Last Updated on Wednesday, 10th Jun 2020
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RaceBets Bonus Code 2020

Claim your Racebets Promo Code now!

A German firm founded in 2005, RaceBets are best odds guaranteed on all UK, Irish, UAE and South African horse racing. Their bold decision to focus just on greyhounds and horses for the sportsbook is a gamble that’s really paid off as the site contains markets for 40 countries and has a truly global focus. RaceBets received a real surge in 2012 when opening themselves up to British and Irish audiences and hold licenses through the Malta Gaming Authority and UK Gambling Commission.

Read on to find out more about RaceBets and the RaceBets bonus code.

Introduction to RaceBets Bonus Offer

You might well think delving into the small print of the sign-up offer and knowing when to use the RaceBets bonus code means things look a little more complicated here than some other similar promotions. Don’t worry though, we’re going to analyse the terms and conditions more closely so you’re in no doubt as to what you need to do and when, and how long you’ve got to do it!

Eligibility: New customers in the UK and Ireland aged 18 and over who deposit via compatible methods and place bets that meet the wagering requirements – both before and after activating the bonus – and clear it within the timeframe are eligible for the RaceBets horse racing sign up offer.

Withdrawal: You can withdraw your initial deposit and any winnings made at any time, but in doing so will forfeit the bonus. The wagering requirements to activate the RaceBets welcome offer are to stake and settle all your initial deposit. Those to clear it are 5x the bonus total (£50-£250).

Activation: Only after playing through your initial deposit amount of £10 minimum and having all bets settled should you use the ‘WELCOME’ RaceBets horse racing bonus code for new customers. You are then to enter this in the bonus section of your account to receive the offer. Make sure you remember to use the RaceBets bonus code.

Payment Options: With the exception of being resident in India and Japan, customers cannot get the welcome bonus if they use Neteller, Paysafecard and Skrill. Other eWallet services are eligible, alongside all debit cards but prepaid ones. UK customers cannot use those in conjunction with this offer.

Timeframe: You have 45 days from completing registration to clear all wagering requirements relating to this offer. Once you have played through your initial deposit and activate the bonus, you then have 30 days to clear that but, to be clear, this will not extend the overall timeframe beyond 45 days.

Betting Markets: No restrictions are placed upon betting markets in relation to this offer. However, you cannot take a price shorter than 1/2 (1.5) either before or activating the welcome bonus. Bets at such odds will not count towards clearing the wagering requirements and you could risk forfeiting the offer.

Tips on How to Use the Racebets Sign Up Bonus

Learn plenty about horse racing form

There’s nothing else for it; you have to study horse racing closely if you want to turn a profit. Trusting entirely to luck isn’t a sensible betting strategy, so become a wise punter by taking as many factors into consideration as possible. Is a horse you’re looking at a previous course and/or distance winner? What going suits a horse you fancy best? Can the breeding of a horse tell you anything about its potential to step up in trip for the first time? Could a horse come on for its last run? If it’s been off for a while, will a horse strip fitter for the outing or does it go well fresh? Does a horse come good at a certain time of year or perform best at a particular racecourse? The more data you can gather in relation to questions like these, the better your betting should be.

Make betting specials work for you

When you’ve got a horse racing specific bookmaker offering promotions on a daily basis like RaceBets, it’s essential to turn those to your advantage. Their best odds guarantee is extended from just covering the UK and Ireland to races in the UAE and South Africa. There’s extra value to be had on events of international significant, then, like the Dubai World Cup. Some of the other offers have wagering requirements attached to them, so factor that into your betting strategy. There’s every incentive on Sundays to back horses at big prices at odds of 10/1 and over because of the bonus you receive if they win. Getting money back on your net losses is also great value, so make sure you meet the wagering requirements here to get your bets that don’t win covered to some extent. The key thing is to make sure these betting specials work for you.

Top 5 Expert Tips to Take Advantage of the Racebets Offer

Frequently Asked Questions About the Racebets Bonus

Additional Rewards & Loyalty Programs

Racebets Sports Bonus

Bonus Intro

We’re reviewing RaceBets horse racing joining offers. Want to get your hands on their 100% match first deposit bonus? We’ve got all the details for you and be aware that, unlike other new customer promotions, you need to enter the RaceBets horse racing promo code ‘WELCOME’ in the bonus section after gambling the amount of your first deposit. You can start off with as little as £10, while the maximum matched amount is £50. There are terms and conditions, including wagering requirements, to follow for the RaceBets sign up offer, so all in good time we’ll take you through those. By looking at this sports betting bonus from all angles, it gives you help when deciding whether to take advantage of it or not.

Reality Test; Wagering the Bonus

There are wagering requirements to follow before you even activate the RaceBets horse racing sign up bonus. Whatever cash amount you have deposited upon signing up, that must be played through in full at minimum odds of 1/2 (1.5) and all bets have to be settled. It’s at that point when you use the WELCOME code as the RaceBets bonus code in the bonus section of your account to activate the offer. You’ve then got 30 days to clear the wagering requirements of 5x the bonus amount on bets of no shorter than 1/2 (1.5). You could have to gamble as little as £50 but no more than £250 in the timeframe. The bonus must be cleared within 45 days of completing registration, which might come before 30 days of activating it.

Bonus Withdrawal

While you’re free to take funds out of your RaceBets account at any time, if you do so before the bonus is activated or clearing the wagering requirements attached to it you’ll forfeit it. That’s an important thing to remember. On top of that too, it’s great to give you a refresher on what payment options are available to you in conjunction with the welcome offer.

Certain payment methods aren’t eligible for the RaceBets new customer offer. Just to remind you, those are Neteller, Paysafecard and Skrill unless you’re resident in India or Japan. UK and Irish customers cannot use a prepaid credit card either, but others and debit cards join popular eWallet services like Paypal as an accepted option. Broadly speaking, the more modern the method you choose to use, then the faster you’ll be able to withdraw the bonus as digital options tend to deliver within 24 hours.

Pitfalls & What to Avoid when Claiming the Bonus

Don’t bet on sports you don’t know

The beauty about RaceBets is only punters who like greyhound and horse racing are going to bet with them because that’s all they offer. If you’re not into those sports, then they’re not for you. Only sign up if there’s sport you’re interested in. Never bet on things you don’t know.

Don’t jump the gun with best odds

RaceBets are best odds guaranteed for all UK, Irish, UAE and South African horse racing, but only on the day of race in question. If you take what looks a tempting ante post or early price before raceday, then you’ll miss out on bigger starting prices. Weigh this up carefully.

Don’t forget about each-way bets

Sometimes in horse racing value just isn’t there in backing a short-price or odds-on favourite, but that doesn’t mean you can’t have a bet in the race. Most of the time someone has to finish second and so each-way betting can still turn a profit, especially in big field handicaps.

Bonus Conclusion

RacBets sportsbook provides a rather different take on the traditional welcome bonus. You’ll find that requirements for this bonus can be rather steep . If you’re looking for a more convenient, accessible bonus, you might want to look elsewhere. Check out some of our other bonus reviews. However, if you like what you’ve read, sign up with RaceBets and enjoy the experience!

Overall Conclusion

Using the RaceBets horse racing promo code ‘WELCOME’ after you’ve wagered all of your initial deposit is an unusual way of going about setting a welcome offer up. You’ll just have to stay level-headed and remember to enter the RaceBets bonus code. The wagering requirements could also be quite large at a maximum of £250 in 30 days. If you’re not a serious gambler, then make sure your first deposit is a smaller amount. There’s flexibility in that regard with this firm as you can put in as little as £10.

As this is a horse racing and greyhounds only bookmaker, you have to like or follow these sports for RaceBets to be any good to you. If you have any wider gambling interests, then they can’t cater for those but that might not be important. The best odds guaranteed extended to include the UAE and South Africa, a range of daily racing specials and great live streaming service can all be yours through RaceBets.

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