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Betfair Sign Up Offer & Promo Code: Claim Free Bets in May 2024

Betfair Sign Up Offer: May 2024

How to claim Betfair’s Sign Up Offer

Betfair Sign Up Page

Making use of Betfair’s sign up code has never been easier and is a very simple process, with the user being able to claim £20 in free bets from just a £5 stake.

In order to claim your £20 in free bets with Betfair, just follow these steps:

  1. Head to Betfair’s sportsbook
  2. Start the account creation process
  3. Input your personal details including email, telephone number, and home address
  4. Enter the promo code ZBHC01
  5. Choose your username and password
  6. Finalise this process
  7. Deposit £10 into your account
  8. Place a £5 bet on any sports market at odds of 1.5 (1/2) or higher
  9. Once this is settled your account will be credited with £20 in free bets
  10. The free bets will expire after 30 days and cannot be used on the Betfair exchange

Betfair’s Performance at the 2023 Bookmakers Awards

Category

UK Bookmaker Award Ranking 2023

Football Odds

2nd

Market Selection

16th

Customer Service

16th

Banking

6th

Betting Experience

6th

Welcome Bonus

14th

Overall

8th 

The UK Bookmakers Awards is an industry-led event that helps highlight and celebrate bookmakers’ achievements in certain categories throughout the year.

Betfair performed admirably at the recent Bookmaker Awards, earning themselves a top of the midfield pack 8th place overall finish, with some impressive performances in important categories.

Placing sixth in ‘Betting Experience’ is an excellent performance, beating out many other sportsbooks to finish this high is a testament to their strong user experience.

They’ve an excellent interface for both website and app that is clear, quick and easy to use, making them deserving of their sixth-placed finish.

They finished sixth in the ‘Banking’ which is impressive, as a major part of any user’s experience is feeling safe and secure when dealing with your banking details.

Beyond this, Betfair performed well enough in other areas, slightly lacking in a few sections such as ‘Market selection’ and ‘Welcome Bonus’, yet this new sign up offer may act to change this at next year's awards.

However, this is all mitigated by their truly superb football odds, which have been recognised by their second placed finish in this region.

Bringing their customers some of the best odds and prices around, this combined with an excellent breadth of selections for these markets, which has no doubt contributed to their excellent overall finish in 8th place.

How does Betfair's Sign Up Offer Compare with Competitors

Betfair’s sign up offer holds up against many of the UK's biggest bookmakers and is well worth looking into for any new customers.

The £20 in free bets certainly provide excellent value for money, offering a stake to bonus ratio of 400%

This is great for any players who want to receive a decent amount of bonus funds without having to stake too much.

There are some welcome offers around that provide more than £20 in free bets; these often require far higher qualifying bet amounts.

The minimum odds for your qualifying stake is also worth noting at 1/2 (1.50), with this being far lower than most other betting sites.

The 30 days expiry is also great, as most other bookmakers only give players seven days to utilise their free bets.

Sportsbook

Bonus offer

Bonus %

Bonus Code

1. Betfair

Bet £5 get £20

400% 

ZBHC01

2. Virgin Bet 

Bet £10 get £20

200%

No Code 

3. bet365

Bet £10 get £30

300%

365GOAL

4. Unibet

£40 back as Free Bet

100%

No Code

  1. New Customer offer. Place a min £5 bet on the Sportsbook on odds of min 1/2 (1.5), get £20 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards or Apple Pay will qualify. T&Cs apply. Please Gamble Responsibly
  2. New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of each-way bets only. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. each-way & multiple bets), stakes not returned. Full T&Cs apply. Bet Responsibly. BeGambleAware.org. 18+
  3. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. Full T&Cs
  4. 18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first sports bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. Visit Unibet.co.uk for full T&C's.

Key Terms and Conditions of the Betfair Sign Up Offer

Sportsbook

Bonus Amount 

Minimum Stake

Betfair

£20

£5

Key Terms and Conditions: New Customer offer. Place a min £5 bet on the Sportsbook on odds of min 1/2 (1.5), get £20 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards or Apple Pay will qualify. T&Cs apply. Please Gamble Responsibly

This offer is only available to new customers with Betfair, with new players able to receive £20 in free bets from a £5 qualifying stake.

Players must use the promo code ZBHC01

This offer proves to be excellent value for those looking to bet on Cheltenham, as you need to place your qualifying bet on the festival, whilst your free bets can then be used on either Cheltenham or Champions League multiples.

Free bets will expire after 30 days and can be staked on any of Betfair’s sports betting markets, with you unable to use these on Betfair’s Exchange.

Betfair Exchange

Betfair Exchange

Betfair’s Exchange offers users a brand new way of playing, not against the house but also against other bettors.

Using a system of ‘Back’ or ‘Lay’, Betfair allows users to compete and bet against each other and get the most accurate odds around.

Basics of the Exchange

The Betfair Exchange follows the rough model of a stock exchange, but replaces stocks with and trading with betting odds on sporting events.

In any market, there are two sides to any bet: ‘Back’ and ‘Lay’, with the exchange connecting these two sides of the bet.

A mutually agreed price is reached on whether an event will or won't happen. This is influenced by the amount of ‘Backers’ or ‘Layers’ each side of the market has and how much each of these groups stake.

This method means users can get far better odds on markets than they could going through traditional bookmakers given you're playing against other people and not the house.

Backing on the Exchange

When betting on an exchange, you are either placing a ‘back’ bet or a ‘lay’ bet.

Placing a ‘back’ bet means you are betting on something to happen, be this a horse to win or a player to score.

You do this against other players, which allows you to receive better odds than bookmakers as other players back their own predictions on things.

When placing a ‘back’ bet, you choose your odds and the stake to want to bet, This then needs to be matched by another player. If this occurs you can win up to and according to the odds you specified and your stake.

Laying on the Exchange

Placing a ‘lay’ bet means you’re betting against an event happening, be this a particular horse to not win or a team to lose, this can be any result other than the thing you have specified in your ‘Lay’.

You set the odds and stake amount, but you must make sure you have enough money in your account to pay out the full amount of your ‘lay’.

If your ‘Lay’ odds are 10/1 and you place a stake of £50. You must have £500 in your account to ensure you can act as the bookie and can pay out the full returns to your opponents if your bet loses.

Laying is significantly more complicated than backing, however, the odds are, in theory, in your favour as you're betting on every other outcome.

For instance, if you ‘lay’ Real Madrid to win, they could lose or draw, whereas if you placed a ‘back’ bet, you’d need them to win.

Betfair's Offers for Existing Players

Betfair offers some excellent promotions and bonuses for existing customers, ranging from free bets to referral programs.

Free Acca/Bet Builder

Betfair Acca free bet

Betfair are giving all players a completely free football accumulator or bet builder once a week between £1-£5.

All players need to do is claim this offer from their promotions page. Then create an acca or bet builder. This must have odds of over 1/2 (1.50).

One done Betfair will provide players with a free bet anywhere between £1 and £5. This then must be used on this accumulator created.

Substitution Guarantee

Betfari sub insurance

Betfair lets players to void any specific player bets within their accumulators or bet builders if they are subbed off in the first 10 minutes.

This applies to all single-player offerings that cover the likes of shots, bookings and assists.

That specific leg will be shown as voided and the rest of the accumulator will carry on with the odds updated as a result.

This only applies to substitutions in the first ten minutes of the game and can give players a reprieve.

Betfair Casino

Betfair in addition to their excellent sportsbooks and exchange offerings also bring their players a set of casino games that are virtually second to none.

This includes a great selection of:

  • Slots
  • Live Casino
  • Card and Table Games

Slots

Betfair brings their players one of the widest selection of slot games out of any of the online bookmakers. These all come with their own themes and rules, allowing players to choose from a whole range and whatever may take their fancy.

The jackpots, rules and wagering minimums also vary by slot games, this then gives the player an opportunity to choose the slot game that suits their style of play best.

With hundreds of different slot games players will always be able to find exactly what they want with these running 24/7.

Live Casino

Players are able to access other newer advents in online casinos with Betfair, through their live casino options.

Here players are immersed in the full casino-style experience, with a real-life dealer and table via live stream.

Users can then place bets in between hands or spins and watch their bets unfold in real-time via this stream. This is available for roulette, blackjack and poker with all streams having their own rules and wagering requirements as well as running 24/7.

Card and Table Games

These are similar in some respect to the live casino option with Betfair but differ due to the fact that instead of these being live streamed, with real-life dealers they are a simulated casino experience instead.

However, this can provide a faster and more timely method of Vegas-style betting compared to that of live casinos, and this is a bonus to some players.

These again cover roulette, blackjack, poker and baccarat and all come with a variety of rooms, allowing players to choose the one that suits them best, with differing wagering requirements, rules and prizes.

Betfair Sign Up Offer Review

Pros

Cons

Strong Value 

Slight limitations to bonus 

Great qualifying odds



30 days expiry date 



Betfair provides their new customer with some excellent value for money from their sign up offer.

The £20 in free bets from just a £5 stake gives players some great returns of 400%, this being on par with some of the best other sign up offers around.

Their qualifying odds are also strong, allowing players to place their first bet at much lower odds than most other bookmakers.

This then allows users to minimise their potential risk on this initial stake, whilst still being able to claim their free bets.

The 30 days expiry is also much higher than that of most other betting sites' welcome offers. This then gives players more freedom in how they use their free bets without being forced into this by a short expiry date on them.

This Week's Football Action with Betfair

Thursday night sees Aston Villa strike out on their own as the last English side in Europe. They will be hosting Olympiacos at Villa Park, and are comfortably favourites for the whole tourney, with few left to seriously challenge them.

Chelsea and Tottenham will also meet this evening, as both make up some clashes on the rest of the field. Both will be eyeing moving up in the league, with Spurs still on the trail of fourth, whilst the Blues hope to scrape a top-seven or eight finish.

Saturday’s early kickoff sees Arsenal host Bournemouth, as Mikel Arteta’s men will not want last year’s events to occur again. A monumental collapse held them back from winning the league last term, and the only way to avoid this is to keep winning, as the Cherries pose little threat.

In the 15:00 matches, Sheffield United will host Nottingham Forest. The Blades have been relegated already, but Forest are bidding to pull themselves from the jaws of defeat. One last win for the Blades' send-off party could put paid to their hopes.

Manchester City will be looking for smooth sailing against Wolves in the 17:30 clash. Proven winners and calmness in the face of pressure set the Citizens apart in this title push and will make for an easy victory at the weekend.

Personal Experience with Betfair

Having been a bettor for a number of years, I would consider Betfair to be one of the strongest sportsbooks out there for several reasons.

Beginning with the exchange is a great opportunity for any users to bet on a wide array of markets and get better odds than any bookmakers out there.

They boast swift and efficient banking services that not only provide a sense of security that anyone wants when dealing with their bank details, but the speed with which withdrawals are paid out surpass expectations.

Their football bonuses are strong as well, providing you with many free bets through the normal course of betting, providing you remember to opt in.

Betfair has a quick and responsive interface and the user experience is generally good, thus I would recommend them to anyone.

About the Author: Tom Fuller

Across the last five years I have been an avid sports bettor and in this time built up a virtual encyclopaedia of knowledge surrounding these, particularly around what makes a great betting site.

With this comes the sheer range of the bookmakers I have played with, from the biggest to the smallest, you know I have personal experience with nearly all of them.

This combined with the expert testing I have carried out, overall provides me with extensive knowledge about what truly are the best bookmakers around.

All of this comes together into every article I write, so that my readers can get all of that inside information and they too can know what are the best betting sites on offer.

Betfair Sign Up Offer FAQs:

How do I get the Betfair Sign up Bonus?

All new users need to do is create an account with Betfair, deposit and place a £5 qualifying bet on any of their sports betting markets with odds of 1/2 (1.50) or higher.

Once this is settled, players will then receive their £20 in free bets, to be able to be used on any of their sportsbook markets, including the ones on offer for Cheltenham.

Do I need a bonus code for Betfair

Yes, players need to use the code ZBHC01 when signing up.

Once done, make a deposit and place your first bet £5 on any market priced at 1/1 or higher to get your £20 in free bets.

Does Betfair give free bets?

Yes, Betfair has a few promotions that allow users to earn free bets through placing accumulators and bet builders, with Betfair also sometimes providing timely free bets for sporting events.

Does Betfair offer cash out?

Yes, Betfair offers cash out on many of its markets, from singles to accumulators.

These can be suspended by the bookmakers at any time however, leaving some markets unavailable for cash out

How long does it take to get my money out of Betfair?

Betfair, like many other major bookmakers, can take between 1-5 business days to complete any withdrawal requests.

This can vary depending on many factors including a number of players or withdrawal rates.