Betfair Bookmaker Review
Betfair is one of the world’s largest betting exchanges. When you are placing bets on your favourite matches or events on Betfair, you are actually wagering against other members instead of the house or on its Sportsbook. When betting on an exchange, the user is both the punter and the bookmaker. Members set-up odds for different events while others can take up those odds and bet on them. Betfair does argue that this practice provides at least 20% better odds than your regular bookmakers. However, that’s not always true. Betfair also offers the Betfair Sportsbook which provides the regular bookmaker features with set market odds, for the average punter. Betfair offer an excellent sign up offer for all new customers; you can take advantage of the exchange risk-free bet or the Sportsbook bet £10 get £30 in free bets it is up to you. The Betfair website also offers great enhanced odds sign up offers for new customers which offer a huge amount of value.
Betfair is licensed and regulated in both Gibraltar and UK, so it’s governed by two of the top organisations in the online gambling industry which means it’s a trusted exchange.
Betfair Online Website (8/10)
Even though the orange colour may not be aesthetically pleasing, it does give the website a simple and neat look. There is a lot of information on the homepage of the website, but it’s presented in a clean and easy-to-understand manner so you can easily find what you are looking for on the website. You can easily find your desired market on the top menu which links to the , , Casino, Live Casino, Poker, and other betting markets on the website. The lower menu displays all the popular sports or games available for betting.
The right sidebar offers quick links to the hottest betting markets so you can place your bet without further delay.
For mobile users, Betfair provides a feature-rich mobile app. Both Android and iOS users can download the free Betfair app for their respective platform and place bets on the go.
Betfair Sports Markets (8/10)
Betfair may be charging you a bit higher commission than other betting exchanges out there, but it also offers better market depth than its competitors. Betfair’s sportsbook offers you the advantage of having great odds thanks to the exchange though, it also offers the same amount of markets if not more. Market depth is the key to success for any betting exchange because there won’t be any action if there aren’t people to bet against. Betfair does claim that Football, Tennis, and Horse Racing are three of the most popular sports on the website. However, they do offer a good selection of sports and events from around the world. The sports selection is much better on Betfair when compared to other bookmakers. You can also claim a sign up offer as a free bet for both the Betfair Exchange and the Betfair Sportsbook.
Markets include Football, Boxing, Cricket, Basketball, American Football, Bowling, Bandy, Cycling, Darts, Floorball, Golf, Greyhound Racing, Handball, Horse Racing, Ice Hockey, Rugby, Snooker, Tennis, Volleyball, MMA, Olympic Sports, Motor Racing, Pelota, and Winter Sports. Betfair also offers different markets on political events and reality TV shows.
Betfair Best Odds (9/10)
Betfair charges a commission on each winning bet within it’s exchange, it does not charge commission within it’s sportsbook though. Normally, bookmakers charge you 4.5% by shorting you on the payout for an even bet. Betfair charges you a 5% commission on each win. However, you get near 2.00 odds on an even match-up which means you are winning 50% of the time, so you are paying just 2.5% of commission on average which is far better than what you would find on other bookmakers. Also, you should keep in mind that the more you bet, the more points you will accumulate on Betfair. These points reduce the commission on each winning bet, so you get even more favourable odds than before.
Betfair Bonus and Sign Up Offer (8/10)
Betfair offers numerous bonuses for new customers. Deposit a minimum of $20/€10 and play with 3x the deposited amount on the sportsbook. Apart from sportsbook bonus, also gives new users a free £10 just for signing up and also matches first deposit 100% for up to £100. They have also made it very easy to use the Betfair free bet tokens which can be used directly from the bet slip. Poker players also get free tickets to the twister, exclusive tourneys, and 200% matching bonus on their first deposit. The Betfair sign up offers are extremely competitive and they often offer enhanced odds sign ups for big events.
Betfair Payment Options (7/10)
Betfair does not offer as many payment options as you would find on some of the top bookmakers, but it still offers enough for everyone to get their money loaded on their account. You can use Mastercard, VISA, POLi, Neteller, Skrill (Moneybookers), PayPal, Paysafecard, Bank transfer, BPAY, and Webmoney to deposit funds into your Betfair account.
You can use Neteller, Skrill, or Bank transfer for withdrawing your funds. Withdrawals usually take anywhere from 2-4 days depending on the payment option you choose.
Betfair Fair Play and Security (9/10)
You can put your mind at peace when depositing funds into your Betfair account because your payment and account security is the first priority for this bookmaker. Betfair uses 128-bit SSL VeriSign certification every time you log in to your account or make a deposit. This encryption ensures that your account is always protected and your money is secure all the time. Since the name already has “fair” in it, Betfair is trying to make things even fairer than anyone else in the gambling industry. Their casino also offers games which have no house advantage; this is taking the term “fair” to the extreme.
Betfair Customer support (8/10)
Betfair has a responsive customer support team that’s available seven days a week from 8:00 AM to 11:00 PM GMT. You can reach the customer support team by phone, email, or live chat. Support team offers quick responses to all your queries related to account registration, betting, payment options, etc. You might also want to check out their Frequently Asked Questions section to see if your questions have already been answered. Otherwise, customer support is just a message/call away.
Summary of the Betfair Website (8/10)
Betfair started its operations in 2000 and today; it has become one of the biggest betting platforms in the online gambling industry. Betfair is considered a pioneer in the betting industry. Betfair has evolved and grown to open offices all around the world and offer exceptional services for its users. If you are looking for the best odds for your bets then definitely check out Betfair. Betfair offer a great choice for all new customer and the fact they offer a new customer sign up offer for both the Exchange and the Sportsbook is fantastic, it’s well worth signing up for these offers and the fact it often offers the industries best odds.