You may know it as the largest betting exchange in the world, but Betfair is so much more – read all about it in this post.

Bonus & Offers details
Get £20 in Free Bets + £5 on exchange

New customers only. Min odds 1/5 (1.2). If you place a multiple at least one selection must meet the min odds requirement. Max £20 refund, max £5 Exchange Free Bet, valid for 7 days. Payment restrictions apply. Qualifying bet must be placed and settled within 30 days of account opening. T&Cs apply.

Expires on: 31-12-2020
Last check: 2 days ago

Betfair sign-up offers: welcome bonuses for 2020

Betfair Sign Up OfferGET THE OFFER >
Promo Details (2020) £20 Risk-Free bet + £5 on exchange
Terms above
Eligible Geos UK
Last Verified On 12th October, 2020

The Betfair brand has grown to be a fan favourite with UK punters, and this is due to a combination of great sports betting offerings along with even better bonuses, especially if you want to bet on football. It is a particularly notable site when it comes to new customer offers as well, which is precisely what we will be focusing on through this article. You can see the products that Betfair offers a new player bonus for right here:

  1. Sports
  2. Casino
  3. Bingo
  4. Poker

With four offers on the table for new customers to take advantage of, Betfair really does have something for everyone. Before you can actually jump in and put these bonuses to use however, you need to know how to actually claim them. We have covered this in the category below.

How to redeem the Betfair welcome offers

betfair uk bonus

Like any other betting site in the UK, you have to actually sign up for a new account before you can then log in and redeem the offers. Here is how you can register for a new account with Betfair:

  • Make sure that you are on the UK Betfair site (top-right corner)
  • Click the join now button at the very top of the page
  • Provide vital account details including username and password, name, address, and date of birth
  • Enter a payment method for your first deposit if desired
  • Agree to Betfair terms and conditions
  • End the process and open your account

Whenever you plan on making your first deposit with Betfair, we would highly advise that you do so through the use of a debit card. This includes methods such as Visa and MasterCard, and basically, this will guarantee that you remain eligible to get the welcome offers. If you choose to deposit through other methods, especially for your first deposit, there is a chance that you will no longer be able to redeem the bonuses.

Welcome bonus – Betfair Sports

Sports betting really is Betfair’s specialty product, so it almost goes without saying that this is one of the best welcome bonuses that it has. All new customers, by simply registering for a new Betfair account can lock in up to £100 in free sports bets. This isn't the end of the bonus either, as there is also a £20 risk-free bet that new players can take advantage of through the Betfair exchange offerings. Of course, this means that there is £120 up for grabs by simply joining Betfair for sports betting.

The way to actually redeem the Sports Betting welcome offer is slightly unique. Basically, each time you have managed to place £50 in sports bets, Betfair will credit £20 in free sports bets to your account. You may do this over and over until you’ve got the full £100 in free bets. For the exchange part of this welcome offer, you can simply bet up to £20 on the exchange, and this will be reimbursed if your bet doesn’t win.

You must actually place your bets on a market with odds higher than 1.5 for the sports bets to qualify towards the offer, and this needs to be completed within 7 days of opening your new Betfair account. Like most new customer offers for sports, there are no wagering conditions attached to this bonus.

Welcome offer – Betfair Casino

For new casino customers, Betfair has another thrilling bonus on the cards. Just like the sports welcome bonus, this is a two-part offer that all new players can claim. First of all, you can receive a 100% first deposit match as long as your first deposit is more than £10. The maximum you can get here is £100, but wait – there’s more! Betfair will also give players 30 free spins, which can be claimed before even making this deposit.

For the casino matched funds, there is a wagering condition of 45x, yet the 30 free spins are completely free of wagering restrictions. The spins may only be valued at 1p each, but there is no cap on winnings, and anything that is won can be instantly withdrawn. Both of these bonuses are eligible for 7 days from the date of issue, so just make sure that you keep one eye on this.

Finally, for the 30 free spins to be obtained, you will just need to verify your account through SMS. You’ll get a text message with a code to claim these free spins, and after doing so, they are all yours.

Welcome bonus – Betfair Bingo

Betfair has an extra bonus in store for those who like a bit of online bingo. By depositing and wagering just £10, you can get £30 in free bingo tickets and 30 free spins. Once again, this is a combo style bonus, so you can enjoy two products in one by accessing this offer. The bingo tickets have a 4x wagering condition, but amazingly, there is no wagering condition for the free spins.

To make things even more appealing with this bonus, the free spins are valued at £0.20 each, and there are no limits on how much you can win. This is even better than the main casino offer, yet if you combine the two, as you can do, this is 60 free spins!

Welcome offer – Betfair Poker 

The last bonus we’d like to share with you is the Betfair poker offer for new customers. This bonus actually consists of a 200% welcome boost, where the maximum potential reward is £200. There’s another moving part to this offer too, as there is up to £500 in freeroll tickets available on top of the initial offer. While the offer may seem simple on the surface, it can be a little confusing.

How much you will actually receive is down to how much poker you end up playing. There is something known as SP on the site, which is basically the loyalty points that you accumulate by playing. For every 1,250 points that you accumulate, £27.50 of the total reward will be released and placed into your bonus balance. By managing to release the full amount of the bonus, this is when you’ll receive your 2x freeroll tickets worth £250 in value each.

Main reasons to register with Betfair

So, besides the rather awesome welcome bonuses that Betfair evidently has, just what is it that makes this site so impressive? This is exactly what we will try and highlight within the categories below, for there is a lot to admire about the Betfair offerings.

World’s largest exchange

This is mainly what puts Betfair on the map for many people. It is well known for being the largest betting exchange on the planet, as there are millions taken in sports bets each day through this product. It’s a pretty fast-paced environment, and with the option to make back and lay bets, it does give players quite a bit of flexibility.

Large range of in-play markets

Hanging out for fluctuations in betting markets has been a tactic used by advanced sports bettors for years. However, it wouldn’t be much good if you wanted to make in-play bets in search of better odds, yet then the range was limited. This definitely wouldn’t be a way to describe Betfair’s in-play markets, as there can be hundreds for any single event.

Many welcome bonuses

We’ve looked into the main welcome bonuses that Betfair has throughout this post, yet it’s important to stress that these bonuses are highly competitive compared with the other UK based betting sites. Besides having access to new player offers for several products, we feel that Betfair has been creative with mixing up how they work, and what areas they apply to.

Quite low wagering conditions

Wagering conditions can often destroy a welcome offer if they are too high. With Betfair however, the wagering conditions are often much lower than what you’ll find on other sites. This makes the bonuses more valuable and reduces the need to spend a bunch of your own money to cash out any winnings.

Streaming supported for some sports

That’s right – you can watch key sporting events through your Betfair account, as well as betting on them, of course. This makes the site even more appealing to use, as you can simply pull up a live stream wherever you might be, giving greater flexibility to Betfair members.

Huge jackpots in casino

Within the Betfair casino, you can find a decent range of progressive jackpot games to play. You can just click on the jackpots link to find these games, and with options that provide a payout into the millions, the potential value here speaks for itself.

Decent payment options

Betfair supports a bunch of different payment options for players. This makes it particularly easy to deposit funds and play, but also easy to withdraw funds if you win some money. You can do this through Betfair’s desktop site or its mobile site.


Finally, it’s important to highlight the fact that Betfair is a great site for mobile gamers. There’s a top-level mobile site for people to download, which can be installed on iOS and Android, and all of the product categories can be enjoyed through mobile.


What is a betting exchange?

A betting exchange is where you go and make bets for or against a particular outcome of an event. For example, within online sportsbooks, you could bet that Manchester United will win a game of football. However, within an exchange, you could bet against Manchester United winning, meaning that if the game ends in a draw or they lose – you’ll win.

How good is the support team at Betfair?

In a word, fantastic. Betfair has a 24/7 customer support system in place, whereby members can contact the team through live chat, social media, phone, or email. The team appears to be particularly responsive through social media options like Twitter and/or Facebook Messenger.

What can I do if I cannot install the mobile app?

If your device cannot install the mobile app for whatever reason, you can always jump onto the Betfair mobile site. This mobile site is optimised to suit a wide range of mobile devices, and you can access all of Betfair’s products from this site.

Does Betfair have good odds?

Within the sportsbook, Betfair usually has competitive odds, especially for major sports such as horse racing, tennis, and football. Within the exchange, however, you can usually bet using some of the very best odds in the market. This is because the odds fluctuate in real-time, and you can often pick up some bets with huge value here.

Must I download some software to enjoy any sections?

The only section where you will need to download some software is for the poker section, as this is necessary to get access to the entire poker gaming selection. For all other Betfair categories, you do not need to download anything at all.

Betfair welcome offers and review

To conclude this exciting post, we are perfectly happy with what Betfair has in its locker for new customers. Unlike other sites that just pump out an offer or two to entice members in, Betfair is clearly committed to giving as much value as possible through new player offers, as well as the existing player offers. While it’s always a positive sign to see a site with so many bonuses available, it’s all the more enticing to see a site with so much to offer by way of its products.

There aren’t many sites in the UK today that have such an impressive exchange, combined with the main sportsbook, casino library, poker, bingo, and everything else. Betfair really has blown the competition away with the professionalism of its site alongside the key features that it has made available. We would definitely suggest giving the Betfair site a try when you get the chance.