- Fixed-odds or exchange betting
- Good range of racing betting offers
- Up to 15% better odds on exchange
NB: Betfair review based on personal experience/opinion and for reference purposes only.
Betfair originally launched as a Betting Exchange back in 2000, and immediately changed the world of online betting for the better as they offered much more competitive odds.
The Exchange format was ground-breaking, as it meant that sports betting fans could now bet against each other, which resulted in roughly 14% better odds than traditional bookmakers.
Exchange betting isn’t for everybody though, and Betfair.com soon realised they were missing out on a large number of bettors and subsequently launched a traditional bookmaking option.
The combination of a fixed odds betting platform. as well as Exchange betting options means that Betfair are one of the best bookmakers when it comes to horse racing.
In addition to one of the most comprehensive range of markets and betting types, the sheer volume of information that’s available at Betfair on horse racing is amazing.
Information about racing events, horse forms, jockey and trainer details, detailed race cards alongside some great live in-play options ensures that Betfair really stands out from the crowd.
When it comes to odds, we’ve always found Betfair’s fixed odds competitive, and if you can’t find the bet you’re looking for, you can more than likely find a punter offering it in the Exchange.
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The Betfair.com website is pretty good, and both fixed odds and Exchange platforms well integrated, which ensures you have a seamless experience when using both options.
It also means that your funds are in kept in one online betting account, and there’s no need to transfer money between them in order to bet, lay or back horse racing bets.
For those unfamiliar to online betting, the website has been designed with new users in mind, and is therefore extremely intuitive and easy to navigate, allowing you to find and bet quickly.
Excellent betting tutorials and information on all of the different options are easily available, and Betfair offers access to their sports betting forum where you’re able to discuss betting tips and matters related to horse racing with other Betfair members.
Betfair also joined forces with PaddyPower in 2015. The new group they formed is now known as Flutter Entertainment and is one of the largest players in the sports betting arena.
With both fixed odds and Exchange betting options Betfair are actually quite hard to beat when it comes to UK residents whishing to bet on horse racing.
Ongoing horse racing offers such as ‘Best Odds Guaranteed’ and specific event promotions make them even more competitive and appealing to horse racing fans.
Here are the contact details for Betfair.com should you need to get in touch:
Phone UK: 0870 0110 444
Phone Int: +44 20 8834 8000
Email: [email protected]
Address: Betfair, Waterfront, Hammersmith Embankment, Chancellors Rd., London W6 9HP
Signing up with Betfair
Opening a Betfair account is a straightforward process. To get started you’ll need to head to Betfair.com and click on the ‘Join Now’ button on the top of the page beside the Login option.
You’ll then be asked for personal details including name, date of birth, address, email address, banking options and you’ll also be required to set up your username and password.
Once you’ve completed the registration form and your account has been set up, you’ll need to make a deposit in order to claim the Betfair free bet offer for new account holders.
Betfair Betting Markets
Over the past few years, Betfair has substantially improved the range and depth of the sports betting markets that they offer members in both fixed odds and Exchange betting.
Horse racing markets are extremely good due to the fact that Betfair have really invested in these markets, with a huge selection of races from around the world including the United Kingdom, Ireland, France, USA and Australia.
You can also bet on loads of other sports including football, athletics, Australian rules, baseball, basketball, boxing, cricket, golf, greyhounds, rugby and Motorsports to name but a few.
There are some great pre-event betting offers and boosted odds, and you’ll also find that Betfair offer some fantastic ‘in-play’ betting options on the majority of their sports markets.