Betfair Overview from Our Team
Betfair is a solid bookmaker with a feature of exchange betting, which adds to the flexibility and variety of betting options for punters. The sportsbook offers a wide range of betting markets and competitive odds. The sportsbook offers almost 3000 different betting options for top football matches, with a comprehensive selection of other sports. Betfair also offers online casino, live casino, poker, bingo, and virtual sports for those looking for additional gaming options.
New customers can enjoy a generous new customer offer of €30, 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, Betfair provides a range of options to help punters make better betting 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 combo bets from outcomes within a single event.
|Website||https://www.betfair.com/sport/||Game types||Sports Betting, 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|
- Exchange and sportsbook. Betfair offers clients the option to place bets in both the exchange section and traditional betting mode, making it a betting exchange and online sportsbook.
- Selection of markets. For major football events, Betfair has a wide selection of markets and provides bettors with over 2900 options for betting.
- Payments. Betfair provides multiple options for payments including bank cards, e-wallets, prepaid cards, Apple Pay, bank transfers, and cash at ground offices Paddy Power.
- Promotions. There are plenty of bonus offers available for Betfair users, such as a €30 new customer offer and regular promos for existing customers in football and horse racing betting.
- Not many live streams. Betfair 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 at Betfair. Additionally, customers have to go through a chatbot before contacting a specialist in the online chat.
Betfair is a fixed-odds bookmaker that has been in operation since May 2012. 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 Betfair’s 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. Betfair’s 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.
|A range of markets||7/10||Over 30 sports and more than 2900 markets for top matches|
|New customer offers||5/10||€30 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|
Sign up with the Betfair promo code ZBGC01 and make a minimum deposit of €10 using debit cards to get a €30 Free bet. To qualify, place a €10 bet at minimum odds of 1.50. Betfair Free bets expire in 30 days after registration.
How to Claim the Bonus:
- Use the Betfair promo code ZBGC01 to register at Betfair.
- Verify your mobile phone number via SMS.
- Make a qualifying deposit €10 or more using a debit card (but not via Apple Pay).
- Place a qualifying bet of €10 or more with minimum odds of 1.50 on the sportsbook market within 30 days of registration.
Terms and Conditions:
- SMS verification required.
- Only deposits via debit cards will count towards sign up offer.
- Free bet rewards valid for 30 days since receipt.
- Only settled bets will count towards the offer.
- Creating multiple accounts to get multiple Free bet credits is not allowed.
- When using the Free bet, Cash Out and Partially Cash Out options are not available.
- Certain types of bets are not eligible for the Free bet credits.
- The bookmaker may withhold Betfair Free bets and any associated winnings if duplicate accounts are used.
Betfair Existing Customer Promotions
Share your referral code with people who don’t have a Betfair 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 Betfair Sportsbook, Betfair 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.
To qualify for the bonus amount, use the Betfair Sportsbook and place pre-match or live bets on eligible markets for the Premier League, Champions League, Europa League (from Group Stage onwards), or FIFA World Cup, excluding #OddsOnThat & Odds Boost bets. If the player you backed is substituted between 00:00-10:00 on the game clock, you will receive a refund for single bets or have that leg of your multiple bet voided and re-priced, with all cash credited within 60 minutes.
Betfair Casino & Bingo Offers
Register as a new customer with the Betfair 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.
To get the bonus, sign up and download the Poker software, create your Betfair Poker nickname, and opt in to one of the welcome offers by earning either 25 Status Points to receive €20 worth in tickets or 50 Status Points to receive €40 worth in tickets. Once you opt in, you will not be able to select the other offer. All tickets received will be valid for 7 days once triggered.
Register to Betfair Bingo with code BINSGO and verify your age and deposit using an accepted payment option. Bet €5 in any Bingo rooms to get 200 Free Tickets and opt-in to bet €5 on selected Slingo games to get a €20 Bonus. Bonus offer has a 1x wagering requirement and is valid for 30 days.
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 at Betfair was 6.14%. This is an above average value (5% to 7% margin).
- 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
Betfair has been operating as a bookmaker for more than two decades and is amongst the largest bookmakers in the world. Betfair has licenses in the United Kingdom, Gibraltar, Malta, Spain, Italy, Australia, Bulgaria, and Denmark, among others.
Betfair was founded in 2000 as a British gambling company that operates one of the largest online sports betting exchanges in the world. In addition to sports betting, they offer casino games, poker, bingo, and virtuals. In 2016, Betfair merged with Paddy Power to create Flutter Entertainment PLC, which now owns multiple brands in the betting industry, including FanDuel, PokerStars, and Sky Betting & Gaming.
Betfair 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 Betfair’s 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, Betfair 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 €10 On The Sportsbook & Get €30 In Betfair Free Bets” promotion, while existing clients can receive odds boosts and promos for accumulators, Bet Builders, and a referral program.
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.
Betfair’s 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 categorized 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.
The Betfair 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 betting markets, 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 has hundreds of daily events for in-play betting. To help punters, they provide the following options:
- Events and markets. Betfair’s In-Play betting option 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, Betfair has more than 180 betting 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
Betfair 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 Betfair site or app, clients must register and fund their accounts. Betfair also streams upcoming races in the UK, Ireland, Australia, and other countries on the racing section of the website.
Betfair has a variety of payment methods to make deposits and withdraw winnings. 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|
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 Betfair 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 developed 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.
|Cost||All versions are free|
|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|
Here’s a step-by-step breakdown of the Betfair sign-up process:
- Open the official Betfair 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.
- Click on the “Join Now” button to complete your registration.
If you’re new to Betfair and want to know how to place a bet, follow these simple steps:
- Open the All Sports menu on the Betfair website or app.
- Select the sport you’re interested in betting on.
- Choose the specific event you want to place bets on from the list.
- Find the betting market and click on the corresponding odds.
- Enter the bet amount in the Betslip window and confirm your bet by clicking on “Place Bets”.
How to Cash Out a Bet at Betfair
To utilize the Cash Out function at Betfair, you can follow these simple instructions:
- Access the Cash Out section on the Betfair 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.
Betfair 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 Betfair’s 2-Step Authentication, your account is protected.
Betfair Customer Support
Betfair’s 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 Betfair customer support for assistance, such as:
- Live chat support is available on the Betfair 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 [email protected].
- Clients can reach out to Betfair customer support through their official Twitter account, @BetfairCS.
If you want to have a more convenient and successful experience while using the Betfair website or app, consider the following tips:
- Take the time to explore the available sports, special features, and how to navigate the site. Betfair 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. Betfair 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 Betfair’s live streaming, you need to register and fund your account.
- Use enhanced odds. Betfair has promotions on specially selected matches, which can be found in the Sportsbook section. The company’s OddsBoost option can raise odds on selected bets.
Is Betfair Available in Ireland?
Yes, Betfair is available in Ireland. Irish residents can register and place bets on the platform just like any other user. Betfair also offers betting options on popular Irish sports like Gaelic football and hurling. As a licensed and regulated bookmaker, Betfair complies with the laws and regulations in Ireland, ensuring a safe and secure betting experience for its customers.
Is Betfair Trustworthy?
Betfair has obtained a license from the Revenue Commissioners to accept bets from Irish customers. The company has been operating in the legal market for over 20 years. Betfair 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 Betfair sign up offer, new punters can receive a €30 Free bet by using the promo code ZBGC01 when creating an account on the Betfair website or mobile app. Once registered, the player must pass an SMS verification, deposit at least €10 using a valid debit card, and place a first bet of at least €10 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 Betfair 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. Betfair also occasionally sends out promo codes via email to registered clients.
What Is Betfair 2023 Bonus Code?
The 2023 BetfairPromo Code is ZBGC01. This Betfair promo code has to be used by new customers who signing up for a Betfair account. With this bonus code, new users can receive a €30 Free bet to use on the Sportsbook section of the Betfair website or mobile app.
How To Place A Bet at Betfair?
To place a bet at Betfair, 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, Betfair offers 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, Betfair 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 Betfair account or create a new account directly through the app.