Betfair Review

Betfair Bookmaker Review
Betfair is Licensed by the UK Gambling Commission

18+ Only
Gamble Responsibly
T&Cs Apply.
Wagering Requirements Apply.

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£30 in Free Bets

After £10 Bet Placed

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Our Score

(3.55/5)

Ryan's Thoughts about Betfair

Ryan's Thoughts"Betfair is one of the biggest sports betting brands around - and it is one of the best as well. The company has a reputation for innovation that is richly deserved, while its exchange product brings something different to the table when compared to most of the other big name bookmakers."

  • Things We Do Not Like

  • No negative comments

At A Glance - Important Facts

  • Name - Betfair
  • Stock Symbol - Parent company Paddy Power Betfair is trading on the London Stock Exchange - LON: PPB
  • Head Office - London, United Kingdom
  • Year Incorporated - 2000
  • CEO - Breon Corcoran
  • Major Awards and accolades - Two-time winner of the Queen's Awards for Enterprise
  • Contact Info - 0344 871 0000 is the main number for the UK, Live chat is also available on the Betfair website

Betfair Review

Betfair Bonus Codes

The bet £10, get £30 free offer from Betfair is one of the top sign-up promotions from any bookmaker. Here's what you need to do to get the generous free bet:

  • Betfair Sign Up Bonus

  • £30 in Free Bets

  • After £10 Bet Placed

Steps to collect the bonus

  1. Sign up for a new Betfair account and make your first deposit
  2. Place a bet of £10 on any market - but odds must be 1.5 or greater to qualify
  3. Betfair will immediately put a £30 free bet into your balance
  4. Free bets are valid for any sportsbook markets at odds of at least 1.2
  5. Users who fund their accounts through Neteller or Skrill do not qualify for the this Betfair bonus code

VIP Loyalty Program

There is no dedicated VIP Loyalty Program for the Betfair sportsbook or exchange, which is a shame as their promotions are so strong you would think there would be something in place.

Those who plan to take advantage of the many other gambling products available to play at Betfair can however join the Betfair Poker VIP Club, the Betfair Casino VIP Club or the Betfair Bingo Club, while it is also possible to become a Betfair Arcade VIP.

Mobile Betting App Features on Tablets and Smartphones

Betfair leads the way in a lot of different departments in the online sports betting industry and mobile is no different, with the main Betfair app a market-leading product. It is rapid to use and everything is laid out in a simple way so you can find what you are looking for with ease.

There are actually a few different apps available to be downloaded to Apple and Android smartphones and tablets from the Betfair website. Some of these cater to professional gamblers, with Pouncebet for Android particularly useful for experts in the field.

On the Betfair mobile site you can also easily get access to the exchange, so you can see whether you can get better odds by opting for the peer-to-peer service over the standard sportsbook.

Maximum Winnings

Betfair is also among the market leading bookmakers when it comes to comparing maximum winnings. The most that can be won by a user in a single day is a cool £1 million, which is available to be scooped on major football markets such as match odds and to win the league.

There is also a generous £1 million maximum payout up for grabs at Betfair for those who use the bookmaker to place bets on horse racing, as long as they are covered by the 'Full SIS Service'. Ante-post bets can only win a maximum of £250,000, however, which is worth keeping in mind.

Maximum payouts at Betfair are not quite as impressive away from football and horse racing. The most that a user can win on tennis is £200,000, while for American sports the limit is set at £100,000, the same amount that can be taken out of Betfair on cricket and golf. Snooker, boxing, darts and winter sports are subject to a maximum winnings limit of £25,000, while this figure comes down to just £10,000 for markets such as eSports and volleyball.

Football Accumulators

There is currently no live football accumulator bonus offer available at Betfair, but the bookmaker regularly launched new promotions so something may be launched in the coming weeks ahead of the start of the new European football season. Betfair does however have an Acca Edge promotion, which enables users to win a 20% bonus the first time they use the feature. A form of insurance, Acca Edge allows Betfair customers to get their stake back as cash - compared to bonus money with a lot of bookies - if one legs lets you down. You do not automatically get Acca Edge, however, as you have to select it before you confirm the placement of your football accumulator.

Banking - Deposits and Withdrawals

As you would expect from a major bookmaker, Betfair has comprehensive banking options:

Betfair Accept The Following Payment Methods

Payment methodDepositCashout
MinMaxTimeFeeMinMaxTimeFee
Debit Card£5NoneInstantFreeNoneNone1-3 daysFree
Credit Card£5NoneInstantFreeNoneNone1-3 daysFree
Skrill£10£32.5kInstantFreeNoneNone<24 hoursFree
PayPal£5£6kInstant2%NoneNone<24 hoursFree
Neteller£12£32.5kInstantFreeNoneNone<24 hoursFree
Bank Transfer£10None2-3 daysFreeNoneNone2-3 daysFree

Customer Service

First of all, Betfair's customer service is available 24 hours a day, 7 days a week, which is a very important starting point. Even now, some of Betfair's rivals cannot boast 24/7 customer support.

You can email agents at info@betfair.com but the best way to get in touch with the company if you have a problem with your account is probably through the company's excellent live chat system. The average amount of time a customer has to wait to be connected to a customer service agent via live chat is just 39 seconds, according to Betfair, which is one of the fastest around. Those who want to get in touch over the phone will find that the typical time to answer is 30 seconds.

As is the case with most bookmakers these days, there is also a good FAQ on the Betfair website, so you can try to find an answer to your question yourself without contacting an agent as well.

In Conclusion / Our Verdict

There are really very few reasons not to recommend Betfair as one of the best bookmakers available. In fact, they might just be the best. With a massive choice of gambling products to choose from, you are never going to be bored if you sign up to get a Betfair account.

With the Betfair exchange offering unbeatable odds due to its peer-to-peer system, those who want to take advantage of the best prices on their preferred sport really need to become Betfair users, while there is always a revolving cast of appealing promotions on offer at Betfair too.

With excellent live streaming options and massive maximum payouts of up to £1 million there are no areas where Betfair obviously lags behind the rest of the industry, while the firm's nose for innovation always means fresh ideas are likely to be just around the corner.