Betfair

 Review

Betfair is one of the founders of online gambling. The history of the company dates back to 2000, when Edward Ray and Andrew Black developed the first sports exchange. Success in the first year is insignificant, users are skeptical and the site's revenues are record low. However, the British remain confident and continue to develop the platform.

After a few years, their patience was rewarded, and Betfair became a global sports betting brand.
Here we have looked at the registration process, depositing on the site, as well as the use of the sports exchange itself.


Betfair







 Registration

To create a Betfair account, you need to click on the button at the top right label "Open an account" on the home page.

A new window will then open in your browser, please be carefull to fill in your information correctly before youcomplete the registration. It should take no more than 5 minutes to register a new Betfair account.


 Sports betting

This section holds the hallmarks of standard bookmaking services - sports bets with different shades of bet types and odds. In addition to being known for its sports exchange, of course, Betfair also offers the standard sports betting service. Expanding the main menu of the site, you will find all available disciplines of sports. The bookmaker closely monitors American sports, boxing, ice hockey, golf, MMA, snooker, horse racing and many others. Marking any of them will load all active events for it. You can also find more unusual sports such as horse racing and greyhounds.

The most popular ones are the football, basketball and tennis bets. It is no coincidence that they are included on the home page, where you can choose the most attractive meetings for the day. Football bets are the most numerous, offering over 100 championships. You can choose from the different markets which are placed in separate subsections. So, for example you will find known bets such as, half time, handicaps, corners, specials, etc.

The innovative "Single-match combinations" option allows you to build an accumulator with markets from an event. It is active only for football bets, without any special restrictions on market combining.


 Cash out

Here at the Betfair bookmaker, the user has the option to "Cash out". This is a feature that allows players to close their bets at any time, as long as of course your slip has this option available. Almost all markets in Betfair have a Close Bet feature. Cash out will allow you to close a lot of winnings if you do not want to wait for the end of the event or you have more selections in your slip to be determined. Imagine you have a slip of eight games and you already have seven matches figured. The last match seems risky to you and you want to close your bet before it ends, simply click the Close Bet button and the amount ypu have won so far will be transferred to your account.


 Live betting

Live bets are more convenient for players, as they allow them to follow the development of events in real time. The bookmaker has added information about the course of the match, including received cards, number of corners, result of the break, etc. Most matches include a 3D picture, and some of the interesting events can even be monitored live.

Not all pre-bets are available on Live. To find out if the desired game will start "Live", check if a stopwatch icon has been added to it. 

Other tools that help you bet are Cash Out, Price Rush and Acca Edge. With the first you can control your bets and close them at a selected time. This prevents you big losses. Price Rush increases the odds of given selections, while helping you make risk-free bets. If you mark Acca Edge to your coupon, you will receive lower odds, but you will have your bet return to you if one of the markets fails.


 Live broadcast on Betfair / Livestream /

At Betfair you can watch many sporting events live, thanks to the Live Streaming service. Completely free of charge, the bookmaker's customers can watch live sports from anywhere on the planet. The company focuses on broadcasting interesting events from the world of football, tennis, basketball and more.

The Italian Serie A, the Dutch Eredivisie, the English FA Cup and the Copa Libertadores are the most important football tournaments you can watch live at Betfair. Tennis fans have the opportunity to watch the matches of Roland Garros, US Open and other major tournaments of the Masters 1000 series. The entire live broadcast service of Betfair is available for registered users and is useful, because when you bet on a live event , you can watch it in the bookmaker instead of looking for a separate link for livestream.


 Sports exchange

Betfair is well known for being the first bookmaker to launch a sports exchange on the market. Over the years, the service has become increasingly popular and attracts tons of new users. It may seem complicated at first, but we assure you, that this is not the case.

In the Betfair sports exchange, you choose to bet between only two pros and cons, depending on whether you agree with the market or think it will be unprofitable.

The exchange gives you the opportunity to become a bookmaker by setting the odds and collecting the bets of other users. Of course, you can place bets if you wish, but if they do not come close to reality, there is a chance that few will dare to bet with you. When participating in the sports exchange, you pay a minimum commission, which turns out to be Betfair's only profit from the platform. All other funds circulating in the exchange are distributed among the players.

We must clarify that the placement of bets here is a little different. When you bet "For", you mark a standard bet, which is multiplied by the odds, but when you select the "Against" option, you mention the desired winning potential  in the bet field. In that case you must have the means to pay out any winnings to the player you are betting on. In case you have a profit from the sports exchange and then request a withdrawal, you will be charged a commission.

Of course, Betfair stimulates sports it's players with additional bonuses. If you are a new user of the platform, you can get a free bet of up to 10 euros. You must place a bet "Against" at a maximum odds of 2.00 and if it turns out to be a loser, the bookmaker will return the bet.


 Live exchange

There are live bets on both the sports bookmaker and the Betfair sports exchange. Here again you bet on a"For" and "Against" method. You can follow each match live and decide when to bet. For each event you have a detailed analysis of its development.

The list of markets in the live sports exchange includes traditional markets such as Final result, Over / Under 2.5 goals, Accurate result, First / Final and many others. You have odds for almost every option, and sometimes there will be selections on which the players have set odds too high and accordingly it is logical that there is no opposite one, as it cannot be 1.00.


 Casino

Betfair has a Casino section. The company offers games of blackjack, roulette and others. We hope that in the future Betfair will add a casino section for all countries when the company re-licenses them.

More for Betfair Casino .....


 Bonuses

Betfair does not offer a classic starting bonus for its new customers. What is available as an offer for all new users is a package of 10 free bets of 10 euros. It is activated by entering a promotional code upon registration. If you fill in the code, you will qualify for this bonus package worth up to 100 euros. Free bets are dealt in installments, and for every fifth completed bet of 5 euros, you receive a bonus of 10 euros. Only single bets and a straight column are allowed, and betting relies on a one-time bet on a single event with a odds greater than 1.20.

For it's loyal costumers Betfair offers another bonus. There is a weekly bonus of up to 25 euros, which is activated automatically after the user makes a winning bet on a single-match combination with a minimum bet of 5.00. There is another weekly promotion - "10 euros, with 25 or more". This is a standard straight column, with the main requirement being to accumulate bets worth € 25 per week. There are also promotions for basketball, tennis, and cashback if your bet proves unprofitable.

More for Betfair Bonuses ..... 


 Mobile app

The Betfair website can be used with a mobile device too.
It doesn't matter if you have an Android device or an iOS. You have access to the Sports section and to the Sports Exchange of the Betfair mobile app. When you load the Betfair site from your browser, you will see the login and registration buttons at the top right. You can even register from your mobile phone if you don't have an account yet.

At the top of the page you will be prompted to download the Betfair mobile app. However, you first need to allow downloading applications from "Unknown Sources" from your phone's settings. You can then download and install the mobile app, which will be saved on your phone.

For iOS, the application is also available in the App Store. In addition to the iPhone, you can also use it on tablets such as the iPad, as the application also supports higher screen resolution. With one click you can enter the Betfair website from your smartphone and place bets on sports or the sports exchange.

More for Betfair Mobile App ..... 


 Customer support

At Betfair, you can contact customer support via live chat. You can first look for a solution to your problem in the FAQ section. If you do not find an answer, then contact the team behind the "live chat" service. Other options for contacting the bookmaker are:

- Send an e-mail to: [email protected]
- Call 00359 2491 7755, which is active from 10:30 to 18:00 every day


 Evaluation

Undoubtedly Betfair is among the most active bookmakers. The company offers impressive sports bets, and the stock market remains unsurpassed in many respects. Of course, the basis of customer loyalty are the frequent bonuses and the huge variety. You have contact with a variety of sports and championships, you choose the desired markets, and you are facilitated, thanks to special betting tools.

Adding the availability of the innovative Betfair mobile application, we cannot give a low rating to this bookmaker. We honor Betfair with a 4.5 / 5 score, which ranks it among the most popular betting sites in the World.

REGISTRATION

FAQ

No. Only you can deposit funds into your account.
Betfair offers the option to limit the funds you bet and deposit on a daily, monthly and annual basis.
Using and registering a betfair account is completely free.
Yes. When you do not provide the required information, your account will be limited in terms of withdrawals as well as temporary suspension of account use.
The odds provided by Betfair cannot be changed. However, you have the opportunity to make your own odds for a specific match. The requirement is to find a person who will match your bet by betting on the other side. If one does not participate, your bet will be refunded.
The essence of Betfair registration and the rigor of account verification suggest that a single person will use it. For this reason, if a third party login is detected, it is possible that the account will be suspended until the reasons are clarified.
Yes, when you enter the menu for your personal account you will find information about your already completed or active bets.
In certain cases, a percentage of commission is charged on your winnings. Different markets have different percentages, and for regular customers, the percentages fall extremely much.
No, you do not owe any money when your bet fails.
This is possible depending on the specific market you are targeting. There are possibilities to bet, for example, that a team does not score a goal, a player does not finish or a tennis match does not take place.