You might know Betfair as the operator of the world’s largest online betting exchange, but they also run a thriving online sportsbook with some of the best odds and market variety around.
This Betfair review will give you a full analysis of what the site has to offer so you can decide whether it’s the right online sportsbook for your betting needs.
Absolutely! Betfair is a British owned and operated company founded in 2000 by Andrew Black and Edward Wray. The company’s UK headquarters is located in Hammersmith in Greater London while their international operations are run from offices in Malta and Cueta, Spain.
Betfair’s parent company, Flutter Entertainment, has over 14,000 employees worldwide serving more than four million users in 40+ countries.
Read below to learn more about Betfair’s solid reputation and reliability.
As a British-based company, Betfair has all required licences and registration from the Gambling Commission to operate in the UK both as a sportsbook and as a casino. Betfair also holds additional licences to operate in a number of countries including Brazil, Italy, Mexico and Spain.
With these licences, you can be sure that Betfair provides a safe environment for punters.
Betfair is more committed than most sportsbooks to making sure its customers gamble safely and responsibly. Their standalone responsible gaming site offer plenty of tools and services to help punters stay in control of their finances.
These tools include deposit and loss limits, reality checks (notifications that punters get when they’ve been on the site for a certain amount of time), and time out (self-activated) suspension from your account between 1-30 days). Betfair’s safer gambling site also offers helpful information on how to spot signs of gambling addiction, tips for betting responsibly, and links to outside organisations who can offer counselling and financial advice.
Not only does Betfair allow you to wage on plenty of international awards such as the BAFTAs, Oscars, and the BRIT awards, but they’ve also won a few of their own.
Their most notable awards came from the late Queen Elizabeth herself. Over their 23 years in operation, Betfair has won the Queen’s Award for Enterprise twice. The first came in 2003 when they won in the innovation category, and the second came in 2008, in the international trade category.
Over the years Betfair has been a sponsor for many prestigious clubs and organisations, including Barcelona and Manchester United. Today, many of their top sponsorships lie in the South American market.
Betfair is the official sponsor of Conmebol Libertadores and Sudamericana, the second-largest continental football competition in South America. They also are the official betting sponsor of major Brazilian clubs including Palmeiras, Corinthians and America.
Betfair has some of the most varied and profitable promotions among UK sportsbooks. These include the Betfair Welcome Bonus, which allows new users to receive £30 in free bets, and their unique loyalty program, which allows you to customise your rewards.
Read below to learn more about how to take advantage of Betfair bonus codes and promotions for new and existing customers alike.
With Betfair’s new sign-up offer, new UK customers are eligible to receive £30 in free bets by registering and betting a minimum of £10. Your first bet must be placed within 14 days of registration at fractional odds totalling 1/2 (decimal odds 1.5) or greater.
Make sure to use Betfair’s new customer offer sooner rather than later. as they’re only valid for seven days after acceptance. Any free bet left unused after seven days will be removed from your account.
The My Betfair Rewards program is a unique promotion that allows you to choose the benefits you receive. With three separate rewards options to choose from, punters can pick the one that best fits their betting style. Below are the three rewards packages and some of their bonuses.
Betfair Rewards+ Package
Betfair Rewards Package
Basic Package
Placing bets with Betfair is a quick and efficient process that is very similar to other popular online bookmakers. To get started on the site, all you need to do is follow these simple steps:
Below we explain each of these points in detail and give you everything you need to know about how to use Betfair.
The Betfair login process is instinctive and expedient. By following the steps below, you can be placing your first bet on the site in no time!
After filling out all the information on the join now page, login to your account with your email and password. But before you can withdraw any funds, you must first complete the identity verification process. Confirm your identity by uploading a photocopy, or taking a picture, of an identification document (passport, ID card or driving licence) including your full name, date of birth, place of birth, and photograph.
This can be done either through Coral’s online uploader tool, or via email at [email protected]
One Photo ID from the following list:
One of the following:
After verifying your identity and address you’ll be ready to deposit some funds and make your first bet!
With a wide variety of payment methods and quick transaction times, depositing and withdrawing money with Betfair is a quick and simple process.
Read below to learn everything you need to know about depositing and withdrawing at Betfair including accepted deposit methods, minimum deposit amount and withdrawal time.
Betfair accepts several deposit methods with varying minimum deposit amounts between them.
Consult the chart below for a list of deposit options at Betfair:
| Deposit Method | Min. Deposit | Max. Deposit | Duration |
|---|---|---|---|
|
Paypal
|
0 | 0 | 0h - 0h |
|
Paysafecard
|
0 | 0 | 0h - 0h |
|
Bank Transfer
|
0 | 0 | 0h - 0h |
|
Skrill
|
0 | 0 | 0h - 0h |
|
Neteller
|
0 | 0 | 0h - 0h |
Betfair’s withdrawal time can vary between methods. Check out the chart below for a list of withdrawal options at Betfair.
Betfair"s minimum withdrawal amount is £1. You should make sure to contact customer service if you run into any issues while attempting to withdraw your winnings.
| Withdraw Method | Min. Value | Max. Value | Time |
|---|---|---|---|
|
Paypal
|
0 | 0 | 0h - 0h |
|
Paysafecard
|
0 | 0 | 0h - 0h |
|
Bank Transfer
|
0 | 0 | 0h - 0h |
|
Skrill
|
0 | 0 | 0h - 0h |
|
Neteller
|
0 | 0 | 0h - 0h |
Before you can begin placing bets on Betfair, you first need to know how to deposit funds. Follow our quick guide below to learn how to deposit payments on Betfair.
Before you can deposit your winnings in your bank account, you first need to know how to withdraw funds. Follow our quick guide below to learn how to withdraw funds on Betfair
Remember, if you have deposited into your Betfair account using a payment method, you will need to withdraw funds back to that payment method as well.
Betfair, is well-known in the UK sports betting industry for having some of the best market variety around. Punters have the option to bet on a wide number of sports and events the world over, including the competitions listed below.
Betfair has all the standard market variety one would expect from a top UK bookmaker. Read a list below for examples of some of the common betting markets that Betfair offers.
If there’s one thing you need to look at when comparing bookmakers, it’s quality odds. If one bookmaker has 4.5/1 odds on a certain bet, while yours only has 4/1, you’re losing potential pounds even if you win.
Luckily, Betfair has some of the best available odds among the top UK bookmakers. They consistently rank above average when it comes to football odds, and offer some of the best odds around in sports like rugby union, American football, and baseball.
Betfair has a wide variety of daily football odds boosts, which makes the odds of certain bets more favourable for a limited time period.
With the rise of livestreaming, live betting (placing bets throughout a match) has become an increasingly popular form of gambling. Betfair live odds, along with its top-tier variety of betting options and robust streaming service for horse racing, football, and tennis, is a great place to go for any punter looking for a quality live betting experience.
Betfair’s live events user interface makes it incredibly simple to quickly locate all available live betting options. By clicking the ‘In-Play’ button on the navigation bar (or the dropdown menu for mobile users), customers can see a full list of all currently ongoing matches and events to bet on.
Cash Out allows Betfair customers to settle their bet early, even if all parts of the bet haven’t finished.
For example, let’s say you make a multiples bet on the outcome of three football matches and have already successfully guessed the result of the first two. With Betfair’s cash out feature, you will have the opportunity to settle your bet early for a reduced return, regardless of the outcome of the last match.
One way that Betfair differentiates itself from the competition is with its streaming service, Betfair Live. Betfair Live allows you to livestream horse and greyhound racing, football, tennis, and more.
Live streaming can be incredibly advantageous for punters who prefer live betting. The site allows you to place bets on the fly while watching, enabling expert punters to perfectly time their bets.
After creating your account and depositing some initial funds, now it’s time to place a bet. Read the instructions below to learn everything you need to know about betting on Betfair.
Betfair’s sportsbook may be top-of-the-line, but it’s not the only gambling experience they offer. Betfair also runs a thriving online Casino with a myriad of betting options.
At Betfair, poker fans aren’t the only ones who have options. Betfair Casino offers customers over 400 unique game titles including 130 slot games, video poker, bingo, roulette, and blackjack.
But the crown jewel is clearly the Betfair live casino, which allows you to play games like poker and blackjack against other players online. With betting limits ranging from a few cents to £10,000, there are games for players of all monetary and skill levels.
Betfair Casino offers customers just as many bonuses and promotions as the sportsbook. Read below to learn more about Betfair Casino offers including the Betfair Casino Welcome Bonus and Betfair’s Free Spins promotion!
As a welcome bonus, customers can earn 50 free spins just by signing up for an account, and an additional 50 spins just by depositing and staking at least £10 on eligible casino games.
To receive your Betfair Casino Welcome Bonus, register for a new account using the code ‘CASF51’ on signup. Once you finish the phone number verification you will receive your free spins, which can be used on Dynamite Riches or selected other Daily Jackpot games.
After using your original 50 free spins, you will then be able to earn 50 more free spins just by depositing and staking at least £10! First, visit the Casino promotions hub and accept the promotion. Then deposit and bet a minimum of £10 on Daily Jackpot games to earn your free spins.
The welcome bonus isn’t the only way you can earn free spins at Betfair Casino. In fact, with Prize Pinball, you have a chance to win free spins, cash prizes, and more every single day.
Customers can play Prize Pinball once per day with a chance to win a daily jackpot of £1,000 or more! But, even if you don’t win the jackpot, there are plenty of other available prizes including 5 free spins, free spins until you win, £100 cash, or casino bonuses.
For punters looking to place bets on the go with all the functionality available on desktop, the Betfair app is the perfect solution. You can download the Betfair app for both iOS and Android Systems, and can also access the Betfair site through a mobile web browser if you don’t want to download an app.
The Betfair app for Android can easily be found on the Google Play app store. Follow the instructions below to install the app on your Android device.
The Betfair app for Apple products can easily be found on the App Store. Follow the instructions below to install the app on your Apple device.
Betfair might not offer dedicated email and phone support, but they make up for it a bit with 24/7 online live chat, a dedicated Twitter support page and perhaps the densest FAQ page of any of their competitors.
Read below to learn more about Betfair live chat and how to contact Betfair.
By clicking on the ‘Help’ button at the bottom of any page on the Betfair site, Punters will be automatically redirected to the Betfair support page. On this page you can find answers to questions about account verification, login/registration, deposits and withdrawals, promotions, and more. On this page you can also press the ‘Get in touch’ button to start a live chat with a Betfair customer service representative.
Betfair unfortunately no longer offers phone support, but they can be reached via live chat or Twitter @BetfairCS.
Betfair unfortunately no longer offers email support, but they can be reached via live chat or Twitter @BetfairCS.
Is it safe to bet on Betfair? 100%! If you’re older than 18, Betfair is completely legal to use in the UK.
Betfair sports has all required licences and registration from the Gambling Commission to operate in the UK both as a sportsbook and as a casino and has additional licences to operate in a number of countries around the world including Brazil, Italy, Mexico and Spain.
From humble beginnings, Betfair have more than earned their position as one of the UK’s top bookmakers and online casino operators. We recommend Betfair to any punter in the UK looking for solid odds, incredible market variety, varied bonuses and top-class reliability.
Have a question about Betfair? Check out the answers to some of the most common questions from our readers below!
Unlike a sportsbook, a betting exchange involves customers betting against themselves, with the host site taking a small percentage of the winnings as commission. This allows punters to act as a bookmaker themselves by setting odds that can then be bet on by other customers.
Exchanges are usually higher-risk but they also give attentive punters a better chance of winning big. For knowledgeable punters with lots of sports betting experience, the Betfair Exchange might be right for you.
Withdrawal times on Betfair can vary between methods but they usually take up to 24 hours for eWallets, 2-3 business days for bank transfers and 2-5 business days for debit cards.
Betfair is owned by Flutter Entertainment, an Irish bookmaking holding company created by the merger of Paddy Power and Betfair. Their owner and CEO is businessman Peter Jackson.
Yes! Betfair offers early Cash Out for many sports including football, tennis and horse racing.
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