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RaceBets Review India 2020

Is RaceBets Scam Or Legit?

Here at MyBet.com we truly are experts in all fields of sports betting and casino gambling. We like to test more broad platforms as well as niche-focused websites that do exactly what they say on the tin, such as RaceBets.com.

Unlike other RaceBets Reviews, we understand the interests of customers from across the world. That’s why in this review we’ll answer all of your questions regarding RaceBets’ Indian race offerings and cover the exclusive Indian Deposit Bonus. Additionally, we’ve thoroughly scrutinized and reviewed their site as a whole.

RaceBets Pros & Cons
  • Dedicated racing betting site
  • Races from over 40 countries including Indian horse races
  • Exclusive RaceBet Deposit Bonus for Indian Customers
  • Excellent live streams
  • No other sports offered or RaceBets Casino available
  • No downloadable RaceBets App

Bonus Offers & Free Bets

Bonus offers come in all shapes and sizes and are used by operators to attract new customers and to keep their loyal customers happy. Examples of some different types of bonus offer include free bets, matched deposit bonuses and cashback on losses. However, bonuses aren’t straightforward freebies. Terms & conditions such as wagering requirements and limited odds are used by operators to protect the bonuses from being abused or used fraudulently.

RaceBets Deposit Bonus India

You may have read some other RaceBets reviews out there that speak about the welcome offer for UK customers or the fabled RaceBets Casino bonus. However, at MyBet, we’re here to talk about the deposit offer that’s available exclusively to Indian customers only.

Firstly, Indian customers can also claim the welcome offer, which gets you a £/€10 free bet when you deposit and bet the same amount. Just remember to insert the bonus code W20 after completing your first RaceBets login to claim this bonus. The good news is that with this bet there are no wagering requirements. However, as part of RaceBets’ fraud prevention, your qualifying bet must be placed on odds of at least 1/2.

Once you’ve claimed the above RaceBets Reviews welcome offer, you can then claim the exclusive Indian Deposit Bonus on your deposits thereafter. With this offer, RaceBets give you a 5% bonus on all of your deposits. For example, if you deposit £/€100, RaceBets will give you £/€5 free. As part of RaceBets’ scam & fraud prevention with this bonus, your bonus amount needs to be wagered 5 times on minimum odds of 1.50 before you can withdraw any winnings.

Note: 

You may notice throughout our RaceBets Reviews, that all prices are listed as £/€. This is because those are the two currencies that RaceBets operates in. When making payments into your account as an Indian customer, your deposits will be converted into one of these two currencies 

Is there such a thing as a RaceBets Casino Bonus?

In short, no, unfortunately not. No matter what you might’ve read in some other RaceBets reviews out there, they do not offer a casino bonus. RaceBets is a site exclusively dedicated to race betting and no other sports or forms of gambling. While there’s no RaceBets casino, you can check out our Rizk Review and our UniBet Review if you’re looking for a genuine casino bonus.

Usability, Look & Feel

Here at MyBet, our aim is to test and scrutinize betting platforms more fairly and thoroughly than any other RaceBets Reviews. So, let’s take a look at what we found when testing the RaceBets website. 

Overall, the RaceBets website is cleverly designed in a classic sportsbook sort of way. It’s extremely easy to navigate and find everything you need. For example, on the left-hand side of the page you’ll find a widget where you can find all of the races, both current and ante-post, divided into the countries they are taking place in. When it comes to actually placing your bet, the process is seamless and can be done in just a few clicks. Additionally, all of the information is clearly displayed and easy to read. Your login and account details are always displayed on the left-hand side of every page.

Bonuses, Deposits & Withdrawals

Finding all of the RaceBets bonuses and wagering info is easy, as it’s all contained within the “Promotions” tab. Information on deposits and the RaceBets withdrawal time for each payment method is easy using their Help Center. You can access the Help Center by clicking the “Help” tab on the top search bar. Actually making deposits is simple, and withdrawals are OK, provided you follow their guidelines.

Design

The colour scheme of the RaceBets site is black white and golden yellow. This gives the site an overall classic feel with a modern twist. The tool on the left-hand side of the homepage allows you to easily filter and search different types of races. In our experience the website loading times were snappy and without any lag. One negative here is that there is no downloadable RaceBets app. There is, however, a RaceBets mobile website, which works almost as well as the desktop version.

Payments

As you may have read in many other RaceBets reviews, they offer an extremely wide range of deposit options. These include all major credit/debit cards, bank transfers and e-wallets. The one major exception is American Express as they do not allow their accounts to be used for gambling purposes.

RaceBets doesn’t charge any form of deposit fees with any payment methods, however, your provider may charge fees at the other end. In terms of limits, the minimum and maximum vary depending on your payment method. For example, the limits for debit and credit cards is £/€10 minimum and £/€5000 maximum. With Neteller the minimum is the same however there is no maximum.

Withdrawals with RaceBets can be straightforward, but there are a few things you should know. As part of their heightened security policy, you can strictly only make withdrawals using the payment method you used to make your deposit. If you’ve used more than one deposit method you’ll have to balance each deposit method.

PayPal
Paysafecard
Credit Card
Astropay
Giropay
+ 4

Customer Service

This perhaps doesn’t get the weight and attention it deserves in most other RaceBets reviews. If their impressive help center doesn’t answer your questions, RaceBets can be contacted via 3 different customer service channels. Namely, these are email, phone and the RaceBets live chat. Their customer service is available in both English and German. The downside here is that there is no 24/7 customer service, not even via the live chat. They are available from 10am – 11.45pm European time, which can make things a little tricky for Indian customers.

The best way to contact them is via the RaceBets live chat, with almost instant response times and useful answers. For more wordy or serious enquiries, email is a decent channel as they generally respond within the hour. If you actually want to speak to a customer service representative, you can’t call the number and speak to one straight away. Instead, what you have to do is arrange a callback, within the hour. This is a little bit irritating however is more cost-effective when contacting them from India.

License & Security

Is RaceBets legit? Yes 100%, we’ve found absolutely no reason to believe that RaceBets is rigged in any way. Additionally, from what we’ve seen most RaceBets reviews from their customers agree. How can we back this up? Let’s take a look at the evidence below. 

From a legal point of view, RaceBets is licensed by the Malta Gaming Authority and the British Gambling Commission. As two of the top tier European gambling regulators, this is just what we would’ve asked for before writing our RaceBets Reviews. In terms of security, RaceBets has passed the 10 steps to cybersecurity and their connection is completely protected by 128-bit SSL encryption. With this in mind, you can be sure that your data is stored securely. They fully verify accounts by cross-referencing them with the payment accounts in order to protect minors and strictly comply with international anti-money laundering laws.

Additionally, we’ll provide you with some information that other RaceBets reviews tend to leave out. RaceBets go the extra mile when it comes to supporting responsible gaming. Rather than simply having the responsible gaming badge, RaceBets also provide links to GamCare and GamStop. Respectively, these sites help people with gambling problems and their loved ones with advice and provide the tools needed for people to control and regulate their own gambling. On top of all that, the RaceBets help center has a section dedicated to responsible gaming.

MGA - Malta Gaming Authority

Rewards & Loyalty Program

As many other RaceBets reviews note, RaceBets is a fantastic dedicated race betting platform with a plethora of offers for existing customers as well as their enticing welcome offers. To keep their loyal customers happy, RaceBets offer best odds, win bonuses and refunds if your horse falls. Additionally, they have special betting pools, their Bash the Bookie league table and a refer a friend bonus.

For Indian customers, the best of these bonuses is the 5% cashback bonus on every deposit that we spoke about earlier. As well as that, there’s also the Indian Win Bonus. What this gets you is 10% extra on any winnings made in an Indian race. Effectively, this means that if your horse wins in an Indian Race you get an extra 10% on your win amount. The maximum stake amount for claiming this bonus is £25.

While RaceBets do have plenty of promotions and incentives to keep existing customers happy, they don’t have a dedicated VIP programme at the time of writing. However, with everything else they have available, we’d argue that they don’t need one. Additionally, they are a specialist racing website, which many RaceBets reviews note already gives them an air of exclusivity.

Racebets Sports Betting

Betting Markets

As the very name suggests, RaceBets is a betting site that focuses exclusively on horse racing. Other RaceBets reviews may simply leave it at that, but we’re going to dig a little deeper. If you’re a horse racing fan, then this site quite possibly offers the most horse racing events and betting markets anywhere on the planet. As well as the famous horse racing events in the UK, Ireland and the US, you’ll also find more niche horse racing events in the likes of Brazil, Malta and Turkey. For use over here in India, Racebets offers markets on all Indian horse races alongside some attractive promotions, including a 10% winners bonus on Indian races.

As well as horse racing, there’re also plenty of markets offered on greyhound racing. While these may not be quite as impressive as the amount of horse racing markets on offer, all of the main events and more are there to be found. Overall, if you’re a racing fan you’ll love the betting markets here. Especially as there are no other sports nor a RaceBets casino to clutter up the website and provide distractions. If you’re looking for a wider range of sports, then check out our 10Bet Review and Bet365 Review.

Odds

First of all, RaceBets offers the best odds guaranteed on all UK, Irish, UAE and South African horse races. Additionally, their fixed odds are extremely competitive and they are particularly strong in the ante post-market. When you access the RaceBets website from India, the odds are displayed in decimal form as default. Not many other RaceBet reviews have noted this, but switching the odds format isn’t as easy as it is with some other sites. To do so, you have to scroll all the way down to the bottom and click on the settings icon. Once you’ve done so, you can only choose between decimal and fractional. American odds aren’t an option, unfortunately.

Live betting & streaming

With RaceBets, live streaming is available for the majority of the 250,000+ races they show each year from over 40 different countries. In fact, we’d go as far as to say this is probably the best website for horse racing streams anywhere on the internet.

In terms of live betting, racing fans will be very much aware that this is an extremely difficult service to provide with horse and greyhound races. This is due to the fact that races happen so quickly and are generally over before you could realistically place a bet during the race. What you can do instead, as other RaceBets reviews note, is place pre-event bets right up and until the moment the race starts.

Limits

RaceBets have certain limits and reserve odds applied to all of their betting markets. The countries offered are divided into 4 categories, with each of these having different reserve odd and maximum winning limits. With lower stakes, the reserve odds and winnings limits stay the same across all categories, however, with high stakes the winnings are capped much higher for category 1 & 2 races and much lower for categories 3 & 4.

To clarify, category 1 includes the tracks in countries such as the UK, France, Germany and UAE, while category 4 includes all Indian tracks among many others. The overall weekly winning limit for every customer across the site is €100,000 per week with no exceptions. As part of their responsible gaming initiative, customers can also set their own stake and loss limits.

Product Summary & Conclusion

If you’re a big fan of horse racing, then this is absolutely 100% the betting site for you. As the only betting site that’s dedicated exclusively to horse racing, you won’t find better odds or promotions anywhere else on the internet. However, if you’re a big horse racing fan who also likes a flutter on a range of other sports, then you’ll need to open an account with another betting provider as well as RaceBets.

It’s no accident that RaceBets don’t offer any other sports, so there’s no chance that they’ll be offering any other sports just to appease some more general bettors. Additionally, with RaceBets, casino punters are never likely to find any joy. But if RaceBets you’re thing, this is the betting site for you, no doubt about it!

99/100
Rating
100% up to 2500₹
Deposit Bonus
|
Redeem ComeOn Bonus

Overall Conclusion

And thus concludes the best of the RaceBets reviews on the internet. Overall, if you’re an Indian horse racing fan, then this is the provider you’ve been looking for. As well as their exclusive focus on horse and greyhound racing, there’s also the exclusive Indian customer offers and Indian race win bonuses to consider. Add to that the best odds, slick website plus the easy to use platform and you truly do have a winner! If you do also bet on other sports, then why not open an account with another top provider as well as RaceBets. Basically, if you know your horses, you won’t want to miss out on this site!

99/100
Rating
100% up to 2500₹
Deposit Bonus
|
Redeem ComeOn Bonus

Racebets Reviews FAQ

❓What is the Racebets welcome offer?

Racebets will be putting on a range of sign up offers for new customers. However, the brand will be changing its special offers every now and then. As such you might get anything from a deposit match bonus to a matched bet offer. Read our Racebets reviews to see what welcome bonuses could be waiting for you.

✅ Where can I find an honest Racebets review?

There are many Racebets reviews on the internet. However some of these reviews might not be too helpful. This is because they might be outdated or aimed at customers from other countries. But by reading our Racebets reviews, you’ll get to see exactly what kind of betting service this brand has for you. Our reviews provide you with an in-depth look into each operator.

👤 Is there a Racebets live chat service?

Racebets hosts a variety of helpful customer support options. All of these customer service options should give you an easy way to get your betting queries resolved. Be sure to read our Racebets reviews where you’ll get to see whether you can contact the brand via live chat, email or telephone hotline. 

🏆Is there a Racebets best odds guaranteed deal?

Racebets is well known for putting on a range of excellent betting bonuses and special offers. Some of these may give you the best odds on the market, while others will simply give you extra betting funds to play with. By reading our Racebets reviews, you’ll get to see exactly what kinds of special offers you could pick up.

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