Open a new account with Betfair and place your first bet between £5 and £50 with Betfair Sportsbook. Betfair will match your bet with a free bet equal to the value of your qualifying bet up to a maximum of £50.
Details of your free bet will appear in the Free Bets section accessed through the header on the main website.
Your free bet must be used within 30 days on any Sportsbook (Fixed Odds) market at odds of at least 1.2 (1/5).
Betfair offers a traditional fixed odds sports book and a person to person betting exchange facility, where clients can place and match bets with each other securely. Clients may take the best available odds on the exchange for their bet or can request better odds. Odds are generally 15-20% better on Betfair exchange than with traditional fixed odds bookmakers.
All bets on the betting exchange have been placed by users who either want to have a bet in the normal way (back), or offer odds to other punters (lay). Bets are matched between people with opposing views.
The key differences between Betfair betting exchange and traditional bookmaker betting:
- You can back (bet on a positive result) or lay (bet against, i.e. providing odds to another user)
- You can choose the odds you want to play at
- Commission and Tax.
- You can bet whilst the game is in play.
- You could win up to 20% more as there is no bookies margin involved.
|No deposit required?|
|Best odds guaranteed?|
|Mobile app only?|
Betfair was launched in June 2000 and pioneered the first successful betting exchange. It is now the world's largest Internet betting exchange and the largest online betting company in the UK. Betfair has over 4 million customers and a turnover in excess of £50 million a week, employing 1,800 people worldwide.
Betfair claims on average 20 percent better odds than those offered by a traditional bookmaker using the betting exchange model, by which punters are effectively taking bets from one another. Betfair take a 5 percent commission of the net winnings for most markets.
In 2013, Betfair launched a traditional fixed odds sports book to run alongside the exchange. This addressed the inability to place accumulator bets at Betfair.
Plus cash back on Each Way Grand National bets
Free Bet has been withdrawn on Grand National Day.
100% deposit up to £50. Paying 6 Places on Grand National Bets.
£5 free bet for £5 stake
Bet £10 get £10 FREE