Fafabet Sign Up Offer

Description

Register an account with Fafabet and place a bet on any sport. 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 £20 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 £10+.

Key terms

  • New UK customers only. Irish customers can claim a different sign up offer here.
  • Applies to your first settled single or multiple bet.
  • Minimum stake of £10.
  • Minimum odds of 2.00 (evens).
  • Place a £10+ bet to receive a £5 free bet and a £5 casino bonus.
  • Place a £20+ bet to receive a £10 free bet and a £10 casino bonus.
  • Place a £100+ bet to receive a £20 free bet and a £10 casino bonus.
  • The free bet and casino bonus will be credited up to 24 hours after your qualifying bet settles.
  • Alternatively, if at the end of the first day (23:59), your sports account has losses overall, you can choose to get 50% back as a free bet up to a maximum of £50, plus a £20 casino bonus instead.
  • Your losses are calculated from the time of your first settled bet until 23:59 on the same day.
  • Only settled bets from your first day of betting qualify for inclusion.
  • 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 £200.

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

Account setup

  1. Sign up for a Smarkets account if you haven’t already. You’ll need this to match your bookmaker bet.

MBB Special: £50 Amazon GIFT CARDS

Every signup via the link below will be entered into a free prize draw to win one of four £50 Amazon gift cards. Winners will be drawn 1st August 2024. T&Cs apply.

Matched Betting Blog receives a small commission when you sign up to Smarkets via the link above. It helps support the site and keeps it free for everyone to learn matched betting.

  1. Register an account with Fafabet.
  1. Deposit £100 using a debit card.
  2. Switch to decimal odds.

Qualifying bet

  1. To target the maximum £50 free bet, you must bet £100 at minimum odds of 2.00 (evens). If your bet loses, you’ll receive a £50 free bet and a £20 casino bonus. If your bet wins, you’ll receive a £20 free bet and a £10 casino bonus. Check the back odds at Fafabet and the lay odds at Smarkets to find a suitable selection. Look for overall odds around 5.00 (4/1) and above, as high odds should give you more profit than low odds.
  2. Use the ‘Money Back if Bet Loses‘ setting on the Matched Betting Calculator to calculate your lay stake. You can enter £40 as your ‘Cashback‘ figure as that’s the amount you can expect to convert your £50 free bet into (80%), should your qualifying bet lose.
  3. Place your £100 qualifying back bet at Fafabet (must settle the same day).
  4. Place your lay bet against the same selection at Smarkets.
  5. Ensure you don’t place any further bets at Fafabet on the same day. That’s because any winning bets may affect your potential free bet refund.

Free bet

  1. If your qualifying bet wins, you’ll receive a £20 free bet and a £10 casino bonus. If your qualifying bet loses, you’ll receive a £50 free bet (50% of your stake) and a £20 casino bonus.
  2. No matter the outcome, your free bet and casino bonus should be credited within 24 hours of your qualifying bet settling.
  3. Check the back odds at Fafabet and the lay odds at Smarkets to find a suitable selection.
  4. Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
  5. Place your free back bet at Fafabet (valid for 7 days).
  6. Place your lay bet against the same selection at Smarkets.

Casino bonus

  1. Wager your casino bonus within 7 days. Wager 35 times to withdraw any winnings (capped at £200).

Aim for a £25 profit on this Fafabet offer as a rough guide. If your initial bet wins, you should make an extra £16 cash (80%) from your £20 free bet. Based on those figures, you could potentially make a £41 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 £600 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 £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.