RaceBets Free Bet Guide — Does RaceBets Offer A Free Bet?

Welcome to our RaceBets review, where we’ll scrutinise the bookmaker’s website looking for all their best features. If there’s a deal to be had on the RaceBets desktop site or mobile, you’ll know about it. We’ll discuss the RaceBets sign up offer Goodwood and Cheltenham fans rave over, see if we can find any RaceBets free bet deals and compare odds with other reputable bookmakers. And, of course, if there’s a RaceBets bonus code you can be sure we’ll find it! By the time we’re finished with our RaceBets review, you’ll know whether the bookmaker is a good choice for your betting pursuits. But first, let’s familiarise ourselves with the site’s history.

RaceBets has been around since 2005, and by 2007 had become the largest bookmaker in Germany. It has various international licences, including one from the Malta Gaming Authority. This should come as some comfort for UK players as Malta is one of the most reputable gambling licenses in the world.

RaceBets only offer one sport on their website – horse racing, with over 250,000 different races available to bet on each year. The site is also home to racing enthusiasts and specialists alike, so you’ll find plenty of race statistics, tips, and a knowledgeable blog, too.


What Is A Free Bet?

If you’re not sure how to tell if you’ve found a RaceBets free bet or not, there’s a simple way to be sure: If you have a RaceBets free bet, no deposit will be necessary. While some bookmakers may claim to offer free bets, they will often require an initial outlay, so they are not actually “free”. This is known as a deposit bonus and may commonly give 100% back to the player as a matched bonus. So, for example, a £50 ‘free’ bet will be given if £50 is deposited first, leaving £100 in total to play with.

Sometimes bonuses will be accompanied by a bonus code. The welcome bonus given to new RaceBets players requires them to type in the RaceBets promo code WELCOME when they sign up with their first deposit. However, this is not a RaceBets free bet as a minimum deposit is required to access the deal.

Some bookmakers will also run a casino on the same gambling site. In this case. you may find promotions offering extra spins on slot games. The slot machine is usually pre-determined by the site and is designed to gain interest in a specific game. Extra spins may accompany other bonuses too, such as a casino welcome bonus.

Head to RaceBets today and claim your bonus

Does RaceBets Offer A Free Bet?

Chances are that if you’re reading this you’re keen to know if there is a RaceBets free bet offered on the bookmaker’s site. Sadly, there is no current free bet offer, but who knows what the bookmaker will add in the future. However, RaceBets do have plenty of other deals suitable for UK and Irish players, so let’s not rule them out just yet.

Take, for example, the RaceBets welcome offer that we touched on a little earlier. To get this bonus, you need to sign up on the website for the first time and make a deposit. The minimum deposit you can add is £10. This deposit will be matched up to a maximum of £50 providing you type the RaceBets bet code WELCOME into the bonus code box on sign up. Remember, this is not a RaceBets free bet code because you need to add funds to your account.

There are a few terms and conditions attached to the bonus, which we’ll touch on in a moment, but it’s important to note that you can only have one offer per customer. This means one offer per family, household address, email address or shared computer.


The RaceBets Free Bet Bonus In Detail

Now we’ve established there is no RaceBets free bet offer, we should focus on the welcome deal at hand. It’s one of the simplest deals we’ve seen, with minimal restrictions on the type of bets you can place with your matched funds. Odds are also good. You are allowed to place your bet token on any odds of 1.50 (1/2) or more. We’re impressed at the low outlay needed to receive the bonus – just £10 will get you the deal. This is matched in its entirety by the bookmaker, doubling your bank roll with ease.

Here’s the in-depth information on the RaceBets sign up deal.


The bonus you are awarded depends on your initial deposit. You can place as little as £10 in your account or go all the way up to the maximum £50. The amount you put in the account is matched, so a £30 deposit would award you with another £30 to spend. The bonus funds will only be given to you once you make a wager using your first deposit. After you deposit and a wager has been made, you need to return to your account and type in the bonus code WELCOME to receive your funds. Your initial bet must be settled to claim.

Play-through Requirements

When you make your initial deposit, you cannot use Skrill, Paysafecard or Neteller. That doesn’t mean you’ll struggle for payment choices though. You can make a deposit using a credit or debit card for your bonus; with that complete, further payments can be deposited by whichever method you prefer. Once registered, you have 45 days to claim your bonus (and remember: you need to place a bet before you can use the WELCOME code in your account). The bonus cash needs to be turned over 5 times before you can withdraw it. You can, however, decide to withdraw money before the bonus has been rolled over, but you’ll lose any remaining bonus. Only bets with odds of 1.50 or above will count towards your wagering requirements.

Sports Available

The choice of sports are horse racing or…horse racing. However, just because the sporting selection is a one-horse race doesn’t mean you’ll be suffering from boredom. Over the course of a year, you’ll have the chance to bet on over 250,000 different races. That’s the largest selection we’ve ever come across during our time researching bookmakers’ sites. The races come from all over the world. We’ve seen races listed in the UK, France, Sweden and Norway, as well as further afield in countries such as Turkey, India, South Africa and Australia. You’ll also find special promotions to cover specific events, such as Cheltenham and the Epsom Derby.


What Other Bonuses Are Available At RaceBets?

As well as the bonus described above, there are also bonuses available that focus on specific sporting events. One example of this is the special Cheltenham bonus, which is a non-runner, non-bet bonus. Usually, if a horse fails to compete you would lose your stake, but with this deal, if your horse doesn’t run in its scheduled race then your stake is returned to you. This offer mimics the RaceBets Goodwood offer previously seen on the RaceBets site. Claiming the offer is simple. Just place your bet and be safe in the knowledge that if it doesn’t perform, your money will be returned to you.

Players also have insurance against getting beaten at close distances with the RaceBets ‘beaten by a nose’ bonus. Place a bet on a single win fixed odds wager and if your horse is beaten by a nose, your stake will be returned to you. The maximum stake value you can receive as a bet bonus is £25. Once you’ve received your stake back as a bonus, you need to wager it 3 times before you can withdraw it. You can only receive 1 refund per race and your first bet on a UK, Irish or UAE market will be the only one that counts.

For clarification on these bonuses or any other bonuses featured on RaceBets website, we recommend reading the individual terms and conditions. If you still need more information, RaceBets live chat is available between 8:00am-10:45pm daily.

Why Should You Take Advantage Of The Free Bet Offer At RaceBets?

We’ve come to the end of our RaceBets free bet review, so let’s recap what we’ve learned about the website and its bonus offers. 

When it comes to bonuses, free bets are king. They’re also very hard to find nowadays, so it’s no surprise that RaceBets current offering doesn’t include one. However, that’s not to say that RaceBets are a site to avoid. We counted no less than eleven different promotions on their website, from boosts on Lucky 15, 31 and 63 bets to the best guaranteed odds on UK, Irish and UAE races.

There is also the wonderful Cheltenham offer, which gives you your stake back if your horse is a non-runner. With insurances like this and the ‘by a nose’ deal, we’re rather impressed by the quality of offers available.

The deals are simple in their execution. There’s no need to put in a promo code on most of the offers, and bonuses are usually awarded when just one outcome occurs. Wagering requirements are kept to a respectably low 5x on nearly all the bonuses, too. This rivals some of the largest bookmakers such as Ladbrokes and Betfair, making RaceBets a viable alternative that any bettor would do well to consider.

If you’re on the lookout for a new bookmaker or would like to see how the RaceBets bonus compares to their competitors, check out our betting.org bonus page where you’ll find all the latest bookmaker offers and deals.

Head to RaceBets now and claim your welcome bonus

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