October 15, 2008

Betfair gets its 2 millionth customer

Betfair has grown from strength to strength over the past 8 years since it was formed and has not celebrated having customer number 2 million. What makes this even more impressive is that they have made the jump form 1 million to 2 million in only 20 months.

Customer number 2 million was a 59-year old Civil servant from Sweden who had a flutter on the US presidential election and on Wall Street going up or down and he won himself a VIP weekend in London for 2.

“You have to back yourself in life and when my brother showed me the site I could see instantly that it gave me a wide range of choices and I could pick my own odds,” said Ohrman.

“It’s certainly more fun betting on Betfair than it is betting on the stock market at the moment.”

5 million transactions a day are held which is more than all of Europe’s stock exchanges which is very impressive and this is why they are set to win their second Queen’s Award for Enterprise on the 20th of October.

“In a year when we won a Queen’s Award for International Trade, it is fitting that Betfair’s two millionth account comes from outside the UK,” said David Yu, Chief Executive Officer for Betfair.

“Our international customers are already an essential part of our business and they are growing larger in number every day. So, congratulations to Mr Ohrman, he’s joined the world’s biggest online betting community.”

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