- Huge betting exchange
- Excellent selection of football markets
- Live streaming feature available
- Fully functional mobile apps
- High exchange commissions
License holder:PPB Counterparty Services Limited
Betfair is not your traditional sportsbook. It’s primarily one of the biggest betting exchanges in the world. Betting exchange enables players to become bookies, not only bettors. With high liquidity and over 500 markets in football pre-match betting, it’s a go-to website for punters from all over the world.
Stay tuned and read why we think that is wise to register at Betfair and why we feel that this betting operator is one of the best betting sites UK. Read and explore an abundance of betting features in our honest Betfair review 2022.
Betfair disrupted the sports betting market in 1999 when they pioneered the first betting exchange. Users could set their own odds and experience how it is to be a bookie for the first time. Today, this operator is a part of Flutter Entertainment plc, an international sports betting and gaming operator who owns some of the leading global brands all across the world, including the UK, Ireland, Australia, and the USA.
Betfair betting site offers around 30 sports to bet on depending on the season, ranging from football, boxing, and tennis to esports, darts, and greyhound racing. Additionally, Betfair can also interest you in betting on current affairs, politics, movie awards, TV shows, and others. Thanks to the live streaming feature, live betting has an extra dose of adrenaline, keeping you on the edge of your seat until the end of the game.
Betfair is regulated by the Malta Gaming Authority (MGA) and the United Kingdom Gambling Commission (UKGC), plus several local licenses. The main focus is sports betting, but casino fans can also find their fun on Betfair’s website.
Alongside slots, progressive slots, table games, game shows, roulette, poker, and other casino titles, Betfair offers the most popular bonus among gamblers – a no deposit bonus rewarding you with 50 Free Spins. The game collection isn’t huge, but it has a variety of games powered by Playtech, IGT, NetEnt, Play’N Go, and other good-quality providers.
Design and Navigation
When you first enter Betfair’s website, it can be a bit overwhelming due to the many menus and quick links on the site. However, if you’re used to traditional sportsbook design, you’ll know where to find what you’re looking for.
The color scheme and light theme may not be our choice, but the design is subjective and differs from person to person. On the other hand, the usability and functionality of the website matter the most and should work for a vast majority of customers. When it comes to this segment, we have no complaints.
Betfair’s betting platform is efficient and convenient to use, although we would like to see the betting slip incorporated in the right column and always to be fully visible. The current solution makes previewing all odds a bit challenging. In the left column, you can see featured leagues and quick links to the most popular section, while all sports can be viewed by clicking the All Sports on the top menu.
The odds format can be set to decimal or fractional, and the site is available in eight (8) languages: English, German, Spanish, Portuguese, Russian, Hungarian, Swedish, and Norwegian.
Betfair Registration Process (Step by Step)
Betting as an unregistered user isn’t an option in any sportsbook. To become a fully registered member of the betting site and place bets on Betfair exchange, you’ll need to open an account in a few simple steps.
Just follow the instructions below, and you’ll be ready to bet in just a couple of minutes.
Step 1: Click the Join Now button in the upper right corner.
Step 2: Enter your details – gender, first and last name, date of birth, country, address, mobile phone number, email address, and password. Under the Account Details, you’ll also have to choose a security question to secure the account additionally. In this step, you can also set the deposit limit if needed. Click the yellow Join Now button.
Step 3: Deposit and play.
Before withdrawing any money, you’ll have to verify the data entered in the registration form by submitting documents that confirm them.
Betfair Bonuses and Promotions
Betfair has a little bit of everything for everyone in the promotion segment. Starting with welcome bonuses for both sportsbook and casino players to referral awards and boosted odds. However, some bonuses are available only to bettors from certain countries, so we always advise our readers to check Bonus Terms & Conditions for detailed information.
Welcome Bonus for New Customers
All newly registered sportsbook bettors can get up to £100 in Free Bets using the promo code ZBBC01. After the first deposit, players need to place five single bets worth a minimum of £10 each, with the odds of at least 1.50 to get a £20 free bet.
Once the bets are settled, the bettors get £20 of free bets. The whole process can be done five (5x) times, bringing you a maximum of £100. Bets need to be placed and settled within thirty (30) days of opening the account, and awarded free bets are valid for thirty (30) days.
One more crucial thing to know is that only deposits made with Apple Pay or debit cards qualify for this promotion.
A real treat is waiting for casino players in Betfair. New users can enjoy a no deposit bonus reflected in 50 Free Spins with the code CASF51. The only thing players need to do is complete the phone number verification.
Spins can be used in the Dynamite Riches or selected Daily Jackpot games. The awarded spins are worth £0.10 per spin, and their expiration date is seven (7) days after being awarded.
Other Sportsbook Promotions
Betfair offers a number of promotions for regular players. But since the operator can change the promotions at any time, we suggest you check the current promotions directly on Betfair’s website.
Daily Rewards can be found as £5 Free Bets on multiples. If you bet £20 on multiples or bet builders with the minimum odds of 1.50, you’ll get a £5 free bet that has to be used within 24 hours.
Boost Your Odds promo is available in different sports, depending on the events on a given day. Using the boosting token will increase the odds, making your bet more profitable in the case of a win.
As mentioned briefly in the introduction, Betfair has an important feature that differs it from many other operators – a betting exchange. It’s a virtual place where players can have a role of a bettor or a bookie, and the operator is here to act as a middleman and provide the platform for doing so. Many punters come back to Betfair regularly because the platform has high liquidity, meaning that it has good market depth and the chances of your bets being matched are high.
The traditional sportsbook offers around 30 sports, depending on the time of the year. Football fans will be happy to hear that there are over 500 football markets in pre-match betting in most popular leagues, including Correct Score, Corners, Players Specials, Alternative Handicaps, Cards, and so on.
The Bet Builder feature can help players make a winning bet in pre-game and live matches, while the Cash Out option can be used in full or partially. Betfair is one of the rare betting sites UK that offers a bet builder feature, while others are Bet365 and William Hill.
Betfair also offers an interesting telephone betting feature to users from the UK, Ireland, and Australia.
However, one major drawback for the operator who has been on the market for so long is the lack of Asian Handicap. This widely popular market is a favorite of many punters, and it’s the main reason we didn’t rate Betfair with the highest rankings in this segment.
Odds and Margins
The overall payout in Betfair is around 93%, with football odds higher than the other sports. Other top online sportsbooks 2022 have better payout rates, although they don’t offer as many additional features as Betfair does. Most of them also don’t put a lot of thought into promotions or selection of markets, so it all depends on what’s more important to you.
In addition to football, solid odds can be found in some tennis and basketball markets and NFL. Less popular sports have higher margins and lower odds.
If you aim for lower margins, check out the betting exchange where you can bet against players. While testing the site, there were some fantastic odds and payouts of more than 99.5%. Keep in mind that Betfair charges commission on winnings bet, around 5% in Ireland and the United Kingdom, and 7% for the rest of the world.
Betfair Live Betting
Betfair live betting is available in the exchange and the sportsbook. The platform hosts over 25,000 live events every month, and many of them have the live streaming option. Other events have a graphic preview with match stats. We were pleasantly surprised to see over 100 live betting markets in tennis. However, no sport beats football when it comes to popularity and selection of betting options.
Fans of esports can also place live bets, but at the time of testing, the selection of live markets for CS: GO, LoL, Dota 2, and Rainbow Six wasn’t that great. But, since Betfair has rightfully deserved its place on the list of the best online sportsbooks, we believe they’ll improve this section even more in the future.
The live platform itself is solid, with a clear and user-friendly interface. We didn’t notice any twitching or lagging, and the bets were accepted relatively quickly.
Betfair Mobile Betting
Mobile betting is becoming a preferred playing method for many bettors who love having their sportsbook just a click away. All customers who opt for Betfair, no matter if they use an Android or iOS phone, will be able to choose between two options for mobile betting.
The first option is a mobile-friendly version of the website, optimized to suit mobile users. It resembles the desktop version but on a smaller scale and provides all the features needed for a smooth betting experience.
If you’re a regular punter, we suggest you download a native iOS or Android app, depending on your phone. Also, be careful when installing the app since both platforms have two versions. One is a sportsbook app with the odds set by the operator, while the other is the betting exchange app.
iPhone users can download the apps directly from the Store, while Android apps have to be downloaded from Betfair’s website.
The deposit and withdrawal methods selection isn’t massive, but it should be enough for an average bettor.
Those who prefer traditional deposit methods can fund their account via Visa, Maestro, or MasterCard payment cards or do a bank transfer. Other deposit methods include PayPal, Skrill, Neteller, ecoPayz, Trustly, Sofort, Much Better, Apple Pay, Web Money, Rapid Transfer, Paysafecard, etc.
All players should bear in mind that not all deposit methods can be used for withdrawals. Also, depending on the player’s geolocation, some methods might not be available for use. The safest way to check is to log into your account and click the Deposit button. There you will find a list of all payment methods available in your region.
Cryptocurrencies aren’t accepted as a payment method in Betfair.
If you encounter a problem while opening an account, depositing, or playing on Betfair, you can search for the answer in the FAQ section by clicking Help in the website’s footer. If your problem is more significant or not covered in the FAQ, you can always contact customer support.
Agents are available 24/7 via live chat or email (firstname.lastname@example.org). There is also an option of contacting them via the phone number, which is different depending on the country. However, not many customers use this option. One crucial piece of info is that you might wait until your request gets solved, especially if you’re contacting them in the prime-time (weekends or evenings).
Betting License, Safety & Security
Malta Gaming Authority and UK Gambling Commission are known as top regulators in the industry, and Betfair has earned both licenses. Every complaint raised by a player is handled by these regulatory bodies who take care of fairness and the treatment of the users.
Betfair is also ISO27001 certified, holding an Information Security Management certificate for security management, policies, standards, and procedures that protect the customers. Betfair’s PCI certification relates to safe payment transactions, so all data is encrypted and protected from third parties.
Conclusion & Rating
Betting exchange, live stream option, hundreds of football markets, mobile apps, decades of experience in the market… All of this contributes to Betfair being one of the safest bets when it comes to choosing a sports betting operator.
Take advantage of the fantastic features Betfair has to offer and claim your free bets worth up to £100!
OVERALL RATING: 74/100
Is Betfair sportsbook safe and legit?
Of course, it is. We have already mentioned several times that Betfair has several licenses for sports betting, the most popular of which are without a doubt UKGC and MGA. That is a good indicator of how serious the betting company is.
Is it Betfair live chat available 24/7?
It is. Betfair has a very high-quality customer support team, which is available to customers 24/7. In addition to the live chat option, players can visit the detailed FAQ page, as well as contact the bookmaker via email and phone.
Can I download Betfair app for iOS operating system?
Betfair exchange offers its users two versions of the mobile app for Android and iOS operating systems. Both of these applications are very high quality and offer users all the options they can use on their desktops.
What is the current Betfair sign up offer?
Any newly registered user who decides to open an account in the Betfair exchange can count on a very tempting welcome bonus reflected in free bets. In addition to this bonus, Betfair UK regularly surprises its members with various exciting promotions.
Do I need to have Betfair promo code?
Yes, you need it. But don’t worry. In our review, we have listed which promo codes are required for sports betting and online casino so that you can look for them once again in our article. With these codes, you get your bonuses without any problems.