Introduction
Do you like betting on horse racing? Are you looking for a licensed sportsbook with a huge variety and fast withdrawals? If your answer is yes, then keep on reading, as Jackbit might be the perfect match for you!
This crypto-friendly platform is available for every player, including those who were excluded from GamStop. Due to its offshore license, you have fewer restrictions and more variety both in casino and sports betting, which includes horse racing as well!
Let’s explore Jackbit Sportsbook before diving into horse racing, one of the main outstanding sections of the platform.
Jackbit Sportsbook Overview
Jackbit was founded in 2022 and is operated by Ryker Development Limited (Ryker B.V.). It is mostly known for its wide range of crypto payment methods and fast withdrawals that process almost instantly. Jackbit’s score on Trustpilot is 4.4/5, which is quite high, with reviews mostly highlighting its extensive game library, user-friendly interface, customer support, easy-to-use mobile app, and clean layout.
In addition to this, Jackbit is a non-GamStop betting platform, meaning that it does not follow the UKGC self-exclusion rules, and players excluded from GamStop can still play on this site. For this reason, the platform offers more variety in games and bonuses, and your gaming activity is less controlled. However, Jackbit is still regulated and licensed by the Curaçao Gaming Control Board and provides tools for responsible gaming, which is a plus.
Jackbit Sportsbook has many things to offer, from sports to esports, but horse racing is the one thing that may capture your attention the most.
Horse Racing Betting at Jackbit Sportsbook
Unlike other sportsbooks, Jackbit has a strong focus on horse racing by even giving it a separate section. They also feature greyhound racing, but they cover only the UK and Ireland.
On the other hand, horse racing covers International terrestrial races, including the UK, Ireland, USA, Mexico, Germany, Italy, Spain, South Africa, Australia, South Korea, Malaysia, and Panama.
Jackbit’s horse racing betting markets are: win, place, each-way, forecasts, tricasts, cover bet, match bet, and accumulators.
Additionally, Jackbit offers live betting features that update the race with real-time odds on selected UK races.
Odds & Betting Interface
Compared to other platforms, Jackbit Sportsbook’s odds are competitive, especially for underdogs and medium-level runners. For example, Jackbit can have a horse with odds like 6.00, while the same horse may come with odds like 5.50 on UKGC sites, which may give you a huge difference in the long run. Many think that the reason behind this is the lack of taxation on bets and crypto usage; however, freedom from UKGC restrictions may play some role, too.
You can set odd types between decimal, American, or fractional by yourself via Betslip settings on the right side of the screen (if you are using a desktop). Also, you can choose the view type, European or Asian.
You can filter your preferred horse race by either country, city, day, or time. Everything is in one place, making it easy to bet. Even though there is no Jackbit’s app, the web version is mobile-optimized, so you will have no problem betting while being on the go. If we believe in Trustpilot’s reviews, the platform loads fast and is perfect for sports betting.
Jackbit Sportsbook Bonuses & Promotions
Although there is no specific bonus related to horse racing, Jackbit has many offers for its sports bettors, which can be used for horse racing as well.
Sports Welcome Bonus
Jackbit sports welcome bonus is made for newcomers and consists of a 100% your first bet amount if you lose. To use this offer, you must know the following:
- Be a new player who has never bet on Jackbit.
- Place at least $20 (or equivalent in other currency).
- The maximum bonus amount is $100.
- The minimum number of positions is 4.
- The Minimum odd for a position is 1.4.
Ongoing Promotions
- 3+1 FreeBet: You get a free 4th bet based on the total amount of the previous three bets multiplied by 15%. You have to bet at least $10. The maximum free bet amount is 100$. Bets must be placed consecutively.
- Weekly sports tournament: You can win a prize pool of $20,000! The tournament restarts every Wednesday at 00:00 (GMT+0) and is divided into 4 rounds, with each lasting one week.
- Bet insurance: If you bet 4 times and only one bet loses, you will receive a 10% cashback as a FreeBet. The bet return amount ranges from 1 to 100 USD.
- Rakeback VIP club: On higher VIP levels, you get better rewards. You have to accumulate points to pass each level. Bets under 1.3 odds do not count as points.
- CashOut & Bet Builder: Cash out anytime & build your own bet.
If you are interested in other sports, there are also FIFA World Cup and Wimbledon bonuses.
Please keep in mind that there are more details for each promotion, and this is just a short overview of them; therefore, we suggest you visit Jackbit’s promotion page for more info.
Deposits & Withdrawals
Jackbit is one of the most well-known crypto-friendly platforms, which means faster deposits and withdrawals! But if you don’t use cryptocurrency, don’t worry, as Jackbit took care of that by providing fiat currencies as well.
On Jackbit, you can use the following currencies:
- Fiat currencies: USD, EUR, GBP, CAD, ARS, TRY, JPY, INR, AUD.
- Cryptocurrencies: BTC, ETH, USDT, BNB, SOL, XRP, USDC, ADA, DOGE, LINK, TRX, MATIC, SHIBA, DAI, BCH, LTC, XMR, DASH, BUSD.
There are also a variety of payment methods, including Visa, Mastercard, debit cards, e-wallets, and others.
The great news is that most payouts are processed instantly. The longest withdrawal time may last only 1 day, which is still way faster compared to other platforms.
The minimum withdrawal amount varies depending on the method. The maximum withdrawal amount per week is: $50,000 or its equivalent. For one month, it is: $100,000. Exceptions may be players with high VIP level status.
Although Jackbit has KYC, you are not required to go through verification, meaning that all your transactions can stay anonymous. To withdraw your winnings, you must meet a 1x wagering requirement. In case of questions, you can contact their customer service at [email protected].
Why is Jackbit Good for Non-GamStop Horse Racing Fans
- Broader betting market: There are international races with live updates and better odds than on the UKGC-regulated sites.
- More generous offers: You can claim a welcome bonus, as well as many other ongoing promotions for any type of sport.
- Fast transactions: With cryptocurrencies, Jackbit offers instant transactions with fewer limitations.
Potential Drawbacks
- No UKGC regulation may mean that there is no GamStop self-exclusion, which may be dangerous for those who have a hard time controlling their gaming.
- Even though there are responsible gaming tools, they may not be as effective.
Conclusion & Verdict
To summarize everything, Jackbit horse racing offers a good value for players, especially for those who enjoy betting on international markets, good odds, many promotions, and fast, anonymous withdrawals. But to be honest, who doesn’t like that?
One thing is that Jackbit has an offshore license, not by the UKGC, which means there is no self-exclusion program, and all the self-control responsibility lies on the player; however, Jackbit has responsible gaming tools that help players in need.
On the other hand, a non-GamStop platform also means that you have more to choose from with fewer limitations, and considering other features, this makes Jackbit the top platform for horse racing betting!
Want to explore more non-GamStop platforms for horse racing? Check out our other in-depth reviews:
