Geoff Banks Sign Up Offer: Refund Up To £500 As Cash
Geoff Banks is an online sports betting site that allows people to bet on a range of sports, but with a keen interest in horse racing. They are an independent, family-run business first established in 1998. They are still owned by Geoff Banks 26 years later.
Geoff Banks Sign-up Offer Explained in Detail
Geoff Banks are offering new customers a fantastic offer of a refund up to £500 in cash as a welcome promotion. This is one of the most generous offers on the market and below we outline how to claim it:
- Sign Up
First thing to do is create your new account. Click the get offer button in our link on this page to head straight to the Geoff Banks website. You’ll find the ‘Sign Up Now’ button at the bottom of the landing page on Geoff Banks, click this and follow the next steps.
- Click Register
Pressing the sign up now button as advised in the previous section will take the customer to the Geoff Banks homepage. From here, click ‘register’ in the top right hand corner.
- Input your details
The next page has a long list of boxes which must be filled. These ask for the details of the new customer and are as follows:
- Prefix
- First Name
- Last Name
- Date Of Birth
- Post Code (this should create a drop down to find your address)
- Phone
- Email
- Username
- Deposit Limit
- Security Question (this should provide a drop down)
- Security Answer
- Photo ID
- Proof Of Address
- Proof Of Funding (Not Mandatory)
- Promo Code (Here be sure to enter code AFF500)
After filling in these details, there are two tick boxes. One must be ticked and is to state the customer has read and accepts the terms and conditions, while the other is an option to opt-out of communication from Geoff Banks.
Geoff Banks Welcome Offer Key Terms and Conditions
As is the case with all welcome offers in the sports betting industry, there are important terms and conditions to read about and familiarise yourself with before joining Geoff Banks. Here we list a few of the most important T&Cs:
The rebate is limited to 10% of net losses or £500
Geoff Banks Online will return 10% of any net losses (Stakes minus Payouts) made in the first month of wagering. The maximum rebate is £500 per customer. The rebate will be calculated and made to your account by the 32nd day following Account opening.
Refunds are made in Real Money, not Free Bets
Unlike other bookmakers, Geoff Banks promise to refund all rebates in cash and therefore the rebates may be withdrawn.
Minimum wagering requirements
Geoff Banks requires customers to make a minimum of ten settled wagers in the first month to activate the welcome offer of a 10% refund on net losses.
Offer cannot be used in conjunction with any other offers.
Geoff Banks Online reserves the right to withhold, restrict or cancel this offer from individual account holders at its own discretion and without prior notice
All other general Terms and Conditions apply.
Does Geoff Banks Offer a Promo Code?
Yes. Geoff Banks requires a promo code for customers to avail of this welcome offer. The Geoff Banks Promo Code is AFF500 and must be inputted during the sign-up process.
How does the Geoff Banks Welcome Offer compare with competitors?
Geoff Banks’ welcome offer is certainly one of the most unique bookmakers on the market, but their sign up offer is certainly competitive and compares favourably to some of the competitors if punters prefer a refund over free bets.
Bookmaker | Sign Up Offer | Minimum Deposit | Bonus Expiry |
---|---|---|---|
Geoff Banks | 10% refund on first month losses | £10 | 32 days after free bets credited to account |
BetVictor | £40 free bets | £5 | 7 days after free bets credited to account |
bet365 | Bet £10 Get £30 | £5 | 7 days after free bet token credited to account |
BoyleSports | Bet £10 Get £25 Free Bet Bundle | £10 | 7 days after free bet token credited to account |
SBK | Deposit £10 Get £30 Free Bets | £10 | 7 days after free bet token credited to account |
BetMGM | Bet £10 Get £40 in Free Bets | £10 | 7 days after free bet token credited to account |
Mistakes To Avoid When Claiming the Geoff Banks Welcome Offer
The Geoff Banks sign up offer is relatively straightforward, however there are a few potential things which could catch those who are not careful out.
Firstly, be sure that you make at least ten bets over the course of the month or else you will not qualify for the refund. There are no limits on odds or bet types.
Secondly, do not go over the £5000 spend which would mean 10% of the losses are refunded. Once the customer has lost over £5000, the 10% refund will cap at £500.
Third, do not forget to input the Geoff Banks Bonus Code AFF500 when signing up for an account.
Lastly, be sure that you have the correct documentation ready when attempting to sign up. Geoff Banks is one of the most strict firms on the market as they require photo ID and proof of address upon sign-up. Failure to provide these things will result in your account not being opened.
Geoff Banks Free Bets and Offers for Existing Customers
Geoff Banks feels like one of the most competitive bookmakers on the market right now for prices, but their free bets offering is limited. Nevertheless, there are plenty of promotions on for both new and existing customers at Geoff Banks and below we outline some of the most exciting promotions that Geoff Banks are currently offering to their existing customers, with Geoff Banks Free Bets on offer as well as concessions.
Best Odds Guaranteed
A firm fan favourite as a concession, best odds guaranteed means the punter will be paid out at the best price out of the one they chose to take and the starting price. Geoff Banks offers best odds guaranteed on all single win bets or each-way singles on racing, but not any other type of bets. Furthermore, the maximum stake is £200 if punters want best odds guaranteed applied to their bet. Geoff Banks offers this concession on ALL UK and Irish racing from the moment the races are priced up, which is a rarity in this day and age when most firms are offering best odds guaranteed only after a certain time in the morning.
Close Call Cash Back
There is nothing worse than your horse coming second if you didn’t back each-way, but Geoff Banks helps to soften the blow. On selected races in the UK and Ireland, the bookmaker will award a Geoff Banks Free Bet where your Selection finishes Second!
The qualifying races must have 8 or more runners, and the SP favourite must be returned at odds of evens (2.0) or greater. The Free Bets will be awarded on a scale reflecting exactly half of your win stake, up to a maximum free bet of £500. The minimum qualifying stake for this promotion is £10.
Just Win Only Singles qualify for this wager, Each Way or Multiple bets will not receive a free Bet.
In the event of a Dead Heat for Second Place, no Second Place Free Bets will be awarded.
Premier League 10 Minute Blast
At Geoff Banks, although horse racing is the main focus they still have some smashing promotions for customers who like to bet on football, namely the Premier League. An innovative promotion which is exclusive to Geoff Banks is their Premier League 10 Minute Blast offer, which provides punters a bit of an insurance blanket should the team they have backed to win a Premier League game score early. If the team you have backed scores before the 11th minute and goes on to lose the match, Geoff Banks will refund 50% of your stake as a free bet once the match has finished. The maximum wager that this promotion applies to is £40. This could be very handy for those who like to back underdogs!
Best Odds Guaranteed On Greyhound Racing
Geoff Banks is also a great supporter of Greyhound Racing and the online firm offer best odds guaranteed at all UK tracks. This means that if the punter takes a price, for example 4/1, and the SP is bigger, for example 5/1, Geoff Banks will pay out at the bigger price. This is the same as the offer for horse racing and is a brilliant concession to have as a bettor. The maximum stake for bets that qualify for best odds guaranteed on greyhound racing is £100.
Enhanced Each-Way Places On Golf
Like in horse racing, It is now not enough for bookmakers to simply payout at the standard terms on golf majors that are made for each-way betting. Many betting sites now offer a multitude of extra places on numerous events in the golfing calendar, and Geoff Banks are no exception. Expect to see plenty of extra places as the golfing year rumbles on, particularly at the Majors.
Best Odds Guaranteed On Greyhound Racing
Geoff Banks is also a great supporter of Greyhound Racing and the online firm offer best odds guaranteed at all UK tracks. This means that if the punter takes a price, for example 4/1, and the SP is bigger, for example 5/1, Geoff Banks will pay out at the bigger price. This is the same as the offer for horse racing and is a brilliant concession to have as a bettor. The maximum stake for bets that qualify for best odds guaranteed on greyhound racing is £100.
Our Experience Using Geoff Banks
Signing up to Geoff Banks took a longer time than usual, as they have thorough verification checks which include uploading two documents that prove you are who you say you are. Once my account was verified I was eager to try out the website and found the interface pleasant and easy to use. Personally, I would have preferred some sort of free bets to be unlocked on sign-up for the Geoff Banks new customer offer, but the style of welcome offer here is a refund which could come in handy in a month or so’s time if my betting results are poor.
Geoff Banks’ website seems to run well and it could not be simpler to add selections to your betslip, to add multiples and choose which kind of accumulator you want to place I like that horse racing is the main focus of Geoff Banks online and seeing all the Cheltenham Festival races in a mini menu on the left hand side when on the homepage is a nice touch for those who love antepost betting.
I have already enjoyed on a few occasions a 50% refund of my stake when my horse finished second, one particular instance coming when beaten in a photo finish and the free bet refund certainly made the loss easier to stomach. I love that best odds guaranteed is available on most races, however it would take Geoff Banks to the next level and really set them apart from the competition if they allowed best odds guaranteed to be applied to all bet types.