Betfair Review

Name: Betfair Review
Item: Betfair
Rating: 8.4
Author: Fotis Gkotsoulias

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YEAR EST: 2000

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Why Trust us?

We combine years of experience with thorough research. We are players ourselves and strive to provide the most unbiased bookmaker reviews. We evaluate factors like reliability, odds, mobile features and withdrawal speed. You can also find the best betting bonuses available for each sportsbook. Moreover, we always consider players' feedback and include it in our reviews.

What Is Our Expert Opinion On Betfair?

Last updated: Jun 16, 2026

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.

Fotis Gkotsoulias SPORTS BETTING EXPERT

Frequently Asked Questions

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.

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.

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.

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.

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.

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.

User Feedback

12 votes

4.5 /5

12 votes

mikoleo

3 Reviews

4 /5

Oct 09, 2019

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

Reply

georgedan

1 Review

4 /5

Aug 17, 2018

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