Betfair Review

The biggest betting exchange in the world has a 300% match on your opening deposit for you. It’s pretty dam juicy if you ask us and it works by simply placing your first bet of just £10. Betfair will then give you three more free bets, all to the tune of £10 each, for you to use on their sportsbook, as you wish.

One of the best things about this offer is that the clearing requirements are very low. In fact, apart from having to make sure your opening bet is placed at odds of 2.0 or greater, they are few and far between. As with all of these types of offers, there is some fine print, but we’ve highlighted all you need to know below.

You’ll find that Betfair are a pretty astonishing bookmaker as they offer a huge betting exchange, but also a more than adequate ‘normal’ online sportsbook as well. They are well known for their constant push of promotions to their users, which we love! They range, but you will find that Betfair target the bigger sporting events such as the Masters, Grand National, World Cup, to name just a few.

Betfair Screenshot

Betfair Screenshot

How It Works

Right, so you need to make sure you register an account with Betfair, which literally takes about 2 minutes. Then you need to make your opening deposit and place your first bet of £10. Once you’ve done this and the market has been settled, Betfair will credit your account with three £10 bets to use as you like.

The opening bet must be made at odds of 2.0 or greater and you need to place your first bet within 21 days of opening your account. You then get 30 days to use your three £10 bet tokens before they will expire.

Requirements

As we mentioned earlier, the bet comes with very few requirements, which is great! But, there are one or two areas we want to highlight, as listed below.

  • Your bet needs to be placed at odds of 2.0 or greater
  • For just one £10 bet, a further three £10 bets will be placed into your account upon settlement of the bet
  • It may take up to 48 hours from the settlement of the initial bet until your free bets are activated
  • You get 21 days to place your first bet
  • Only one bonus round is available per account/household

Our Verdict

This has to be one of the best and hassle free betting promotions we have come across in the industry. You essentially are getting a 300% match in the form of a free bet for just a £10 outlay. Plus, unlike a lot of promotions that are similar to this, it doesn’t matter if your first bet wins or loses, either way you will be credited with all three free bets.

Football Offers

Acca insurance

We’ve all been in that dreaded situation where just one leg of our accumulator bet lets us down. It’s the worst feeling ever…well, not ever, but at the time, it’s pretty gutting! Betfair have provided you with a way in which not all is lost, basically by offering a free bet should you find yourself in this situation.

The offer will allow you to claim up to £25 worth of your stake is you manage to meet qualifying conditions. The conditions state that you need to place an accumulator bet at odds of 4/1 or greater and include at least five selections to be awarded the prize. Also, you will need just one of your selections to let you down.

It’s worth noting that you will need to opt-in to this promotion. It’s a very simple process and you can access this page by clicking on ‘Promotions’ from the Betfair homepage. You only need to do this once to be eligible for your entire stay at Betfair. If you do qualify for a refund then your account will be paid within 24 hours of the bet being settled and you will get 7 days in which to sue your free bet.

Offer rules

Any bets that have been placed using existing promotional money will not qualify to this bet. You can bet on any football match from within the Betfair portal but they must be at odds of 1/5 or greater. Your accumulator will also need to include at least 5 teams and also be of total odds of 4/1 or greater. You are allowed to bet on as many multiplies as you like within 24 hours, but only 4 accumulators totalling a maximum of £100 will be paid out within those 24 hours.

The promotion will only pay out if you have one leg that loses. So, if you have two unsuccessful selections, regardless of how many selections you have in your accumulator, then you will not be granted the promotion, neither will you if your bet is successful.

Both Teams to Score (BTTS) acca insurance

As the BTTS market continues to increase in its popularity, the number of promotions that are available is also starting to increase. Betfair are one of the latest sportsbooks to offer you some light relief from being agonisingly close to winning a sizeable chunk of money.

The BTTS acca insurance will provide you with a return in your stake up to £25 should just one of your five-fold or more accumulator bets lose. Bear in mind that it doesn’t matter how many selections you include for your accumulator, it will still only pay out should just one of those selections lose.

You will need to opt-in to this promotion, which you can do by simply logging into the Betfair site and selecting the ‘opt-in’ button. However, once you’ve done this you will be able to take advantage of this any many times as you want. That being said, they will only pay out a maximum of four times in any 24-hour time frame. You can bet on any football match of your choice but selections can only include bets from the BTTS market. If any bets aren’t from this market then that accumulator will not be accepted as part of the promotion.

Offer rules

Each bet on your accumulator must be at odds of 1/5 (1.20) or greater and the total odds of the accumulator must be of 4/1 (5.0) or greater as well. The maximum you will receive from this bet will be £25 with 4 being the total times you can claim this promotion in 24 hours.

Your bet will be paid into your account for sue within 24 hours of the acca being settled. If your acca is successful then you will not receive the free bet, similarly if your acca includes two or more failed selections. Your free bet can only be used in whole and will not include the stake should your selection be successful.

Other Offers

50% Bonus on winning US sport accumulators

There is nothing quite like that winning feeling when you mange to ship a sizeable accumulator bet. All of a sudden the world seems like your oyster and like most, you’ve spent the money in your head before you’ve even had time to check your bookmakers account balance. But, what if we told you that you could win up to half of much as you’ve just won all over again? Sounds to good to be true, right? Well, Betfair are offering up to a 50% bonus on your winning acca from US sports.

The first thing you are going to need is a winning accumulator from any of the major American sports leagues. The markets will vary from match results, match handicap lines, total goals, total points, over/under lines, total runs and moneyline bets. Depending on your sport will depend on which markets are included. Then, from the amount that you win, depending on how many selections you have in your accumulator, will then result in the percentage that Betfair pays out at. The table below shows you exactly how much you could get.

  • Double = 5%
  • Treble = 8%
  • 4 fold = 10%
  • 5 fold = 15%
  • 6 fold = 20%
  • 7 fold = 25%
  • 8 fold = 30%
  • 9 fold = 35%
  • 10 fold = 40%
  • 11 fold = 45%
  • 12 Fold = 50%

Offer rules

The maximum that you can be paid out in 24 hours is £500. It’s also worth noting that any bets made in-play or that are cashed out will not count towards the qualifying conditions.

Bets can be taken from games in the MLB, NBA, MLS, NHL and NCAAB and must contain at least two markets. You will also need all selections to be originally priced at 1/5 (1.2) or greater to qualify. Your bonus will be paid out within 24 hours of the acca being settled.

About Betfair

Betfair are one of the first fully online bookmakers in the industry after the company was founded in 1999. Back then the concept of a betting exchange was a massively revolutionised step for online betting and since then the company have reaped the rewards. The quality of the site has meant that Betfair have had very competitors in the past and those that have tried have often failed.

Betfair is based in Hammersmith, London but is licensed in Gibraltar. The company are a massive business these days and in 2014 reported revenue figures of almost £400million with a net income of around £51millin.

Best features

Betfair are pretty unique in that they offer both a massive betting exchange and very good ‘traditional’ sportsbook. This means that users can literally have the best of both worlds, from just one bookmaker. In turn, the sports and markets that you can access are truly staggering and as we browse through each sport we see that very games and markets are missing. In fact, apart from a few of the most obscure multiple markets that some bookmakers do offer, we couldn’t find any notable absentees.

The site comes packed with features, but their standout offering has to be that of their live streaming channel. This gives you access to dozens of sports and hundreds of games each week, free of charge. What’s great about the whole set up is that you can integrate the stream into the live betting section to watch games live and also see markets react to what’s going on.

On top of that you’re also going to be able to access cash out betting, tradefair, Betfair mobile and one of the best blog/article sections of any bookmaker in the industry.

Ease of use

The site has seen many different designs and layouts in the past, but their latest edition has to be their best yet. It’s ease to flick between sports, but more importantly easy to place bets. The betting slip is one that never leaves you, but never intrudes, again adding to the simplicity of the site, but in turn improving functionality.