Betfair Sign-Up Offer – Get £50 in Free Bets when you Bet £10 on Sportsbook – October 2024
A vast array of sports, comprehensive market coverage, both Fixed Odds and Exchange platforms, a highly-rated mobile betting app, and excellent accumulator promotions.
New customer offer. Place a min £10 bet on Sportsbook on odds of min EVS (2.0), get £50 in Free Bet Builders, Accumulators or multiples to use on any sport. Rewards valid for 30 days. Only deposits via cards or Apple Pay will qualify. T&Cs apply. Please Gamble Responsibly.
Betfair Pros
- Hugely Popular Betfair Exchange
- Get £50 in free bets When you place £10 bet on Sportsbook
- Acca Edge - industry leading acca insurance
Betfair Cons
- So many betting markets can be overwhelming
Where to Use Your Betfair Get £50 in Bet Builder Bets when you Stake £10 on Football Offer This Month
October is a pivotal month in the world of sports, especially for football enthusiasts. The Premier League is gaining momentum, with Manchester City, Liverpool, and Arsenal all off to strong starts this season. The revamped Champions League has been a hit, and fans can look forward to another exciting round of matches this month.
Betfair New Customer Offer Explained
The Betfair welcome offer gives you £50 in Free Bets when you place your first bet of £10 or more. Your first bet must be made at odds of 2.0 (1/1) or greater, and the £50 in Free Bets that you are credited with upon settlement must be placed on football Bet Builders, accumulators or multiples.
About Betfair
Betfair debuted its sportsbook in 2012, branching out from its roots in exchange betting. Now, it offers a complete betting experience, allowing users to back or lay bets and place football accumulators all in one spot. For newcomers, sign-up bonuses are available for both the sportsbook and the exchange, enhancing its appeal for those looking to wager. Betfair is one of the most trusted bookmakers in the United Kingdom and provides innovative promotions such as the 90-minute payout offer.
Steps to Claim Your Betfair Sign Up Offer
Claiming the Betfair bonus code is a very straightforward process – you can do so when signing up to your new account either online or using the App. Below is the step by step process of signing up and claiming the bonus code.
- Get started creating a Betfair account by clicking this link.
- Enter the Promo Code ZSKAOG.
- Fill in your personal details, and choose a username and secure password.
- Make an initial deposit of £10 using a Debit Card or Apple Pay.
- Place a £10 bet on the sportsbook at minimum odds of 1/1 (2.0).
- Upon settlement you will receive £50 in Free Bets that can be used on football Bet Builders, accumulators, or multiples.
What Personal Identification Does Betfair Require to Sign Up?
When signing up for a Betfair account, you must provide ID and another document for your identification and address verification. You can provide one of a Passport, Driving Licence, or National ID for personal identification. In addition, you will need to provide either a Utility Bill or a copy of a Bank Statement for the address verification – whichever one you provide must be less than six months old.
Offer T&C’s
Please follow the terms and conditions below, which apply to the Betfair Get £50 in Bet Builder Bets when you Stake £10 on Football Offer.
- When signing up you must use the Promo Code: ZSKAOG
- Your initial deposit must be made with a debit card or Apple Pay
- The qualifying bet must be placed on the sportsbook with a minimum stake of £10, and minimum odds of 1/1 (2.0).
- Free Bets can be used on Bet Builders, accumulators, or multiples.
- Free Bets are valid for 30 days.
- Unmatched, unsettled, or voided bets will not count towards this offer.
- Free bet stakes are not returned with winnings.
- Cashed Out or Partially Cashed out bets are excluded from the promotion.
- The offer excludes the following bet types: Canadian, Goliath, Heinz, Lucky 15, Lucky 31, Lucky 63, Patent, Super Heinz, Trixie & Yankee.
Is Betfair Safe?
The clue is in the name! Betfair aims to be fun and fair at all times but should an issue arise they can be contacted on the information below.
Company | PPB Counterparty Services Limited |
Registration Number | C40083 |
Licence and Regulators | Licence Number: MGA/CRP/131/2006
Regulators: Malta Gaming Authority, Gambling Commission |
Contact Details | 0844 871 7000 @BetfairCS |
Address | Triq il-Kappillan Mifsud, St. Venera, SVR 1851, Malta |
Live Chat | https://support.betfair.com/app/home/
Then use the “Get in touch” button to access Live Chat |
How Do Clients Feel About Betfair
Betfair is a hugely popular and well-established betting site. That means there has been plenty of feedback from real customers. Our experts look at this information for genuine feedback from personal experiences.
Numerous people recorded a significant number of positive comments about Betfair’s customer service. There were plenty of instances where customer service quickly and efficiently solved the issue, which was highly appreciated.
There was a distinct dichotomy of what people thought about the value of odds. At the same time, plenty of customers were happy about the quotes they received on the sportsbook and exchange, just as many insinuated that since being taken over by Paddy Power (now Flutter Entertainment), Betfair odds weren’t as strong as they used to be.
We did run into several complaints posted about cashing out on accas, with one punter claiming to have been offered a minimal offer compared to the value of stake played, while another stated, “I placed a 5 team accumulator and four teams won…so I decided to cash out, but one result, showing a 2-1 win wasn’t registering as a win, so wouldn’t allow my cash out.”
Does Betfair Have An App?
Betfair has an app that can be downloaded from the Apple Store or Google Play Store. The app has a slick design and makes it easy to navigate to the markets you require in seconds. On the Apple Store, Betfair’s app has over 100k reviews and a high rating of 4.7 out of 5.
Key Takeaways From Our Inhouse Betting Experts
It is clear that Betfair has one of the most attractive products in the industry, appealing to both novice and seasoned punters. They stand out with regular customer offers like daily Odds Boosts, enhanced odds on up to three horses daily, and extra places on horse races. The user-friendly platform has a well-organised desktop interface and a smoother mobile app, ensuring easy navigation, bet selection, and a quick betting process.
How Does Betfair’s Sign-Up Offer Compare With Other Bookmakers?
The format of the Betfair joining bonus is straightforward, which is claiming a free bet for making a qualifying stake.
Therefore, we can directly compare the bonuses against those offered by other online bookmakers.
Bookmaker | Welcome Offer | Minimum Odds | Minimum Bet |
Betfair | Bet £10 Get £50 in free bets | 1.5 or greater | £10 |
Paddy Power | Bet £10 Get £25 in free bets | 1.5 or greater | £10 |
SBK | Bet £10, get £10 In Free Bets | 1.5 or greater | £10 |
BetUK | Bet £10, get £30 In Free Bets | 1.5 or greater | £10 |
BetMGM | Bet £10, get £40 In Free Bets | 2.0 or greater | £10 |
Copybet | Bet £10, get £40 In Free Bets | 1.5 or greater | £10 |
Bet365 | Bet £10, get £30 In Free Bets | 1.2 or greater | £5 |
Grosvenor | Double The Odds | n/a | £10 max |
Midnite | Bet £10, get £20 In Free Bets | 4.0 or greater on accas with 4+ legs | £10 |
SkyBet | Bet £5 get £30 In Free Bets | 2.0 or greater | £5 |
Are Betfair Odds Fair?
Here are some clear examples of bookmaker margins that we uncovered at Betfair. The bookmaker margin, or overround, directly relates to odds, as it involves the operator’s cut of profit.
Crystal Palace vs Everton – Premier League
Home Win: 2.45
Draw: 3.1
Away Win: 3.1
Margin: 105.33%
Payout: 94.67%
Chelsea vs Manchester City – Premier League
Home Win: 4.5
Draw: 3.8
Away Win: 1.73
Margin: 106.34%
Payout: 93.66%
Blackburn vs Preston – The Championship
Home Win: 1.91
Draw: 3.6
Away Win: 4.0
Margin: 105.13%
Payout: 94.87%
The conclusions to draw from that are positive. In our opinion, Betfair run some good bookie margins, averaging around the 105% mark for Premier League fixtures.
How Competitive are Betfair’s Odds?
To examine direct odds value against other bookmakers more closely, I performed an odds comparison test on a few Premier League matches, one of the most popular areas of UK betting.
Wolverhampton vs Tottenham – Premier League
The away side, Tottenham, were the favourites in the match outright, with Betfair quoting 2.15 on them to collect three points. This was a good average quote across many bookmakers, matching the likes of Bet365 and SkyBet. BetMGM and BetUK did top them at 2.18 on the Spurs win.
Crystal Palace vs Everton – Premier League
For a final check on Betfair value, I dipped into the Over/Under market for Crystal Palace vs Everton. The match outright odds depicted this as likely being a close encounter. For Under 2.5 Goals, Betfair quoted 1.67, easily beating many main competitors, including Bet365 and BoyleSports. The Betfair odds were only narrowly beaten by Unibet, BetUK and BetMGM at a 1.68 quote.
In summary, combined with some decent margins, the odds comparison showed me that Betfair delivered some excellent fair odds.
Betfair Key Sportsbook Features
Betfair Key Sportsbook Features
Betfair Exchange
The Betfair Exchange is a slightly different way to bet from the Sportsbook. You’re not betting against the bookmaker but against other punters like yourself. So the way it works is if you want to place a bet on a team to win, that bet has to be matched by someone betting on that same team not to win.
So there are two ways to bet on the Exchange: a back bet, which punters are familiar with, and a lay bet, where you are betting on an outcome not to happen. Therefore, the punters determine the odds, often differ from what the Sportsbook offers. Money must be available from the opposite outcome at the equivalent odds for your bet to be matched.
So, if you want to back a team to win at odds of 2.4, someone must be willing to lay that team to win at odds of 2.4 to match your bet. If no money is available at your desired odds by the time the event has finished and the market is no longer active, your bet simply won’t get matched, and you’ll get your money returned to your account.
It’s a slightly different betting dynamic to a Sportsbook, but it can be advantageous, especially when betting at larger odds. Do note that Betfair takes a 5% commission of your winnings, which will be deducted from your returns if your bet wins.
Bet Builder
The Betfair Bet Builder tool enables you to create a same-game multi. Navigate to the match you wish to bet on, then go to the Bet Builder tab. It offers a list of eligible markets, and you can add any selections from those markets to combine into a single bet. The cumulative odds are automatically calculated. All the selections must succeed for this bet to win, just like an accumulator.
Betfair Live Streaming
Being able to watch the event you’ve placed a bet on makes it so much better, which is why Betfair offering the ability to live stream certain events is excellent. They have a variety of sports that provide a live streaming service, including Football, Horse Racing, Tennis, Basketball, Snooker, and more.
500+ Football Markets
The number of markets Betfair supports make for a football punter’s dream. Match result, goals, cards, corners, throw-ins, individual player markets, plus a load more, make your options at Betfair extremely wide-ranging.
Substitution Guarantee
A nice little insurance offer from Betfair is their Substition Guarantee promotion, where punters will receive money back with the bet voided if you’ve bet on a player-specific market and your chosen player is substituted in the first 10 minutes. This applies to all Premier League, Champions League, Europa League (from Group Stage onwards) matches on selected markets
Cash Out
Cash Out options are widely available across the Betfair sportsbook. The feature lets you settle a bet early if the conditions fall into place. A Cash Out offer will be less than the payout on a fully settled bet because it mitigates some risk. Partial Cash out is also available, where you settle part of an active bet, leaving the rest to run on the wager.
Expert Tips
There is an extensive betting tips section at Betfair. This provides insights from industry experts, covering some of the biggest upcoming football matches, horse racing, golf, cricket and much more.
How is the In-Play Betting Experience on Betfair?
The in-play betting experience at Betfair is comprehensive and focuses on many different sports, including football, tennis, basketball, American football, volleyball, baseball and more.
A live football match page includes an infographic which displays important details from the match as they happen.
Things like ‘Dangerous Attack’, ‘Shot off Target’, ‘Corner Kick’ and ‘Substitution’ are shown to help portray the game, and in-game match statistics back that up.
The market variety of in-play betting at Betfair is excellent. The markets appear to update quickly, and they have also integrated some of their popular features.
Many live markets are available for Cash Out, while there is a dedicated in-play Bet Builder and even the #OddsOnThat feature. The live in-play betting markets are easy to navigate and run smoothly on their mobile app. Live streams, when available, can accompany the live markets at the same time.
What Payment Methods do Betfair Accept?
There are many payment options for a deposit at Betfair. Note that only a debit card deposit qualifies for the Betfair sign-up offer. Variances in minimum odds are in place across the payment options.
Payment Method | Fee | Processing Time | Minimum Deposit | Maximum Deposit |
Debit Card | Free | Instant | £5 | £5,000 |
Apple Pay | Free | Instant | £5 | £99.999 |
Instant Transfers | Free | Instant | £5 | Bank dependent |
Cash (at Paddy Power shop) | Free | Instant | £10 | n/a |
PayPal | Free | Instant | £30 | £6,000 |
Skrill | Free | Instant | £20 | £32,500 |
Neteller | Free | Instant | £20 | £32,500 |
Paysafecard | Free | Instant | £20 | £400 |
Bank Transfer | Free | Instant | £20 | Bank dependant |
Rapid Transfer | Free | Instant | £20 | £4,000 |
MuchBetter | Free | Instant | £20 | £20,000 |
How do I Withdraw Money from Betfair?
Betfair operates on a Net Deposit system, a ‘Closed Loop Policy’. The deposit method used is the one that you will have to withdraw back to. Customers can have more than one payment/withdrawal option on their account.
A positive Net Deposit amount is required to withdraw, meaning that you must have deposited more than you have withdrawn to any payment source.
Withdrawal Method | Fee | Processing Time | Minimum Withdrawal |
Debit Card | Free | 2-5 working days | £0.01 |
Apple Pay | Free | 2-3 working days | £0.01 |
Instant Transfers | Free | Immediately | £0.01 |
PayPal | Free | 1-4 hours | £1 |
Skrill | Free | 1-4 hours | £1 |
Neteller | Free | 1-4 hours | £1 |
Bank Transfer | Free | 1-5 working days | £10 |
Rapid Transfer | Free | 2-3 working days | £0.01 |
MuchBetter | Free | Up to 24 hours | £0.01 |
Sports Markets
Betfair offer an extensive of sports and events markets from around the world. You can see a comprehensive list of the available sports markets below:
- American Football
- Aussie Rules
- Baseball
- Basketball
- Bowls
- Boxing
- Cricket
- Cycling
- Darts
- ESports
- Football
- Formula 1
- Gaelic Games
- Golf
- Greyhound Racing
- Handball
- Horse Racing
- Ice Hockey
- Lotto
- Motor Sport
- Politics
- Pool
- Rowing
- Rugby League
- Rugby Union
- Snooker
- Speedway
- TV Music and Film
- Table Tennis
- Tennis
- UFC and MMA
- Volleyball
- Winter Sports
- Wrestling
Betfair FAQs
How many people use Betfair?
With their worldwide operations, Betfair reportedly have more than 3 million customers.
How do I claim the Betfair free bet offer?
Claiming the Betfair free bet offer is very straightforward – you can do it as part of the sign-up process. Enter the code ZSKAOG in the “Promo code/Referral code” box during the joining process.
Can I sign-up for Betfair outside the UK?
If you are located in a country where betting is legal, you can sign up to Betfair. But if you are located where betting is illegal, you can’t sign up to Betfair.
When will my Betfair account be credited?
Betfair are generally speedy at settling bets with accounts receiving returns within minutes of settling the bet. Sometimes, it can take a little longer, but that often doesn’t happen.
How do I contact the Betfair customer service team?
You can contact the Betfair customer service team by phone on 0844 871 7000. Failing that, you can get in touch using the live chat service on their website or by using social media channels Twitter or Facebook and contacting them on there.
Which betting markets can I find at Betfair?
The range of betting markets on offer at Betfair is brilliant. There are thousands of options, from the classics such as full-time result, both teams to score and correct score bets to more obscure markets such as players receiving a card or having a certain amount of shots on target. And that’s just Football! Extensive ranges on other sports such as Horse Racing and NFL, plus a host of others, means there won’t be many markets you can’t find on Betfair.
Do Betfair have a maximum payout?
The maximum payout at Betfair is different on a per sport and per market basis. But the maximum payout available is £1,000,000.