Betfair free bets and betting review for major bookmaker
Betfair are one of the leading bookmakers in the market and plays host to the biggest betting exchange in the UK. They offer a complete betting service with thousands of markets at very competitive odds.
Betfair Free Bets and Review
Betfair are not just any ordinary bookmaker, they are the pioneers of the betting exchange too. Along with the Sportsbook product which everyone recognises, they are one of a few brands who also allow the user to play bookie themselves.
Since being founded back in 1999, customers have been able to sign up and bet with Betfair with their move online coming a year later after a successful start. The largest market they operate in is the UK with players also being accepted in other European companies such as Italy and Spain
The Sportsbook they operate provides customers with a vast array of sports and markets where you can place your bets with the bookmaker in a traditional fashion. Even after you have signed up, Betfair ensure they look after their customers by providing other promotions and loyalty bonuses to keep you engaged.
The Exchange is what makes Betfair standout in the congested market however. Despite a few other brands creating their own betting exchanges in recent years, the Betfair Exchange is still far the most superior in the market in terms of liquidity and market share. It allows you to take the position of the bookmaker yourself.
Check out our Ladbrokes review with extra free bets HERE*
In a horse race for example, you can back the horse to win much like on any Sportsbook, however if you feel it won’t win, you can choose to ‘lay’ the bet. This means you are backing the horse not to win. If it win’s you lose your bet. When placing a ‘lay’ or ‘sell’ bet, you are on the other side of the coin to someone who is backing the horse to win. You are not betting against Betfair, they are just facilitating the bet and therefore take a commission. The majority of the money is transferred between one customer to another. This format is the same for other sports where Exchange betting is available.
The betting exchange proposition is what really makes Betfair as a brand stand out in the market as it is a one stop shop for everything as you can not only back a selection to win, you can also back a selection to lose.
Betfair Free Bets, Offers and Promotions
How to Sign-up to Betfair
It is extremely easy and quick to open a Betfair account. Just follow the instructions from the sign up link below and enter a few details about yourself including name, age, email and address and you will have an account within minutes. Depending on the offer you have claimed, will determine the betting requirements needed to get your free bets. Make sure you read the T&C’s to ensure you claim the promotion correctly.
What is Good About Betfair
Betfair is one of the leading online bookmakers in the UK and therefore has lots of good features which make betting with the brand enjoyable. Some of the biggest pros are:
- Very competitive odds
- In-Play betting
- Cash-out
- Excellent mobile products
- Thousands of markets
Betfair Products
Betfair have over the years perfected their app so that it is one of the best in the business for both the Sportsbook and the Exchange. You can install the App through the usual channels of the App store for iOS and Google Play store for android users. Live streaming and Cash-out features are all live on the app just like the website.
Check out our Ladbrokes review with extra free bets HERE*
Terms and Conditions
The Betfair Sportsbook’s terms and conditions are much the same as all other bookmakers in the market. Make sure you check all the small print for any sign up offer and promotion you wish to take up to ensure you don’t get caught out. The Betfair exchange’s main conditions consist of having a minimum bet value of £/€2 and a commission rate of 2-5%.