Year established: 2005
Mobile compatible: Yes
Overall rating: C+
Recommended: For recreational players
With the name RaceBets, and a logo with sporting a horse and jockey, it is obvious that the bookmaker focus their attention on the horse racing market. The site proclaims that it is “the most-comprehensive horse betting experience that can be found online.”
RaceBets was founded in 2005 as a subsidiary to bet-at-home.com, and by 2007 they had established themselves as the largest racing bookmaker in Germany. As a result, German Racing Association became significant shareholders (40%) in the bookmaker. By 2009 RaceBets became fully independent from its parent company.
RaceBets International Gaming Ltd. now operates out of Malta and is licenced and is regulated by the Malta Gaming Authority (MGA). They also hold a licence in the UK, which has been issued by the UK Gambling Commission.
As a result of the German Racing Association’s influence there is no direct sponsorship deals, and instead a portion of the revenue is put back into the lucrative horse racing industry, supporting Jockeys, breeders and racing teams.
RaceBets are partnered with Oddschecker.com, At The Races, Racing UK, and the aforementioned German Racing.
In terms of social media, RaceBets have a very limited presence on Facebook, but instead focus their attention on Twitter where they enjoy having over 13 thousand followers who are updated regularly on advice and exciting promotions.
With markets in 40 different countries, RaceBets has wagers on a staggering 250,000 different races each year. The odds offered are very competitive, especially for the UK and Irish markets, and unparalleled in their comprehensive coverage of international racing.
As well as a focus on horse racing, there is also a huge market for greyhound racing.
Due to the sites markets being solely in horse and greyhound racing, there is obviously no need for a live betting facility. Instead they have a platform allowing players to look at races in their ‘Today’ and ‘Ante-Post’ menus, covering the events coming up.
RaceBets offer live streaming to players with the minimum deposit amount in their account. They cover races from all over the world with full coverage of races in the USA and Canada, and in 2012 RaceBets got access to full coverage of UK and Irish horse racing markets. They stream hundreds of races per day.
Usability of the site
RaceBets’ site is very well designed, sleek and a pleasure to use. They operate in German, English, French, Spanish and Italian languages giving them access to a huge wealth of players across Europe, Africa and the Americas.
The site is incredibly simple to operate even for the newest of players, and RaceBets offers a very in-depth search engine for a current statistics on horses, and very user friendly and well-designed mobile support.
If there are any issues or queries, RaceBets have good customer support via phone, particularly for English and German speakers, 7 days a week. They also have e-mail support for all players and a very responsive live-support facility.
In terms of payment methods, RaceBets have a good range of options including Skrill, Neteller, PaySafe Card and even the less common PayPal. The site have a great range of offers and promotions with currently 15 on offer, including a 100% welcome bonus up to £50.
Racebets stands out in a hugely competitive industry, and its focus on racing allows it to attract very particular kinds of players. With its excellent design, comprehensive horse racing markets and good odds, RaceBets is a great choice for any racing enthusiasts.
– Racebets are best known for the manner in which it covers horse and greyhound racing online;
– Better fixed odds in horseracing from around the world compared the bigger bookmakers;
– Best odds guaranteed on all UK and Irish horse racing;
– Live streaming of almost every race throughout the world;
– 100 percent new customer bonus;
– Extensive information and statistics on the website;
– Regular tips, blogs and previews for upcoming races;
– Detailed form guide for horse, jockeys and trainers;
– Easy-to-navigate interface with detailed betting options;
– Specialized and friendly support;
– Numerous deposit options.
– No other sports besides racing;
– Only good for customers that want to bet on horse racing;
– Low bet limits for some events;
– Fees for certain payment options;
– Restricted in some countries.
Visa/Mastercard, Skrill (Moneybookers), Bank Transfer, eNets, iDeal, Neteller, NetPay, Nordea, paysafecard, Poli, Postepay, Przelewy24, Sofortuberweisun
*Keep in mind to double check information. Be prepared for changes to restricted countries, bonuses, currencies, deposit and payment options, languages, contact info.