RaceBets
RaceBets is a France-based, privately held online bookmaker founded in 2006 that operates a mobile horse racing wagering platform for individual bettors, operating under country-level gaming licensing restrictions across multiple jurisdictions.
- Company typePrivate
- Founded2006
- HeadquartersSaint Julien, France
- Headcount11–50
- GTM typeB2C
- OfferingServices
What RaceBets does
RaceBets is a France-based, privately held online bookmaker founded in 2006 that specializes in wagering on horse racing. The company operates a mobile-accessible wagering platform (https://m.racebets.com/) targeted at horse racing enthusiasts and bettors seeking online wagering services. Its primary customer segment is individual horse racing bettors, served through a horizontal segmentation approach focused on a single use case.
The platform is structured as a country-restricted online gambling service; the company holds customer support operations in English and German, with additional Spanish-language notice templates indicating attempted or prior multilingual market coverage. The website currently returns a 403 access-denied page in multiple jurisdictions, reflecting the regulatory gating inherent to licensed online gaming. Co-founder and CEO Sebastian Weiss and Managing Director Patrick Byrne lead the company, which operates with 11–50 employees out of Saint Julien, France.
RaceBets' revenue model is consistent with standard online bookmaker mechanics — taking a margin on wagers placed by customers — though no pricing details, handle figures, or financial disclosures are publicly available. The business appears to be an organic, self-funded operator given the absence of any disclosed funding rounds, investors, acquisitions, or external capital activity. Product scope, proprietary technology stack, integrations, and AI/ML capabilities are not documented in the available source material, leaving the company's technical profile substantially opaque.
RaceBets firmographics
Firmographics- Name
- RaceBets
- Website
- https://m.racebets.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- RaceBets is a France-based, privately held online bookmaker founded in 2006 that operates a mobile horse racing wagering platform for individual bettors, operating under country-level gaming licensing restrictions across multiple jurisdictions.
- Ownership category
- akta.pro rank
RaceBets industry classification
Industry- Product category
- Online Horse Racing Betting
- NAICS
- Other Gambling Industries (713290)
- SIC
- Services-Racing, Including Track Operation (7948)
- akta.pro primary industry
- Online Horse Racing Betting (Advance Deposit Wagering/ADW) (MPAEADAD)
- akta.pro secondary industry
- Sportsbooks (Online & Mobile Operators) (MPAEACAA)
Keywords
Where RaceBets is headquartered
LocationHeadquarters
- HQ city
- Saint Julien
- HQ country
- France
- HQ region
- Europe
Markets served
RaceBets business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
RaceBets product offering
Product offeringCore offering
RaceBets is an online bookmaker that offers horse racing betting and wagering services to horse racing enthusiasts. The platform enables users to place bets on horse races online, with operations originally launched in 2006. The service is delivered through a mobile-accessible website (m.racebets.com) and is restricted in certain jurisdictions due to online gaming laws.
Differentiator
Problem solved
Functional benefit
Products and services
- Online Horse Racing Betting Platform An online bookmaker service that allows horse racing enthusiasts to place wagers on horse races via the RaceBets mobile-accessible website. Targeted at individual bettors seeking online horse race wagering.
Companies that use RaceBets
Customer profileSegments1 record
Ideal customer profiles1 record
RaceBets technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
RaceBets partnerships and signals
Strategic signalExpansion highlights2 records
RaceBets competitors and assessment
Company assessmentMarket position
Strengths3 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
RaceBets financial estimates
Financial estimateRevenue estimate
Valuation estimate
RaceBets leadership team
Management profileNumber of profiles
Profiles2 records
RaceBets funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RaceBets M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RaceBets
What does RaceBets do?
RaceBets is an online bookmaker that offers horse racing betting and wagering services to horse racing enthusiasts. The platform enables users to place bets on horse races online, with operations originally launched in 2006. The service is delivered through a mobile-accessible website (m.racebets.com) and is restricted in certain jurisdictions due to online gaming laws.
When was RaceBets founded?
RaceBets was founded in 2006. It employs 11 to 50 people.
Where is RaceBets based?
RaceBets is headquartered in Saint Julien, France, in the Europe region.
Does RaceBets have an API?
No public API is recorded for RaceBets.
What industry is RaceBets in?
RaceBets's product category is Online Horse Racing Betting. Its primary akta.pro industry code is MPAEADAD, Online Horse Racing Betting (Advance Deposit Wagering/ADW), with a secondary code of MPAEACAA, Sportsbooks (Online & Mobile Operators). Its NAICS code is 713290 and its SIC code is 7948.