Betfair sign up offer
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Betfair sign up offer

Play with £40

Get the sign up offer

Commit £20 via the promo hub on Sportsbook to qualify. Buy-in and Bonus must be wagered 10 times within 90 days. Min odds 1.6. Debit/credit card deposits only. Full T&Cs.

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Betfair Sign Up Offer: Get a £40 sportsbook bonus in 2024

New customers can take advantage of the Betfair sign-up offer. There is a separate welcome bonus for each gambling category. Punters can get £40 in free bets by staking a minimum of £20. Casino players can win up to 100 free spins by depositing at least £10. Keep reading to learn more about all the Betfair promotions and sign-up bonuses for March 2024.

Betfair sign-up offers in March 2024

Betfair Offer Offer details Sign up Link

Betfair New Customer Offer**

Get £30 in free bets

Sign up with Betfair

Betfair Exchange sign up offer***

Get a Free £20 Exchange bet

Sign up with Betfair

Betfair Casino****

Get 50 Free spins

deposit £10 get 50 additional free spins

Sign up with Betfair

*New customer offer. Place a min £20 bet on the Sportsbook, get £40 in Free Bets.
Min odds 1/5 (1.2). Exchange bets excluded. Payment restrictions apply.
** 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. Payment restrictions apply. Qualifying bet must be placed and settled within 30 days of account opening.
*** New customers only, max £20 cash refund. Bet must be placed in first 7 days of account opening. Payment restrictions apply.
**** New customers only, free spins on selected Betfair Casino Games, Free spins valued at 10p & valid for 7 days after acceptance.

T&Cs apply

The Betfair brand is a fan favourite among UK punters thanks to its great sports betting offerings and bonuses, especially if you want to bet on football. It is a particularly notable site when it comes to new customer offers, which is precisely what we will be focusing on in this article. Here are the products we will be covering for Betfair new player offers:

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

betfair sign up offer

With four offers on the table for new customers to take advantage of, Betfair has something for everyone. Let's get started.

Betfair Sports Welcome Bonus: £40 in free bets

To stay competitive in a highly-populated online gambling market, Betfair offers an attractive welcome bonus to its new customers. The offer gives new punters £40 in free bets when staking a minimum of £20 must be placed within the sportsbook. A qualifying deposit of at least £20 is required and must be done via debit card. Deposits done via other means are ineligible. When placing the £20 bet within the sportsbook section of Betfair, the bet must be on an event with 1/2 (1.5) odds or greater.

betfair welcome offer sports 40 pounds welcome bonus

All of the requirements must be met within 30 days of the account being opened to receive the £40 free bet.

What's best about this welcome offer is that there are no wagering requirements attached. You can place the free bet on a sports market right after getting it. If your bet is a winner you get the winnings and you can withdraw them right away. However, the free bet stakes won't be part of those winnings.

Casino welcome bonus: 50 free spins

The casino welcome bonus is a promotion that offers new players 50 free spins on selected casino games. To qualify for this bonus, new players must opt-in with the promotion code at the top of the page.

The 50 free spins have a value of 10p per spin and will expire after 7 days. These spins can be used on Dynamite Riches or some of the other Daily Jackpot games that Betfair picks. Once the initial 50 free spins have been used, players can receive an additional 50 free spins by depositing and betting a minimum of £10 on Daily Jackpot games. Deposits made through e-wallets aren't valid.

Some eligible games for this promotion may not be available on the app but are available on mobile browsers or desktops. Terms and Conditions apply.

New Customer Bingo offer

Last but not least, there are welcome bonuses for Bingo customers at Betfair. By depositing £10 in any bingo room, you’ll get a £30 bingo bonus (1x wagering), £10 slots bonus (20x wagering) and 100 free spins.

Here are the requirements:
  • Wager £10 in one go to get the £30 bingo bonus
  • Wager 20 times for a £10 slots bonus
  • 100 free spins, each worth 10p are valid on Fishin’ Frenzy Megaways

Additionally, you can opt-in and bet £5 on selected Slingo games to receive a £20 Bonus.

Selected Slingo games include:
  • Slingo Rainbow Riches
  • Slingo Reel King
  • Slingo Fluffy Favourites
  • Slingo Extreme
  • Slingo Lightning
  • Slingo Centurion

The bonuses will be credited as soon as the wagering requirements have been met. Each bonus comes with a 1x wagering requirement and is valid for 30 days. Standard Betfair T&Cs apply.

Betfair Poker welcome bonus: Up to £40 in free tickets.

Betfair is running a new welcome offer that will make poker players happy. It's available to new Betfair poker customers who are over the age of 18. All you need to do is create an account, sign in, download the poker software, and trigger the bonus. While playing poker games at Betfair customers earn Status Points. For every £1 you spend on rake and/or tournament fees, you get 25 SP. Customers have two options:

  • Earn 25 SP to get £20 in free tickets
  • Earn 50 SP to get £40 in free tickets

Players who opt in for the first one get £10 worth of General Tournament Tickets and £6 worth of Twister Tickets. Customers get 40 Free Blinds with a value of £0.10 per blind. On the other hand, opting for the 50 SP version will get you £20 in General Tournament Tickets, £15 in Twister Tickets, and 50 x £0.10 free blinds. Once you pick an offer, you won't be able to switch.

Only the first deposit made on the poker platform can be used to trigger this offer. Customers have 7 days after they create their account to activate this bonus. Once the tickets appear in your account, they have to be spent within 7 days. The tickets can't be converted into cash and they are non-refundable.

How to redeem these Betfair welcome offers

Take advantage of the Promo code bonuses Betfair offers. Before you can jump in and put these bonuses to use, however, you need to know how to claim them. We have covered this in the category below.

Like any other betting site in the UK, you have to sign up for a new account before you can log in and redeem the offers. Here's how you can make a new account:

  1. Make sure that you are on the UK Betfair site (top-right corner) to check the UK sign-up offer
  2. Click the “Join now” button at the top of the page
  3. Provide vital account details including username and password, name, address, and date of birth
  4. Enter a payment method for your first deposit if desired
  5. Agree to terms and conditions
  6. Open your account

When you make your first deposit with Betfair, we recommend using a debit card, as this guarantees you are eligible for the offers. This includes Visa and MasterCard. If you choose to deposit through other methods for your first deposit, you will no longer be able to redeem the bonuses.

Other promotions on Betfair

After you've taken advantage of the Betfair sign-up offers, there are still other promotions for existing customers. Here are a few of the current sportsbook promotions:

Refer and Earn

Win £10 in cash for every referral you make.

Refer a friend and the operator will award you with £10 when that friend stakes at least £10 on the sportsbook, exchange, or casino. The maximum number of referrals is five which means this promotion can get you up to £50 in cash. Both the referring customer and the one who receives the referral have to be registered in the same country.

20 Golden Chips

Bet £10 on live casino games and win 20 golden chips.

This promotion is available to customers who haven't yet played at the Betfair live casino. They have to be 18 and residents of the UK or Rep. of Ireland. Deposits done through e-wallets are ineligible for this offer. When you stake £10 on live casino games, you will receive 20 golden chips. Each of these chips has a value of £0.25. Golden chips expire 7 days after being rewarded. Check the T&Cs to see which live casino games are not eligible.

£2 Free Bet

Win a £2 free bet when you stake at least £10 on accumulators or bet builders on football.

This offer is available to both new and existing customers residents of the UK or Rep. of Ireland. Qualifying bets include only football bets. To qualify, you can make a single bet with a minimum stake of £10 or multiple bets where stakes have a total of at least £10. Qualifying bets need to settle within 48 hours to receive the free bet. Each accumulator or bet builder bet needs to have combined odds of 1/1 (2.0) or greater. The £2 free bet can be used only to place accumulator or bet builder bets on football.

Boosted Odds

Boost your odds on racing bets every day of the week.

New and existing Betfair customers residents of the UK & Ireland can take advantage of this promotion. To be eligible for this offer, a customer must have placed a bet during the last 30 days. As soon as the customer places a bet, three boost tokens will be awarded. These tokens can be used to increase the odds of horse racing and greyhound racing events. To use these boosts, the maximum stake on your bet slip needs to be £25.

Prize Pinball

Daily chance to win a £1,000 jackpot or more + other possible rewards.

Customers can opt-in once a day for an opportunity to win certain prizes daily. Players can 5 free spins, free spins until a win happens, a casino bonus, a Slingo bonus, a live casino bonus, £100 in cash, or a bonus round entry. All rewards have different terms & conditions. The free spins have a value of £0.10 per spin and can be used on certain slot titles (check the T&Cs for a list of eligible slots). The same goes for the Slingo, casino, and live casino rewards.

The £100 cash reward has no wagering requirements. Customers can use the funds anywhere they want. Last but not least, we have the bonus round entry which is essentially a jackpot. Usually, the value of this jackpot is £1.000. It can be triggered randomly and is won once per day. However, if the jackpot is not won on any particular day, it rolls over to the next day. Its value increases with every day that the jackpot is not won.

Daily Leaderboards

Poker players can opt-in for this promotion through the Betfair poker software.

Here are the three leaderboards

  • Tournament Leaderboard
  • Cash Leaderboard
  • Omaha Leaderboard

Any NL Hold'em tournaments and Sit'n'Go tables with a £1 minimum buy-in are eligible for the promotion. Customers who take part in this promotion can win up to £450 in prize pools every day. Possible rewards include cash, tournament tickets, free big blinds, and more. These tickets and blinds expire after 7 days.

To see the prize pools on every leaderboard section simply log in to your account using the Betfair poker software. Prizes are awarded after all the leaderboards are over. Qualifying games award points and the person with the most points at the end of the day wins the biggest reward.

If there are two or more customers who have the same amount of points at the end of the leaderboard, the person who reaches that number of points first will get the prize.

Weekly Speed Race

Poker players at Betfair can take part in the Weekly Speed Race promotion and win a reward from a pool of $1,000. This promotion is available to all poker customers who are aged 18 or over and it's an offer that's available weekly. $1,000 is awarded to the best players on the Speed Race leaderboards. An individual can win up to $200 each week which is the top prize. If you win, you will receive your reward right after the weekend and it will be paid in cash. You can opt-in anytime during the week but you won't be able to finish top if you start late. Players earn points by playing on Speed Poker tables. The idea is to get as high as possible on the leaderboard so you can win a bigger prize.

You can earn more points by playing Speed Poker tables with higher betting limits. For instance, $5 Speed tables will give you 1x points while $100 tables award 1.75x points. Players get points only for the first 1,000 hands they play on Speed Poker that week. Different hands award a different amount of points. Hands that are harder to achieve will award more points. The best hand, in this case, is if you win by having two Aces. Players get 14 points for such an outcome. At the end of the week, if two players have the same amount of points, the one who reaches the points total first will win the biggest prize.

Other bonuses & promotions

Betfair offers various bonuses and promotions to its customers, beyond just the standard welcome bonus. These include enhanced odds on select sporting events, free bets for specific markets or events, and refer-a-friend bonuses. Additionally, there are drops & wins tournaments, daily/weekly rewards, bingo & poker promotions, horse racing offers, and more.

Betfair also has a loyalty program called Betfair Rewards. It allows customers to earn points based on their activity on the site. They can later redeem those points for various rewards like free bets or cashback. Furthermore, Betfair regularly runs seasonal promotions for major sporting events like the World Cup or the Super Bowl.

How to best use your Betfair sign-up offer

Now that you have a comprehensive understanding of how the Betfair welcome offer works, you may be wondering what you should do with it. A £40 free bet gives you plenty of flexibility concerning what to bet on. You aren’t limited, but we still have a few bits of advice relating to how you should use the Betfair sign-up offer, as detailed below:

1. Keep track of wins/losses

Make sure you keep track of all your wins and losses when you bet. It's very easy for a punter to remember winning but losses are forgotten. Keeping track will help punters get the most out of the Betfair £40 free bet. If you know your betting record, it will help you create an image of your betting habits. You will learn which markets suit you best and where is the best place to find value on the market.

Having all the facts will help you place the £40 free bet in the right place. Remember, you can't withdraw the bet only the winnings that are made through it. So, find the bet that has the highest percentage of winning based on your gambling habits and go for it.

2. Make a plan

This is a suggestion that you can combine with the previous one. Before triggering the Betfair sign-up bonus or any other promotion, make a plan about what to do with the bonus funds. Additionally, think about which bets you will place as qualifying bets.

You will know which markets to bet on and how to get the most value out of the promotion. When it comes to sign-up offers that award bonus cash or free spins, you will know the fastest way to meet the wagering requirements. That way you can make a withdrawal as soon as possible.

3. Experiment with different sports

Why not use your free bets to punt on different sports to keep things exciting and broaden your betting knowledge? That's not to say that you should use your free bets on sports that you know nothing about. Experiment with sports that you have an interest in and make sure that the markets you back do have some kind of value.

4. Keep the odds as close to 2/1 as possible

You must use your free bets on markets with odds greater than 2/1, which is already a fairly low minimum compared to other betting sites. But if you understand odds correctly, you know that the more you deviate away from this minimum, the greater the chances that your bet will actually lose. This is something that players often lose sight of when they gamble with free bets

Remember, just because you are gambling with a free token, this doesn't mean that it should just be tossed aside and wagered on any random market. That's why we encourage you to keep the odds low. Essentially, this means that you are giving yourself the best chances of winning some money with your free bets. Of course, nothing is guaranteed!

5. Reserve your free bets for major competitions

Our third piece of advice applies to all kinds of customers. particularly with Betfair, where you will find that some of the best odds materialize around the time of major competitions. You'll also find that they have several promotions and offers to take advantage of.

And when we say major competitions, we are talking about things like Grand Slam tennis or the Champions League. By waiting to use your free bets on such competitions, you can increase the chance of taking home a larger profit, if you win.

In addition to the better odds, you'll also have access to more diverse markets. The more markets available, the more exciting bets you can make. And we would encourage you to explore these markets with the Betfair sign-up offer to get a taste of how they work.

6. Consider the £20 exchange bet too

Although we've hammered home the importance of the Betfair sign up offer for the main sportsbook, we would like to encourage you to consider the exchange sign up offer as well. The exchange sign up offer is also an excellent promotion that Betfair customers can benefit from.

This is a completely separate offer that you can grab if you want to wager on the exchange. This is where you can place back and lay bets on various events. And the beauty of this sign-up offer is that it is less risky. You can bet as much as £20 with the promise that you will be reimbursed if your bet loses.

Payment methods at Betfair

While we personally prefer using PayPal when placing bets on Betfair, you have a few options at your disposal. Keep reading.

Deposits

  1. Debit and Credit Cards: Betfair accepts all major debit and credit cards, including Visa, Mastercard, and Maestro. The minimum deposit amount for cards is £5, and the maximum deposit amount is £99,999.
  2. PayPal: PayPal is an e-wallet that allows users to make fast and secure online transactions. The minimum deposit amount for PayPal is £10, and the maximum deposit amount is £5,500.
  3. Skrill: Skrill is another popular e-wallet that allows users to make deposits to their Betfair account. The minimum deposit amount for Skrill is £10, and the maximum deposit amount is £25,000.
  4. Neteller: Neteller is a third-party payment processor that offers fast and secure transactions. The minimum deposit amount for Neteller is £12, and the maximum deposit amount is £32,500.
  5. Bank Transfer: Bank transfers are a safe and reliable way to deposit funds to your Betfair account. The minimum deposit amount for bank transfers is £10, and there is no maximum deposit amount.

Withdrawals

  1. Debit and Credit Cards: The minimum withdrawal amount for cards is £0.01, and the maximum withdrawal amount is £20,000 per day.
  2. PayPal: The minimum withdrawal amount for PayPal is £1, and the maximum withdrawal amount is £5,500 per transaction.
  3. Skrill: The minimum withdrawal amount for Skrill is £1, and the maximum withdrawal amount is £25,000 per transaction.
  4. Neteller: The minimum withdrawal amount for Neteller is £2, and the maximum withdrawal amount is £37,500 per transaction.
  5. Bank Transfer: The minimum withdrawal amount for bank transfers is £10, and there is no maximum withdrawal amount.

E-wallet transfers are usually processed within 24 hours. Other methods can take up to five business days to transfer the funds to your account.

10 reasons to register with Betfair

Besides the awesome welcome bonuses that Betfair has, what makes this site so impressive? This is what we'll highlight below, as we think there is a lot to admire about Betfair.

1. Wide range of betting options

Betfair offers a wide range of sports and events to bet on, including football, horse racing, tennis, basketball, and many more. This means you'll have plenty of options to choose from when placing bets, and you'll be able to find markets and odds for most major sports events. Sometimes there can be upwards of 100+ markets for any single event.

2. Competitive odds

As a betting exchange, Betfair allows users to act as both bookmakers and punters. This means that the odds are determined by the supply and demand of the market, rather than being set by the bookmaker. This can often result in more competitive odds compared to traditional bookmakers, as market forces can drive the odds down.

3. Convenient and easy to use

Betfair's website and mobile app are user-friendly and easy to navigate, making it quick and easy to place bets. You can access the platform from your computer or mobile device, and there are a variety of payment options available to make deposits and withdrawals.

4. Secure and reliable

Betfair is a well-established and trusted company and takes steps to ensure the security and privacy of its customers' personal and financial information. The platform uses secure servers and encryption to protect your data and is regulated by the UK Gambling Commission, ensuring that it adheres to strict standards of fair play and responsible gambling.

5. 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.

6. Bet Builder & OddsOnThat features

The Bet Builder tool is something Betfair added recently and it's one of the best features on their website. Customers can use this feature to create several bets on one fixture. Just click on the game you want to bet on and then visit the Bet Builder tab. It will show you a list of all the available markets for that fixture. You can then create your bet by picking several selections from all the options. All the selections you pick will appear in your bet slip just like when you create an accumulator bet. Additionally, all selections must succeed to have a winning bet slip.

The OddsOnThat tool works like the Bet Builder but Betsoft creates the betting combinations. For instance, in a basketball bet, you can pick who wins, who scores the most, and who gets the most rebounds in the same fixture.

7. Welcome bonuses and promotions

Betfair has highly competitive bonuses. Besides having access to new player offers for several products, Betfair gives perks to existing customers too, including free bets, deposit bonuses, and other special offers.

betfair sign up offer

8. 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.

9. Streaming supported

That’s right – you can watch key sporting events through your Betfair account, as well as betting on them. Furthermore, Betfair offers promotions to new and existing customers.

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.

betfair sign up offer

10. Back and lay betting

With Betfair operating primarily as an exchange, this provides customers with the chance to make back and lay bets. Of course, traditional betting usually involves just back bets. But with an exchange, you can then bet against an outcome through the lay markets. Again, the lay markets improve the flexibility that you have with your betting decisions, and you can use these options to improve your chances of taking a win when certain scenarios present themselves.

betfair sign up offer

With lay betting, you'll need to understand your overall exposure when staking your cash. But don't worry, Betfair shows you what your exposure is before you place a bet. So there is little risk of you making a mistake, but just to avoid confusion, the back markets are shown in blue, whereas the lay markets are shown in pink.

Final thoughts

To conclude this exciting post, we are perfectly happy with what Betfair has in its locker for new customers. Betfair is committed to giving value through new player bonuses, as well as the existing player offers. There aren’t many sites in the UK that have an impressive exchange, combined with a sportsbook, casino library, poker, and bingo. Betfair has blown the competition away with all these key features. We would suggest giving the Betfair site a try.


Avatar of Gavin Davison
Gavin Davison

Gavin is a full-time copywriter based in the UK and has developed in-depth knowledge of the igaming world by working in the betting industry for over five years. During this time, he has written thousands of articles covering various topics, including bookmaker reviews, ‘how to’ guides, bonus comparisons and much more.

Betfair sign up offer FAQ

Is Betfair legal in the UK?

Betfair is legal in many countries around the world, including the United Kingdom and most of Europe. However, the legal status of online gambling varies by country, so it is important to check the laws in your jurisdiction before using Betfair.

How do I sign up for a Betfair account?

To sign up for a Betfair account, go to the Betfair website and click on the sign-up button. Follow the prompts to create a new account, providing your personal information as required.

How do I deposit money into my Betfair account?

To deposit money into your Betfair account, go to the “My Account” section of the website or app and select the “Deposit” option. You can then choose a payment method and follow the prompts to complete the deposit.

What is a betting exchange?

A betting exchange is where you go and make bets for or against a particular outcome of an event. Only bets that are qualifying will count towards your betting exchange account.

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 do I contact Betfair customer support?

To contact Betfair customer support, go to the “Help” section of the website or app and select the “Contact Us” option. You can then choose the appropriate contact method, such as email or live chat.

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.

Can I place bets on Betfair from my mobile device?

Yes, Betfair has a mobile app that allows you to place bets from your smartphone or tablet. The app is available for both iOS and Android devices.

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.

How do I withdraw money from my Betfair account?

To withdraw money from your Betfair account, go to the “My Account” section of the website or app and select the “Withdraw” option. You can then choose a payment method and follow the prompts to complete the withdrawal.