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BetBull Announces Closure Of Operation. All You Need To Know

  • Written by David Bet
BetBull Announces Closure Of Operation. All You Need To Know

Social-media and free-to-play driven sports betting company BetBull announced on 20th June 2022 they will cease all operations on Sunday 3 July 2022. The announcement was made via the website and in a personal email to customers. The bookie will no longer accept new sign-ups as from Friday 24th June 2022. Problem with BetBull closure? Here's all you need to know.


BetBull to cease all operations. What to do now?  

In a short statement, BetBull announced they have taken the "difficult decision" to cease all gambling activity.

The decision comes rather suddenly, an no specific reason was provided behind it.

Actually, it was very surprising given the fact BetBull had embarked on a new advertising campaign in the UK within the past 12 months – featuring none other than football icon Eric Cantona.

Stephen Power – more widely known as the Racing Blogger – was still providing social media content for BetBull around Royal Ascot last week, while football ambassadors Darren Bent and Ray Parlour gave their take on the UEFA Champions League final between Real Madrid and Liverpool last month.

This week BetBull will cease trading; it has been a great journey – seeing the brand take it first bet to its last,” said Paul Archer, marketing director at BetBull.

Customers will have two week to withdraw money from their account.

In the next sections, we will explain how to cash-out your balance money at BetBull, what happens if you have open bets and what happens if you do not request a withdraw before they shut down all operations.

Meanwhile, let's take a look at how to replace BetBull in your favorite bookies portfolio.

Looking for an alternative to BetBull?

BetBull was one-of-a-kind social betting app. What set this online sports betting app apart from the rest was its social integration.

You had the chance to follow the best bettors in the network and see how they're betting over time.

As a result, it's not an easy task finding something similar, even if new betting sites have their focus on social betting and gamification.

Despite that, many online bookies are worth a try. The following bookmakers are our recommended operators as BetBull alternatives.

BetZone
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Mr.Play
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Betting Battles & Leaderboards

PlayBoosts: boost your winning by up to 77%

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Fast Markets & Player Props

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18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit: £10, max £15 free bet valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets no eligible.  BeGambleAware.org. T&Cs apply. 
Betfred
4.9/5

Acca Flex: Get 50% on Winning Accas or Refund

Horse Racing: Free Bet if 2nd or 3rd

Best Odds Guaranteed & Extra Places

Double Delight & Hat-Trick Heaven

#PickYourPunt: Build your bet

Bonus Code

Bet £10
Get £50 in Free Bets

#ad 18+ New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. T&Cs apply. gambleaware.org
SpreadEX
3.7/5

Fixed Odds & Spread Betting

Boost your Acca Winnings by up to 75%

Spread-Free Bets: Bet with no house margin

Three Cashout Options (One-Click, Partial or Auto Cashout)

Bet on the go via tablet and smartphone apps for iOS or Android

Bonus CODE

Bet £25
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#ad 18+. Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Get 5 x £5 free fixed odds bets + 2 x £5 free Total Goals spread bets + 50 free spins on Starburst. Each free spin is worth 10p and there are no wagering requirements. Free bets and spins must be claimed within 28 days of opening. Free bet/spin stake not included in any winnings. T&Cs Apply. begambleaware.org
BetGoodwin
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£100 Free Bet if Beaten by a Nose or Falling at Last

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Price Boosts on Football Matches

Virtual Sports: Football, Cycling, Horses & more..

Recommended for Horse Racing & Greyhound

Bonus Code

50% Back As A Free Bet Up To £25

18+ Offer valid for new Betgoodwin customers 18+. 50% of first day losses refunded as free bet. Max free bet per customer £25. Min. 3 bets of £10 or more on separate events at odds of evens (2.0) or bigger on first day. Free bets non withdrawable. Free bets to be credited within 24 hours. Betgoodwin Terms and Conditions apply #ad.
BetUK
3.5/5

Acca Club: up to 200% Extra Winnings on your accas

Weekly Football Offer: £5 Free Bet every single week

BetUK Racing Six: £50k Jackpot, Free-To-Play predictor game

Free Bet Club: get 2 x £3 Free Bets every week

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Bonus Code

Bet £10
Get £30 in Free Bets

#ad 18+ New cust only. Opt in by placing a £10 qualifying bet at 4/5 (1.8) odds or greater between 09:00 13/04 and 08:59 14/04 to receive 3x Rewards: 1 x £10 Bet Builder, 1 x £10 Acca Bet and £10 Live Casino Chips on Live Lightning Roulette  (x10 max win). 7 day expiry. Exclusions & T&Cs apply. Stake not returned. T&Cs Apply. begambleaware.org | Please gamble responsibly
QuinnBet
4.4/5

Acca Bonus: Free Bet up to £50

No Goals No Worries: Refund if it ends 0-0

Best Odds Guaranteed & Refund if 2nd to Fav

Daily Free Bet: 5% of your total stake

Weekly Reward: Get 25% of your losses back

Bonus Code

50% Back up to £50 Free Bet + 50 Free Spins!

Deposit and bet on any sportsbook markets of your choice at odds of evens (2.00) or greater. Get 50% back of your first days losses as a Free Bet up to £50 plus 50 Free Spins. Min. 3 bets required. If your account is up, you’ll receive a £5 Free Bet regardless plus 10 Free Spins. Use coupon code "5050" at registration. T&Cs apply | 18+ New UK Customers Only | GambleAware.org | Gamble Responsibly #ad.
ThePools
4.3/5

Best Odds Guaranteed & Free Bets on all UK & Irish Racing

Featured Create-A-Bet bet builders

ThePools Football Squares: Win up to £500 every week

ThePools Picks: Play for free, win £50 Cash & amazing prizes

Classic Pools: Pick Score Draws to win up to £3 Million

Bonus Code

£10 Weekly ACCA Free Bet + 100 Free Spins

#ad 18+, UK only. Min odds and selections apply per offer. Cashed out bets and bets on non-runners do not qualify. Free bets are credited at bet settlement and will expire 7 days after being credited. Full terms apply per offer. Gamble Responsibly.

Frequently Asked Questions 

Will BetBull accept new registration?

As of Monday 20th June no new registrations will be taken while the sportsbook will stop taking bets on midnight of 24th June.

How can I withdraw funds from my Betbull account?

You will be able to log into your account until 3rd July 2022 to withdraw your  funds as normal. The BetBull Customer Support team will process any manual withdrawals after that date. Customers can contact BetBull Customer Support via email.

What happens to my bets on BetBull?

Open bets that will take place before 26 June will be settled. Any bet that has not been settled after this date will simply be voided and the stakes returned to their customers.

What happens if do not withdraw my account balance?

BetBull will make every attempt to return your funds and will attempt to refund any account balance due to you through the payment method you have stored in your account. Should the payment fail, BetBull will even contact customers via email to collect updated details from them.

Why BetBull decided to close down?

real reasons are unknown at time of writing. Anywya, Some media reports have suggested the decision to close was taken because of regulatory headwinds rather than any financial difficulties, with the company's most recent publicly filed accounts showing a six-figure operating profit.

More info about BetBull  

BetBull was founded in 2015 by iGaming entrepreneur Sadok Kohen as the first social sports betting app with a community of tipsters and sports fans who share their betting tips and build accumulators together.

betbull app features

The brand rapidly became a a sportsbook challenger brand in the UK and other regulated European markets.

In October 2018, US operator Wynn Resorts purchased a 22.5% stake in the company, following the federal repeal of PASPA.

In 2020, Wynn Resorts increased their shareholding in the company to 71%, and launched their betting services in nine diffrent state in the USA.

In the same year BetBull acquired Wager, a fellow social betting platform.

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