Betfar Review

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Overview

Betfair General Information Betfair is one of the most reputable and well known online bookmakers. The company was founded in 2000. The main offices of Betfair are located in England… more

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Details

BrokerBetfar
Website URL
Free Demo Account No
ECN Broker No
Scalping Allowed No
Managed No
Lowspread No
Forex Demo Contests No
Forex Live Contests No
US Traders Allowed No

Full Review

Betfair General Information

Betfair is one of the most reputable and well known online bookmakers. The company was founded in 2000. The main offices of Betfair are located in England and employes 1800+ people in several countries. For 2014 the company’s net profit exceeds £ 50 million. Every year there is an increase in this indicator, and there is no way else, since Betfair offers a huge variety of game options and bonus offers, which we will introduce to you in detail. Even now very few companies can compete with Betfair as it is an example of innovation in the betting world as it put the founding stones in features such as Cash out, Price Rush and Acca edge. In early 2016, Betfair merged with another bookmaker, Paddy Power, but the brand retained its trademark and continued to offer its services under its own name.

Betting Information

As expected, Betfair is one of the online bookmakers that is offering really wide variety of options for sports betting. The Open sports section allows you to bet on over 26 sports, including the main ones: football, volleyball, basketball, tennis, motor sports, horse racing, dog racing, MMA, rugby, college football and sports such as cycling, snooker, cricket, boxing and athletics.Not only that, you can bet on eSports as well. What is interesting about Betfair Sports is that almost all matches have diverse markets, which in turn give you the opportunity to bet on various possible developments in a match or match.

Besides sports betting options, you can also choose to bet on the casino and poker platforms and enjoy many popular games such as Roulette, Different slots, Blackjack and Poker. Sure enough, there is a Live Casino option as well. Players who enjoy bingo will be dissappointed as there is no bingo games available. For the convenience of its customers, there is mobile and phone betting as well.

Odds Information

The rates on the company website are some of the best you can find on the market. There are bets on events that you won’t find anywhere. You can compare the odds that Betfair offers with those of other companies and you will see that this bookmaker gives you some of the best. You will definitely find high stakes in Betfair. The only thing is that Betfair is taking a commission on winnings that vary from 5 to 7 %.The minimum is £2, and the maximum varies. The format of the odds is EU /1.5/. Betfair claims that its odds are around 20% better than most of the traditional online bookmakers. Also, the bookie has a policy to not cancel any bet except on some occasions.

Security and Customer Service

Betfair is making significant efforts to satisfy their customers by providing 24/7 support. Betfair’s support and customer care team is made up of professionals and account experts who would immediately assist you on request. In the help center you can find an open menu of questions and answers, which affects almost everything you need to know to get started in the bookmaker.

You can contact the customer service team via telephone, email, live chat and of course the help section of the website where you can find information on almost every question you may have. If you choose the email option, there is extensive support available on 14 languages including German, English, Polish, Russian and many more.

Deposits and Withdraws

Betfair offers quite flexible payment methods. You can easily and quickly deposit funds into your account, but you can also withdraw funds when you need them. The company offers some of the most popular and common methods, such as credit and debit card payments such as Visa and Master. Attention has also been drawn to players using e-wallets, such as Neteller and the infamous Skrill (Moneybookers). Bank transfer is embedded in the system, and the account name from which you initiate a payment must match the name of your gaming account. Betfair may require additional information when depositing or withdrawing funds via bank transfer.

All methods that you can use, whether they are for withdrawal or deposit, are exempt from any fees.

Deposit Bonus and Loyalty Programs

Betfair offers the Risk free bet bonus available to all the new registrants. This bonus is 100% of minimum deposit of up to £100. As a requirement you have to place a bet that qualifies in 7 days.You have to remember that your bet should be at least £20 in orer to qualify. In some countries there is restriction to participate in the Risk free bonus program. For example, Inida, Portugal, Macedonia, Poland and others.

For the loyal Betfair clients there are not many loyalty programs. You cannot find a reload bonus or a referral program. The same goes for the loyalty VIP programs. To compensate that, Betfair is offering several promotions that are ongoing and also some bonuses that are seasonal. For the latest promotions, it is always best to check the website regularly.

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