Bet £10 get £20 with Betfair!

December 6th, 2009 / Lee A Jackson

Betfair, the online betting exchange, is currently offering new customers the chance to make some free money. By betting £10 as a new customer with Betfair, you have the potential to get £20 back! Here is how it all works, and why it is worth jumping on board. Open a new account with Betfair using the code ENG299 and make a deposit. The comes the betting stage. Once you have deposited and made a bet of at least £10 in one bet, then you need to sit back and wait for the outcome of the selection on your betting slip. Here is the good news, if that minimum £10 bet loses, then Betfair will credit your account with a free £20 within 48 hours.

That bet must be the first one settled on a new account, and of course, if the bet wins, then there’ll be no credit to your account. This offer only covers losing first bets on a new account. As long as you make the best of this offer within 21 days of opening your account, then you will be onto a winner, even if you lose. This is a fantastic opportunity to get started with the betting exchange, which generally offers better prices than other online bookmakers. This is because Betfair, as an exchange, works in a slightly different way. On Betfair, there is no middleman, no bookmaker, as it is essential individuals betting against one another.

As long as someone lays a wager which is taken up by someone else, then the bet is active for anyone else to jump upon. This presents the opportunity for better odds across the sports book, casino, poker room and games. When you do bet with a Betfair Odds market, you will know exactly how much you can win and how much you can lose when laying an outcome (betting against an event happening). Betfair’s comprehensive help guide will inform you of all you need to know to enjoy everything about the site. The site itself is well laid out, and easy to navigate, so whatever you need is there and simple to find.

The betting exchange, Betfair, has grown in popularity as an addition to the standard format of online bookmakers. It is a great option to have running alongside other established bookies, as it will allow you to explore the world of betting in a new way. With the generous £20 offer for losing your first bet, then it is a great time to enjoy the experience of this wonderful betting exchange.

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