Betfair launches ‘Refer and Earn’ Scheme
By staff
Betfair, the world’s leading betting exchange, is offering customers the chance to earn over £8,000 for every new customer they introduce to the site.

The new ‘Refer and Earn’ scheme, which is open to all Betfair customers who have placed bets of more than £100, offers substantial rewards every time they introduce a new customer to Betfair. For each new customer they introduce, who also spends £100, they will receive £20 followed by additional quarterly bonuses for up to one year.

Customers simply pass on a unique referral code to friends or colleagues and then sit back and watch the payments pour in. And it’s not just the existing customers who stand to benefit from the scheme - referred customers also receive an initial £20 free bet and the opportunity to be a part of the bonus structure.

Paul Witten, Betfair’s Director of Acquisition, said, “The new Refer and Earn scheme is by far the most generous and lucrative referral scheme we have offered. We're aiming to draw sharp minded punters to our site while also rewarding those customers who have remained loyal to Betfair.

“By incentivising new and existing customers we’re aiming to grow and harness the Betfair community. We value the loyalty shown by all of our customers and this is a great way of rewarding them.”

Betfair has revolutionised the way people can bet. Launched just over four years ago, the company pioneered the concept of ‘exchange betting’ – a new form of bookmaking that uses the internet to enable punters to bet at odds set by other punters rather than a bookmaker.

With over 300,000 registered customers and matching up-to 12,000 bets every minute, Betfair is already one of the UK’s most successful internet-based businesses. Betfair was recently voted ‘Company of the Year’ at the CBI Growing Business Awards and was also awarded the prestigious Queen’s Award for Enterprise in 2003.

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