18+ | Commercial Content | T&Cs apply | Wagering and T&Cs apply | Play Responsibly | Advertising Disclosure

Betfair Promo Code and New Customer Offer (May 2024)

Newbury 18 May 2024 Al Shaqab Lockinge Stakes Group 1 Audience and Rab Havlin win
© Photo Healy Racing
Claim your Betfair free bets by entering the promo code and enjoy its excellent new customer offer, which awards you with a 400% bonus.

The Betfair promo code, which you can copy and paste from below, can be entered into the registration form, ensuring all new UK customers get access to £40 of free bets. Don't miss out, look out for the designated field during your Betfair sign-up to claim your Betfair bonus.

What is the best Betfair 2024 welcome offer? - May 2024

The current Betfair sign up offer is 'Bet 10 Get 40'. This means when you sign up and place your first bet of £10, you will be rewarded with £40 in free multiples.

The Betfair new customer offer is available to NEW customers ONLY. This means if you already have an account with Betfair, you are unable to claim this offer.

If you would like to sign up to Betfair, which is a good idea if you love horse racing, then you can claim your Betfair free bets below.

New UK players can take advantage of the excellent Betfair new customer offer when registering for an account. The leading sportsbook’s offer is one of the most competitive around. Find out more about the Betfair bonus below.

Betfair Promo Code Terms and Conditions

Minimum Deposit:£10
Promo Code:ZBHC01
Minimum Odds:2.0
Availability:30 Days

It is important that you closely check the terms and conditions for any bonus code you decide to sign up to. For the Betfair welcome bonus the main T&Cs are below:

  • Place a minimum £10 bet on Sportsbook on odds of minimum EVS (2.0).
  • Get £40 in Free Bet Builders.
  • Accumulators or multiples to use on any sport.
  • Rewards valid for 30 days.
  • Only deposits via cards or Apple Pay will qualify.
  • Full T&Cs apply.

How to claim the Betfair free bet offer

Step 1

Click on the 'Go to Betfair' button above and once you arrive on the Betfair new customer offer landing page, click on the 'Get Started' black button.

Step 2

Enter your details, including your name, address and emails to complete the registration.

betfair free betsFill in the details to claim your Betfair free bets

UK Bookmaker Awards - Betfair Rankings

Below you can see the results from the UK Bookmakers awards and how Betfair rank for each category, the operator scored highest on betting experience, banking, horse racing odds and overall bookmaker.


Bookmaker Award Ranking

Betting Experience 




Horse Racing Odds


Market Selection


Welcome Bonus


Customer Service




The UK Bookmaker Awards are a good pointer to which bookmakers provide the best offers, odds, payment methods and existing customer offers. Inform your decision and take a look at which bookies came out on top.

Why we use the UK Bookmaker Awards Data

Each year, the Better Collective Bookmaker Awards undertake a thorough assessment of operators, considering various factors. This approach includes extensive datasets and user reviews, ensuring our evaluation of each betting site is accurate rather than relying on a single reviewer's opinion.

Bookmakers are categorised and ranked in multiple areas, encompassing horse racing markets, odds competitiveness, market selection, customer service quality, banking options, overall betting experience, welcome bonuses, ongoing promotions for existing customers, and football markets. This comprehensive evaluation provides a comprehensive view of each operator, focusing on elements crucial to horse racing enthusiasts.

How is the Data Collected for the Bookmaker Awards?

To allow for in-depth analysis, bookmakers are rated on a scale of 1 to 23 in the categories mentioned above.

This process includes:

  • Accumulating data over 12 months analysing a dataset of 4 million data points.
  • Regular live testing with updates released at the start of each year.
  • Ongoing evaluation of horse racing markets throughout the year, encompassing pre-race, in-play, ante-post, and market diversity.
  • Analysing the generosity of market offerings from each operator.
  • Reviewing the variety of sports markets available to bettors with diverse sporting interests.

Furthermore, you'll find the most appealing betting offers and free bets that provide exceptional value for Irish customers.

Depositing: available methods

Betfair accepts a variety of methods for depositing money into your account. The main methods are listed here:

  • Visa
  • MasterCard
  • Bank Transfer
  • Skrill
  • Neteller
  • PayPal
  • Apple Pay
  • Paysafecard
  • Cheque

How to Withdraw your Betfair Free Bets

You have successfully claimed your UK Betfair sign up offer, how do you then withdraw the money? Free bets are credited to your account and you must initially use the free bet credits to place a bet. If your bet is successful, you can then withdraw your winnings as cash.

Your returns exclude your free bet stake.

Please note, you are not able to withdraw the bets straight to your bank account, it must be wagered first.

Below you can see the different withdrawal methods you can use with Betfair and the withdrawal times.

Withdrawal Method


Processing Time

Debit Card Visa


2-5 Banking Days 

Debit Card Visa Electron


2-5 Banking Days 

Debit Card Mastercard


2-5 Banking Days

Debit Card Maestro


2-5 Banking Days

Visa Fast Funds


Up to 2 hours

Bank Transfer


2-3 Banking Days

Fast Bank Transfer


1 Banking Day



4 - 24 Hours  

Apple Pay


2 - 5 Banking Days



4 - 24 Hours 



4 - 24 Hours 

Betfair Tried and Tested

The UK horse racing free bets are tried and tested by our expert team who know exactly what to look for when signing up to new betting offers.

The Betfair new customer offer is available in the UK has been tried and tested by our expert team who know exactly what to look for when signing up to new betting offers.

  • One of the most competitive sign-up offers, presenting excellent value, this Betfair free bet offer is one of the best on the market. Place a bet of only £5, to receive £20 in free bets. Betfair is the most famous online betting exchange and is famous for offering decent odds so you can be sure your money is safe and secure.
  • The customer experience is unrivalled and it is very simple to not only sign up for offers using the Betfair promo code but also betting as an existing customer.
  • Easy To Use Interface - its website interface makes it easy navigate through different markets without leaving you feeling overwhelmed; find your selections quickly and place your bets with ease.
  • The Betfair sign up offer terms and conditions are fair. You have 30 days to claim your offer, bets must be placed at odds of 1/2 (1.5) or greater. Your bet credits are non-withdrawable and must be placed to the value of your qualifying deposit (£5).
  • Out and about and on the go? The Betfair app and live streaming are a great part of the additional features. Catch up race replays when you miss the live action.

Betting with Betfair

Once you are a member of Betfair, you can place a bet following the below steps:

  • Click on ‘Sportsbook’ on the homepage menu
  • Click on the ‘horse racing’ tab
  • Find the race of your choice
  • Click on the odds displayed next to the horse’s name
  • Add the amount you wish to bet to the bet slip
  • Place your bet

The main betting page brings up all the race meetings scheduled on the day as well as virtual racing, games and the latest results. Always check the Betfair terms and conditions.

Betfair Existing Customer Offers

Extra Place Races

Extra places races are selected each day by Betfair and you can get extra places. Fancy something to place in a race at big odds? This is for you. The promotion is available for new and existing customers with registered Betfair accounts, aged 18 or over

Terms and Conditions: Applies to singles and multiple bets. If there are less than 16 starters, we will pay 4 places. If there are less than 8 starters, we will pay 4 places. If there are less than 4 starters, we will pay 3 places. Betfair Horse Racing rules apply. Betfair reserves the right in its discretion to exclude and/or limit the availability of the offer to certain customers. If any term of the Offer is breached, or if there is evidence that a customer is abusing the Offer or using the Offer to guarantee profits regardless of the outcome (whether individually or as part of a group), Betfair reserves the right, in its absolute discretion, to reclaim the bonus element of such offer and/or void the Offer and any bet funded by the Offer and/or take any other action it deems necessary. The full terms and conditions of betfair.com also apply to this offer.

Get a Betfair free bet

Bet on sportsbook multiples with Betfair to get a free bet to place on a multiple. This offer is available from Monday to Friday for existing customers.

The offer applies to straight multiples or bet builders (doubles, trebles, 4-folds etc) and/or complex and exotic bets (Lucky 15, Lucky 31, Lucky 63, Patent, Heinz, Super Heinz, Trixie, Yankee, Canadian or Goliath).

Opt in required before qualification. Sportsbook exclusive. Qualifying bet applies to Mon-Fri Horse Racing multiples. Free bet valid for 48 hours on Horse Racing multiples. Min combined odds 2.0. Exclusions & T&Cs apply.

Lengthen The Odds

Boost the prices of your selections - this is particularly popular during the Cheltenham Festival and Royal Ascot.

Terms and Conditions: Bets will be settled on the official distance between the named selection & the horse that finishes 2nd. In the event of a horse being withdrawn, not under starter’s orders, stakes on that selection will be returned. Bets for the remaining horses in the race will be subject to a deduction in accordance with Tattersall’s Rule 4(c) based on the win price of the withdrawn horse(s) at the time of withdrawal, (see Tattersall’s Rule 4 table above). Double Result concession does not apply to this market.

Refer and Earn

Every time you refer a friend to Betfair you will earn £10 in cash.

Terms and Conditions: Max £10 per referral. Must have settled sportsbook/casino/exchange bets over £10 in 60 days. Max 5 referrals. T&Cs apply.

Why Should I Join Betfair?

  • It’s the world’s most famous betting exchange and you can often find better odds on Betfair in comparison to other leading bookmakers.
  • Betfair new customer welcome offers are competitive along with specials for existing customers.
  • Betfair offers you the opportunity to ‘bet against’ which is also known as 'lay'.
  • Betfair promo codes are available for both the exchange and the sportsbook.
  • Live streaming, tipping and its intuitive mobile app contribute to the overall experience of using Betfair.

Where to spend your Betfair Promotions today

Check here every day to find the best bet of the day, unearthed by expert race analysts. Not sure where to use your Betfair promo code? This gives you the perfect opportunity to place your first Betfair free bet of £10 bet and be in with a great chance of a return and the opportunity to snap up your free bets in time for the big betting races of the weekend.

How to use your Betfair free bets

Once your Betfair free bets have been credited to your account, you can use your Betfair welcome bonus on a number of different markets in the UK, however do check for exclusions.

The process to use your free bets is simple. Head over to your account, add your selections to your bet slip and use the ‘bet credit’ option. The final step is to place your bet.

If your bet is a winning one, your stake from the free bet credits will not be included in your returns.

Find all of today’s best free bets from leading bookmakers here.

Betfair Horse Racing Odds and Betting Markets

Betfair provides an excellent experience for bettors and the Betfair horse betting is very simple to use. There are a vast number of Betfair horse racing betting options available. As one of the leading sportsbooks for horse racing, customers can expect to bet on a range of markets. The following options are available for all UK and Irish races throughout the season:

  • Win
  • Place
  • Betting Without
  • Match Bets
  • Forecast/Tricast
  • Insurebet

Ante-Post Betting

Players placing bets with Betfair horse racing can also take advantage of the wide range of ante-post markets. These see customers able to make bets on races before entries have been made. Bets in this section can also be made up to a year before the race is run. There will be Betfair horse racing odds for feature races such as the Cheltenham Gold Cup and Grand National available in the ante-post section.

Best Betfair Horse Betting Features

There is a wide selection of Betfair horse racing features that players can take advantage of. The experience is enhanced by the below additional features. You can learn more about the Betfair horse betting features below.

Live Streaming

Players can watch all races in the UK and Ireland in the Betfair horse racing section. Furthermore, selected races from the United States and South Africa are also live-streamed. In order to watch the races, customers must have a credited account but are not required to place a bet on the races prior to viewing.

In-Play Betting

There is an excellent selection of in-play Betfair horse racing betting markets. The odds in these markets will constantly change throughout the race, which means finding the ideal time to make your selection is crucial. Customers can expect to bet on the win, place and each-way markets in the in-play section.

Cash Out

Like all leading sportsbooks, players placing bets on the Betfair horse racing odds can find the cash out feature. This can be accessed from the ‘Cash Out’ tab at the top of the page. Players will need to confirm their cash out once they have opted to take the funds offered. Once it has been confirmed, the funds will be added immediately to your Betfair racing account.

Betfair Radio

The sportsbook offers a comprehensive experience for horse racing fans. Customers can also access the radio, which can be found under the ‘More’ section on the horse racing homepage. Here, players can listen to dedicated commentary of all of the biggest races in the UK and Ireland.

Upcoming horse racing festivals

  • Irish Guineas Festival
  • Where: Curragh Racecourse
  • When: May 24 - May 26
  • Feature races: Irish 2000 Guineas

Most Popular Horse Races To Bet on With Betfair

Some of the biggest events available with Betfair racing can be found below.

Cheltenham Festival

The most popular four days of the season for racing fans are staged in March, at the Cheltenham Festival when the best jumps stars head into battle. The feature race of the meeting takes place on the final day - the illustrious Cheltenham Gold Cup. Customers can find a wide selection of markets throughout the meeting, with the Betfair welcome offer, one of the most popular.

Grand National

The Betfair horse racing section wouldn’t be complete without offering customers the option to bet on the Grand National - the world's most famous horse race. Players can make bets on the historic race from Aintree throughout the year in the ante-post section. On the day, customers can also watch the iconic race in full via the live stream.

Royal Ascot

The biggest five days of Flat racing in the United Kingdom takes place at Royal Ascot. Among the feature races that customers can bet on during the meeting are the Gold Cup and the Prince of Wales's Stakes. Live streaming is also available throughout the meeting, while price boosts can also be found regularly.

Betfair Pros and Cons

Betfair pros:

  • The world's biggest online betting exchange, offering excellent specials for major festivals.
  • Competitive welcome offer - bet £10 and get £20 is one of the best-value offers on the market, offering a 400% bonus.
  • Acca insurance.
  • Live streaming - watch races on the go from all around the world, including all four days of the Cheltenham Festival.
  • In-play betting and cash out features.

Betfair cons:

  • The online exchange could be deemed rather complex for beginners.
  • Removed 'Best Odds Guaranteed' offer in October 2023.
  • Payout times can be slower than other operators.
  • Premium charges (60% commission) apply for those who make over 250,000.

FAQ: Betfair Promo Code

When is the Betfair promo code available?

The Betfair promo code used to claim the Betfair sign up offer is typically available all year round, while additional offers are available during major horse racing festivals.

How do I use the Betfair promo code?

Click on the link above which takes you to the Betfair site and enter the code in the required registration field to claim the Betfair new customer offer.

How long does a Betfair free bet last?

You must claim your Betfair free bets within 30 days. This means you have 30 days to place your qualifying bet from the date of opening your account.

What deposit methods can I use to get my Betfair free bet?

You can use your bank card or Apple Pay to deposit in order to get your Betfair welcome offer.

Is Betfair a safe site to use?

Yes Betfair is a safe site to use and one which operates with integrity. It is one of the world's leading betting exchanges and registered with the gambling commission. Responsible gambling is key focus of the operator.

Can I use Paypal on Betfair?

Yes, Betfair accepts PayPal as a payment method. It is a popular method of payment thanks to its ease of use and speedy processing time.

Can I watch horse racing live on Betfair?

Yes. Customers with credited accounts can watch racing action from the United Kingdom, Ireland as well as the United States.

What Betfair welcome offers and special promotions are available?

New customers can learn all about the exciting Betfair welcome bonus in this review. Players can also take advantage of an excellent variety of promotions when they have registered. Among the promotions are the Best Odds Guaranteed, price boosts and each-way edge.

What safer gambling tools does the operator have available?

The best feature that the Betfair's safer gambling section offers is the pop up chat in case you want to talk to someone about your gambling and limits. The site also offers time-out, self-exclusion and deposit limits.

Betfair safer gambling tools section.

Betfair Horse Racing Review Verdict

There are few sportsbooks that come close to Betfair horse betting when it comes to offering a rounded horse racing experience. The Betfair welcome offer sees customers get off to the perfect start and is simple to claim with the Betfair promo code. Meanwhile, the selection of races covered and markets offered means that players have extra choice making bets.

The addition of live streaming is an added bonus to customers, as they can watch racing on the move. Furthermore, price boosts mean that players can get higher returns on winning selection. Overall, you would be hard-pressed to find a better sportsbook for horse racing online than Betfair.

Please ensure you play responsibly when choosing to gamble. Always take time to read the operator’s T&Cs and ensure you understand them correctly before committing to an account, or when signing up for an offer or promotion.

Further Reading