Betfair Review & Rating

Betfair Review & Rating

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Reviewed by: PTP Team

Betfair Review

Betfair Bookmaker is one of the main and eldest Online Sports Betting Brands. It is a British betting company that manages the largest online gambling exchange in the world. It also offers Sports Betting, Online Casino Games, Online Bingo, and Online Poker. The company was founded in 2000 and is divided into two divisions: UK and International.

This Online Bookmaker obtained its first license to operate in Australia in 2005 and has since grown to become one of the industry’s international leaders. The brand united with Paddy Power in 2016 to form one of the world’s largest gaming corporations. The vast corporation was renamed Flutter after a merger with The Stars Group.

It is an Australian branch of the online Betting Exchange “Betfair”. Betfair.com.au drives Australia’s only betting exchange under a Tasmanian Gaming License. Crown Resorts Ltd., which also owns Crown Casino in Melbourne and Crown Casino in Perth, owns Betfair Australian since August 2014.

It has gambling licenses in the United Kingdom, Australia, Malta, Italy, Austria, and Germany.

The Northern Territory Racing Commission Licenses and Regulates Betfair Pty Limited.

Betfair Pros and Cons

Pros

• One of the Best Australian Bookmakers
• Australia’s First Betting Exchange
• “For” and “Against” betting
• Telephone Betting Service
• In-Play betting
• Bet live
• Quick Payout
• Large variety of Deposit and Withdrawal options
• Live Streaming
• Helpful Customer Service
• Provide Speedmap

Cons

• Lack of liquidity in some Markets
• Commission on winning
• Limited Betting Options
• Limited Markets

Sign Up with Betfair Bookmaker

There are two simple ways to get started:

1- Go online to the website and click “Join Now” to fill out the required information.

2- By calling 1300 BETFAIR (1300 238 324). In this case, An Experience Team operator will open the account for users.

Users deposit into their account after signing up, and they’re ready to “Back and Lay” their way through a variety of National and International events.

While users can bet immediately, their accounts will be restricted until their identity is verified. They will electronically confirm their identity, and once completed, users will receive an informative email about verification.

Bonuses and Promotions

There are no Welcome Bonuses or Deposit Matches when users join this Australian Bookmaker. The law prohibits gamblers from receiving any compensation for their participation. Bookmakers illustrate value over odds.

However, because punters are betting against other punters, increased market prices are already available on the exchange, this was always a positive feature available.

Members compete against one another, and the stakes are held by Betfair until the bet is settled. Except for classic bookmakers, which hire people to compile the odds they offer, it does not set or accept bets on any events (excluding multiples). It simply created a market in which its members could compete.

• On the Betfair Exchange, a variety of odds are matched.
• It will most likely have the best odds for popular betting markets such as win/loss bets.

Sports Market

This is the best place to bet on major sporting events such as Rugby, AFL, Cricket, Formula 1, NRL, Golf, NFL, NBA, Soccer, Tennis, and Politics. They provide weekly and detailed expert tips for their users.

Horse Racing Market

This is a good website to bet on Horses in Australia because it has the best starting prices SP in the industry. Greyhound and Harness are also available.

Expert Harness, Key Runners, Horse Racing Tips, and Betting Strategies for all available races are available online.

Types of Bets 

As a betting exchange, Betfair markets are run differently from those of traditional bookmakers in many ways, with separate “win” and “place” markets instead of the usual “each way” markets. If a user wishes to back a selection “each way,” he has the option to split his stake and place two bets, one to win and one to place. This also means that he can only bet on a single selection. Place markets, which are typically found on the left-hand menu next to the win market, are available for the majority of large-entry competitions.

In-play betting is betting while an event is taking place. Unmatched bets are canceled at the start of selected events, and an in-play market is opened. To place a sports bet “in play,” dial 132 BET (132 238) and speak with one of the telephone betting operators, who are available 24/7, 7 days a week. Horse racing odds in play are available to all customers via the Internet and phone.

Back betting is when punters bet on something happening, such as a team, a horse, or a winner. Lay betting is when users bet on something not occurring.

Payment Methods at Betfair

Betfair Bookmaker Mobile App

• On both IOS and Android Smartphones and Tablets, the Mobile App is fully functional, simple to use, and free to download.
• The App for IOS can be downloaded directly from the App Store
• Bet Live is available through the App.
• The Android app needs to be downloaded directly from the website
• Hard to navigate.

Betfair Customer Support

The Customer Support is located in Darwin and is open 24 hours a day, seven days a week, so players can contact them by:

• Web Live Chat
• E-mail:
• AU: Telephone Betting 132 BET (132 238)/ Helpdesk 1300 BET FAIR (1300 238 324)
• NZ: Telephone betting 0800 567 002/ Helpdesk (08 0023 8324)
• International Phone Australia: +61 132 238
• Email: service@betfair.com.au
• Pricing Enquires: Email: PRICINGENQUIRIES@BETFAIR.COM.AU
• Account: Banking@betfair.com.au
• PO Box Address: GPO Box 1065 / Darwin City NT 0800        

FAQs

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