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betfair

10 /10

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Not tested yet

CUSTOMER SUPPORT

8 /10

BETTING MARKET

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Commercial Content | 18+ | T&Cs Apply

BETFAIR PROMO CODE

The latest Betfair Promo Code for new customers is available now. All you have to do is register a new account on BetFair and type in our BetFair promotion code 2017. You can place 5 bets of £10 or more and get a £20 free bet. You can do this up to 5 times.

Betfair Promo Code Terms

The main Betfair Promo Code offers £20 in free bets once you have bet 5 times £10 or more. You can repeat this process up to five times and get up to £100.

TermsBonus Offer
Bonus amountUp to £100
Bonus typeFree Bet
Minimum bet5 times £10
TimeframeBets have to be used within 30 days
Odds requirements1/2 (1.5) or above
Betfair Promo CodeGet The Promo Code

Promo code verified on 23rd of November 2017.

betfair promo code

To get the £20 free bonus bet, each of your 5 bets have to be at odds of at least 1.5. Check the image above to see where to paste your BetFair promo code during the registration process.

Betfair is predominantly known for its exchange but it does offer a sportsbook and other products. An exchange bookmaker brings together customers who want to place a bet with others who want to take a bet. The site brokers this transaction and earns a commission from bets struck rather than being reliant on losing bets like a traditional bookmaker. Betfair is a leading operator in the peer-to-peer betting sector.

Claim your bonus here

Go to Betfair

Other Sports Promotions

Some of the following offers are the best Betfair promotions for existing customers you’ll find on the web.

ACCA BOOST – Win up to 50% more on your first ACCA of the week

This offer is available from August 11th to November 30th 2017. Your accumulator bet has to be a treble or above. The more legs in your ACCA the better your bonus percentage. Basically, if you go for the minimum of three legs, you’ll get 5% bonus; if you are a clever punter and go for five legs, the bonus will be 15% and for 10 legs and above you hit the 50% bonus. The bonus applies solely on the profit made from your first ACCA of the week. You can get a maximum of £2000 out of this promotion.

 

Get a risk free £5 bet on the exchange

You first have to opt in through the promo page. Remember that this offer only applies to users who have never bet on the exchange before. All you have to do is stake £5 or more and if you lose, BetFair will refund you £5.

 

Horse Racing and Greyhounds – Best Odds Guaranteed on UK & I Races

The offer applies to selected races. When the offer is active, bets will be settled by BetFair at the Industry Starting Price “SP”. If the SP is higher than the odds offered by BetFair, the bes will be settled at the higher SP price.

To read further on Betfair promotions, check the full terms and conditions here.

Bingo Promotions

Betfair Bingo has a comprehensive set of offers. First of all you can get, if you are a new customer, £10 free if you play with £10 on Betfair bingo.

Price Rush

Exchange odds are generally better than the odds offered by a conventional bookmaker as no margin is written into them. Exchange bookmakers make money by applying a commission to bets rather than the profit margins in the odds. Price Rush exaggerates this price edge by increasing the odds even more. The percentage increase is based on market forces determined by the thousands of bets being placed on the Betfair system. The potential return will increase the percentage of the price rush.

Price Rush is available on certain markets for the following sports:

  • Football
  • Horse Racing
  • Tennis
  • Golf
  • Basketball

In all cases Price Rush will result in better odds and never worse odds.

How to sign up?

The main horizontal menu lists on the Betfair homepage across all products. The exchange vertical navigation bar displays the main betting sports. Existing customers are prompted to enter their unique username and password. There is a link to a procedure to retrieve a lost or forgotten username or password. Once these account details have been entered users click on a secure button containing the word ‘Login’. They then have access to their account and can deposit funds. New customers click on a black button containing the words ‘Join Now’. The new page also displays details of how the exchange operates, the CashOut facility and details of the mobile version of Betfair.

In clicking ‘Join Now’ new customers are taken to a sign-up screen. Personal and account information is entered including the preferred username and password which are verified to ensure they do not already exist. Entering a Betfair Promotion Code or Referral Code is optional. Customers must agree to the Terms and Conditions and click a box containing the words ‘Agree and Open Document’. If all details are verified and acceptable new customers can add funds and bet. Afterwards you can use your BetFair login to come back and keep on betting.

Claim your bonus here

Go to Betfair

Basic facts

  • Company Name: Betfair
  • Founded: 2000
  • Postal Address: Waterfront, Hammersmith Embankment, Chancellors Road,London, England, W6 9HP
  • Reception Telephone: 0208 834 8000
  • Other Numbers: UK: 0344 871 0000, Ireland: 1800 944 000, Australia: 1300 238 324, Ireland: 0044 203 059 8888
  • Model: Betting exchange, sportsbook and other products
  • Licenses: Betfair holds gambling licences in the UK, Gibraltar, Malta, Spain, Italy, the United States, Australia, Bulgaria and Denmark
  • Languages: 17 languages including English and other European languages
  • Currencies: 10 currencies including Australia dollar, Euro, British pound and US dollar
  • Restricted Countries: US players are not accepted and in some other jurisdictions exchange betting is not permitted
  • Markets: UK, Europe and global
  • Services: Sportsbook, exchange, casino, live casino, poker, exchange games, arcade, Vegas slots, bingo and pools betting

Exchange

Betfair operates the leading betting exchange in the world and is the marker leader in this sector. Other companies, like Matchbook have joined the market but Betfair has the most leagues, sports and markets and the best liquidity. The key to an efficient exchange is the amount of money bet into both sides of a market. This allows bets to be matched so that a backer and layer strike a mutually desirable bet for a specified amount and price. The bet acceptance (lay) price is always bigger than the bet back price. An exchange bookmaker brings together backers and layers and earns a commission on bets and not the outcome. The model has been copied but Betfair still dominate.

The Betfair exchange includes one of the biggest range of sports in online gambling. The popular sports of golf, horse racing, football, tennis and rugby union are displayed prominently on the sports navigation menu of the exchange Home page. All sports are then listed alphabetically from American Football to Winter Sports, 33 in total. Below the list of sports are links to some special features: Next Horse Race, Multiples, Sport on TV and Where is the money?

Football accounts for a vast number of markets on the Betfair website. The prominence of the major leagues reflects the betting interest in them and the most popular are as follows:

  • Barclays Premier League
  • The Championship
  • League One
  • League Two
  • Capital One Cup
  • Primera Division
  • Serie A
  • Bundesliga 1

Sportsbook

The Betfair sportsbook looks different to the exchange. The 27 sports featured are displayed horizontally in columns rather than vertically in a one list. The number and range of sports reflects the sports offer in the exchange. The major difference between the two types of product is that there is no lay facility in the sportsbook. The most popular betting sports in the exchange are also the most popular in the sportsbook.

The Home Page of the sportsbook has quick links to the most bet on leagues of the day so the events linked change from day to day. At the time of writing there were quick links to Today’s Golf, Rugby World Cup, NFL, NBA and Serie A. In the same way Featured Coupons has links to a range of events in the following leagues: Premier League, UK Football, Today’s Racing and Today’s Greyhounds.

The Cash Out facility on horse racing is displayed prominently on the Home Page. This feature works in the sportsbook in exactly the same way as it does in the exchange. Customers have the option to close a bet before expiry to ensure some profit or reduce the overall loss. The margins and timings are tighter on horse racing than soccer as things happen more quickly and a race can last as little as one minute.

Football accounts for the most bets within the sportsbook. At the time of writing Betfair offered odds on 100 football events and 48 leagues in total. English football accounted for the most competitions and markets within these specific leagues:

  • Barclays Premier League
  • Capital One Cup
  • English FA Cup
  • Johnstones Paint Trophy
  • League One
  • League Two
  • National League
  • The Championship

The third most popular betting sport with Betfair on their sportsbook after football and racing is tennis. They offer odds on the main ATP and WTA tours in addition to Challenger event matches and some International Tennis Federation tournaments. Ante post odds are available for the next year’s majors, both male and female. Odds are available in the set, games and points markets. Twenty four other sports are covered in the sportsbook.

Once you have registered as a new customer, and put in your Betfair promo code, the 5 bets of £10 or more have to be placed in the Sportsbook to trigger the £20 free bet.

betfair sports betting

Placing a Bet

First of all, bettors select a sport from the main Sportsbook menu such as football. Matches appear by categories one of which is UK Football. Today’s and upcoming matches are list with the 1X2 odds displayed. When an option is selected a BetSlip appears containing one or more selections. A stake is entered and the potential return is calculated based on the current odds. Customers then click on a yellow box containing the words ‘Place Bets’ at which point the bet is confirmed and accepted. With the new welcome offer, once you have activated the Betfair promo code, you have to place 5 bets of £10 or more in the Sportsbook to get the £20 in free bets.

Exchange Sports in the exchange are displayed on a vertical navigation bar. The sport, league and market selection process is much the same as for in the sportsbook. The one major difference for exchange bettors is that both back and lay odds are displayed. When a market is selected the back and lay odds are shown in addition to the amount matched. Customers can specify odds at which to have a bet matched and then enter the stake. The calculated liabilities are shown and bettors click a yellow box containing the words ‘Place Bets’. Bets are either matched, partly matched or unmatched. Unmatched bets can be cancelled or left in the system to be matched when the price is taken by the bettor on the other side of the transaction.

In-Play

Many live events are streamed directly to a customer’s desktop. Pictures described as live are delayed by 2-5 seconds and for a number of sports the delay might be longer. Streamed events can be accessed by selecting the sport and time from drop down menus. The most watched events are those for football, tennis and horse racing. Customers select an event from the schedule after logging into their account.

In November 2017 Betfair is offering In-Play events for the following sports:

  • Football
  • Tennis
  • Snooker
  • Basketball
  • Golf
  • Volleyball
  • Rugby Union
  • Badminton
  • Netball

Cash out

Cash Out is a feature of live betting on Betfair. Customers can close a bet before expiry to ensure winning or minimise losses. The conventional betting model is to place a bet before an event starts and take the winnings or accept the losses at the end. In-play betting added the concept of trading markets during an event and Cash Out is an extension of that development. Customers can use a slider to specify how much or little is cashed out.

Cash Out is available on Betfair for the following markets and sports:

  • UK and Irish racing
  • Singles and multiples
  • Football
  • Tennis

When an event is available for live betting customers must click on a yellow button containing the word ‘Take’ in order to put Cash Out in operation. All or part of the bet can be closed so some is left to run until the final result is known.

The ‘Take Stake’ feature allows traders to take out the exact value of the initial stake. In effect this equates to a risk free bet as the only potential outcomes are winning or breaking even. The timing of cashing out is important as markets are suspended briefly to update odds after a significant event such as a goal, penalty or red card in a football match.

Claim Your Betfair Bonus Here!

Other Products

In addition to the exchange and sportsbook Betfair offers the following products:

  • Casino
  • Live Casino
  • Poker
  • Exchange Games
  • Arcade
  • Vegas Slots
  • Bingo
  • Pools Betting

BetFair Apps for Mobile Devices

BetFair offers a selection of mobile apps for Android and IOS devices.

The Betfair Exchange Betting App:

You can place bets against other people, and choose your odds on football (including Champions League, Premier League and La Liga), tennis, horse racing, greyhound racing, political races and elections, cricket, golf, soccer, boxing, rugby and almost all sports. You lcan even bet live, in play.

The Betfair Sport Betting App:

This is a fully free app, and will stay so, that allows you to place bets on football, tennis, horse racing, etc.

In addition to those two main apps, BetFair has also created several apps such as BetTornado, BetrBets and Traderline. You can find them all listed on BetFair.com/mobile.

Customer Support

You can email BetFair through their contact form, they usually get back to you within 4 hours. You can also ask them about the Betfair promo code if you have very specific questions.

If you want to call them, it is also an option: from 7.30am to 12.30 am. 0344 871 0000 (UK), 1800 944 000 (IRE), 0044 203 059 8888 (other).

They also have a very helpful live chat with an average response time of 60 secondes.

BetFair is really going all in on customer support as you can also get in touch with them through twitter: @BetfairCS

There is also a very useful Betfair forum you can access, called the Betfair Community.

Finally, they have a very comprehensive FAQ located in the HelpDesk part of their website. You can also access their Terms and Conditions here.

Banking

The following methods can be used for financial transaction with Betfair:

  • Credit and debit cards
  • 8Pay
  • Bank Transfer
  • BPAY
  • Cheque
  • ClickandBuy
  • EntroPay
  • Neteller
  • PayPal
  • Poli
  • Skrill (Moneybookers)
  • WebMoney
  • Western Union

Withdrawal times vary depending on the method used. A table on the Betfair website indicates how long it takes for money to be available in the customer’s bank account with adjustments required for weekends and Bank Holidays. Card withdrawals take between 2 and 5 days but this is standard practice adopted in the banking sector and not something Betfair can influence.

Befair adopt a ‘closed loop policy’ which means some withdrawals can only be made using the same method with which funds were deposited. Even money that is awarded as part of a promotion will be subject to delays before arriving in a customer’s account. In order to make a withdrawal customers hover over ‘My Account’ on the Home Page and select an option from a drop down list. Funds appear in customer’s bank accounts or E-Wallets after several days or immediately.

Conclusion

Betfair is the biggest sports betting exchange in the world and one of the most successful .com companies over all industries. Since being founded in 2000 it has grown in terms of customers, sports, leagues and markets. Other operators have tried to replicate the Betfair business plan without much success and Betfair is one of the market leaders. Advertising on television and in the national and sporting Press in the UK has consolidated Betfair’s position in the online gaming market.

The Betfair website is easy to navigate robust and reliable. The exchange is the best in the world with a multitude of markets. Transactions are completed quickly and overall the site’s performance is excellent. One area of concern is customer care in that some users report a lack of attention because they are small stakers.

The promotions are many and varied but not one stands out as exceptional. The offer through the sportsbook and exchange is comprehensive and the company should continue to proper and maintain their market share as it is difficult for a new operator to break into the sector. To come back to the current welcome offer triggered by our Betfair promo code, remember that it is available to the resident of the UK and the Republic of Ireland. Furthermore, any free bet earned by first using the Betfair promo code has to be used within 30 days. Finally, if you place more than £10 on one of your bets, after having entered the Betfair promo code, it will only count as one qualifying bet.

If you have enjoyed our BetFair review, why not check out our BetFred review. In the same way you have found the Betfair promo code here, you’ll find the Betfred one on this other review. If you are looking for more great offers, check our Bet365 Bonus Code.