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Betfair Review

Betfair Review

Awful experience with homophobic betfair affiliate I've been a user of betfair since 2006 but I've had a recent experience with one of their affiliates who provides services to them. Their affiliate has attacked a number of people over twitter, has made a number of homophobic comments and has threatened people. So much can be said about this sportsbook but it’s impossible to exhaust everything in one Betfair sportsbook review. The bookmaker scores highly when it comes to sports markets and their prices are generally punter friendly since the operator must try to keep up with the competitive odds offered in the Exchange. The world-class Betfair. Betfair Review: Betting on various sports and events has always been one of the most enthralling experiences for the players. There is a certain rush, risk, and overall feeling of wisdom when you win. Victory in betting is like being proven correct because you make a great judgment based on your experience and wisdom.

The company Betfair has proven itself as a leading bookmaker, and it is accessible for many European countries, as well as the United Kingdom. As you already know, Betfair holds a license, and you can freely access their website without the need to use any alternative links or sites. In this article, we will make sure to cover most things that every player needs to know regarding the bookmaker Betfair.

Betfair Sportsbook

The open section Sportsbook on Betfair gives you the opportunity to bet on more than 26 sports including the main ones: football, volleyball, basketball, tennis, motorsports, horse racing, greyhounds, MMA, rugby, American football and sports like cycling, snooker, cricket, box and track-and-field.

Of course, in the sports section, you can bet on many other sports as well. What’s typical for Betfair’s Sportsbook is that almost all meets have a wide variety of markets which, in turn, gives you the opportunity to bet on a range of potential outcomes in a particular competition or tournament.

If you click on the “Football” section on Betfair, a new window will open before you displaying all ongoing events as well as those who are yet to play. Of course, you also have different buttons (or options) with which you can switch between desired football leagues or championships as well as browse through the “Today” section which includes events for the day.

At the right, you will find a window with accumulator which allows you to filter meets with given odds. Here you can add or rotate your selections, and once you did, you can finalise your choices adding everything to the bet slip.

In-Play Option

That’s right! At Betfair you have the opportunity to make in-play bets while you are following the development of a given event. On the right side of the screen you can see the odds for each meet and how they change in regards to the score.

The “In-Play” option includes not only football but also all other types of sports, and the odds updated in seconds. Betfair has made sure to insert a small window where the indicators constantly change – which team has the ball at the moment, whether or not a given group is attacking, side throws, corners, out performances and many other markets which included on Betfair.

When you choose a match which broadcasted live, then a new page will be loaded providing several choices for you.

Here you not only have the aforementioned “Match view” option but other options as well, such as “Match Stats” in this case and “Watch live.” To watch a live match, you must have registered at Betfair and logged into your account.

On the right you can once again find a well-structured Betfair menu which offers betting markets for a given match – Final odds, Under/Over, Correct score, double chance and Asian Handicap. Simply put – Betfair’s live game will provide you with great pleasure because it includes numerous betting options as well as great odds – all combined with a fantastic interface of the website and live to broadcast.

All of these offers and markets for sports bets put the brand right up there with Bet365 because there is no considerable difference when it comes to sports and lives to broadcast.

Table with the newest bonus codes for Betfair 2021

Betfair bonus codes 2019:
ProductBonusBonus Code
Betfair Sportsbook International€100 on registrationGrab here
Betfair Exchange£/€20Grab here
Betfair Tennis Combinationsup to €25 for combinationsGrab here
Betfair ACCA EDGEGet back your betGrab here

Betfair Bonus of £/€100

Betfair has made sure that all new players are given motivation in the form of a welcome bonus in the amount of £/€100. This bonus is free and can be taken advantage of by all player who is just getting started and making a registration at Betfair from Europe.

Before you get the additional amount to your account, please check the current Betfair bonus code with all of the terms and conditions.

New Customer offer. Place 5 x €10 or more bets to receive €20 in free bets. Repeat up to 5 times to receive maximum €100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

18+ T&C apply begambleaware.org Play Responsibly.

*New:

If you wish to receive a larger bonus the bookmaker Efbet offers one which is in the amount of up to €100 for first deposit. This is the initial bonus which is available for new player as well. Read more on how to receive a €100 at Efbet.

Betfair Exchange

As we already mentioned in the beginning, Betfair initially put their faith in the EXCHANGE (or the so-called trading bet platform), and the primary function of this exchange was to allow its players the opportunity to bid or bet “For” or “Against” amongst each other. At Betfair’s Exchange, you can find all the leading sports and the most current ones on the left side – where the menu itself lies. Once you choose a given sport, you will see a menu on the left where you will see more details on what the Exchange offers.

In the middle of this section you can find the respective menus, and for the football section, they are “Football Highlights,” which show currently ongoing matches as well as those which are yet to played. If you click on a given match, a window will open and before you will be displayed all the different betting options. The very first of the options which will load will be the so-called “Popular” markets, and alongside them, you can see: goal markets, correct score, cards and much more.

In the first group are the most preferred betting options. There you can find the following opportunities: “For” or “Against” a result, under/over goals as well as “next goal” (if the match is being broadcasted live at Betfair Exchange).

Exchange & Live Betting

We have to mention that the In-Play option is also available for Betfair Exchange with the only difference being that in the case of the Exchange you bet “For” and “Against.” Once again you have the option of following a match or tournament live and fans of statistics with just one click you can switch between the stream of the game and a window with a detailed analysis and details on the development of the game.

When you click on “In-Play”, a list will open with all matches which are being broadcasted to the moment for a given sport in the Exchange, and once you choose the desired match, a window will load like the one shown in the picture above. Here you will be able to locate the field or window for the live-stream easily can be seen on the right side. This way you can enjoy yourself while placing your bets in the Sports Exchange at Betfair.

£/€20 Free Bet at Betfair Exchange

Grab your bonus in the amount of £/€20 from Betfair’s Exchange with the criteria being that you must be a new client who has yet to open an account with the bookmaker. Betfair also offers a cash bonus of up to €1000 for every level of points that you reach during the first 30 days.

  • Register at the Exchange using this link;
  • Deposit a minimum of £/€20;
  • Place a bet for no less or equal to £/€20;
  • If you bet is valid but loosing, Betfair will refund you £/€20.

How to make a quick registration at Betfair’s Exchange?

Once again, the promo code: VAL229, is valid only for the Exchange section.

Requirements for acquiring Betfair’s Exchange bonus:
  • The deposit and placed bet must happen within 7 days of making your account.
  • A bet within that period that is less than £/€20 does not qualify for a free bet of £/€20.
  • The promotion is not valid for the unfinished, canceled or unmet bets.
  • If two bets are made at once, the promotion will be valid only for the first finished one.
  • If your bet is successful, you will not receive £/€20 in your account.
  • If all requirements are met then Betfair will send you the bonus within 48 hours.
18+ T&C apply begambleaware.org Play Responsibly.

Betfair introduces the PRICE RUSH option

What exactly is the “Price Rush” option offered by Betfair?

Nowadays it doesn’t happen so that you receive more than you expected, but Betfair makes sure to offer you better odds for your bets. That is why they have developed Price Rush. When you receive “Price Rush” Betfair increase the odds for your bet and respectively your potential profit. That happens thanks to Betfair Sportsbook where the bids suggested by thousands of clients checked automatically, and if there is a better bid out there, they give it to you. When you receive higher odds, it will show up on your bet slip.

Where can you see the bets which have received Price Rush?

As with all other bets, you can see the ones which have received Price Rush in the “Sportsbook” section in “My Account” or “My Bets”. When you receive “Price Rush” the increased bid will immediately display in “My Bets.”

When is Price Rush available?

At this time, “Price Rush” offered on certain markets for football, horse racing, tennis, golf and basketball. It is offered only for single bets. Multibets are not supporting in this case.

  • Price Rush is offered for In-Play bets on chosen sports.
  • Price Rush might be limited due to the country of registration.

Is it possible for “Price Rush” to offer worse odds?

No. You will always receive odds that you have chosen or higher ones if they are automatically finding through the bookmaker’s system.

Can you use the Cash-out option if your bets have received Price Rush?

If your bet qualifies for the Cash-out option (look for the orange icon for Cash-out on your bet slip), you can take advantage of the opportunity even if your bet has received “Price Rush.” Betfair takes into account the higher odds which you have received from Price Rush when they calculate your Cash-Out offer.

Other current offers from Betfair

Betfair periodically lets out several great promotions which make the regular player, and many others who have yet to register with the bookmaker, take advantage of their tactical skills and luck.

Take your bet back with ACCA EDGE

ACCA EDGE gives you the opportunity to take back your bet in cash if one of your selections comes up unsuccessful. This offer is available for 3 or more played matches. We have to mention that Betfair has included all markets and types of sports. With ACCA EDGE you can even bet Live. The best news is that there are no minimum odds for every selection.

  • Add matches to your bet-slip as you typically would;
  • Those bets which qualify will have the ACCA EDGE badge on the left;
  • Apply ACCA EDGE to your matches (this will update your bet-slip!);
  • Once you have activated ACCA EDGE you have to place your bet;
  • If one of your selections is unsuccessful then you will get your bet back in the form of cash!

Bet Slip for chosen and bet on matches

At Betfair, you will instantly receive information about the selections you have made. It happens when you select a given match; on the right side of the screen will appear your electronic Bet Slip in which the current odds, their added sum and how much you could potentially win if you bet a certain amount will calculate.

Here you can bet on single or multiple selections, and if you bet on 3 or more matches, you can use the ACCA EDGE insurance policy. In this Bet Slip with your bets, you can also see the Cash-out option (if applicable) with which you can close your bet.

To use the bet slip after making a selection of having an already made a bet click on the button on the right “BET SLIP”.

CASH-OUT extra

Review

Betfair introduces Cash-Out: the newest option for control over your bets.

How does the Cash-Out option work?

The Cash-out option is available for the SPORT and Exchange sections at Betfair. This option means “Withdrawing a profit or prevention of loss,” at any time.

You can take your accumulated profit or prevent a potential loss while the event is developing ‘Live’ only with the click of a button. This feature is available not only for single bets on matches but also for combinations when you are betting ‘Live’, and it is available for numerous sports including football and tennis.

You can use the “Cash-out” option for all bets with the yellow symbol of Cash-out on your bet slip.

You control the amount which you can win and determine when the best time is to take your profit (and avoid a potential loss).

If the score of an event is going as you predicted up to a particular moment click the yellow Cash-out button located on your bet-slip and take the accumulated amount insuring yourself against a potential loss at a later point of the event. You have the opportunity to browse through thousands of markets Live and try out the Cash-out option. The same Cash-out option is also available at Sportingbet as we described the function in our review.

Cash-out for your combinations

By using the Cash-out option for combinations, you can ensure your profit at any given moment. It is entirely up to you whether to withdraw your accumulated amount to that moment or continue with your selections.

FOR EXAMPLE:

You have placed a double bet on England (2.5) and Italy (1.5). England has already won their game and now its Italy’s turn to play theirs. The Cash-Out option allows you to withdraw the currently accumulated amount without the need to wait and see how the second game plays out, insuring you a certain profit. Your profit will be transferred to your account instantly.

What should you know when using the Betfair`s Cash-Out option?

The cash-out option is available only for certain bets. If you want to make sure if it is available for your given bet, please check out the following condition:

  • All markets are marked with a Cash-out icon.
  • You haven’t used your free bets for this option.
  • Your combination includes a total of 12 or less matches.
  • The specific bet does not have any added additional selections.
  • The Cash-out option is available only for a single exit of a sports event.

What methods for depositing and withdrawing funds are supported

Betfair offers quite a few flexible payment methods. You can deposit funds into your account and withdraw them when needed quickly and straightforwardly. The company provides some of the most popular payment methods such as credit or debit cards like Visa or Master Card. They’ve also paid attention to those clients who use electronic wallets such as Neteller and the well-know Skrill (Moneybookers). Of course, there is an extra method of paying with pre-paid vouchers from PaySafe. Bank transfers also included in the system, and you need the name on the account with you operate to match the name you used for the website’s account. It is possible for Betfair to require additional information when you make a deposit or withdraw using a bank transfer.

All methods available for use whether it be for making a deposit or withdrawal are free of any tax!

On the next table, you will see that deposits and withdrawals are reflected immediately; only bank transfers could take up to 5 work days to reflect on your account.

The table with the entire information of payment methods, taxes and the time it will take for transactions:

  • Deposit Methods
  • Withdrawal Methods
Payment MethodDeposit MinimumDeposit MaximumTime for Deposit
Visa€5Not specifiedInstant
Bank Wire Transfer€15Not specified2-5 Working Days
Neteller€15Not specifiedInstant
Skrill€10Not specifiedInstant
Paysafe Card€10Not specifiedInstant
MasterCard€5Not specifiedInstant
Payment MethodWithdrawal MinimumWithdrawal MaximumTime for Withdrawal
VisaNo minimum50002-5 Working Days
Bank Wire Transfer€15N/A2-5 Working Days
Neteller€5N/Aup to 24 Hours
Skrill€5N/Aup to 24 Hours
Paysafe Card
MasterCardNo minimum50002-5 Working Days
Visa, MasterCard, Neteller, Skrill, Paysafe Card, Bank Wire Transfer
Visa, MasterCard, Neteller, Skrill, Paysafe Card, Bank Wire Transfer

The minimum amounts for deposits and withdrawals are as with most standard bookmakers. If you are a player, who wishes to withdraw smaller amounts or make deposits in the values of £1 or £2 you can check out 1xBet where the minimum withdrawal amount is £2, and most methods allow you to deposit €1.

Betfair

Mobile version and application for iOS, Android and others

Betfair is one of the bookmakers which first put out a mobile application for devices operating with the iOS platform (such as iPhone, Ipad) as well as smartphones and tablets working with Android, Windows and other platforms. On the one hand, you may prefer to use the mobile version of the website by putting in the address Betfair.com into your browser and getting redirected to the mobile version. This version is compatible and has an entirely responsive design which adapts to your mobile device and its resolution. For those of you who prefer quick access Betfair has developed mobile applications which can be downloaded directly from Betfair’s website.

With both the mobile version of the website and the applications, the site and offered services are accessible, and you provided easy-to-use navigation, intuitive design and almost unlimited betting options. Everything standard for this bookmaker on the desktop version is also available for mobile devices.

*You can read our detailed overview of the Betfair mobile app and find the latest updates for its usage.

Video review of Betfair

For those of you who are a bit lazier and would prefer not to read, we have created a specialised video review of Betfair. In the video you can find instructions on creating a registration, using a bonus code at Betfair, as well as payment methods. In the video we have focused on two specific sections: “Sportsbook” and “Exchange,” along with all betting options for each one. We also reviewed odds and usage of the Cash-Out option and ACCA EDGE.

The video will help you familiarise yourself with the site and its markets much quicker. We have not only included advantages and disadvantages of the bookmaker Betfair but also an overall expert rating from Betenemy.com.

A direct link to the video (link)

Similar addresses and mistaken searches

Often people mistake the spelling of the brand with addresses which are similar and look like the original site. Such searches or wrong written searched are the following:

  • Bet fair – When searching you will find the original website because Google recognizes the wrong spelling (even if it is two separate words).
  • Betfair co uk – Whether you are searching with the phrase or the domain .co.uk, you will not be able to find a realistic result but rather a forward to the .com domain which is authentic for the brand.

Affiliate program for Betfair

The affiliate program for Betfair gives you the opportunity to advertise the brand using materials offered by them, such as banners, advertising texts and other promo materials. When you are applying for approval, it would be a good thing for you to own a sports-themed website or one for sports forecasts. You have to fill out your data, describe the methods you plan on using to advertise Betfair and then wait for possible approval of your application for a partner.

Betfair’s partner program gives a large commission per cent – 30% upon the first level of registration and development. The more clients you attract, the bigger the chance that they will lose their bets and the bigger your commission will become. You can register with the affiliate program for Betfair from this link: affiliates.betfair.com.

About Betfair

Betfair is a bookmaker which initially offered only Exchange. Or more simply put – people can set their desired odds, bidding against other people at Betfair. This way, at one point you can be both a bookmaker and a player – you bet “FOR” or “AGAINST.” However, for some time now, Betfair also offers its clients the more typical Sportsbook, or “Sports” section in which you play as with other bookmakers.

What is typical for the Exchange and the Sportsbook sections is that you can take advantage of the Betfair bonus promotions and offers with both. We will focus precisely on these main sections of Betfair so we can provide our opinion and review.

Customer care and support

The company makes quite the effort to make their clients bet without any issues by offer customer support 24 hours a day, seven days a week. The customer care support team which takes care of the clients is made up of professionals and account experts who will help you with any inquiry right away. At the Help Center, you can find an open menu with Questions and Answers where almost everything covered that you should know when getting started with the bookmaker.

An advantage of Betfair is that they have customer care and support in several languages. This way all players from Europe can write emails to them using their native language or call them on the phone.

We here at Betenemy have tested out their support team and can say with certainty that we are more than happy – they are extremely fast at getting to your inquiries, and their answers and help are more than competent.

Here all the ways you can contact Betfair’s customer care and support:

Contact details:
  • Email: support@betfair.com
  • Phone:

  • 0344 871 0000 (UK)1800 944 000 (IRE)0044 203 059 8888 (other)
  • Help Center: Official Page
It is manned 24/7 by english speaking Betfair brokers.For Telephone betting with a min. unit stake of £50 or €50:
  • UK:0844 871 5000
  • Ireland:1800 719 915
  • Australia: 132BET (132238)

Where is the head office located?

The main office of Betfair is located in London. The exact address is: Waterfront, Hammersmith Embankment, Chancellors Road (access on Winslow Road), London, W6 9HP, United Kingdom. We provide you a view from Google Maps.

Conclusion

Betfair is famous for its Sports Exchange as well as their great bonus offers for the Sportsbook section. Their betting markets are varied and cover all sports and the tournaments for each sport. The odds are, and with options like Price Rush and Cash-out, you can have complete control over your bets. Their customer care and support team are available for clients 24/7, and the starting bonuses are yet another reason to register at Betfair. For fans of the casino, there is a casino section which offers the most modern slot games and others. Betfair’s poker room also has a good reputation; you can find both amateurs and professionals on the tables.

Editors Note:

Our review compares Betfair to all the other betting exchanges out there and covers all unique offerings Betfair have for punters. Betfair are the world’s biggest and best exchange so if it’s backing or laying you’re after then it’s the place for you.

Given Betfair offer the highest liquidty and most markets on their exchange they’re my go to site for sports trading and I’ve had an account for over 10 years.

I’ve also used their bookmaker service during that period and am pleased to report I’ve never had issues getting money on or off the site.

All new punters at Betfair can claim one of the biggest sign up offers available when they join but it’s for bets placed on the sportsbook and not exchange. It’s still a sweet deal though and one of the biggest bonuses around.

The best online betting exchange – hands down.
Yes
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

Review Ratings







Licensing & Safety

10 10
  • Very safe & secure site
  • Gibraltar Commissioner license
  • UKGC license
  • Founded May 1999

Betfair is the world’s biggest online betting exchange and are based in Gibraltar, therefore all of the actions of the site are regulated and licensed by the Gibraltar Gambling Commissioner under the Gambling Act 2005.

They’ve also managed to get a UKGC license so they can serve the United Kingdom freely. Basically this means that the site is regulated by two highly respectable organizations and that it can be trusted. The terms of the licenses mean that Betfair must:

  • Ensure that minors are unable to use the site for gambling purposes, until they are old enough to understand the risks that they take.
  • Make sure that all of their actions are completely fair to all, and transparent to everyone.
  • Provide assistance to anyone with a gambling related problem after using their site.

Given that the majoirty of bets placed on Betfair are punter vs punter transactions and not punter vs bookmaker you can live safe in the knowledge that payouts are guaranteed as Betfair hold the funds while the bet takes place.

As a publicly traded company, with profits into the millions, you don’t need to worry about payouts from the bookmaker side of things either.

Deposits & Withdrawals

6 10
  • Plenty of options
  • Some fees apply
  • Debit & credit cards accepted
  • Major eWallets accepted
Fee
Deposit
Limit

Visa

£0

Instant

£5 – £20,000

Mastercard

£0

Instant

£5 – £20,000

Maestro

£0

Instant

£5 – £20,000

PayPal

&2%

Instant

£5 – £6,000

Neteller

£0

Instant

£10 – £32,500

Skrill

£0

Instant

£10 – £32,500

Much Better

£0

Instant

£10 – £20,000

Paysafecard

£0

Instant

£5 – £400

Bank Transfer

£0

Up to 5 days

£10 – £100,000

Cheque

£0

Up to 10 days

£10 – £50,000

Markets & Odds

10 10

Betfair Review

  • 25+ sports
  • Great liquidity
  • Better odds vs bookies
  • Live streaming & In-play

Betfair is one of the better known names in the United Kingdom online gambling world, thanks to a number of high profile television adverts. They are the largest most active betting exchange in the world and have good liquidity throughout their different markers. These are:

  • American football
  • Australian rules
  • Bandy
  • Baseball
  • Basketball
  • Bowls
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Floorball
  • Football
  • Golf
  • Greyhound racing
  • Handball
  • Horse racing
  • Ice hockey
  • MMA
  • Motor sport
  • Olympic sports
  • Pelota
  • Rugby league
  • Rugby union
  • Snooker
  • Tennis
  • Volleyball
  • Winter sports

They also offer markets on more obscure things, such as politics and television series.

As well as offering a huge number of markets, the depth that these markets go to is also impressive. You will be able to find odds for the most popular of matches all the way through to the most obscure, as the coverage that they provide aims to be all encompassing.

Just looking at the football listings shows this – at the time of writing, they have matches between international teams listed next to clashes from the Chilean league! Not only do they have basic odds either – all matches have comprehensive coverage, with a multitude of different bets which of course have both back and lay options.

Naturally the more obscure the event you are placing a bet on the lower the liquidity will be. This is a problem which doesn’t affect many markets at Betfair and when you compare them to their closest rivals Betdaq it’s clear to see that Betfair are by far and away the market leaders.

In-Play Betting

9 10
  • Bet & trade in-play
  • Quality live streaming
  • Best live odds
  • Fast on-site updates

The bet in-play section of Betfair is one of the most impressive aspects of the site, as it offers everything that you will need to both bet and trade sports live, all presented in a completely intuitive way. You can simply go onto the main page and select the match in question, where you will find all of the odds, which change as the match progresses.

Betfair automatically refreshes odds every few seconds so you can track the market as people back and lay different outcomes. Markets are suspended for only a few moments when game changing incidents occur. Trading in play on Betfair is the bread and butter of many online professional gamblers – it’s just the best money making platform you’ll find in the sports gambling industry and you be pleased to know all features on the desktop site are also available via the Betfair app.

Live Streaming at Betfair…

Betfair is one of the only bookies to offer a comprehensive live streaming service to all members, and it can be found by selecting the “Live Video” tab on the “Sports” page.

The range of different events that it shows is absolutely stunning, with international cricket, a huge amount of horse races and football matches from around the globe all regularly found here. All of the upcoming events are listed on the right of the window so that you never miss the one that you are waiting for.

To watch live streams at Betfair one of the follow must apply:

  • You have a funded betting account or have bet in the last 24 hours (excluding horse racing).
  • You have at least a 50p bookmaker bet on the horse race.
  • You have a min of £5 on the horse race on the exchange.

Welcome Bonus

7 10
  • £100 free bet bundle
  • 5x £10 releases £20 free bet
  • Repeatable up to £100
  • Min odds 1.50 to release
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

You’ll find that Betfair are currently offering all their new customers a free bet bundle worth up to £100 when they open a new account (released in £20 chunks). This offer is only valid for bets placed via their sportsbook section and not the betting exchange.

This is where we have to start marking Betfair down. They are trying to push their customers towards the sportsbook when it’s likely they signed up to use the betting exchange. It’s certainly not shady but it’s confusing and obviously they make more money from the sportsbook so it’s a little sneaky.

Betfair Casino Scam

To claim the bonus follow these steps:

Betfair scalper review
  1. VISIT Betfair.com by clicking this link (it will open in a new browser tab).
  2. Click either a green ‘Claim Now’ button or one of the ‘Join Now’ links on the homepage.
  3. Fill out all the requested details and make a username and password for your account.
  4. The bonus code field should automatically be filled out, if not use code: ZBBC01
  5. Log into your newly created account and deposit £10 or more using your preferred method.
  6. Place 5x £10 bets on different markets at any odds of 1.50 or more and that will trigger a £20 free sportsbook bet.
  7. Repeat the process until £100 in free bets has been released.
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

Overall Review

Best online betting exchange
BETFAIR
3.5 5

We rate all the betting sites we review with a grade based on the quality of the site and the way they treat their customers.

Betfair have been given 3.5 stars out of 5 which is the fourth highest possible. There are a couple of issues we’d like to make you aware of which are the reasons why we’ve not graded them any higher.

The first issue we have with Betfair is the fact that they are far to keen to put the cost of processing financial transactions onto their customers. A large percentage of the deposit options available at Betfair will cost punters when they use them and we feel that Betfair should really be paying the 1.5-2% processing fee’s that they charge themselves.

Deposit fee’s aside there’s one another issue with have with Betfair that’s even more concerning. In July 2011 they decided to up the commission for everyone who’s won over £250,000 on Betfair to 40% and higher. Basically this means that if you are a successful high stakes punter (using the exchange) then Betfair don’t want to know you – even though they match bets between people and don’t act as a bookmaker.

They aren’t losing anything when people win, in fact they take commission on winning bets only so this stance seems crazy. We don’t like, it sets a bad precedent and who knows how long before they decide to hike their commissions again.

Not cool… but they’re still the best betting exchange out there and if you want the option to both back and lay bets then Betfair is the only really legitimate choice.

New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

User Reviews

  • August 24, 2018

    I’m a keen amateur sports trader and as such like to bet on the Betfair Exchange rather than through an online sportsbook. I’m having some decent success and although I’m not making enough to be affected by it the new charges they’ve introduced don’t set a good precident.

    They’ve introduced so-called ‘premium charges’, which are impacting people who are winning betting on the exchange. Betfair’s TV adverts pushing their exchange would make you think they’re keen to get punters to use it, but their charges seem to suggest otherwise. What makes the charges even more annoying is that they spoil what is an otherwise great site. Betfair is by far the best exchange around and has far more money in its markets than Betdaq, which is essentially the only other exchange option.

  • September 4, 2019

    If you take 10 minutes to compare Betfair vs any other regular bookie you’ll find the odds on their exchange are way better.

    Only problem is you can’t really place acca’s or yankee’s or any kind of multiples on the exchange. You have to use their regular sports book site which is about the same as all the others.

    Would like to see the better odds transfered to the bookmaker side of things in the future.

    Still get a good rating from me though as won’t be beaten on singles when it comes to prices.

Betfair FAQ

Betfair Review Australia

Betfair are licensed by the UK Gambling Commission and have become a household name in online sports betting. Whilst they can not guarantee 100% uptime we’d class them as one of the most reliable betting sites around who always pay out on winning bets.

In our experience Betfair always have a free bet offer running for new customers. The amount of that offer varies depending on the time of year – you can see the latest deal listed on our Betfair free bet page.

Betfair are one of the faster paying online bookmakers but it does depend on what banking method you use as to how quickly you’ll get paid out by them. They quickest options are currently PayPal (within 24 hours) or debit cards (within 48 hours).

Review Betfair Casino

Betfair offer both a regular sports betting site as well as a betting exchange. Originally the site was launch as an exchange only service, but the sportsbook was added in 2012 in order to compete with the bigger online gambling sites.

Betfair Scalper Review

On their betting exchange the answer is usually yes. This is the case because you’re betting against another person and not Betfair themselves and therefore they don’t build vig or a house edge into the market. On the regular bookmakers side we find Betvictor and Bet365 both have more competitive odds.