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Betfair Exchange is the world’s biggest online betting exchange and they offer new customers a refund as a free bet up to the value of £20 if their first exchange bet loses.
If you’re looking for the best alternatives to Betfair, we recommend Smarkets, Matchbook and Betdaq.
On this page, we’ll be taking a look at the Betfair Exchange free bet, how it works and what you need to do to claim it.
Claiming the Betfair Exchange free bet is simple. First, you need to create an account which you can do by clicking on the button above. Don’t worry about entering a Betfair Exchange promo code as one isn’t required for this offer.
Once you have created an account, make a deposit using a debit card, credit card or PayPal account. Do note deposit using any other method as only these are eligible for the welcome offer. We recommend depositing a minimum of £20 in order to be in with a chance of receiving the maximum free bet amount.
After depositing, simply place a bet on the exchange. This bet can be on any sport and market and at any odds. You also have the choice of placing either a back bet or a lay bet. Keep in mind that to qualify for the free bet, your first exchange bet must be placed and settle within 7 days of registering your account.
That’s all you need to do. Should your bet lose, your account will be credited with a free bet. The value of the free bet will be that of your qualifying bet up to a maximum of £20. Betfair aim to credit free bets within 72 hours of your first bet settling.
Here is a recap of the key points to remember when claiming the Betfair Exchange free bet offer for new customers.
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