Geoff Banks Deposit Bonus Code 2020 – all terms explained
Last updated & tested: 2020-01-11
Geoff Banks is the name of the man behind the bookmaker. Mr Banks is the son of bookmaking pioneer John Banks, and he continues the family tradition, with a strong presence at UK racecourses including pitches at Cheltenham and York, amongst others.
Offering a more personalised service to punters than many of their rivals, Geoff Banks focuses strongly on traditional British betting markets, especially for football and horse racing. Licensed in the UK and Republic of Ireland, the company makes a point of operating a much more liberal policy than many rivals when it comes to limiting the accounts of successful punters. Winners are welcome, and the company likes to make sure that its clients can always get a bet on, even if the punt they are looking for is not on the website. This Geoff Banks review will take a closer look at the kind of bonuses on offer, as well as offering some details about the overall level of service punters can expect.
Sadly Geoff Banks have withdrawn this welcome offer. For that reason we advise you check out Betway and their great welcome bonus for new customers.
Geoff Banks Bonus details:
Geoff Banks Deposit Bonus:All Terms and Conditions Explained
The Geoff Banks sign up bonus is designed to reward bettors for their loyalty to the company. Punters are given £10 free for every £100 of bets that they place. They can be given a maximum of five payments of £10, giving a total possible bonus payment of £50. The Geoff Banks bonus code for this offer is REG52. The terms & conditions state that to claim the sports betting bonus, you need to use the claim form which is available on the website.
How to claim the Geoff Banks Bonus:
- Bonus is real cash, not merely bonus credit or a Geoff Banks free bet
- A maximum of £50 of free cash is on offer to loyal members
- You can get £10 for every £100 worth of bets placed
- The Geoff Banks bonus code is REG52.
- Only residents of the United Kingdom who have never had an account with the bookie before can claim the Geoff Banks sign up bonus
- Each qualifying wager must be at odds of 1/2 or greater
- Customers must use the claim form on the website, otherwise their bonus will be lost
Current Geoff Banks Promo Code & Sign-up Bonus:Requirements for Activation
The Geoff Banks sign up bonus offers new customers the chance to claim up to £50 as free cash. Unlike many of this bookmaker’s rivals, the bonus does not take the form of free bets. The bonus is paid into a customer’s account as actual cash. This means that it is not bound by wagering requirements. The Geoff Banks sportsbook bonus awards each punter £10 for every £100 that they turn over. It therefore looks to reward customer loyalty, rather than handing out free bets or a matched deposit bonus when you make your first deposit. The Geoff Banks bonus, explained in those terms, puts it amongst the best free bets offers out there.
Customers must use a claim form and Geoff Banks bonus code in order to ensure that they receive the bonus. You will not receive the bonus automatically, and this is important to remember. The Geoff Banks sign up offer provides a good incentive to stay loyal to a bookmaker which prides itself on offering customers a more traditional experience. The focus is very much on traditional British betting markets, especially horse racing. Football is the most popular sport at Geoff Banks.
Bonus Terms and ConditionsFor the Geoff Banks Bonus Code
- Name: Sign Up Offer
- Bonus type: Free cash
- Maximum bonus amount: £50
- Able to be cashed out: Yes
- Betting requirement: N/A
- Minimum odds: 1/2
- Bonus code: REG52
Geoff Banks offers season and event-specific bonuses to its customers at regular intervals. One of these bonuses, on offer at the time of writing, is the Red Card Refund. This is a bonus which is specifically aimed at football fans. You can receive up to a £25 bet refund if your selected team loses, and gets a red card. This bonus applies to certain specified matches, which are clearly indicated. You don’t need a code for this bonus.
There is also another bonus available for fans of wagering using betting apps. Anyone who places 100 bets in a calendar month using the Geoff Banks Android app or the iOS app will qualify for £50 of free bonus cash. How do you download Geoff Banks’s app? Full details are given on the website.
Our Verdict of Geoff Banks:The Review of the Geoff Banks Bonus
The Geoff Banks deposit bonus for new customers is one of the best offers out there. In terms of its welcome offer, Geoff Banks is certainly amongst the best online bookmakers available. For anyone wanting to test their betting strategies with a bookie with rewards loyalty with real cash, Geoff Banks is highly recommended.
What makes the bonus so appealing is the fact that it does not come in the form of bonus credit or free bets. Bonus credit and free bets often have restrictive requirements attached to them before winnings accrued from them can be withdrawn as cash. The Geoff Banks bonus codes, in contrast, come in the form of actual cash which can be withdrawn. The bonus also rewards loyalty: to obtain the full value of the bonus, you need to place bets with Geoff Banks over a period of time. It is not a one-off Jeff Banks deal, which only pays out once at the beginning of your time with the bookmaker. As Geoff Banks also makes a point of welcoming winners, serious gamblers will certainly be tempted by the offer.
Other bonuses are available too, often linked to specific events or sports. One example that we have seen at the site is the Red Card Refund, which offers you the chance to get a refund on your stake. This is given if a selected team loses and also receives a red card.
Geoff Banks also has the best odds guaranteed for all British, Irish and Dubai horse racing, adding more value. There is one significant issue with the bonuses, though, which is that is very tricky to find information about them on the company’s website. There is no clearly defined promotions tab on the website, offering a chance to access information about the bonuses.
Instead, you usually find the bonus info by chance, or by using Google. It would be nice to have the Geoff Banks deposit bonus explained in a more obvious place on the website. Despite this, the bonuses are still well worth having.
5 Expert TipsFor the Geoff Banks Bonus
Having had the Geoff Banks deposit bonus terms explained, it is now time for some expert tips on how you can make best use of the bonus cash. To be able to use the Geoff Banks bonus codes, you need to place a number of bets. It is always a good idea to bet sensibly and with some skill, so that you are not wasting money in pursuit of the bonus.
Here, we will give you some insights into how you can improve your betting strategies, and get your hands on the Geoff Banks bookmaker bonus even more quickly. Hopefully, as a result of reading these tips, you can soon be using the Geoff Banks deposit & withdrawal methods to take out some winnings!
1. Tip One: Always bet on sports that you know
It might sound obvious, but it is always a good idea to bet on sports that you know well. Many novices are tempted to bet on sports about which they know nothing, often by seeing appealing odds. But there is little point in betting on golf, for example, if your favourite sports are rugby union and cricket. If you’ve managed to get your hands on the Geoff Banks deposit bonus cash, then it would be a shame to waste it like this.
Instead, focus on the sports that you know, and research them in even more depth. Use resources like the Geoff Banks blog, which is especially useful as a source of horse racing information, and specialist sports websites to become even better informed. Even the most insignificant nuggets can come in useful when it comes to making winning selections on your betting slip. Another good way of picking up crucial tips and insight is to watch as many matches in your chosen sport as possible. This will allow you to make a betting odds comparison; and to place successful wagers.
2. Expert Tip: Focus on particular leagues, players or tournaments
In order to help you become a better informed and more skilful bettor, it is a good idea to narrow down your research to two or three particular leagues, teams or players; depending on what sports you favour. Becoming an expert on Portuguese or Northern Irish football, for example, will give you an edge over the punters who stick to the English Premier League or Spain’s La Liga. There is often some very good value kicking around when it comes to more obscure competitions and sports. The more ‘niche’ expertise that you can acquire, the better able you will be to spot good odds.
If you tend to favour individual sports such as golf or tennis, and you want to use the Geoff Banks app to place successful bets, then focus your research on particular players. Following certain players very closely can give you plenty of insight into how they will play against certain opponents or in certain situations. This does not mean that you will always back the players you are following. Indeed, following these players may well equip you with the knowledge to place successful bets against them.
3. Expert Tip: Use live betting to supplement your winnings
It is always a good idea to mix up your betting strategies with some live betting. This is betting on events which are taking place at the time of the bet being placed. For example, you may bet in a tennis match on who will serve the next ace, or, in a cricket match, on how many runs will be scored in the next over. There are plenty of live markets at Geoff Banks, especially for football. Betting like this, though, does require you to be watching the game; and to possess some good insight and knowledge. If you have no idea about what actually might occur, then there is little point in betting on it.
Another feature of betting live is the chance to cash out on bets early. If you have bet on the result of a football match, for example, you may want to end the game early if your selected team is winning. Cashing out allows you to do this, although you have to accept reduced odds on your winnings. How do you cash out with Geoff Banks? Well, the short answer is that you can’t, not currently at Geoff Banks anyway. Hopefully, this situation will be reviewed soon, as early cash out is offered by the vast majority of online bookmakers these days.
4.Expert Tip: Use accumulators to boost short odds
Accumulators are a great tool for punters who are in possession of a Jeff Banks discount bonus and want to make the most of short odds selections. An accumulator means that you make two or more selections on the same betting slip. The odds from the bets are multiplied together. The winnings from the first bet on the slip are then used as the stake for the second. This can result in some very big wins indeed. It is not a good idea to make a series of long odds selections, however tempting the combined odds might be; simply because if one selection loses, the whole coupon loses.
So, if you are using the Geoff Banks discount codes to bet, it is a good idea to pick an accumulator with at least one favourite on it. It can even be a good plan to bet on five or six favourites. As the odds are multiplied together, the wins can still be quite sizeable.
5.Expert Tip: Check out odds on less popular sports
Now that you have had the Geoff Banks deposit bonus terms explained, you may well be keen to get betting. Before you dive into betting on the biggest events in the sporting world, however, it might be wise to step back for a few minutes, and given more careful thought to which sports you are going to bet on. Betting on less well-known sports can often bring good value, and punters who are prepared to bet on less popular sports can often find some real tempting wagers amongst the odds on offer. Always be prepared to wise up about minority or foreign sports. You might just find that elusive winning streak a little more quickly.