Betfair Sign Up Offer: Get a £50 sportsbook bonus in 2024

New customers can take advantage of the Betfair sign-up offer. For placing sports bets, punters can get £50 in free bets by staking a minimum of £20. Similarly, casino players can win up to 100 free spins by depositing at least £10. Keep reading to see the details of the Betfair promotions in 2024 and how you can claim them.

Betfair sign-up offers in October 2024

Betfair 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 particularly notable when it comes to attractive new customer offers, which we'll cover in this article. Here are the products we will be covering for Betfair's new player offers:

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

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: £50 in free bets

The Betfair sportsbook sign-up offer stands out in the UK's competitive online gambling market. Upon signing up, punters are greeted with £50 in free bets after placing a minimum stake of £20 in the sportsbook.

We enjoyed using the Betfair free bets because there were no wagering requirements. You can place the free bet on a sports market right after getting it. If your bet is a winner, you'll get the winnings immediately and can withdraw them immediately. However, the free bet stakes won't be part of those winnings.

Terms and conditions of the Betfair sportsbook free bet:

• Make your first deposit with a debit card
• Place a minimum £20 bet on the sportsbook
• The bet must have a minimum odds of 1/5 (1.2)
• The bet must be placed within 30 days of opening an account
• Exchange bets are excluded from this promotion.

Betfair Casino welcome bonus: 50 free spins

The casino welcome bonus 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 Betfair free spins have a value of 10p per spin. These spins can either be used on Dynamite Riches or some of the other Daily Jackpot games that Betfair picks. Better yet, 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.

Some eligible games for the Betfair Casino sign-up offer may not be available on the app but are available on mobile browsers or desktops.

Terms and conditions of the Betfair casino free spins:

• Free spins are valid for 7 days after acceptance
• Deposits made through e-wallets don't count towards this offer

Betfair New Customer Bingo offer

Last but not least, there is a Betfair bingo bonus for new customers. 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.

Requirements of the Betfair Bingo welcome offer:

• 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.

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 must be paid within 7 days. The tickets can't be converted into cash and they are non-refundable.

How to activate the Betfair welcome offers

Take advantage of the Promo code bonuses Betfair offers. However, before you can jump in and put these bonuses to use, 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 must sign up for a new account before logging in and redeeming 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 make your first deposit through other methods, you can no longer redeem the bonuses.

Other promotions on Betfair

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

Refer a Friend and Earn

Win £10 in cash for every referral you make

Refer a friend, and the operator will award you £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. The referring customer and the one who receives the referral must 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 must 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. A customer must have placed a bet during the last 30 days to be eligible for this offer. Three boost tokens will be awarded once the customer places a bet. These tokens can be used to increase the odds of horse racing and greyhound racing events. The maximum stake on your bet slip must be £25 to use these boosts.

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 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.

Log in to your account using the Betfair poker software to see the prize pools on every leaderboard section. 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 two or more customers 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 participate in the Weekly Speed Race promotion and win a reward from a pool of $1,000. This promotion is available to all poker customers aged 18 or over and is offered weekly. $1,000 is awarded to the best players on the Speed Race leaderboards. An individual can win up to $200 weekly, which is the top prize.

If you win, you will receive your reward in cash right after the weekend. 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 to 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.

In this case, the best hand 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 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 and wins tournaments, daily/weekly rewards, bingo and 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 know how the Betfair welcome offer works, you may wonder what to do with it. A £40 free bet gives you plenty of flexibility, and while you're not limited, we can advise you on how to use the Betfair sign-up offer. See our tips below:

1. Keep track of wins/losses

Make sure you keep track of all your wins and losses when you bet. It's easy for a punter to remember winning but losses are forgotten. Keeping track will help punters get the most out of the Betfair £50 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 £50 free bet in the right place. Remember, you can't withdraw the bet; only the winnings are made through it. So, find the bet with the highest winning percentage 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, plan 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 from the promotion. You will know the fastest way to meet the wagering requirements regarding sign-up offers that award bonus cash or free spins. That way, you can withdraw 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 you should use your free bets on sports you know nothing about. Experiment with sports you are interested in and ensure that the markets you back do have some 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 the 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 it should be tossed aside and wagered on any random market. That's why we encourage you to keep the odds low. Essentially, this means you are giving yourself the best chance of winning 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 talk 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 for Betfair customers.

You can grab This separate offer 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 prefer using PayPal when placing bets on Betfair, you have a few options at your disposal, which we cover below:

Betfair deposit methods

1. Debit and Credit Cards: Betfair accepts major debit and credit cards, including Visa, Mastercard, and Maestro. The minimum deposit amount is £5, and the maximum is £99,999.
2. PayPal: The minimum deposit amount for PayPal is £10, and the maximum deposit amount is £5,500.
3. Skrill: 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. The minimum deposit is £12, and the maximum is £32,500.
5. Bank Transfer: The minimum deposit amount for bank transfers is £10, and there is no maximum deposit amount.

Making withdrawals on Betfair

1. Debit and Credit Cards: The minimum withdrawal amount is £0.01, and the maximum 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 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

Note that e-wallet transfers are usually processed within 24 hours, while for other methods, it can take up to five business days to see the funds in your account.

10 reasons to register with Betfair

Besides Betfair's welcome bonuses, there's a lot to admire about this bookie. See what we like about them below:

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 market's supply and demand rather than being set by the bookmaker. This can often result in more competitive odds than 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 various payment options are available to make deposits and withdrawals.

4. Secure and reliable

Betfair is a trusted company and takes action 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 *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

Betfair only recently added the Bet Builder tool, and we'd already consider it one of the bookie's best features. With it, customers create several bets on one fixture. Here's how to use it:

1. Click on the game you want to bet on
2. Go to the Bet Builder tab
3. Look over the list of all the available markets for that fixture
4. Create your bet by picking several selections from the available options

Once you've done this, your selections will appear in your bet slip just like when you create an accumulator bet. To win, all selections must succeed in having a winning bet slip.

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

7. Welcome bonuses and promotions

Betfair offers highly competitive bonuses. In addition to offering new player offers for several products, Betfair offers perks to existing customers, including free bets, deposit bonuses, and other special offers.

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 your money to cash out any winnings.

9. Streaming supported

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

This makes the site even more appealing to use, as you can pull up a live stream wherever you might be, giving Betfair members greater flexibility.

10. Back and lay betting

With Betfair operating primarily as an exchange, customers have the chance to make back and lay bets. Traditional betting usually involves just back bets. But with an exchange, you can bet against an outcome through the lay markets. 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.

You must understand your overall exposure when staking your cash with lay betting. But don't worry, Betfair shows your exposure before you place a bet, so there's little risk of you making a mistake. The back markets are blue, whereas the lay markets are pink to avoid confusion.

Final thoughts on the Betfair offer

To conclude this exciting post, we are happy with what Betfair has in store for new customers. Betfair is committed to providing value through new player bonuses and 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.