Betfair Sports Review
Betfair is one of the leading betting online sites in the world. The company started out already in 2000 and used its time well. In 2009, Betfair Sportsbook goes online and takes the world by storm. The bookmaker accepts players worldwide (with exceptions) and lets them place their wagers on the secure and safe Betfair platform.
As a UK sports betting provider, Betfair Sportsbook is licensed by Gibraltar, the overseas British territory which keeps its subjects of regulation under strict surveillance. Betfair holds also many other licenses in other countries, including, first of all the UK, then, Spain, Malta, Italy, Denmark, and Australia.
Betfair Sportsbook was founded in 2000 by Andrew Black and Ed Wray who launched the idea of exchange betting for the first time. Exchange betting includes wagering against their own odds or odds of other bettors. This was a game-changer for the entire industry and added an innovative touch in the entire industry.
The most famous UK sports betting provider has expanded its services in 2012. From 2012, you can bet with fixed odds at Betfair Sportsbook. What else the sports betting giant brings to the table will be discussed below.
Betfair Sportsbook tries to make its website feel like home to punters, and the bookie conveniently offers casino services along with sports betting and bookmaking. Passionate punters only have to open an account to become a member of the widely recognized Betfair Sportsbook community.
The website offers all options on the top of the page layout and players do not have to look around for specific information since Betfair maintains a neat website with a clear interface. The website offers a convenient switch between exchange and sports betting tabs, which means that bettors can easily and successfully flick between betting against each other or the house. The switch is extremely facilitated since you can do it using only a single account. There is no unnecessary transfer of funds every time you want to switch between the two possibilities.
Betfair Sports Safety And Security
Betfair takes great care of the security system of its website by using special software tools to keep intruders out. Of course, we are talking about SSL encryption which disables any attempt of cybercrime. SSL encryption became the norm, not only for online casinos and online businesses, but for financial institutions and other companies as well. Your funds and personal data are safe with Betfair and transactions are also not exposed to any kind of external influences. In addition, firewall protection is also enabled preventing cyber criminals from breaking in.
Betfair Sportsbook Service Package
One of the things bettors expect is choice of variety. As a leading sports betting shop, it is only natural that Betfair Sportsbook
has one of the most attractive service packages. Betfair covers numerous sports and a variety of different markets and bets for each. It also provides guidelines, news, and betting tips to the newcomers who need every help they can get.
Football Betting and Betfair Sportsbook
One of the most popular sports betting is football betting, especially in the cradle of football Great Britain. As a true UK sports betting leader, Betfair covers all leagues whereby the most popular are the UK Premiere League and the Champions League. Many passionate football fans like to spice up the games with a bet or two. The all-around bookmaker offers also live or in-play betting for those who want to place a bet in the middle of the game.
When it comes to the English Premier League football betting, you can bet on every single match and enjoy great and competitive odds. Even if Betfair Sportsbook sometimes offers uncompetitive odds, the Premiere League is quite a special occasion, where the bookmaker sets some of the most desirable odds in the business. Betfair knows that the Premiere League fever is always one of the emotional highlights each season and that fans show appreciation for their favourite team by betting on them. Betfair Sportsbook tries to attract as many fans as possible by offering competitive odds.
The leagues and games are easy to find on the tidy website and the bookmaker offers very simple bets as well. For example, the Yes/No bet is very popular, where you can bet on whether a team wins or not. Will Manchester beat Everton? Yes or No?
Live football betting betting is also smooth with the bookie who made sure that the software can keep up with live streams and live sports betting orders.
Other Sports Betting
Tennis, handball, horse racing, cricket, ice hockey, and basketball sports betting are also available with Betfair Sportsbook aside from football betting and their popularity has also grown recently. The broker offers 25 different sports including Mixed Martial Arts, athletics, golf, baseball, e-sports, greyhound racing, and many more. It is hard to find a sport that this bookie does not cover. Betfair Sportsbook offers even politics bets for those who follow the political situation and are ready to make predictions on which party is going to win. Join the next UK General Election on a complete other level with Betfair Sportsbook and make some profit out of your prediction.
Virtual sports betting has also taken over the industry, and Betfair Sportsbook is right in the middle of things. Passionate video players who enjoy Football Manager or Fifa, etc. can now place wagers on the fantasy games generated by computer software including football, baseball, horse racing, hockey. Virtual sports betting takes the same form as real betting with odds on matches, a made-up history and players’ profiles.
Sports Betting Odds At Betfair Sportsbook
Bettors often do not think a lot about the odds a bookmaker sets, still, every bettor is aware of the importance of odds. Odds are an integral part of sports betting since they represent the probability of a result. Bookmakers set their own odds whereby some events have lower and some have higher odds. Betfair Sportsbook is a bookmaker who does not offer the most competitive odds all the time, but in comparison to many other bookmakers, Betfair Sportsbook is quite competitive. When it seems that the odds are not that attarctive, we also have to take into account that the bookmaker offers high-quality service which compensates for the sometimes high odds. Moreover, the broker offers lucrative cash backs and concessions.
To know the exact limits on bets, you may contact Betfair Sportsbook customer support, but in general, there are no unusual limits and unless you are depositing hundreds of thousands of dollars, you should be safe with any amount you deposit.
The Betfair Merger with Paddy Power
In 2015, Betfair came to an agreement with one of its biggest business rivals, the Irish power bookmaker Paddy Power. The two decided to join forces and offer services as one bookmaker. The deal was realized in February 2016 and the two powerhouses became known as Paddy Power Betfair. The merger was represented as Paddy Power taking over Betfair, but the truth is that Paddy Power has gained only a 4% advantage with 52% of shares, whereas Betfair owns 48% of the shares. Despite the merger, both companies still operate as separate entities, e.g. in Great Britain, Ireland, etc.
This was one of the biggest mergers in history of sports betting, and the main seat of Paddy Power Betfair is in Dublin. About 80% of their revenues come from online sports betting, a fact which only confirms that online sports betting has become one of the most lucrative forms of income for bookies. The joined stores of the giants represent now a single hub which offers the most exquisite world-class services to the sports lover community.
Make some extra money in the Betfair Online Casino
Betfair Sportsbook is not only a bookmaker, but the company offers also casino services, bingo, a poker room, and other entertaining games. Play a round of Blackjack or Roulette and enjoy the thrill. The live casino section lets you play directly against a dealer of your choice. Slots, Bacarat, etc., are also part of the all-around Betfair website. The poker room is a small community of around 2,000 active players, and if you prefer smaller, more intimate poker games, then Betfair has the right poker room for you. If you are a big poker player who participates in tournaments, then stick only to the Betfair Sportsbook. The best thing is that the website of the book maker is neat with a clear interface and all options and sections are easy to find. The trend of bookmaking + casino has been spreading very quickly and Betfair is one of the leading UK sports betting giants who successfully offers the two-in-one package.
The Perks and Benefits Of Betfair Sportsbook
As we said, Betfair comes up with other ways to compensate for the sometimes unattractive odds, and the best part of placing bets with Betfair is definitely the cash out option, football betting cashback, the best odds guaranteed (but only for UK and Irish horse race bettors).
The Cash Out Option is a kind of guarantee for the bettor who wants to close a bet but with profit. The Cash Out Option is offered for all sports featured on the Betfair website and refers to taking profit before a game ends. This means that you can close your bet only after 10 minutes, 30 minutes, etc., and if your team is winning at that point, you can simply click your way out of the bet and gain some profit. The Cash Out Option works very simple, based on mouse-click and there are no further complications. Regardless of the end result, you gain a fraction of the profit if the odds are in your favour at the point of exiting. This one-click option is especially useful to newcomers and inexperienced bettors who do not have to engage in complicated procedures.
Best Odds Guaranteed which refers to horse racing bets only, guarantees payouts at the bigger price. For example, if you happen to take an early price and the odds increase by the end of the race for your winning horse, you go home with the bigger profit. Best Odds Guaranteed became meanwhile a standard part and the majority of bookmakers rely on this bait to attract customers. If you place bets on horse racing frequently, always choose a bookmaker who offers the Best Odds Guaranteed option and you will see the difference it makes in long-term profits.
Betfair Sprotsbook does not stop here, and has another surprise for football bettors. Live football matches are accompanied by the live football cash back option. The interesting option leaves the bettor the choice to pick in what kind of situation they will receive a cash back. Bettors can bet on who is going to score first, whether a player will earn a red card during the match, a score in the first 10 minutes, both teams score, etc.
The football cash back option is a true refreshment in the bookmaking industry, but we would not expect anything less from the dominant industry leader Betfair.
Mobile Sports Betting
The bookmaker has to provide for a high-quality app since one of its major occupations is in-play betting and we all know that live-betting requires a smooth performance. Luckily, Betfair Sportsbook seems to be a true fan of the different technological devices, and provides for different download methods to make sure that all punters needs are met.
The Betfair mobile app is adaptable to different systems like Android and iOS, and it can be downloaded to iPhones, Android smartphones, iPads, and blackberries. The iPhone Sportbook app offers almost the same features as the desktop version and you can freely place a bet while on the bus, in office, coffeshop, etc. The Sportsbook Android app works also flawless and you will receive regular updates from the bookmaker. The iPAD app is also very smooth and intuitive and includes the original desktop features like cash out options, promotions, and much more.
Promotions and Bonuses At Betfair
Betfair is one of the most generous bookies who especially likes to show appreciation to new sports betting customers. If you are considering joining a bookmaker right now, you can gain some cash bonus with Betfair. Currently, the bookie runs a promotion for newcomers, i.e. deposit 20 GBP, but play with 40 GBP. If you deposit 10 GBP, then additional 20 GBP will be waiting for you. All you have to do is to deposit and claim the bonus. Then, wager the bonus 10 times and you are good to go. The online casino section offers also interesting and appealing promotions like the 15,000 GBP every Monday bonus for active Arcade players.
Betfair’s settling periods can vary in the sportsbook section, which, sometimes, take longer to transfer funds, and sometimes it requires to contact the customer support to deal with the issue. On the other hand, the exchange side is more reliable with instant settles.
Betfair is mostly focused on customers or punters from the UK and Ireland where some of the most passionate sports fans can be found, and we already mentioned the different countries where the bookmaker can be found, so let us now list the countries where Betfair does not offer its services. They are Canada, USA, France, Greece, Slovenia, South Africa, and China.
The Betfair website is available in several languages (besides English), and those are Swedish, Spanish, Portuguese, and Russian.
Betfair offers an extensive list of all possible payment methods that it accepts. You can choose from 15 funding options which the bookmaker covers. They are wire transfer, Visa, MasterCard, Neteller, UCash, Click2Play, PayPal, Skril, EntroPay, InstaDebit, DPay, Poli, Neosurf, Paysafe, and cheque.
When a bookmaker is as popular as Betfair, it can be a little bit difficult to reach the support team instantly. Still, the bookmaker does not let you wait longer than 5 or 10 minutes. Some bettors might expect an instant reply, but they have to be a little bit patient since the support team is usually busy with the numerous inquiries coming from bettors. The support is available for 12 hours a day, form 10 a.m. to 10 p.m., and Betfair might consider extending the support working hours. The support team can be reached via e-mail, phone line or the so-popular live chat.
Betfair Sportsbook Final Verdict
Betfair is definitely one of the most desirable online bookmakers in the world. With a global dominance over bookmaking markets and an extensive and all-around service package, Betfair represents one of the biggest fish in the sports betting sea. We all know that UK sports betting has always been one step ahead, but Betfair has raised the standards to a completely other level. If we add its merge with another industry giant Paddy Power, we can only say that Betfair is a must-visit website if you are into online sports betting. You will definitely find what you are looking for with this bookmaker who has the needed experience and passion for bookmaking.