Betfair Sign Up Bonus
Relative to other online sportsbooks, Betfair doesn't have many sports-related bonuses. Their incentives are more geared toward casino and other online gaming.
However, they have, in the past, run a promotion where your first bet can be refunded should you lose, up to a maximum of $200.
- High stakes casino bonus
- Extensive live betting
- Very low minimum deposit
Betfair Sign Up Bonus
First, you'll need to register. You can do this online or over the phone. You'll need to include all the applicable information: name, email, payment methods, etc.
As you're signing up, there will be a promo code somewhere on the site. A review from aussportsbetting.com has the code listed as "FBR555," but it can change. So if that code doesn't work while you're signing up, and if you cannot find another one on the website, it's recommended that you call and ask about how to acquire said bonus.
And you need to make sure a pertinent promotion code is acquired somehow. You will not be eligible for your refund without it.
After you enter the promo code, assuming your payment information has been set up, you can then place your first bet. If you lose, Betfair will refund you the amount you lost up to $200, the amount of which should be immediately reflected in your account after the loss.
This incentive, when applicable, is a great way to ensure you don't get off on the wrong foot with this website or sportsbetting in general. Beginner gamblers may walk away if they lose their first wager, since they are armed with a bad taste in their mouth. But getting that $200 back allows you to reset and try again.
Please note that this only applies to your first sportsbook bet on the site. If you win your first wager, then lose your second, you can not be refunded the $200. The bonus also has a rollover of at least one bet at 1.3-to-one odds. This is basically a formality, and it's most definitely generous compared to rollovers at other sites.
Additional Sign Up Bonus Offers
Beyond sportsbooks refunds and casino sign-up bonuses, Betfair also hosts a number of other incentives for new users.
By simply signing up with Betfair, gamblers are entitled to a straight-up $10 kickback. To be eligible, you must be a new customer and be willing to provide your address, full name, email and telephone number. Only one person per household may receive the bonus, which is non-negotiable. Betfair may also revoke and/or freeze registration if it becomes apparent one person or household is signing up under multiple accounts.
The extra $10 should be made immediately available in your account after signing up. No promotional codes or email instructions are involved.
Minimal Bonus Rollover
Once you have your $10 bonus, there is no rollover limit. You may withdraw the funds as soon as you make a successful money deposit of your own. Essentially, the bonus cannot be taken out on its own.
Keep in mind that this offer cannot be used in conjunction with another one, and it only applies to Betfair's casino games. If you are planning on making a substantial deposit in the casino section, you're better off taking advantage of their 100 percent match program that we previously discussed.
Online sportsbooks and casinos have been known to bend restrictions over the phone, though. If you like, you can try calling and negotiating an ability to claim the $10 bonus, in addition your first-time deposit bonus.
Low Deposit Minimums
At this time, it's unclear whether you will be able to take advantage of multiple incentives across different platforms (i.e. sportsbook and casino bonuses). If you plan on investing in both departments, calling Betfair for some clarity will allow you to make the most of all their offers—however many apply to you.
Still, this $10 sign-up bonus is valuable for those wishing to just give this site a try without any steep financial commitment. Depending on the payment method, Betfair allows deposits as small as $5, giving you the ability to begin your membership with $15—initial deposit plus $10 sign-up bonus—and minimal obligation.
Plenty of Live Betting Options
On the sportsbook front, Betfair hosts a lot of mid-match wagers. This allows you to make money in real time.
And best of all, the refund program on your first sportsbook wager, as outlined above, can be used on a live bet, if there isn't a pre-game gamble that catches your attention. These types of bets can be made on pretty much any sport—basketball, football, horseracing, etc.
Betfair Deposit Bonus
While Betfair's bonuses at the sportsbooks can be limited, their casino is a different story—for American customers.
Right now, Betfair's casino will match 100 percent of your first deposit, up to $1,500. This only applies to first-time users, so existing customers will not be eligible to receive the incentive. The deposit bonus can also only be had after signing up for an account with Betfair, so be prepared to have all your necessary information handy.
You do not have to deposit the full $1,500 for it to be matched. You can fund your account with a minimum of $10, and Betfair will still double it. But they will not match the remaining balance of the $1,500 should you decide to deposit more on a second occasion. This is only a one-time thing. Thus, if you're considering depositing less than $1,500, make sure you don't plan on making a subsequent transaction, otherwise you might as well deposit more the first time around.
Nothing specific needs to be done in order to acquire this bonus. No promo codes, no emails, no nothing. Simply make your first casino deposit, and the funds will be reflected in your purse.
Before you can withdraw the bonus, though, you must bet 20 times its initial amount. This varies drastically from the sportsbook incentive above, which requires you to roll over the bonus just once, against a bet with the minimum payout of 1.3-to-one.
For example, if you deposit $1,000 into the casino, you'll get an extra $1,000 from Betfair. Over the course of time, you must then bet $20,000 before you can take out the $1,000 in additional money. You can still, however, withdraw your initial deposit if you wish.