NEW Betfair customers can claim £70 in free bets on the Exchange this week.

To activate the offer simply sign up and place a £10 racing bet on the Betfair Exchange.

BETFAIR GET £70 IN FREE BETS*

You will then be given £40 in free bets once the original bet has settled and another £30 in free bets the following day.

The free bets are for the Betfair Exchange only and the original bet must settle before midnight on January 13.

The free bets can be used this week with action at Sandown, Lingfield and Wincanton.

How to claim

  1. Register using promo code: ZSKALS
  2. Place a single £10 exchange bet on any horse racing between 7th – 13th January
  3. Get £70 in exchange free bets – £40 on bet settlement + £30 the following day (£70 total)

BETFAIR GET £70 IN FREE BETS*

What is the Betfair Exchange and how does it work?

The Betfair Exchange allows customers to bet against each other rather than a traditional bookmaker. By matching customers, rather than taking the risk itself, the Exchange provides the option to 'lay' – betting on something not to happen.

How does it work?

The Betfair Exchange is the world's largest sports betting exchange. It follows the model of a stock exchange, but replacing share trading with betting odds on events in the world of sport, politics and entertainment.

On any betting market, there are two sides of the bet. On one side, there are those who think an event will happen (backers) and on the other, those who think it won't happen (the layers).

Backers and layers get bets 'matched' as long as they agree on a price (the odds) that an event will or won't happen. In February 2021, Betfair introduced a new product called 'MatchMe' that makes it easier for customers to get their bet matched even if there is a small odds movement – click here for full details.

Betting against other customers removes the need for the margin that fixed-odds bookmakers incorporate into their prices and provides the opportunity for a more efficient marketplace, which is why you can often get better odds on the Betfair Exchange.

Instead, customers pay a small commission, but on winnings only.

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*Place a €10 bet on Exchange horse racing (Jan 7 – 13), at min. odds 1/5 (1.2) — get €70 in free bets. €40 free bets will be awarded after the qualifying bet has been settled and €30 free bet the following day. Only deposits via cards will qualify, Apple pay not valid on this promotion. T&Cs apply. 18+ begambleaware.org

Commercial content notice: Taking one of the bookmaker offers featured in this article may result in a payment to The Sun. 18+. T&Cs apply. Begambleaware.org

Remember to gamble responsibly

A responsible gambler is someone who:

  • Establishes time and monetary limits before playing
  • Only gambles with money they can afford to lose
  • Never chase their losses
  • Doesn’t gamble if they’re upset, angry or depressed
  • Gamcare – www.gamcare.org.uk
  • Gamble Aware – www.begambleaware.org

For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to www.gamstop.co.uk to be excluded from all UK-regulated gambling websites.

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