Betfair Review

Fixed Odds and Exchange Betting
24/7 Customer Support
Dedicated Mobile Apps
Live Streaming
Frequent bonuses
In-play betting
Easy banking
Less sports than other bookmakers
1.5% fee for credit card deposits
Complicated commission structures

Bookmaker overview

Betfair revolutionised the sports betting industry with the launch of exchange betting in 2000 and ever since then the company has been going from strength to strength. Now the company runs both a betting exchange and a fixed odds sportsbook and customers can freely make use of both. It is the largest online betting company in the UK and the largest betting exchange in the world.

At present Betfair has over 4 million customers and a turnover of more than £50 million each week. On average the bookmaker offers 20% better odds than other bookmakers which is part of the reason it manages to attract so many customers. In addition to the sportsbook and betting exchange, Betfair also runs a casino, live casino, poker room, arcade, Vegas slots, bingo and pools betting service.


Promo Offer - 87 out of 100

Bet £10 and Get £30 Risk Free Bet

If you sign up for Betfair using the promo code ‘FWB000’ you will qualify for this special offer. Just bet at least £20 on your first Exchange bet within seven days of opening the account and if you lose then Betfair will refund your £20.

You won’t be able to withdraw the £20 but you are free to use it to place more bets at both the sportsbook and the betting Exchange.

Betting Options - 91 out of 100

Visitors to the Betfair’s fixed odds sportsbook will find that there are markets on 28 different sports including football, rugby, snooker, cricket and horse racing. Football fans will find that there are markets on the vast majority of leagues, tournaments and other matches. There is normally a huge range of markets on each event and punters will find that they can place almost any bet that they can think of.  If punters are unable to find a particular market then it is highly likely that they will find it at the exchange betting website.

At the in-play section of the Betfair website punters will find a link to Betfair TV. Here it is possible to watch live video streams of a huge number of sporting events including football, tennis matches, greyhound racing and horse racing.

If live video is not available for an event then the website still provides real time textual commentary which is an excellent way to keep up with the latest action. The in-play odds are updated all the time and it takes no time at all to place a bet while a match is in progress. Furthermore, at the side of the screen punters are able to view a huge amount of match statistics and information on previous meetings, form, teams and more.

Those that enjoy placing multiple bets will enjoy the Betfair Pools Betting website. Here there are a number of football betting pools available some of which offer huge jackpot prizes worth millions of pounds. Punters need to pick the correct result on a group of matches and will win prizes according to how many of their predictions were correct. 

Mobile Betting - 83 out of 100

Those that enjoy placing bets while on the move will love Betfair’s apps for iOS and Android devices. The app provides instant access to all of the bookmaker’s betting markets including the in-play betting and the live streams.

Those that aren’t yet members of Betfair can also benefit from a free bet if they sign up through the mobile app. Simply place a first bet of £10 and you will receive a £30 free bet.

The app provides access to both the fixed odds sportsbook and the betting exchange. Those that use devices other than Android and iOS can access the same features via Betfair’s mobile website. In addition to placing bets, the mobile apps and website also allow punters to manage their accounts, view the latest live scores, statistics and enjoy everything else that is on offer. 

Those that aren’t yet members of Betfair can also benefit from a free bet if they sign up through the mobile app. Simply place a first bet of £10 and you will receive a £30 free bet.

The app provides access to both the fixed odds sportsbook and the betting exchange. Those that use devices other than Android and iOS can access the same features via Betfair’s mobile website. In addition to placing bets, the mobile apps and website also allow punters to manage their accounts, view the latest live scores, statistics and enjoy everything else that is on offer. 

Special Features - 89 out of 100

While Betfair is no longer the only online betting exchange it was the first and is one of the largest around. The betting exchange allows punters to bet against each other by setting the odds as they see fit. As a result it is common to find odds that are far more generous than those on offer at other sports books.

Another benefit of the betting exchange is the ability to do lay betting. Lay betting is the process of betting against something or someone winning.  This means that the punter acts a lot like the bookmaker and the other punters can bet against them.

Another feature unique to Betfair is ‘Cash Out’. This is a product that allows you to lock in a profit or loss before an event has finished. The bookmaker will offer you a value in real time of your current bets based on the live market prices. This way you can reduce your losses and even increase your profits based upon how things are unfolding.

Banking Options - 75 out of 100

Betfair has made it very straightforwardfor their customers to fund accounts and withdraw winnings. The bookmakersupports a good selection of payment methods all of which are fast, easy to useand secure. The deposit methods on offer are generally free and most of themare processed extremely quickly.

Punters will find it just as easy towithdraw their winnings. The majority of deposit methods also supportwithdrawals and some of the methods allow for extremely fast cashout times.

These methods are those available topunters based in the United Kingdom. The bookmaker supports many other depositand withdrawal methods and regardless of where you are based there is likely tobe a local payment method that is convenient to use.

 

Transfer MethodDepositWithdrawal
3 Working Days3 - 5 Working Days
Up to 1 Hour---
Instant2 - 5 Working Days
Instant2 - 5 Working Days
Instant1 Day
Instant1 Day
Instant2 - 5 Working Days
Instant2 - 5 Working Days

Customer Support - 86 out of 100

Betfair has an extensive online FAQ section but the customer support team can be contacted at any time via live chat, telephone and email. Generally the team responds very quickly and they always do their best to deal with all queries and concerns quickly and efficiently.

SupportYes/NoContact
E.MailVia Website
PhoneUK: 0344 871 0000 Rest of World: +44 203 059 8888
Live ChatVia Website

Verdict

85%

It is easy to see why Betfair is one of the leading online bookmakers. The combination of a fixed odds sportsbook and exchange betting give punters a huge amount of markets and odds to choose between when placing bets. The service is fast and reliable and the easy banking methods make the entire process very straightforward. Overall Betfair delivers an excellent service that is guaranteed to satisfy.

Information

Name
Betfair
Homepage
betfair.com
Established
1999
Bonus
Double your Winnings on 1st Goal scorer bets
Min. deposit
£10
Free bet
£30
Live StreamingLive OddsMobile Betting

Report Card

Promo Offer - 87%
Betting Options - 91%
Mobile Betting - 83%
Special Features - 89%
Banking Options - 75%
Customer Support - 86%
85%

Thanks to fixed odd and exchange betting, Betfair brings punters a fantastic range of betting options.

User Rating: 3.5 (235 votes)

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