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About Betfair Betfair betting exchange is the company that is one of the innovators in the betting business. They were first betting exchange and so far they are undisputed leaders in that sector for years now. They started to operate back in 2000, and since then they didn’t look back ever since, and at the moment they are one of the biggest betting companies with more than 3 million registered users all over the world.
The thing that separates Betfair from other betting companies is their business model of betting exchange where every person can take a standard bet (like in any other sportsbook) or take the role of the bookmaker and offer the odds to other players. Betting exchanges Betfair has shallow margins, they don’t restrict winners, and they have high limits. At the moment Betfair betting exchange is one of the most popular and famous betting brands. In 2016 they merged with Paddy Power betting company, and now they are one of the most influential sports betting corporations in the world. If you want to know more about this betting exchange, continue reading our honest and unbiased review of Betfair betting exchange and casino.
As we said Betfair went online in 2000, and they quickly became one of the most popular places for the sports bettors all around the world. They constantly evolve and make innovations, and today on their website you will find everything you will need for hours of pure betting fun. They have two sports betting licenses, and they operate under the supervision of Malta Gaming and UK Gaming commission. Things that separate Betfair from their competition are that they offer a wide range of sports and markets, plus they have really excellent odds and low margins. Customers can play on pre-game markets as well as in-play markets, and everything runs fast and smooth at Betfair website.
Opening an account at Betfair
It is easy to open an account and register at Betfair betting exchange. When you open their website at top right corner, you will see “JOIN NOW” button and after you click on it new window will appear. There you will need to provide the Betfair with personal information (country, name, date of birth, postcode or address) and after that, you will set your password, preferred currency, and security questions. There you can set a deposit limit (which is a really nice feature) and enter the promo code if you have one. In order to register at Betfair betting exchange, you need to be over 18 years old and to reside in one of the countries that are allowed by Betfair terms and conditions.
If you have any problems or questions about the process of registration, you can contact customer support right away and let them help you. When you finish the first step, you need to provide the Betfair with your financial data and to the choose deposit method of your first deposit and when you conclude that you are ready to go. Betfair website is available in 9 languages, so there should be no problem for you to find the preferred language.
Bonuses and Promotions
To be honest at first sight Betfair welcome bonus didn’t look like very lucrative to us, but still, it is more than a resonable offer overall. At the moment they have a new customer offer, where you need to place five or more bets with at least 10 Euro stake to receive 20 Euro bonus in free bets. This offer you can repeat up to five times, so maximum welcome bonus offer per customer is 100 Euro in free bets. Only wagering requirement about this offer is to place bets with odds higher than 1.50. We at BettingZebra think this Betfair welcome bonus is a solid offer. After you get your welcome bonus, you will be eligible for all sorts of promotions that are really interesting at Betfair betting exchange. At the moment they have more than ten running promotions like up to 5 Euro money back offer for the first bet on the exchange, free 5 Euro bet on basketball and several other exciting promotions where you can get some nice prizes. And that is not all. At Betfair, you also have an online casino, live casino, poker, bingo, and virtual sports and in every part of their website, there are some promotions and bonuses that you can claim. For example, at the moment every new player at the casino will get 25 free spins without any deposit! So there is no reason why you shouldn’t register at Betfair betting exchange and online casino today and start collecting those nice bonuses and promotions.
Sports Covered & Betting Options
Betfair isn’t the leader in the betting exchange market by chance. They offer to their customer’s a wide range of sports and markets on both pre-game and in-play betting market. All major sports are covered, and if you prefer some less popular sports like Gaelic sports, darts, snooker or martial arts, there is a market for you. At the moment you can bet of 36 sports.
As you may see on the picture, you can choose to bet at the sportsbook regularly or to bet on betting exchange, and on both parts of Betfair website you can place pre-game and in-play bets.
If you are a fan of in-play betting, there are not many places that can top the Betfair betting platform. Both sportsbook, and betting exchange have in-play betting and that offers the customers wide selection of markets and different odds. For those less experienced we would suggest starting with sportsbook in-play betting platform, and than when you learn how to trade on betting exchange you will be qualified to enter the trading heaven of Betfair betting exchange. When you learn how to use a betting exchange, trading live games can be enjoyable and profitable. On their site everything runs smooth, there are no delays, and you will enjoy your betting time without any doubt. Like other respectable betting sites, Betfair has an option for cash out, which is excellent. Also, they have one interesting, unique feature called Acca Edge. After you make your selections in an accumulator bet, you can select one game that you think might be a lost bet. If your bet is lost by that one game, you will get your stake back.
Betfair covers a lot of sports events via live streams as well. At their website, you can watch live football games, tennis matches, and even some horse races and greyhound races. In order to watch the particular event, you need to place a bet on that event. How much you need to place vary from sport to sport and that list you can find on their website under the help part.
You can play on Betfair both on your desktop and your mobile devices (iOS and Android). Betfair has own app which can be downloaded for both iOS and Android users. This app is really helpful, fast responsive and user-friendly. Users can deposit, request a withdrawal, bet on pre-game and in-play markets and reach customer support. Everything you can do on your desktop version can be done on a mobile version of the website.
As expected at Betfair there are a large number of payment methods. Customers can deposit via Visa, Mastercard, Visa Electron, Delta, Bank Transfer, Cheque, ClickandBuy, EntroPay, Neteller, PayPal, Poli, Skrill, and Western Union. Withdrawal methods are Visa, Mastercard, Visa Electron, Delta, Bank Transfer, Cheque, EntroPay, Neteller, PayPal, Skrill. Most withdrawal methods are up to 24 hours to process, only a few need 3-5 working days and there is no deposit or withdrawal fees on most of these methods.
Security and Support
When you decide to play at Betfair betting exchange, you can expect nothing but superb security measures and fair gaming environment. They have state of the art security, and all your personal data is safe. Customer support is excellent. You can reach them 24/7, 365 days in a year and they can be reached via live chat, phone, and email.
Betfair Video Review