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Betfair Review

Last Updated: 7/13/2022
VA Sports Bettors Not Accepted

Promo Code, Betting App, and Mobile Betting

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Pros

  • Set your own odds with their exchange.
  • Large wagering limits.
  • Quality software.
  • Solid backing by Flutter Entertainment with global reach.

Cons

  • Slow withdrawal processing times.
  • Some bettors find the user interface difficult to navigate.
  • Messy playthrough requirements for new user promos.

Bonuses

Free Bet up to £100

Available to residents of the UK or Republic of Ireland using promo code ZBBC01. Place 5 x £10 (or more) single bets on the Sportsbook each at min odds 1/2 (1.5). After your 5 qualifying bets have been settled, you will receive a £20 free bet. The process can be repeated up to 5 times. The max bonus available is £100 (5 x £20 free bets). Read below for more details.

Terms and conditions apply.

New Customer Promo: Free-Bets

Betfair offers new UK sportsbook users a maximum of £100 in free bets. Only deposits made using a Credit/Debit Card or ApplePay are eligible. Bets placed and settled within the first 30 days of account opening qualify. Only one bet per event qualifies, and bets placed using free bets as the stake (in whole or in part) will not be eligible.

To achieve £100 in free bets, you must place five £10 single bets at the sportsbook, each at min odds of 1/2 (1.5). After your five qualifying bets have been settled, you will receive a £20 free bet. The process can be repeated up to 5 times.

To break this down, you need to make a first deposit of £250 via Credit/Debit Card or ApplePay. Then, place 25 single bets on different events at £10 each with minimum odds of 1/2 (1.5) within 30 days of opening your account to receive £100 in free bets.

After you’ve finished Betfair’s roundabout process of securing free bets, make sure you use them quickly, as they will expire within 30 days of being issued. This means you’ll likely need to place side bets with your free plays while satisfying the playthrough requirements of the promo deals with real money.

The promo process is an unnecessary mess at Betfair, and new customers would greatly appreciate a more straightforward and streamlined process as they get acclimated to the site.

Referral Bonus

Current sportsbook users can refer a friend to receive £100 in free bets. The user would receive £20 per referred friend who signs up and bets at least £50 in the first 30 days. If you’re looking for some free bet credits, this is a much simpler process to follow than the new user promo.

Summary

Betfair was founded in 2000 by Andrew Black and Edward Wray and has quickly evolved into one of the world’s largest international sports betting providers with a sterling reputation. 

Betfair was the first disruptor in the sports betting industry, as Black and Wray pioneered the introduction of the first Betting Exchange – meaning customers could set their odds for the first time and face off against one another head-to-head. 

The platform offers a plethora of sports betting and gaming options via its mobile app and website, such as the betting exchange, sportsbook, online casino, poker, and bingo.

Due to their evolution and growth, in 2016, they merged with Ireland-based bookmaker Paddy Power. In efforts to infiltrate American-based markets, they merged with FanDuel in 2018. They would soon go on to open its first FanDuel branded sportsbook at the Meadowlands Racetrack in New Jersey.

The Betfair and FanDuel brands were acquired in December 2020 by Flutter Entertainment – the largest international sports betting and gaming operator based in Ireland. 

Betfair Mobile Betting & App
Due to their relationship with Flutter, Betfair offers an extensive and user-friendly mobile betting app available on Android and iOS. 

Unique features include:

1.) Touch/Face ID – Rather than inputting your password to log in each time, Betfair users can utilize Touch or Face ID to enhance security measures and the time it takes to access and place a bet on the app. 

2.) Live Betting  Live Betting has become more prevalent in recent years, and Betfair offers thousands of in-play betting options. This allows users to wager after the game has begun in hopes of finding better odds or for those bettors looking to hedge their initial pregame bets.

3.) Live Streaming – Betfair enables its users to watch the events they wagered on by offering an extensive live streaming function. Users must have placed a wager on the event to access the live stream, but the portfolio of offered events is vast, ranging from football, tennis, horse racing, and MMA.

4.) Cashout Feature – The cash-out feature gives users control over their bets throughout a game or match. It enables bettors to guarantee a profit or reduce the amount lost on a potential losing wager when the app calculates offers throughout the event.

Visit Betfair

Banking

Accepted Currencies

  • GBP
  • EUR

Methods of Deposit

visa logo
Min: N/A Max: N/A Fee: Free
mastercard logo
Min: N/A Max: N/A Fee: Free
skrill logo
Min: N/A Max: N/A Fee: Free
neteller logo
Min: N/A Max: N/A Fee: Free

Methods of Withdrawal

skrill logo
Fee: Free
neteller logo
Fee: Free

Betfair Review

Betfair
Icon rating b
Last Updated
7/13/2022