Betfair Bookmaker Review
Anyone who takes their online betting even remotely seriously needs to have a Betfair betting account. It’s vital!
The Betfair betting exchange was born in 2000 and it completely changed the online betting landscape. For the first time ever, regular punters could lay horses and teams to lose. They could play the bookie and take bets or using it do sports betting trading to earn money on price fluctuations.
Betfair Free Bets Promo Code
Betfair no longer advertise their Betfair free bets offers for new clients but Betfinder.co.uk does have this handy Betfair promo code which will give new customers 3 x £10 Betfair free bets when they place a first-time bet of £10 or more.
To avail of this offer simply enter the Betfair free bet code ‘ZSK200′ in the promo-code area when opening your new account and make sure your first bet is on a selection priced 1/5 or greater.
If you prefer enhanced betting odds for your first bet at Betfair simply go to their promotions page where there are always some outstanding prices on offer in high-profile sporting events.
Despite being poorly funded Betfair burst onto the scene with a bang back in the year 2000. Naturally the online betting revolution was just dawning but the key to Betfair’s success was it ground-breaking ‘exchange’ model which, just like Futures Markets on the Stock Exchange, allowed people to ‘trade’ betting markets and play ‘layer’ as well as ‘backer’.
There’s been plenty of water under Betfair’s bridge since it surfaced but the company is now bigger than ever. In 2012 Betfair launched a traditional sportsbook which saw customer numbers soar and, in February 2016, the company merged with Irish bookmaker Paddy Power.
There are no shops on the High St. with the Betfair name over the door although the merger with Paddy Power may, in time, see that change.
Other Betfair Offers & Promotions
‘Best Odds Guaranteed’ is standard at Betfair covering UK and Irish horseracing as well as selected dog races. ‘First Pass the Post’ is bulk standard too meaning any horse that is disqualified (UK & Ireland) by the stewards will still be paid out as a winner.
Betfair’s ‘Acca Edge’ is a unique accumulator insurance which returns cash to punters who have one leg let them down in any accumulative bet featuring three or more selections.
It is available on all sports including ‘in-play’ and it does not require any more than four selections in an accumulator. However, this is not an enhancement or bonus more so an added function designed to make Betfair more attractive.
Types of Betfair Bets/Markets
No problems here – Betfair typically have 34 sports/specials on offer and there is a huge spread events within each one. In short Betfair probably boast the most comprehensive betting portfolio, featuring more individual markets, than any other online bookmaker.
Special Features (Bells & Whistles)
With Betfair Exchange introducing the concept of ‘lay bets’ unsurprisingly their relatively new online sportsbook site allows people to cash out. And that’s not the only advantage Betfair sports customers can enjoy as a result of its sister site.
In addition to ‘Cash Out’ Betfair Sports have also developed ‘Price Rush’ which can give Betfair Sportsbook customers better odds than they have taken on singles bets. It does so by scanning their adjoining exchange and delivering a greater price if it is available there.
Ways to Bet at Betfair
Betfair’s Exchange does allow customers to place ‘trades’ via telephone but sadly their Sportsbook does not. Neither does the Sportsbook accept wagers by SMS meaning online is the only way to bet at Betfair.
On the plus side their mobile offering is easy to use and is every part as wholesome as what PC using customers will be accustomed to.
Betfair Customer Service
Unlike many Betfair make their ‘Live Chat’ easy to find and use. But telephone, email, tweets and even messaging via Facebook are promoted as ways to fire your questions to Customer Support.
Payments & Withdrawals Options
You can have several payment methods registered with your Betfair account and you do not need to withdraw winnings back to the card you made your latest deposit on.
In addition to all major credit cards and bank transfers, Betfair also accept Paysafe, Neteller, PayPal and Skrill.
Our Verdict – 5/5
The Betfair betting exchange allows you to take bets (or essentially bet something to lose) from other punters so it’s a very useful tool for hedging your bets and trading out your position.
There is a superb number of markets offered at Betfair and plenty of ways to follow the action with live video, radio, blogs, reports and, for horseracing, Timeform previews.
But the depth of bet types is a little disappointing with ‘winning margins’ and ‘jollies vs rags’ speciality bets missing. The lack of tele-betting, which may be waning in popularity but surely still has its place in modern day bookmaking, is another disappointment.
But this remains a very easy to use and attractive sportsbook with plenty of attractive ‘New Customer Offers’. Furthermore Betfair can offer more betting value than most, and allied to the ability to ‘trade out’ bets at its sister Betfair Exchange, it represents an invaluable tool in any serious punters armoury.
How to claim your Betfair free bets
Place your bet on ANY Sportsbook market. Exchange bets are excluded from this particular Betfair free bets promotion.
- Your free bet can only be used once.
- If you stake less than £/€10 with any of your free bets, the remainder will not be useable.
- Stakes are not returned with winnings if your free bet wins. Your winnings will be credited to your main wallet.
- New customers, 18+ only, T&C’s apply
Terms and Conditions for Betfair Arcade’s New Customer Offer :
‘200% matched Bonus up to £200’
Can I take part?
Yes, providing you are a new customer, in the UK or Ireland and registered using the promo code ARCA20. One offer per customer. Duplicate accounts not permitted. Offer strictly limited to one account per customer meaning one per family, household address, IP address, email address, telephone number, payment account number (e.g. debit or credit card), and shared computer (e.g. public library or workplace). Deposits via eWallets like Neteller and Skrill are not valid for this offer
What do I need to do and when to claim my £200 Bonus?
This offer is valid from 12:00 GMT 28/11/2017.
To take part, all you need to do is ‘claim’ with any amount up to £100
via the Arcade promotions page and you will be awarded with a 200% matched bonus which includes your original stake. When playing your bonus you can view your balance from the header on the Arcade homepage. Hit the refresh button to monitor your rolling bonus balance as you play.
What are the eligible games?
Our “Popular Games” game collection are the games in which you can wager through your bonus.
You can find these on desktop in our collections, on mobile in the A-Z category and highlighted on the promotions page.
Stakes on other games will not count towards wagering requirements.
How can I claim my bonus?
You’ll need to deposit and ‘claim’ with any amount up to £100 on the Arcade promotions page, at which point your matched bonus will automatically be credited to your playable balance.
What do I need to wager before I can withdraw my winnings?
Once claimed, you must wager your total bonus (including your initial stake used to claim) 25 times. For Example, if you claim with £50 , you will be awarded a £100
bonus. You will then have to wager the £150 25 times (25x), which is a total of £3750 , before it can be used as cash or withdrawn.
What happens if I play a non-eligible game with my buy-in bonus?
You will only play with real funds (not the bonus amount) and will not contribute towards wagering requirements.
What happens if I cancel my bonus?
You may only cancel your bonus before you place any stake on eligible games. If you cancel your bonus after wagering on eligible games, you forfeit your buy-in amount, bonus, and any pending winnings you have accrued. Cancelled bonuses cannot be reapplied and winnings cannot be refunded.
What do I need to do before I can withdraw my winnings?
You need to complete the wagering requirement in the specified time, as set out above. If you do not complete the wagering before the bonus expires, you will forfeit the whole bonus including the buy-in amount.
Can I claim any other bonuses while this bonus is active on my account?
If you trigger any other promotional bonus while another is still active, the bonuses will queue in your bonus balance. All your active bonuses will be shown in your Arcade balance, however all wagering on eligible games will count towards the requirements of the first bonus you accepted.
Important message about fair play
General Terms and Conditions (applicable to all bonuses)
Bonuses are awarded to enhance your enjoyment of our games however we reserve the right to govern how bonuses are used before a player is allowed to cash them in. As such we deem it necessary to restrict certain types of wagering from contributing to the wagering/turnover requirements.
1. Any bonus issued is valid for a period of 7 days from the date of issue unless otherwise stated in the specific promotion. Any remaining/unused bonus at the end of the stated period will be removed from the player’s account.
2. Wagering requirements for bonuses will apply to an account from the time a bonus is accepted and/or applied to an account.