Betfair Review 2018 - Sports Betting Review

Betfair is one of the big innovators in the world of online betting, they were one of the front-runners, the industry leaders to really drive on with the peer to peer betting platform that is the exchange. It has revolutionised the way that punters bet because odds can be defined and selected and punters are able to back and lay a selection in a market.

They are the biggest internet betting exchange in the world and they have seen tremendously rapid growth since their start in just 2000. They are now one of the most recognisable brands in online betting and they were fortified further when they merged with Paddy Power to form Paddy Power Betfair in early 2016, creating the biggest gaming company in the world and they also run a traditional sportsbook as well, giving punters the best of both worlds. Our Betfair reviews takes it all in.

BETFAIR

Betfair
  • Award winning betting exchange.
  • Odds are usually extremely good value.
  • Solid all performer with live streams.

Online-Betting Rating:

4 Stars Rating




Betting markets and odds quality 9/10

There is such a tremendous variety of odds and market options across both platforms that Betfair has running. They have both their exchange, which they were strong pioneers of, but they also run a regular sportsbook. So you have choices and you are free of course to flip between the two of them as you please. Either way, you are pretty much going to be loaded up with quality in both departments.

The beauty of the exchange is that if you can't find a price that you like for a wager, then you can set your own and as long as someone matches it, it will be active. That is what peer to peer betting is all about, finding value and there are stacks and stacks of it at Betfair. Because of backing and laying on a market you can create a green book which means that no matter what the outcome of the event is, you will still win.

So whether it is looking at the exchange or looking at the traditional sportsbook that they have running, you are going to find the market odds and quality. The important thing to remember is that Betfair don't act like a traditional bookmaker on the exchange in terms of taking a bookmaker margin, so there's not that middleman factor there. Instead, you pay a commission on your bets, which punters generally find to be a lot more favourable.

The betting exchange is something that punters who have only looked at a regular sportsbook before may find a little confusing at first. But you can find superb, straight-forward guides in how to get around and understand what you are looking for it. Very soon you will probably find yourself fully engrossed in it. There are so many plusses to sitting down and thoroughly investigating the betting exchange platform

One of them is value which is, probably the most important thing about betting that you should be focusing on. Commision on winnings runs about 5%-7%. You can also find plenty of non-sports markets like financials at Betfair as well.

What about those betting markets? Again, we are talking about both platforms, you are going to find a stunning array of market variety and options to get stuck into. While their sportsbook is extensive and offers plenty of sub-market betting across the many different sports, you will likely find in the exchange even more variety as punters will try and get their bets matched. You basically aren't going to find yourself short of variety or options.



Betfair sign up bonus, free bets & current promotions 7/10

Betfair Sportsbook - £100 Bet Bundle
New Customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

You can earn yourself up to £100 in free bets when you roll up and open an account at Betfair using the code ZBBC01. Just go and sign up for an account and then go and place a minimum of 5 x £10 single bets at odds of at least 1.2 (1/5). Once you have settled your qualifying bets, you will receive a £20 free bet. The process can be repeated up to 5 times. The max bonus available is £100 (5 x £20 free bets). New Customers Only. 18+. T&Cs Apply. Please Gamble Responsibly. See details directly at Betfair.

Betfair are quite popular with their promotions that they run throughout their website. You will find different ones based on location and whether you are in the exchange or the traditional bookmaker section.

In-play betting 8/10

You have in-play betting available at online betting site Betfair and this is both on the exchange and sportsbook. So you have tremendous options throughout and stacks of value again you are looking at. Just by the nature of the betting exchange, it fits in perfectly with live in play betting. You can track the prices of a selection and this importantly is where a lot of punters will create that green book. If you have a wager on Man City to beat Stoke for example, but Stoke takes an early lead, you could lay Man City with a live bet so if they win or lose you won't lose out.

This is all based on pricing of course because the value of either outcome has to cover the loss of stake on the other one. You will see prices fluctuating quickly throughout the live in-play betting section and again you can place your own. Everything is presented very clearly, although it may take some getting used to for first-time punters because there is a lot to absorb.

Their in-play betting services are not limited to just football, of course, it covers a much broader spectrum of sports including the likes of Basketball, volleyball, Esports, Badminton and more. We clicked on a football match and got presented with a match view graphic of the game to get a sense of how the game was going and could look at overall match stats as well as getting a text commentary of key points.

All this is of course, alongside the many live in-play options for the game from Both Teams To Score, Half Result Markets and Over/Under. There is also a great selection in the live in-play betting where you have quick bursts of selections of what will happen in the next 1 minute (corner kick, free kick, goal kick, penalty etc for a team), and the same for a 5 minute period. That was an exciting dynamic which we found in a Betfair betting review.


Extras & features 8/10

The betting exchange itself is the big feature of Betfair. It offers so much control on your betting and fortunately, there are great help guides and videos there to help you learn the system, along with a user forum as well, which is well worth dipping into because punters like to give advice. If you can master the betting exchange you will probably find it one of your first stops on your betting routine. It makes betting life very easy and you can of course just jump right in and back or lay a selection. It's worth spending some time at.

Betfair does run a cash out feature and it is available on accumulators as well. This is another dimension of their quality and service through their sportsbook and maintains some control, therefore, you as well. It's a great service and they have a great product called Acca Edge. After building a wager, you can select the Edge for that particular bet, which means for a small sacrifice in odds, you can take the insurance should your bet lose by just one leg. If it doesn't then you will get your lost stake refunded as cash and this is available on acca's from multiple sports selections too.

On top of everything else that Betfair has running, you do have live streaming options available as well. They have been running streams for a long time and they are very strong in this department. You can get some top soccer matches there as well as other top sports like basketball and tennis. The cash out feature is available on select markets with live betting, so you can control your bets while you are watching live sport with them. There are horse racing streams available.

You can even get more than you had hoped for with Betfair as well. They run a 'Price Rush' product where they will boost your wager to higher odds. This is available through the Betfair exchange and after checking the prices offered by the thousands of customers there, you may get a rush where you wager is boosted up to the next full number, so if you had selected something at 5/2 for example, you would get a rush to 3/1.

Betfair payment options - deposit and withdrawal methods 7/10

You have the usual array of banking options for funding on your account and across a variety of currencies as well. You can use a regular Bank Transfer, e-wallets and cards to get funds into your account and you get a full list of transaction history in your account. The regular means of getting your money out of your Betfair account is available to you. Always check for charges and processing times for the different methods of deposit and withdrawals.

Deposit Methods Include: Visa, MAstercard, Visa Electron, Delta, Bank Transfer, Cheque, ClickandBuy, EntroPay, Neteller, payPal, Poli, Skrill, Western Union.
Withdrawal Methods Include: Visa, Mastercard, Visa Electron, Delta, Bank Transfer, Cheque, EntroPay, Neteller, payPal, Skrill

HOW TO SIGN UP

Betfair
  1. Visit the Betfair website where you will see a "Join Now" button in the top right corner
  2. Sometimes a new landing page will appear, so you may have to click the button a second time
  3. Fill in your personal details, your security and select your account currency
  4. The registration page will ask you for any Betfair promo code
  5. Agree to the terms to and conditions
  6. When registration is complete you will be directed to a screen where it asks for your preferred deposit method. You can do that right there or later through account management.
  7. Make your initial deposit.

Online-Betting Rating:

4 Stars Rating


User-friendliness of website & mobile app / mobile version 8/10

If you have never landed on a betting exchange page before then it could look a little bit foreign. At first glimpse, the exchange can look a little complicated, but just spend five minutes poking around and you will get a grip of it pretty quickly and it all makes sense.

Again the wealth of help on the site is a fantastic feature of the entire Betfair experience. It's probably not the most aesthetically pleasing betting platforms (the sportsbook nor the exchange) and that is where it didn't rank as highly as it could have done in our review of Betfair. Otherwise, the operation and functionality is spot on.

Betfair has a mobile website version and their own App which can be downloaded for both Android and iOS devices. Going straight to the Betfair mobile app review, you will find one of the most user-friendly betting apps out there. It is designed to be sharp, quick and efficient, everything you need for that on-the-go betting and the Betfair app delivers.

There is a separate Sportsbook App and Exchange App to be downloaded so you would have to get both of them to get the full coverage.

In the sportsbook app you can place and track your bets on the go and you get access to the same game multi-tool, where you have control over a bet that you want to build. The in-play betting opportunities are there as well as their Each Way Edge tool. You can also get live streaming on the app.

In the exchange app, you have access to the early betting where you can bet against an outcome. The full functionality of the exchange where you set the odds is there and you can trade markets through hedging. You also have access to the live in-play betting services as well.

Betfair Customer Service & Support, Security & Reliability 8/10

You can get telephone access to Betfair customer support and there are toll-free numbers depending on where you are calling form as well. You can also just sit and email them which will take a little longer to get an answer though, which is fully expected. Their customer service support is available 24/7 and 365 days of the year as well.

Overall / Conclusion 8/10



In summary for our Betfair review, they are a top performer and well worth using for your online betting. The control that the betting exchange can end up giving you on your betting is fantastic and again, it is really worth spending time looking around and learning what goes on there. There is top, top value to be found across the betting exchange and for the times that you don't want that, you can just switch to their sportsbook. The high-quality product offers one of the top recommendations that we can make.



Claim your sign up offer *
Betfair Logo

Betfair £100

  • Register at Betfair
  • Place 5 single bets of £10 or more
  • Get up to £100 in free bets!


* Betfair Sportsbook - £100 Bet Bundle
New Customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

* New Customers Only. 18+. T&Cs Apply. Please Gamble Responsibly. See details directly at Betfair.