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Betfair Review
YEAR EST. 2000

When it was established back in 2000, the Betfair betting exchange revolutionized online gambling. It gave bettors the ability to compete against each other based on a poker or stock exchange model. Players can bet with very high limits and also cover their wagers with more fair conditions compared to the Cash Out feature that traditional bookmakers offer. Professional bettors can use the exchange as a tool to follow market trends and sell their bets. The high liquidity almost guarantees that your bets will be traded. Betfair is up-to-date with the latest features, like Bet Builder and Request a Bet, and added a fixed-odds section, too. However, the sportsbook payout is below par. Although the market depth in the exchange is huge, it is not as it once was. The liquidity of less popular sports and leagues has decreased dramatically due to the inability of some countries to regulate the betting exchanges, which forced Betfair to exit strategic markets. Moreover, the commission fees are relatively steep compared to other exchanges, such as Matchbook or Smarkets. There are additional charges if you are a very successful trader. Overall, if you are looking to bet on the exchange, then Betfair is unrivalled to any other company.

With 20+ years of experience, Betfair is the biggest betting exchange globally, and it also offers the services of a traditional sportsbook. In 2016, it merged with Paddy Power and today is operated by Flutter Entertainment, which also owns Skybet and Pokerstars. The company holds licenses from the UKGC and the MGA and has acquired several local ones, namely in Australia, Sweden, Italy, and Spain.

The Betfair bookmaker is known for forming strong partnerships. It announced sponsoring Vasco de Gama and Cruzeiro, while it used to have deals with Barcelona, Arsenal, Juventus, and many more. Former Premier League legend Dimitar Berbatov, along with horse racing experts Paul Nicholls and Kevin Blake, acted as the brand’s ambassadors.

The betting site accepts bettors from more than 50 countries, but different restrictions apply if you want to bet on the exchange or the sportsbook. The main highlights are the ability to back and lay bets at the exchange and the hundreds of football and horse racing options daily.

Total Score


Betting Markets 7.5

Odds 8.3

Live Betting 8

Reliability 9

Payment Methods 8

Withdrawal Speed 8.5

Customer Support 8.2

Bonuses 7.5

Mobile 8.5

Sportsbook Experience 8

Players Rating: (12 Rates) 8.1

How the total rating is calculated

Why choose Betfair
The biggest betting exchange
  • Multi-licensed
  • More than 35 sports
  • Cards & Corners
  • 100+ live tennis markets
  • Live Streaming
  • 150+ horse races daily
  • Telephone betting
  • High winning limits

Betfair Exchange Review

Launched in 2000, the Betfair betting exchange operates as a middleman for players to place bets against each other. In simple words, it lets you act as a punter or a bookie. On the one hand, there are bettors who want to buy (back) a selection and, on the other, those who want to sell it (lay). If both parties ‘’agree’’ on the odds, then the bet is considered matched.

The Betfair exchange makes money from the commission it charges on winning bets, which starts from 5% in the UK and Ireland and rises up to 7% in other countries. While wagering, you can collect points and qualify for a discount on the commission. We have a dedicated article on the subject called Betfair Commission Explained.

Betfair is not the only betting exchange in the world but it is the one with the highest liquidity. Liquidity, or market depth, is the total amount of money that you can bet (back or lay) at the corresponding odds. High liquidity means a bigger chance of your bets being matched. All the major markets for the most popular sports are covered in the exchange.

You can back or lay more than 150 football selections, including Over/Under, Cards, Corners and Player Specials. In horse and greyhound racing, players can bet for or against markets like Win, Each Way and Forecast. The minimum bet amount is set at £2. You might want to familiarise yourself with the Betfair trading strategies before you set to place these unique bets.

Betfair Sportsbook Review 

Betfair is a popular betting exchange, but since 2012, it offers a regular sportsbook, too. It contains 35+ sports, ranging from football and horse racing to cycling and futsal, with an overall payout of 93%. The football odds are slightly higher than the sportsbook’s average, and there are more than 500 markets at hand. Players can wager on Cards, Corners, and Players' Specials, but no Asian Handicaps. In tennis, you can find more than 40 options, including Alternative Handicaps and Correct Score.

The horse and greyhound sections at the Betfair sportsbook contain more than 150 races every day from several countries like the UK, Ireland, Australia and the US. There are Enhanced Odds and Extra Places paid on the top UK and Irish races on a daily basis. Players can place ante-post wagers well ahead of time alongside Special bets such as Top Jockey and Winning Distance. 

Live Betting at Betfair

Both the exchange and the sportsbook have a live betting section, as well. The odds in the exchange are better, but in secondary leagues, the liquidity is often not high enough to match your bets. It is better to have it as an alternative. The in-play offering at the fixed odds contains more than 25,000 events every month. In football, the payout is average.

With the Fast Markets, you can bet on a Goal, Card, Penalty, Corner, or Free Kick to happen in the next few minutes of a match. The Betfair sportsbook also allows live betting on horse racing. You have more than 100 options in tennis, including Alternative Game Handicaps and to Win the Next Point. The bet acceptance time is fast. Our Betfair review determined that all wagers are taken within 3-4’’.

Betting Features

The Betfair bookmaker provides bettors with an extensive range of features. Cash Out can be used in Full, Partial, or Auto forms in both the sportsbook and the exchange. Players can request odds on Twitter by using the hashtag #OddsOnThat. Live Streaming is available for many sports and leagues, namely La Liga, Bundesliga, the NBA, and the major Grand Slams in tennis.

If you want to watch a horse or greyhound race live, you must have placed a minimum of £1 in the sportsbook and £2 in the exchange. There is also a Radio Service that hosts podcasts with daily tips on the best horse and football events. Finally, the Betfair Bet Builder feature can be utilized both pre-match and live to add selections from the same event into your betslip.

Other key information

Online sportsbooks, especially as big as the Betfair bookie, pay attention to many other aspects. The website is easy to navigate with a smartphone, and there is a Betfair Sportsbook apk for Android and iOS devices. Customer Support can be reached 24/7, in English, German, Italian, Portuguese, Russian, and Spanish, via email, phone or Live Chat. Telephone betting is also an option, as long as you wager £50 or more.

Bettors can perform payments with Visa, Mastercard, Skrill, Neteller, and PayPal, among others, but commission fees may apply in both deposits and withdrawals. Make sure to check the terms of the Betfair Deposit Bonus to ensure you qualify for one. The winning limits are high; you can earn up to £1,000,000 on the top football and horse racing events.

Betfair Info
Year established
Online Since
License Holder
PPB Counterparty Services Limited
Related Companies
Betfair Casino Ltd, Betfair International PLC, Paddy Power Betfair PLC, Polco Ltd, Power Leisure bookmakers Ltd, PPB Entertainment Limited, PPB Games Ltd, PPB GE Ltd
PO Box 34467, London W6 9WS, United Kingdom
Operating License
Malta, UKGC
Local Licenses
Australia, Colombia, Denmark, Italy, Romania, Spain, Sweden
Bookmaker Type
Betting Εxchange

Betfair Deposit Methods

  Charge Min. Deposit
VISA Free of charge €6
Mastercard Free of charge €6
PayPal Free of charge €10
Paysafecard Free of charge €10
Skrill Free of charge €10
Neteller Free of charge €15
EcoPayz Free of charge €10
Trustly Free of charge €10
Sofort Free of charge €10
Bank Wire Free of charge €15
Muchbetter Free of charge €10
Apple Pay Free of charge €5
Euteller Free of charge €25
Giropay Free of charge €10  

Betfair Withdrawal Methods

  Min. Withdrawal Time
VISA No limit 2-5 days
Mastercard No limit 2-5 days
PayPal No limit Up to 24 hours
Skrill No limit Up to 24 hours
Neteller No limit Up to 24 hours
EcoPayz €10 Up to 24 Hours
Trustly No limit 2-5 days
Sofort €10 Up to 24 Hours
Bank Wire No limit 2-5 days
Muchbetter No limit 2-5 days
Betfair Pros
  • Biggest Betting Exchange
  • 20+ Years Experience
  • Multi-licensed
  • 35+ sports
  • 500+ football markets pre-match
  • Card & Corner bets
  • More than 100 live tennis markets
  • Bet Builder & Request a Bet
  • Full, Partial & Auto Cash Out
  • Live Streaming
  • Exchange demo account
  • 150+ Horse races daily
  • 24/7 Customer Support
  • Telephone betting
  • Sportsbook & Exchange mobile apps
  • High Winning Limits
  • VIP Program
Betfair Cons
  • Many restricted countries
  • High Exchange Commission
  • Premium & Turnover Charges
  • Below par payout on sportsbook
  • No Edit Bet
  • Broadcast delays up to 5’’
  • Slow Customer Support
  • Fees on deposits & withdrawals
  • No Cryptocurrencies
More information about Betfair

Betfair Support

Support channels
Email, Live Chat, Telephone, Twitter
Support languages
English, German, Italian, Portuguese, Russian, Spanish

Betfair Betting

Min. Bet
Max. profit
Type of odds
American, Decimal, Fractional

Betfair Odds


Betfair Login

Ask trader, Bet Builder, Cash out Auto, Cash out Full, Cash out Partial, Increased Limits by Trader, Live Streaming, Request a bet
Websites Languages
English German Italian Portuguese Russian Spanish
Restricted Countries
Afghanistan, Albania, Algeria, Angola, Armenia, Bahrain, Bangladesh, Belgium, Belize, Benin, Bulgaria, Burkina Faso, Cameroon, Canada, Chad, China, Cuba, Cyprus, Czech, Equatorial Guinea, Eritrea, Estonia, FYROM, France, Gambia, Georgia, Germany, Ghana, Greece, Greenland, Guadeloupe, Guam, Guinea-Bissau, Hong Kong, India, Iran, Iraq, Israel, Jordan, Kenya, Kuwait, Laos, Lesotho, Libya, Macao, Malawi, Malaysia, Maldives, Martinique, Mayotte, Mozambique, Myanmar, Netherlands, Nigeria, Poland, Portugal, Puerto Rico, Romania, Russia, Rwanda, Saudi Arabia, Serbia, Singapore, Slovenia, Somalia, South Africa, Sudan, Suriname, Switzerland, Taiwan, Tajikistan, Turkey, UAE, USA, Uganda, Yemen, Zimbabwe
Australian Dollar, British Pound, Danish Krone, Euro, Hong Kong Dollar, Norwegian Krone, Swedish Krona, US Dollar
PC, Mobile, Tablet
Mobile App
Android, iPhone, Windows Phone
Alexa Rank
Casino, Financials, Games, Poker
Common Misspellings
betfar, betfare, bet fare, bet far, bet fair, befair, fairbet, berfair, begfair, beffair, beyfair
CS:GO, Call of Duty, Dota 2, League of Legends, StarCraft

Betfair Sports & Markets

American Football, Athletics, Australian Football, Bandy, Basketball, Boxing, Cricket, Cycling, Darts, Football, Formula 1, Gaelic Hurling, Golf, Greyhounds, Handball, Ice Hockey, MMA, Martial Arts, MotoGP, Motor Sports, Rugby, Sailing, Snooker, Surfing, Tennis, Volleyball, Winter Sports
Additional Betting Selections
Alternative Handicap Basketball, Alternative Handicap Tennis, Asian Bets, BAFTA, Cards, Corners, Oscars, Players points basketball
Q: Is Betfair reliable and safe?

With more than 20 years of experience, Betfair is one of the biggest online bookmakers that merged with Paddy Power in 2016. It holds gambling licenses from the UKGC and the MGA and local ones from Australia, Sweden, Spain, Italy, Denmark, and Romania. All these suggest that it can be trusted.

Q: What is the Betfair maximum payout?

The maximum you are allowed to win off a single bet is set at £1,000,000 for the biggest horse racing and football events. For minor sports and leagues, the amount gradually decreases to £250,000 and £100,000, depending on the event.

Q: What are the available withdrawal and deposit methods?

Bettors can perform payments with methods such as VISA, Mastercard, Skrill, Neteller, Apple Pay, PayPal, and more. Deposits are instant, while withdrawals might take between 2-5 days. Keep in mind that in some transaction methods, fees may apply.

Q: Is PokerStars like Betfair?

Thought the two brands are operated by the same company, and they both offer sports betting, their sportsbook are different. If you are looking for information on the No.1 Poker operator, check out our Pokerstars Review.

Q: How to delete my Betfair account?

If you want to close your account altogether, you can contact the customer service department, and they will handle your request. Remember that you can also elect to self-exclude yourself for a period of up to six months.

Q: How can I file a complaint against Betfair?

Whenever you face a problem with any online bookie, you should first contact Customer Support. They will try and resolve it any way they can. Alternatively, you can contact IBAS or the MGA if you do not live in the UK.


About: Betfair


One of the best bookmakers in the world. On the other hand, betfair site is very slow to my pc. I prefer their apps.

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9 Oct 2019 Miko (**.***) country


About: Betfair

Betfair has great odds on single wins, specifically for horse racing. Also, document verification for the account was very fast as well as withdrawals.

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17 Aug 2018 George (**.***) country


About: Betfair

Betfair charges you 1% for Visa deposits and 2% for Paypal deposits and then 5 euros for bank transfer withdrawals. Really? Why?

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9 Aug 2018 Memphis (80.95.1**.***) country


About: Betfair

Really tidy website and high odds. They also have a forex platform called tradefair although it is a bit hard to find.

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21 Sep 2017 Cheryl (139.59.1**.***) country


About: Betfair

I love to bet on Politics. Although at first it was a bit difficult to understand how Betfair works, they have endless markets for my elections bets.

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17 Jun 2017 Pete (2.218.1**.***) country


About: Betfair

Betfair is the best betting platform you can find as you can be the bookmaker and trade your bets. If you are looking for a conventional bookie however, you're better off betting at someone else as Betfair hardly ever offers any promotions or bonuses.

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11 May 2017 Peter M. (185.171.0**.***) country


About: Betfair


They have everything a proffesional player wants. The player is the bookie, the odds are more than great, the limits are huge, there are great promotions, what else could have I asked for?

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8 Mar 2017 Hans B. (217.64.1**.***) country


About: Betfair


For me, Betfair is the perfect ten. They are excellent from every point of view, we get the best odds, an excellent live betting, live streaming, we have the chance to be the bookmakers. They are the best choice for a pro player.

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21 Feb 2017 Luigi (176.126.8**.***)


About: Betfair

Simply the best. Good odds, fast customer support and very quick payouts.

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27 Jan 2017 Fabian (89.105.2**.***)


About: Betfair


What can one tell about Betfair? They are the best betting exchange globally, they have a satisfying range of Asian Handicaps, great live streaming service, but the most important is that me, the player, I am by myself a bookie!

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26 Jan 2017 Arjen (89.105.2**.***) country


About: Betfair

I don't use it as an exhange, but as a traditional bookmaker. I don't understand how back and lay works. Propably the highest and fast payouts. I don't need anything else.

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9 Jan 2017 Tim (145.96.1**.***)


About: Betfair

At first I got a bit overwhelmed but if you start betting on Betfair, there's no way you're going back to another bookmaker. They have the best odds by far, countless leagues and a cool sign up bonus.

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7 Dec 2016 Emil (141.255.1**.***) country

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