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Under Review for the 2014/15 season
Customer support is available from Betfair for any help you may need along with their great online tutorials on how to use the website features.
Betfair was created in 1999 and went on to become the world’s leading online betting exchange. Today they offer a full range of gaming and betting products to customers in over 100 countries. In 2013, Betfair launched their fixed odds Sportsbook that runs alongside the Exchange.
Betfair Exchange: Betfair brings over 950,000 customers together on their Betting Exchange, providing opportunities for bettors to bet against each other. Exchanges work in a unique way by letting people choose to bet on (back) or against (lay) an events outcome. Betfair generates revenue from this by charging a small 5% commission on a punters net winnings. This eliminates any financial risk for Betfair as they earn a commission regardless of the outcome. You can find out more on what Betting Exchanges are and how they work on our Online Betting Guide.
Betfair Sportsbooks: Just like traditional bookmakers Betfair now offer a fixed odds sportsbook, with 22 sports to bet on covering everything from football too volleyball. Betfair have included their brilliant in-play Cash Out feature that lets you control of your bets as they unfold, including on your multiple bets too. This allows punters to lock in a profit if your bet is going your way, or you can cut your losses if things are going against you. How many times has a last minute goal cost you? Thanks to ‘Cash Out’ you can put a stop to all that suffering.
Bonuses and Promotions: Betfair are giving all new customers one of the best Free Betting Promotions around, a free bet of £50 when they open a new account. It couldn’t be easier to claim, use the link below to open a new Betfair account. Once that’s done just make your first bet at least £5 and Betfair will match it up to £50, whatever happens with the outcome of your bet. Claim Your Free £50 Bet Here!
Betfair also have their ‘refer and earn’ scheme giving customers the chance to gain £25 in free bets by referring friends and family using a unique referral code. Your friends will also be eligible for a free bet of their own.
Overall Rating: Having a betting exchange account with Betfair opens up the doors to the exciting and lucrative world of online lay betting, with great odds and comprehensive early coverage available on a vast lineup of sporting events. Add their fixed odds sportsbook into the mix and Betfair becomes an essential tool for any serious punter.