Betfair Review and Rating - Is Betfair Reliable?

Betfair Expert Review - April 2024

Betfair is known to be different from other traditional sportsbook companies, which is why professional punters love its platform. The company provides all its services to punters worldwide, but the most prominent player base is from the UK market. Betfair is a part of Paddy Power Betfair plc, offering interesting betting products like a Betfair casino and the world's biggest betting exchange. Betfair Exchange is straightforward and an excellent 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 Betfair's massive variety of sports and markets. 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 valuable services like live streaming and cash-out features. You can even livestream horse races, which are not easy to find in other sportsbooks.

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. You can still participate in other promotions 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 - KYC Checks

Betfair has made account registration easy because customers only have to complete a single-page form. The process is simple and 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, a 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; you can now submit the registration process.

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

Sports Betting 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 significant presence across a great number of markets, including:

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

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

Betfair has some extra odds besides the basic odds offered on all matches. You can 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 offers much, 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 lets you stream football, cricket, horse racing, tennis, snooker and much more. You have to filter the main live betting section to separate the list of in-play markets and those available for streaming. Betfair makes it possible to view live events that will take place within a few days. The feed quality of live streaming is excellent, and you can watch your favourite sports on any screen size. You will find all the streaming services on Betfair mobile, and this is inspiring news for mobile punters.

Betfair Sports Licences and Coverage

Betfair can be ranked as one of the most secure and reliable gambling platforms. The company has gained a good reputation in the UK and worldwide. You will only see two licenses when you visit other bookmakers, but Betfair boasts many 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 an eCOGRA certificate showing that all games and winnings are 100% fair.

Customer Support

Having reliable and responsive customer service is high on my and other punters' priority list. So, how does Betfair fare in this area? Let's break it down.

Multiple Contact Options: Betfair ticks the box for variety, offering multiple ways to get in touch. Whether you prefer live chat, a quick phone call, sending an email, or even reaching out via social media, they've got you covered.

Live Chat for Speedy Replies: Need a fast answer? The 24/7 live chat feature is your best bet. I've used it and found the agents responsive and helpful, providing instant solutions to my queries.

Detailed FAQs for Self-Service: Not a fan of direct communication? No worries! Betfair boasts a well-organized FAQ section with answers to the most common questions. Take some time to browse it – you might find the answer you're looking for without contacting them directly.

Email for Non-Urgent Inquiries: Need to raise a less urgent issue or prefer written communication? Then sending an email is a good option. While their response times aren't instant, I've typically received replies within a day or so, which is reasonable for non-urgent queries.

Knowledgeable and Polite Reps: Customer service representatives are consistently praised for their knowledge and politeness regardless of your chosen contact method. They take the time to understand your issue and work efficiently to resolve it, which we punters appreciate.

Available Payment Methods

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. 

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 similar to the one provided on the desktop website. They have added unique features like a complete market depth and favourite settings.

How to Start Betting on A Mobile Device

Conclusion - What We Think

Betfair was established in 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 to introduce the betting exchange and other services, such as in-play betting. Enticing promotions and a wide range of payment options accompany this. 

Betfair stands tall as a top-tier betting haven for the UK's enthusiasts. Betfair has set a gold standard in strategic wagering with its superior odds, innovative features, and user-friendly mobile apps. Whether you're a seasoned bettor or just starting, Betfair's comprehensive offerings promise a journey filled with excitement, insights, and rewarding opportunities. So, we recommend you elevate your betting experience with Betfair.