Betfair Promo Code Review 2020
- 100% Deposit Match Bonus
- Up to $200 in Bonus Money
- 3x Wagering Requirement
- -200 Minimum Wagering Odds
- 15 Days to Complete Wagering
Get your Betfair Bonus
- Fully licensed by New Jersey
- Set own odds via ExchangeWatch horse races live for free
- Nice welcome bonus with low wagering
- Variety of deposit methods
- Support via email, chat, and phone
Betfair is one of the largest and most reputable names in the world of sports betting so it is no surprise they welcome new players in style with a Betfair promo code that can get you up to USD 200 in bonus money on your first deposit. With a wide range of sports betting opportunities, an excellent platform, and more, this is an excellent option for all punters who are into betting sports.
The Betfair first deposit bonus is definitely a rather generous one and in the rest of this text we’ll go into important specifics such as turnover requirements, restrictions, etc. With this information, you’ll be able to decide for yourself if this offer is worth taking.
Betfair Bonus in Detail
Betfair Exchange is one of the favorite go-to places for the punters. The generous welcome bonus only makes it even more attractive for new players looking to make their betting home here. In the following passages, we’ll look into various important aspects of this offer, such as the bonus amount itself, related terms and conditions, actual value of the bonus, etc.
Type of Bonus
This is a welcome bonus, meaning it is reserved for new customers who haven’t had an account at Betfair before. The punters are welcomed with the 100 percent Betfair deposit bonus on their very first deposit, whereby the bookie will match your full deposit amount up to the maximum of USD 200. Overall, this is a nice amount of extra cash for a sports betting site and it is one of the better offers out there in terms of the sheer cash amount.
The bonus is available to all new punters who make the qualifying deposit of at least USD 25. Once the deposit is made, you’ll need to place qualifying bets (explained further in this text) to release the bonus funds. The bookie guarantees to pay the full bonus amount within fifteen days from depositing and meeting these requirements. This welcome offer is restricted to one per household, meaning that only one member of any individual household can take advantage of it only once.
All new punters can claim the 100% welcome bonus up to the maximum of USD 200. This is a 100 percent bonus, which means that any funds you deposit will be fully matched by the bookie up to the maximum amount. The minimum amount you’ll need to deposit into your exchange account to trigger the offer is USD 25.
It is important to note that you can’t claim a bonus in excess of USD 200. Of course, you’re free to deposit as much as you like but the bookie will only give you a 100% match on the part of your deposit up to USD 200. Anything over this limit will not count towards the bonus but you’ll still be able to use your own cash to place wagers any way you see fit.
As already mentioned, as far as bonuses are concerned, this is a fairly generous amount for a bookie. Usually, welcome bonuses are significantly smaller so punters who enjoy some extra cash coming their way should definitely look into what Betfair has to offer in this regard.
Conditions of the Bonus
We’ve already covered some of the most important conditions of the Betfair first deposit bonus, namely the minimum and maximum amount as well as the “one per household” restrictions. There is no special Betfair promo code NJ you’ll need to use to trigger the offer as long as you make the minimum qualifying deposit as this will happen automatically.
To actually receive your bonus funds, you’ll need to place at least three qualifying bets equaling at least the total amount of your first deposit. Qualifying bets are placed in the horse betting market on a single horse to win, with the odds of at least 2.0. Bets not matching this criterion will not count towards wagering. Cashing any bets out early will also disqualify such bets from counting towards meeting wagering requirements.
Once you meet the wagering requirements, bonus funds will be released into your Exchange account with no further limitations with 15 days from completing the said requirements. At this point, you’ll be free to use the money in any way you see fit, be it to place further wagers or to cash it out.
|Bonus Type||Free Cash|
|Rollover||1x Bonus, to get Winnings from Free Cash||Max. Time||-|
Claiming this welcome offers is as easy and as straightforward as it gets. Since there are no special Betfair bonus codes you’ll need to use, you can simply proceed to visit the site and open a new account by going through the standard registration procedure. There is nothing special you need to do this point.
Once registered, you’ll just need to make the deposit using your preferred banking method. Simply deposit at least USD 25 and you’ll qualify for this welcome offer. Once the money is in your account, you can head over to the exchange section and look into available horse races.
Pick at least three single winners in three different races. Keep in mind that odds must be at least 2.0 for each selection and that your total amount of wagers across selected bets must be equal to or greater than your total deposit. Once you’re done, simply wait for the races to finish. Once the races are over, regardless of the results, you’ll receive your bonus funds into your Betfair account.
This particular offer works slightly differently than most usual sportsbook bonuses. Namely, you won’t be given any money ahead of time. Instead, you’ll need to deposit funds and use them to place qualifying bets prior to receiving any bonuses. Only after you place your bets and they come in, the bookie will release the bonus.
While this does have its downsides (since you don’t get any extra funds to begin with), the good thing about it is that once you do release the bonus, you’ll have all the freedom in the world to use the funds in any way you like. Basically, you’ll get 100% of your deposit back with no strings attached, so is virtually a free money offer. Once again, this may not be to everyone’s liking but when all pros and cons are accounted for, this is a pretty good deal.
Keep in mind that only horse races are available to place wagers on. This may not be to everyone’s preference, of course, but, once again, given the structure of the bonus, you might as well give it a try even if it is just a lucky shot in the dark. Winnings can be cashed out via wire transfer, credit and debit cards (Visa, MasterCard), as well as checks and money order.
Betfair doesn’t offer much as far as existing punters are concerned and you’ll rarely come across a Betfair promo code for existing customers. Since the bookie operates as an exchange rather than a traditional sports betting platform, this doesn’t come as a much of a surprise. That said, it would still be nice to have access to some additional promos along the way.
Of course, this may change in the future as the operator might start offering some new promotions, especially to accompany some big events or competitions. We’ll make sure to keep our eye on the ball and keep this page updated if there are any such changes you should know about. For the moment, though, there is really not much you can look forward to in the promotions’ department beyond the Betfair welcome bonus.
Betfair Bonus Code FAQ
"Free Money Up for Grabs"
"Free Money Up for Grabs"
While the Betfair first deposit bonus may be structured somewhat differently than with most other operators, you shouldn’t let this confuse you. It is an excellent bonus as it basically guarantees you get at least the full amount of your deposit back no matter what. Basically, it is a free shot at some bets, which means you can get a nice return if you get lucky.
Betfair is one of the leading sports betting operators in the States and around the globe, so you’ll find plenty of reasons to stick around beyond this welcome offer. However, given all the relevant terms and conditions, you should definitely take advantage of this bonus when you first sign up.
Seize the Day & Place Your Bets
Now that you know all the important information, all that is left to do is head over to the Betfair app, open a new betting account, make your deposit, and place some wagers. Have fun with it and take some risks since you can rest assured the money will be coming back as long as you stick to terms described in this article and explained on the site!
Betfair is, beyond any shadow of the doubt, one of the biggest names in the sports betting industry. With the tradition and experience built over decades, this bookie knows how to treat the punters right and offer them exactly what they want and need across the board.
Although Betfair is one of the leading sports betting operators around the globe, their US site currently only offers horse race betting. This might be a slight downside for those punters who are more into other sports and aren’t particularly knowledgeable about this particular sport.
On the flip side, the site covers all major races taking place across the States, so punters really have a great variety of betting options at their disposal. All the different races and important statistical and other information are clearly displayed on the site, which greatly helps with figuring out what to bet on.
Security and License
First and foremost, Betfair is one of the oldest and most trusted sports betting brands around. Their longevity and overall success speak heaps about who they are and what they stand for in the betting industry. Betfair has always put the safety and satisfaction of its customers first, which helped them get where they are today.
Beyond this, Betfair Exchange is also fully licensed by the state of New Jersey, which means players can safely place their bets with no fear or concerns. This is a trustworthy and fully regulated operator you can trust at all times.
Betfair also puts a lot of emphasis on making sure punters are kept happy and well-informed. Their Education Hub contains a wealth of information about how the exchange platform works and how to make most from its various options and functionalities. Educational videos and other resources are there to help you get started and beyond.
In addition to this, the support department is available around the clock. You can always get in touch via email or the direct telephone line. The bookie also maintains several social media pages, which can also be used to get in touch with someone at the company.