Betfair Review

betfair review

Pros

  • Innovative betting features
  • Live coverage of horse racing and other sports
  • Betfair Exchange
  • SSL certified security
  • Competitive mobile betting option

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Cons

  • Live coverage and betting can be delayed at times
  • Some older mobile devices not accommodated

Betfair Review 2018

Betfair is an online gambling company with its headquarters located in Hammersmith in West London, United Kingdom, and Clonskeagh, Dublin. They offer a sportsbook, online bingo, casino, poker and the world’s largest Exchange.

Launched in June 2000, Betfair is now the largest online betting company in the United Kingdom. They launched their sportsbook that offers fixed odds betting in May 2012. Betfair holds a number of licenses in these countries –

UK, Malta, Denmark, Italy, Spain, Bulgaria and Romania.

Betfair Sign up Offers and Promos

  • Free €5 bet on Betfair Exchange
  • Risk €5 or more on your first bet on Exchange, and you will be refunded €5 if the bet loses.

Q: Who can qualify?

The offer is available to new and existing customers, who have never placed a bet on the Betfair Exchange.

You will have to Opt In before you place a bet on the exchange.

Q: What can you win?

A maximum refund of €5 if your first bet on the Exchange loses.

Bet €10 and get a €10 bonus on the Arcade games

Q: What do you need to do?

Arcade games – Starburst, Wish Upon a Jackpot, Fairy Fortunes, Lucky Wizard, Rainbow Riches.

Place a minimum €10 bet on any of these games or a combination of them.

Q: What can you win?

Get instantly credited with €10 Betfair bonus.

You can see your free bet in your game balance when you are playing an eligible game.

Bet the €10 bonus 10 times.

Note: Validity of your bonus is 7 days from when you have applied it.

Betting on Betfair Sportsbook – Review

The Betfair Sportsbook offers betting on 30 sports, which includes Cricket betting, horse Racing, Tennis, football, and other popular sports watched and loved worldwide.

Betfair Sportbook Review India

Betfair Sports Betting Options – Navigation

The Betfair Sportsbook page has Quick Links to the In-Play sports on the left, Sport Highlights in the middle where you can track the odds for your favorite sport and on the right, Racing stats.

Right above these three tabs, there are links to the sports that offer the Best Odds, Free Bet, and the Virtual Sports link.

One of the salient features of the website is their design. Betfair has a Sportsbook with 30 sports, the world’s largest Exchange, and other games. Navigation to all of the huge variety of options, is simple, and effective.

Betfair Sports Betting Selection

Cricket Betting – Betfair Sportsbook

Say you want to bet on the England vs India 1st Test match. You simply click the Cricket option on the top, and it take you to the cricket betting page, where you can find all the competitions.

Choose England vs India from the options.

Betfair Cricket Betting

The odds on the predictions, and the available markets are clear and the betting on them takes just a few clicks.

Deposit Funds at Betfair in India

To start betting, you need to deposit a minimum of $10 in your account.

Q: Does Betfair accept deposit through Debit/Credit card?

Yes, they do accept payments from India using Debit/Credit Card. In that case, the minimum deposit amount is $10.

The processing is instant and no fee is charged by Betfair for the transaction.

Q: Does Betfair accept Indian currency?

No, they do not. Currently Indian users cannot bet or deposit money in Indian Rupees.

Q: What are the alternative methods?

Neteller, Skrill, Qiwi, AstroPay, and Wire Transfer are the alternative methods.

If you’re using these options, the minimum deposit amount changes.

Minimum Deposit

Neteller – $20

Skrill – $20

Qiwi – $12, and a 2.5% fee.

AstroPay – $!5

Bank Transfer – $10, and would require 2-5 working days for processing

Betfair Exchange Review– Placing Bets

Betfair Exchange lets you set your own odds. Here you don’t place a bet against a bookmaker.

You bet for or against an outcome by ‘backing’ or ‘laying’.

Let’s take a look at the England vs India Test match market on the Exchange. Here, we will explain you how to place your bet.

Betfair Exchange Review India

To place a bet, we choose either back or lay on one of these odds.

When you place a back bet, you are betting on the team for winning. A lay bet on the other hand means you are betting on the opposite results – so if the team loses or the match ends in a draw, you win.

Betfair Lay or Back

Click on the odds that you want to bet on. Here we choose odds of 3.35 to place a back bet on India.

On the right corner, in the bet slips, you can even change the odds if you don’t like the current odds. Your profit is displayed instantly when you enter the stake amount.

In this example, a back bet on India (betting for India’s win) at 3.35 odds, will give a profit of $11.75, if India wins the Test match.

Betfair Exchange Explanation

If you want to back England for the win at 2.0 odds, a $5 stake would give a $5 profit if England wins the match.

After you have submitted your bet offer, you need to make sure your bet is matched.

Matched Bets

When someone who has an opposing opinion to that of yours matches with your bet offer, your bet is locked in.

If your bet is unmatched until the match goes In-Play, and the first innings has started, your bet will be cancelled.

In-Play Betting

The In-Play betting feature helps you to make an assessment by watching the match Live on TV or Streaming it on Betfair (if available) before placing your bets.

You can choose the markets to bet on and also predict live through the course of the match. You can set the odds considering how the match is progressing and predicting the outcome of a market.

How to Open an Account with Betfair

  • Click on the Join Now button on the top of the home page.
  • A new tab will be opened which looks like this –

Betfair Open Account India

As you see in above screenshot, all you need to do from here is just fill the details, hit the Join Now button on the bottom to complete the signup process.

Once you have signed up, add funds to your account and start playing.

How to Deposit Funds at Betfair?

  • Simply click on the Deposits button on the top of the page.
  • It takes you to the Payments tab of your account, where you can choose a card to deposit money from or add a new card.

How to Withdraw Funds at Betfair?

Withdrawing funds from your account is just as easy.

  • Click on the Payments tab in the My Account section
  • Choose Withdraw from the drop-down menu
  • Choose a method to withdraw your funds

Conclusion

Betfair Exchange is a great place for punters to place bets on a range of markets, on the odds of their choice. The In-Play betting feature on the Exchange makes it a more attractive place for online betting.

For those of you looking to bet on fixed odds on your favorite sports and wish to choose from a wide range of markets, the Betfair Sportsbook is a great choice. The signup offers, bonuses for first time betters on the Exchange markets make the first Exchange, or Sportsbook betting experience an enjoyable one.


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