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This review was last updated

Betfair bookmaker review August 2024

7.3/10

Advantages:

  • Lots of support for mobile

  • Highly reputable

  • Good bonuses for new users

  • Social features

Payment Methods:

Credit Card Mastercard Skrill Visa WebMoney NETELLER

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Specifications

  • Bonuses & Promotions

    7

  • Odds

    4

  • Mobile

    9

  • Usability

    8

  • Types of Bets

    8

  • Credibility

    9

  • Payment Methods

    7

  • Support

    6

Betfair Bonuses & Promotions

7 / 10

Currently, there are two great welcome offers for new Betfair customers. The first one lets you try the exchange feature by offering $30 (~1,246.40 Peso) free return if you bet that same amount on the betting exchange and lose it. This is nicely advertised at the front of the page once it is opened and is hard to miss.

Another front-page bonus is a 100% deposit bonus that lets you to basically double your starting money. The requirements are to wager it 3 times in 90 days on bets win odds 1.60 or higher.

Odds boosts usually also happen with the latest one affecting the crunch EFL Championship match between Huddersfield and Luton, with Huddersfield’s odds receiving a boost up to 10/1 to win- presenting a good betting opportunity for any bettor.

Betfair Odds

4 / 10

Overall, the odds on Betfair seem to be fairly competitive to the other betting outlets- it is crucial enough now that they are one of the most popular bookmakers. They offer some generous selections of odds here and there in sports like Horse Racing. Their football odds are definitely competitive as this is one of their areas of strength via popularity.

With some pretty competitive odds, Betfair Philippines is a great option for football and horse racing betting.

The odds seem to be pretty easy to use to new customers when it comes to basic betting and lesser-known sports. Betfair odds seem to have the right mixture to make them a formidable bookmaker.

Betting margin

  • Baseball

    Baseball

    7.2%

  • Basketball

    Basketball

    7.38%

  • Boxing

    Boxing

    6.09%

  • Cricket

    Cricket

    6.55%

  • Football

    Football

    7.1%

  • Hockey

    Hockey

    8.75%

  • Horcerace

    Horcerace

    7.5%

  • MMA

    MMA

    7.1%

  • Policy

    Policy

    7.63%

  • Rugby

    Rugby

    6.34%

  • Tennis

    Tennis

    5.75%

  • Volleyball

    Volleyball

    6.33%

Overall betting margin: 7%

Betfair Mobile

9 / 10

The significant orange colour scheme is retained in what seems like a slick-to-use application for Betfair. You’re presented with a neatly aligned grey menu at the bottom for easy navigation alongside your central area where you can select events, and calculate your possible bets then eventually set them.

At the central bottom (also on the grey) you’ve got a quick cash out tab which could be extremely useful in tight situations. There have been some complaints of the app slowing down but with a fast enough phone, you should be doing fine.

This application is available for both Android and iOS users alike. It seems to be vaguely different to the desktop website potentially presenting a more comfortable overlay for users who aren’t a fan of the desktop version- so there’s a choice! The betting site also has dedicated apps for specific actions such as horse racing analysis, social betting, which is a rather impressive feat for a bookmaker.

You can find all these programs in the bookmaker’s App Directory.

Betfair Usability

8 / 10

Founded in June 2000, Betfair seems to be one of the most innovative betting outlets out there- with a slightly different approach to betting than others. A nice invite to sign up with Betfair is presented upon registering your interest by clicking the sign up on the top right. An external window also shows you the brilliant welcome offers they may have.

A convenient explanation of how the website works is also presented, with a scroll throw informative “slide show”.

  • Limitations
  • Can take time to learn how to use the exclusive features
  • Fees can be charged for deposits

Types of Bets

8 / 10

Types of bets seem to be a big strength at Betfair. There’s a lot of things to choose from on their simply designed menu which could bag you many. It’s simple, the more types of bets, the more chances to win and more bettors interested in investing.

We can’t open this section without first introducing their exclusive betting exchange. This provides a unique way to bet and even trade your bets! You’ll be able to make your own bet and trade it away. This is a unique and creative way to gain more funding for bets or withdrawal if you play your cards correctly.

This is definitely one of Betfair’s strong areas.

Betfair Types of Bets:

Credibility

9 / 10

We’ll start off this section with the reputation dissection – Betfair has seemed to have almost flawlessly existed since 2000 in the betting industry aside from one small incident involving tennis betting. However, there weren’t too many shady incidents like this and Betfair have some big proof that they’re reliable.

Betfair is licensed by the Malta gaming authority. They have also been sponsors for quite a few major football teams such as Real Madrid, Arsenal, and even an official partner of the CONMEBOL club competitions which are largely anticipated in areas such as Latin America- which can attract many more bettors.

Payment Methods

7 / 10

Betfair sportsbook offers lots of interesting payment methods for both deposits and withdrawals.

The most popular ways to pay are not absent when it comes to betting with Betfair. Big services such as PayPal, Skrill and Neteller are all compatible with this bookmaker thus increasing overall usability and rating.

Deposits

You’ll be able to deposit using a wide range of payment methods including the popular ones (PayPal, Skrill and Neteller) whilst also having some other options like WebMoney and Paysafecard for a bigger option range.

By default, the deposit minimum for Betfair is usually 623.40 Peso but for Neteller users it would rather be bumped up to 748.08 Peso. However, PayPal will make an exception with it’s deposit minimum of only 311.70 Peso. Apple pay seems to also be available with Betfair giving Apple device users an easier way to deposit – with the usual minimum of 623.40 Peso.

Withdrawals

The payment methods available for withdrawals are seemingly the same as the deposits. As for limits and time, Skrill, PayPal and Neteller are all the same; 4 hours to 24 at the latest. Whilst Webmoney is extended from 4 to 30 hours at the latest. Apple pay will take from 2 working days to 5 working days to bring your money back.

Deposit funds & Withdraw funds
Amount Time Commission Amount Time Commission

Visa

$30–$50,000 Instant 0% $30–$50,000 Up to 1–3 days 0%

Mastercard

$30–$50,000 Instant 0% $30–$50,000 Up to 1–3 days 0%

Skrill

$10–$50,000 Instant 0% ? ? ?

NETELLER

$20–$50,000 Instant 0% ? ? ?

WebMoney

$15–n/a Instant 0% ? ? ?

Support

6 / 10

Customer support makes up great service in the betting industry as people surely worry about their money and valuable odds.

Betfair has a live chat option that you’re able to access easily and select a category of help you need. You’ll then be connected with live support who will talk you through any problems you may have and try to solve them. Sometimes it may take a while as no agents may be available but they will provide you with adequate answers.

Emails to customer support are also available but have been reviewed as a very slow way of getting help. Their emails have been labelled as slow and barely responsive so the live chat is surely a better and only slightly faster way to contact them.

Support contacts

Phone

E-mail

[email protected]

Live chat

Competence 0 / 5 4 / 5 3 / 5
Politeness 0 / 5 5 / 5 5 / 5
Response Time n/a Up to 5 hours instant

Overall

7.3 / 10

A very reputable organisation in the bookmaking industry, Betfair has certainly lived up to their name and have provided some nicely cut out odds, brilliant other ways to play and extending the variety of how you can bet.

Players will no doubt be indulged with their special offers which revolve around their betting exchange which could take a little time to get used to. One more strong point for Betfair is how the bookmaker embraces mobile platforms by providing all sorts of applications for different systems.

  • Limitations
  • Slow customer support

The interface is definitely usable for the usual bettor, and in a way, it could help any new customers learn the ropes with a simple menu and segregated segments. The weak point of the bookmaker was highlighted as the slowly-orientated customer support, but while everything seems to go alright for you, you’ll be indulged with their innovative ways to play.

General information

Title Betfair
Official site www.betfair.com
Year of foundation 2000
Phone None
E-mail

[email protected]

Payments Credit Card, Mastercard, Skrill, Visa, WebMoney, NETELLER
Types of Bets Boxing, Sabong, League of Legends, CS:GO, DOTA2, Esports, NBA, MMA/UFC, Tennis, Horse Racing, F1, Football, PBA, Basketball, Baseball, Badminton, Biathlon, Cricket, Cycling, Darts, MotoGP, Rugby, Snooker, American football
License MGA
Review Author

Adam Bloszko

Adam Bloszko
Hello everyone! I’m Adam Bloszko, I do journalism work and writing for several websites. I specialise in writing articles on transfer rumours, new technologies being instilled into sports, and dissecting how transfers are most likely to work out in the world of football.
Reviewer

Jeffrey Gynn

Jeffrey Gynn

Hello my fellow sports betting fanatics! My name is Jeffrey Gynn and I am excited to be a contributing member here at www.kvblue.com.