In an industry filled with companies looking to offer as many services as possible it’s refreshing to find a true specialist bookmaker. RaceBets made their name for focussing only on horse racing and greyhound racing. There is no sign of that approach changing and, as you’ll see in our RaceBets review, that approach has produced a world class bookmaker with a very generous welcome bonus.
Horse racing and betting have always gone hand in hand. Increasingly though, the biggest online bookmakers have worked to offer as much of a comprehensive selection of betting markets, promotions and products. That is where RaceBets are different. They focus solely on horse racing (in its various forms) and greyhound racing.
By keeping their laser-like focus on racing, the German bookmaker have perhaps the best selection of horse racing markets and information for punters anywhere on the internet. RaceBets also partner with the racing industry to reinvest funds back into the sport. That’s an approach that began in Germany but is something that RaceBets have continued with as they’ve expanded into other countries.
RaceBets’ expansion caught the eye of larger betting operators and the company was acquired by Betsson in 2016 for €34 million. Betsson have a number of brands and are using their industry expertise and financial power to grow the RaceBets brand internationally.
RaceBets Free Bet Welcome Bonus and Promotions
Taking bets solely on horse and greyhound racing may seem a bit limiting to some bookmakers but it has its advantages. RaceBets know their customer better than most of their competition and are able to tailor their promotions accordingly.
The RaceBets free bet welcome bonus is a great example of this. By offering to double new customers’ first deposit up to a maximum of €50 they provide customers with the opportunity to win big from a relatively modest amount by doing what they love – betting on the horses!
To take advantage just visit RaceBets via one of the links on our site and enter the promo code WELCOME when opening your new account. Then make a deposit and stake a first bet of at least €10. When that first bet has been settled, RaceBets will credit your account with the bonus cash worth the amount of your first deposit and bet (max €50) which must be wagered five times (minimum odds 1/2) before it can be withdrawn as cash.
Long standing RaceBets customers will know that is far from the end of the offers they provide. RaceBets provide regular money back offers for the biggest flat, National Hunt and international races, refunds if the horse you’ve backed loses by a nose and a 5% winning bonus for selected USA races.
Interface and Appearance
RaceBets’ aim is to be the number one destination for horse racing betting on the internet. Do to that they absolutely must have a top class website and it’s fair to say that they pass that test.
The first thing you notice is that the RaceBets website looks great. It’s based on the company’s orange, black, grey and white colour scheme that you’ll find throughout their branding and uses fonts that are very clear and easy to read.
The website is also set out very well. The top bar navigation menu has links to the key areas of the RaceBets site, there’s a long list of countries that RaceBets offer racing odds on down the left whilst the right hand side is dedicated to your individual account and betslip. You can quickly bet on the biggest races and most popular horses of the day direct from the main section of the site which also details current promotions.
RaceBets’ dedication to horse racing is evidenced by some excellent previews and tips as well as general information for those who may still be learning about the sport of kings. The race cards for each individual race are as detailed as you’ll find with any other bookie and getting a bet on is a doddle thanks to the hard work that’s gone on behind the scenes to make the website fast and reliable.
Betting Markets and Odds
With over 250,000 races every year, RaceBets offer prices on the most comprehensive selection of horse races that you’ll find on the internet. They claim to take bets on races from three times as many countries as their nearest competitor so it is fair to say even the most demanding horse racing punter will find their needs catered for.
The odds offered throughout the RaceBets site also stack up well. Whether you’re looking to get the edge in the fast moving moments just before a race or are more of an ante post punter, you’re sure to find a value bet with RaceBets. It’s easy to place multiples across meetings or play the exotics in individual races while the best odds guarantee means there are no worries about taking the price.
Live streaming is no longer a 'nice feature to have' for bookies who are trying to provide a world class service. Thankfully, RaceBets pass this test with a great selection of streams from races around the world. As well as being able to watch the action as it unfolds, it’s possible to watch replays of races for those who like to do their own research.
RaceBets know that by trying to be the best at what they do they are going to have some demanding customers. The modern punter wants the option to be able to bet on the move and RaceBets are up to the challenge with a very well designed, fast and reliable mobile site. Alternatively, you can download the RaceBets mobile app for either iOS or Android devices which is similarly feature packed and easy to use.
Cash out is one area in which RaceBets can improve. It’s not a feature that’s particularly associated with horse racing betting but being able to trade in and out of ante post positions particularly would be very helpful.
License, Security and Customer Service
RaceBets is a German company but, like many other online bookmakers, the website is actually operated by a Maltese registered company. RaceBets International Gaming Ltd is licensed and regulated by the Malta Gaming Authority but they also hold licenses in other territories in which they operate including the Republic of Ireland from the Irish Revenue Commissioners.
The various legal hoops that RaceBets have to jump through are complicated for them as a company but they ensure that customers are treated fairly. If you feel as though RaceBets have not acted fairly during your time as a customer, there is a well defined and easy to follow dispute resolution process to go down.
Most problems will be sorted with a quick chat to RaceBets’ customer service team. You can get in touch with RaceBets via a form on the contact page of their site or via their support line which is open seven days a week.