The Racebets Million is a free prediction game where you can earn a free entry to win up to £1,000,000 for every £25 staked on the site. It is a little like the Paddy Power Beat the Drop promotion, although it is free to enter and obviously focused only on racing.
To qualify for a token you need to wager £25, this can be one or many bets and is not time limited. You can also claim other promotions using these bets and still qualify for the Million game.
Once you receive a token you can enter the game, this is usually within 48 hours of meeting the £25 amount. You will then be automatically given a £1,000,000 cash pot that can be used to answer the first question.
Each question is a yes or no binary option and you choose how much of the pot you want to risk on the answer. You then lock in your guess and wait for the result. Following this the amount you risked on the correct answer is carried forward to the next question, where you can again decide how much of the remaining amount you wish to risk.
This goes on for 20 questions, after which anything that remains is yours to keep in cash. If you are confident of an answer it makes sense to risk a high amount, if not it might make more sense to divide the amount more equally.
Before you think about just dividing the pot 50:50 each time the maths says that you would end up with less than £1 doing it that way.
Customers can only play with one entry token at a time, each token is valid for 60 days from the last question – if you don’t like that days question you can wait and see what is available the next day, and so on. If you do not answer a question within 60 days the remaining amount is calculated by halving the remaining pot for every question which remains.
Once each token is used you can then qualify again for another. You can also earn tokens through other temporary promotions from time to time.
Racebets are a racing specialist and one of the best at what they do as they only focus on one product. The RaceBets Million just gives another reason to try them out for racing. If you do not have an account there is a welcome offer available that you can read more about, as well as the brand in general, in our Racebets review.
The offer is only open to new and existing customers, Further eligibility and terms apply 18+ BeGambleAware.org.