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Free £25 Grand National bet

MSE_MartinMSE_Martin Money Saving ExpertMoneySaving Expert
8.3K Posts
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UPDATE: 7 April Congrats to all MoneySavers who won, especially LindaS & sufcmad16 who both scooped £300

What’s the deal?

If you’re planning to place a bet on the Grand National this weekend, there’s a way to get a totally free £25 bet.

Normally I wouldn't put a gambling offer in the e-mail, gambling isn't MoneySaving. Yet its Grand National weekend, and many people are going to bet anyway. And if you're going to bet, the best way to do it is with someone else's money! And that's exactly what this tip shows you how to do it.

How the deal works

If you sign up to Betfair as a new customer and bet £25 on the Grand National, it will refund the £25 straight back into your account after the race - whether you win or lose.

Betfair's senior press officer has confirmed to us that, "
As soon as £25 worth of bets are bet on a new account on Betfair, we will credit that account with £25" and that the money can then be withdrawn.
Read the full T&Cs for this offer.

Step by step guide to get a free £25 free bet
  • Step 1. Sign up for an account. Go to the sign-up page, and enter the code BFB425 in the promotional code box.
  • Step 2. Place your bets. Then bet at least £25 on the Grand National in one bet or in a series of bets. Pick the standard 'backing' bets, highlighted in blue, rather than the pink 'lay' bets (more on this below).
  • Step 3. Withdraw your £25. You'll receive your free £25 within 24 hours of the race finishing and can withdraw this to your bank account.
Be careful which card you pay with

If you pay by credit card, Betfair charges a 1.5% fee, so to be able to bet £25, you must deposit £25.40 into your account. Do also bear in mind that, if you deposit cash by credit card, most card providers will charge you a cash withdrawal fee. So check with your card provider beforehand or use a debit card.

Betfair requires proof of age if you pay by electron or solo card. To do this, you can either make a credit card deposit of £2 into your account or email them photo identification. You will be notified if Betfair needs you to do this - read full details.

Anything else to watch out for?

As well as being a normal bookies, Betfair is a betting exchange site, where punters bet against each other on whether or not a horse will win. But don’t let this confuse you: if you’re a newbie, just back a horse using the normal backing bets (highlighted in blue) and ignore the ‘lay’ betting section (pink).

If you're confused about something, please post on this thread to check before betting - lots of kind MoneySavers are willing to help.

If you are lucky enough to win, Betfair takes a 5% commission from your winnings.

Plus make a possible extra £30 on top

Even better, sign up via cashback sites Cashbackkings, Wepromiseto or Quidco and you’ve a chance of making £30 cashback on top.

This cashback isn’t guaranteed however, as cashback sites don't always let you combine two offers. It's definitely worth a try though.

Cashback sites are specialist 'advertising' websites that list retailers and product providers. They get paid by the retailers if you click through them, but importantly they then give some or all of this cash to you (provided you've registered which is free).

If you're a first time cashback site user, please do read the full Best Cashback Sites article for a full explanation of the pros and cons. Plus to see how the different sites payouts compare use the Cashback Sites Maximiser

Look out for more free bets

It’s worth keeping an eye on the red top papers, as closer to the race they often have promotions for totally free small bets e.g. a fiver for nothing.
PLEASE DO NOT LET THIS TEMPT YOU INTO GAMBLING.

Warning! Remember the reason bookies do this is to tempt you into gambling more often. That is not a MoneySaving thing to do.

The national is a yearly event, where gambling becomes entertainment. I know a few people will feel this shouldn't be in the weekly email.

However, as many will be betting on the Grand National anyway, I wanted those who were already going to bet to do it in the most cost effective way.

I would hate to encourage gambling in general though and think five minutes looking at www.gamblersanonymous.org.uk should help put anyone off.


Martin


Update 4 April 11am


Ignore future offers
While this first deal was a good'un, bear in mind that the future offers Betfair emails you won't be risk-free. You'll have to deposit your own cash, so don't touch!

Free £1 bet in The Sun on Sat
We've had word that tomorrow (Sat) The Sun will include a free £1 bet a Ladbrokes, where you don't have to deposit any of your own cash. Keep an eye out.

There have been a lot of questions on this thread, so to clear some things up:

What to do if you try to bet and it says “suspended”
Click on the sports tab
Select horseracing
Select GB
Select Aintree 5th Apr
You should then be able to bet

What happens if your horse is withdrawn from the race.
If you bet on a horse and is withdrawn from the race, then this counts as a bet and the £25 bet will be taken from your account. But under the offer the £25 will still be refunded to your account, as you have already risked your cash.

Always use the blue backing bets.
When betting, always use the normal backing bets, highlighted in blue. You can choose to win, place or each way. As explained in the “watch to watch out for” section, it’s possible to act as the bookmaker and bet against a horse winning – these bets are highlighted in pink – but this is only for serious gambling experts; please do not mess around with this if you don’t know what you’re doing.

Quidco has upped its cashback to £50
Quidco is now offering £50 cashback on Betfair, so it’s well worth clicking through first. But do remember this isn’t guaranteed. Even though Quidco says you need to deposit £10 to get the £50 cashback, remember you still need to bet £25 to get your full £25 bet refunded by Betfair. Read the “plus make a possible extra £30 on top” section first.

This offer is via Betfair
The information above relates to the Betfair offer only and not other websites.

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Martin Lewis, Money Saving Expert.
Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.
Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
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Replies

  • stphnsteveystphnstevey Forumite
    3.2K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
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    Nice spot Martin
  • HizzHizz Forumite
    1.5K Posts
    Betfair is £30 via Quidco and £25 through Topcashback.

    So, potentially opening 2 new accounts will give you 2 lots of free £25 bets, potential winnings and £55 cashback.

    Tracking appears good with Betfair on cashback sites.
    One hundred years from now it won't matter what kind of car I drove, what kind of house I lived in, how much money I had in the bank, nor what my clothes looked like but the world may be a little better because, I was important in the life of a child.
  • been waiting since april 2007 for £25 quidco money,



    View Enquiry

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    View Enquiry
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    Type:Enquiry - UntrackedStatus:sent to merchantOpened on:2007-04-20 17:57:13

    wouldn't expect to get cashback any time soon:mad::mad::mad::mad::mad:
  • tbear06tbear06 Forumite
    884 Posts
    Hizz wrote: »
    Betfair is £30 via Quidco and £25 through Topcashback.

    So, potentially opening 2 new accounts will give you 2 lots of free £25 bets, potential winnings and £55 cashback.

    Tracking appears good with Betfair on cashback sites.


    Can't find Betfair on Quidco - could it have been taken off because of this free bet?
  • benbenandmebenbenandme Forumite
    11.8K Posts
    Part of the Furniture 10,000 Posts Combo Breaker Photogenic
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    Betfair is on quidco, I just did it, and it does say on there about the £25 grand national offer, so it looks as though you can get both offers :beer: and it has tracked within 5 minutes too !!!
    Mortgage Total: £59,756 / £75,000 Mortgage End Date: May 2040Savings Pot: £1302
  • tbear06tbear06 Forumite
    884 Posts
    Betfair is on quidco, I just did it, and it does say on there about the £25 grand national offer, so it looks as though you can get both offers :beer: and it has tracked within 5 minutes too !!!

    Had to adjust my settings!! Found it now, thank you!!
  • sdavi3680sdavi3680 Forumite
    219 Posts
    one thing to beware of, when going through quidco it puts the promotion code of CLT534, now I didn't want to change this to the one mentioned above just incase it is the code that enables betfair and quidco to track it. It still looked as if I would get the £25 as I clicked through off the link from the betfair homepage.
  • benbenandmebenbenandme Forumite
    11.8K Posts
    Part of the Furniture 10,000 Posts Combo Breaker Photogenic
    Forumite
    I didnt see that code, when I filled in my details there was a box that asked for a promotion code or refer and earn code (?), I just typed martins code in there :rolleyes: :D Quidco has already tracked, will wait and see after the race if I get the £25 credited :D
    Mortgage Total: £59,756 / £75,000 Mortgage End Date: May 2040Savings Pot: £1302
  • welshie84welshie84 Forumite
    29 Posts
    hasn't tracked for me :-(
  • acemtaceacemtace Forumite
    131 Posts
    can more than one person in the same household open an account?
This discussion has been closed.
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