Last Updated: October 26, 2016
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Betfair Promotional Codes for October 2016

The tradition of dabbling in betting and gambling dates back many years. In fact, it's actually quite difficult to trace the origins of sports-betting -- people have experienced the thrill of wagering on the outcome of sporting competion for thousands of years. Laying odds on a forthcoming football game, tennis match or boxing event is now as simple as clicking a few buttons, thanks to online betting portals like Betfair.Betfair is acknowledged as the world's biggest Internet betting exchange, and since its inception in May of 1999, founders Andrew Black and Edward Wray have worked hard to expand operations. Boasting more than four million customers, Betfair's fast growth has led to subsidiaries being set up in the United States, as well as the United Kingdom, where it was founded. Once an account is created on the website, keen gamblers can bet on American football, athletics, basketball, cycling, darts, football, greyhound racing, rugby and much more. The live casino, poker, Vegas slots and bingo games are also open to members who want to indulge in responsible gambling. Newly introduced on Betfair is virtual sports, as well as live Blackjack and Casino Hold'Em. Promotions are not to be missed for risk-free bets.

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Offers and deals for you

Welcome offer

When you create your first Betfair account, you’ll be able to take advantage of loads of exclusive welcome offers only available for new members. The welcome offers are updated regularly throughout the year, but to give you an example of what you can expect to enjoy, one of the most recent offers was ‘bet £10 and get £30 to play with’. Of course, welcome offers are never as simple as they sound – you’ll usually need to sign up with a specific promo code and wager a minimum amount with specific odds within 30 days of opening your account in order to get the offer.

Welcome match bonus

Another popular welcome offer available for new Betfair members is 100%, 200% or even 300% extra bonus on your first deposit. When available, this match bonus is only ever up to a certain amount (usually about £200). So if you’re serious about online gambling and want best value for money, work out how much you need to deposit in order to get the biggest match bonus possible. Keep in mind that you won’t be able to withdraw the money you get from your match bonus – you’ll need to meet minimum wager requirements (check the current small print for the most up-to-date requirements) before you can withdraw any money.

Free £20 bet if yours loses

You can also earn yourself a free £20 bet when you sign up for a new account by jumping in at the deep end and placing an Exchange bet of at least £20 during your first seven days. If your bet loses, you’ll get your £20 back within 72 hours of your qualifying bet being settled.

Extra money saving tips

Edge Acca Insurance

Betfair gives players in Ireland the option to increase their chance of a return with Edge Acca Insurance. If you choose to ‘edge’ your bet, you’ll receive your stake back as cash, should just one leg let you down. In order to be eligible for Edge Acca Insurance, you need to add three or more selections to a bet slip and this option is only available for accumulators – not E/W best or Lucky 15s.

Cash out

The cash out option lets you lock in a profit or loss for your bet before the event finishes. Betfair takes care of all the calculations and offers you a real time value of your current bets – all you need to do is click on a single button in order to cash out all bets placed on a single market. When a bet is available for cash out, you’ll see a small yellow square with an orange circle displayed next to it.

Refer a friend

If you’re already a Betfair player, you can earn yourself a free £25 bet for every person you refer. In order to qualify for the free bet, the person you refer needs to risk at least £100 in sports back bets at odds of at least 1.2 within 31 days of registering. You can earn yourself up to £200 in free bets per calendar month, so get referring!

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