1. Open an account at Betfair for Free

Joining Betfair is very simple and best of all it is Free! You can open an account in a matter of minutes by simply clicking on any of the Betfair banners on this page or the 'Join Betfair now' link below. Once you get to the landing page, look for the 'JOIN NOW' button and then click it to be taken to the Betfair sign up page.

Open a new Betfair account and place a first bet up to $50 and if your first bet loses they'll refund your stake up to $50!

Register with promo: FBR427 (Terms & conditions apply and excludes SA & VIC residents)

From the sign up page you will need to enter your personal details, contact details, and create a Betfair user name and password that will enable you to access the site.

Once inside you have the ability to check out all that Betfair have to offer. The 'Racing Zone' is a wonderful feature of Betfair racing and gives punters vital horse racing information in one easy to use location.

Join Betfair now and claim your $50 First Bet Refund*

2. Place a Bet at Betfair

Placing a bet at Betfair is much like how you would back a selection on the TAB or a bookmaker. Betfair betting markets all have fixed odds betting and it's just a matter of finding your desired market for any sport or racing event and then choosing the odds that you consider the best for your choice.

Betfair prices are better than the Australian TAB and if you want the very best odds for your selection then Betfair is your answer. Once you see the value on offer at Betfair you will never have to accept poor TAB odds again.

Join Betfair to place a bet now

3. Lay a Bet at Betfair

Betfair not only allows you to place bets on events, it also allows you to lay bets on selected events of your choice. If you think the favourite is no good thing in the main race of the day, then you can lay the favourite to lose and if someone accepts your bet and the favourite goes down as you expect, then your bet is a winner.

Laying a bet simply means you are putting money on a result that you feel won't happen, and is basically the opposite of placing a bet to win. That's what makes Betfair such an attractive place to bet as it gives you the choice. Back it to win or Lay it to lose. Your choice!

Join Betfair to Lay a bet today

4. Live In-Play Betting at Betfair

Betfair offers opportunistic punters the chance to win big from placing bets 'live' during racing or sporting events. If you have your finger on the pulse of a live event and can take advantage of the swings and roundabouts of a race or match that can see odds fluctuating wildly, then you can experience some exciting moments and very profitable returns.

Join Betfair to enjoy live in-play betting now

5. Funds and your Betfair account

Deposits into your Betfair account can be made via Bank Transfer, BPay, NAB, Credit Union which all require a minimum $5 deposit and have no fees associated, while Visa and Mastercard you have to deposit at least $30 with a small fee applied.

Terms and conditions apply to all the main payment methods and withdrawals are generally processed within one to three days. For more information refer to the bookmakers 'Help' menu under withdrawal and deposits.

Join Betfair now to receive better than TAB odds