Founded in 2000, Betfair has evolved into one of the most successful and recognizable online gambling brands. Headquartered in London, Betfair’s online services include a sportsbook, betting exchange, casino, live casino and poker room.
At last count, Betfair had more than four million clients. The company has earned a reputation for integrity and fairness, and its software is stable and secure.
Not to mention, Betfair is widely known as the best place for punters to find the best odds on all their sports bets!
Betfair provides a £30 in free bets!
Open a new account at Betfair Sports and simply place your first bet of at least £10. Then, within 24 hours of placing this first bet, you will receive three (3) free bet tokens of £10 for a total of £30 free!
To find your free bet details, log in to the Betfair website and navigate to the Free Bets section.
Betfair Free Bet Instructions
The Betfair sportsbook and betting exchange are always hosting a free bet that is claimable by all new members. To claim the bonus, simply click here to go to Betfair and register a new account.
The registration form includes a field for a promo code. At the time of this writing, the promo code to enter is ZSK200 – however, these promo codes often change so be sure to check the Betfair website.
Find more information on this Betfair promo code here.
Once registration is complete, make your initial deposit and then you may place your first bet. You will need to place this first wager within 7 days of registering your Betfair account.
Regardless of whether you win or lose your initial bet, Betfair will then gift you three free bet tokens, worth £10 each. The credit to your account will be automatic and occur within 48 hours of when you initial bet got settled.
Taking advantage of the introductory free bet also provides you with access to a month-long cash-back bonus. For 30 days, from the moment you open the account, Betfair provides cash back on every wager made. How it works is that the sportsbook awards one Betfair Point for each 10p wagered, and then you earn money based on the total points accrued. Achieving at least 100 points will earn you a £10 bonus, and achieving 50,000 points or more will earn you the maximum bonus of £1,000.
Other Betfair Sports Promotions
In addition to the introductory free bet and cash back, Betfair offers numerous opportunities for free bets throughout the year via its promotional schedule. These bonuses are usually seasonal and available for a wide range of wagers, including horse racing, football and even the Olympics. To see current offers, access the Betfair website. On the menu, click Sports, and then on the submenu, click Offers.
What is the Betfair Betting Exchange?
The Betfair sportsbook and betting exchange are two distinct products that are accessible via a unified interface. A betting exchange is a service that allows both bookies and individuals to buy and sell betting contracts. A traditional sportsbook presents you with odds for a given wager, and then you have the choice of taking it or leaving it. With a betting exchange, you have the flexibility to define your own odds. There is no guarantee it’ll be picked up, but at least the possibility for the bet exists.
The primary difference between Betfair and other sportsbooks is that you have many more options. Online sports bettors generally have to give their business to several or more books in order to get the odds that they want. The Betfair bettor can deal exclusively with Betfair. Either the sportsbook has the bet they want, or they can get any reasonable bet via the betting exchange.
With Betfair, you can place back bets or lay bets. The Exchange is an open market, so odds are referred to as prices and bets as markets. Betfair also gives you the option to trade bets. Betfair supports the full range of sports and bet types, and any bet available through the sportsbook is also available via the betting exchange. To place a bet, simply open a betting ticket, set the specifics, click OK and then confirm. Betting tickets also give you the option of defining your own bet, which can be picked up by a bookie or another punter. New bettors should use the odds posted at other sportsbooks as a guide. Posting unreasonable odds is a waste of time because no one will pick the bet up.
Be sure to read our review of the Betfair no deposit bonus where you can receive £5 free just for registering a new account at the Betfair Casino here!
You can read more about the differences between the Betfair Exchange and the Betfair Sportsbook, as well as the Betfair Exchange free bet offer here.
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Thanks for the information on the free bets. Other websites advertised other offers but they did not work or were expired. Your free bet offer is brilliant and Betfair is an excellent site. Thanks.