Saturday 22 October 2022

Betfair Sports Betting Review

Betfair is number one for online betting exchanges and is probably one of the world's most widely recognised online sportsbooks. Trusted and reputable, Betfair offers every market, sports betting option, and the best betting bonuses you’ll find online!

Betfair Online Sports Exchange and SportsBook are on par with the massive sports betting sites, such as Betsafe, BetBright Sports and BetVictor. Betfair offers award-winning software, a great name and big brand reputation, excellent and unbeatable odds, excellent sign-up offers, and free bets to get started.

Betfair Offers & Promotions for New Customers

New members at Betfair can look forward to a welcome offer of up to a £100 bonus bundle. All you need to do is place 5 x £10 or more bets to receive £20 in free bets. You can repeat this up to 5 times to receive a maximum bonus of £100. Full terms apply below but be sure to know that this offer is restricted to minimum odds of 1/2 (1.5), and Betfair Exchange bets are excluded. Strictly 18+ T&Cs apply

Betting Options Available at Betfair

When you’re on the Betfair website, you’ll instantly notice that it is well-designed, and laid out and has everything you could possibly need regarding online betting - and any other form of online gambling, for that matter!

Betfair Exchange

If you didn’t know, Betfair is the pioneer of online sports betting exchanges. If you’re unfamiliar with the difference between an online sportsbook and online sports betting exchange, then let us help explain: Betting exchanges allow customers to place sports bets against each other. This makes it a little more fascinating than fixed odds against the brand/house and has proved so successful and popular that Betfair has secured itself to be the best online betting exchange!

Betfair Sportsbook

Not only is Betfair sports betting exchange, but they also provide the possibility for their customers to bet on fixed-odds, too, making themselves a highly regarded online bookmaker. This is good because you don’t have to worry about any liquidity or action (making sure there are enough players to bet against when you want to), plus there are no commissions on winnings either like there are in the exchange.

It’s fair to say that at Betfair, you have the best of both worlds; a highly regarded sports betting exchange, a sportsbook, and many other betting products we’ll come to in a little bit.

You can bet on practically everything at Betfair as they cover most, if not all, sports and markets. For example, you can bet on Tennis, Horse-racing, World Cup, Grey Hound Racing, Ice Hockey, Gaelic Games, Motor Sports, Basketball, and many more.

If you wish to place a bet on fixed odds, just click on the 'Book Maker' tab. Of course, if you wish to bet against others, then click on the 'Sports Exchange' tab.


Other Products to Bet On

Other Games and Products Offered: Betfair is pretty comprehensive regarding things you can bet on. Aside from the aforementioned sports markets, Betfair Sports also offers online Pool betting for fans of the offline system, which is so widely loved in the United Kingdom. Online Pools betting enables you to bet on your favourite football games and have a chance to win the world’s biggest football Jackpot.

Betfair also allows you to play other types of games, such as online casinos, slots, poker, live casino games, bingo, virtual sports and arcade games, all from one site and a one-wallet solution providing you ease and simplicity.

Odds Offered

Playing at Betfair means you will have the best odds guaranteed online about the betting exchange, as all odds are created by fellow customers. This means it can be a good or bad, depending on how much liquidity or interest there is for a specific match or event.

Betfair can take up to 5% in commissions from winnings in the betting exchange. With regards to Betfair's' Sportsbook, Betfair offers competitive odds which are comparable to other top online bookies such as Betsafe Sport and BetVictor Sport.

Betfair Cash Out - Explained

Betfair Cash Out is available for selected Betfair Exchange markets. Betfair Cashout allows you to take a profit or to limit your loss and liability before a specific betting event has been completed. How it works is rather simple: Rather than calculating the potential in-play trade yourself, Betfair does the math for you and offers you a rate for your bet based on the current market odds.

Live Betting at Betfair

Betfair offers a great concept of live video coverage on all UK and Irish Horse racing, so you can even watch the race you’ve bet on in real-time and all online! Odds are updated every second. Click on the' In-Play' tab to access live ‘In-Play’ betting options.

Live Streaming Direct to Your Desktop

Betfair offers live streaming capabilities. Click on the ‘Live Video’ tab to see what streams are currently live and those which are upcoming. You can search and watch a range of sports, including soccer, tennis, greyhound racing, horse racing, snooker, darts, basketball, cricket and hockey.

Mobile Betting

Betfair has a really great mobile app which is available for all users on Android and iOS, which you can download easily. If you just wish to access Betfair Sports in your browser and not via an App, it will be outstanding as it's adapted for mobile and tablet users. In fact, it works very well and you don’t even have to download anything! Betfair's mobile site is well-designed and made simple – it’s really easy to see events and matches, make bets, and even watch live events on the streaming service.

Customer Support Options at Betfair

  • Available Languages: Danish, English, German, Italian, Portuguese, Spanish, Swedish, Greek, Bulgarian, Russian
  • Email Address: sport @ betfair.com
  • Telephone Number: 0344 871 0000 (UK), 1800 944 000 (IRE)& International: 0044 203 059 8888 7.30am to 12.30am
  • Live Chat: Yes, 24/7
  • Twitter: @BetfairCS
  • Opening Hours: 7.30 am to 12.30 am for telephone support, 247 for Chat and Email enquiries
  • Service Rating: 5/5

Restricted Countries: Hong Kong, Cuba, Eritrea, France, Greenland, Iran, Iraq, Israel, Japan, Lebanon, Libya, South Africa, Somalia, Sudan, Turkey, United States, Australia, North Korea, China, Congo, Côte d’Ivoire, Greece, Russia, Switzerland

License: Malta Gaming Authority (MGA), UK Gambling Commission (UKGC)

Depositing & Withdrawing at Betfair

  • Deposit Options: Cheque, ClickandBuy, Delta, Maestro, MasterCard, Neteller, PayPal, Solo, Visa Electron, Visa, Western Union, Bank Transfer Express, Skrill. Check your account for more local options which may be available to you.
  • Currencies: Australian dollars, Canadian dollars, Euros, Hong Kong dollars, Norwegian kroner, British pounds sterling, Singapore dollars, Swedish kronor, US dollars, Denmark kroner
  • Minimum Deposit Amount: £10
  • Minimum Withdrawal Amount: £10
  • Withdrawal Processing Time: Up to 48 hours

Summary – What Do We Think?

From starting in 2000 and then becoming the biggest online betting exchange and the most prominent online bookmakers, Betfair really doesn’t disappoint. Betfair offers all the games you could want to place a bet on and competitive odds within the exchange which generally has lots of liquidity and action.

Feel safe making online bets with a company like Betfair, which has gone from strength to strength for a reason – they’re the best. With over 1 million active customers and a turnover exceeding £50 million per week, Betfair can make a claim to be the world’s largest betting exchange! A trusted online sportsbook - you cannot go wrong!

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