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Fafabet Sign Up Offer

Description

Register an account with Fafabet and place bets on any sports. If your account is down at the end of your first day’s betting, you’ll get 50% of your losses back as a free bet up to £50, plus a £10 casino bonus. You’re guaranteed a £5 free bet plus a £5 casino bonus even if your account is up, provided you place at least one bet of £20+.

Key terms

  • New UK customers only. Irish customers can claim a different sign up offer here.
  • Activate the offer by depositing and placing sports bets.
  • Minimum odds of 2.00 (evens).
  • A minimum of 3 bets on different selections are required for the refund offer.
  • 2 of your qualifying bets must equal at least 50% of the largest bet you place (e.g. if your largest bet is £50, you need to have two additional bets of £25+).
  • Place at least 1 x £20+ bet to be guaranteed a £5 free bet and a £5 casino bonus, no matter the outcome.
  • Your losses are calculated from the time of your first settled bet until 23:59 the same day.
  • If your account has losses overall at the end of the day, you’ll get 50% back as a free bet up to £50, plus a £10 casino bonus.
  • Your free bet and casino bonus will be credited by 16:00 the day after your qualifying bets have settled.
  • The free bet and casino bonus will be valid for 7 days.
  • The free bet stake will not be returned with any winnings.
  • The casino bonus will be subject to a 35x wagering requirement.
  • The maximum you can win from the casino bonus is £100.

Always check the terms of an offer yourself before placing any bets. Bookmakers can amend their terms anytime, so it’s always worth double-checking.

Account setup

  1. Sign up for a betting exchange account if you haven’t already. You’ll need this to match your bookmaker bet.
  1. Register an account with Fafabet.
  1. Deposit £50 using a debit card. Depending on the outcome of your first qualifying bet, you may need to make further deposits to fund any additional qualifying bets.
  2. Switch to decimal odds.

Qualifying bet(s)

  1. You only need to bet £20 to be guaranteed a £5 free bet and a £5 casino bonus. If you want to aim for the 50% refund, I recommend staking £50 as your first bet. Your qualifying bet must be placed at minimum odds of 2.00 (evens), though you may wish to place it at higher odds to increase your chances of making a first day’s loss. Check the back odds at Fafabet and the lay odds at the betting exchange to find a suitable selection.
  2. Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
  3. Place your £50 qualifying back bet at Fafabet.
  4. Place your lay bet against the same selection at the betting exchange.
  5. If your qualifying bet wins, it will now be harder to make an overall loss and earn a 50% refund, so you may decide to settle for the guaranteed £5 free bet and £5 casino bonus. However, if your qualifying bet loses, you can continue to target the 50% refund by placing two further bets of £25 (half your largest stake of £50).
  6. Repeat steps 5-8 for your remaining 2 x £25 qualifying bets (must settle before 23:59 on the same day as your first qualifying bet).

Free bet

  1. If your account has made an overall loss at the end of your first day’s betting, you will get 50% back as a free bet up to £50, plus a £10 casino bonus. If your account is in profit, you’ll receive a £5 free bet, plus a £5 casino bonus. Your free bet and casino bonus will be credited by 16:00 the day after your qualifying bets have settled.
  2. Check the back odds at Fafabet and the lay odds at the betting exchange to find a suitable selection.
  3. Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
  4. Place your free back bet at Fafabet (valid for 7 days).
  5. Place your lay bet against the same selection at the betting exchange.

Casino bonus

  1. To unlock your casino bonus, open any game and click on ‘Agree and Continue’ when prompted. Wager your £10 casino bonus within 7 days. Wager 35 times to withdraw any winnings (capped at £100).

As a rough guide, limit your initial qualifying loss to around £2. If your qualifying bet wins, aim for £4 cash (80%) from your guaranteed £5 free bet. Based on those figures, you should make a £2 profit on this Fafabet offer.

If your initial qualifying bet loses and you place two further qualifying bets of £25, limit your further qualifying losses to around £2. If all three qualifying bets lose, aim for £40 cash (80%) from your £50 free bet. Based on those figures, you could potentially make a £36 profit on this Fafabet offer.

Learn matched betting the free, easy way.

The Matched Betting Academy

  • Logically structured to tackle strategies and offers as you’re ready for them.
  • Bag profits every step of the way. About £650 from welcome offers, and another £500 monthly.
  • Make £15 from your very first offer.
Screenshot of the Matched Betting Academy

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Matt Kirman - Matched Betting Blogger

Matt KirmanMatched Betting Blogger

Since 2014, I’ve blogged over £60,000 worth of profit, and made it my mission to make matched betting accessible to everyone.