Betfair Exchange

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Betfair Exchange at a Glance

  Top highlights: A wide range of sporting markets, tips and previews

    VIP or loyalty programme: No

    Other offerings: Sportsbook, casino, live casino, poker, bingo

 

About Betfair Exchange

Betfair may not have been the first company to offer peer-to-peer gambling – that honour instead going to Flutter – but it has long been seen as a key pioneer of the betting exchange concept, whereby customers bet at odds set by themselves or others. The firm was launched in June 2000 and continues to be the world’s largest online betting exchange.

Promotions

With Betfair Exchange having the status of a betting exchange rather than a bookmaker – the latter function being served by the ‘Sportsbook’ part of the Betfair site – the company hasn’t traditionally been very aggressive in marketing itself through promotions.

However, when we visited the site for this review, we did see a strong assortment of exchange-specific promos.

These ranged from the opportunity to enjoy a lower commission on Premier League match odds and tuition from a professional trader, right through to promises of the best odds across some of the site’s most interesting sports markets.

Sports Betting Types and Betting Markets

Find all your favourite sports at Betfair Exchange

As you might expect given that the exchange has been running for almost two decades now, there’s definitely a good choice of sporting markets on offer, including the following especially popular categories...

  • Football

  • Horse

  • racing

  • Greyhound racing

  • Cricket

  • Tennis

  • Golf

Alongside these can be found some slightly more obscure sporting markets that will help to make Betfair Exchange an intriguing and rewarding place for you to try your luck for months and even years to come.

  • American football

  • Australian rules

  • Basketball

  • Esports

  • Gaelic games

  • Mixed martial arts

  • Snooker

  • Volleyball

Betting Coverage

Enjoy on-the-go betting with Betfair Exchange

The mobile experience that Betfair Exchange offers is certainly well-developed and slick, in line with its reputation as the world’s premier online betting exchange. You can access the site and place bets via your smartphone’s web browser, but you can also download a dedicated Betfair Exchange Betting app on iOS or Android.

Whether you bet from your mobile or a desktop computer, there are plenty of ways to enjoy the action. There is no shortage of in-play betting opportunities, for instance, defined as those that enable you to have a flutter as the action is actually taking place, and even live streaming can be enjoyed through the site for more than 100,000 events each year.

Software and Graphics

As aforementioned, Betfair Exchange doesn’t slack as far as its apps are concerned. Indeed, there’s even a directory of apps that you can access through the site – including OddsMonkey, Ipposnif, Cash Out All and Profit Maximiser, among others – to assist you in getting the most out of your online betting.

As for the wider site, it’s all very slick and classy, with the colour scheme being a tasteful combination of yellow-orange, black, grey and white, and the navigation system placing everything where you would expect to find it. Even if you do get lost, there’s a handy search box at the top of the page.

Extra Value

Whatever additional goodies you could want from your choice of online betting exchange, Betfair Exchange should be able to give it to you. The site is the Official Betting Partner of both Arsenal FC and FC Barcelona and offers the likes of tips, previews, a discussion forum, a learning section and even historical data for purchase and download.

Other Offerings

Betfair also has a live casino

Betfair has branched out from its previous betting exchange focus in recent years, not only becoming a bookmaker in its own right but also launching other sections of the site dedicated to casino, live casino, poker, exchange games, bingo and much more.

The sportsbook offers opportunities to bet on any of 29 popular sports, encompassing football, horse racing, tennis, American football, baseball, basketball, greyhound racing, cricket and golf, to name just some.

It’s in the casino, meanwhile, where you can revel in some of the finest slots, table games and jackpots. Then, there’s the live casino part of the site, which immerses you in an experience not unlike being sat in an actual casino during an intense game of roulette, blackjack or baccarat.

Deposit and Withdrawal Methods

Almost all of the obvious options for putting down money are covered at Betfair Exchange.  

Payment MethodFeeProcessing TimeMinimum Deposit
VisaNoneInstant£5
MasterCardNoneInstant£5
Visa DeltaNoneInstant£5
SoloNoneInstant£5
Visa ElectronNoneInstant£5
NetellerNoneInstant£5
SkrillNoneInstant£5
PayPalNoneInstant£5
Bank transferNone2-5 working days£5
PaysafecardNoneInstant£5

*Current as of April 2018; please check Betfair Exchange’s website for updates

Payout Policy

It’s straightforward to withdraw money, too, using the same methods that you used to deposit.

Withdrawal MethodProcessing Time
Visa2-5 working days
MasterCard2-5 working days
Visa Delta2-5 working days
Solo2-5 working days
Visa Electron2-5 working days
Neteller12-24 hours
Skrill12-24 hours
PayPal12-24 hours
Bank Transfer1-3 working days
Paysafecard 

*Current as of April 2018; please check Betfair Exchange’s website for updates

Customer Support

Getting help is as simple as clicking ‘Help’ at the top of the page to access the Betfair Help Centre, and then perusing the various categories of frequently asked questions (FAQs), covering such key topics as Verifying Your Account, Login/Registration Help and Depositing & Withdrawing. You can also contact the site support team via phone, live chat or social media on a 24/7 basis.

Who Can Play?

While Betfair is a truly internationally-focused company – meaning you can access and use the site from a vast range of countries – there are certain nations from which you will not be permitted to register an account. These include...

France

Greece

 Turkey

Portugal

Slovenia

China

Japan

Israel

 North Korea

Iran

Iraq

Lebanon

Thailand

Canada

Cuba

 Greenland

Mexico

 Ivory Coast

 Congo

 Libya

 Somalia

 Sudan

The site also supports multiple languages, including English, Danish, Dutch, Spanish, Portuguese, Swedish and more.

Licence

The site holds licences from both the UK Gambling Commission and the Malta Gaming Authority.

Bottom Line

Betfair may be the most familiar name of all when it comes to online betting exchanges, but it’s precisely because of this familiarity that it’s also easy to overlook just how good the platform is. It truly lives up to the notion of ‘the original and best’, with its vast range of sporting markets on which you can have a flutter, as well as well-regarded extras such as its tips, previews and discussion forum.

Sign up to Betfair Exchange today, and whatever you could hope an online betting exchange to offer, you can expect to benefit from it all here.

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