This large & established UK bookmaker is licensed in Malta and founded in 2000. The sportsbook is owned by Flutter Entertainment, an online betting conglomerate that has stakes in Paddy Power and other large gaming operations. Their Betfair exchange has grown into a global name with over 6 million customers in 100+ countries.
The following countries are not eligible to open an account at Befair.
Canada, China, Cote D’Ivoire, Cuba, DR Congo, Eritrea, France, Greenland, Iran, Iraq, Israel, Japan, Lebanon, Libya, North Korea, Portugal, Somalia, Sudan, Turkey, United States of America.
Betfair Betting Exchange
Betfair enjoys a reputation as one of the most recognized betting exchanges. Their platform allows customers to match bets against each other and has evolved into a thriving community. The betting exchange lets a customer place a wager on or against an event happening. They will match the bets and provide updated odds for each event. One major benefit of the exchange is the excellent odds. Often they will have much better odds than other traditional bookmakers. Betfair operates by taking a commission from all winning bets. Their standard market base rate is 5%.
If you’re looking for a bookmaker with a huge selection of events & markets, then Betfair is the perfect match for you. They provide action for practically all sporting events across the globe. It doesn’t matter if you’re into Badminton, Tennis, Major League Baseball or Turkish Football, this sportsbook has got you covered.
All the traditional betting markets are available for punters at Betfair. Win-Draw-Win, Over/Under Totals, Money Line, Alternative Lines, Spread, Multi/Parlay and more. Betfair has a strong presence in the European market and many punters flock to them for their great odds on the European soccer leagues like English Premier League, Spanish La Liga, Italian Serie A and other major leagues.
Having the option to cash out your bet can often be a great asset to any betting strategy. Sometimes it may be wise to cash your bet out early, instead of risking a late minute draw or loss. Betfair allows punters to cash some of their bet out or the full amount. The dashboard is well designed and simple to use, making it easy to cash your bets out.
The Betfair sportsbook is a great choice for all the live betting fans out there. A large number of their games are available which you can live bet on. They even provide streams for select matches. The layout of their exchange allows you to see movements in the betting market in real time. This can be great if you are looking for favorable odds in live betting opportunities. The company also provide an information portal known as The Hub which gives punters the latest insights & tips for sports, racing and much more.
Banking & Security
The Betfair sportsbook allows you to deposit & withdraw using most traditional methods. You can make transactions with credit cards (Visa, MasterCard), Neteller, Skrill, Click and Buy & PayPal. One downside is the processing time it can take for withdrawals. Bank wires can take up to 5 working days, debit cards in 2-3 working days. However, PayPal or E-Wallets are quicker and typically take 12-24 hours.
They have been in business for nearly 20 years and pride themselves on offering an excellent platform for their customers. They are fully ISO27001 certified, which is the standard when it comes to I.T. Security. They also have the option for players to secure their account using Two Factor Authentication via the Google Authenticator App.
In the past, Betfair has not had the best reputation when it comes to customer service. Users complain about long wait times for responses. In recent years they have taken steps to improve this, they now offer live chat, phone & email customer support. They are also active on social media and contactable via Facebook & Twitter.
Bonus & Promotions
Betfair sportsbook offer a bonus for all new customers. You can get free bets for up to 100 Euros. You will need to place 5 x 10 euro bets to receive a 20 euro free bet. This process can be repeated five times, for a total of 100 euro. This definitely isn’t the most attractive bonus offered by other bookmakers, however, they offer excellent odds and a unique bonus point system, that allows regular bettors to receive discounts on commission.
As Betfair is considered a market leader in the sports betting world, they often run fantastic promotions for their bettors. Price boosts & odds promotions are regularly featured and aim to give users the best odds in the industry. The also offer a huge range of promotions for their casino & poker rooms, including a loyalty program, where points are accumulated across all platforms.
The Betfair sportsbook is a great choice for both recreational & professional sports bettors. They even provide other types of games for their players. You can enjoy slots & live dealer casino games or play cards against other online players in their poker room. If you like betting on a wide range of events and enjoy getting some of the best odds on the market, then sign up at Betfair today.