RaceBets Full Overview

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RaceBets Review

RaceBets has established its name in the greyhounds and horse racing industry with incredible growth in just a short period. The fans of horse racing will quickly find out that this bookmaker stands out thanks to some specific betting options that aren’t typical for all the competitors.


Registration

registration in racebets
Reistration form in RaceBets.com

To be eligible for using the services that RaceBets offers, you must first apply for an account and then register online. This must be done personally to avoid any misinformation. There are also things you might want to consider before applying for an account. Here are as follows:

  • You must be of legal age (18 years old). Keep in mind that gambling under the authorised age is a violation of the law.
  • The account that you are to have will be for your personal use only and is prohibited from being used commercially.
  • You must not be a resident of the United States of America neither a citizen of the said country. Accessing RaceBets’ sites and services under governance which prohibits betting and gambling shall never be tolerated.
  • You, as an account holder under RaceBets, shall be responsible for any payment, record, and obligation in the certification of any charges, taxes, and fees under your jurisdiction regarding the services offered.
  • It is also your responsibility to ensure that your personal information is correct, complete, and updated. Once there is a change, it must be immediately updated and notified.
  • RaceBets reserves the right to request or ask copies of particular documents once you register.
  • Withdrawals that have cumulatively exceeded the amount of 2,300 Euro shall only be permitted to be processed once the client’s age, identity, and residence are confirmed.
  • A customer shall only be allowed to have one account. Multiple accounts will be closed.

Register here


Activating and Verifying your Account

To follow some regulations, RaceBets is requested to validate their customer’s identity. They have the right to ask for copies of particular documents such as valid photos or identity cards, passport, driver’s license, and other documents that state the legality of one’s age. Bank statements and references will also be requested.

The implementation of this process is done by the regulator. The Maltese Gaming Authority (MGA) shall be responsible for the verification of each client’s identity.

Forgotten Password

The easiest way of retrieving your RaceBets account is to contact the customer service team via phone or via email so they could assist you for further procedures.

Moreover, you can also do the retrieval of your password by yourself. You can simply go to RaceBets’ official website and click the Login button at the upper right corner of the website’s homepage. A popup box will appear. From there, click Forgotten details? below the yellow Login button. You will then be redirected to a page where you can either request for a new password or retrieve your username. Simply fill in the boxes on this page with the necessary details, and you will be able to retrieve your old details or use a new one.


Website Review – Design and menus

racebets homepage
View from RaceBets homepage

RaceBet’s official website has an attractive black and yellow theme. The tabs are cleverly organised at the top part. The layout of the site is simple, making the website very easy to navigate. In a nutshell, the simplicity of RaceBet’s website makes a significant advantage.

What is it?
RaceBets is a renowned and trusted bookmarker for online horse and greyhound racing. It offers markets in 40 countries around the world. With a goal that sets a clear message to offer good and quality betting experience, RaceBets guarantees an extraordinary betting experience.


Betting Markets

As said, RaceBets offers a huge number of markets for betting. Here are some of the features RaceBets offers under these markets:

  • Ante-post
    This is the price offered on the day of the race. This is offered before the event and on the event. The bet has a chance to be voided if you leave the odds on the website during the Ante-post Entry.
    If your selection failed to participate, you would be clearly marked as Non-Runner No Bet (NRNB) on your market
  • Early prices
    Early prices are mostly offered in Ireland, Germany, South Africa. They are usually used when odds are present.
  • Head-to-head offerings
    Head-to-head offerings can be offered on particular races when there is an available match-up. Fixed odds will be offered once either of the horses reaches the finish line ahead of another one.
  • Special bets
    Special bets are bets that are posted with fixed odds. The rules of each special bets may vary depending on how clear the outcome will be.

Are the Odds Higher?

There are different odds in a horse betting event. Here are the common odds in RaceBets events:

  • Fixed odds
    These types of odds are offered for special races and on selected kind of races. You will surely receive a price even if the bets are shortened when the bet has been made.
  • Starting prices
    At the time when the race has begun, these types of odds are offered when a horse has prevailed on the course. You may be unaware of the odds you are about to receive when you make a starting price. The odds may not be revealed until the fixture is successfully underway.
  • Tote odds
    These are wagers that are transferred by RaceBets to the Totalisator pool. This is also known as Parimutuel Betting. This is the type of betting when together, bets are placed into a pool
  • .

Similar to SP, you will be unaware of the odds you are about to receive. Odds that are displayed on the column of the Tote serve as a guide on the current market.


Up to €50 RaceBets Bonus

RaceBets' Welcome Bonus Sport

A new and exciting opportunity awaits new customers on the website of RaceBets. This welcome bonus is active for players from Germany, India, Japan, Malta, Maurituis and Norway.

Terms and Conditions:
  • A minimum of €10 must be made for the qualifying deposit. Deposits via Neteller, Paysafecard and Skrill don’t qualify for this type of bonus. Pre-paid credit cards don’t qualify for this bonus.
  • To be able to avail of the bonus in making a bet, place a wager of at least €10 as a single bet with minimum odds 1/2 or as an Each Way Bet with the same values. Besides, you have to fill in the code WELCOME upon entering the section of the promo to activate the cash for the welcome bonus. You are eligible for this bonus within the period of 45 days from the starting day you have made your account.
  • This promo funds come with a wagering requirement of five times. You are obliged to fulfil these terms within 30 days after receiving the offer.
  • Existing account holder shall not be qualified for this bonus.
  • The bonus can’t be used in conjunction with any other offered accounts that are open.

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Horse Racing

The horse racing odds in RaceBets are genuinely good. However, odds can be changed between fractional and decimal amounts. Moreover, the most significant feature in RaceBets’ horse racing is the users’ ability to convert the stats between metric and imperial measures.


Greyhounds

RaceBets has a huge variety of greyhound racing markets. For greyhound racing, players have a €25,000 maximum winning limit. Certainly, this is an abundant winning limit.


Live Betting

A horse race can never be exciting if there are no bets placed upon the runners of the race. Betting is simple as it only requires you to think of what the outcome of the race should turn.


Live Streaming Feature

Before, you had to have a television and a good channel to watch a race. Fortunately, with the advent of technology, things have become more convenient for the audience. RaceBets has a live streaming feature that allows players to watch the matches they have put their bets on.


Cashout option

RaceBets has a closed loop policy to secure its customer’s account. This requires the funds to be withdrawn back with the exact method you used in depositing. So meaning, if you have used Skrill in depositing, then use Skrill in making your cash out.


Deposits and withdrawal limits

RaceBets takes responsible gaming seriously. They allow customers to limit their bets personally. You can see this in the limits and exclusions tab accessible on the website. It would begin from the moment you set them of the basis of rolling. You have the choice to set them daily, weekly, or monthly. Once they reach the limit, they are set back to begin again.

Payment MethodDeposit MinimumDeposit MaximumTime for Deposit
Visa LogoVisa€10Not specifiedInstant
Neteller LogoNeteller€10Not specifiedInstant
Skrill LogoSkrill€10Not specifiedInstant
Paysafe Card LogoPaysafe Card€1€1000Instant
MasterCard LogoMasterCard€10Not specifiedInstant
PayPal LogoPayPal€20Not specifiedInstant
Maestro LogoMaestro€10Not specifiedInstant
Direct Bank Transfer LogoDirect Bank Transfer€5Not specifiedInstant
Payment MethodWithdrawal MinimumWithdrawal MaximumTime for Withdrawal
Visa LogoVisaDepends on your activityDepends on your activityUp to 5 Working Days
Neteller LogoNetellerDepends on your activityDepends on your activityUp to 5 Working Days
Skrill LogoSkrillDepends on your activityDepends on your activityUp to 5 Working Days
Paysafe Card LogoPaysafe CardDepends on your activityDepends on your activityUp to 5 Working Days
MasterCard LogoMasterCardDepends on your activityDepends on your activityUp to 5 Working Days
PayPal LogoPayPalDepends on your activityDepends on your activityUp to 5 Working Days
Maestro LogoMaestroDepends on your activityDepends on your activityUp to 5 Working Days
Direct Bank Transfer LogoDirect Bank TransferDepends on your activityDepends on your activityUp to 5 Working Days

Mobile version and apps * Not available

mobile version of racebets

The mobile app of Racebets is a convenient way to monitor your account on RaceBets, so you won’t be able to miss out a chance of winning. The live stream feature is also an inclusion for the mobile version where you can easily watch matches.


RaceBets affiliates

RaceBets’ affiliate program provides banner media in different languages and tracking links. They offer a commission of up to 35% of the affiliate’s net revenue.


About RaceBets

RaceBets is an online bookmaker that has recently launched as a sports betting company in the industry. As its name suggests, it solely focuses on horse and greyhound races. Despite being a rookie in the online betting industry, it has amazingly created an outstanding reputation throughout the years.

RaceBets has initially been a renowned bookmaker called Be-at-home which was founded in 2006. For almost 3 years, they stayed beside Be-at-home until they decided to become independent in 2009.

The results have become favourable for Racebets for they have been soaring high since then.

Upon becoming independent, their operational base was transferred to Malta so they could take full advantage of the taxation on the companies that offer gaming. Their license was issued by the Maltese Lotteries and Gaming Authority. Moreover, the German Racing Association partly owns them as well. With this, RaceBets had the opportunity to expand more.

Customer service

Should you have any questions or concerns, you can reach RaceBets’ support team at [email protected]. Simply fill out a bet slip question and they will contact you within 24 hours.


Contacts

You can contact RaceBets in many ways. However, their customer service isn’t available 24 hours a day. Nevertheless, you can contact the management via:


Conclusion and Rating

With the overall review of RaceBets, one can conclude that it is a reliable betting company. It may not be as great as any other betting companies, but it certainly offers satisfactory services. Still, RaceBets lacks in many aspects. Unlike other websites, it only offers racing events. Also, this betting company does not focus on their customer service. For players, this is a heavy setback. Overall, RaceBets deserves a 8/10 rating.

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