GeoffBanks Review 2020 – Read our Bookmaker Rating in 5 Mins
Last updated & tested: 2020-01-15
Geoff Banks is a bookmaking company which prides itself on being a little different. Geoff Banks is also the name of the owner, and he is the son of the iconic bookie John Banks, who once enjoyed a very high profile amongst the betting community in the UK. This bookmaker sees itself as offering a bespoke service to its customers, based on their individual needs, rather than being just another generic sports book.
The company is licensed in the UK, by the British Gambling Commission, and Republic Ireland, and maintains several pitches at high-profile race courses, including York, Ascot and Cheltenham. Geoff Banks himself takes a highly personal interest in the company’s operations. He can often be found trading at his company’s pitches at racecourses, or on Channel Four Racing on TV. He also writes the Geoff Banks blog, where you can find up to date news and tips.
The Geoff Banks sign up offer provides punters with a real cash bonus, rather than free bets hidebound by wagering requirements. This generous approach extends to the odds and markets on offer, and punters who are fortunate enough to win a few times do not find their accounts limited at this bookmaker.
Sadly, Geoff Banks doesn’t offer a special bonus anymore. For that reason we suggest you check out our Betway review, including their great sign up offer for new customers.
The result of the OpenOdds Geoff Banks review
This Geoff Banks review has found that this bookmaker offers real value for the more serious sports betting fan. With a focus on what it terms the ‘traditional values’ of bookmaking, the company prides itself on offering generous odds to punters, alongside its real cash sports betting bonuses. Mr Banks himself offers punters updates on offers and odds via his often lively Twitter account, adding another layer of personalised customer service.
The range of sports covered reflects the company’s focus on British and Irish sport. There is plenty of opportunity to bet on US sports, for example, and you can bet on Gaelic Games, as well as UFC/MMA. Australian Rules football is not covered, though, nor are more obscure European sports such as handball. But for fans of horse racing, football, and mainstream British sport, there is a good selection of markets on offer.
The main focus of the bookie, it is fair to say, is on horse racing and football. Both of these sports are given their own tab at the top of the site’s home page. The website is well designed and loads smoothly. It has a more individual feel than many of its online rivals, and there are noticeably less graphic and animations on site. The focus of the design is on the odds and markets available.
Experiences with Geoff Banks: The Bespoke Bookie
- Classy design and quick loading times for the website.
- Accounts are not limited aggressively.
- Real cash Geoff Banks bonus available for new customers.
- Several customer service and contact options in place.
- There is a good range of in-play betting markets available.
Geoff Banks: OpenOdds 10 Review Categories Comprehensive Rating Report Concerning This Top Bookmaker
All bookmakers thoroughly tested by the OpenOdds team, must prove themselves in the following 10 review categories, even Geoff Banks!
01. Bonuses:Real Cash Bonuses Stand Out From the Crowd
Geoff Banks' Bonus Program
- Welcome bonus available
- Bet at least £100
- Using a promo code
- Granted £10 cash back
- Bonus remains for duration of account being open
The Geoff Banks rating for bonuses is high, largely because it offers punters real cash, rather than free bets. To qualify for the welcome bonus, a customer needs to bet at least £100, and opt into the offer using a promo code. They will then qualify for £10 of cash back, every time they generate £100 of turnover. To get the maximum possible value from the offer, a customer needs to bet £500, in order to receive £50 of bonus cash. Although it requires plenty of outlay from the customer, this is one of the best free bets offers on the market, in terms of the value it offers to punters.
There are also bonuses in place for existing customers, particularly for fans of football betting. Anyone conducting a Geoff Banks sportsbook review will also find that there is a GeoffBanks bonus called the ‘Bore Draw Refund’, which will refund bets if a match ends 0-0. Football punters can also receive up to £25 as a refund, if their selected team on a football bet receives a red card and loses. This bonus applies to certain, selected matches.
02. Customer Service:Customer Service: Standard Range of Options on Offer
Geoff Banks' Customer Services
- 24/7 support
- Live chat, phone and e-mail support
- Helpful, friendly staff
- Comprehensive FAQ available
Punters have a few options they can use to contact the bookmaker in case of a query. There is a live chat function, which represents the quickest way to get an answer. Customers can also use the email address provided. Telephone numbers and postal addresses for both the UK and Republic of Ireland are also provided.
03.Sports Covered:Sports Covered: A Strong Focus on Football and Horse Racing
Geoff Banks' Sports Coverage
- Comprehensive range of sports available
- Traditional options available
- Niche sports also on offer
- Focus on football and horse racing
- Something for everyone
Geoff Banks is a bookmaker with a big focus on football and horse racing. Given the company’s assertions on its website that it feels it is a more traditionally minded bookmaker, this should not surprise anyone carrying out a Geoff Banks sportsbook review. But as well as soccer and horse racing, customers can also bet on traditional Irish Gaelic Games, and there are also plenty of markets available on American sports, such as baseball and basketball.
Geoff Banks has also recently improved its range of darts markets on offer. Both codes of rugby, league and union, are covered, and markets are available for some political markets, such as who will be the next president of the United States. Given the bookie’s traditional outlook, it should perhaps not be that surprising that this Geoff Banks review found no esports markets on offer.
04.Payment Methods:Payment Methods: A Lack of Specific Information Lowers the Geoff Banks Rating
Geoff Banks' Payment Methods
- Visa and MasterCard
- Credit and debit cards accepted
- Options not given a prominent place
- Room for improvement
There is a major drawback with the information available to prospective customers at this bookmaker, in that no payment methods are specified on site. There are references to credit and debit cards in the terms and conditions section, with Visa and Mastercard mentioned, but not given prominent place. This could be quite discouraging to new customers who are undecided about opening an account, and hopefully Geoff Banks reviews this situation soon.
This issue also highlights a major flaw with the website’s design, in that attempting to open an account opens a page which states that ‘this page is not currently available to the public’. This makes for a generally confusing experience, and seriously reduces the rating that can be awarded to this bookmaker. Contacting customer services before you attempt to open an account would seem to be the only remedy available. Customers who are successful in registering with Geoff Banks can apply for a credit account with the bookmaker.
05. Security:Security: A Lack of Detail May Worry Some Punters
How safe is Geoff Banks?
- Extensive security measures in place
- Specifics are hard to find
- All customer data held securely
- All transactions encrypted
Is Geoff Banks safe? The company certainly asserts that it has extensive security measures in place for its punters. Again, however, specifics are hard to find. In the website’s help section, it is stated that all customer data is held securely, and that all transactions are encrypted. The lack of detail about what exact methods are used is somewhat frustrating, however.
This sense of unease may well be worsened in some potential customers by the statement in the website’s help section that the internet is an “insecure medium”, and, despite their best efforts, breaches of security regarding data may still occur. This is not particularly reassuring, and, when combined with the lack of specific detail about payment methods, most of which have their own stringent security in place, shows that Geoff Banks perhaps still has work to do in this regard.
06. Betting Odds:Betting Odds: Better Value than Most Other Online Bookies
How good are Geoff Banks' odds?
- Quality odds available
- Aimed at serious gamblers
- Very generous odds on almost all sporting events
- Compare favourably with competition
Geoff Banks claims to be one of the best online bookmakers when it comes to the quality of odds available. It is not hard to disagree with that claim, either, and this is an area where this Geoff Banks review believes the company deserves high ratings. As an independent bookmaker, aimed at more serious gamblers, Geoff Banks makes a point of offering more generous odds to its punters. A key part of its offer is also that the company does not move to limit accounts if a punter is successful. Having an account limited due to winning on a few occasions can be very frustrating to fans of sports betting who do well with their bets.
Perhaps offering best value are the Geoff Banks football odds. These compare very favourably to those on offer at other bookmakers. There is also a best odds guarantee in place for all UK, Irish and Dubai horse racing, a more extensive guarantee than that at many rival bookmakers.
07. User-friendliness:User Friendliness: An Occasionally Frustrating Site Design Obscures Information
How easy is Geoff Banks to use?
- Clear and easy to read
- Very simple to use
- Some frustrating let-downs
- Difficult to find key information
Although the bookmaker’s website is clear and easy to read, and seemingly very simple to use, there are some frustrating aspects to it. At Geoff Banks, deposit & withdrawal methods are not clearly specified, and it can difficult to find additional information about concepts like security measures, and how payments are processed. Extra information about how to open an account is also missing. This may potentially discourage some punters from signing up.
Nevertheless, it is easy to find the markets available, and placing a bet is as simple a process as it is at other, more commercially minded, online bookies. A list of recommended bets on the right hand side of the home page makes navigation even easier.
08. In-play Product:In-Play Product: A Good Range of Markets Offered
Geoff Banks' Live Betting Service
- In-play option available
- Reasonable variety
- Simple to find and use
- No live streaming
In-play markets are offered in reasonable variety at Geoff Banks, especially on football matches. There are plenty of opportunities for fans of other sports to test their betting strategies on in-play markets too, though. Live betting markets are available on American basketball and baseball matches, as well as cricket and both codes of rugby.
Finding the in-play markets is simple too. All a punter needs to do is to click on a grey tab marked ‘in-play’ which appears above the list of available sports on the left side of the home page. Any punter carrying out a betting odds comparison on the in-play options available here, when contrasted with other bookies, would also find good value.
09. Other Products:Other Products: Download the Geoff Banks App
What else does Geoff Banks have to offer?
- App available for iOS and Android
- No casino
- No poker site
- Views itself as a traditional bookmaker
Fans of betting apps are able to download a Geoff Banks app, whether they are iOS or Android users. This is really the only other product available here. No facilities for casino gaming are on offer, which fits in with the company’s view of itself as a traditional bookmaker.
10. Betting Limits: Varying from Sport to SportBetting Limits:
Geoff Banks' Betting Limits
- Informed when betting over limits
- No further details given
- Maximum winnings depend on sport
- Up to £100 000
Betting limits are in place at Geoff Banks, but the terms and conditions section of the website says that players will be informed of them according to which bets they are placing. Further details beyond that are not given. Maximum winning limits vary according to which sport is being wagered on. Football punters, for example, can claim a maximum win of £100,000 at Geoff Banks bookmaker.
Other maximum winnings amounts are £50,000 for most other sports, with £100,000 as the maximum for horse racing. More specific details are provided in the terms and conditions section for the website – the appendices section.
Our Verdict of Geoff Banks:Good value for punters
Overall, Geoff Banks offers good value to punters who would like to be taken a little more seriously by their bookie. With a traditional focus, which prioritises football and horse racing, this bookie offers good value with its odds and range of betting markets. Is Geoff Banks safe? The company asserts that it is, though specific details about security measures are hard to find on the website. A Geoff Banks app is available for download, which improves the company’s ratings.
Geoff Banks: Opinions & Experiences of Actual Users
We would like to hear from you, if you have been a punter at Geoff Banks! Geoff Banks provides a service for sports bettors who like traditional British sports, and if you have used the company, we would like to read your opinion. Share your views here, and help other punters make better decisions about bookies. All information shared is very valuable to our readers!