Betfair Review and Rating - Is Betfair Reliable?

Last update: 11 Aug 22
Betfair was established in the year 2000 and ever since then it has become a popular name in the online gaming industry. The company has evolved a lot since its establishment and this bookie has transformed into one of the most modern bookmakers. Betfair was the first company to introduce the betting exchange and other services such as in-play betting. This is accompanied by enticing promotions and a wide range of payment options. This is a detailed Betfair review and it will give you a clear scope of all the aspects that make this name great.

Bonus Offer
Ranked 22 of 232 bookies
4.5
  • Lowest
    10$
  • 100€
  • Highest
    7₿
Mobile and app
Ranked 2 of 232 bookies
5.0
  • Mobile browser

    Mobile browser

    Register
  • iOS Devices

    App store icon
    Download at App Store
  • Android

    Google Play icon
    Download at Google Play
Country coverage
Ranked 41 of 232 bookies
5.0
  • Accepted
  • Restricted
Accepted countries
Restricted countries
Active licenses
Bank and limits
Ranked 80 of 232 bookies
4.0
Slow
Fast
Payout speed
  • 7.00€
    Min deposit
  • 50,000.00€
    Max limit
Payment methods
  • PayPal
  • Visa
  • Visa Electron
  • MasterCard
  • Neteller
  • Sofortuberweisung.de
  • Bank Transfer
  • PaySafeCard
Accepted currencies
  • EUR
    EUR
  • USD
    USD
  • GBP
    GBP
  • RUB
    RUB
  • AUD
    AUD
  • CAD
    CAD
Live stream
Ranked 144 of 232 bookies
4.5
1
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Sign up at Betfair

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Features
Number 1 of all reviewed bookmakers!
4.5
  • Cash Out
    Cash Out
  • Bet builder
    Bet builder
  • Live Stream
    Live Stream
Other betting products
  • Casino
    Casino
  • Poker
    Poker
Expert rating
Ranked 3 of 232 bookies
4.7
  • Pros
    • One of The Most Reputable Betting Sites
    • Offers Betting Exchange
    • Very Competitive Odds
    • Great Promotions Including Acca Insurance
  • Cons
    • Casino and Poker Are Not Available for Some Countries

Excellent!

4.7
Betfair Details
  • Date Founded 01 May 1999
  • Brand Owner Peter Jackson
  • World Market Share -
  • Alexa Ranking 4835
  • HQ Country Malta
  • HQ Address Betfair, Triq Kappillan Mifsud, Santa Venera, SVR 1851, Malta

Betfair Expert Review - August 2022

Betfair is known to be different from other traditional sportsbook companies and that is why professional punters love its platform. The company provides all its services to punters worldwide but the largest player base is from the UK market. Betfair is a part of Paddy Power Betfair plc and they offer some interesting betting products like a Betfair casino and the world's biggest betting exchange. Betfair exchange is very easy to understand and it is a nice way to fund your bank account. The operator lets you sell or trade your bets. Betfair exchange works like a stock market whereby different punters can sell their bets and buy odds. This makes you operate as a bookmaker and a punter at the same time. Moreover, Betfair offers correct score odds and the best tournament winner. If you are an advanced trader you can use software to trade bets for you.

Any bettor would be excited by the huge variety of sports and markets offered on Betfair. They also offer alternative bet events. This bookie has become the best horse racing betting site and this is due to the quality of the horse racing they offer. The site’s Asian Handicap Betting is also considered the highest in the online gambling industry. You will find more useful services such as live streaming and cash-out features. You can even live stream horse races which are not easy to find in other sportsbooks.

Following a quick review, Betfair works hand in hand with the best payment methods to ensure that money is deposited and withdrawn safely and on time. The most used payment methods at Betfair include:

  • Bank Transfer
  • PayPal
  • Credit Cards
  • Skrill
  • Neteller 
  • Clickandbuy

All deposits and withdrawal methods are free of charge and you will rarely see this on other betting sites. The operator likes to welcome every new bettor with an exciting welcome bonus and free spins at the casino and they only ask for a minimum deposit of £10. There are also other promotions you can still participate in and win bonuses as an existing customer.

According to many Betfair rating experts, this bookmaker is not ordinary and it can be ranked as one of the best bookmakers.

Account Registration and Verification

Betfair has made account registration easy and this is because customers only have to fill up a single-page registration form. The process is quite simple and it takes a few minutes of your time. This is a step-by-step guide on the sign-up process at Betfair:

  1. Visit the Betfair website on your desktop or mobile device
  2. Click on ‘Register’ and a page will pop up on your screen
  3. First, you will be required to fill in your name, date of birth, country, mobile number and address
  4. Next, you will be asked to enter your email, a password, security question, deposit limit, and preferred currency
  5. Once you have completed filling in all these details the welcome bonus’ promo code gets entered automatically
  6. That will be the final step and you can now submit the registration process.

As a rule, all new accounts should be verified. The verification process is there to prevent fraud and ensure a smooth betting experience. To verify your account, Betfair requires some documents which should be sent to customer support. You should upload a photo of your ID or passport, and proof of address. Once verifies use your Betfair login and access your account

Markets and Odds

Betfair is popular in the UK for its online gaming platform and many television advertisements. They are known as one of the best online cricket betting sites. Being one of the biggest and most active betting exchange platforms Betfair has a lot of experience in online betting. Their website has a great presence across a great number of markets including:

  • American Football
  • Basketball
  • Baseball
  • Boxing
  • Football
  • Horse Racing

They even provide sports betting markets for smaller sports such as volleyball and floorball. You also get the chance to bet on unusual markets like politics and TV shows. Apart from providing a wide selection of markets, Betfair has many betting options in store for you. This bookie lets you see various leagues with all variations. So you can bet on popular leagues like the European football league and smaller ones from different countries.

Other than the basic odds offered on all matches Betfair has some extra odds for you. You get to choose between fractional and decimal odds and these settings can be made from the home page. The odds provided by Betfair are competitive with what other bookmakers offer. For instance, football odds range from 88.5% to 94.4%.

Live Betting, Live Streaming and Cash Out

The Betfair live betting section does indeed have a lot to offer from a wide array of matches to cash-out features. You will find a generous selection of markets in the live betting section on this bookie. Additionally, you will always find something to watch live at Betfair. This bookmaker makes it possible for you to stream football, cricket, horse racing, tennis, snooker and much more. To separate the list of in-play markets and the ones available for streaming you just have to filter the main live betting section. Betfair makes it possible to view live events that will be taking place within a few days to come. The feed quality of live streaming is great and you can watch your favourite sports on any screen size. You will find all the streaming services on Betfair mobile and this is really exciting news for mobile punters.

Betfair Sports Licences and Coverage

Betfair can be ranked as one of the most secure and reliable iGaming platforms. The company has gained a lot of good reputation in the UK and worldwide. When you visit other bookmakers you will only see two licenses but Betfair boasts a large list of licenses. All these licenses ensure that the activities of this bookmaker are regulated and fair and that the sportsbook promotes responsible gambling. Betfair holds permits from:

  • The UK Gambling Commission
  • Malta Gaming Authority
  • Agenzia Delle Dogane e Dei Monopoli
  • Dirección General de Ordenación del Juego
  • State Commission for Gambling
  • Danish Gambling Authority
  • Official Național Pentru Jocuri de Noroc

They also hold a certificate from eCOGRA which sees to it that all games and winnings are 100% fair.

Customer Support

Betfair's customer service is very reliable and many experts give it a high rating. Customers have the option of getting in touch with the representatives via many options like email, telephone, live chat and social media handles. If you do not like fancy direct communications you can opt for a FAQ section that is well-detailed. The live chat feature is available 24/7 and you will always get an instant reply. However, it’s recommended that you only send them an e-mail if your query is not urgent. This is because e-mails get replied to within a day or so. Betfair’s customer support representatives are polite and knowledgeable in solving all problems efficiently.

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Betfair Mobile - Android and iOS Apps Review

Betfair has something in store for all mobile punters. If you like wagering on the go, you will be happy to hear that there is a dedicated Betfair app. These apps are available for both Android and IOS devices. The apps work efficiently to provide a gaming experience that is similar to the one provided on the desktop website. In fact, they have gone further to add unique features like a full market depth and favourite settings.

  • Mobile browser

    Mobile browser

    Register
  • iOS Devices

    App store icon
    Download at App Store
  • Android

    Google Play icon
    Download at Google Play

Mobile Version - How Does It Perform?

If you do not want to install another app on your mobile device, worry not. Betfair has a modern mobile site that is ready to cater for all your needs as a mobile bettor. The mobile site has done a great job so you don’t have to install the app on your phone to enjoy betting on the go. To access the Betfair mobile site simply go to any browser on your device and search for Betfair. Once you have accessed the mobile site you can start wagering on any sports of your choice. The site is an accurate presentation of the original website, with a similar layout, design and theme. You get to enjoy quick service since the site does not require your device's memory.

The sports are arranged in a logical manner which makes navigation easy. You can easily switch between soccer, tennis, horse racing, cricket, and other betting options. Betfair also avails its live betting feature on the mobile site alongside live streaming. On visiting the mobile website you will find quick links on the home page. These links take you to major sports events offered on Betfair. To enjoy all these go to your browser and start betting on the go.

Android App - How To Download the APK?

The Betfair Android app is known for its accessibility, user-friendly, and simple stylish layout. Online bettors like apps that are fast and convenient. This Android app will let you log in, find your favourite sport, and place your bet within minutes. It’s even possible to stream all the major matches including horse racing on your mobile device. Downloading the Android app is easy, here is a description of the download procedure:

  1. Go to the Betfair mobile website and create an account/log in
  2. You will see the Android download button on the homepage
  3. Click the button and the app will be downloaded instantly
  4. The app automatically installs itself on your device

iOS App - How to Download on An Apple Device?

The iOS app is similar to the Android app in terms of how easy it is to use. Regardless of the device you use, you will be able to enjoy Betfair’s products and services. To start betting on your iPhone or iPad download the iOS app and find exciting markets. The good thing about this app is that you can download it directly from Betfair mobile site. To download follow the steps below:

  • Open Betfair mobile site on your device’s browser
  • Sign up for an account or log in to your existing account
  • Choose the iOS app and select download
  • The app will download and install itself within seconds

How to Start Betting on A Mobile Device

1
Download the App

Visit the app store or the bookmaker's mobile site and download the app.

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2
Register with our promo code

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FAQ

How do I Close My Betfair Account?

If you would wish to close your account for whichever reason, it is advisable to get in touch with the customer service team. Note that once you close your account you can re-open it so you should consider your decision. If you are not sure about closing your account you can self-exclude yourself from Betfair for some time or permanently.

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Does Betfair UK Offer Bet Insurance?

yes, most bookmakers provide Acca insurance but this bookmaker has taken things to a higher level with Acca Edge. This bet insurance applies to an accumulator that consists of 3 selections or more. If one selection fails you Betfair offers you money back. This is simply the best bet insurance in the online gambling world.

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How do I Withdraw Money from My Betfair Sportsbook Account?

If you want to withdraw funds from your account click on “My Account” and select ‘My Betfair Account’ from a drop-down menu that will appear. Click on the ‘Withdraw Funds’ icon and enter the amount you would like to cash out. Remember that funds can only be withdrawn from the main wallet.

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Can I Cancel My Bet at The Betfair Exchange?

No, once the operator confirms your bet placement, you can’t change the terms of that bet. Again you cancel or withdraw from the bet no matter your reasons. So the next time you place bets at Betfair you better be careful to avoid mistakes.

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How Do I Create Accumulator Bets at Betfair?

To place an accumulator you should navigate to the multiples betting tab. This tab can be found on the left-hand side of the homepage. Once you click that menu you will see all available multiple groups and you can choose the one you want to bet on. Enter the amount you would like to stake and place your bet.

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What Is a Betting Exchange?

A betting exchange is a platform/marketplace where bettors place bets against each other rather than against the bookmaker.

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