Vanilla Live Games today announced the development of BETandRACE, the first online arcade racing game where the user has the possibility to race in real cities, with authentic cars against real opponents for real money. The user has the chance to select between different cars (such as Volkswagen). For the release there will be street circuits of Vienna and Berlin available and soon you will have the chance to download more cities and free updates from the official website of the game (check full story for details). BETandRACE will be available in August 2008 - the first two screenshots have been inserted in our gallery.