easyBet Review for Horse Racing Punters
easyBet
4.0 / 518+ New customers only. To qualify for free bets, the new user must place and settle £20 on easyBet markets. The user must bet on at least 2 different events to qualify. The user must place and settle bets at odds of 2.0 or more. An event is classed as two different sporting events. Bets can be placed on singles, multiples and Bet Builders. The user must place and settle bets before the closing date of the promotion to qualify. Users making their first deposit by Skrill, Neteller or PaySafe card will not qualify for this promotion. T&C's Apply. Be Gamble Aware.
A betting exchange from the easyGroup (the people behind easyJet), where you back and lay horses against other punters rather than the bookmaker.
Welcome offer
The easyBet new customer offer is Bet £20, Get £20 in Free Bets, a straight one-for-one match on your qualifying stake. To unlock it, register through our easyBet offer link, deposit and place and settle £20 worth of bets at odds of 2.0 (evens) or bigger. The one twist is that your £20 needs to be spread across at least two different sporting events, so a single £20 bet on one race won’t do it, two £10 bets on separate races, or a racing bet and a football bet, will. Singles, multiples and Bet Builders all count towards qualifying. If an easyBet promo code is needed, it will be shown on the sign-up page, enter it exactly as displayed. Once your qualifying bets settle, the easyBet free bets are paid as four £5 free bets, and one of them is set aside specifically for horse racing, which is a nice touch for racing punters. The others cover football, multiples and any market. They’re valid for seven days, so you’ll want to use them reasonably quickly, and as with most free bets, the stake isn’t returned with your winnings. Beyond the sign-up deal, easyBet’s promotional calendar is lighter than you’ll find at the big high-street bookmakers, but racing fans do get a dedicated weekly offer. The easyBet Horse Racing Club rewards you with a weekly free bet for placing qualifying back, lay and multiple bets across the week. There are also monthly rebates on Bet Builders and multiples, and a golf money-back special. There’s no VIP programme at the moment.
Markets and odds
easyBet works differently from a traditional bookmaker. It’s a betting exchange, powered by sister brand Matchbook, which means you’re betting against other punters rather than against the house. You can back a horse to win, just as you would with a bookie, but you can also lay a horse, effectively acting as the bookmaker yourself and betting that it won’t win. If there isn’t a price on offer that suits you, the ‘make offer’ button lets you set your own odds and stake and wait for someone to match it. Because there’s no bookmaker margin built into the prices, easyBet odds are often bigger than you’ll find at a standard sportsbook, especially on fancied runners in the big races. You’ll pay commission on your net winnings instead, and it’s worth knowing that customers who sign up now pay a higher commission rate than those who joined in the brand’s early days. The easyBet horse racing coverage is broad, with markets on UK, Irish, South African, Australian and US racing, plus UK and Irish greyhounds. You can also build multiples priced directly from exchange odds. The trade-off with any smaller exchange is liquidity. On the big meetings and the main races, there’s usually plenty of money to match your bets, but on smaller cards or more obscure runners, you may find the market is thinner and the prices less competitive. Because you’re betting at exchange prices, there’s no Best Odds Guaranteed either, the price you get matched at is the price you’re paid. For racing punters who are comfortable with how exchanges work, easyBet is a genuine alternative to Betfair, but complete beginners may find a traditional bookmaker simpler to start with.
Each-way terms
easyBet each-way betting doesn’t follow the fixed structure you’d find at a traditional bookmaker, because it’s an exchange rather than a sportsbook. At a bookie, an each-way bet is split into a win part and a place part, with the place part paid at a set fraction of the odds, typically 1/4 or 1/5 depending on the field size and race type. On an exchange, racing is usually split into separate win and place markets instead. If you want to recreate an each-way bet, you back your horse in both the win market and the place market, and each part is priced by what other punters are willing to offer rather than by a fixed fraction. That has its upsides. Exchange place prices can sometimes work out better than a bookmaker’s standard 1/4 or 1/5 terms, particularly on horses that the market expects to run well but not necessarily win. You can also lay a horse in the place market if you think it will finish out of the frame, which you simply can’t do with a traditional each-way bet. The downsides are that you won’t get bookmaker-style extra place promotions, and on smaller races the place markets can be thin, so it’s worth checking the available prices and liquidity before you commit. Always check how many places are being paid in the place market for each race, as this is set per race and shown on the market itself.
Live Streaming and In-Play Betting
easyBet live streaming horse racing has been added since the platform launched, early reviews flagged it as a missing feature, but streaming is now available on covered horse racing tracks, along with UK and Irish greyhound racing. Coverage isn’t as comprehensive as the free streams of every UK and Irish meeting that the likes of bet365 offer, so it’s worth checking whether a stream is available on the specific race you’re interested in. easyBet in-play betting is where an exchange really earns its keep. Because you can back and lay, you can trade a race as it unfolds, laying a horse you backed earlier at a bigger price to lock in a profit whatever happens, or cutting your losses if the race isn’t going your way. Football is particularly well covered in-play, though as with every bookmaker, in-running markets on horse racing move quickly and suit punters who know what they’re doing. easyBet cash out is available on exchange bets too, so if you’d rather not trade manually, you can settle your position early with a single tap. For racing punters who like to be hands-on during a race, that combination of in-play trading and cash out is one of easyBet’s biggest strengths.
Mobile app
The easyBet app download is available on both iOS and Android, and there are actually two separate apps, one for the main Exchange and one dedicated to easyBet Predictions. For racing, the Exchange app is the one you’ll want. The easyBet mobile betting experience is essentially a streamlined version of the website, and many users find the app layout better than desktop, with easy-to-reach tabs across the top of the screen and fewer banners getting in the way. You get full access to in-play betting, back and lay markets, multiples, cash out and your account, so there’s nothing you’ll miss by betting on your phone. Ratings are where the app has some catching up to do. The Exchange app scores well on Google Play but sits lower on the App Store, with feedback mixed between punters who praise the liquidity and ease of use and others who’ve been frustrated by document uploads and withdrawal delays. The sample sizes are still small, so it’s fair to say the jury is out. If you’re new to exchange betting, the back and lay prices are colour-coded with the available liquidity shown just below, which makes it easier to get your head around the format on a small screen.
Payment Methods and Customer Support
easyBet payment methods cover the essentials, Visa and Mastercard debit cards, Apple Pay, Google Pay, Skrill and Neteller, plus bank wire transfer for larger amounts. The easyBet minimum deposit is £10 across all methods, though you’ll need to bet £20 to qualify for the welcome offer, and deposits land instantly with no fees. easyBet withdrawals also have a £10 minimum, with requests processed internally within around 12 hours before being sent back to the payment method you deposited with. Most withdrawals reach you within one to two business days. Bank wire withdrawals are the exception, with a £500 minimum and three to five business days to arrive. Verification checks are triggered by account activity rather than at a fixed point, and may include proof of income or wealth alongside the usual ID and address documents, so it’s worth having these ready if you plan to bet regularly. easyBet customer support runs through live chat, available daily from 9am to 2am, plus email. There’s no direct phone line, but you can request a callback through live chat. Responsible gambling tools include daily, weekly and monthly deposit limits, net deposit limits, self-assessment tests and self-exclusion, and the site is part of GAMSTOP. easyBet is operated by Triplebet Limited, which is licensed and regulated by the UK Gambling Commission (account 39504) and the Alderney Gambling Control Commission, and the brand is backed by the easyGroup, founded by Sir Stelios Haji-Ioannou.
Pros and Cons
What easyBet gets right:
- Back and lay horses on the exchange
- Bigger prices with no bookmaker margin
- Weekly free bet via the Horse Racing Club
Where it falls short:
- No Best Odds Guaranteed
- Thinner liquidity on smaller races
- Live chat isn't 24/7
Frequently Asked Questions
Yes. easyBet is operated by Triplebet Limited and licensed and regulated by the UK Gambling Commission (account 39504), which you can confirm on the UKGC public register.
No. As a betting exchange, easyBet settles bets at the price you're matched at, so Best Odds Guaranteed doesn't apply.
There are no fixed each-way terms. Racing is split into separate win and place markets, so you back your horse in both to recreate an each-way bet.
Yes, live streaming is available on covered horse racing tracks, though not every race is streamed.
Yes. easyBet has apps for iOS and Android, with separate apps for the Exchange and for Predictions.
Withdrawals are processed within around 12 hours and usually arrive within one to two business days once your account is verified; bank wire transfers can take three to five business days.
See How easyBet Compares
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Ratings on this page reflect our own editorial review, not a guarantee of outcome. Betting offers are time-limited and can change without notice, so always confirm the live terms on the operator’s own site before you deposit. You can check any operator’s current licence status on the UK Gambling Commission’s public register. If you’re worried about your gambling, or someone else’s, support is available at BeGambleAware.org.