Hi all, just seen this advertised. From the looks of it if you sign up with betfair and deposit £25. It says on you first bet only, if you lose it, they'll refund your loss on that bet. Now I have never bet before because I don't think it's a smart idea, but this looks like a 'free chance' to me. For example, if I sign up, deposit £25, put down £25 on Brazilt to win the world cup, they lose, i get £25 back in my account, withdraw it back to my bank account so I havn't lost anything.
I've tried looking through the terms and conditions (here) and I can't see anything which would prevent me doing this....but I don't understand some of the terminolgy
Is it possible to do my above example or is there more to it than that? Perhaps I can't withdraw my deposit until I've made x amount of bets or I can only withdraw winnings I make on top of my deposit, or maybe there's a charge to withdraw the £25 from the account to my bank???
Sorry for the stupid question and thanks for any advice!
I've tried looking through the terms and conditions (here) and I can't see anything which would prevent me doing this....but I don't understand some of the terminolgy
Is it possible to do my above example or is there more to it than that? Perhaps I can't withdraw my deposit until I've made x amount of bets or I can only withdraw winnings I make on top of my deposit, or maybe there's a charge to withdraw the £25 from the account to my bank???
Sorry for the stupid question and thanks for any advice!