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Racebets Review 2021 – Our rating and experience with Racebets sports UK

Zuletzt aktualisiert & geprüft: 14.03.2021

Our review of:Racebets
Reviewed by:
Go to Bookmaker

Racebets is specifically designed for horse-racing. The bookie started in 2005 and quickly became the market leader in it’s home of Germany. An agreement with German Racing made them a major shareholder and ensured that Racebets’s profits were invested back into the sport. The company moved to Malta in 2010 and in 2012, Racebets opened up to the British and Irish racing betting market.

With horse races from 40 countries, there is much for horse-racing enthusiasts to explore. In fact, there are over 250,000 races for punters to bet on every year. While horse-racing is the primary focus, greyhound racing is also available on Racebets and there is an interesting Racebets bonus too.

The result of the OpenOdds Racebets review: The best horse-racing-specific portal out there

As a niche site specifically known for horse racing (as well as also being invested in greyhounds), it is known as an important portal for those types of punter. It has a much greater offering for horse-racing than other online bookmakers and a nice Racebets bonus to help you along. The industry partnerships help boost its brand equity among its stakeholders. Users also have great access to the data and statistics needed to make the most informed bets. OpenOdds has awarded a Racebets rating of 71 out of 100 for our overall online bookmaker comparison. It is the 50th most popular mobile site among all bookmakers which shows that there is a lot of traffic on this niche bookie.

Erfahrungen mit Racebets: The most comprehensive horse racing bookmaker on the market

  • An incomparable number of horse races offered on the market
  • Its exclusive focus on horse and greyhound racing is ideal for expert race punters.
  • Bonuses for novice and experienced bettors.
  • A wealth of information to use when planning your betting strategies.
  • Lots of live streaming of races.
Visit Racebets and open account now

Detailed Racebets Sportsbook Review | Rating report: your home for horse racing

We’ve arrived at the most important section of our review. As in every review you’ll find on OpenOdds,this is the section where we dive deep into the best online bookmakers. Here are the ten categories we use to thoroughly analyse all of our bookies:

01.Bonuses:A generous offer with extra bonuses to boot!

Racebets' Bonus Program8/10 Punkte

  • Welcome bonus available
  • Qualifying bet of £10
  • 100% return
  • Minimum odds of 1.5
  • Bonus code WELCOME
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Racebets reviews agree that the Racebets’ bonus is a great way to be welcomed into the community. The qualifying bet you need to make is £10, and once you place your qualifying bet, you’ll get 100% back. That’s right: a 100% first deposit welcome bonus. In order to qualify for the welcome bonus, there’s one important thing to note about how the money needs to be deposited into your Racebets account. It can’t be done via prepaid credit or debit card, nor using Paysafe, Skrill nor Neteller. Also, the bet must have odds of at least 1.5 or more.

How can you access the welcome bonus? When your open your account, and make your deposit through the qualifying payment methods, you must enter the WELCOME bonus code in the bonus section. The time-frame is very comfortable: you have 45 days from entering the bonus code and placing your qualifying bet to take advantage of the opening offer.

Remember, before you can withdraw all of your winnings, you need to roll over the money five times before it gets released for your personal use.

Our Racebets review found that there’s a whole array of other sports betting bonuses available to you for all types of races once you’ve used up your welcome bonus

02.Customer services:It’s not 24/7 but you’ll hear from them within 24 hours

Racebets' Customer Services7/10 Punkte

  • Helpful, friendly staff
  • Support from 08:00 to 17:00
  • Comprehensive FAQ available
  • Expect a response in 24 hours
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First, the bad news: unlike larger bookmakers, there’s no 24/7 customer service. The good news: there are plenty of ways to get in touch with them and the services offered do make up for that one caveat. From 9 AM to 6 PM CET European time (8 to 5 in the UK), customers will be able to speak to the Customer Service team on live chat or over the phone to handle any possible doubt you may have and get the help you need to make the most out of their services. If you find yourself playing when they’re not around, fear not: all email queries are typically answered and sorted out within 24 hours.

03.Sports covered:If you don’t fancy horses or hounds, this won’t be your betting ground

Racebets' Sports Coverage6/10 Punkte

  • Only two options
  • Horse and greyhound racing
  • Plenty of depth
  • Truly a niche bookmaker
  • Partnered with racing authorities
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There are only two games around on Racebets: horseracing and greyhound racing. It’s truly a niche bookmaker. What they lack in variety they make up for in the depth they provide in the sports they do focus on. In this case, the specificity of the product is perfect for those who are truly invested in betting on horses and greyhounds. Given that they have partnerships with racing authorities in the UK and Germany, it ensures that Racebets is in the know through all of the nooks and crannies of the racing world.

04.Payment methods:Plenty of ways to deposit and withdraw

Racebets' Payment Methods10/10 Punkte

  • Credit and debit cards accepted
  • PayPal support
  • Withdrawal fees are tricky
  • Number of e-wallet options
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Besides bank transfers, there are a flexible number of safe options for Racebets deposit and withdrawal. Visa and MasterCard are the credit card companies accepted, but there are a number of other payment methods at your disposal too, such as PayPal, Skrill and Neteller. You can also use a Paysafe card as well. The minimum deposit depends on the way you pay, ranging from £1 (Skrill) to £20 (PayPal). Across all payment methods available for British consumers, there’s only a deposit limit for Paysafe card users, set at £1,000. As for withdrawals, as long as the money in your account is not obstructed by any type of bonus, then you’re able to withdraw part or all of your balance. It does get a little tricky when you use multiple payment methods; you have to level off each of the methods you use before you’re able to decide where you want your withdrawal to go to. You’ll typically get your money in 72 hours. One last piece of advice: certain withdrawals have some fees. If the withdrawal is under £5, you’ll be charged £1.50 to offset the costs of processing a withdrawal. On your fourth withdrawal or more within 30 days, there’s a 50p handling fee, and a £15 fee on any bank transfers that are not under SEPA.

05.Security:Is Racebets safe?

How safe is Racebets?9/10 Punkte

  • SSL encryption
  • Reviews security protocols frequently
  • Safe and secure site
  • Endorses responsible gambling
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Is Racebets safe? Racebets boasts the GlobalSign SSL encryption, which ensures that all of your personal and payment information is safe while punting on Racebets. It’s one of 2.5 million certificates issued worldwide. We’re pleased to say that Racebets reviews security procedures regularly in order to create a safe and secure online gambling environment.

06.Betting odds: Best odds guaranteed on horse racing? There’s a bonus for that

How good are Racebets' odds?9/10 Punkte

  • Best race odds guaranteed
  • Each bet will be labelled
  • Always get paid the larger quantity
  • Some bet methods are not guaranteed
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Are you always worried about whether your sportsbook has the best odds available for the events you want to wager on? For those of you who bet on horses and have this fear, you’re in luck. Our Racebets review uncovered a special set of races on offer on Racebets that qualify all UK users for Best Odds Guaranteed.

On all races that have the Best Odds Guaranteed Label in the UK, Ireland, and the United Arab Emirates, and you end up taking a fixed price on your bet, and if the SP price (or starting price) ends up being higher than the one you pay, you’ll get paid the larger quantity. This only works for same-day bets on races, so for those of you who prefer race-day betting, this is truly an odds guarantee you can get behind. But remember, Ante-Post, Tote/Pools, Place Only, and Match Bets don’t qualify for the guarantee.

07.User-friendliness:The web page is definitely your friend

How easy is Racebets to use?8/10 Punkte

  • Great interface
  • Similarly structured to competitors
  • All offers at your disposal
  • Mobile site available
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Our RaceThe interface is definitely one that won’t frustrate you. Since it’s similarly structured to a lot of the big multi-purpose bookies out there, there’s no steep learning curve involved when adjusting to the site. You have everything available on the top bar: the slate of the current day’s racers, all of the offers at your disposal, the streams, and of course the statistics and data that is a hallmark of what Racebets offers. A big plus is that the Help button is right at the top of the page instead of hidden in the footer. You’ll be able to get to all of your questions answered in an easy manner. While there are no separate betting apps for download, there’s a mobile site that’s available for you to use on your mobile or tablet.

08.In-play product:You needn’t bother because it doesn’t apply

Racebets' Live Betting Service5/10 Punkte

  • In-play option available
  • Variety of markets on offer
  • No live streaming
  • Bet as the action unfolds
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Since racing bets don’t require any type of in-play product option, Racebets naturally doesn’t have any type of in-play product available. However, if you prefer to bet at the last minute, you can check out the “Today” and “Ante-Post” options once you enter the Racebets site to see the closest thing racing has to in-play products. Depending on the market you choose, and what’s available, there 14 different types of bet to choose from throughout Racebets.

09.Other products: All racing, all the time

What else does Racebets have to offer?1/10 Punkte

  • No casino games
  • Just the racing provided
  • Room to grow
  • Focus on those 2 sporting options
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Just like we mentioned again in “Sports Covered,” the menu of products is straightforward: horseracing or greyhound racing. There are no casino games, live poker, or any of the other perks that other online bookmakers have to encompass all aspects of betting. This might be a positive for you, if you like to stay focused on the one event and consider yourself a racing expert then there’s nothing bad to be said about the selection on offer. However, for most people the lack of variety could be off-putting, because you don’t have the opportunity to take a break and try something new without leaving the site.

10.Bet limits:Simply a minimum, no maximum, but limits on winnings

Racebets' Betting Limits8/10 Punkte

  • No betting limits
  • Weekly winnings capped at £100 000
  • Then capped for race categories
  • Minimum bet of £0.50
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While there are no betting limits, there are some maximums on winnings. There is a weekly net winning limit of £100,000. There are also some limits per race. For horse racing, it’s based on the category of race: for category 1 races you can win up to €200,000, €100,000 for category 2, and €25,000 for categories 3 and 4. For greyhound racing, there’s a blanket maximum winning limit of €25,000. As for the betting minimum, it’s 50p. For a more in-depth look at all of the winning and limits regulations, you can have a look at the Racebets Terms and Conditions. You can set your own betting limits from the deposits within 1 and 28 days, losses you’re willing to incur during a 1- or 28-day window. You can also set a time-out window of up to six weeks, and if you want to self-exclude yourself, you can do so for up to 5 years as a UK resident.

Our Verdict of Racebets:Great bonuses available

Our review of:Racebets
Reviewed by:
Go to Bookmaker

If you’re keen to simply focus on racing, there’s no better place to make wagers than on Racebets. There are plenty of opportunities to capitalise on bonuses, not just when you join with the Racebets bonus, as well as all of the information you need to create optimal horse and greyhound betting strategies. You’ll be sure to reap the rewards of betting on races in 40 countries, plenty of races with best odds guaranteed, and an interface that makes it easy to wager and withdraw big money wins.

Go to Racebets and open your account

Racebets: Opinions & Experiences of actual users

feedbackDo you agree with OpenOdds’ Racebets sportsbook review? Or maybe you’ve had a completely different experience than we’ve had? In any case, we want to hear from you: the good, the bad, and the ugly. Your opinion matters to the entire OpenOdds community, not just to those of us who keep the website running. That’s why your help makes what we give you much better and helps us build our dedicated community of users. We want you to be able to bet on the horses that will give you the biggest shot at a handsome payday, so what is your Racebets rating?


open racebets account

UK's Top 50 Bookmakers April 2021
Bonus Amount
/ 10
Up to£100
in bet credits
New Customers only. Up to £100 in Bet Credits. Sign up, deposit £5 or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.
/ 10
Up to£30
Up to £30 William Hill bonus
New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply. *By entering the Promo code in the box above you agree to the full terms and conditions of this promotion as displayed below.
/ 10
Up to£0
Up to £10 Smarkets bonus
1. Once the bonus is credited to your account, losses will be refunded up to the bonus amount. 2. You must deposit at least the qualifying deposit of £20 (or currency equivalent) in a single amount with your first deposit to be eligible for the rebate. 3. To withdraw rebated funds, you must bet at least the qualifying deposit on any combination of markets within the promotional period; otherwise rebated funds will be forfeited. 4. Unused bonuses expire after seven days of being credited to a user account and will be removed after this period. 5. Users making their first deposit by Skrill, Neteller, PayPal or a virtual/prepaid card will not qualify for this promotion. 6. The sign up offer is strictly limited to one per individual, family, household address, email address, same payment account number, and shared computer. 7. This promotion cannot be used in conjunction with any other sign-up promotion. 8. Smarkets standard terms for promotions apply.
/ 10
Up to£30
Up to £30 Betway bonus
New UK & Ireland customers only. Min Deposit: £10. First deposit matched up to £30. 1 x wagering at odds of 1.75+ to unlock Free Bet. Debit Card & PayPal deposits only. This offer is valid for 7 days from your new account being registered. Terms apply
/ 10
Up to£30
Up to £30 Paddy Power bonus
New customer offer. Place a single £10 (or £5 e/w) Sports bet in the 13:45 York on Friday, 21st of August and get a £5 free bet for each of the subsequent race. Deposits using Credit/Debit cards or Apple Pay only. Free bets are only valid for the specified race and are awarded when the qualifying bet has been settled. Free bet stakes not returned with winnings. T&Cs apply.
/ 10
Up to£30
£30 Welcome Bonus
18+. New depositing players on STSbets.co.uk only. Promotion from 11/02/2020 until further notice. First deposit min. £10. Qualifying bet: min. £10 accumulator bet with at least two selections with min odds of 1/2 (1.50) per selection. Bonus: 50% of the amount of the first bet. Max bonus £40. Min 6x wagering with bonus on min odds of 1/2 (1.50) before withdrawal. Deposit method restrictions. Bonus valid for 7 days. Full T&cs apply. BeGambleAware.org.
/ 10
Up to£30
Up to £30 888sport bonus
New customers only • Max Bet €5 • €10 deposit using promo code • Free bets are granted within 72 hours and expires after 7 days • Free bet stakes not included in returns • Deposit balance is available for withdrawal at any time. withdrawal restrictions & full T&C’s apply.
/ 10
Up to£10
Up to £10 Novibet bonus
18+ | UK new customers only | KYC verified | Max £10 free bet | Min bet £20 | Min odds 7/10 (1.70) | Free bet stake not returned | Certain Markets/sports/payment methods restrictions apply | Qualifying bet must be made within 30 days | Free bet valid for 30 days | T&Cs Apply | General Promo Terms Apply
/ 10
Up to£30
Up to £30 BetVictor bonus
New Customers only. Deposit and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Sports/Virtual Sports Free Bets, valid on set events only at odds 2.00 or greater, expires in 7 days, plus a £10 Casino Bonus, expires in 7 days. Wager the Casino Bonus 35x to withdraw winnings. Payment Cards only. Geographical Restrictions and T&Cs Apply.
/ 10
Up to£20
£20 Risk-Free-Bet
New customers only. Deposit £20 using Debit Card, bank transfer or Trustly. Up to your first £20 of losses will be refunded as CASH within 24 hours of qualifying bet having been settled.
/ 10
Up to£10
Up to £10 Grosvenor bonus
/ 10
Up to£100
Up to £100 Paddy Power bonus


Too many good offers?