+£2530 mins
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Betfair
Bet £10, Get £50 in Free Bets•30 mins
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Bet £10, Get £50 in Free Bets
+£25What is Betfair?
Betfair launched in 2000 and is part of the Flutter Entertainment group (same parent as Paddy Power). They're fully regulated by the UK Gambling Commission.
Betfair has no betting shops; we're using their Sportsbook website.
Launched
2000
Google Play
4.2 (23k)
★★★★★★
Key Terms
Profit
+£25
Deposit£10 Betfair + £20 Smarkets
Qualifying bet£10 at odds 2.00+
Deposit methodDebit card, Apple Pay or Pay by Bank
Free bet expiry30 days
Free bet creditedOn bet settlement
Qualification window30 days from registration
Step by Step Guide
Dan's overview
Optional·3 min read
Betfair's welcome bonus works out to around £25 in expected value. You put £10 into Betfair and place one qualifying bet (costs roughly 25p). The reward is 5 × £10 free bets for bet builders, accumulators or multiples only (no singles), so you pick the selections and wins become real money.
You need about £30 total across your accounts, but none of that money is spent. It just moves between your accounts to cover both sides of the qualifying bet.
It takes about 25 minutes of actual work, spread over a couple of days. Once Betfair's done, your exchange balance is ready for the next offer.
When you place a bet on Betfair, you also place an opposite bet on Smarkets to cancel it out. If Betfair's bet wins, Smarkets needs to pay the difference, and the £20.00 is there to cover that worst case.
You won't lose this money. It just needs to be in your Smarkets account while the bet settles. After the match, the unused balance is yours again.
1
Sign up with Betfair
10 mins
- Click the button below to go to Betfair.
- Register an account and deposit £10 using debit card, Apple Pay, or Pay by Bank. E-wallets like Skrill or Neteller won't qualify.
- The promo code ZSKAOL is applied automatically when you use the button below. You can't enter it manually.
- Switch to decimal odds: go to Settings and change Odds Format to Decimal.
2
Place your £10 qualifying bet
5 mins
Place within 30 days of registering
Your qualifying bet earns you the free bet tokens. By matching it on the exchange, you keep the loss tiny, typically 25-50p. In return, you get £50 in free bets to use on bet builders, accumulators or multiples.
Don't worry about finding the right match yourself. Tap 'Find my qualifying bet' below and we'll scan upcoming fixtures, do the maths, and tell you exactly which match to find and what stakes to place.
3
Use your 5 × £10 bet builders
10 mins
Use within 30 days of your qualifying bet settling.
4
Withdraw your funds
5 mins
- Once all your free bet matches have finished, check your Betfair account balance.
- Withdraw any remaining money in Betfair to your bank account.
- Check your Smarkets balance. Move your Betfair profit into Smarkets too. A bigger exchange balance lets you tackle higher-value offers next, some worth £30-50+ each.
- Don't close your Betfair account. Bookmakers sometimes send existing customers extra free bet offers.
Offer Complete
Done? Tick off each step above to see your total.
18+. Gambling can be addictive. If you feel you may have a problem, visit BeGambleAware.org. Matched betting involves placing bets with real money. While the mathematical approach minimises risk, losses can occur if instructions are not followed exactly.
