Terms & Conditions for Betfair’s ‘Basic’ Rewards Plan
On Exchange, each separate market with settled bets counts as one “Qualifying Bet”.
No Best Odds Guaranteed on Sportsbook: You will no longer be eligible for Best Odds Guaranteed on the Sportsbook.
No Access to Promos: You will no longer be eligible for any Exchange or Sportsbook promotions, e.g. “3/1+ Free Bet” and “Bet 10 get 5”. You will still be allowed to complete any existing promotions you have already commenced wagering towards, and you will still receive the benefits of any promotion you have started qualifying for or already qualified for prior to joining the Basic package.
No Access to Prize Pinball: You will not be eligible to play Prize Pinball or avail of any bonuses related to Prize Pinball. More info on Prize Pinball here casino.betfair.com/prize-pinball.
2% Commission: You will pay 2% commission on net winnings in Exchange markets.
You will receive the same package, each month, until further notice.
You can change to a different package at any time. Package changes take effect on the 1st day of the following month. Requesting a change does not impact any benefits you are due to receive in the current month.
Any Exchange discount rate you would normally receive due to your Betfair Points will not apply while you are opted in to a package. Betfair points will continue to accrue as normal. Your commission rate on Australasian markets will continue to be calculated using MBR (Market Base Rate) and Betfair Points.
Bets on Exchange Games do not count toward wagering and qualification of bonuses in My Betfair Rewards. Your commission rate on Exchange Games is unaffected by your package choice.
Betfair reserves the right to:
- Change the benefits listed in any package. Customers will be notified in advance of any changes to their package, and will be given a period of not less than 7 days’ notice. After being notified of the changes, these changes will take effect on the 1st day of the following month.
- Stop offering packages upon giving customers not less than 7 days’ notice. At the end of the notice period, the relevant package(s) will automatically end on the last day of the then current month;
- Exclude certain customers from the Rewards+ or Rewards packages, or to move a customer from a higher package to a lower package (e.g. from Rewards+ to Basic) upon giving the customer not less than 7 days’ notice. At the end of the notice period, the relevant changes will take effect on the 1st day of the following month. Please note that any such exclusion will not affect any free bet, bonus or other promotional offer you have already placed a qualifying bet towards. You will still receive the benefits of any promotion you have started qualifying for or already qualified for prior to the exclusion;
- Close your Betfair account if it considers there is sufficient evidence of abuse of this promotion, for example, if you are using more than one username to take part, or you are engaging in any fraudulent or illegal activity (including participation that would be in breach of the law in your local jurisdiction). In such cases Betfair will not credit any free bets or rewards.
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