Betr to Make Record-Breaking Payout Following 100-1 Launch Promotion

Panthers NRL win sees Betr pay out AU$72 Million

by - Monday, October 2nd, 2023 9:27

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Australian online bookmaker Betr will pay out the highest promotional payout in the history of Australian sports betting following the Penrith Panthers’ NRL Grand Final win on Sunday evening.

Betr to Make Record-Breaking Payout Following 100-1 Launch Promotion Betr to Make Record-Breaking Payout Following 100-1 Launch Promotion

However, despite the massive payout, Betr is still set to come out as winners. According to a statement from founder Matt Tripp, the company has already tripled its return on those new customers.

Betr to Make Record-Breaking Payout Following 100-1 Launch Promotion Betr to Make Record-Breaking Payout Following 100-1 Launch Promotion

“The cash is there, it’s more a timing thing, the manual labour of actually getting it done. Because we have done so many cash-outs, we have to do them all manually. Hopefully, it will be quicker than Friday.

Betr to Make Record-Breaking Payout Following 100-1 Launch Promotion for breaching gambling regulations during the promotional launch. At the time, Betr ran several ads during the brand’s launch in October 2022. However, the regulator ruled that the ads broke state regulations on gambling promotions as they offered an inducement to gamble.

Betr to Make Record-Breaking Payout Following 100-1 Launch Promotion
Natasha Lyndon

Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.