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UK, Australia, Malta, Italy, Austria, and Germany
UK: 0844 871 0000
Ireland: 1800 944 000
Australia: 1800 644 738
Intl: 0044 20 8834 8060
Betfair PO Box 34467 London W6 9WS United Kingdom
- Competitive odds
- Matches 15 million bets per day
- Quality site with reputation to match
- Recipient of 2008 Queen's Award for Enterprise
- 15 million bets matched everyday
- Extremely liquid
- Low min. deposit (£25) and low bet requirement (£2) so you can learn how exchange works
- 5% commission - highest of all online betting exchanges
- Takes time to learn how to use betting exchange
FULL REVIEW - Betfair (8.91)Betfair is a player-to-player betting site. No bookies are involved, so you get better odds and bigger payouts. Punters have the ability to set their own odds and can choose to bet for (back) or against (lay) an outcome.
Betfair provides extensive coverage of events, including a wide range of sports (especially good coverage of football and horseracing because of Betfair's UK roots), financial bets, politics and novelty bets. Betfair also offers live in-play betting, Poker, a zero house edge Casino and numerous exchange games.
Betfair charges a commission on your net winnings on a market. If you have a net loss on a market you do not pay commission. Commission is calculated by multiplying your net winnings by the Market Base Rate (MBR). For example, if you win £100 on a market with an MBR of 5%, you will pay £5 in commission. However, you can earn discounts from this rate for betting more. The size of this discount, or your Discount Rate, is determined by the number of Betfair Points you have accrued on your account.
If you are a UK registered customer you are betting through the UK exchange, which means that your bets are being matched by other Betfair customers. In this case, although Betfair knows who is on each side of every bet matched, you never know who you are betting against, as it may be a number of people matching your one bet. If you are registered with Betfair from outside the UK you are betting directly against Betfair rather than other Betfair customers , but in all cases your privacy and the confidentiality of your bets is maintained by Betfair's secure site.
Betfair customer service has a quick response time, and the site also features an in-depth FAQ guide, to help newcomers who may not be familiar with exchange betting .
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All one star ratings except for Betfair which has marketing comments for review. A shame as it would be good to find out what people really thought about the bookmakers.
Sign up with Betfair Casino today and receive an exclusive welcome bonus, only for poker4player.com visitors, of £200. Not only that, you will automatically be eligible for an exclusive monthly reload bonus of at least £20. You won’t get these offers anywhere else! Betfair Casino also offers the unique 'Zero Lounge' where players have a better chance of winning at traditional casino games such as blackjack and roulette. A great casino from a trusted name. BetFair is a great name in the online gambling word, and rightly so. The site hosts any form of betting, wagering, or gambling that you could possibly want, and has earned a reputation for fairness and honesty.
Betfair is amazing, its like a stock exchange between people who want to bet for or against something - usually a sports event. they take a commission of between 2 and 5% only on winnings, so ite transparent and fair. because of the way it works you can jump in and out of positions, like a stock exchange, so it does make betting far more dyanmic. however if you want to just put a bet on and youre not that great with the internet you wil probably find the interface a bit confusing and you may just end up on some site like bet365 or whatever. all in all its an 8 stars from me