Betfair

SiteBonus CodeBonus Amount
Bet365_Logo.svgJust Visit Bet365 Websitesee website

“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. T&Cs apply.”

Various Betfair Promo Codes

Betfair Promo Code

Using the following links will get you the maximum betfair bonus going. This bonus depends on where you are located so clicking the link will take you to the promotions page for your country. Ofcourse some countries are not allowed to use betfair (mainly USA).

You should note these bonuses are usually for people using betfair sportsbook. Those using the exchange may not get free bets (this is made up for by much better odds).When you do get a bonus with betfair it is usually paid in free bets which come with certain stipulations, such as any winnings aren’t included in the return.

Click here to claim the biggest betfair bonus

Betfair Casino Bonus Code

Betfair isn’t all about sports betting and the worlds biggest exchange! They also offer a full on casino with some of the best casino games around! New players can claim a 100% deposit match up to £100. There is no need to use any bonus codes (simply click the link below).  Before accepting the bonus you need to be aware that you must wager a certain amount before withdrawing any winnings. Also certain games may be excluded or count less towards wagering (usually roulette and blackjack count less)

click here to claim you betfair casino bonus

Betfair Bingo Codes

Currently the best offer for new betfair customers is a ‘deposit £10 get £50 free’ offer. To make use of this offer simply use this link.
The maximum bonus you can claim is £50  in the form of a £30 bingo bonus and £20 for betfair games i.e. slots etc. This is a great way to test out the site before making future deposits.
As with all promos there are certainly terms and conditions attached  to it. For example you must reach certain wagering requirements in order to withdraw any winnings. Remember to read the site before taking on any bonus before using it.

Click here to claim your Betfair Bingo Bonus

About Betfair

Betfair is the largest betting exchange in the world, they were established in 2000 with a rather unique (at the time) method of sports betting, rather than placing bets against the bookmaker the player (you) place bets against other players. This way Betfair has no liability for any of the bets. If your bet does win it is subjected to commission of around 5%.

Betfair Exchange

Betfair Exchange

Although Betfair is primarily a Betting Exchange they also launched a sportsbook a few years back which obviously has better profit margins for them and enables them to offer customers signup bonuses (betting exchanges operate on small margins so signup promotions are rarely that great)

Betfair Sportsbook

Betfair Sportsbook

Current ongoing promotions at Betfair include

  • Money back on losing accas if 1 leg lets you down
  • enhanced daily odds on set accas
  • Odds bost, if you place a bet and you can get betters odds on the exchange then it gets boosted to those odds.
  • Money back offers on big matches on certain events i.e. first goal scorer, both teams to score etc
  • 3/1 money back horse offer. Place a winning bet on certain horse races and if it wins at 3/1 or greater you get a bet of same value.

Betfair Horse Racing

By far the most popular reason professional bettors use Betfair is for horse racing, without Betfair the pros would have to use sites like Bet365 or Ladbrokes which means missing out on a ton of value! Professional players operate on very small margins so getting an extra 20% value on a horse means a lot to these people.

For a long time Betfair could only offer ‘Win Only’ options on horses where as bookmakers could also offer ‘Each Way’ however recent development have include the ability to bet e/w in the exchange which represents incredible value for money.

Let’s take a look at an example.

The 17.05 at Windsor, the current favorite is ‘Equity Risk’. The current odds at Boyle Sport at 3/1

2015-05-25 11_57_30

 

But on Betfair it’s available at almost 4/1!

2015-05-25 11_57_20

 

This represent around 20% more value!

So if you are professional bettor it really is in your best interests to get a Betfair account.


 

As well as the Exchange and Sportsbook Betfair operate a popular Poker room, up until a few years ago the poker room ran on ‘ongame’ software which was, to be honest, very poor. Nowadays they run on the far more popular (although not great) iPoker software, the same software used by other big UK bookies such as Ladbrokes, William Hill and Bet365.

Betfair Poker

Betfair Poker


 

Betfair Exchange Games is a unique betting area of the website, players can bet on the outcome of poker or blackjack hands (without actually playing the game themselves)

betfair exchange games

betfair exchange games


 

Betfair Live Casino allow players to take part in multiplayer table games with real dealers from around the world.Simply open the live games links through your browser. New players get a 100% match up to £200 plus VIP treatment for loyal long term players and high rollers!

betfair live casino

betfair live casino


 

No Betting site would be complete with out a Casino, and Betfair is no different! operating on Playtech software Betfair Casino offers access to 100s of great casino games including Slots, Roulette and blackjack including some of the biggest progressive jackpots around!

New Betfair casino customers get a 200% match up to £300 which can be used on Slots as well as a £5 NDP. The wagering requirement of the 200% match is 37x that of the bonus. Blackjack and roulette can be used to complete but are weighted at 10x, meaning you need to wager on blackjack 370x to complete WR (so we recommend slots)

Betfair casino promo code

Betfair casino


Betfair Pools is a great way of winning a huge amount of money for a small investment, pools are basically a way of creating prize pools among many users, for example one day there may be a coupon in which you select the correct score of 3 football matches, get all 3 correct and win the jackpot! if someone else happens to win split it. Some Prize pools go up to £10,000,00 but to hit that you need to get the correct score on around 7 football matches.

betfair Pools

betfair Pools


No Betting site would be complete without bingo! Betfair Bingo offers you to play in some great bingo rooms with huge jackpot payouts (most of them being on Sunday) new players get a £30 welcome bonus and entrance to the £1m bonus club where 50,000 people will walk away with a prize. Not sure if Bingo is for you? try out the free bingo rooms running every day or the 1p rooms with guaranteed cash prizes!

Betfair Bingo

Betfair Bingo


Betfair Matched Betting

Matched Betting is when you place a bet at one bookmaker ie bet365 and lay it off on Betfair, the main reasons for doing this is that the bookmaker gave you incredible odds and laying it off on Betfair ensure you can guarantee a profit, or the bookmaker gives you a free bet/signup bonus and you want to ensure you profit from it, or at least get a risk free bet.

Here’s how it works! 

Punter Bob signs up to Betfred, they are offering a £20 free bet when depositing and betting £10, Bob doesn’t want to make a loss so he uses the betfred offer in conunction with his Betfair account to get a free bet without any risk!

So Bob places a £10 bet on Man Utd to Beat Hull at odds of 2.0, since there is every chance Man Utd will lose or draw he must ‘Lay’ this result on Betfair.

So he finds the relevant market on Betfair and ‘Lays’ Man Utd  so that he is guaranteed £10 if they don’t win.

Laying a team is basically betting against that result to happen.
Backing a team is betting on that result TO happen.

Now, whatever happens in the match Bob will get a return, he may lose a little bit due to betfair commission etc but his return will be just under £20

Now Bob has a £20 free bet from Betfred to use as he wish. Since he wan’t a guaranteed return on this too he places.

£20 on Arsenal to Beat Swansea at 2.0

Now he must lay Arsenal on Betfair so that if they lose he returns £20 (not £40), this is because Betfred don’t include free bet stakes in winnings, so if Arsenal wins he gets £20.

The total amount Bob will win from this offer varies on the market he uses, ofcourse he could use the £20 free bet on anything he wishes without laying it off because it’s risk free.

So what about other Bookmaker offers?

 

Some Bookmakers offer ‘enhanced odds’ for example Manu Utd to Beat Hull at 3.0, this means you have to lay less on Betfair to make a profit.

If you are unsure how to lay of a bet please contact me, if you signed up to Betfair through the link on this site I will help you personally.


About Betfair

Established in 2000 betfair went on to rewrite the rules of online betting, their betting exchange gave players far more value than traditional sportsbooks with odds up to 30% better!

The head offices of Betfair in London with around 1,800 employees world wide. Though they don’t accept players from major blackspots like USA they do take on most other countries (similar to Bet365)

According to glassdoor employees at Betfair are overall quite happy, they love the challenges that working for such a company brings (and betfair is a very complex system).Betfair also offers 25 days holiday  and free medical care.

Betfair was established by Andrew Black and Edward Wray, in 2006 the company was valued at £1.6bn, when floated on the London Stock Exchange in 2010 it valued the company at £1.5bn

Betfair Stock Prices

Betfair Stock Prices

Contact Betfair

Want to get in contact with Betair? they have a good range of support options though in my opinion the support isn’t as good as   Bet365 for example.

They have an active twitter account which also has support options and posts the latest promos.

Otherwise contact them through there helpdesk or @betfairhelpdesk

contact betfair

contact betfair

Controversies

Over the years Betfair has fallen to some pretty big controversies including

  • Paying £60m in illegal dividends
  • Massive data breech of 3m records
  • Advertising Standards agency ruling Betfair billboards
  • Introducing premium charges for high rolling winning sports bettors
  • Betfair invalidating after players lay horse at 28-1
  • Betfair ran a blackjack happy hour promo which was massively +EV, after realising their errors they took money back from the players. Even reports of taking money out of their bank accounts, though that allegation was never proven and probably impossible to do.

This may all be offputting but bear in mind they have made big strides on ensure customer data security, Betfair is an incredibly complex system capable of handling 1,000s bets every seconds on 10,000s markets. The guys running it behind the scenes aren’t idiots but f**kups have obviously been made during the last 15 years.