Betfair Sportsbook’s New Customer Offer bonus for March 2020 Current Codes and Details Below

Betfair BonusBack in 2000, Betfair became one of the first companies to offer a sports betting exchange to customers online, allowing customers not just to back selections, but also lay against them. The exchange proved to be a huge hit and in 2012, Betfair expanded its operations to launch Betfair Sportsbook, the company’s own version of a standard online betting site.

With a host of other sites available under the Betfair banner, Betfair Sports is one of the most eye-catching due to its great value introductory offer which is available to all new customers via mobile app or on the website.

Betfair Introductory Bonus – Claim £100 in Free Bets

How would you like a fantastic new offer to sign up with Betfair, one of the leading bookmaking and sports betting exchange sites in the UK? Sign up with Betfair Sportsbook today and you could be in line to receive £100 worth of Free Bets as you wager on the site.

Sign up with Betfair Sportsbook using the code ZBBC01 and then simply place five bets of £10 or more as single, on different markets, at odds of 1/2 (1.5) or greater and when you do, you will receive a £20 Free Bet in your account within 24-hours.

This is a great value starter bonus, especially if you are someone who regularly bets this amount or more on your bets throughout the week.

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18+, UK and Republic of Ireland residents only. Your 5 qualifying bets must be single bets of at least £10 or more. Free bets are awarded within 24 hours. Only bets placed and settled within the first 30 days of opening your account qualify. Moneybookers or Neteller payments excluded. Betfair Sportsbook promotional terms and Betfair Terms and Conditions apply.

Betfair Sports Betting – How to Claim your £100 in Free Bets

To claim the latest Betfair Sportsbook New Player bonus of up to £100 in Free Bets, you need to complete the following:

  • Sign up with Betfair and upon registration and when making your first deposit enter the code ZBBC01 into the promotional code box. This will then activate the bonus when you have been accepted as a member.
  • Once you are confirmed as a member of Betfair Sportsbook, simply place the first of your £10 single bets (you can bet more than £10 if you wish, although this will still only count as one bet in the promotion). Remember, the odds have to be greater than 1/2 (1.5) on your selection for it to qualify.
  • Place your remaining four bets of £10 or more within 30 days and you will receive a Free Bet of £20 as a welcome bonus from Betfair.
  • You can repeat this offer five times in total within your first 30 days of membership to claim the full bonus of £100.
  • Funds deposited via Moneybookers or Neteller will not qualify for the offer.
  • Only real cash bets count towards the bonus. Any bets that use Free Bets or similar either in part or full, will not meet the qualification criteria.
  • Your free £20 bet will be credited to your account within 24 hours of you qualifying for the bonus. You then have 30 days within which to use your free £20 bet.

Using Betfair Promo Codes/Voucher Codes

You don’t need a special code from Bonus Referrer Code to access the latest offer from Betfair, simply head to the site and register and when you do use the code ZBBC01 in the relevant code bos to claim the starter bonus.

Other Betfair Resources

Betfair is a very large company that offers a huge amount more than simply a sports betting site. You can back and lay bets at Betfair Exchange for example, and there are a wide selection of casino games to play across a number of different casino-themed sites.

You can also enjoy a game of poker, or a few games of bingo all using your Betfair login. All the sites are accessible via both desktop and mobile devices.

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Betfair also maintains a strong presence on social networking sites such as Facebook and Twitter and there is an extensive blog available on the Betfair website too, plus the company owns the Timeform Radio channel.

18+, UK and Republic of Ireland residents only. Your 5 qualifying bets must be single bets of at least £10 or more. Free bets are awarded within 24 hours. Only bets placed and settled within the first 30 days of opening your account qualify. Moneybookers or Neteller payments excluded. Betfair Sportsbook promotional terms and Betfair Terms and Conditions apply.

Company Profile – Betfair

Company Overview

Betfair began trading back in 2000 and initially operated as an online betting exchange. Founded by Andrew Black and Edward Wray, the company operated for many years solely as a betting exchange before diversifying its output to include sports betting, casino gaming, bingo and poker in later years.

After 12 successful years as a betting exchange, Betfair moved into the traditional sports betting industry in 2012 with the release of the Betfair Sports Book service. This allowed the company to directly compete with other UK bookmakers offering standard betting across a range of sports.

In 2016, the company was merged with the Irish sports betting service Paddy Power to create Paddy Power Betfair, although both Paddy Power and Betfair continue to operate as single-entity sites and apps in their own right.

Outlined below is a list of the current sites and apps available with Betfair:

  • Betfair Sportsbook – This is the sports betting aspect of the site which offers many traditional forms of sports betting services, including horse racing, football and cricket betting, as well as more modern options such as Esports betting, Virtual Sports, In Play betting and Live Streaming.
  • Betfair Exchange – This is the original Betfair site and it is not a sportsbook, but a betting exchange, which allows its users to both back and lay bets and set the odds against other punters to try and earn a profit. Betfair charges a commission on these transactions to make its money.
  • Betfair Casino (and similar sites) – Betfair Casino is the main casino site on offer from Betfair but it is only one of a handful of other sites available which all offer a similar number of casino games, slots and other entertainments. Other sites in the Betfair range offering similar games to Betfair Casino include Betfair Live Casino, Betfair Arcade, Betfair Vegas Slots and Betfair Macau. There is also a games site for Exchange bettors, called Betfair Exchange Games.
  • Betfair Poker – Betfair Poker is, as the name suggests, the poker arm of the company and it offers its own client software which needs to be downloaded and installed before customers can access the range of different poker games available on the site.
  • Betfair Bingo – Betfair Bingo offers a number of different bingo games to suit all pockets and also includes a number of different slot games and similar for users to play whilst they are playing bingo.

Sponsorship

Betfair has a number of different sponsorship deals with many different sporting teams, organisations and events. The company is the official betting partner of both Arsenal FC and Barcelona FC and was the first betting company ever to sponsor an English football team when sponsoring Fulham in 2002-03.

The company also sponsors several horse races including the Tingle Creek and Betfair Chase, which are two of the key races at two of the biggest jump racing meetings of the year at Sandown and Haydock Park respectively.

Betfair are one of a group of betting companies that have agreed to police themselves after agreeing a televised sports advertising ban which is due to be implemented at some point in 2019.

Operating Locations

The company has main offices in Ireland, the UK and Gibraltar and the business is set up to operate across four different divisions:

  • Online – which deals with the different online betting opportunities available to people in the UK and Ireland as well as across a number of other European and international countries.
  • Australia – The Australian division is known as Sportsbet and it offers online betting on Australian betting markets. The companies offices are based in Melbourne, Sydney and Darwin.
  • Retail – The retail division operates over 620 Paddy Power betting shops across the UK and Ireland.
  • US – Paddy Power Betfair operate a number of businesses within the US including FanDuel, TVG, DRAFT, Betfair New Jersey Online Casino and the Betfair New Jersey betting exchange. These brands together are available across 45 states.

Regulation and Reputation

Paddy Power Betfair has a very good reputation in the gambling industry. The company operates under license from the Malta Gaming Authority after it moved its HQ outside of the UK a few years back.

On the www.sportsbokreview.com site, Betfair has an “A” rating meaning that it is one of the top and most reliable bookmakers and betting services you can find and use online.

Paddy Power Betfair are also traded on the London Stock Exchange using the ticket symbol PPB.

Company Timeline and Milestones

  • 1988 – Paddy Power opens in Ireland with 42 shops initially
  • 1999 – Sporting Exchange is formed.
  • 2000 – Paddy Power launches its first website and is floated on the Irish Stock Exchange. The company then opens its first shop outside of Ireland in London.
  • 2000 – Betfair launches its Betting Exchange with the first market offered being the Epsom Oaks.
  • 2001 – Betfair develop the first form of “In Play” betting on its Exchange.
  • 2003 – Paddy Power launches its Games and Casino sites
  • 2008 – Paddy Power opens its first shops in Northern Ireland
  • 2009 – Paddy Power purchases the rights to Sportsbet
  • 2009 – Betfair acquire TVG Horse Racing and a development team based in Romania, now called Betfair Romania
  • 2011 – Paddy Power become the first betting company to offer a dedicated mobile app.
  • 2011 – Betfair are floated on the London Stock Exchange with shares selling at £13 each.
  • 2012 – Betfair acquire Blip, a web development company.
  • 2012 – Betfair launches its own sports betting service alongside its betting exchange.
  • 2012 – Betfair develops the “Cash Out” concept
  • 2014 – Paddy Power opens its 500th
  • 2016 – Paddy Power and Betfair merge to create Paddy Power Betfair
  • 2016 – Paddy Power Betfair acquire the US Fantasy Sports specialists DRAFT.

Financial History

Betfair began in June 2000 and was formed by Andrew Black and Edward Wray, initially as an online betting exchange and the site performed well in its early years. The company broke new ground in 2002 when it became the first sponsor of an English football team when they sponsored Fulham FC.

By 2006, Softbank were persuaded to purchase 23% of the company, which valued it at £1.5 billion.

Later that year in December 2006, Betfair then purchased the horseracing guide Timeform.

Betfair radio was launched in 2007 and has since become Timeform Radio and in 2009, Betfair announced the purchase of the TVG Network in the United States in a $50m deal.

Then in November 2009, the company agreed a deal with New York Racing Association that allowed Betfair customers to start betting on Aqueduct’s thoroughbred races. Bolstered by the success of its operations, Betfair floated on the London Stock Exchange on 22nd October 2010 at a price of £13 per share (which valued the company at £1.4 billion.

In 2011, the company relocated from its main bases in the UK and Ireland to Gibraltar for tax reasons.

May 2012 saw Betfair expand its betting services from simply an exchange site, as the company released its first sports book betting service to compete with traditional bookmaking services.

Betfair then partnered with Net Entertainment to expand the companies reach into the UK market and in 2015, Betfair and Paddy Power agreed to form a merger, with Paddy Power acquiring Betfair. The new name of the holding company is Paddy Power Betfair and the merger was completed in February 2016.

Charitable Endeavours

Betfair has been involved in a number of different charitable endeavours over the years. The company provided funding for the Irish Special Olympics team, who sent 24 athletes to the Special Olympics World Winter Games which took place in Austria.

In addition, the company has partnered with former Arsenal and England player Rachel Yankey OBE to promote the Fairer Game campaign in women’s professional football throughout 2017. The aim to address the gender imbalance in professional football in respect of coaching. Betfair is supporting 50 female coaches to gain their UEFA B licence.

The company has also made grants of up to £1,000 available for community sports club to apply for to help improve facilities, gain coaching qualifications or to purchase new equipment via the Cash-4-Clubs scheme. The scheme started back in 2008 and in 2018 celebrated its centenary by launching a new website and expanding the scheme into more countries around the world.

Betfair also sponsored National Jockey Day in 2017 which raised £50,000 for the UK Injured Jockey’s Fund. The company also sponsored Stable Staff Week at Doncaster, culminating in the Betfair Clock Tower Cup, where stable staff switched roles with their jockey.

Other initiatives which the company is involved in across the world is the Thoroughbred Aftercare Alliance, the Permanently Disabled Jockey Fund, Old Friends Retirement Farms in California and Living Legends in Australia.

Workers at Paddy Power Betfair are also encouraged to take 2 days paid leave per year to volunteer at a charity of their choice. In addition, staff can also apply once a year for up to £500 in matched giving for money raised through completing a challenge for charity.

Key Executives

Gary McGann (Chairman)

After gaining his qualification as a chartered accountant from University College Dublin and Trinity College Dublin, McGann was originally CEO of Smurfit Kappa between November 2002 and August 2016. He has also been CEO of Aer Lingus, as well as the being the current Chairman of Paddy Power and Aryzta as well as Betfair.

Peter Jackson (CEO)

A former Cambridge University alumni, Peter Jackson has worked for Lloyds Bank, Halifax Bank of Scotland and McKinsey and Company before taking over as CEO of Travelex in 2010. After a short stint at Banco Santander, he joined Worldpay UK as CEO in March 2017 before taking up the role of CEO at Paddy Power Betfair in January 2018.

Starter Bonus Offer Terms and Conditions

Betfair’s New Customer Offer – Get up to £100 in Free Bets

  • Who Can Take Part?

Only New customers who are resident in the UK or the Republic of Ireland and who use the promotional code ZBBC01 can participate in the offer.

  • What Do I Need to Do?

Customers must place five £10 (or more) individual single bets on the Betfair Sportsbook site at minimum odds of 1/2 (1.5)

Any bets placed on the same selection or market do not qualify for this promotion.

  • What Can I Win?

After your five qualifying bets have been settled, you will receive a £20 free bet from Betfair within the next 24-hours.

You can then repeat this process up to five times within your first 30 days of membership. The maximum bonus available is £100.

  • What Else Should I Know?

You are allowed to stake more than £10 on a qualifying bet, but if you do then that bet will still only count as one qualifying bet.

Any bets you place must be placed and settled within the first 30 days of you having an account with Betfair in order for it to qualify for the offer.

The offer excludes any ‘same market’ bets you may place on the Betfair Exchange.

Any bets that are Cashed Out or Voided will not qualify for the offer.

Bets placed using your £20 Free bets, or any other Free Bet offered by Betfair, in full or in part, will not qualify as a qualifying bet.

Customers that deposit their cash using either Moneybookers or Neteller services, will not be allowed to take part in the offer.

Only one bet per sporting event will qualify for the offer.

Any multiple selection bets are excluded from the offer, as are any single bet selections contained within multiple bets, such as in a Lucky 15 or Lucky 31 bet.

Your £20 Free bets are valid for 30 days upon receipt.

Betfair Sportsbook promotional terms apply, as do the Standard Betfair Terms and Conditions.

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