Betfair Welcome Bonus: £20 Free Exchange Bet

Get a risk free £20 free bet from the Betfair Betting Exchange.

Higher odds, laying bets and trading are just a few of the reasons why betting on the Betfair Exchange is so popular. If you’re yet to experience it, there’s no better time than right now with its new welcome offer of a risk-free bet worth up to £20.

When Betfair says, ‘risk-free’, it means it! If your first wager loses, you get your money back as cash. It’s not often that a betting site gives punters a second bite of the cherry, so we encourage you to pick up this offer while it’s there.

Join - Claim - Bet: it’s that simple!

Some welcome offers make punters jump through several hoops or they have off-putting wagering requirements. There’s none of that here. This Betfair Exchange free bet welcome offer does exactly what it says on the tin. Follow this simple guide to get yours:

  1. Click our link for instant access to Betfair Exchange.
  2. Hit the ‘Join Now’ button and complete the sign-up form. The Betfair promo code is already inserted which will lock-in your bonus.
  3. After creating your account and verifying it, head to the banking section to make your first deposit.
  4. With your account loaded, browse the plethora of markets to find a bet you like the look of. You can ‘back’ or ‘lay’ a selection, the choice is totally yours.
  5. Place a wager. If your bet loses, your stake (up to the value of £20) will be returned to your account as cash within 72 hours.

A couple of key terms to take note of are that the qualifying bet must be placed and settled within 7 days of opening your Betfair account. Additionally, all customers must be over 18 years old and only deposits made by credit/debit card or PayPal are eligible.

Betfair Exchange steps
Claim your Risk Free £20 Exchange Bet at Betfair Exchange.

Other exciting Exchange Offers

Betfair Exchange has an excellent Refer-A-Friend scheme worth up to £100 in free bets. All you have to do is ask your mates to join and once they start betting on the platform, you’ll get £20 for each friend (up to a maximum of five). 

If you like the sound of more cash-back offers, check out the odds-on horse racing promotion that pays out if your selection goes odds on while in-play but ends up losing. Betfair also has best odds on cricket, racing, tennis and most golf tournaments. This is after the commission has been deducted, so you truly do get stunning value here.

What is Betfair Exchange?

A betting exchange is essentially a platform that facilitates betting without the need for a traditional bookmaker. A regular bet at the bookies is a ‘back’ bet. This means the punter is backing a certain outcome to be correct; for instance, a bet on Man City to beat Brighton means you back City to win. The bookie performs the 'lay' portion of the wager. It pays out if City are victorious. 

It is identical with the betting exchange apart from instead of the bookie, another punter will 'lay' the bet. They are then liable to pay if the 'back' part wins. The beauty of the Betfair Exchange is that without the bookmaker adding a margin on, the odds are generally better, so you really do ‘Win Bigger!’. Claim your £20 risk-free bet today and find out for yourself why Betfair is the best exchange in the business.

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