Betfair Free Bets

Betfair $50 Head Start!

Betfair are offering new customers a $50 Free Bet if you register today! We here at Freebetinfo have made it simple for you to collect your Free Bet, simply follow the below details and click any of our links, and you will have a new account within seconds!

• Open an account at Betfair
• Enter the following promocode when registering: AUT257
• Deposit funds and turnover a total of $50. Betfair will then credit your account with a $50 Free Bet to use on any market. Simple!

Betfair is the world's leading betting exchange, a concept it pioneered.

All bets on Betfair are placed there by users who either want to bet for a selection or outcome in the normal way (back), or bet against a selection or outcome (lay). Bets are matched between people with opposing views.

In addition to the exchange Betfair has an established games portfolio, including Betfair Poker, Betfair Casino and a number of exchange-enabled games.

Betfair is a licensed bookmaker in the UK. It also has licences in Australia, Malta, Austria and Germany.

There are many reasons to use Betfair, some of which are listed below:

• You can bet that an outcome will happen (BACK) or that it won't happen (LAY)
• You can choose the odds you want to play at
• You can bet whilst the game is in play
• Because there is no bookmaker involved, the odds are better than the average bookie

When you "back" a selection (be it an individual, a team, horse, dog or other), you are betting that it will win. This is just like betting with conventional bookies.

When you "lay" it, you are betting against it winning. For example, if you're betting in a market on which team is going to win the Premiership and you lay Man Utd, you offer odds to other punters who wish to back Man Utd. If Man Utd don't win, then you pick up the backer's stake. If Man Utd wins, then you pay out. This is what bookmakers traditionally do.

You never know who you are betting against, your privacy and the confidentiality of your bets is maintained by Betfair's secure site.

Choose odds

With Betfair there is always a choice of what odds to accept. If you want better odds than are currently available, you can place an order for a better price, but be realistic because there has to be somebody prepared to lay the bet at those odds, and vice versa.

Take a look at the odds before a game and you will see them change as visitors back and lay their bets. The odds often improve nearer to the off, as there are more people in the market.

Commission

You do not pay tax at Betfair, and commission is only paid on your net winnings on each market. This is particularly beneficial if you have multiple bets on a single market such as the Premiership Winner market. Some of your bets may win, some may lose, however you only pay commission on your NET winnings. If your bets in a particular market amount to a net loss, you do not pay commission.

We offer a customer incentive scheme. You can receive a discount off the standard Market Base Rate dependent on how much you bet. The more you bet, the larger the discount you receive. This is known as your Discount Rate.

Betfair are very innovative when it comes to Free Bets and Promotions with new offers appearing all the time. A good way to keep up with their offers is by registering with our newsletter. Whenever Betfair offer a new Free Bet or Promotion, we will keep you right up to date by sending an email straight to your inbox!

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