Betfair Overview from Our Team

Betfair Basic Facts

Websitehttps://www.betfair.com/sport/Game typesSports Betting, Exchange, Casino, Live Casino, Poker, Bingo, Virtual Sports
Deposit methodsDebit Cards, PayPal, Apple Pay, Skrill, Cash, Neteller, Paysafecard, Bank Transfer, Rapid Transfer, MuchBetterWithdrawal methodsDebit Cards, PayPal, Apple Pay, Skrill, Neteller, Bank Transfer, Rapid Transfer, MuchBetter
AppsiOS & AndroidBetting functionsLive Betting, Live Streaming, Cash Out, Bet Builder, Odds Boost
Odds providerOpenBetSupportLive Chat, Phone, Email, Twitter, FAQ Section 
OwnerFlutter Entertainment plcFounded (year)2000
HeadquartersLondon

Betfair Pros & Cons

Bet here

Betfair Review

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
New customer offers
Existing customer offers
Payment methods
Apps
Streaming
Sign-up and support
Legal info
Ease of navigation

Betfair Screenshots

Betfair Free Bets, Bonus Codes & Promotions

How to Claim the Bonus:

  1. Use the Betfair promo code ZBGC01 to register at Betfair.
  2. Verify your mobile phone number via SMS.
  3. Make a qualifying deposit €10 or more using a debit card (but not via Apple Pay).
  4. 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

Betfair Casino & Bingo Offers

Bet here

Betfair 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 at Betfair 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:

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 History

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 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

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.

Tennis

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 In-Play Betting

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 Payment Methods

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:

  1. Log in to your account on the website or mobile app.
  2. Navigate to the “Deposit” section and choose the deposit method that suits you.
  3. Enter the deposit amount and provide the payment system details.
  1. Go to the “My Betfair Account” section.
  2. Click on the “Withdraw Funds” option.
  3. Select the payment method that you previously used to deposit money.
  4. Enter the desired withdrawal amount and verify the transaction.

Betfair App

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.

DeveloperBetfair
CostAll versions are free
SoftwareiOS, Android
Age Limit17+
LanguageEnglish
Currencies
Deposit methodsDebit Cards, PayPal, Apple Pay, Skrill, Neteller, Paysafecard, Bank Transfer, Rapid Transfer, MuchBetter
Withdrawal methodsDebit Cards, PayPal, Apple Pay, Skrill, Neteller, Bank Transfer, Rapid Transfer, MuchBetter
LicenseLicensed by the Revenue Commissioners

Betfair Sign Up Process

Here’s a step-by-step breakdown of the Betfair sign-up process:

  1. Open the official Betfair site or mobile app.
  2. Click on the “Join now” button located on the main screen.
  3. Fill out all required personal details, including gender, first and last name, date of birth, country, postal code, phone number, email address, and password.
  4. Set up a security question and answer, choose the account currency, and set a deposit limit if desired.
  5. Enter a promo code if you have one.
  6. Agree to the Terms and Conditions, Betfair’s Privacy Policy & Cookie Policy, and confirm that you are 18 years of age or older.
  7. Click on the “Join Now” button to complete your registration.

How to Bet at Betfair

If you’re new to Betfair and want to know how to place a bet, follow these simple steps:

  1. Open the All Sports menu on the Betfair website or app.
  2. Select the sport you’re interested in betting on.
  3. Choose the specific event you want to place bets on from the list.
  4. Find the betting market and click on the corresponding odds.
  5. 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:

  1. Access the Cash Out section on the Betfair platform through the website or app.
  2. Select the Cash Out amount button within the bet window.
  3. Verify your intention to Cash Out your bet.
  4. The money will be immediately transferred to your primary account.

Betfair Security

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.

Betfair Betting Tips and Tricks

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.
Bet here

Betfair Frequently Asked Questions