 events every year, that’s pretty impressive! Just keep in mind, you can’t bet on sports like football, tennis, MMA, or any non-racing sports here.

RaceBets Racing Wagering

RaceBets boasts the most extensive selection of racing bets online, covering flat and jump horse races, as well as trotting and greyhound racing. You can find odds on competitions happening worldwide, available 24/7. The British racing scene is unmatched, offering bettors the choice between fixed odds or the starting price. Choosing fixed odds is a smart move, thanks to the Best Odds Guaranteed scheme, which ensures you get the SP if it turns out to be higher. For harness racing, you’ll find odds for events in countries like Sweden, Norway, Finland, Spain, Italy, Australia, the USA, and France.

Live Betting & Streaming

Horse racing fans know that the excitement is no longer the same without live betting, which allows you to bet on the course of a race. This type of betting is more exciting and engaging than regular pre-race betting, and is gaining popularity at Australia’s top betting sites. Whilst betting on horse racing is simple, betting on in-play betting requires quick thinking. This is where RaceBets comes to the rescue. Our RaceBets reviews emphasise that it offers real-time betting options that you won’t often find at other online casinos. Not all horse races support real-time betting, but RaceBets allows you to bet on different races and follow others.

From our RaceBets insights, you can catch horse races worldwide with their ‘Live Streams’. As long as your account is funded, you can use RaceBets’ live streaming feature. The stream quality is top-notch, ensuring a smooth and enjoyable viewing experience. With both live streaming and betting available, RaceBets stands out as a reliable choice, and we confidently give it a thumbs up for dependability.

Payment Options at RaceBets

RaceBets offers a range of payment options, including debit cards, eWallets, and prepaid cards. Although there are no deposit fees, it’s a good idea for RaceBets users to double-check with their payment providers to ensure no extra fees pop up.

RaceBets Deposits

• Visa
• MasterCard
• Maestro
• PayPal
• Skrill
• Neteller
• Paysafecard
• Bank Transfer

RaceBets Withdrawal Options

• Visa
• MasterCard
• Maestro
• PayPal
• Skrill
• Neteller
• Bank Transfer

RaceBets Payment and Withdrawal Restrictions

At RaceBets, you can use Paysafecard for deposits starting at just $1. Other options have different minimums: Bank Transfer kicks off at $5, and debit cards, Skrill, and Neteller start at $10, while PayPal begins at $20. RaceBets sets a weekly net winnings limit of €100,000, but there’s no cap on how much you can withdraw. Just a heads up, from the fourth withdrawal in any 30-day period, there’s a 50p service charge.

Security

RaceBets is licensed by the Malta Gaming Authority (MGA) and the UK Gambling Commission, proving its trustworthiness. They work with well-known groups like GamStop and GameCare to promote responsible gambling, cementing their reputation as a safe betting platform. These approvals from respected organizations confirm RaceBets’ integrity. Many reviews show that RaceBets is all about transparency, which boosts their reliability even more.

RaceBets.com Customer Support

If you run into any issues at RaceBets and need a hand, here’s how you can reach out:

• Phone: You can get help in German and English from 09:00 to 18:00 CET every day. Just call 0808 238 0022 in the UK (it’s free!) or +44 203 747 6778.
• Email: Shoot your questions over to [email protected].
• Web form: Fill out the online form on the RaceBets site, and their team will get back to you.

The customer support team is friendly and aims to help quickly. So far, there haven’t been any problems. My one interaction with them was great; it was a simple question, but the support was fast and efficient.

RaceBets Layout and User Experience

The RaceBets platform is designed to be simple and good-looking, making betting easy and straightforward. Instead of using bright colors, it sticks to a subtle palette of yellow, black, and white. The site loads quickly, and the buttons are super responsive. A handy feature is the automatic betting slip that pops up on the side when you pick a bet, showing your stake and potential returns before you finalize it. At first, the user interface might seem overwhelming because of all the options available. It looks like the designers wanted to give quick access to all sorts of betting markets, which might feel a bit much at first.

When you first visit the site, the homepage displays different sections for specific types of betting, like upcoming events, daily highlights, and futures markets. It can be a bit much at first, but once you get the hang of it, it becomes a great tool for quickly finding what you’re looking for, whether it’s the next races or futures. The main downside is that there’s no search feature to easily find specific races. Adding a search function to the RaceBets site to directly look up particular venues or horses would be really helpful.

History

RaceBets started in Germany back in 2006, with 40% owned by the main group running German gallop races. Fast forward to 2016, Swedish Betsson Group bought it and reinvested the money into Germany’s horse racing facilities. Betsson, which kicked off in 1963 and is listed on the Swedish stock exchange, is a big name in Europe’s online gambling scene. RaceBets sticks to horse racing and avoids sports and casino betting. This is because a German gambling law from 1922 requires separate entry points for horse racing bookies and sports betting operations.

RaceBets App

Currently, RaceBets doesn’t offer a dedicated mobile app for iOS or Android, which is a bit surprising since many horse racing fans enjoy betting on the go or at the races. But don’t worry! The RaceBets mobile site is optimized for smartphones and tablets, so you can easily add a shortcut to your home screen and use it just like an app. Since RaceBets focuses solely on horse and greyhound racing, the mobile site keeps things simple, making it easy to find the races you want.

RaceBets Advantages & Disadvantages

Advantages

• Wager $10 to receive a $20 Welcome bonus
• Extensive selection of greyhound betting markets
• Enhanced odds through promotional deals
• Access to live streams from RacingUK and Attheraces

Disadvantages

• Lacks 24/7 Live Chat support
• Exclusively dedicated to racing, not covering other sports

Conclusion

RaceBets is a go-to bookmaker for horse racing enthusiasts, doing a fantastic job in this niche. They offer a wide range of races from all over the world, plus tons of live streaming options and cool promotional deals for racing fans. While a dedicated mobile app would be a nice addition, their mobile-friendly website works great for most users. If you’re into betting on horse races, especially international ones, you should definitely check out what RaceBets has to offer. Haven’t signed up yet? Click the link below to create an account and grab the welcome bonus for new users at RaceBets.

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