Betfair Review
- 8.0/10
- top 5 reasons to bet at Betfair
- €100 bonus
- More lucrative odds than competitors
- Allows for financial trading and betting on its LMAX platform
- Betfair offers detailed news from the world of sport
- Integrated access to racing post ratings
Description (Our Opinion)
Please note that gambling is for 18+ players only. In addition, we support responsible gambling.
Founded in 1999, Betfair is somewhat newer to the betting community than some of its peers, however has proven itself to be a market leader within the online gaming sector.
Betfair is commonly recognised as a pioneer within the betting exchange community, in that it introduced the betting exchange concept- allowing customers to bet at odds set by themselves or by other customers.
Please note the following terms and conditions for their new customer offer sports bet:
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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.
- Hits
- A highly up to date news section catering for betting markets
- A unique market that deals either in bookmaker odds, or exchanges determined by the betters themselves- therefore eliminating the need to abide by bookie odds
- Higher odds than numerous other online bookmakers
- Misses
- Markets can be somewhat late to develop leading up to an event
- Customer service is limited to certain times
- At Betfair you can be reliant on other punters, and are therefore reliant on their betting techniques
- The type of bets available are more limited than on many sites
features
- Mobile Betting
- Live Betting
- Live Streaming
- Betting calendar
- Blog
- Calculators
- Forms
- Live Scores
- Racing Guides
- Sports News
Betfair Promotion Code
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New Customer offer.
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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.
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T&Cs apply
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Casino
Odds
All prices quoted on Betfair are 'Decimal' Odds differing from the traditional format
the Odds traditionally quoted in the UK in that they include your stake as part of your total return. If you place a bet of £10 at Decimal Odds of 4.0 and win, then your total return (including stake) is £40. In the UK this would be quoted as 3/1, returning to you winnings of £30 plus your original stake of £1
Betfair’s Exchange has fundamentally changed the sports betting market by offering customers improved pricing and an increase in choice and flexibility.
In the calendar year 2009, Betfair offered, on average 24 per cent higher odds than other online gaming companies on UK horse racing, and 9 per cent higher odds on matches for the top 5 European football leagues.
Betfair works off a ‘better odds’ platform. This works in that if a customer has entered a bet but, before it is confirmed, better odds become available- the customer will always obtain the best odds available at the time of matching.
Sports Offered
- American Football
- Basketball
- Boxing
- Cricket
- Darts
- Financials
- Floorball
- Football
- Golf
- Greyhounds
- Handball
- Hockey
- Horse racing
- Motor Sports
- Poker
- Politics
- Rugby League
- Rugby Union
- Snooker
- Tennis
- TV/Novelty
- UFC
- Volleyball
- Winter Sports
Currencies
- AUD
- CAD
- DKK
- EUR
- GBP
- HKD
- NOK
- SEK
- SGD
- USD
Language
- Bulgarian
- Chinese
- Czechoslovakian
- Danish
- Finnish
- German
- Greek
- Italian
- Japanese
- Norwegian
- Polish
- Portuguese
- Russian
- Spanish
- Swedish
- Turkish
Deposit and Withdrawl
Betfair offers a simple, and secure, online money transfer system direct to your playing account. Simply enter the amount you wish to deposit, confirm your password and submit the form.
Making a withdrawal from your Betfair account is as easy as entering an amount to withdraw, and confirming the transaction.
Note: for any deposit or withdrawal to occur, one has to be a registered Betfair player. To process a withdrawal from a Betfair account, a user needs to select 2 easy options, namely:
"My Account" --> "Withdraw Funds from Betfair". Your ''Available to Withdraw'' updated balance will be displayed on the screen.
Simply select which payment method you wish to withdraw, insert amount and confirm password. Withdrawal times entirely depend on which payment method used, however generally take 2-5 days to clear.
- ClickandBuy
- Laser Debit
- PayPal
- Personal cheque
- Solo Debit
- Western Union
- Wire Transfer
Company Facts
Betfair also owns LMAX- a platform that has developed an exchange market for online retail financial trading-which has evolved from Betfair’s exchange technology. LMAX was originally established by Betfair in 2007, and has invested significant resources since then in developing its proprietary exchange, with a launch expected to take place in the final calendar quarter of 2010.
Betfair also owns Betfair US, which comprises TVG (a licensed US horse racing wagering and television broadcasting business) and a development office in San Francisco.
In addition, Betfair has a 50 per cent. shareholding in Betfair Australia, a joint venture which operates a licensed betting exchange business in Australia.
Betfair has twice been named the UK’s “Company of the Year” by the Confederation of British Industry and has won two Queen’s Awards for Enterprise, being recognised for Innovation in 2003 and most recently for International Trade in 2008.
Betfair employs more than 2,000 people, with more than 100 also employed by Betfair Australia. The Betfair Group owns licensed operations in the UK, Malta, Italy and the United States and (through Betfair Australia) in Australia.
- Founding year: 1999
- Licensed In: UK, Malta
- Head Office: Waterfront, Hammersmith Embankment, Chancellors Road, London, England W6 9HP UK
- Phone Number: +44 (0) 208 834 8000
- Email: info@betfair.com
Customer Service
BetFair's customer service is superb with the helpdesk and telephone betting manned 24/7 by English speaking Betfair brokers and Helpdesk staff, and 3pm to 5am (Beijing time), 7 days-a-week by Mandarin/ Cantonese speaking staff.
The brand offers email and telephone options for online support, as well as postal methods for those less technically inclined.
Betfair is well known for having swift, knowledgeable and helpful customer service.
You can contact Betfair by the following means:
- Email (contact form)
- Telephone
Extras
- Casino
- Betfair has recently launched a casino site and is offering a very generous deposit bonus. They also offer several games with ZERO HOUSE MARGIN. It features over 40+ casino games including a dozen card games (featuring Pai Gow, Blackjack, Red Dog and Three card poker), 17 different multi-line slots, 3 single line slots, table games like craps and roulette as well as video poker. There is a lot of casino action going on at Betfair!
- Poker
- Betfair Poker has quickly become a major destination for European-based poker enthusiasts. They offer a very generous sign up bonus as well as a very juicy refer-a-friend bonus. Betfair Poker sponsors the World Series of Poker Europe as well as the European Poker Tour. Betfair Poker offers plenty of tournament action, whether it be sit & go, multi-table tournaments or some of their freerolls.
- Exchange Games
- Betfair offers a unique twist on traditional casino games with its Exchange betting system. Get in on the action yourself in addition to backing or laying against the player or the house in traditional Betfair fashion on games such as: Baccarat, Blackjack, Hi/lo, Hold'em, Omaha