Betfair is a prominent name in the online sports betting industry, renowned for its innovative approach and extensive market offerings. Founded in 2000, it pioneered the betting exchange model, allowing users to bet against each other rather than against the bookmaker. This unique platform has set Betfair apart, making it a favorite among seasoned bettors and newcomers alike.
In addition to its betting exchange, Betfair offers a traditional sportsbook, providing a comprehensive range of betting options across various sports. With competitive odds, a user-friendly interface, and a commitment to customer satisfaction, Betfair consistently ranks among the top choices for sports betting in the UK.
Category Ratings
Pros & Cons
Pros
- Wide range of betting markets and options
- Competitive odds, especially on the exchange
- User-friendly interface and mobile app
- Attractive welcome bonus of up to £30 in free bets
- Live betting and streaming options available
Cons
- Higher commission fees on exchange bets
- Limited promotions for existing customers
- Customer service response times can vary
Betting Markets and Options
Betfair provides an extensive array of betting markets, covering popular sports such as football, horse racing, tennis, and more. Bettors can choose from traditional match betting, handicaps, and even special events. The exchange model allows users to set their own odds, offering a unique betting experience that can yield better returns compared to standard sportsbooks.
Live Betting Experience
Betfair excels in live betting, allowing users to place bets on events as they unfold. The platform updates odds in real-time, providing an exhilarating betting experience for users who wish to engage actively with ongoing matches. With a comprehensive selection of live events, Betfair ensures users can find exciting betting opportunities at any time.
Promotions and Bonuses
Betfair welcomes new users with an enticing bonus of up to £30 in free bets, making it an attractive option for those new to sports betting. The platform also runs periodic promotions and price boosts, providing existing customers with chances to enhance their betting potential. However, the frequency and variety of promotions for returning users could be improved.
Payment Methods
Withdrawal timeframe: 1-3 days
Company Information
Our Verdict
Overall, Betfair stands out as a leading platform for sports betting, thanks to its innovative exchange model and extensive market offerings. The combination of competitive odds, a user-friendly interface, and attractive welcome bonuses makes it an excellent choice for both new and experienced bettors. While there are some areas for improvement, particularly regarding promotions for existing customers, Betfair remains a top-tier option for UK sports bettors looking for variety and flexibility.