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Betfair Review

Betfair Overview

Betfair
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Betfair Features

  • $500 WInning Boost
  • BEST ODDS on Sports and Racing
  • World's biggest betting exchange
  • Lay Betting
  • In-play betting
  • Racing form analysis

Basics

Site Name: Betfair
Website URL www.betfair.com.au
Country: Australia
Bonus Info: $500* WInner Boost
Bonus Code: A20WIN
Minimum Deposit: $5
Support Options: Phone Support, Email
Deposit Options: visamastercardbpaypolibank transfer
Withdrawal Options: bank transfer
US Players Accepted: No
Bet Now: Click here to Join now and Start Betting!

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Full Review

*Bonus eligibility - please read
This sign up bonus is not available to residents of SA, NSW, VIC, and WA due to regulations imposed by each states gaming regulator, we apologise for any inconvenience this causes.
[service title="*Bonus eligibility - please read" icon="icon: warning" icon_color="#eed409"]This sign up bonus is not available to residents of SA, NSW, VIC, and WA due to regulations imposed by each states gaming regulator, we apologise for any inconvenience this causes.[/service] [taq_review] Why choose Betfair? Get the best betting odds available on any race or sports event with Betfair Betting exchange. Betfair is the only betting exchange bookmaker of it’s kind in Australia. This review will go into detail of Betfair’s best features available. Quick Summary: What is a Betting Exchange? What is Lay Betting? The Betfair Hub - Helpful betting guides Race Speed Profiles Betting Better Guide Betfair Starting Price Cash out Betting In-Play Betting Mobile App Promotions Join Betfair and receive a 20% winning boost up to $500!   History Betfair was founded in August 1999 by Andrew Black and Edward Wray, Betfair is a licensed gambling operator in the UK, Australia, Malta, Italy, Austria and Germany. Betfair is the worlds leading betting exchange, a concept it pioneered in 1999! The Betfair group of companies offers a global portfolio of gambling products and services. In 2014, Betfair sold a 50% stake of the company to Crown Resorts which is one the largest entertainment and betting companies in Australia.   What is a Betting Exchange? A betting exchange is a similar business model to the likes of Uber and Airbnb. Your basically betting against another person instead of the bookmaker, which is what makes Betfair different to the others. Betfair betting markets provide true betting odds based on supply and demand. You will be provided with a greater value on any sports or racing event by betting with Betfair.   What is Lay Betting? Betfair offers an exclusive lay bet option in Australia. A lay bet is a betting option provided by betting exchanges such as Betfair where you become the bookmaker. Compared to traditional betting, lay betting means you’re betting on an event to lose rather than win. If you think a horse can’t win a race or a team can’t win the match then lay a bet at the odds on offer. Placing a lay bet with Betfair is quick and easy. On a event, the pink section represents the lay bet option. Select the lay bet option and enter the bet stake to place the bet.   The Betfair Hub - Helpful betting guides The Betfair Hub is full of helpful betting guides and strategies to help you win more. The hub covers a wide range of sports and racing both in Australia and Overseas. Find out what’s happening in the AFL or Throughbred racing in the latest betting news section. During the AFL and NRL season, read through the Hub articles to find Betfair’s best bets per round. The hub also includes detailed guides for Saturday Throughbred racing and provides you with their best tips for every race. All hub articles are based on proven statistics per sport and a wide range of variables are taken into…

Betfair Review

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Why choose Betfair?

Betfair-Review-300x99 BetfairGet the best betting odds available on any race or sports event with Betfair Betting exchange. Betfair is the only betting exchange bookmaker of it’s kind in Australia.

This review will go into detail of Betfair’s best features available.

Quick Summary:

 

History

Betfair was founded in August 1999 by Andrew Black and Edward Wray, Betfair is a licensed gambling operator in the UK, Australia, Malta, Italy, Austria and Germany. Betfair is the worlds leading betting exchange, a concept it pioneered in 1999! The Betfair group of companies offers a global portfolio of gambling products and services. In 2014, Betfair sold a 50% stake of the company to Crown Resorts which is one the largest entertainment and betting companies in Australia.

 

What is a Betting Exchange?

A betting exchange is a similar business model to the likes of Uber and Airbnb. Your basically betting against another person instead of the bookmaker, which is what makes Betfair different to the others. Betfair betting markets provide true betting odds based on supply and demand. You will be provided with a greater value on any sports or racing event by betting with Betfair.
 

What is Lay Betting?

Betfair offers an exclusive lay bet option in Australia.

A lay bet is a betting option provided by betting exchanges such as Betfair where you become the bookmaker. Compared to traditional betting, lay betting means you’re betting on an event to lose rather than win. If you think a horse can’t win a race or a team can’t win the match then lay a bet at the odds on offer.

Placing a lay bet with Betfair is quick and easy. On a event, the pink section represents the lay bet option. Select the lay bet option and enter the bet stake to place the bet.
 

The Betfair Hub – Helpful betting guides

Betfair-Hub BetfairThe Betfair Hub is full of helpful betting guides and strategies to help you win more. The hub covers a wide range of sports and racing both in Australia and Overseas.

Find out what’s happening in the AFL or Throughbred racing in the latest betting news section. During the AFL and NRL season, read through the Hub articles to find Betfair’s best bets per round.

The hub also includes detailed guides for Saturday Throughbred racing and provides you with their best tips for every race.

All hub articles are based on proven statistics per sport and a wide range of variables are taken into account. With all this information a betting market per event is calculated to give you the best odds possible.
 

Race Speed Profiles

Use racing speed data to find the best horse in a race.

Betfair-Racing-Speed-Profiles Betfair Betfair takes betting on horse racing to another level with the introduction of race speed profiles.

The race speed profile is split into three speeds per race; early setting speed, middle section and late closing speed. The speeds are shown in metres per second. Using the speed of each horse at a split, an average race speed is then displayed as a blue line per split.

The race speed profile provides you with a great insight into which horse is more suitable to back or lay a bet on. This gives you an advantage in betting compared to other bookmakers that just provide odds or lack analytical data.

Race speed profiles are available on Sydney and Melbourne metro horse racing every Saturday.
 

Betting Better Guide

Betfair-Betting-Guides-300x150 BetfairWith the Betfair Betting Better Guide you will learn the basics of betting with Betfair as well as developing correct strategies for winning.

The betting better guide section has a wide range of information for your to read, including; basic strategy, betting principles, racing strategies, sport strategies and lay strategies.

In the basic strategy section you can view guides on sports betting strategy, arbitrage betting, sports trading and green booking.

The betting principles section contains articles on understanding over-round, overall form and recent form guides, value betting, cash out and staking strategy.

In the racing strategy you can find articles on topics such as; the importance of jockeys, winning expectations and staking, pricing up a market, horse racing trading and in-play betting strategy.

If your more of a sports betting fan, the sports strategy section provides excellent strategies for any sport. The sports section is based on finding value in less popular markets such as top run scorer in Cricket or most aces in Tennis.

The lay strategies section will help you learn more about lay betting tactics and advanced lay functionality with Betfair.

 

Betfair Starting Price

Get a great starting price with Betfair.

Betfair-Starting-Price BetfairWith Betfair’s starting price option you get more value compared to traditional starting prices from other bookmakers. The starting price is calculated using the bets placed by backers and layers in the market of an event. This gives you a true starting price on a market. A race that allows Betfair starting price will display at the top of the event.

  • Match bets quickly
  • Get smarter odds
  • Set an odds limit

Betfair starting price is available on a wide range of thoroughbred, harness and greyhound racing events in Australia, New Zealand and International racing win markets.

Betfair does earn a little commission on your net winnings, however compared to other bookmakers your account won’t be locked for earning too much!
 

Cash out Betting

Like many other bookmakers, Betfair also offers you the opportunity to cash out on a pending bet. With cash out you can lock in a profit before the market has closed. Cash out definitely puts the punter in control of their bets.

  • Maximise control
  • Minimise risk

To view bets that have cash out available, simply click on Cash Out icon at the top of the Betfair website. The cash out page shows all bets that can be cashed out. Each bet shows three options; liability, profit and take. The liability is the size of your bet or the stake that potentially can be won or lost. The profit shows how much you stand to earn or lose on the bet. While the take option is the total amount you earn when you cash out. Bets shown with a Green ribbon mean they’re currently in profit.

The cash out feature can only be selected on certain exchange markets. A cash out icon will be shown on a pending bet. Cash out can become unavailable if the odds have changed or a market has been suspended.
 

In-Play Betting

With Betfair you can bet In-play on selected Australian and International Thoroughbred and Harness races online through the website. While in-play betting is also available on sports over the phone. In-play betting is available at anytime from the start of an event and before the market is suspended.

Using in-play betting is of great advantage when markets are fluctuating which means you can get better odds then normal. For example, if a favourite in a horse race misses the start you can live bet on another horse at better odds to beat it.

An in play event will show an “in-play” icon at the top of a market.
 

Mobile App

Betfair-Mobile BetfairBack or lay bets using the Betfair Mobile app. The mobile app allows you to track pending bets, deposit or withdraw funds from your main wallet, view a large range of markets and more!

A great feature of the mobile app is the PIN login option. Set a 4 digit code and use this code to login on the app. Very simple and saves you from remembering or typing your password each time.

The app can be downloaded from the Apple App store for iPhone users. While Android users can download the app from a QR code. If you don’t have an updated mobile device, you can also view a mobile version of the website.
 

Promotions

Betfair provides promotions regularly on sports and racing. You can find the latest promotions in the Betfair ‘Promotions Hub’, these can range from specific specials on a cricket match, to weekly AFL or NRL specials, daily specials on thoroughbred racing across Australia and more!

Latest Betfair Promotions
 

Join Betfair and receive a 20% winning boost up to $500!

Betfair offers new members who sign up through SignUpBonus.com.au a $500 winning boost! Start betting with Betfair today! Simply follow the steps below, it’s quick and easy to get started.

Create an account at Betfair by clicking here! Deposit the money you are willing to bet into your new account.

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