Betfair
With 20+ years of experience, Betfair is the biggest betting exchange globally, and it also offers the services of a traditional sportsbook. In 2016, it merged with Paddy Power and today is operated by Flutter Entertainment, which also owns Skybet and Pokerstars. The company holds licenses from the UKGC and the MGA and has acquired several local ones, namely in Australia, Sweden, Italy, and Spain.
The Betfair bookmaker is known for forming strong partnerships. Former Premier League legend Dimitar Berbatov and horse racing experts Paul Nicholls and Kevin Blake act as the brand’s ambassadors. The betting site accepts bettors from more than 50 countries, but different restrictions apply if you want to bet on the exchange or the sportsbook. The main highlights are the ability to back and lay bets at the exchange and the hundreds of football and horse racing options daily.
Betfair Pros
- Biggest Betting Exchange
- 20+ Years Experience
- Multi-licensed
- 35+ sports
- 500+ football markets pre-match
- Card & Corner bets
- More than 100 live tennis markets
- Bet Builder & Request a Bet
- Full, Partial & Auto Cash Out
- Live Streaming
- Exchange demo account
- 150+ Horse races daily
- 24/7 Customer Support
- Telephone betting
- Sportsbook & Exchange mobile apps
- High Winning Limits
- VIP Program
Betfair Cons
- Many restricted countries
- High Exchange Commission
- Premium & Turnover Charges
- Below par payout on sportsbook
- No Edit Bet
- Broadcast delays up to 5’’
- Slow Customer Support
- Fees on deposits & withdrawals
- No Cryptocurrencies
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Additional Betting Selections
FAQ
With more than 20 years of experience, Betfair is one of the biggest online bookmakers that merged with Paddy Power in 2016. It holds gambling licenses from the UKGC and the MGA and local ones from Australia, Sweden, Spain, Italy, Denmark, and Romania. All these suggest that it can be trusted.
The maximum you are allowed to win off a single bet is set at £1,000,000 for the biggest horse racing and football events. For minor sports and leagues, the amount gradually decreases to £250,000 and £100,000, depending on the event.
Bettors can perform payments with methods such as VISA, Mastercard, Skrill, Neteller, Apple Pay, PayPal, and more. Deposits are instant, while withdrawals might take between 2-5 days. Keep in mind that in some transaction methods, fees may apply.
Thought the two brands are operated by the same company, and they both offer sports betting, their sportsbook are different. If you are looking for information on the No.1 Poker operator, check out our Pokerstars Review.
If you want to close your account altogether, you can contact the customer service department, and they will handle your request. Remember that you can also elect to self-exclude yourself for a period of up to six months.
Whenever you face a problem with any online bookie, you should first contact Customer Support. They will try and resolve it any way they can. Alternatively, you can contact IBAS or the MGA if you do not live in the UK.
