FREE £10 BET
To claim your free bet with Betfair simply follow the on screen prompts, you will first be asked to open an account – when opening the account check that there is a box at the bottom of the registration page titled ‘Code’, in that box there should be a six digit code usually starting with the letters BFB, this code is what gets you your free bet so be sure when you sign up that this is on your sign up page.
After that all you need to do is deposit a minimum of ten pounds and then have ten pounds worth of bets, this can be made up of one bet or a series of smaller bets, also your bets can win, lose or draw to qualify it really dose not matter. You will then receive your free £10 bet within 24 hours.
Click here for your Free £10 bet with Betfair.
Betfair was founded in August 1999 by Andrew Black and Edward Wray and in 2003 won a Queen’s Award for Enterprise in the Innovation category following a full assessment by the Department of Trade and Industry, betfair has since become the largest online betting company in the UK and also is the largest betting exchange in the world with a turnover in excess of £50m a week and over 1,000,000 clients
HOW BETFAIR WORKS
On Betfair you have the opportunity to bet ‘punter to punter’ where you can back and lay a team, dog, horse etc to win or lose thus you eliminate the need for bookmakers. i.e when you ‘back’ a team, dog, horse etc, you are betting that it will win just like you do with a bookmaker. Whereas when you ‘lay’ it you are betting against it winning, if for example you think England won’t win the World Cup you lay England, you offer odds to other backers who wish to back England.(Therefore you are effectively betting The Field Vs Eng) If England don’t win, then you pick up the backers stake, if England win then you pay out in a way that traditional bookmakers would.
Betfair claims it’s odds are up to 20% better than most bookmakers and whilst this may be true in most cases you have to take into consideration that they have a policy of taking commission (5% MAX) off the winning side of the bet.