Betfair Free Bets and Offers

£100 Free Bet
Bet £50 Get £100 Extra
Bonus Code: ZBBC01
T&Cs Apply, 18+
Get Bonus
Betfair Betting Offers
MyOddsboost
Expires 5 Dec 2020
£500 Minimum Bet To Win
Each Way Edge
£50 Refer a Friend

Bet £50 Get £100 In Free Sports Bets - Sign Up Bonus

Key Betfair Offer Terms & Conditions
Minimum Odds: 1/2
Free Bet Expiry: 30 Days
Bonus Format: 5x £20
Restritions: UK Only
Get Bonus
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

MyOddsboost - T&Cs Apply, 18+

Betfair Sports customers can boost their odds on one horse every day with MyOddsboost.

Choose your own Horse Racing bet to boost by claiming one MyOddsboost token every day until the 5th December.

  • Claim your one daily MyOddsBoost token from the promotions page.
  • Offer applies daily, from Mon 16th November – Sat 5th Dec 2020 and the MyOddsBoost token must be claimed each day.
  • A MyOddsBoost token to use on Horse Racing or Greyhounds.
  • The maximum stake is £10 or currency equivalent.
  • The token is valid for 24 hours.
Get MyOddsboost

The timeliness and accuracy of this offer summary cannot be guaranteed. Offers can be withdrawn or changed at any time so it's always best to check direct with the operator before continuing.

£500 Minimum Bet to Win Guarantee - T&Cs Apply, 18+

Betfair Sport customers can get a Minimum £500 bet to win guarantee for all races taking place in UK or Ireland.

On qualifying races, customers will be able to bet to win a minimum of £500 (e.g. £500 @ Evens, £250 @ 2/1 or £125 @ 4/1).

  • A Minimum Bet to Win Limit of £500 has been introduced and will be available all UK and IRE races. These races will be deemed “qualifying races”.
  • The guarantee will be available from 10:00am on the day of the qualifying race.
  • Applies to win bets only.
  • The guarantee is limited to one account per customer.
Bet on Horses

The timeliness and accuracy of this offer summary cannot be guaranteed. Offers can be withdrawn or changed at any time so it's always best to check direct with the operator before continuing.

Each Way Edge - T&Cs Apply, 18+

Betfair Sport customers can use Each Way Edge to control the number of places on their each way bet.

Each Way Edge allows you to alter the place terms of your Each Way bet. You can choose to add extra places for a small decrease in price, or remove places to increase your potential return from within the betslip.

  • Applies to Sportsbook (fixed odds) Each Way singles only on selected (determined by Betfair trading team) Horse Races.
  • Not available for multiples or SP singles.
  • The odds and place terms with Each Way Edge applied vary from the odds of the bet without Each Way Edge.
  • Bets placed with Each Way Edge are eligible for Cash Out if the Cash Out icon is shown, subject to the standard Cash Out terms.
  • If the number of non-runners results in a change in the standard each way terms, then the terms of the Each Way Edge bet will also be altered to reflect this.
  • If the market drops to Win only, positive EW Edges are still EW bets.
  • Bets placed with Each Way Edge applied are not eligible for Best Odds Guaranteed.
  • Betfair reserves the right to suspend or disable the Each Way Edge feature at any time.
Use Each Way Edge

The timeliness and accuracy of this offer summary cannot be guaranteed. Offers can be withdrawn or changed at any time so it's always best to check direct with the operator before continuing.

£50 Refer a Friend - T&Cs Apply, 18+

Betfair Sport customers can earn £10 cash when they refer a friend.

Refer up to 5 friends to earn £50 cash.

  • Give your unique referral code to people who do not have an existing account with Betfair which they will enter upon signing up.
  • For each person you successfully refer to Betfair you will be awarded £10 cash.
  • Max referrals is 5.
  • In order to receive the reward for each referral, the referred customer must:
    • Set up a Betfair account using your referral code.
    • Stake £10 or more on the Betfair Sportsbook and/or Exchange and/or Casino Daily Jackpots slots in their first 60 days.
    • Bets placed to reduce the liability of another qualifying bet will not count for the purposes of meeting the staking requirements.
    • Free bets used will not count towards the staking requirement.
  • Your family or any persons at the same postal address as you, and you yourself cannot be Referred Customers. In this context ‘family’ means your spouse, partner, parent, child /sibling and any other persons with the same surname.

Example:

Use your unique referral code to refer a friend to Betfair. If they sign up and stake £10 or more on the Betfair Sportsbook and/or Exchange and/or Casino Daily Jackpots slots in their first 60 days then your account will be credited with £10 in cash.

Refer a Friend

The timeliness and accuracy of this offer summary cannot be guaranteed. Offers can be withdrawn or changed at any time so it's always best to check direct with the operator before continuing.

Betfair Sport Review

Betfair was founded in 2000 with the aim of providing customers with something different that no other company could offer. They have achieved this by becoming the world's first and largest betting exchange. Here, people can choose a sports event, set their own odds and subsequently post those odds on the exchange for others to bet against. Therefore, instead of placing bets with the bookmaker, players bet against each other with Betfair holding the funds until the outcome of the event is decided. Betfair then charges a small portion of the winning bet as commission.

As well as the betting exchange, there is a more traditional sports betting site where Betfair set the odds on a range of sports and customers place bets using those odds. Since the company was started, it has grown to employ over 1,200 people, won the Queens Award for Enterprise, and gained around 3,000,000 customers across its various betting sites.

The sportsbook is well designed, with information on sign-up bonuses, major sports and an introduction to their cash out facility. Visitors only have to click once to go between the sportsbook and exchange sites, depending on how they wish to place their bets.

Sportsbook

This part of the site is similar to those offered by other major sports betting companies, with customers able to place wagers on all of the main upcoming events, as well as in-play sports. The range covered includes everything from football and cricket to Gaelic sports and mixed martial arts, plus special bets like 'I'm a Celebrity' winners, or the name of the next royal baby. It's not the widest selection, but only the most obscure games that very few people would look for are missed out.

Placing a bet is simply a matter of clicking on a sport and deciding which market to bet on before adding it to the Bet Slip and confirming the wager. Many sports have multiple betting options; for example with football games, customers can bet on full time, half time and over / under total scores. For horse racing, Betfair have a best odds guarantee, so if a bet is placed and the Starting Price is better, a winning bet will be paid out at the SP.

The betting exchange works by letting members choose an event from Betfairs menu and setting their own odds on the outcome of that event. Other Exchange members will be able to see these odds and can choose to accept the bet, so instead of placing bets with the sportsbook, two customers are betting against each other. To ensure that someone is willing to lay the bet, the odds must be set at an attractive level, which Betfair estimates leads to an average of 20% better odds available, although players must remember to consider the commission that will need to be paid on each bet.

The cash out feature lets customers take their winnings at any time during an in-play event to either maximise their winnings, or to stop their losses. For example, if team A are winning a football game by the 60th minute and a customer has a win bet on them, but Team B look as though they will imminently score, the bet can be cashed out to secure that bet. The odds may not be as good, and Betfair take a small cut, but it's a way to make a profit from what could turn out to be a losing bet.

There is an extensive live video streaming facility available for registered customers that covers all major events from around the world as well as providing plenty of audio tips, previews and advice.

For anyone away from home or office, Betfair provide a good mobile version of the site, compatible with all Android, Apple and Blackberry devices, which can either be accessed from a browser or from the App Store, although new accounts cannot be set up via a mobile and players must have a card already registered at the main site.

Bonuses

To new customers, Betfair will usually offer a free bet, or match the amount of the first wager with a welcome bonus. In common with most online sportsbooks, there are no huge incentives to get people to sign up, but there are always a number of ongoing promotions that regular players can take advantage of. These change all the time depending on what sporting events are taking place and tend to be in the form of cashback on second placed horses, or returned bets if one leg of a football double loses, plus extra bonuses on particular events.

Banking

Betfair accept payments in 10 currencies from 43 countries or territories, although this does not include the USA. All major credit and debit cards are welcome, as are payments using the most common money transfer systems, although oddly, they do not accept prepaid cards or vouchers. In common with other online sportsbooks, a small commission based on a percentage of the deposit amount is charged for some methods and there is a detailed description of how to deposit on the Betfair site.

Withdrawal requests are processed very quickly, usually within one day, and will be returned to the card or method was originally used.

Conclusion

Betfair offer betting opportunities that no other sportsbook can match, so for this reason alone, anyone who wagers on sports should give them a try. As well as the unique Exchange and cash out options, the more traditional sports betting site provides a quality service with most sports covered, an extensive video streaming facility, and a comprehensive mobile site. The promotions are average at best, as although new customer bonuses can be quite good, ongoing ones are less so. It would also be nice to see a live chat service for customer support.

Sign Up Bonus Categories - T&Cs Apply, 18+

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