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Betfair general information

Betfair is the most important betting exchange agency in the world. But in addition to the betting exchange, Betfair also offers a regular sports betting platform where you can place fixed odds bets. Even so, we are talking about a more complex gambling site that is not recommended for beginners. Anyway, overall Betfair is without a doubt in the top 5 licensed sports betting agencies, so it’s worth talking about it in detail. In the following paragraphs we will tell you everything there is to know about this online bookmaker.

Betfair – 20 years in the making

Betfair was founded in 2000 by Andrew Black and Edward Wray, but offered only betting exchange at that time. In 2006 SoftBank acquired 23% of Betfair, the company reaching a value of 1.5 billion pounds. In 2013, the sports betting platform was launched, and thus the daily receipts began to be more consistent than ever. On February 2nd, 2016, Betfair merged with PaddyPower into a £ 7.8 billion deal, the largest merger in gambling history (at least in numbers). At the moment, Betfair’s betting exchange platform has around 950,000 active customers, and over 7 million transactions are processed daily!

We present these figures to give you an idea of how financially strong Betfair is worldwide. In fact, from the information available, it is the number one betting platform in Europe in terms of value and income. This way you can be sure that you are not playing at a small agency with services of questionable quality. Betfair has the strength to invest huge amounts in its platforms and in the services offered, and this is fully noticeable in the way the website performs: stable, fast and great user experience!

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Betfair Registration

The registration process, started by clicking on the “Register now” button in the upper right, is quick. Once completed, a window appears on the screen in which the player is invited to make a first deposit. The time to replenish the account can be delayed, but you can’t bet if your balance is zero.

After completing your registration, a screen may appear asking you for your preferred deposit method. As you can register this information later, you may disregard the screen at this time, if you wish.

As is the case with online bookmakers, they have contracted out the flow of deposits and withdrawals to third party payment gateways in order to minimize the associated transaction fees. We have explained in more detail about how to register with two of the most recognized payment gateways in the industry – NETELLER and Skrill (formerly Moneybookers) on subsequent pages for your convenience.

Betfair sportsbook - great odds, lots of markets!

The offer is not as rich as with the other top bookies (see here a list of the top betting agencies according to the sports betting offer). Surprisingly, however, it includes matches and bets from the second and third leagues in most countries.

But, the Betfair sports betting platform offers other advantages that could convince a bettor to choose this online bookmaker.

Betting on Football with Betfair gives you an almost unrivalled range of betting opportunities, from straight result betting to BTTS, and from number of corners to if a penalty will be awarded or even scored. A typical English Premier League game will have up to 70 different betting markets with loads of options within those markets, you should always be able to find a market to identify an edge. League of Ireland gets full Betfair betting coverage too, so there is always a market to find a bet for, and goals betting for the League Of Ireland is always popular. Odds are extremely competitive, compared to the top 10 betting sites available for irish players. We would say Betfair usually ranks in the top 3 in terms of the odds they offer bettors, especially when it comes to sports such as basketball, football or rugby. 

Befair Horse Racing

You should never miss out on a horse racing opportunity with every race meeting you can imagine covered. It’s not just UK and Irish racing that’s featured, there is American, Australian Asian and French meetings on offer.

Betfair are also major sponsors of UK and Irish horseracing, so you can rest assured that by betting with Betfair, racing prize money is being helped each and every week.

How to place a bet

To place a bet on the Sportsbook, click on the arrow to the left of the screen, which precedes the top horizontal menu. All the sports in the offer will be displayed on the screen. Choose the sport, then the country and the competition (in the case of football) or directly the competition, in the case of other sports.

To see all betting options for a match, click on the “>” sign to the right of the main odds. Click on the quota for the desired selection. A virtual ticket will appear at the top right of the screen and will be placed by clicking on the “Place bets” button. You can place single tickets, combined on the same event, simple multiples, multiples in the system or with bases.

In the “Exchange” section, the sports are selected from the drop-down menu displayed on the left. As I said, there are two odds for each selection: on the pink column are the odds that benefit those who bet that the event will not occur, and on the blue column are the odds for those who bet that the event will take place.

Betfair real time betting

Betfair’s live betting offer is quite generous, although it is true that there are online bookmakers that are better in this regard. Even so, you will find here some types of bets that cannot be found in the competition, such as those with intervals of 1 and 5 minutes. This way you can bet on absolutely any phase of the match! But the live betting platform does not necessarily have to impress with the number of matches or betting options, because the strong point is the technical part. The site is very stable, the information is updated extremely quickly, and the odds are rarely blocked, which guarantees that we can play in more than decent conditions!

Moreover, for some time now a Betfair TV service has been offered through which you can watch your favorite live video matches directly from the betting window! It is available both on PC and via mobile applications for iOS and Android!

There are two Betfair applications: one for fixed odds sports betting, and one for counter-bet betting. Both Betfair App can be downloaded on both iOS and Android. And if for various reasons you can’t download the game programs, you have as an alternative the possibility to play directly from the browser. The mobile site is optimized and accessible from any operating system! 

Betfair payment options

Depending on where you live, Betfair accepts the main 5 banking options: credit/debit cards, bank transfers, Neteller, Skrill, PayPal. 

For any transaction, the commission charged is zero. The minimum amount that can be deposited differs from one payment method to another, but it’s generally 5€.

Transactions are processed instantly, except in the case of bank transfers, where it can take between 2 and 5 business days for your money to be available in your Betfair account.

Betfair cash out is available through the same 5 payment methods. The minimum amounts differ, as does the processing time. You can get your money in just 24 hours using electronic wallets. If you are willing to wait between 2 to 5 business days, you can use the bank transfer option. 

Betfair Support

In terms of support for its users, we can say that Betfair does not excel. Thus, in our experience, the problems raised by email were left without a viable solution. The response time is relatively long compared to other online bookmakers.

Betfair Contact:

Phone Call: 1800 944 000 (available daily 11:00 a.m – 8 p.m)
Live Chat: (available daily 11:00 a.m – 8 p.m)
Email: [email protected] (reply in about 8 hours)
If you encounter a problem that needs urgent attention, we recommend that you use the call center line.

Betfair conclusion

Betfair is a viable option for Irish bettors who are interested placing bets with a reliable bookie. Users receive live broadcasts of all the events they bet on, great odds and a huge sportsbook offer that can satisfy even the most demanding customers. The downside is that there are many bettors who say that Betfair closed their account for no reason. We tend to believe that these limitations arose as a result of non-compliance with the terms and conditions of use, but it is up to the bettors to assess the correctness of the bookmaker.

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Bookie: Betfair
Official website:
Phone: 1800 944 000
Email: [email protected]
Language: English + 15 more
Payment options: VISA, MasterCard, Skrill, Neteller, Paysafecard, Maestro & more
Best for: horse racing & football bets


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