The Betfair Promotion Code comes in five tiers:
Enter the Betfair Promotion Code WELCOME50 to earn $5 for every 40 Player Points earned.$50 welcome bonus!
Enter the Betfair Promotion Code WELCOME250 to earn $10 for every 80 Player Points earned. $250 welcome bonus!
Enter the Betfair Promotion Code WELCOME500 to earn $25 for every 225 Player Points earned. $500 welcome bonus!
Enter the Betfair Promotion Code WELCOME1000 to earn $100 for every 1000 Player Points earned. $1000 welcome bonus!
Enter the Betfair Promotion Code WELCOME2500 to earn $500 for every 7000 Player Points earned. $2500 welcome bonus!
As listed above, you need to hit the tables and play to earn your bonuses. Here's how it works: Betfair pays 3.6 points for every $1 of rake paid on cash games or 3.6 points for every $1 of tournament fees paid.
This is also where the math can get tricky. All poker games at Betfair are played in dollars, and so your paid rake will be automatically converted at whatever is the midrate of the current day.
According to the terms of the Betfair Promotion Code, players have 90 days during which to claim the $50 welcome bonus, or only 60 days for the other bonuses. The clock starts ticking as soon as you enter the Promotion Code. The incremental payoffs are a great way to motivate players, allowing them to win their bonus a little at a time. That, I think we can all agree, is better than working for one huge bonus and missing it by a few points.