Betfair Sign Up Offer – £100 free bets for sportsbook – £20 free bet for exchange

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Read all about the Betfair promotions and sign up bonuses for July 2022  in this post.

Betfair sign-up offers: welcome bonuses

*  New customer offer. Place 5 x €/£10 or more bets to receive €/£20 in free bets. Repeat up to 5 times to receive maximum €/£100 bonus.
Min odds 1/2 (1.5). Exchange bets excluded. Payment restrictions apply. T&Cs 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. T&Cs apply.
*** New customers only, max £20 cash refund. Bet must be placed in first 7 days of account opening. Payment restrictions apply. T&Cs 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 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. Take advantage of the Promo code bonuses Betfair offers. 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

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) to check the UK sign up offer
• Click the join now button at the very top of the page to
• 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 recommend using 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 speciality product, so it almost goes without saying that this is one of the best welcome bonuses that it has. Use the Promo Code to get an even better bonus at Betfair. 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 money back in cash 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 50 free spins without deposit and no wagering requirement. After your first £10 deposit you get 50 additional free spins.

For the deposit offer, once you have completed the qualifying requirements you will be awarded your selected free spins automatically. The winnings from your free spins hold no further wagering requirements. 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.

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 £50 in bonuses: £40 free bingo bonus 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. The Free spins are on Dragon’s Luck Slot game to get new players started

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.

Suggestions on how to use your Betfair sign up offer

Now that you have a comprehensive understanding of how the Betfair sign up offer works, you may be wondering what you should actually do with it. Obviously, £100 worth of free bets gives you plenty of flexibility concerning what to bet on. So needless to say, you aren’t limited by any means. However, we still have a few bits of advice relating to how you should use the Betfair sign up offer, as detailed below:

Experiment with different sports

As you've already seen in the information presented earlier, if you redeem the full value of the bonus, you will get £100 in free bets. This is subsequently broken down into five separate tokens worth £20 each. So essentially, assuming that you do redeem the full value, you then get five free shots at different markets. And our number one piece of advice relating to this is to experiment with various sports. After all, the fact that you are using free bets means that you are taking on zero risk. So why not take a punt on different sports to keep things exciting and broaden your own betting knowledge?

That's not to say that you should use your free bets on sports that you know nothing about. But we do mean that you should experiment with sports that you have an interest in. Make sure that the markets you back do have some kind of value to them too!

Keep the odds as close to 1.50 as possible

As dictated within the terms and conditions of the Betfair sign up offer, you need to use your free bets on markets with odds greater than 1.50. This is a fairly low minimum compared to other betting sites, which is already a positive thing. 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!

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 will then increase the chance of taking home a larger profit than usual. Again, this is not a guarantee and it does depend on how your bet performs.

In addition to the better odds that Betfair tends to produce for larger competitions, you will 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.

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. Of course, 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 completely risk-free. You can bet as much as £20 with the promise that you will be reimbursed if your bet loses.

And since this is an extra offer that's on the table for new customers, there is no real reason not to claim it!

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. This also applies to their Promo Code.

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. 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.

Huge jackpots in casino

Within the Betfair casino, you can find a decent range of progressive jackpot games to play. You can stake on these progressive slots for a chance of winning big! 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.

Mobile-friendly

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.

No frozen cashouts

We've already established that Betfair is a site that supports cashouts. However, if you have tried to use a cash-out tool before, you will know that such offers can be frozen. This occurs when there is something happening in the event that could influence the bets that have been made. For example, if there is a decision in football that has gone to VAR, the cash-out tool would be suspended at most sites. But with Betfair, they have committed to eliminating the frustration of frozen cashouts.

This means that if there is something taking place in the event that can affect the bets, you will still be able to hit the cash out button and take the associated winnings. Believe us, this flexibility comes in handy more than you can imagine!

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 actually use these options to improve your chances of taking a win when certain scenarios present themselves.

Just note that with lay betting, you will need to understand your overall exposure when staking your cash. But don't worry, Betfair actually shows you what your exposure is before you have placed a bet. So there is little to no risk of you making a mistake here where you are suddenly liable for hundreds of pounds. Just to avoid confusion, the back markets are shown in blue, whereas the lay markets are shown in pink.

FAQs

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 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 bonuses, 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.