Betfair Free Bet Guide — Does Betfair Offer A Free Bet?
Ever since they began operations in 2000, Betfair have become one of the UK’s most popular sportsbooks as a result of their innovative betting exchange. By allowing customers to trade bets with each other, the brand routinely deliver some of the best odds on the market.
As a result, many potentials customers will be keen to see whether the brand offers any Betfair free bet deals to see if they can get any extra funds for making their initial bets on the sportsbook.
Not only is the brand the largest sportsbook in the UK, but they have over four million customers worldwide who have used the Betfair new customer offer to get some extra bets on their first wagers on the sportsbook.
As well as seeing whether there are any Betfair free bet offers, we will be taking a look at how the Betfair free bet terms and conditions could influence your betting strategies. And our bonus review will also explore how to use free bets on Betfair so that you make the most of their famous betting exchange.
So let’s have a look at whether the sportsbook includes any Betfair free bet deals, or whether there are some other Betfair exchange promotions that can tempt you to sign up to this much-loved brand.
What Is A Free Bet?
Before we investigate any Betfair free bet promotions, we’ll first need to clarify what we mean by free bets. Many of the best online bookmakers routinely feature promotions that promise customers free bets in return for signing up to their sportsbook, but it’s clear that many of these offers aren’t completely free.
This is because many of these free bet deals are actually matched deposit promotions that require you to make a minimum deposit before you are rewarded with your extra bets. We’ve already seen how the Betfair bet 10 get 30 offer was a good example of this, and while it didn’t provide any Betfair free bet giveaways, it still managed to deliver punters a nice boost on their first sports bets.
That’s not to say that there’s no such thing as a true free bet promotion. However, it’s important to remember that many free bet offers tend to be accompanied by lots of wagering requirements that demand that you have to bet lots of times, often on some fairly unprofitable odds, if you ever hope to get your hands on the bonus funds. This is why matched deposit deals have become increasingly popular for sportsbooks and punters alike.
While the brand includes plenty of great promotions, there are no Betfair free bet deals on at the sportsbook at the moment, so we won’t need to show you how to use free bets on Betfair. While the Betfair exchange sign up offer mentions that they will give you a Betfair free bet worth up to £100 for registering with the brand, it’s clear that this is not a true free bet deal.
This is because the Betfair free bet terms state that customers must place five bets of £10 or more in order to receive £100 in extra betting funds. So while there are no Betfair free bet offers, it’s evident that the brand have put on a decent welcome deal for any prospective customers.
The Betfair free bet terms also mention that the welcome bonus deal is split up into five sections where you will receive five amounts of £20 bets for making five sports bets of £10 or more. As a result, you will get £100 in extra bets to try on the Betfair betting exchange which should be more than enough reason for most people to sign up to this highly-rated sportsbook.
So while some potential customers might be disappointed to find that Betfair don’t include any true free bet deals, it’s worthwhile having the Betfair free bets explained as you’ll be receiving these bonus funds after you make your initial deposits.
The Betfair Free Bet Bonus In Detail
If you decide to sign up to Betfair, then you can look forward to getting a nice boost on your initial sports bets. You will need to make a deposit of at least £10 to get the equivalent to free bets in return, so we should take a look at how to use Betfair free bet offers in order to make the most of this sportbook’s services.
Like many other sports betting sites, the brand have implemented some specific Betfair free bet rules that must be observed if you want to qualify for this handy boost on your sports bets.
Betfair’s promotion states that you can get £100 in free bets for signing up to the brand. While you can sign up for as little as £10, you will need to bet a total of £50 in order to get the full quota of £100 in extra bets. This is the equivalent to a 200% bonus on your deposits, which is pretty good deal for any potential customers. While brands like Betway deliver a slightly better deal in terms of the percentage, their offer is capped at £30, and so if you are looking to get the biggest possible return for your bets, then you should probably take Betfair up on their offer.
The Betfair free bet terms state that the brand has some fairly specific Betfair free bet rules as to how you qualify for their welcome bonus. While you previously had to use the Betfair zsk200 promo code, you now need to be a new customer and use the ZBBC001 bonus code for signing up. As well as making five bets of £10 or more, you can only bet on sporting events with odds of 1.50 or more. You have just 30 days to make your five qualifying bets, and these must be made on separate betting markets. Furthermore, this offer isn’t available to those customers who used Skrill or Neteller to sign up to the brand.
As Betfair’s bonus offer doesn’t have any restrictions upon what sports you use your extra bets on, you have full access to using the brand’s massive selection of sports bets. As long as the sporting event has odds of 1.50, then you should be able to get a decent boost on your betting funds. Everybody knows that Betfair is one of the UK’s leading betting exchanges, and whether you are trading bets on some Premier League football, or are just keeping it simple with some outright cricket betting, then Betfair give you plenty of extra funds to play with.
What Other Bonuses Are Available At Betfair?
As well as the standard welcome bonus, Betfair also pledge to give new customers a free £20 exchange bet. So if have a losing bet of at least £20 on the Betfair exchange, then the brand will refund you £20. You can only take advantage of this offer within seven days of signing up, so be sure you pay close attention to the Betfair free bet terms and conditions.
In addition to this, you can get a £10 bonus for signing up to the Betfair Arcade. This provides you with a decent selection of slots games to make a £10 bet on, and then you stand to get a £10 betting bonus that is valid for seven days. As well as this, there are 30 free roulette chips for new customers at the Betfair Casino section, so it seems that the brand are doing all they can to keep punters flocking to the website.
Betfair haven’t restricted their great promotions to new customers either; there are plenty of tempting Betfair offers for existing customers too. These include the brand’s respected Best Odds Guaranteed offer for UK and Irish horse racing, as well as the offer that gives you a £450K jackpot for accurately predicting four correct scores in some top football matches. And with the best odds guaranteed for the Champions League, there’s plenty here for everybody to enjoy.
Why Should You Take Advantage Of The Free Bet Offer At Betfair?
While some potential customers will be disappointed that there aren’t any free bet offers at Betfair, the brand’s welcome bonus is sure to tempt some people to sign up to the famous betting exchange.
Their offer of £100 in extra funds for making just £50 in sportsbook bets is a strong offer, and it also benefits from relatively few wagering restrictions in terms of rollover or what kind of sports you can bet on.
By comparing this welcome offer with some of the other great betting bonuses around at the moment, you can see that Betfair’s promotion is one of the best currently available. Not only are the odds requirements relatively generous compared to brands’ like BetBright, but the overall bonus amount is certainly larger than the bonuses found at rivals such as William Hill.
As Betfair is the UK’s largest sportsbook and the most famous betting exchange, it’s clear that they don’t need much help in attracting new customers. Even so, the brand’s welcome offer is sure to help them maintain their enviable position in the competitive sports betting scene as it’s easy to work out how to use a Betfair “free bet”.
While having to make five bets of £10 or more might not be the most simple way to qualify for a welcome bonus, it’s a good way of getting to know the sportsbook a little better. Additionally, the fact that you can use your extra bets on anything from horse racing to esports is sure to help Betfair pick up many extra fans. It’s therefore simple to conclude that taking Betfair up on their excellent welcome offer will provide a decent boost on your sports bets.