Betfair is the largest betting company in the UK and for good reason. Offering great odds and boasting the world’s largest and most sophisticated betting exchanges, Betfair has really become one of the best betting sites around.
We are quite well experienced with Betfair’s betting site here at Bookies Bonuses and a few of us have an account with them. However, like all good things there are always a few drawbacks and we have tried our best to make a note of them in the following review in case they were to adversely affect your betting strategy.
One of the first things to know about Betfair is that it’s definitely a darling of the UK sports market, something you can tell as soon as you look at its sportsbook selection - which offers a wide selection of football odds and other British sports odds. The only slight downside of this is that sometimes not all live streaming is available if you are outside of the UK.
When it comes to welcome bonuses Betfair are a good choice, offering three types of sports betting welcome bonuses.
Its marquee feature though is undoubtedly its betting exchange which is called the Betfair Exchange. It was the first, and remains the best betting exchange market in the world. This exchange allows you to play against other punters rather than Betfair. Meaning they don’t have to set the odds in their favour and instead charge a small fee on winning bets. This means better odds for you. We recommend you take a look below at our Betfair Exchange section to find out more.
Betfair’s live stream is also one of the best in the market. It might not quite be up there with Unibet or Bet365’s services but it is definitely good enough.
When it comes to its Casino selection, Betfair also offers a wide selection with different types of games as well as a lot of different campaigns and bonuses on offer.
When it comes to Poker, we recommend the welcome offers which are some of the best around. Betfair’s poker section is connected to the iPoker network and offers a number of different tournaments.
Betfair free bets & cashback
Betfair offer new customers a choice between a welcome offer for the Sportsbook or the Betfair Exchange.
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.
In order to qualify for your Betfair free bets follow these simple steps:
- Click on the "claim"-button.
- Open a new account with the promo code ZBBC01.
- Place 5 single bets of at least £10.
- You'll receive a £20 Free Bet.
- This process can be repeated 5 times for a total bonus of £100 in Free Bets.
Terms and conditions for the Betfair free bet
- Only available for customers from UK & Ireland.
- Free Bets will be credited within 24 hours of completing the qualifying requirements.
- Free Bets are valid for 30 days.
Betfair Exchange Welcome Offer
Another option for new players is a cashback of up to €1000. Now it’s really important to know that this is just for Betfair Exchange, which we really recommend you read a bit about before you take the plunge.
New customer offer, Cashback (max €1000) based on Betfair points target achieved on sports over first 30 days’ activity. Fixed Odds bets excluded. Other exclusions and T&Cs apply.
Right, so if you’ve read our section about the exchange, here is what you have to do. It’s pretty simple:
In order to qualify for your Betfair Exchange free bet follow these simple steps:
- Click here or on the link above.
- Set up a new account with Betfair using the promo code EXCACR
- Reach tiers and earn cashback based on your Betfair points collecting during the first 30 days.
Terms and conditions for the Betfair free bet
- This offer is only for the Betfair Exchange
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Betfair Casino bonus
New customers in the Betfair Casino get a matched bonus of 100% up to €100.
100% up to €100
Minimum buy-in: €10
Wagering requirement: 45x
To claim the welcome offer, follow these steps
- Click the "Claim"-button.
- Create an account with Betfair.
- Deposit a minimum of €10 and claim the bonus.
Terms and conditions Welcome Offer
- Deposits made with e-wallets (Paypal, Neteller, Moneybookers etc.) are not valid for these promotions
- The bonuses are valid for a period of 7 days
Betfair poker bonus
New poker players at Betfair get a first deposit bonus of 200% up to £1200 as well as €15 in tournament buy-ins and €5 casino free bets.
For every 1250 Status Points you earn by playing poker at Betfair you unlock €10 of your deposit bonus. You have 45 days from your first deposit to redeem all of your bonus cash.
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Betfair was founded in 2000 and opened with it’s betting trading system called Betfair Exchange. It was an unmitigated success and soon Betfair had expanded its services to include sportsbook, poker and casino sections.
Betfair is synonymous with the betting exchange these days and really its focus remains with this service as it's what makes it unique compared to the rest of the competition.
The exchange is still the world’s largest and hosts five million transactions every day. Betfair has three million members and is offered in 17 different languages.
If you are a football fan, we are sure you’ll have seen Betfair’s logo every week, even if you haven’t realized it. They currently sponsor a number of teams, such as, Arsenal, Southampton, Leicester City and Barcelona.
If you live in the UK and you want to bet on sports then Betfair will be one of your top alternatives. It is focused on the UK sports market but offers a wide selection of global matches to bet on - as far reaching as the Uzbek football league.
What we also like about Betfair’s sportsbook selection is the wide selection of types of bet on offer - sometimes verging on the obscure. At Betfair you can bet on where a manager’s next team will be, the number of corners in a game or the league’s player of the season.
When it comes to Betfair remember it’s all about the exchange. If you are looking to bet on sports with Betfair then we highly recommend you try the exchange system. Start small, so you can get a feel of it. Once, you have got the hang of it, you’ll see that you can’t get much better odds. The only drawback with the exchange is that some of the smaller or lesser-known events might not be offered by any other punter. In this case, we would recommend trying the normal sportsbook selection.
Due to it’s focus on the UK market its football selection is one of the best. Betfair’s website might not always look the best, but we promise that it’s better than it looks! You’ll find almost all the leagues, matches and types of bets with Betfair.
We can’t say it enough , but of course you won’t find better odds when it comes to football betting than the Betfair Exchange.
If you living in the UK and enjoy betting on La Liga, Serie A or the Bundesliga then we highly recommend Betfair’s services as you’ll be able to livestream and live bet on the these games.
Betfair offers almost all the selection of tennis bets you would need, both before and during the matches. Tennis is also available on Betfair exchange, which especially good when it comes to the big tournaments as there will be more punters on the exchange. The payout percentage is also high.
Betfair offers a decent selection of cricket bets. They have all the major test matches, international twenty20s and The Ashes. However, in our opinion, it’s not quite as extensive as some of the other UK based bookies.
Betfair Horse Racing
We really like Betfair’s horse racing selection. Not only are the types of bets extensive but they offer live streaming and live betting on a huge number of tournaments and races. Betfair’s horse racing offering on the Exchange is also excellent and this type of betting market really suits the sport.
You can pick up lots of information on Betfair’s horse racing forum where you can also find all the results, schedules as well as lots of other things.
You also get some great promotions targeting punters who are interested in betting on the horse racing. You’ll never be stuck for races to bet on with Betfair, but if you are, then you can also virtual bet on horse racing.
Finally, there is Betfair’s timeform, a very sophisticated and complex system of ratings that access racing merit. Now this section is for real horse racing enthusiasts and if you are one of these, then we highly recommend you check out Betfair’s timeform section. The design isn’t always that slick but the content is excellent and they have some great analysts working for them.
Other sports at Betfair
Betfair has a wide selection of sports betting available. You can bet on anything from Rugby Union to British Politics. It is slightly more focused on the UK based sports.
Betfair betting products
With Betfair Exchange, customers bet against each other rather than against the 'bookmaker', which in this case would be Betfair. The odds are instead decided by the customers themselves, with Betfair taking a certain percent of your winnings.
A betting exchange works by allowing users to bet against each other on an event. For example, one user could bet that team A will beat team B (called 'backing' a bet), whilst another user will bet that Team A will not beat team B (called 'laying' a bet).
The odds are not set from the start, rather the users can chose the odds themselves and if another user matches their odds then the bet is underway. For example, a user bets on Team A to win at odds of 4/1. The bet is not placed until another user adopts the roll of 'bookmaker' and bets that Team A will not win.
Suppose that the first user bets £10. The profit on this would be £50 if the bet is accepted, minus the cut that Betfair takes on the profit. So the other user will pay the first user £50. If team A draws or loses, then the second user will take the first user's original wager of £10.
A clever user can take advantage of this form of betting by using so called 'hedging', which means that they bet on all potential outcomes. In this example, they would bet on team A to win and not to win. The success of this strategy would depend on choosing the right time when the odds are advantageous on both sides of the bet.
Read more specific information about Betfair Exchange.
Betfair are definitely are good choice if you are someone who live bets. What is most important to know is that the live betting service with Betfair works just as well on the Exchange as with the normal betting service. In principle you can bet on all the football matches available, as well as a number of other markets.
Betfair Live streaming
Betfair’s live streaming is easy to use and offers a wide selection of sports events. However, that is only really in the UK - outside of the country you’ll come across a number of geographical blocks which will rule out the major football leagues and some horse-racing events. So we definitely recommend you check the schedule that is available in your country if you are based outside the UK.
If you are in the UK, Betfair can offer you a wide range of matches from Europe’s top leagues including, Serie A, La Liga and the Bundesliga. You can also watch matches from other leagues like the Australian A-league and the Scottish Premiership.
If you are in the UK you can enjoy a really great selection of live streamed horse racing, including the Ascot, Doncaster, Newcastle and many many more in the UK as well as the US and South Africa. Again, the only drawback is that this service is very limited for viewers in other countries - please check the schedule before you sign up if you are outside of the UK and are interested in live betting on the horse racing.
We would definitely recommend Betfair’s live-streaming site if you are based in the UK and you are interested in the foreign football leagues or horse-racing.
Betfair Cash Out
Betfair’s Cash Out function is well built and easy to use and is available for most markets and matches. Cash Out is always a good function for punters who want to guarantee a win or cut their losses.
What Betfair does particularly well when it comes to the Cash Out function is to offer a partial Cash Out service which is called ‘Cash Out part of my bet’. This means that you can chose exactly how much you want to Cash Out before the event is over. Just keep an eye on the yellow Cash-Out symbol next to the match.
Betfair Price Rush
Sometimes Betfair can increase the odds on specific bets which they call a ‘Price Rush’. They do this by scanning the prices available in the exchange system and compare these with the sportsbook. If the odds are higher on the Exchange then there will be a Price Rush on the user’s bet in the sportsbook.
Betfair offer their own news and tips on their website. It’s an eclectic selection of features and news items on anything from the NFL to British politics.
There is a lot of great stuff on there but if you only have an interest in one market then it can be a little but hard to filter out all the rest of the stuff. We recommend you try and follow the columnists that you think write about relevant stuff on Twitter. Then you can click on anything they write in the future.
Betfair has a huge selection of casino games, divided into several sub-sections, with games developed by Playtech and you can find it all under the “Casino” tab. Under the “Arcade” tab you will find even more casino games from developers IGT and Nextgen, and under the tab “Vegas Slots” you will find online slots from William Interactive.
There is of course, also a VIP-program for loyal casino players. They have three different levels in the VIP-program; Gold, Platinum and Diamond.
Betfair live casino
They also have a live casino where you can play roulette, blackjack, casino hold’em, baccarat and sic bo. You decide if you want to play right there on the website, by mobile app or by downloading the software to your computer.
Betfair Exchange games
Betfair Exchange games is a unique mixture of the normal casino and odds betting. It’s really just the same logic as the normal exchange, where you can bet on a win or a loss. We like Betfair’s exchange games as it’s a fresh new approach that offers something a little different to the ordinary.
The Arcade section is very similar to the normal casino section with the main difference being that it offers games from lots of different developers. Many of the established developers, such as Net Entertainment, are represented as well as a number of unique ones to Betfair. If you are into your games, then we definitely recommend you to take a look.
Betfair uses the poker network ipoker, one of the largest in the world which can offer varieties for all players, regardless of level and poker game. Here you will find Texas Hold’em, Omaha and Seven Card Stud, to name a few.
The fact that this network hosts a high number of companies that are primarily focused on betting gives the more experienced poker players an advantage due to the lower standard of player using the network.
However the downside is that the network is not compatible with a Mac or Linux computer.
Betfair also has a VIP-club for their poker players with three different levels; Bronze, Silver and Gold. The more you play, the more points you will acquire and the higher you will climb in ranking. At silver level you get a 20% monthly cashback and at gold level you get a total of 35% cashback.
Betfair Virtual Sport
With Betfair’s section for virtual sport users that recreate the thrill of sports and mix it with the luck of casino betting. Betfair offers virtual randomly-generated casino games presented in the form of a sports game.
Nothing beats the real thing in our opinion, but this is still a bit of fun that could be worth checking out!
Betfair’s bingo section is well-built and easy to navigate. It offers most forms of bingo, including 75 or 90 ball bingo. If you want to get social then you can also bet in the casino and chat with other players in the bingo section. We also like the campaigns and progressive jackpots. They also have a great loyalty program. We rate Betfair’s bingo offering as one of the best around.
Betfair has really been at the forefront of the mobile betting trend. They put a lot of resources into mobile betting options with different apps and they also have a mobile version of their website. Betfair mobile betting is compatible with virtually every smartphone on the market; Android, iPhone, Blackberry and so on. Betfair for iPhone is compatible with all iPhones with 3G or later systems.
Betfair's Exchange App
We really like Betfair’s app. It is really user friendly and uses the same theme and design as all of Betfair’s apps. This makes it much easier for avid users like ourselves. We find the app easy to use and placing a bet on the exchange through this app is just as easy as on the their webpage.
Betfair's Casino App
Betfair’s casino app offers the same selection as the web page. The app, like all of Betfair’s is easy to use and is well designed. We also really like that fact that in the menu, you can find all the promotions currently available.
Betfair's Live Casino App
Betfair’s live casino offers users the opportunity to play against real dealers, in the same form that they offer on their webpage. We like this app because it’s equally easy to use for a long session as it is for a quick game.
Betfair's Poker App
Betfair’s Poker App is also easy-to-use and well designed. It also offers a wide selection of tournaments and games to chose from.
How do I claim the sign up offer from Betfair?
The easiest way to claim your signup offer from Betfair is to click on the link on our main page. It will be the green tab that says 'claim'
What is Betfair exchange?
An exchange is the most classical form of betting. Instead of playing the bookie, users bet against each other. The odds are determined by the market. A user can suggest a team to “win” a game at a certain odds. If someone disagrees, they can act as the bookmaker and back the team “not to win”.
How does the Betfair Cash Out work?
Basically like any other Cash Out. If the game you have placed a bet on is eligible for a cash out, it will be available on the bet slip. Using Cash-out might secure a partial win or save yourself from a loss, but remember that the payout generally is higher when avoiding the cash-out function.
What are Betfair Points?
Betfair Points are collected by betting on Betfair Exchange. No matter if you win or lose you collect Betfair Points. The more Betfair Points you collect, the less you pay in Commission on your winning bets.
What is acca edge?
Betfair offer users the option to insure their accas. If one of the bets in the acca (at least three games) loses, the user get the stake returned. In return, the odds of the acca is reduced. To use Acca Edge, the user must check the box on the bet slip before the bet is placed.
What is price rush?
Depending on the odds at the Betfair Exchange, the odds in the Betfair sportsbook can get a boost. This is called “price rush”.
What is the #oddsonthat campaign
This is a social media promotion that Betfair are running which encourages customers to ask for odds on a bet over twitter. If you want to place a bet that is not available on their site, then you can ask Betfair over Twitter. Let's use an example from the past (so this example is still relevant in a year!): Barcelona vs Real Madrid: you think Ronaldinho and Raul will score but Zidane will get a red card. Well you could log onto twitter and ask '@Betfair Ronaldinho & Raul to score and Zidane to get a red card #oddsonthat'. Betfair don't always give you odds but you'll have a good chance if it is a big sporting event.