Don't miss out on these Betfair promo codes which are available today!
What is the Betfair Exchange?
Customers can wager against one other rather than a conventional bookmaker on the Betfair Exchange. By matching consumers, rather of bearing the risk, the Exchange offers the option to ‘lay,’ or wager against something not happening.
How does Betfair Exchange work?
The Betfair Exchange is the largest sports betting exchange in the world. It is modelled after a stock market, but instead of exchanging shares, it offers betting chances on events in sports, politics, and entertainment.
There are two sides to any bet in every betting market. On one side, there are people who believe an event will occur (backers), and on the other, those who believe it will not occur (the layers).
Backers and layers have their bets matched as long as they agree on a price (the odds) for whether or not an event will occur. Betfair announced a new option called ‘MatchMe’ in February 2021, which makes it easier for clients to get their bet matched even if there is a slight odds fluctuation – click here for more information.
Betting against other customers eliminates the need for the margin that fixed-odds bookies include in their rates, allowing for a more efficient marketplace, which is why you may frequently obtain better odds on the Betfair Exchange.
Customers instead pay a modest fee, but only on winnings.
2021 Betfair Exchange Promotion Codes
The latest up-to-date list of October 2021 Betfair promo codes:
Betfair Exchange Free Bet Streak
What is the thrilling Betfair Exchange Free Bet Streak?
The Betfair Exchange Free Bet Streak is a free bet on the Exchange that lasts 72 hours. The free bet is not valid on SP bets or the following markets: Asian Handicap, Asian Total Goals, Spreads and Totals, Line Markets, and Each Way.
When you use your free bet to place a winning wager, you’ll receive another free bet equal to the amount.
If you pay out your free bet, you will be ineligible for any future free bets.
In the event of back bets, the size of the re-credited free bet will equal the stake, or your liability in the case of lay bets.
If you place a wager with a free bet and regular cash, only the free bet stake will be paid as a new exchange free bet.
All winning free bets settled by 23:59 every day will be reimbursed by 12pm the next day.
Any invalid free bets will be re-credited within 24 hours.
What else do I need to know?
The free bets are valid for 72 hours.
Your free bet investment is not included as part of your winnings.
If you use your free bet to place a lay bet and the total liability exceeds the free bet value, you will be liable for the difference.
Existing free bets will be valid for the 72-hour period specified above.
Any further free bets that are supposed to be provided will be substituted with a cash refund.
Further free bets will no longer be available.
Betfair Exchange rules and regulations, as well as standard Betfair promotional terms and conditions, apply.