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Betfair Review

Betfair
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Betfair Betting Review

Betfair opened its doors in 2000 with a product that was destined to revolutionise the world of online gambling. They were already far ahead of their time as their betting exchange permitted users to create their own odds and also to bet with each-other benefitting from better prices and undercutting the middle man. 

Over the years, the company has added a large number of quality products which have helped them become one of the biggest gambling company in the whole world. In this review, we are looking at the offering of this popular betting site and provide an honest and unbiased review. 

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Site Performance

If you are looking to bet on Betfair you will notice that the site has been laid out a bit differently compared with the traditional betting sites. This is because Betfair is a versatile company that are offering not only a sportsbook but also the betting exchange. Betfair uses its own proprietary software for their sportsbook offering. This is coming from the very beginning as nobody was licensing betting exchange software. They, therefore, didn’t had the choice than build this for themselves. 

Over time they have continuously improved the website and now placing a bet is exceptionally intuitive even if you are looking for the most obscure market. Regardless if you are on a computer or a desktop and if you are betting on the sportsbook or the exchange you will have a very smooth experience. Their casino is provided by leading firm Playtech and is one of the best in the industry. 

Betfair Sportsbook

Having achieved such a position in the market with the betting exchange was great for Betfair. This hasn’t stopped the company to also wanted to take some sportsbook market share. The Betfair sportsbook engine is very robust and offers to customers odds on thousands of sporting events taking place all over the world. 

Odds are particularly competitive, and the company doesn’t just have some of the major professional leagues. For football, tennis and nearly every professional sport you will find betting markets at Betfair. 

Betfair in-play section is also right there with the best in the market. At any hour of the day or night, you will find a massive array of markets to bet on. If all the real sport is not enough, on Betfair you will also find plenty of virtual sports simulating events. 

Casino and Poker

Even though Betfair is first a sportsbetting site, they do also have a great casino offering. The company has invested in this vertical to offer its customers the best possible product. As soon as visiting their casino you will realise the quality in offer. There are plenty of slots which are provided by the leading company Playtech.

The graphic is excellent, and you will also find plenty of table games. If you prefer playing against the dealer in a live scenario, Betfair will not disappoint you either. In their live dealer section, you will find plenty of games in a live and interactive streaming environment. In addition to Casino, you will also be able to play Poker and other arcade games. 

Registration Process

The registration process for Betfair is pretty simple and straightforward. Even if you have never signed up to a betting site before, you will find that the whole process will only take you a few minutes to complete. Betfair have worked hard to slim down the registration process to just a single page. As you will be able to see on that page, you will need to enter all the needed information to create a new account. These are first and last name, date of birth, country, address and mobile number. In the next step, you will include the information that will be linked with your Betfair account, like the email, password, security question, currency, deposit limit, promo code and marketing preferences. For security reasons, the password must be eight characters or more and should contain one number and one letter. In the deposit limit, you can set limits and time periods: this feature is crucial for responsible gambling, and this is why it is placed in such a prominent position. You will also find that the promo code for the welcome bonus should already be automatically entered in the related field. That’s all! You can decide if you want to enter your bank details straight away or if you want to add them later. Overall, we haven’t found anything negative in the Betfair registration process that is intuitive, simple and only asked for the needed info. 

Deposits and Withdrawals

There are plenty of methods to deposit and withdrawal at Betfair. For the deposit you will find that you can use debit card, e-Wallet like Neteller and Paypal, Bank transfer, Paysafecard and Skrill. If you opt for a cards deposit, the minimum amount is £5, and the same applies to Paysafecard. For the e-Wallets like Skrill and PayPal the minimum is £10, while Neteller is £12. All these deposit methods are instant with the exception of bank transfer that takes 2-5 working days. Additionally, you can also visit a PaddyPower shop, where you will be able to deposit by using your username. This method allows you to deposit funds using cash. When it comes to withdrawals, these are made in the same way through which you have deposited. There are no fees on withdrawals from Betfair, but there might be fees from other institutions involved, like your bank. Withdrawals via bank transfer usually take 2-5 working days, but other options are either immediate or with a shorter waiting time. We have gone through all the steps various times, and we are pleased to report that everything about banking at Betfair is very professional and straightforward, regardless of the payments options you will pick. The lack of cryptocurrency options is clearly not optimal, though, but we believe this might be addressed shortly. Many people believe that banking with betting sites will be daunting, and this is why top operators like Betfair have made every effort to keep the process easy, trustworthy and straightforward. If you buy things online, you will find that deposit and withdrawing with Betfair is a completely seamlessly process. 

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Born and raised in London, John has always been in love with sport. He started successfully his own blog back in 2006, while writing for football in several newspaper. John has also worked with several betting operators as sports trader and has joined BettingTips4You.com since the start in 2013. John is now head of the content team at BettingTips4You.com.