In 1988 he was part of the Yugoslav team which won the bronze medal. He played all six matches and scored nine goals.[7]
He played for ten years in RK Borac Banja Luka winning the league and cup once. In 1987 he moved to RK Medveščak from Zagreb. During his three-year stay with the club he won the Yugoslav Cup in 1989 and 1990.
After his stint in RK Medveščak he moved to France where he played for seven years at Nîmes, Bordeaux, Créteil and at Istres. He won the French First League two times and was the league's top goalscorer three times.[8]
In 1997 he moved to Croatian side Badel 1862 Zagreb. At the club he won during his three-year stay all league and cup titles. He also reached the EHF Champions League final twice and the semi-final once. He was also the top goalscorer in the EHF Champions League during his last two seasons.
In 2000 he moved to Fotex Veszprém where he played for two seasons winning league and cup titles while reaching the EHF Champions League final. In 2002 he moved to Zamet Crotek where he finished his playing career and started his coaching career.[9]
While playing for Zamet in the EHF Cup match against Lukoil Dinamo Astrakhan Saračević provoked a fight during the match, all of the players and fans fought against the Russian players. Saračević got a one-year ban from playing handball in European competitions and Zamet Crotek were fined and lost the match 10–0.[10] Saračević retired at the end of the 2002–03 season at RK Zamet Crotek.
On 27 February 2003 it was announced that Saračević had become the new head coach of RK Zamet Crotek after the sacking of Damir Čavlović.
During the rest of the 2002–03 season he was a player-coach in some matches. At the end of the season Zamet finished in fifth place while reaching the semi-final of the Croatian Cup. Failing to qualify for the EHF Cup and a bad league position in the new season forced the board's hand to sack Saračević on 22 March 2004.
He had unsuccessful stints in Nyíregyházi KSE in Hungary and NK Čelik Zenica in Bosnia and Herzegovina. For a brief time he was the assistant coach of RK Zagreb.
On 19 March 2016 he was named as the head coach of RKHM Dubrovnik.[11]