Betfair is an online UK betting exchange site and has been running since the year 2000. Unfortunately, due to betting restrictions in the USA, Betfair can only allow bets to be made from those customers on a restricted basis. That being said the sportsbook site is available to players from other countries worldwide. In order to cater to international customers the site can be translated easily into more than 10 languages. New players can take advantage of bonuses that are specific to them, such as a £25 welcome bonus. Existing and loyal customers will also see many bonuses available to them on a daily basis. Registered players can place bets on a wide range of sports. These range from soccer and American football to cultural and less well-known sporting events such as the Gaelic Games.Prior to large events such as Formula 1 and the Grand National, customers will find the site offers many promotions themed to that sporting event. These can include free bets. Available excellent customer support facility where players can contact the team 24 hours a day by email and telephone.
Completely unique in the Australian sports betting market due to their exchange betting system. They were the original creators of exchange style betting. This allows punters to back and lay unlike traditional bookies who only allow you to bet for a result. Unlike other bookies Betfair doesn’t take a position against your bet rather they take a 5% cut on all bets that you win. You can qualify for a discount on the 5% charge based on the amount you spend through them.
Exchange System – Bet against other punters.
Access to bet history & stats.
Moderated in-play betting
Betfair doesn’t offer bonus offers on a regular basis. They rely on having good odds via the exchange and taking a cut of each bet. There is a bonus for sign-up but almost no ongoing bonus. They would rather offer their discount system rather than having random bonuses.
Betfair doesn’t offer bonus offers on a regular basis however right now they are currently offering a $200 no lose bet for anybody who opens a new account with them via Betting Guru.
Range Of Markets
Betfair has a massive range of markets perhaps not as large as Sportsbet.com but they certainly cover all the recognized sports and events. They also have Financial bets that we have not seen at any other bookie in Oz.
The layout is very good. The site had a big update in 2011 and a few great navigation features were added. We value the “next 3 races” tab which loads the next 3 races by starting time. If you are a keen racing punter you will find that this saves you quite a bit of time. There is also a special links section which has the biggest/most popular events which is great for recreational punters who just want to bet on the stuff they are likely to watch. The site also manages to have good navigation between bet types and different markets of the same event which is a big feat considering the range.
Service & Support
There is a great help page which has video lessons which can be used to figure out everything you need to know. Phone help is brilliant and they will take the time to explain every detail of the exchange system. Live help is not available so that becomes the only area they lose points for this section.
Betfair has expanded to offer Tote betting and exotics but the main function of the site remains the exchange so it would be unfair to mark them down for having less bet types than the other bookies. We recommend that you sign up to both Betfair and another standard bookie as a package rather than having to choose one over another. This will mean you can select the best odds at the time from the 2 agencies.
Mobile Apps: iOS, Android, Windows Mobile
The Betfair App is an easy to navigate app that has a number of great features. On the homepage it gives you the option of the Sports or Racing sections on the site and once you click on these buttons it will bring you to the top market on Betfair at that time. It has the same functionality of being able to back and lay your bets as on the full site and is the Betting Gurus favorite app on the market. This is a must app for anybody who considers themselves a serious punter!