Our RaceBets sportsbook review is packed full of information including details around the RaceBets free bet for new customers.

As the name suggests, RaceBets are a bookmaker that cater squarely for those customers who are interested in betting on horse racing. There are opportunities to bet on race meetings taking place all over the world, including the United Arab Emirates, South Africa, France, Hong Kong and the United States.

Naturally, customers can also bet on racing in the United Kingdom and Ireland, with traders generally creating competitive prices and that’s particularly the case for the big meetings such as Royal Ascot and Cheltenham Festival.

RaceBets are a reputable operator who are regulated in the UK by the Gambling Commission, with customers able to enjoy a welcome bonus and a host of other promotions which makes them a popular bookmaker across several territories.

Sports & Markets

RaceBets only provide betting opportunities for customers who are interested horse and dog racing, so those looking to place football and tennis bets will need to seek an alternative. However, it’s fair to say that you’re spoilt for choice in terms of coverage when it comes to race meetings all over the world.

RaceBets provide betting markets for the following countries:

  • United Kingdom
  • Ireland
  • South Africa
  • France
  • Hong Kong
  • Sweden
  • Norway
  • Turkey
  • United States
  • Canada
  • UAE

You can also choose from the following types of racing:

  • Flat racing
  • National Hunt racing (jumps)
  • Trotting
  • Greyhound racing

There is an opportunity to choose between current race meetings and Ante Post, with RaceBets offering customers Best Odds Guaranteed when it comes to all UK, Irish, UAE and South African horse racing meetings. Take an early price and know that you will get SP if the latter ends up being bigger.

There are also RaceBets Rewards where an exclusive daily offer is made available to all customers, while there are other promotions called First Fence Fallers and First Past the Post which offer customers increased chances to win when they place bets.

Racebets Deposits & Withdrawals

There is a robust payment mechanism in place at RaceBets, with this operator providing an extensive range of payment methods for their customers to choose from.

It’s a simple case of choosing a payment method that best suits your needs, with debit card options available as well as e-wallet solutions and a wide range of other choices. Racebets don’t charge any fees for making a deposit or a withdrawal, although some e-wallet sites will charge for using that particular method of transaction.

Withdrawals can be made at any time, with customers simply required to click on their username and then click on “Withdraw Funds” which is available through any platform you choose. You should expect to see funds returned within 3-5 working days.

RaceBets Free Bets

The great news is that you can double your first deposit up to £50 when you register a RaceBets account for the first time, with new customers needing to enter the code WELCOME in order to qualify for this generous offer.

How to Claim Up To £50 in Bonuses

  1. Register a new RaceBets betting account
  2. Be sure to use the promo code WELCOME
  3. Make a minimum deposit of at least £10

Once you have completed the above steps, you then need to play through your first deposit at least once. If you deposit £10, then you will be eligible to receive £10 free. If you deposit £50, then you can receive the maximum £50 free.

When this first bet is settled, then you will receive your 100% deposit bonus and this must be played through at least five times at odds of 1/2 or bigger before you are eligible to make a withdrawal. to read more on how to claim your bonus.

Bet £10, Get £20 Claim Bonus 18+,T&C Apply. Begambleaware.org.

Cash Out


There are currently no Cash Out options at RaceBets and this is partly due to the fact that horse racing and greyhound racing betting don’t lend themselves particularly well to the Cash Out facility. Perhaps we will see the situation change as this operator continues to grow.


Customer Support


The RaceBets Help section is well-designed and aimed to help customers gather information quickly and ideally not have to get in contact in order to have their query resolved.


There is a section called the Knowledge Base, with customers able to head to the section appropriate to their needs and hopefully get the answers required. However, there are also several ways for you to get in touch with a friendly customer service representative.


Sending an email to customer support will mean a reply is received within 24 hours, although Live Chat is a good alternative solution and that’s available between 9am and 10.45pm UK time, with response times pretty fast when using this method. Similarly, telephone support is available between these times and that is useful to discuss a more complicated query.


Payment Methods


There is a fantastic range of payment methods available for customers, with the same method required in order to make a deposit and a withdrawal with this bookmaker.


The minimum deposit with each payment method tends to be £10 and that also enables you to enjoy the deposit bonus when you have played through that first deposit, with RaceBets offering a secure and safe process. Here are the available payment options:


  • MasterCard
  • 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
  • netpay
  • Poli