Betfair Current Enhanced Odds Offers
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Betfair Current Enhanced Odds Offers
It seems that Betfair have stopped offering Enhanced Odds offers for new customers for the time being. There are still plenty of other promotions and bonus opportunities available, though! Head to our main Betfair review for the latest offers.
Betfair Enhanced Odds
One way to increase the profits you make and win free bets when you stake money on sports odds is to take advantage of the various Enhanced Odds offers many bookmakers make available to new and existing customers.
What Does Enhanced Odds Mean?
Enhanced Odds are a special offer that bookmakers make available to attract potential new customers and to retain their current clientele. These offers involve the bookmaker lengthening the odds on a particular sporting event or market and gives the bettor an opportunity to make more profit than they would if they bet on the ‘usual’ odds. What entices bettors more into taking these odds is that they are mostly offered on sporting events where the odds are initially extremely short. For example, let’s say Michael van Gerwen, ranked number 1 in the PDC Order of Merit, is facing Simon Whitlock, ranked 20th, in a Darts match. The odds on van Gerwen to win this match would usually be rather short, let’s say 3.0. Now, a bookmaker might use this Darts encounter as an opportunity to offer enhanced odds and for a limited time offer odds of 10.0 for van Gerwen to win. Follow the terms and conditions of each offer and if you win you will find yourself with much higher winnings!
Key Points To Remember
There is usually a time limit on each Enhanced Odds offer. They could be offered days in advance down to a few hours in advance of the sports event in question taking place. Once the time limit has passed, the offer is withdrawn and the odds return to their normal price.
Typically, there is a maximum stake allowed when staking on these offers. Depending on the bookmaker and the event, this stake is usually between £/€5 and £/€20. Ensure you read the terms and conditions of each offer carefully so you can assess the value in each bet.
How winnings are paid out differs from bookmaker to bookmaker. With enhanced odds, some bookmakers will pay out in cash, some in free bets, but typically it’s a mixture of the two. Let’s return to our van Gerwen v Whitlock example. The terms of the offer state that the maximum bet is £5. Place £5 on van Gerwen to win at the enhanced odds of of 10.0. If your bet is successful, your return would be £50. Now, some bookmakers will pay out in cash at the original odds of 3.0, so in this case £15, with the enhancement part being made up of free bets. So in this example you would receive £15 in cash and have £35 in free bets credited to your account.
How Betfair Enhanced Odds Offers Work
Betfair are one of the most popular betting exchanges, and are famous for their range of promotions and bonuses they offer. One of the Betfair promotions is their range of Enhanced Odds they offer on a regular basis. As with other bookmakers, Betfair Enhanced Odds Offers are only available to new customers mostly, though there can be times when they are offered to their existing customer base also. The terms and conditions of each offer can vary too, let’s have a look at the general way in which Betfair Enhanced Odds Offers work:
- Place money of up to the maximum stake allowed on the event on offer.
- Wait for your bet to be settled
- If your bet is successful, your account will be credited with your winnings paid as cash and/or free bets!
The added bonus on betting on Betfair Enhanced Odds offers is that there is sometimes a return of your stake even if your bet is unsuccessful! Also, with most of Betfair’s enhanced odds, all winnings are paid as free bets with your qualifying stake returned as cash. Let’s say Betfair are offering enhanced odds on Warrington Wolves to beat Salford Red Devils in the Rugby League Super League. The enhanced odds are 9.0 and the maximum stake is £/€10. This means if your bet is successful your returns will be £/€90. This £/€90 will be paid as free bets, with your original £/€10 stake being returned to you as cash. Whilst it’s not cash winnings, these free bets give you the opportunity to win cash without having to risk any of your own money.
Another key point to remember with Betfair’s enhanced odds is that there is sometimes a promotion code attached to each offer. If the offer is only available to new customers, you will be directed to the sign up page. Fill in your personal details, enter the specific promotion code of the bet you want to take, and create your account. Then, go to that market on the Betfair website and place your bet on the enhanced odds.
If you already have a Betfair account, remember that sometimes Enhanced Odds offers will be made available to you as well, and the latest offers will be sent to you via email or through messages on your account. If you haven’t yet got an account, take advantage of a Betfair Enhanced Odds Offer when you sign up. Bear in mind that Betfair also have a Welcome Bonus, where you can get up to £100 in free bets. This offer cannot be used in conjunction with their new customer Enhanced Odds offers. It’s an advantage to follow Betfair on twitter, where all the latest Betfair bonuses and promotions are updated daily. Of course, you can also keep informed of the latest bookmaker offers by regularly checking our free bets page.
Also, most of Betfair’s enhanced odds are only available to customers residing in the U.K and Ireland.
How To Qualify For Betfair Enhanced Odds Offers
To qualify for Betfair Enhanced Odds, you must first have a Betfair account. If the offer in question is only available to new customers, you may have to enter a promotion code as well on the Registration Page. Once your account has been created, click on the market you’re betting on, place the required stake and wait for the result to come in! In summary:
- Click our bettingexpert Betfair link to be directed to the Betfair website.
- Fill in the Registration form, remembering to enter the specific bonus code relating to that offer if there is one.
- Go to the market you want and place of bet of the required stake.
- Wait for the result to come in.
Remember that depending on the conditions of the offer, your winnings could be paid in cash or in free bets. Bookmark this page as we will be constantly updating it with the latest Betfair Enhanced Odds Offers and attached promotion codes.
Remember to use the Betfair Promotion Codes attached to your selected offer when you register.
Strategies For Using Betfair Current Enhanced Odds Offers
When considering which enhanced odds offer to take advantage of, and how to use the offer, it’s key to remember certain criteria to give yourself the best possible chance of winning bets and increasing your bankroll. We’ll take a look at some of these strategies now.
Bet On What You Know
Knowledge is power when it comes to your betting. It’s easy to be overwhelmed when you see so many Betfair Enhanced Odds Offers available and picking the right one is important. Because most of Betfair enhanced odds are only offered to new customers, you might only get one chance to bet on one of these betting specials. It’s easy to see the attractive odds but if you know little about the sport or event the offer is available on, how can you assess if the offer is worthwhile? Learn more about the sport in question, research key facts, recent form, head to head results, anything that will give you a better chance of making profit when you stake on these events.
What Are The Odds?
When you see these offers, you might ask are these the best odds around? It’s certainly worth checking other bookmakers and seeing who is offering the best odds. One way to do this is to use an odds comparison site that makes it easy for you to find the best odds from many different bookmakers.
Read Tipster Previews
You might spot an enhanced odds offer that takes your fancy, but not be completely sure if the odds are worthwhile. Try reading tipster previews, tipsters will offer their own predictions that might help you make up your mind. Here at bettingexpert we have hundreds of tipsters from all over the world who offer their tips and previews on a variety of sports. Also, you can see how successful each tipster has been by clicking on their name and going to the User Statistics tab. Here, you will see a record of their recent success.
Betfair Fast Funds
Betfair have now made it easier for customers to receive their withdrawals. Betfair Fast Funds allows customers from the UK, Ireland and Spain to receive their withdrawals within two hours of request. Customers who have Visa Debit or Visa Prepaid cards can utilise this function. Expect to see other fast funds bookmakers to introduce something similar in the near future.
Betfair Current Enhanced Odds Offers Frequently Asked Questions
What Does ‘All Winnings Paid As Free Bets’ mean?
If the Betfair Enhanced Odds Offer states that your winnings will be paid as free bets, it means that whatever the odds on offer, if you’re successful your account will be credited with free bets up to the winning amount. For example, if Betfair are offering 11.0 on England to win a World Cup football match with a maximum stake of £/€10 and the bet wins, you will receive £/€100 in free bets rather than in part or completely cash winnings.
Can I Use The Betfair Exchange With This Promotion?
This will be answered in the terms and conditions attached to each Betfair offer, but in general exchange bets are not included in Betfair’s Enhanced Odds offers.
Is There Always A Promotion Code Attached?
Most of the time, to qualify for one of Betfair Enhanced Odds Offers you will have to enter the promotion code for that offer. This is when the enhanced odds are offered to new customers only, and is to be input when you fill out the registration page. Bookmark this page as we will be updating it with all the latest Betfair Enhanced Odds Offers with all the relevant promo codes. You will also find the codes in the terms and conditions of each offer.
What Sports Are Betfair Enhanced Odds Offered On?
There is a huge range of sports and events that Betfair offer enhanced odds on. Football, Tennis, Formula 1, GAA, Horse Racing, these are just a number of sports you can find with Enhanced Odds attached. Betfair also offer their odds on different markets, from enhanced odds on outright winners to single matches, there is a lot of choice to consider.
What Other Bookmakers Offer Enhanced Odds?
Many bookmakers offer Enhanced Odds to new and existing customers. As well as Betfair, Paddy Power and Coral are two others who offer a wide variety of enhanced odds offers or risk free betting opportunities on a weekly basis. Take the time to explore what each bookmaker can offer, you never know when an unmissable offer is available!
How Many Enhanced Odds Offers Do Betfair Make Available?
Betfair offer Enhanced Odds on a weekly, sometimes daily, basis. There are many to choose from so keep checking their site and following this page as here at bettingexpert we will keep you up to date with Betfair’s latest enhanced odds promotions.
Betfair have gained a reputation for being one of the best exchanges around. They offer competitive odds and their range of Enhanced Odds offers are hard to beat. Read our comprehensive Betfair review, good luck with your betting!