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To receive your Betfair free bet, register a new account using bonus code ZSK200 and then place a £10 or more fixed odds wager at odds of 1.2 or better.
Once you have placed your qualifying wager, Betfair will credit your account with 3 x £10 free bets within 24 hours.
Only your first fixed odds sports bet counts as the qualifying wager, for the purpose of this promotion Exchange bets are excluded. Each £10 free bet must be bet all in one go within 30 days of activation and cannot be wagered in increments. While the Cash Out feature is not available to use with the free bet stake.
Betfair ReviewBetfair was the first and original online Betting Exchange offering person to person wagering from the comfort of the punters own home. The peer to peer concept of online gambling is the brainchild of Andrew Black and Edward Wray originally developed in August 1999. Move forward to the present date and Betfair is now the largest and most recognizable online gambling web site, unrivalled in the sports betting field.
Betfair revolutionized the online gambling industry as we knew it. With a massive impact on real world betting operations, providing punters with the opportunity to be the bookie and back or lay selections to win or lose. It truly is a behemoth, a mystical betting beast sent down by the gods to revolutionize the sports betting industry, if you like gambling this is the place to do it.
The ultimate in socialist gambling, Betfair sidesteps the corporations dominating the online gambling experience and since its foundation has developed to become the Rebel Inc. of online gambling. Allowing their members to set the odds, what was then a revolutionary concept back in the year 1999 has now become the norm and year after year the Betfair bubble is bulging with new concepts.
With the ability to offer better odds than every single bookmaker, Betfair has become the market leader in its field purely on the fact that its customers will always offer better odds than established bookmakers whether on the high street or online. Itís a simple concept and very effective and even more popular than a free bet on Grand National day.
Betfair Betting ExchangeWith all the odds in the interest of the punter, the markets are at the mercy of popularity and you can bet on anything that is legal to bet on. This includes Football, Tennis, Golf, Cricket, Horse Racing from around the world, Basketball, Archery, Diving and Softball to name just a few! There's also the Eurovision Song Contest, Big Brother and Britain's Got Talent, which are all located under the Specials category. It is argued that you do indeed need to be special to bet on the Specials markets, nevertheless, the odds you'll find at Betfair will be superior to those found at any high street or Internet bookmaker.
If you're really that stuck, rather than resigning yourself to betting on whatever Simon Cowell has now dreamt up, you can get a better idea of what markets are attracting most interest by quickly glancing at Where's the Money?. It's a great idea to explore markets that may have not of otherwise caught your fancy. For the gambling connoisseur there's also a comprehensive form guide for most markets to allow you to get a real insight into past results.
Trading on BetfairHindsight is a cruel mistress, unless you have the opportunity to lay off your bet in-play. Whether your team is struggling and the odds haven't changed since you bet, or you've placed a bet at your local bookies and are just happy to cut your losses, laying off your bet could be the saviour of your wallet. Gone are the days where you have to stare desperately at a receipt from a high street bookie and regret the moment you placed that bet. Sell your bet and get some of your money back, or if you don't fancy your bet after they go in front, you can cash out before the game has even finished and make an on the spot profit.
With realistic lay prices almost identical to those you can wager on, Betfair gives everyone the opportunity to become the bookmaker and trade their market position by either placing a lay bet in-running or prior to the event starting. You must of heard the age old adage "You'll never see a poor bookmaker", It's how the bookies make their money and they'd be out of business if it wasn't for punters throwing money away on long shots. Very rarely do long odds offer the punter value for money and that is exactly why you should consider Betfair as a viable alternative to the mainstream online bookmakers, with many established bookmakers holding Betfair accounts to obtain better odds than what they sold them to another punter for.
Betfair SportsbookTheir most recent and arguably surprising venture is the introduction of the fixed odds betting service. Fixed odds betting from Betfair was initially greeted with suspicion as they were seemingly moving away from their traditional betting exchange service. The truth is far from the suspicious minds of some and although it is indeed true that Betfair are themselves becoming the bookie, it is publicised as another option for customers who want to take advantage of early morning markets or place multiple bets.
As there may be little or no money in some markets that may be of interest to customers, the service is there to ensure everyone who wants to make certain they are getting a fair price, whether they are backing or laying, do so. Furthermore, the Betting Exchange market liquidity may not come to fruition until later in the day.
The 2nd April 2013 saw Betfair announce the recent purchase of the now defunct BlueSquare Sportsbook's player database for the princely sum of just £5 million. This was a shrewd piece of business on Betfair's behalf presumably to boost their own fixed odds revenue by increasing their player base substantially overnight.
Betfair's fixed odds trading team are located in Dublin, Republic of Ireland where they manage their liabilities. The simple idea is to offer the customer a greater volume of realistic odds earlier, where the trading team will level their side of the liabilities later in the day and take a further profit. So although it may be advantageous to bet earlier with the fixed odds provided by Betfair, it may be worth your while seeing things through and betting closer to the start of the event to ensure you are maximising the possibility of gaining the best odds.
The favourite of the high street punter, multiple bets have been given every weird and wonderful name under the sun. At Betfair, this common idea has been replicated and improved to suit the needs and demands of the online gambler. With decidedly better odds, Free Bet Fridays and consolation prizes such as your stake refunded if your accumulator only loses by one leg on Betfair multiple bets, it is another string to the Betfair bow who continue to push the online sports betting marketplace boundaries.
Live StreamingThe real selling point for the Betfair customer is the free to use live sports feed, where members can keep track of their bets either by video or radio commentary. Although not unique in the marketplace the dedication to providing the most comprehensive list of sports available online is comparable to their willingness to show as many live events as possible. This service truly is a leader in its field.
Mobile BettingWhat goes hand in hand with the Betfair philosophy of always being able to back or lay on any market at anytime is their Mobile Betting service available for both iPhone and Android. Whatever you are doing at whatever time the Betfair Mobile App is always at your fingertips to embrace as many markets as are available on Betfair's desktop site.
Now integral to their overall service, with most customers Smartphone owners, Betfair's development will undoubtedly be in the software available to Smartphone and Tablet users. The formula is simple, the more customers that have the capacity to bet on the move will result in more bets and revenue for Betfair.