Fafabet Sign Up Offer (2024) | How to Make £25.00 Profit

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

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.

Deposit £100 using a debit card.
Switch to decimal odds.

Qualifying bet

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.
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.
Place your £100 qualifying back bet at Fafabet (must settle the same day).
Place your lay bet against the same selection at Smarkets.
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

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.
No matter the outcome, your free bet and casino bonus should be credited within 24 hours of your qualifying bet settling.
Check the back odds at Fafabet and the lay odds at Smarkets to find a suitable selection.
Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
Place your free back bet at Fafabet (valid for 7 days).
Place your lay bet against the same selection at Smarkets.

Casino bonus

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.

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Got a question?
Leave me a comment below…

I usually respond within 24 hours.

Matt Kirman – Matched 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.

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lewism462846
0

Is there any point in wagering £10 35 times? Surely that’s way too time consuming and you’ll probably get nothing anyway?

+0
Reply September 3, 2022 at 12:29 pm
1. Matt
  1495
  
  Hi Lewis,
  
  The £10 casino bonus has a 35x wagering requirement. That means if you choose to use it, you won’t be able to withdraw any winnings until you’ve rolled it over 35 times.
  
  I hope that helps.
  
  +0
  Reply September 3, 2022 at 3:24 pm
Melissa
Guest user

Hi Matt

The welcome offer looks to have changed (unless I am completely reading it wrong). I wondered if you would be able to have a look and give some advice on how best to do this one! Thank you

+2
Reply October 30, 2022 at 9:31 pm
James W
34

The sports welcome offer now looks much more value for 2023;

https://www.fafabet.co.uk/promotions/welcomeoffer/

+0
Reply December 30, 2022 at 12:20 pm
1. Matt
  1495
  
  Thanks for flagging, James. I’ll get the guide updated.
  
  +0
  Reply January 1, 2023 at 11:52 pm
neilqpr
0

Hi Matt, does your qualifying bet need to settle on the first day as well?

+0
Reply February 8, 2023 at 5:52 pm
1. Matt
  1495
  
  Hi Neil. Your ‘first day’ runs from the time of your first settled bet until 23:59 the same day. Here’s the key info from the terms.
  
  7. Sportsbook losses are calculated from the time of your first settled bet until 23:59 on the same day. Only settled bets from the first day of Sportsbook bets qualify for inclusion.
  
  +0
  Reply February 9, 2023 at 7:42 am
  1. neilqpr
    0
    
    Thanks Matt, that’s great.
    
    +0
    Reply February 9, 2023 at 9:48 am
Saulul
1

This guide is written sort of misleading? For this offer, it’s better if your qualifying bet wins at the Bookie, because then you’re up a 20 quid free bet. If your bet wins on the exchange then you’d take a quali loss and a 50 quid free bet, which comes to the same profit as the situation if your quali bet won at the bookie but you didn’t get a 20 quid free bet as a bonus.

+0
Reply April 23, 2024 at 9:36 pm
1. Matt
  1495
  
  Hi Saulul,
  
  That is all explained in the guide.
  
  If your qualifying bet loses, you should make around £25 profit. If your qualifying bet wins, you’ll make a profit of around £41.
  
  +0
  Reply April 24, 2024 at 10:58 am