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Also referred to as “The Sporting Exchange,” Betfair are best known for their race and sports betting action, launched in 2000 from a base in Gibraltar. Each and every day, they process over five million transactions for more than three million customers, making this the world’s largest international online sports betting provider.
To supplement global wagering operations, Betfair opened the online Betfair Casino out of Malta, followed by the Betfair Live Casino, Exchange Games and Arcade. Another component of the company’s gaming activities on the Internet is Betfair Poker, which runs on the Ongame Network operated by Bwin.Party Digital Entertainment plc. All of these services can be accessed from a single Betfair account.
To welcome new customers registering for the very first time on Betfair, a £25 Free Bet is offered as a bonus. To qualify, an initial deposit and wager must be made. Should that first wager lose, the total amount will be fully refunded up to £25. A similar £25 Free Bet is offered for each friend referred thereafter.
Once customers become accustomed to wagering at Betfair, they may take advantage of a variety of ongoing promotions, such as cash back offers worth up to £50 on FA Cup bets and the “League of Multiples” offering football fans a shot a £100,000 in cash rewards. The latter works on a “points accumulation” basis, with one point earned for each winning leg from every Football Multiples bet placed during the season. Monthly leaders get £7,000 and the season winner receives £30,000.
New players at the Betfair Casino also receive a warm welcome, with up to £zero in bonus cash. This promotion matches the first three deposits made in stages. The first deposit triggers a 100% match of up to £100, while the second and third deposits earn a 50% match up to a maximum of £50 each. A special VIP Welcome is also available, with a £500 bonus awarded to those who make a first deposit of £1,000 or more.
Daily promotions in the Casino include the £20 Monday Bonus, the £1,000 Tuesday Giveaway, the Double Jackpot Day on Wednesday and 20% Losses Back on Thursday. Every Friday there is a 50% match of deposit called the “Tasty Bonus,” and on weekends there is bonus worth up to £500 for meeting certain “Comp Point” targets.
Everyone who plays in the Betfair Casino version is rewarded with Comp Points automatically. The system awards 30 Points for every £100 played on Slots & Other Games and 10 Points for every £100 played on Video Poker, Card and Table Games. As soon as 100 Comp Points have been earned, the Cashier can convert them to cash at a rate of £1 for every 100 points redeemed. There are no limits on earnings or redemption.
Other bonus available through the Casino include Double Comp Points promotions, 200% Slots Bonuses on selected games and “Races” worth up to £2o,000 for those who top the Betfair Casino leaderboards. Referring friends is another way to receive up to £2,000 in bonus cash, gaining a £25 Free Bet for each referral, plus extra cash based upon the new member’s play.
One other bonus offer being made exclusively to new Betfair customers is a Poker sign-up bonus worth up to $2,500. New players simply choose the level of their first deposit, from $50 up. Each level of entry features its own rules regarding the bonus cash release rate and when the promotion expires.
At all levels, new players are automatically enrolled in the Player’s Club, which allows up to 40% value back to be earned during the course of play. “Store Points” are awarded, too, which can be redeemed for merchandise and free tournament entries, among other benefits.