Welcome Bonus: £50 Free Bet
Betfair claim to have the biggest online betting community in the country and with several million players in the UK alone, it’s a claim that isn’t too far from the mark; their betting exchange is also considered be the largest of its kind in the world.
On the back of the success of their award winning betting exchange, Betfair recently launched their own fixed odds sports book, covering every possible market across both mediums. In the exchange you take odds from other Betfair players, gaining a better pay-out ratio with higher odds, whereas in their sports book you place the usual bets against the house.
Looks and feel
The exchange betting website has a very basic look to it but don’t let that put you off, it actually works extremely well and is really simple to follow. To make things even easier you will find a section to the right of the page highlighting the current most popular bets, for those lazy betting days.
The sports book is more of what you would expect from a modern betting page, the home page looks and acts more like a portal to your chosen betting market page; carrying large links to their welcome bonus sign up page, cash out, and other online gambling sites. Once you have availed the drop down menu for the various betting genre’s, things begin to look a little more familiar, with the exception of the menu bars being horizontal rather vertical. The only downside to the sports book site is the number of clicks it takes to find your bet, but as you familiarise yourself with the site it does become easier.
The current welcome bonus offered by Betfair is a £50 no lose free bet, simply meaning that if your first bet of up to £50 loses, you will receive a free bet to the same value. The bonuses continue to flow at a steady pace once you’ve signed up, like most bookmakers these promotions revolve around money back specials and improved e/w places on the more high profile betting events; with the majority of them revolving around accumulator bets.
By far the biggest feature of Betfair is their revolutionary cash out option, the first of its kind and a real winner with players; so much so that almost every other bookmaker is developing their own equivalent.
Quite simply it works on the basis of you getting cold feet before the outcome of your bet has been decided, providing it’s in a winning position, so your team, horse or player can actually lose but you’ll still get paid and quite handsomely too.
To be honest kicking yourself for maybe cashing out too soon or at all, feels a hell of a lot better than losing a bet and it’s a damn sight more profitable.
For more information watch this quick demo various cash out scenario: Cash Out Tutorial.
Once you get to grips with their exchange betting, you will soon realise there is a lot of money to be made on Betfair, in fact there are thousands of players who comfortably make a living from it. There are also a large range of markets available and although the sports book site takes a little getting used to, the cash out option will soon have you forgetting about those early quirks as you fill your wallet.
Everyone needs to give Betfair a try at least once, just make sure you give a decent go, as a few bets just won’t cut it; or be enough to open you up to the Betfair possibilities.
To claim your free bets or even just to have a mooch around, head over to Betfair!