Betfair is an online Gambling Platform, which offers a Sportsbook (fixed odds betting), online casino, online poker, and online bingo. From the services, Betfair has to offer, we can figure out that Betfair is an online platform which provides online gambling in the field of sports. From the past couple of years, online sports gambling has become a lucrative business for the youngsters as well as the middle-aged. In order to take the full advantage and scope of sports gambling, this company was founded in 2000 and is currently headquartered in two cities namely Hammersmith in West London, United Kingdom, and Clonskeagh, Dublin.
History of the parent company
The company was mainly founded in the year 2000, by Andrew Black and Edward Wray and in just 6 years, Softbank bought 23% of the company, valuing the company at £1.5 billion. In the beginning months of 2007, Betfair launched its own Radio service named as Betfair Radio Service, available through different modes such as its website, through the telephone and elsewhere. This has now been renamed to Timeform Radio which has expertise in broadcasting horse racing commentary and results.
About the parent company
Betfair is a subsidiary of the Parent Company, Flutter Entertainment. Flutter Entertainment is a bookmaking holding company which was created by the merger of Paddy Power and Betfair. While the company was created, the Acquisitions of The Stars Group also played a major role in the creation of Flutter Entertainment. The various stakeholders that are under the ownership of Flutter Entertainment are Adjarabet, BetEasy, Betfair, FanDuel, FOX Bet, Full Tilt Poker, Paddy Power, PokerStars, TVG Network and many others:
- Bet £20 and get a free £5 bets: Bet £20 on multiple events and get a free £5 bet which is valid on multiple events. Terms and Conditions are applied on the Offer.
- Refer and Earn: Earn £10 on refer, when each of a friend signs up on Betfair using your code. This is a great way of earning Euros and getting a great base of registered users.
More profitable offers
- Free Bet up to £25 when you win an American Sports Same Game Multi at 4/1 or more. This offer lustrates a lot of customers as there are a great number of users that bet on an American Sports game and this offer proves to be very useful for the company as well.
- Also, it is a responsible gambling platform, in order to attract a greater number of customers and to hold the existing base of customers, the platform offers customizing communications and exciting offers from Betfair.
- And in order to attract a greater number of customers and to hold the existing base of customers, Betfair offers Monday Loyalty Points Booster. Also, there are a lot of offers currently going on, which makes the betting even more interesting and due to the offers that Betfair has to offer, it has become one of the world’s largest platforms for an online betting exchange.