RaceBets are an online gambling company offering players around the world a number of sports betting opportunities, as well as online casino functions and more.
While RaceBets started business offering predominantly horse and greyhound racing, they have since expanded their betting markets substantially, and a diverse range of markets are now on offer for players to take advantage of. As soon as you land on the site you will notice the quality, and punters are well taken care of from the moment they join.
Although not yet one of the biggest names in online gambling, RaceBets have worked hard to establish themselves as a trusted name. Yes, they may still have a way to go, but players – especially in the UK – are starting to flock to the site thanks to its generous welcome offers, plus the promotions and bonuses that are regularly offered, and the huge range of markets that can be found at the site.
In this post, we’re going to look at the site in detail, examining various core features as well as the betting opportunities on offer.
Sports Betting at RaceBets
RaceBets is solely a bookmaker for Horse Racing and Greyhound Racing; you won’t find any other sports available.
No football, no Cricket, no Golf, nothing.
This may be a big red flag for some punters, but for those who are passionate about the horses and/or dogs, RaceBets is a little gem.
They don’t inundate customers with promotional banners which can irritate and annoy, perhaps because the demographic at Race Bets tends to be an older crowd, who maybe don’t appreciate all the bells and whistles that often come with bigger online bookmakers.
Whether or not RaceBets diversify in the future and add to their market selection remains to be seen, but they appear to be happy with their niche market position for the moment, so it’s unlikely we’ll see any significant changes any time soon.
How Good are the Odds?
While RaceBets offer a fantastic range of markets, with notably high prices on German markets, it wasn’t until recently that they managed to up their game in terms of UK betting. Thankfully, the absence of British betting markets is now a distant memory, and RaceBets offer a great UK range, with some of their prices being far more generous than bookies twice their size.
In fact, their tenacity and determination to break into the sports betting industry has lead the bookie to offer very generous prices on most of their events.
One thing worth noting, however, is that Race Bets can’t be found on any comparison sites; so if you were planning on using these comparison sites to compare the odds, don’t forget to check out the RaceBets site as well – we wouldn’t want you to miss out.
In Play Betting
Due to the fact that RaceBets is a Horse and Greyhound Racing bookie only, there is no need for in-play betting, therefore you won’t find any options for live or in-play bets on the site.
This may be subject to change in the future as they expand their business and add new markets, but for now you will have to go elsewhere for your in-play betting needs.
Despite their small size, RaceBets have managed to build a durable and reliable website, and while it has taken criticism for copy catting some of the bigger brands, it’s actually a good thing for most punters as it means there is no learning curve involved when it comes to using the site.
The top navigation bar is your main tool to move around the site, giving you easy access to different areas including the Horse Racing and Greyhound sections, your account, the cashier, and the support tab.
RaceBets offer an abundance of live-streams – virtually every UK and Irish horse race, in fact – and while we were a little sceptical about the quality at first, we were pleasantly surprised, and the stream proved extremely reliable, retaining a crisp clear picture at all times.
The only issue you may face with the live-streaming is when re-sizing the windows. The website doesn’t appear to like that…
The large help/support section has recently seen an update, making it more comprehensive and including a number of FAQ articles which can resolve some of the commonly asked questions like how to reset your password, and so on.
There is also a stats/data section, where you can view everything from the form of the horses to the ground conditions; a pretty unique feature that most bookies haven’t yet incorporated.
While you would be right to point out that many bookies offer statistical data, most choose only to include small sections in the race card, as opposed to dedicating an entire section of the site to it. Props to RaceBets for doing a thorough job!
RaceBets offer a downloadable app, as well as a mobile ready website for use through your device’s internet browser, allowing as many people as possible to enjoy betting on the go. We will cover the mobile optimised site first.
This is available to all players regardless of the device you own and the OS it uses. As a general rule, if your phone is less than 6 years old and has access to the internet you should be able to run the site just fine, but if you’re unsure, either speak to customer services or just dive in and give it a go.
The downloadable app is available to iOS and Android players. Those using an iPad, iPhone, or iPod Touch can download the app in a few moments from the PlayStore. Nice and easy. Android users, however, will need to undergo a slightly longer installation process, as Google removed all real money gambling apps from its Play Store.
If you’re an Android user, you will need to head to the main site, where you can find the direct download link on their “Mobile Downloads” page.
We love that RaceBets provide such a huge collection of information for its players. It’s almost like a race prediction commentary, but the information is far more in-depth than that, revealing all manner of stats: the form of the horse and the jockey, the track conditions, the handicap information, and a lot more.
It’s a bit like an integrated Racing Post – and while you could also find the same information on Google, having it all in one place is hugely beneficial, enabling you to research, monitor prices, and view the betting options available all in one place; which means no faffing about going between sites.
Fast and Reliable Mobile Betting
One of the biggest issues at racetracks countrywide is long queues, or what could sometimes be more accurately described as mosh pits. This has resulted in many spectators entering the mobile betting world.
Many betting sites, however, offer relatively poor and unreliable mobile services; often lagging out, and using a lot of mobile data just to run the App or mobile site. Not RaceBets – their mobile betting is fast, reliable, and secure. So next time you are at the track and want to avoid the queues, you will struggle to find a better alternative to RaceBets.
Payments & Limits
RaceBets are not one of the biggest bookies online, which is perhaps why their maximum bet is quite a lot lower than many of their counterparts, sitting at just £50,000. It’s certainly not up to the levels seen from companies like Coral and Betfair, but let’s face it, for the majority of players this shouldn’t really be an issue. 50k is still a lot of money!
A maximum payout limit isn’t listed in their terms and conditions, but we would assume there is one. If you need an accurate max payout figure you can contact the friendly support team, who will be more than happy to help you out.
In terms of payment methods, RaceBets offer a number of ways in which you can deposit and withdraw money from your account. Some of the methods you will find include: Bank Wire Transfer, Neteller, Ukash, Visa Debit, Visa Electron, Visa, Moneta.ru, Skrill, EcoPayz, Trustly, WebMoney, and more.
Payout times vary and are dependant on the status of your account and the day/time you make your withdrawal request; but 24 hours is the generally accepted time frame, and it’s rare that it would take longer than this.
History & About
RaceBets is an online bookmaker created specifically to fit the need of horse racing fanatics in the UK. First opening its virtual doors in 2005, RaceBets has been a prominent name in online horse race betting pretty much since internet gambling began. The bookie quickly became a leader in the industry thanks to their high levels of professionalism, the generous odds they offered, and a state-of-the-art website.
While they started out as a German company focusing on German racing, an agreement with German Racing officials saw RaceBets hand over a significant amount of control of the company, and in 2010, the headquarters moved from Germany, to Malta.
This allowed RaceBets to begin the application process for other gambling licenses, and from 2012 the bookie began to accept UK and Irish punters to the site.
Today, RaceBets is still standing strong, and offers horse race betting from an impressive 40 countries. Last year alone, a jaw-dropping quarter-of-a-million horse races were offered on their website, and the summer of 2016 saw them start to offer limited greyhound racing bet facilities to punters as well; although horse racing still accounts for over 95% of the bets they take.
While some players are thoroughly turned off by this specialisation, it’s a brilliant site for those who are passionate about the industry, and not just for the obvious reasons. The company recently agreed to invest some of its profits back into the sport to ensure that it doesn’t die out; something that brought about widespread praise from the gambling industry as a whole.