Betfair
It really doesn't. I mean why should it? Betfair has over 4 million clients from all major countries of the world (where it's licensed to operate). You know what? These are not even the latest figures. One can only imagine where this elephant of a betting site stands, now that it's bro-brand Paddy Power and others are all partnered up - under the parent company Flutter Entertainment - with a combined strength of over 18 million customers as of 2023.
The only real competitor of Betfair - to be fair, mind the pun - is bet365.
Being forward-looking strategic thinkers, their management always kept their platform online, avoiding the pitfalls of offline local betting shops. May be this is one of the reasons, it's survived for so long.
Then there's their exchange, which is the biggest in the world. Tens of thousands of people bet against each other on dozens of different kinds of sports, using their platform, on a daily basis. Their volume of exchange betting deals easily crosses millions of pounds on popular matches.
Not only that, they're also the biggest betting liquidity provider for horse and greyhound racing, outpacing bet365 for example, by a wide margin. If I were to make a guesstimate, horse race betting is perhaps their most-used product, especially popular among regular bettors (or potential problem gamblers). These deep-rooted betting links head to all the way up to The Hong Kong Jockey Club too, though "officially, for public consumption" they may have ended it.
And also, being fully licensed, they have partnerships with all the top slot providers and live casino rooms. If a slot is popular, chances are high, you'll find it at Betfair.
Most people don't need an introduction to sites like Betfair or bet365 (at least the ones living in the UK, Australia etc.), but sure, not everyone believes the hype. I hope now, you should be convinced-enough that this place is indeed valid.
I hate doing the traditional review stuff. But, since this page was written for someone who hasn't heard of BF, I will just go ahead and do the necessary.
No deposit bonus is not offered. At best, you will get a £10 sign up bonus with free bets up to £30, which is pretty much a standard thanks to the tough regulations.
Speaking of which, this site is regulated by the UKGC in the UK and in many other places. Like most European countries, Australia, New Zealand, the US and Canada. So, basically, it has a license in every country where gambling is legal.
Deposits and withdrawals can be done using credit and debit cards, PayPal, Much Better, Wires and a bunch more. KYC can be tough to pass, if you live in a country where the regulator's rule say so. Keep your ID documents in check.
If you're clear on the KYC side, withdrawals shouldn't take more than a day or a few more. However, you will have to wait a lot more, if you win a jackpot. Additional clearances will be required.
They're no different than a traditional bookie, when it comes to paying out large sums. Dramas will be created on their end, so prepare yourself for that.
Customer support is slow, not good. But also not terrible. Being a big company has its downsides. Things can get stuck in the pipeline, moving from one department to another. You can get in touch with them through Live Chat only. There isn't any ticket system, as far as I know. This is a big downer of Betfair.
I would grade them bad on support, but then it's also expected. This is why I "generally" avoid signing up with high-street bookies.
Overall, if one is KYCed, and knows how to use the platform, chances are high the experience using them should be smooth.
Personal experiences will of course deviate. I have myself only used their betting exchange and that too not frequently, and with an OK overall ride. Therefore, a natural bias exists on my end.
I would say, go for them. My experience shouldn't stop you from at least trying them out. Wouldn't hurt.
Cya.
Official website address: www.betfair.com
Claire Reid
Why should Claire's review be trusted?
- Completed Gaming Management Program from the University of Nevada Reno. This gives her the ability to evaluate gambling establishments on technical grounds.
- Worked for three years at the UKGC as a compliance manager at their Birmingham, West Midlands office. This means she knows the ins and outs of what makes up a good law-abiding gambling site.
- Completed an online course on Ethics and Ethical-Decision Making Essentials from Udemy, which serves as a guide for her when writing true reviews, without taking sides.
A word from the author:
To make this review fair, transparent and to remove any sponsorship bias, I allocated anywhere between $500 (for casual betting) to $25,000 (for evaluating the quality of the high-roller gambling services) out of my own pocket for testing the browser-based platform and the app (where available) of this betting site.
- This money was spent on online casino games and sports betting, depending on what the place is primarily known for. For example, certain brands only cater to slots, while others are predominantly sportsbooks.
- My tests involved all the processes, such as initial deposit and accepting welcome bonuses, KYC, an actual experience of playing the games, and finally withdrawing my winnings, if any.
Legally Binding Oath: I hereby declare that the above made statements are true to the best of my knowledge and belief, and that I understand it may be used as evidence in court and is subject to penalty for perjury.
Disclosure: BestSites.Bet is not compensated, for any outbound clicks or new customer signups at Betfair. This document is free of affiliate marketing links in order to maintain its editorial integrity. As per our internal company policy, we do not use any AI or Automated tools to produce content on this website. To maintain the accuracy and innovation of new ideas, all reviews are written and edited by real humans. Guaranteed.
18+
Install an anti-gambling software app on your computer and smartphone
Problem Gambling websites
- SAMHSA's National Helpline 1-800-662-4357
- National Problem Gambling Helpline 1-800-GAMBLER
- Department of Drug and Alcohol Programs Commonwealth of Pennsylvania
- Mayo Foundation for Medical Education and Research (MFMER)
- Australian Government Department of Social Services 1800 858 858
- Problem Gambling Foundation
- MO DMH
- State of Michigan
- Indiana Gambling Hotline
- Ohio Casino Control Commission
- Mass.gov
- Florida Family Policy Council
- Louisiana Department of Health
- Nevada Council on Problem Gambling
- 800-Gambler
- The Centre for Addiction and Mental Health
- Washington State Health Care Authority
- Office of Problem Gambling CDPH
- California Council on Problem Gambling
- Colorado.gov
- Office of Addiction Services and Supports
- GAMSTOP Gambling Self-Exclusion Scheme
- GamCare
- GambleAware
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Page Last Updated: 29th April 2024.
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