Betfair Pty Limited’s (Betfair’s) Reward Offer (the Offer) is governed by the following Terms and Conditions.
The following customers are not eligible to participate in the Offer:
- South Australian customers; and
- customers that were not sent the Offer via email or SMS by Betfair.
By participating in the Offer, you will be deemed to have accepted these Terms and Conditions.
HOW IT WORKS AND QUALIFYING CRITERIA
- Customers will be sent an email with the option to select and redeem one reward out of a selection of rewards.
- A customer’s first selection will be taken as the final and agreed upon selection and that is the reward that will be applied to the customer’s account.
- Customers will have the choice to choose between:
- a one-off cash credit to be applied on or around 4 business days post receiving the customer’s selection; or
- a discount rate applied to their account for the duration specified in the Offer email.
- The Offer and rewards will run for the specified time period outlined in the Offer email (Offer Time Frame).
- To be eligible for the Offer, customers will need to select one of the choices by 1:00pm AEST on 11 JULY 2025
HOW IT WORKS?
ONE-OFF CASH CREDIT
- Post a customer receiving the Offer communication and following the steps outlined in the email to select the one-off ‘cash credit’ (Cash Credit) as their reward, the cash credit amount specified in the Offer will be applied to a customer’s account on or around 4 business days post receiving the customer’s selection from the Offer communication.
DISCOUNT RATE
- Post a customer receiving the Offer communication and following the steps outlined in the email to select the discount rate (Discount Rate) as their reward, the Discount Rate will be applied to a customer’s account on or around 4 business days post receiving the customer’s selection from the Offer email.
It is noted that:
- the Discount Rate amount will be specified in the Offer communication;
- the Discount Rate will be applied for the duration of the Offer Time Frame as outlined in the Offer communication; and
- bets can be made on any market available on the Betfair Exchange that settles during the Offer Time Frame (Qualifying Markets).
QUALIFYING CRITERIA
- Bets will need to be settled during the Offer Time Frame; and
- Bets will need to be made on Qualifying Markets.
Example 1:
Market: R7 Flemington 8% Market Base Rate
The customer is eligible for a 10% Discount Rate.
| Bet Type | Bet | Stake | Odds | Outcome | Result | |
| Back | Running Sadie | $30 | $4.00 | Win | $90 | |
| Back | Hunny Bunny | $20 | $2.20 | Lose | ($20) | |
| Net Customer Winnings | $70 | |||||
Commission payable = $70 x (8% x 1- (10%)) = $5.04
ARE THERE ANY EXCLUSIONS?
Yes.
Bets placed during the Offer Time Frame but that settle outside of the Offer Time Frame will not be eligible to count toward the Discount Rate reward, nor will they be considered part of the Offer.
ADDITIONAL TERMS AND CONDITIONS
It is agreed that:
- Betfair’s decision on rewards will be final, and further correspondence will not be entered into;
- if your account is self-excluded or closed for any reason, you will be excluded from the Offer;
- Betfair can, in its absolute discretion and at any point in time:
- cancel or suspend the Offer;
- change your eligibility for entry into the Betfair+ Program;
- remove you from receiving the Offer, in which case you will no longer be eligible for any rewards;
- extend, or shorten, the Offer Time Frame; or
- amend these Terms and Conditions;
- Betfair shall not be liable for any loss howsoever arising as a result of a customer’s participation in the Offer; and
- outside of the Terms and Conditions outlined above, all other Betfair Terms and Conditions will prevail.
Customers seeking further information can call 1300 238 324 (8am – 6pm AEDT) or email service@betfair.com.au or pricingenquiries@betfair.com.au.
