Betfair Review & Promotions
Betfair are an excellent worldwide sports and casino betting site that have been established since 2000. Betfair is mainly a betting exchange site, which is something that not many betting sites offer, and it makes Betfair unique. It was not until 2005, when Betfair managed to sustain a betting exchange license in a number of countries, one of them being Australia. The Betfair casino and gaming service is not available to residents of Australia unfortunately.
Being a betting exchange site means that they are ultimately not completely a bookmaker, but instead a platform where odds are traded between punters. It is punters betting against each other. So, one customer will offer odds for a selection and another will then place a bet on these odds. Betfair play no part in these odds, however what they do is take a 5% commission from the winner of each bet.
In this Betfair review, we will take a look at what Betfair can offer you as a customer and whether it is the best betting site for your tastes and preferences.
The Betfair layout is excellent, it is informative and very easy to navigate. It has that look of professionalism, which punters want on a betting site in order to trust it more. At the top of the betting site, we have the Betfair logo, the Betfair login options and also a search bar for you to use to find any specific markets or competitions. Underneath the logo, there is a strip of different markets and sports for you to follow, to the relevant page. The different options include Home, In-Play, Horse Racing, Greyhound Racing, Soccer, NFL, Basketball, Cricket, Tennis, League, Golf, Betfair LIVE, The Hub, Results.
Down the left side is where you can find the different betting sports and markets, this will allow you to find the place you want to bet with extreme ease. Across the top, there are promotional content boxes which have featured markets for you to bet on. The reason for this is because they are not allowed to advertise promotions under the gambling laws. Underneath the promotional ads, you will find all of the different in-play and upcoming fixtures for you to bet on, you can simply just click on a selection and it will be added to your betting slip. Down the right side, you can find the quick links of the betting platform, so you can find the exact page you want without having to do much searching. There are more quick links and licensing listed at the bottom of the betting site.
There are a lot of different sports betting markets that you are allowed to bet on. These are some of the most popular betting markets from all away around the world. These markets include: American Football, Athletics, Australian Rules, Baseball, Basketball, Boxing, Cricket, Current Affairs, Cycling, Darts, Financial Bets, Gaelic Games, Golf, Greyhound Racing, Handball, Horse Racing, Ice Hockey, Motor Sport, Politics, Rugby League, Rugby Union, Snooker, Soccer, Special Bets, Tennis, Volleyball, Winter Sports. Within these sports, there are a range of different markets and outcomes to predict.
Live Sports Betting
Betfair certainly do offer a live sports betting section. However, you are not able to bet on these sports live on the website or app. Instead you must ring up the bookmaker and place your bet live over the phone. This is because of the gambling laws which state that in Australia you cannot bet live on the betting platform. The sports that you can bet on live include Football, Tennis, Cricket, Snooker, Ice Hockey, Volleyball, Basketball.
The betting exchange is a marketplace in itself and it allows odds to be presented on different outcomes of sports, which you can then decide to bet on. This unique feature will allow you to bet as both a punter but also the bookmaker. The reason why this form of marketplace and betting is so special is because the betting odds are better than what a bookmaker can offer you, therefore you can get more money for your selections. There are also betting tournaments which you can access thanks to Betfair. Then as we mentioned before, Betfair themselves earn their money by taking 5%.
Betfair is also applicable on mobile devices, so if you have a smartphone or tablet device, you are able to access the Betfair platform anywhere on the go. There are 2 different ways in which you can access the Betfair exchange, the first way being through a web browser. Use the internet browser on your mobile device and search for the website. It is mobile optimised so that you can still access all of the features that you can find on the website, on your phone.
The other alternative is to download the Betfair betting app, which is available on iOS, Android, Windows or Blackberry. You can do this by locating the Betfair app on the app store. Once you have found it, you can download it for free, which doesn’t require much storage space all at. This will then give you more immediate access to your betting account and you can place bets faster, making betting more convenient.
Betfair is up there as one of the best betting sites in the world, so of course it is going to be a top recommendation of ours. There are some excellent betting markets to choose from, with competitive odds, that are better than any other due to the fact that they are a betting exchange marketplace. There are a range of different deposit options for customers to choose from, which include credit cards, debit cards, POLi, bank transfer, BPAY, Skrill and Neteller. The minimum bet amount is $5, which is a very low amount for a bookmaker. There are some convincing bonuses and promotions that you can get your hands on, but because of the gambling laws in Australia, you cannot view them unless you register with the bookmaker.
If you are looking for a trusted site with a lot of popularity, then Betfair is the one for you. Also, we heavily recommend trying out their betting exchange, due to the number of customers using that marketplace, it is making the odds even better.
Here are some of the best features of Betfair Australia.
- You are able to bet on both the for and against outcomes.
- There is an excellent range of sports available to bet on.
- Low wagering requirements on bonuses.
- Only betting exchange licensed in Australia.
- There is a community forum that you can use to chat to other players.
- Good Customer Service.
- Not known to be a beginner friendly bookmaker.
- Betfair charge commission rates, which can be complicated.