RaceBets is one of the most specific betting websites around, because as the name suggests, they focus almost entirely on horse racing markets and don’t cover anything else. Greyhound racing is one rare exception, although it still fits with the theme, and you’ll find a few tracks offered on the site each day.
While RaceBets definitely isn’t for everyone, it’s one of the most comprehensive horse racing sites offering the best range of bet-types for horse markets. It’s no surprise then that it’s become one of the most trusted and reputable names in its field, despite only being around for just over a year.
In this post, we’re going to take a look at the company, and study some of the contributing factors as to why so many players have chosen to join.
Bet & Jet Club
The ‘Bet & Jet Club’ is a new promotion that allows you to get a number of free bets each week to use on an event of your choice.
It’s pretty easy to get started, all you need to do in order to qualify is place bets totalling at least £25 each day and you’ll be rewarded with a £5 free bet. This can be used on almost all horse races available at the site. There are very few rules as to which bets qualify and which don’t, so as long as your bets are win only bets you’re pretty much good to go.
The bonus is usually credited instantly but it can sometimes take a couple of hours; once it’s in your account you can use it the next day. There’s no limit to the number of day’s you can claim the bonus bets, so every day of the week there’s another £5 up for grabs.
The RaceBets Website
While some would dismiss RaceBets simply because they don’t offer any non-racing market, those who do bet with them are using one of the better designed sites around. A clear, simplistic, and easy to use interface ensures that it doesn’t take long to find the horse meeting you’re looking for.
One of the features we particularly like is the country selector on the left-hand side of the page; this is essentially a navigation menu for different countries. You can click the country you’re interest in and a drop-down menu will appear featuring all of the races about to take place in that country.
Another notable feature is the ‘Today’s Highlights’ section, which showcases five of the day’s top races from all over the world. Alongside each race you’ll see the three starting favourites with the odds displayed alongside, so it’s easy to add these bets to your betslip and get in on the action in seconds.
The final thing we want to point out is the ‘Editorial’ tab at the top of the page. Click this and you’ll have access to expert picks and race predictions, and in the site’s own words:
“Our experts continuously analyse interesting races from abroad so that you are always a step ahead when you are betting – whether it be in France, South Africa, USA or Hong Kong. The RaceBets.com experts help you with your bets every day by giving you our three favourites for every important race. We wish you a lot of fun and good luck with your bets!”
Despite their relatively small size, RaceBets offer a surprisingly large number of deposit and withdrawal options.
You’ll find over 20 deposit and withdrawal methods including: MasterCard, Visa Credit Card, Visa Debit Card, Visa Entropay, Paysafecard, PayPal, Online bank transfer, Neteller, Skrill Moneybookers, Maestro, Diners Club, Bank transfer, Solo, Nordea Sweden, eNets, Przelewy 24, iDEAL, Carta Si, Postepay, Laser, Sofortbanking, Nordea Finland, net pay, and POLi.
There are no fees to use any of the above, although it should be pointed out that if you’re using an EWallet such as Skrill, Neteller, or PayPal, you may incur fees their side.
You may also find yourself paying a fee (and often quite an expensive one at that) if you use your credit card for gambling. This is down to credit card companies viewing gambling transactions in the same light as cash transactions, and this will often see you paying interest, so be careful. In general, it’s best to avoid using a credit card.
RaceBets are one of the only bookmakers we’ve come across that actually allow you to withdraw without veryfying your account. Their terms and conditions state:
“If you have not verified your account with us, you will have withdrawal limits on place on your account. These limits depend on your account activity and we strongly recommend that you are proactive and verify your account with us as soon as possible to prevent any withdrawal limits.”
While it’s a little dubious as to whether you could actually withdraw without submitting any documentation as proof of ID/address, it’s right there in the terms and conditions – so it looks promising for those who bag a big win quickly and want to cash out.
In order to gain access to full withdrawal capabilities, you will want to eventually verify your account which can be done by uploading documents into your ‘My Account’ section.
Withdrawals at RaceBets are processed in around 24 hours, although they do state it can take up to 72 hours in busy times. This does appear to be an absolute maximum though, so you can realistically expect your withdrawals processed in around a day.