Betfair Bookmaker Review
Anyone who takes their online betting even remotely seriously needs to have a Betfair betting account. It’s vital!
The Betfair betting exchange was born in 2000 and it completely changed the online betting landscape. For the first time ever, regular punters could lay horses and teams to lose. They could play the bookie and take bets or using it do sports betting trading to earn money on price fluctuations.
Betfair Free Bets Welcome Offer
Betfair currently offer both for sports and horse racing their £100 Free Bet offer. You can place 5 x €10 or more bets to receive €20 in free bets. You can repeat up to 5 times to receive maximum €100 bonus. at Min odds 1/2 (1.5). Exchange bets are excluded.
Significant Terms – 18+ • New Customers • 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. Payment restrictions apply. T&Cs apply • Bet Responsibly • This is an advertisement
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If you prefer enhanced betting odds for your first bet at Betfair simply go to their promotions page where there are always some outstanding prices on offer in high-profile sporting events.
Despite being poorly funded Betfair burst onto the scene with a bang back in the year 2000. Naturally the online betting revolution was just dawning but the key to Betfair’s success was it ground-breaking ‘exchange’ model which, just like Futures Markets on the Stock Exchange, allowed people to ‘trade’ betting markets and play ‘layer’ as well as ‘backer’.
There’s been plenty of water under Betfair’s bridge since it surfaced but the company is now bigger than ever. In 2012 Betfair launched a traditional sportsbook which saw customer numbers soar and, in February 2016, the company merged with Irish bookmaker Paddy Power.
There are no shops on the High St. with the Betfair name over the door although the merger with Paddy Power may, in time, see that change.
Other Betfair Offers & Promotions
‘Best Odds Guaranteed’ is standard at Betfair covering UK and Irish horseracing as well as selected dog races. ‘First Pass the Post’ is bulk standard too meaning any horse that is disqualified (UK & Ireland) by the stewards will still be paid out as a winner.
There’s also Betfair’s ‘Acca Edge’ which returns cash to punters who have one leg let them down in any accumulative bet featuring three or more selections.
It is available on all sports including ‘in-play’ and it does not require any more than four selections in an accumulator. However, this is not an enhancement or bonus more so an added function designed to make Betfair more attractive.
Types of Betfair Bets/Markets
No problems here – Betfair typically have 34 sports/specials on offer and there is a huge spread events within each one. In short Betfair probably boast the most comprehensive betting portfolio, featuring more individual markets, than any other online bookmaker.
Special Features (Bells & Whistles)
With Betfair Exchange introducing the concept of ‘lay bets’ unsurprisingly their relatively new online sportsbook site allows people to cash out. And that’s not the only advantage Betfair sports customers can enjoy as a result of its sister site.
Betfair Acca Edge
In addition to ‘Cash Out’ options the Betfair Sportsbook also has their unique ‘Acca Edge’ feature which allows you to take lower odds on your accumulator bet and should one result let you down you will get your stake returned as cash. This builds in some insurance into your acca bets and can often prove a very useful safety net. How many times does one team or one horse let you down for a payout?!
Ways to Bet at Betfair
Betfair’s Exchange does allow customers to place ‘trades’ via telephone but sadly their Sportsbook does not. Neither does the Sportsbook accept wagers by SMS meaning online is the only way to bet at Betfair.
On the plus side their mobile offering is easy to use and is every part as wholesome as what PC using customers will be accustomed to.
Betfair Customer Service
Unlike many Betfair make their ‘Live Chat’ easy to find and use. But telephone, email, tweets and even messaging via Facebook are promoted as ways to fire your questions to Customer Support.
Payments & Withdrawals Options
- Only deposits made using Credit/Debit Card or ApplePay are eligible.
Our Verdict – 5/5
The Betfair betting exchange allows you to take bets (or essentially bet something to lose) from other punters so it’s a very useful tool for hedging your bets and trading out your position.
There is a superb number of markets offered at Betfair and plenty of ways to follow the action with live video, radio, blogs, reports and, for horseracing, Timeform previews.
But the depth of bet types is a little disappointing with ‘winning margins’ and ‘jollies vs rags’ speciality bets missing. The lack of tele-betting, which may be waning in popularity but surely still has its place in modern day bookmaking, is another disappointment.
But this remains a very easy to use and attractive sportsbook with plenty of attractive ‘New Customer Offers’. Furthermore Betfair can offer more betting value than most, and allied to the ability to ‘trade out’ bets at its sister Betfair Exchange, it represents an invaluable tool in any serious punters armoury.
18+ • New Customers • 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. Payment restrictions apply. T&Cs apply (Details below) • Bet Responsibly • This is an advertisement
Please gamble responsibly • BeGambleAware
Please Gamble Responsibly /BeGambleAware
Betfair Sports Free Bet Offer
NEW CUSTOMER OFFER
Terms and Conditions
- Bets placed and settled within the first 30 days of account opening qualify.
- Excludes ‘same market’ bets placed on the Exchange.
- Cashed Out and Voided bets do not qualify.
- Bets placed using free bets as the stake (in full or in part) will not qualify.
- Only deposits made using Debit Cards or ApplePay will qualify.
- Free bets are valid for 30 days.
Can you take part?
- The offer’s open to new customers, aged 18 or over, in the United Kingdom and the Republic of Ireland using promo code ZBBC01.
What do I need to do?
- Place 5 x £10 (or more) single bets on the Sportsbook each at min odds 1/2 (1.5).
- Bets placed on the same selection or market do not qualify for this promotion.
What can I win?
- After your 5 qualifying bets have been settled, 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)
When will I get my prize?
- Free bets will be awarded within 24 hours of you completing the qualifying requirement.
What else do I need to know?
Other essential stuff:
- Betfair Sportsbook promotional terms apply, see here.
- Standard Betfair Terms and Conditions apply.
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