Even though I'm personally partial to unique fantasy races, you can't really go wrong with the likes of elves and orcs, people know what to expect. Though it's probably worth taking a look at more obscure fantasy races to give your game a bit of uniqueness. Beastmen and Kemonomimis have a fair amount of familiarity whilst not being quite as abundant as Tolkein-races though they may not be everyone's cup of tea. Depending on how much you want to put into worldbuilding, making your own fantasy races is another option.
They're just my personal opinions.