Register today and bet at least £20 on Betfair Exchange within 7 days of opening your account and Betfair will credit your account with a £20 refund if your first bet loses. The maximum refund is £20 and your first settled bet of £20 or more will trigger the offer.
Betfair members can back and lay bets with each other on the Exchange and Betfair takes a commission from the winner for facilitating the bet. Members can choose to Back or Lay a selection on any sport on the Exchange or back Fixed Odds on the Sportsbook for no commission where Betfair is the bookmaker.
For the first 3 months after registering, every time you generate £100 in commision when betting on the exchange, Betfair will award you with £50 cashback. Multiples and Fixed Odds bets do not count towards the commission cashback, which is capped at £1000 maximum per customer.
Only commission generated by betting on the Exchange in the first 3 months after signing up will be counted for the purposes of this promotion. Commission is not generated through Multiples and Fixed Odds betting.
You can only take part if you are not an existing or a previous Betfair account holder.
This offer is only valid for customers who sign up before 08/04/15 using the promotional code COM100.
For every £/€100 you generate in commission on the Betfair Exchange you will get £/€50 cash back up to £/€1,000.
Losing bets do not generate commission so will not count towards this promotion.
Once you have generated £/€100 in commission you will have £/€50 credited to your Betfair account. When you have generated £/€200 you will be credited another £/€50 and so on, up until you have been rewarded £/€1000 or it has been over 3 months since your account was first registered.
You will be credited with your cashback within 24 hours of your reaching each £/€100 target.
The first Exchange bet you place within 7 days of registering your new Betfair account must risk at least £/€20. Your bet must settle in this period too.
If your first bet in this period risks less than £/€20, you won’t be able to benefit from this promotion.
If you place a qualifying bet as set out above, and that bet loses, Betfair will refund you £/€20.
In the event that two qualifying bets are placed at the same time, the first bet to settle will be your qualifying bet.
Betfair is the world’s leading sports betting exchange, a concept it pioneered in 2000. All bets on Betfair Exchange are placed by users who either want to bet for a selection or outcome (back), or bet against a selection or outcome (lay).
With over 4 million registered users Betfair are one of the biggest online gambling organisations in the world. This popularity means that on a daily basis we process more transactions than all the European stock exchanges put together, around 7 million in total.