Overview from Our Team
This is a solid bookmaker with a feature of exchange betting. The sportsbook offers a wide range of markets and competitive odds. The sportsbook offers almost 3000 different options for top football matches, with a comprehensive selection of other sports. It also offers online casino, live casino, poker, bingo, and virtual sports for those looking for additional gaming options.
New customers can grab €20 in Free bets as a welcome offer, while regular punters can benefit from various promotions, including odds boosts and bonus offers on top matches. The betting site also has a referral program, which rewards Irish customers for inviting their friends to join.
In terms of features, the company provides a range of options to help punters make better decisions, including live streaming, In-Play stats, and previews of upcoming matches. The bookmaker also provides full and partial Cash Out features, as well as a Bet Builder tool, allowing customers to create combos from outcomes within a single event.
Basic Facts
Website | https://www.betfair.com/sport/ | Game types | Sports wagering, Exchange, Casino, Live Casino, Poker, Bingo, Virtual Sports |
Deposit methods | Debit Cards, PayPal, Apple Pay, Skrill, Cash, Neteller, Paysafecard, Bank Transfer, Rapid Transfer, MuchBetter | Withdrawal methods | Debit Cards, PayPal, Apple Pay, Skrill, Neteller, Bank Transfer, Rapid Transfer, MuchBetter |
Apps | iOS & Android | Betting functions | Live Betting, Live Streaming, Cash Out, Bet Builder, Odds Boost |
Odds provider | OpenBet | Support | Live Chat, Phone, Email, Twitter, FAQ Section |
Owner | Flutter Entertainment plc | Founded (year) | 2000 |
Headquarters | London | License | Yes |
Pros & Cons
- Exchange and sportsbook. The platform offers clients the option to stake in both the exchange section and fixed odds betting modes.
- Selection of markets. For major football events, the site has a wide selection of markets and provides bettors with over 2900 options.
- Payments. It provides multiple options for payments including bank cards, e-wallets, prepaid cards, Apple Pay, bank transfers, and cash at ground offices Paddy Power.
- Not many live streams. The platform doesn’t offer many live streams, although they do provide a schedule of upcoming streams and information about TV channels broadcasting matches.
- Contacts are poorly presented. It’s difficult to find contact information for the support team and live chat. Additionally, customers have to go through a chatbot before contacting a specialist in the online chat.
Betfair Review
As a fixed odds bookmaker the brand has been in operation since May 2012, but as an exchange it’s been around since 2000. It offers a wide range of sports markets, with over 30 sports available on its Sportsbook tab, as well as events in politics and entertainment, providing a diverse range of options for bettors.
The Odds Boost window provides enhanced odds for specific markets on popular matches, making it a standout feature. Bet Builder is available for football, basketball, and other sports, allowing Irish customers to create multi-bets with multiple events in a single match. Detailed statistics, live streaming, and promos for both new customers and existing customers are among its other noteworthy features. The betting site accepts various payment methods, including debit cards, bank transfers, e-wallets, prepaid cards such as paysafecard, and cash payments via Paddy Power Shop.
According to the experts at Match.Center, Betfair has an average rating of 7.4/10, which is a respectable score.
Betfair | Rating | Comment |
---|---|---|
A range of markets | 7/10 | Over 30 sports and more than 2900 markets for top matches |
New customer offers | 5/10 | €20 new customer offer and bonuses for existing players |
Existing customer offers | 7/10 | Enhanced odds on specific markets, referral program, best odds guaranteed on horse racing |
Payment methods | 6/10 | Visa/MasterCard, PayPal, Apple Pay, Cash, Skrill, Neteller, paysafecard, Bank Transfer, MuchBetter |
Apps | 10/10 | iOS and Android |
Streaming | 6/10 | Streaming for selected events |
Sign-up and support | 7/10 | 24/7 support, chatbot in the live chat before the operator. Registration in one stage, many fields in the form |
Legal info | 10/10 | The licence number is prominently displayed in the website’s footer |
Ease of navigation | 9/10 | Betting sections poorly positioned on site |
Screenshots
Betfair Free Bets, Bonus Codes & Promotions
Sign up with the promo code ZBHC01 and make a minimum deposit of €5 using debit cards to get a €20 Free bet. To qualify, place a €5 bet at a minimum odds of 1.50. You have 30 days after registration to qualify.
How to Claim the Bonus:
- Use the promo code ZBHC01.
- Verify your mobile phone number via SMS.
- Make a qualifying deposit €5 or more using a debit card (but not via Apple Pay).
- Place a qualifying wager of €10 or more with minimum odds of 1.50 on the sportsbook market within 30 days of registration.
Terms and Conditions:
- SMS verification is required.
- Only deposits via debit cards will count towards the sign up offer.
- The bonus reward are valid for 30 days after receipt.
- Only settled bets will count towards the offer.
- Creating multiple accounts to get multiple credits is not allowed.
- Cash Out and Partially Cash Out options are not available for stakes with the bonus.
Existing Customer Promotions
Share your referral code with people who don’t have an account. For each new person who signs up at Betfair using your promo code, makes a deposit of at least €10, and places qualifying bets on Sportsbook, Exchange, or Casino slots within 60 days of registering, you will receive €10 in cash, up to a maximum of 5 referrals. The referred bets must be settled before the reward is credited, and staking on Table Games such as, for example, Blackjack and Roulette will not count towards this promotion.
Betfair Casino & Bingo Offers
Register as a new customer with the promo code CASF51 and complete phone number verification. Launch Dynamite Riches or selected Daily Jackpot games, accept the offer and play 50 free spins worth 10c each. Deposit and bet at least €10 on Daily Jackpot games to receive 50 more free spins, which will also have a value of 10c each spin and will expire after 7 days.
Every day, selected customers can play Betfair Casino’s Prize Pinball for free. This game offers a daily chance to win prizes, including a jackpot of at least €1,000. Players can participate once per day between 00:00 and 23:59 by logging in, selecting the Prize Pinball game, and clicking ‘Take ya shot’. Prizes range from free spins, Slingo bonuses, to cash rewards, and are awarded instantly with varying terms and expiry. The jackpot resets daily and rolls over if not won.
Odds
The margin is the profit that a bookmaker makes from a bettor’s wager. Betfair’s margin varies depending on the sports and markets. Based on our examples, the average margin was 6.14%. This is an above-average value (5% to 7% margin).
Margin evaluation:
- Football, EPL, Tier 1 level. Man City – West Ham (03.05.2023); 1×2 odds: 1.20 – 7.50 – 14.00, margin 3.81%; over/under 2.5 goals odds: 1.40 – 2.80, margin 7.14%
- Football, League 2, Tier 4 level. Crewe v Bradford (03.05.2023); 1×2 odds: 4.75 – 3.60 – 1.75, margin 5.97%; over/under 2.5 goals odds: 1.90 – 1.87, margin 6.12%
- Tennis, ATP Madrid, Tier 2 level. Carlos Alcaraz v Karen Khachanov (03.05.2023); 1×2 odds: 1.06 – 8.50, margin 5.88%; Games over/under (19.5): 1.73 – 2.00, margin 7.89%
To illustrate how the margin is calculated, let’s use the example of the Man City – West Ham match. The fractional odds for a Man City win, a draw, and a West Ham win are 1.20, 7.50, and 14.00, respectively. Plug them into the formula:
1 – 1 / (1/1.20 + 1/7.50 + 1/14.00) = 0.0381 or 3.81%
Sport | League | Date | Match | 1/X/2 margin | O/U margin |
---|---|---|---|---|---|
Football | EPL, Tier 1 | 3.05.2023 | Man City – West Ham | 3.81% | 7.14% |
Football | League 2, Tier 4 | 3.05.2023 | Crewe v Bradford | 5.97% | 6.12% |
Tennis | ATP Madrid, Tier 2 | 3.05.2023 | Carlos Alcaraz v Karen Khachanov | 5.88% | 7.89% |
What to Know About Betfair
The company has been operating as a bookmaker for more than two decades and is amongst the largest bookmakers in the world. The Sportsbook has licences in the United Kingdom, Gibraltar, Malta, Spain, Italy, Australia, Bulgaria, and Denmark, among others.
History
The company was founded in 2000 as a British gambling company that operates one of the largest online exchanges in the world. In addition to sports betting, they offer casino games, poker, bingo, and virtuals. In 2016, Betfair merged with Paddy Power Ireland to create Flutter Entertainment PLC, which now owns multiple brands in the betting industry, including FanDuel, PokerStars, and Sky Betting & Gaming.
Betting Key Features
Betfair is a well-known betting exchange that has expanded to offer a high-quality bookmaker platform with a variety of special features. Some of the key features of the Sportsbook include:
- Comprehensive statistics. For many major matches, the bookmaker creates head-to-head statistics and detailed previews for each opponent.
- Live broadcasts. For some games, the bookmaker provides live streaming. Matches with live streaming are designated with a “Play” icon. The events schedule also shows which upcoming matches will be available for video streaming. Furthermore, it shows information on games that will be broadcasted on television channels.
- Bonus offers. The bookmaker provides promotions for both new and existing customers. Newcomers can benefit from the “Bet €5 On The Sportsbook & Get €20 In Free Bets” promotion, while existing clients can receive odds boosts and promos for accumulators, Bet Builders, and a referral program.
Sports and Markets
Betfair offers punters the opportunity to place bets on matches in over 30 different sports. The range of sports available to bet on includes the following categories:
- Ireland’s favourites: Football, Horse racing, Greyhound racing, Tennis, Cricket, Darts, Rugby league, Rugby union, Snooker.
- USA leagues: American football, Baseball, Basketball.
- Esports: CS:GO, Dota 2, King of Glory, LoL, Overwatch, Arena of Glory, Valorant.
- Martial arts: Boxing, MMA.
- Other team sports: Ice hockey, Australian Rules, Handball, Gaelic Games, Volleyball, Water Polo, Netball.
- Other individual sports: Golf, Cycling, Motor Sport, Surfing, Table tennis.
- Non-sporting bets: Politics, Nobel Prizes, TV-Shows.
Football
The football section covers tournaments from more than 80 countries, including lower leagues from Chile, Estonia, Saudi Arabia, and others. England, Germany, and Spain are the most extensively covered competitions, while top matches are categorised under the “UK Football” and “Euro Elite” tabs for easy navigation. In addition to the standard outcomes, handicaps, and totals, there are numerous betting options available for top matches, such as, for example, cards and corners, shots, goalscorers, player assists, and many more.
Horse racing & Greyhound racing
Betfair provides an extensive selection of horse and greyhound racing tournaments from the UK, Ireland, France, South Africa, and Australia. Bettors can view information on upcoming races, participants, video streams, and available options such as Odds Boost and Promo. Along with standard race winner bets, punters can also place bets on specific events within the race, such as second-placed horse, third and fourth place, winner and horse in Top 3, etc.
Tennis
The sportsbook’s tennis section offers competitions of various levels, ranging from elite Grand Slam tournaments, ATP and WTA competitions, to ITF, UTR, and Challenger. On the pages of top matches, punters can choose from over 150 outcomes, including set betting, correct score, handicaps, totals, and special bets, for example, Both Players to win a Set (Yes/No). Additionally, tennis betting fans can follow events via live streaming.
Betfair In-Play Betting
The sportsbook has hundreds of daily events for in-Play wagering. To help punters, they provide the following options:
- Events and markets. The In-Play section offers lots of events daily across various sports. The bookmaker covers matches in football, tennis, cricket, darts, Esports, and other popular disciplines. In live football betting, for instance, the site has more than 180 options, including Handicap, HT/FT, Over/Under, First Goal, and many others.
- Infographics and Live Stats. Most In-Play matches come with graphics that display events happening on the field in the “Match View” window. On the game page, customers can monitor the statistics of the whole or specific game segments in real-time.
- Cash Out function. This feature helps reduce losses or even get more winnings for bettors. The amount offered by Cash Out depends on several factors, including the time until the end of the event and the game’s progress.
Betfair Live Streaming
The platform provides live video streams for many live events, including popular sports like football, tennis, basketball, volleyball, snooker, rugby, Esports, table tennis, horse racing, greyhound racing, and more. To watch live video streams on the site or app, clients must register and fund their accounts. There are also streams of upcoming races in the UK, Ireland, Australia, and other countries on the racing section of the website.
Payment Methods
To make deposits and withdraw winnings, there are a wide range of payment methods available. Here is a list of all available options and withdrawal/deposit limits:
Payment Method | Deposit Limit | Withdrawal | Deposit Time | Withdrawal Time |
---|---|---|---|---|
Debit cards Visa,MasterCard | €5 – System’s limit | €0.01 – System’s limit | Instant | 1-5 working days |
Skrill | €20 – System’s limit | €1 – System’s limit | Instant | 1-4 hours |
Neteller | €20 – System’s limit | €1 – System’s limit | Instant | 1-4 hours |
PayPal | €20 – System’s limit | €1 – System’s limit | Instant | 1-4 hours |
paysafecard | €20 – System’s limit | N/A | Instant | N/A |
Apple Pay | €5 – System’s limit | €0.01 – System’s limit | Instant | 2-3 working days |
MuchBetter | €20 – System’s limit | €0.01 – System’s limit | Instant | up to 24 hours |
Cash via a Paddy Power Shop | €10 – System’s limit | N/A | Instant | N/A |
Instant Transfer | €5 – System’s limit | €0.01 – System’s limit | Instant | Instant |
Rapid Transfer | €20 – System’s limit | €0.01 – System’s limit | Instant | 2-3 working days |
Bank Transfer | €20 – System’s limit | €10 – System’s limit | 1-5 working days | 1-5 working days |
Also Betfair is one of the betting sites that accept Revolut. This option is accessed as part of Instant Transfer or Instant Withdrawals.
How to Make a Deposit to Betfair
- Log in to your account on the website or mobile app.
- Navigate to the “Deposit” section and choose the deposit method that suits you.
- Enter the deposit amount and provide the payment system details.
How to Withdraw from Betfair
- Go to the “My Account” section.
- Click on the “Withdraw Funds” option.
- Select the payment method that you previously used to deposit money.
- Enter the desired withdrawal amount and verify the transaction.
Betfair App
There are mobile apps for both iOS and Android that can be downloaded from the official App Store and Google Play, providing clients with the main options such as registration, depositing funds, placing bets, and playing casino games. Betfair also has a separate mobile app for the exchange section, which is available on all popular mobile platforms. One downside is that some punters report technical issues and slow performance. However, the interface is generally user-friendly, and the app allows bettors to access all the same features as the desktop site, making it a convenient option for on-the-go betting.
Developer | Betfair |
Cost | All versions are free |
Software | iOS, Android |
Age Limit | 17+ |
Language | English |
Currencies | Euros, pounds |
Deposit methods | Debit Cards, PayPal, Apple Pay, Skrill, Neteller, Paysafecard, Bank Transfer, Rapid Transfer, MuchBetter |
Withdrawal methods | Debit Cards, PayPal, Apple Pay, Skrill, Neteller, Bank Transfer, Rapid Transfer, MuchBetter |
License | Licensed by the Revenue Commissioners |
Betfair Sign Up Process
Here’s a step-by-step breakdown of the sign-up process:
- Open the official site or mobile app.
- Click on the “Join now” button located on the main screen.
- Fill out all required personal details, including gender, first and last name, date of birth, country, postal code, phone number, email address, and password.
- Set up a security question and answer, choose the account currency, and set a deposit limit if desired.
- Enter a promo code if you have one.
- Agree to the Terms and Conditions, Privacy Policy & Cookie Policy, and confirm that you are 18 years of age or older.
- Click on the “Join Now” button to complete your registration.
How to Bet at Betfair
If you’re new to the site and want to know how to stake, follow these simple steps:
- Open the All Sports menu on the website or app.
- Select the sport you’re interested in betting on.
- Choose the specific event.
- Find the market and click on the corresponding odds.
- Enter the amount in the Betslip window and confirm your bet by clicking on “Place Bets”.
How to Cash Out a Bet at Betfair
To utilise the Cash Out function, you can follow these simple instructions:
- Access the Cash Out section on the platform through the website or app.
- Select the Cash Out amount button within the bet window.
- Verify your intention to Cash Out your bet.
- The money will be immediately transferred to your primary account.
Security
The company is licensed to offer markets in Ireland, Spain, Sweden, Italy, and Romania, and is regulated by several gambling regulators, including the Ireland Revenue Commissioners, UK Gambling Commission, Malta Gaming Authority, and Danish Gambling Authority. With 2-Step Authentication, your account is protected.
Customer Support
The customer service team is always ready to lend a hand to clients who may need help with their accounts or have any inquiries about the platform. There are various ways to get in touch with customer support for assistance, such as:
- Live chat support is available on the site or app for immediate assistance.
- Customers can also call the hotline at 180 094 4000.
- For non-urgent matters, punters can send an email to info@betfair.com.
- Clients can reach out to bookmaker customer support through their official Twitter account, @BetfairCS.
Betfair Betting Tips and Tricks
If you want to have a more convenient and successful experience while using the website or app, consider the following tips:
- Take the time to explore the available sports, special features, and how to navigate the site. It provides a diverse selection of sports to place bets on, with special options like Cash Out, Bet Builder, Odds Boost, and live streaming available for clients to take advantage of.
- Try live streaming. The platform provides streaming for horse racing, football, and other sports. By watching these live events, you can make more informed bets and potentially increase your chances of winning. To access the live streaming, you need to register and fund your account.
- Use enhanced odds. There are promotions on specially selected matches, which can be found in the Sportsbook section. The company’s OddsBoost option can raise odds on selected bets.
Betfair Frequently Asked Questions
Is Betfair Available in Ireland?
Yes, it is available in Ireland. Irish residents can register and place bets on the platform just like any other user. The bookmaker also offers wagering on popular Irish sports like Gaelic football and hurling. As a licensed and regulated bookmaker, it complies with the laws and regulations in Ireland, ensuring a safe and secure betting experience for its customers.
Is Betfair Trustworthy?
The company has obtained a licence from the Revenue Commissioners to accept bets from Irish customers. The company has been operating in the legal market for over 20 years. It is also regulated by the UK Gambling Commission and the Malta Gaming Authority, which are reputable regulatory bodies in the gambling industry. In addition, the company uses encryption technology to protect customers’ personal and financial data.
How Do I Get Betfair Sign Up Offer?
To get the sign-up offer, new punters can receive a €20 Free bet by using the promo code ZBHC01 when creating an account on the website or mobile app. Once registered, the player must pass an SMS verification, deposit at least €5 using a valid debit card, and place a first bet of at least €5 on any market available in the Sportsbook section with minimum odds of 1/2 (1.50). After the qualifying bet has been settled, the Free bet will be credited to the player’s account within 24 hours.
How Do I Get My Betfair Bonus Code?
You can find your promo code in the “My Account” section of the website or mobile app. Once you log in to your account, click on the “My Account” tab and then select “My Bonuses” from the dropdown menu. Here you will see any available promo codes that you can use on the platform. The bookmaker also occasionally sends out promo codes via email to registered clients.
What Is Betfair 2024 Bonus Code?
The 2024 Promo Code is ZBHC01. The promo code must be used by new customers signing up. With this bonus code, new users can receive a €20 Free bet to use on the Sportsbook section of the website or mobile app.
How To Place A Bet at Betfair?
To place a bet, simply select the sport and market you want to bet on, choose your bet type and enter the stake amount. Then confirm your bet and it will be placed. You can also take advantage of several betting features and sign-up offer in Free bets.
Does Betfair Do Cash Out?
Yes, the desktop and mobile platforms offer a Cash Out feature that allows you to settle your bets before the event has finished. This gives you more control over your bets and can be used to reduce losses. The Cash Out feature is available on selected markets and bet types.
Is There A Betfair app?
Yes, the bookmaker offers a mobile app for both iOS and Android devices. It is free to download and can be found in the App Store or Google Play Store. Once installed, users can log in using their existing account or create a new account directly through the app.