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Racebets is an online bookmaker that is aimed squarely at punters who like to bet on horse racing. There are no other sports on offer for you to bet on at Racebets, so it is sensible to look elsewhere if you like to bet on things other than the horses. Having said that, there is a great diversity of options available to you at Racebets if you like horse racing. You can bet on races from countries all over the world, including India, the USA, and Turkey as well as the UK and Ireland. There are options to bet on races from over 40 countries, in fact, with 250,000 events covered every year. The brand is part of the huge Betsson group and was founded in 2005.
In this article, we’ll take a look at the offer that new customers can claim. We’ll tell you whether there’s a Racebets free bet no deposit offer too. Read on to discover more about Racebets and the bonuses that they offer to new and established customers.
So what does the welcome offer actually give you? We’re going to have a closer look at it in this main section of the review. You can find out what you actually get when you claim the offer, as well as any restrictions around it.
First, it’s important to tell you that the welcome offer is not a Racebets free bet no deposit bonus. You do need to make a deposit in your new account to claim the bonus. This is because you need to place a first bet worth with a stake of at least £10 with minimum odds of 1/2 in order to claim the bonus. You have to do this within 45 days of signing up for an account. The minimum first deposit that you must make in your account is £10. This amount is stipulated in the terms and conditions. You can place a bigger bet than £10, of course, but you need the funds in your account to cover the amount that you stake.
In return for that initial £10 bet, you will receive £20 worth of bonus bets. These are credited to you as two bonus bets worth £10 each. You cannot use these bets on just any horse race, however. The two bets can only be used on races that are taking place outside of the United Kingdom and the Republic of Ireland. You can only use the bonus bets on certain types of wager too, which is something that we’ll look at in more detail for you later on in this review.
So once you have claimed the bonus, what can you use your extra bet on? We’ll tell you all about that in the next section of this review. There is a reasonable degree of flexibility around this bonus, even though it is not a Racebets free bet no deposit bonus.
When it comes to using the bonus, you cannot place any multiples with your extra bets. You can only wager on the standard to win or each-way bets. This condition rules out accumulators, Yankees, Trixies, and other multiples that are popular with horse racing punters. This should not place too much of a restriction on many punters, though. If you are the type of keen horse racing punter that uses a site like Racebets then placing to win and each-way bets is no kind of restriction at all, really.
As we have outlined above, you can also only use the bonus on races that are being run outside the UK and Ireland. As well as broadening the focus of your pre-race research, you can also spend more time checking out the odds on races from abroad. Look out for horses with which you are familiar too.
The most important thing to consider about the welcome bonus is that you can only use it on races outside of the United Kingdom and the Republic of Ireland. The best way to deal with this restriction is, as with most issues you will face in betting, to broaden the scope of your research. In order to make the best possible use of the extra bets that you can claim from the offer, you will need to be knowledgeable about horses, courses, trainers, and jockeys from other countries. It is a very good idea to do this research before you place wagers using your extra bets. You do not need to become an expert on the entire sport of horse racing in the USA, for example, but it would help to pick up a bit of extra knowledge about specific horses or tracks.
We’ll look at how you can work around and within more of the restrictions in the next section of this review. But another important thing to consider is that you need to use a bonus code to claim the offer. The code is Bonus Code W20 and you can find it in the terms and conditions section of the offer’s details at the Racebets website.
Any offer from a bookie will always have restrictions in place around it. Bookies need to protect their profits, after all, and bonuses are there to bring new customers in, not just to give extra bets and other benefits away for nothing in return. This bonus, however, is not overly onerous when it comes to the restrictions in place around it. We have already outlined a few of these for you, but we’ll go into more detail about other restrictions now, and give you some tips about working within them.
You should also remember that you do need to put money in your account to claim the offer. This is not a Racebets free bet no deposit offer. In truth, no deposit bonuses are pretty when it comes to the type of offers that sportsbooks provide to punters. If you are already an experienced horse betting punting then you will be used to keeping your account topped up with cash.
You should also note that your bonus bet stake will not be included in any winnings that you might pick up as a result of using your bonus. This means that if you place a £10 bet using your bonus at odds of 2/1, you’ll receive £20 as winnings, rather than the £30 you would receive if you had made your wager using cash. You just need to be careful about the odds on your wager if you want to work within this restriction.
Another important restriction in place around this bonus relates to the payment methods that you use to fund your account. You cannot claim the offer if you favour using certain methods to fund your account. These methods are mainly e-wallets. If you use Paypal, Skrill, Paysafecard, prepaid cards, and Neteller then you cannot benefit from this offer. The best way around this restriction is to use a debit card from Visa or Mastercard. Not only are these methods accepted at almost every online bookie, including Racebets, but they also offer superb levels of safety and security should any complicating issues arise with your funds.
These restrictions are not that onerous, and this lack of stringent wagering requirements and similar restrictions is another reason that we recommend that you take a serious look at Racebets as your horse racing bookie. Of course, while horse racing is more than adequately covered at Racebets, other sports are not. If you like to bet on a wide range of sports then the best thing to do is to have an account elsewhere. That does not mean that you cannot keep your account at Racebets, of course.
In addition to the welcome offer, there are other bonuses in place that you can claim from this operator. None of them is a Racebets free bet no deposit bonus, however. All of the other offers at Racebets require you to place a bet of some kind. One really appealing bonus is the First Fence Faller offer. Every horse racing punter knows how frustrating it can be when your selected horse falls at the first fence in a big race. Racebets appreciate this and will refund your stake up as a bonus bet up to a maximum value of £25 if this happens to you.
There are also two offers that are aimed at punters who like to bet on races from specific countries. If you like to bet on races from India, then Racebets is offering a 10% winning bonus on all Indian races, up to a maximum of £25. The 10% applies to winnings and is subject to the wagering requirement of 5x. There is also a bonus for fans of American racing. If you bet on a qualifying American race, your stake will receive a 5% boost, up to a maximum of £30 per race. This is also subject to a 5x wagering requirement.