Betfair are matching the first bet of new accounts up to the value of £25.
The amount is refunded to the new account within 48 hours. This can then be WITHDRAWN, meaning the original bet is completely FREE!!! It is however, only matched if the original bet loses.
What makes this deal even better is that you can open up one account per card. So if you have 5 credit/debit cards, you can get 5x £25 free bets!!!
I have already lost a free bet on one account but have gone for a 2-0 Chelsea FA Cup Final win on my second account. The profit on this is £167 if it wins, plus stake = £191. If they lose, I get my money back.
note: there is no charge for deposits with debit cards, however PayPal and credit cards are charged 38p per £25.