Betfair bookmaker

Updated: 23.03.2022

Advantage

  • Exchange betting - Exchange
  • The best market shares in major leagues
  • Streaming service
  • Excellent pre-party betting offer

Disadvantage

  • He has no Asian handicaps
  • Quick limitations to the user
  • Poor customer service
The bookmaker is licensed to work in New Zealand
How to start betting on Betfair

Betfair odds - upgradable

To carry out the analysis of the Betfair odds we rely on some scales that are classified as follows according to the profit margin (payout):

  • 1 to 5 - Good
  • 5 to 7 - Regular
  • 7 to 10 - Bad

After having made the relevant analysis, we have concluded that Betfair has bad odds ( 7.44 on average).

Betfair is a fairly competitive bookmaker on top-tier matches, especially in the 1X2 market, both in the League and in the main dollar competitions (Premier League, Bundesliga).

In clashes between teams from lower leagues such as Colombia, the average is really high, exceeding 11 in a match in the money line market.

That is why we recommend Betfair only for bets on big leagues, more specifically on the 1x2 market, where the margin is very good. For the minor leagues, the difference is very noticeable, and the margin increases considerably (8.74 on average), which does not make it a too recommended option for this type of leagues.

How the margin has been calculated

Betfair betting offer - excellent

Betfair offers numerous sports modalities , a figure that resembles that of many other bookmakers, the main problem is the few events that there are in each modality. The most significant example of this is football, it is the sport that has a greater number of offers in all bookmakers, in Betfair the user only has the big leagues, but many dollarpeas leagues or lower divisions are missing.

One of the advantages that this bookmaker has is that it offers the possibility of betting on E-Sports, a new modality that is becoming increasingly popular among players. It is also worth noting the good offer of betting on Horse Races.

Football betting

In football Betfair is within the average. It offers what is just and necessary, although special markets, minor leagues, more exotic countries, and especially Asian markets for football betting are missing, something totally essential today.

In the relevant tournaments, Betfair perfectly meets the needs that the user may have. It is a bookmaker that stands out for always offering odds for tournaments or prizes that may arouse interest in players, such as the Golden Ball.

Tennis betting

Something similar happens in tennis as in football. The major tournaments perfectly covered, with quite a few markets (including tournament winners). However, minor tournaments such as ITF or Challenger, hardly offer only the winner of the match. Within the big tournaments, more special markets are also missing than the competition does have.

Basketball betting

Just like in the other sports, basketball is covered with just the right. Again the absence of handicaps and Asian lines greatly burdens Betfair in this aspect, although on the other hand it is worth highlighting its good offer in the NBA to special markets such as the individual performances of the players (total points, rebounds or assists).

The point in favor of Betfair is the variety of other sports that they offer. Politics, awards, Cycling, Netball, and a long list of sports that few houses have. However, within each sport, the offer is scarce. On the other hand, it is a little complicated to understand this bookmaker, since it has a totally different design from the rest of the bookies and sometimes it is complex to get to a match. The absence of a search engine is also another point against.

Betfair offers you the "cash out" form so that you can close a bet before it ends if you better control your winnings and losses. This option will always be available under the supervision of the house and will not be feasible if one of your choices is not in some market in play or if bets are suspended at some certain time.

In this house you can make several types of bets, having at your disposal the most requested ones. You can place single, combined, system, system with banks and multiple bets. Without a doubt, they leave you within reach of a good support when making the forecast as you like.

The offer of both countries, categories and markets makes us qualify Betfair as an excellent bookmaker in this regard. It offers numerous categories, especially inferior ones, in addition to many markets that we do not find in many houses, such as the personal performances of players and dozens of long-term bets that there are not in other houses (signings, for example).

Betfair live betting - regular

Their live service is not bad, but it is reduced by the scarce offer of the bookmaker.

One of the positive points is that it offers a streaming service to be able to follow the match live, which is complemented by the live retransmission through a livetext and all the statistics.

It is important to note that Betfair has a very good direct offer in horse racing, since in the United Kingdom, where the bookie originates, it is very common to bet on it. In the other sports, we can qualify as the LIVE as within the average.

Maybe sometimes we can find football matches that few bookies have, but again more markets are sorely missed, especially Asian ones.

Advantage:
Nothing at all, stealing
Disadvantage:
The official results of the official websites of the tournament are not worth them and modify results in their favor
Advantage:
I retract the previous comment, Betfair returned me the 100 dls I had on deposit.
Disadvantage:
In my country Betfair does not have an exchange or horse racing, you cannot do sports trading.
Advantage:
He kept my deposit until he closed my account.
Disadvantage:
Betfair closed my account without warning and refuses to refund me $100 I had on deposit.
Advantage:
They have very good odds
Disadvantage:
Fast shipping
Advantage:
Sometimes it has good odds
Disadvantage:
IF THEY DON'T WANT TO, THEY DON'T PAY YOU THE WON BET. They have clauses that, according to Law 13/2011, of May 27, on the regulation of Gambling, could be considered a scam: "Betfair reserves the right to reverse the settlement of a market in the event that said settlement has been erroneous (for example, due to a human or technical error)."That is, it can manipulate the result of won sports bets, resulting in the bettor always being harmed unilaterally.
All reviews about the bookmaker Betfair (7)

Our opinion about Betfair

Betfair it is in a good position within the New Zealand online bookmakers. It is characterized by being the only bookmaker that offers cross or exchange bets (known as "exchange"). However, we will focus on the analysis of the Betfair Sportsbook (the traditional bookmaker), since the exchange can be somewhat complex for those who are not used to using it or understand how it works.

Betfair Sportsbook is therefore a well-known bookmaker in the sports betting sector. Sponsors of Sevilla, Barcelona, Juventus or Arsenal, and with a long history in the sector, they have positioned themselves as one of the most popular houses.

Its origin dates back to the year 2000 in, of course, the United Kingdom. Since then they have not stopped growing, perfectly combining their "Sportsbook" and "Exchange" services, also adding others such as Poker, Casino or slots.

The company operating in New Zealand is Betfair International PLC , a subsidiary of Paddy Power Betfair, although the main company based in the United Kingdom is "Betfair Group PLC", which has also been listed on the London Stock Exchange since 2010.

General information

Name
Betfair

Foundation year

2000

DGOJ license year

2012
Official site
betfair.es

Mobile app

Android and iOS

Mobile version

Yes

Minimum bet

0.13$

Live betting

Yes

Online chat

Yes

Provider fees

Own (Betfair)

Betfair official site

Taking a look at the official page of Betfair ( betfair.es/sport/ ) we look at the layout that we all know, as it is undoubtedly one of the most popular bookmakers in New Zealand.

The menu of sport it is located at the top of the screen, with a drop-down to view all (”All Sports").

On the main page we see small banners with relevant information: the Betfair blog, the most popular promotions, and the improved superquotes.

At the foot of the page we will find all the information about the company, as well as one of the most important sections: “ Help and contact ”, where we will access a new Betfair help page, where we will find for example the betting rules or the frequently asked questions.

The Help section is also visible in a button called "Help" at the top of the screen.

The betting coupon it is located on the right of the screen, next to sports. Automatically as soon as we select a forecast, the coupon with the bet, potential winnings, and button to confirm said bet “Place Bets" appears.

Registration and verification

For register at Betfair it will be mandatory to meet two requirements: be of legal age and resident in New Zealand. It is very important to enter all the data correctly, since later they will have to be verified and they must match the data of the official documents (ID, address, etc.).

Registration is carried out by following these steps, it will take just a couple of minutes:

  1. Fill in the registration form with personal and contact details
  2. Activate the account through the link that will arrive at the email address provided.

Next, we will be able to make a first deposit and start betting on Betfair. However, it is important to remember that to deposit more than $ 150 or make any withdrawal, due to New Zealand legislation, it is mandatory to verify the user account.

The verification process it simply consists of sending a copy of the ID to Betfair through the user account, in“ "My account“ at the top of the homepage - ”My Betfair account“ - ”My data“ - ”Document Uploader".

This process is very simple and takes about 48 hours maximum to be processed and finalized by Betfair.

On some occasions, Betfair will request additional documentation, such as an invoice or a bank statement.

Betfair bonuses and promotions

Betfair does not currently offer promotions.

Deposits and withdrawals

In Betfair we find numerous means of payment, which will allow to make transactions quickly and safely in this bookmaker.

To make a deposit or deposit, we have the following methods available:

  • Credit/debit card
  • Paypal
  • Paysafecard
  • Skrill
  • Neteller
  • Apple Pay
  • Trustly
  • Bank transfer

We will find the same payment options for both depositing money and withdrawing, so Betfair's options in this regard are very varied .

All income is processed immediately, while deposits take a few hours if it is an electronic wallet (Skrill, PayPal, Neteller...) or between 1 and 3 days in the rest of the cases.

PAYMENT METHOD AVAILABLE FOR DEPOSITS AVAILABLE FOR WITHDRAWALS
VISA/Mastercard IF IF
paypal IF IF
Paysafecard IF IF
Neteller IF IF
Skrill IF IF
Apple Pay IF IF
Trustly IF IF
Bank transfer IF IF

Mobile Version and Betfair App

Betfair has not been left behind when it comes to mobile devices .

Its web version is fully optimized, so that all its users can enjoy its services from anywhere through their smartphones or tablets, but they also have their own App that is excellent.

The Betfair App it is available for both iOS and Android, although depending on the phone's operating system it will have to be downloaded differently.

For iOS , we will find the App in the App Store by searching for "Betfair". It has more than 5,000 reviews and is undoubtedly one of the best in the sector, with a score of 4.5 stars out of 5. It is developed by Betfair LTD.

In the case of Android , it will have to be downloaded directly from the Betfair website since it is not available in the Play Store due to Google policies. You will have to access the “Mobile” section of Betfair and choose the Android option to download.

Customer service

Betfair's customer service is perhaps one of its weak points. It is true that it has a help section very complete, but it is quite confusing and it is difficult to find answers to specific questions that a user may have, such as the conditions or varieties of payment methods that are available, or the rules of bonuses.

To contact Betfair, we found the following options:

Online chat is available from 10:00 to 23:00.

Published by:

Editor
Madison Bishop
Website manager

Questions and answers

🤩How to register at Betfair?

Registering with Betfair is very easy and only takes a couple of minutes. You will only have to fill out the registration form with the personal data that appears after clicking on the “Register” button on their website.

🤓How to start betting on Betfair?

To bet on Betfair the first step will be to make a deposit, where the user account will have to be verified in order to deposit more than $150. Then, with the balance in the game account, we will be able to make the first bets. The whole process is explained in this article from our betting school .

📱How do I download the Betfair App?

The Betfair App is available for iOS in the App Store by searching for "Betfair". In the case of Android, Google's policies do not allow advertising gaming or betting apps in the Play Store, so you will have to download it directly from its website in the “Mobile App” section. In this article you will find everything you need to know about the Betfair App.

💰How to withdraw money from Betfair?

Before withdrawing money at this bookmaker it is necessary to verify the user account. Once verified, you will only have to go to the “withdrawals” section within the user profile, choose the desired payment method, and the amount of money we want to withdraw, filling in the details of the bank account or electronic wallet that we use.

Betfair deposit and withdrawal

Payment method
Minimum
Maximum
Commission
Processing time
15$
$600 daily, $1500 weekly, $3000 monthly
0$
2-5 working days
15$
$600 daily, $1500 weekly, $3000 monthly
0$
Immediately
15$
$600 daily, $1500 weekly, $3000 monthly
0$
Immediately
6$
Variable
0$
Immediately
6$
1000$
0$
Immediately
15$
600$
0$
Immediately
6$
Variable
0$
Immediately
6$
$600 daily, $1500 weekly, $3000 monthly
0$
Immediately
15$
$600 daily, $1500 weekly, $3000 monthly
0$
Immediately
Minimum
15$
Maximum
$600 daily, $1500 weekly, $3000 monthly
Commission
0$
Processing time
2-5 working days
Minimum
15$
Maximum
$600 daily, $1500 weekly, $3000 monthly
Commission
0$
Processing time
Immediately
Minimum
15$
Maximum
$600 daily, $1500 weekly, $3000 monthly
Commission
0$
Processing time
Immediately
Minimum
6$
Maximum
Variable
Commission
0$
Processing time
Immediately
Minimum
6$
Maximum
1000$
Commission
0$
Processing time
Immediately
Minimum
15$
Maximum
600$
Commission
0$
Processing time
Immediately
Minimum
6$
Maximum
Variable
Commission
0$
Processing time
Immediately
Minimum
6$
Maximum
$600 daily, $1500 weekly, $3000 monthly
Commission
0$
Processing time
Immediately
Minimum
15$
Maximum
$600 daily, $1500 weekly, $3000 monthly
Commission
0$
Processing time
Immediately
Payment method
Minimum
Maximum
Commission
Processing time
30$
Variable - Closed Circle Betfair
0$
2-5 working days
5$
Variable - Closed Circle Betfair
0$
2-5 working days
5$
Variable - Closed Circle Betfair
0$
2-5 working days
6$
Variable - Closed Circle Betfair
0$
24 hours maximum
7$
Variable - Closed Circle Betfair
0$
24 hours maximum
6$
Variable - Closed Circle Betfair
0$
24 hours maximum
5$
Variable - Closed Circle Betfair
0$
24 hours maximum
5$
Variable - Closed Circle Betfair
0$
2-5 working days
Minimum
30$
Maximum
Variable - Closed Circle Betfair
Commission
0$
Processing time
2-5 working days
Minimum
5$
Maximum
Variable - Closed Circle Betfair
Commission
0$
Processing time
2-5 working days
Minimum
5$
Maximum
Variable - Closed Circle Betfair
Commission
0$
Processing time
2-5 working days
Minimum
6$
Maximum
Variable - Closed Circle Betfair
Commission
0$
Processing time
24 hours maximum
Minimum
7$
Maximum
Variable - Closed Circle Betfair
Commission
0$
Processing time
24 hours maximum
Minimum
6$
Maximum
Variable - Closed Circle Betfair
Commission
0$
Processing time
24 hours maximum
Minimum
5$
Maximum
Variable - Closed Circle Betfair
Commission
0$
Processing time
24 hours maximum
Minimum
5$
Maximum
Variable - Closed Circle Betfair
Commission
0$
Processing time
2-5 working days

Betfair customer support

902 886 045
It does have a chat service
10:00 to 23:00

Download Betfair mobile app

Classification by ratings: 0 / 5
Rate:
Unfortunately, most people only write reviews or ratings when they are not satisfied with something. Therefore, we ask that you also complete the positive aspects so that your assessment is as objective as possible. We are sure that you will be able to specify the pros and cons of the Betfair bookmaker.
Please, read the rules before leaving a complaint. We only accept complaints from bookmakers licensed in New Zealand.
Comment
4
Nothing that other casinos do not have These scammers have been taking more than 10 days to deposit me $ 100 that I withdrew, they are thieves
nothing at the moment and I don't think there will be anything in the future they suspend the account for the face I don't recommend it
The truths hurt and that bothers limit you fast if you win you are a cheat but if you lose you are a good player
The comment has been transferred to opinions Show
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