Betfair Refer & Earn

A place to discuss anything.
Post Reply
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Just been reading about Betfair's Refer and Earn scheme.

On the face of it, if I recommend a friend and he places a £25 bet, Betfair will credit him with an additional £25 and me with £25. It seems like a risk-free proposition; money for old rope!

Is there a catch?

Jeff
Top
User avatar
superfrank
Posts: 2762
Joined: Fri Aug 14, 2009 8:28 pm

yeah, your friend gets to bet on a phoney exchange! :D
Top
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

superfrank wrote:yeah, your friend gets to bet on a phoney exchange! :D
Not sure I follow...

Is it like these casino sites, where you only get to withdrawn the money you've been credited with when you turn it over so many times? If so, is there anything to stop him finding flat markets, offering money to the queue, and then immediately 'zeroing up' when the money is taken?

Jeff
Top
PeterLe
Posts: 3729
Joined: Wed Apr 15, 2009 3:19 pm

There would always be a hard link between your account and your friends..I'd prefer to keep them completely separate in every way
Top
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Fair point...

Jeff
PeterLe wrote:There would always be a hard link between your account and your friends..I'd prefer to keep them completely separate in every way
Top
steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Jeff, I dont think there is a catch. You are doing the marketing for them so i guess they see a 25 pound commission cheaper than paying a salary for someone going out and attracting new customers.
Top
User avatar
gutuami
Posts: 1858
Joined: Wed Apr 15, 2009 4:06 pm

I referred a friend a few years ago. And nobody got anything. Guess what was the reason? It is the fact that my first deposit on bf was not with a debit/credit card. They said I can not participate to the scheme due to that. Although, later I linked a few cards with them they refused to credit me anyway. Even now if I bring somebody to bf my referral code will not work. Isn't that a bit stupid? :lol:
Top
User avatar
LeTiss
Posts: 5489
Joined: Fri May 08, 2009 6:04 pm

With the way BF started to link accounts for the purpose of PC, I'd avoid any scheme of this nature
Top
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

gutuami wrote:I referred a friend a few years ago. And nobody got anything. Guess what was the reason? It is the fact that my first deposit on bf was not with a debit/credit card. They said I can not participate to the scheme due to that. Although, later I linked a few cards with them they refused to credit me anyway. Even now if I bring somebody to bf my referral code will not work. Isn't that a bit stupid? :lol:
I've done the same and neither of us got a penny for some reason or other. Never bothered with it since especially after hearing stories of people being linked for PC.

I'm sure there are people out there making worthwhile amounts though just not my cup of tea.
Top
Post Reply

Return to “General discussion”