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Terms and Conditions

Last updated: 09/04/2024

Refer a Friend Terms and Conditions

  1. You ("Referrer") can make a referral to another person (a "Friend"), subject to the below.

  2. Referrer must be an active SportsBroker customer (i.e. have an Account with SportsBroker and which has been active in last 12 months) to make a referral to a Friend.

  3. The Friend you refer must be aged 18 or over and reside within Great Britain.

  4. The Friend you refer cannot be an existing SportsBroker customer for your referral to be valid.

  5. The Friend you refer cannot be yourself or persons residing at the same address.

  6. Referrals are made by sharing your unique SportsBroker customer referral code, which can be found in the SportsBroker application by selecting 'Refer a Friend' from the application menu, and then by selecting the 'Recommended' tab and opting into this promotion.

  7. A referral is 'validated' when the 'Friend' creates a SportsBroker account, includes the referral code, opts into this promotion, deposits £10 in their account and then places a bet, or bets and utilises the total of their bonus funds either in one bet or over a series of bets. Once the total of the bonus funds has been zeroed, the referral is validated.

  8. Once a referral is validated, both the Friend and Referrer will receive £25 bonus funds (" Bonus Funds") each in their respective accounts. The Referrer shall then receive confirmation of the successful referral in the SportsBroker application, either by pop-up upon logging in, or by a push notification should they already be logged in.

  9. In order to unlock the Bonus Funds for withdrawal, you must place a minimum of £250 of Bets (" Qualifying Bets"). Such Qualifying Bets can be made by using such Bonus Funds, funds from your Deposit Balance or a combination of Bonus Funds from your Bonus Balance and funds from your Deposit Balance. When you place a Bet, your Bonus Balance will be used first. Once you have made the necessary Qualifying Bets, your 'Bonus Balance' will be moved to your 'Deposit Balance' and will be available to withdraw. Other than in this instance, your Bonus Balance is not available for you to withdraw.

  10. If you place a Bet using your Bonus Balance and:

  11. the Bet wins (i.e. proceeds you receive are more than the original stake), the respective stake will remain in your Bonus Balance;

  12. the Bet loses (i.e. proceeds you receive are more than the original stake), the respective stake will be removed from your Bonus Balance.

  13. Bonus Funds must be used within 30 days. If the Qualifying Bets to a value of £250 are not made within 30 days of the Bonus Funds being granted, they will be automatically removed from your Bonus Balance.

  14. Your Bonus Funds balance (" Bonus Balance") will be displayed separately to your deposited funds balance (" Deposit Balance"). Any winnings from a Bet placed using either your Bonus Balance and Deposit Balance will be returned to your Deposit Balance.

  15. Your Deposit Balance may be withdrawn at any time, subject to any provisions in the SportsBroker General T&Cs, which can be viewed here

  16. SportsBroker General T&Cs apply and can be viewed here.

  17. By partaking in Refer a Friend, you confirm that you have read, understood and accept our privacy policy: https://sportsbroker.com/privacy-policy.

Example

Upon referral being activated but prior to Bet being placed

Player A receives £25 of Bonus Funds into their Bonus Balance, having made a valid referral.

Player A also has a Deposit Balance of £10.

Player A will need to complete £250 of Qualifying Bets to release their Bonus Funds.

Bonus Balance: £25

Deposit Balance: £10

Bet 1

Player A places a £15 Bet on Huddersfield Town AFC.

The Bet is completed using £15 of Player A's Bonus Funds from their Bonus Balance.

Huddersfield wins the match and Player A receives proceeds of £100, with:

  • £100 (the proceeds of the Bet) being deposited into Player A's Deposit Balance; and
  • £15 (the original stake from the Bonus Balance) being retained in Player A's Bonus Balance, in addition to the £10 which was not staked.

Player A has now placed £15 worth of Qualifying Bets.

Bonus Balance: £25

Deposit Balance: £110

Bet 2

Player A then places a £10 Bet on Leicester City using their Bonus Balance.

The Bet is completed using £10 of Player A's Bonus Funds from their Bonus Balance.

Leicester City wins the match and Player A receives proceeds of £120, with:

  • £120 (the proceeds of the Bet) being deposited into Player A's Deposit Balance; and
  • £10 (the original stake from the Bonus Balance) being retained in Player A's Bonus Balance, in addition to the £15 which was not staked.

Player A has now completed £25 worth of Qualifying Bets (£15 + £10).

Bonus Balance: £25

Deposit Balance: £230

Bet 3

Player A then places a £25 Bet on Bari using their Bonus Balance.

Bari loses and Player A receives proceeds of £10, with:

  • £10 (the proceeds of the Bet) being deposited into Player A's Deposit Balance; and
  • £25 (the original stake from the Bonus Balance) being removed from Player A's Bonus Balance.

Player A has now completed £50 worth of Qualifying Bets (£15 + £10 + £25).

Bonus Balance: £0

Deposit Balance: £240

Bet 4

Player A then places a £125 Bet on Valencia using their Deposit Balance.

Valencia loses and Player A receives proceeds of £25, which is deposited into Player A's Deposit Balance.

Player A has now completed £200 worth of qualifying Bets (£15 + £10 + £50 + £125).

Bonus Balance: £0

Deposit Balance: £140

Bet 5

Player A then places a £75 Bet on Galatasaray using their Deposit Balance.

Galatasaray loses and Player A receives proceeds of £10, which is deposited into Player A's Deposit Balance.

Player A has now completed £250 of Qualifying Bets (£15 + £10 + £50 + £125 + £75), but as there is no remaining Bonus Balance no Bonus Funds are transferred to the Deposit Balance.

Bonus Balance: £0

Deposit Balance: £50

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