Betfair Australia - bookmaker review

Betfair

Betfair betting exchange has been in the betting market since 2000. Originally called The Sporting Exchange Limited, it was purely an exchange where players bet against each other on certain events. The originators of the idea were British professional bettors Andrew Blackham and Edward Rae. As the exchange evolved, the idea of expanding the resource’s capabilities emerged:

  • in 2013, a classic bookmaker’s section appeared;
  • In 2016, following a merger with Irish Paddy Power, a Casino section was added.

By the way, Betfair Bookmaker is an official partner of CONMEBOL – that’s saying a lot. After all, it is unlikely that such a reputable tournament has partnered with some resource with a dubious reputation.

Since February 2016, the resource has been called Betfair. The BK has nine official licences – the relevant authorities in Bulgaria, Denmark, Gibraltar, Ireland, Italy, Malta, the United Kingdom and Tasmania.

The main advantages of Betfair Australia are its impeccable reputation in the betting market, the variety of games in the Casino section, the existence of a betting exchange (Betfair exchange), and advantageous playing conditions in each of the sections of the resource. It is no coincidence that the resource currently has more than 1 million active users worldwide. Moreover, the 60 international awards from various organizations for such a short period also says something.

The betting company employs tens of thousands of people – you can find its offices practically in every country in the world. In 2007, Betfair launched its own radio station that broadcasts exchange news and announces the most interesting sports events around the clock.

Ratings
Bonuses
Variety of betting
Mobile
Site usability
Payment methods
Support
Screenshots
Pros & Cons
One of the largest established sports betting exchanges in the world;
The highest odds on sporting events;
In this betting company maxes are not cut for plus players (it is the same for all);
User-friendly mobile apps for betting and casino sections;
A large number of slots and games in the casino section.
The relatively small selection of markets for most hockey and tennis tournaments
The relatively long withdrawal times
Fact File
Available betting types
Sport, Horse racing, Greyhound racing, Politics
Deposit/Withdraw Methods
Visa, MasterCard, Skrill, Neteller, POLi, Bank transfer.
Minimum deposit
$10
Minimum withdrawal
$20
App
IPhone, Android
Support
Email, Telephone
Company
Betfair Pty Limited
Founded
1999

Betfair website – interface and functionality

Betfair’s website is designed to be both robust and very simple. It is immediately apparent that the design is created by serious professionals who care about Betfair customers. The site’s interface is translated into 15 languages, which is a nice touch.

On the main betfair com au you can immediately see where to bet on sports (regular betting or betting exchange), where to play casino (including all its sub-sections), where to read about bonuses and promotions. All the buttons to the sections with content information about the resource, its rules, privacy policy and so on are located at the bottom of the site.

Betfair bonuses

There is no signup bonus available at Betfair, nor is there any bonus available at all, as it is against Australian law for bookmakers to offer a signup bonus to new bettors.

Betfair promo Codes

When alluding to Betfair’s promo codes, it is important to note the following. Promocodes do exist, but in order to use them you need to be a citizen of the country it is intended to attract.

Betfair sign up

Betfair sign up

At Betfair sign up itself is not difficult. To create a new game account:

  1. Go to the site of the bookmaker’s office.
  2. Click the “Join now” button.
  3. Fill in the registration form (the personal data must be truthful; you will have to confirm them with the documents later):
  • Surname and first name;
  • Address of residence (country, city, street, house, flat);
  • Address of residence (country, city, street, house, apartment); Work email;
  • Mobile phone number in international format;
  • Date of birth;
  • Gender (male/female);
  • Password to login to the game account;
  • The answer to the secret question;
  • Currency of the game account (Euros, American, Australian or Hong Kong dollars, pounds sterling, Danish, Norwegian or Swedish kronas);
  • Set maximum limits for this account (per week / per month).
  1. Click the button “Save Information” (you actually confirm that you are familiar with the rules of the resource, and agree with them);
  2. Go to your e-mail and confirm it by going to the BK website according to the link you received.

A gambling account has been created – you can log in to Betfair using

Betfair login

Betfair login

To log in to Betfair, you must:

  1. Type the address of the Betfair Broker in your browser;
  2. Press the ‘Login’ button;
  3. Enter your registration email and password;
  4. Click the button “Login”.

All – betfair com au login is done. You can replenish the game account and start playing.

Account verification

All bookmakers must operate according to KYC (Know Your Customer) and AML (Anti-Money Laundering) standards. These standards impose strict restrictions on bookmakers:

  1. The customers of a betting company cannot be minors (at least 18 years old) or citizens who live in countries where betting is forbidden by law.
  2. The client must verify the ownership by means of a payment method.

Verification of your Betfair account is carried out as follows. To verify your personal details you will need to send an email to BK (screenshots of your passport or driving licence + utility bill issued to you within 3 months). And to confirm your financial integrity:

  • A screenshot of the front side of the bank card. Card number must necessarily show first six and last four digits, as well as make sure that the owner’s name and expiry date are clearly legible:
  • A screenshot of the e-wallet’s personal account, showing the wallet’s address and username;
  • A bank statement showing your name, address and account number from no more than 6 months ago, showing the deposit made into your Betfair account, with the amount and date clearly visible. (Please note we do not accept screenshots of bank statements and can only accept paper copies or PDF statements).

Betfair payment methods

To make a deposit you can use:

  • VISA, VISA Electron, MasterCard (credit cards from UK and Irish banks are not accepted);
  • electronic wallet WebMoney;
  • Skrill, Neteller;
  • direct bank transfer.

Betfair itself does not charge any deposit fees – fees may be charged by the banks and payment systems themselves.

Time of crediting funds to your betting account – the money comes instantly after the completion of the transaction in the relevant payment system (in case of a deposit by bank transfer – 2-3 working days).

For withdrawal can be used only those ways and those accounts/purses from which you made a deposit. Withdrawal time depends on the method: from 4 hours to 5 business days.

Payment method Minimum deposit Minimum withdrawal/time limit
VISA, VISA Electron, MasterCard $10 $20 / Up to 24 hours
WebMoney $5 $20 / Up to 4 hours
Skrill, Neteller $10 $20 / Up to 24 hours
Bank transfer $100 $100 / Up to 3 days

Note. For players from Australia, there is a so-called ‘Australian account’ in the player’s personal cabinet. This is due to the peculiarities of gambling regulation in Australia.

Why so called? Because it doesn’t change the currency of the gambling account. An “Australian account” is for betting on all sporting events that take place in Australia or that involve an Australian national team. Money is transferred from the main account to the ‘Australia account’ and back in your profile instantly.

Offers from Betfair Sportsbook

Betfair offers

The biggest and most popular section on the site is undoubtedly the Betfair Sportsbook section. There are over 30 sports (including sports as exotic as greyhound racing, horse racing and wrestling, for most bookmakers) in the main section. It is also possible to bet on political and showbiz events.

Bets can be placed as single bets or as a simple express bet (‘systems’, ‘stairs’ and other betting options are not available at Betfair.)

You can find different leagues from over 50 countries + the most important international competitions (world, European, Latin American, African championships, etc.) in the “Betfair Football Betting” section. The markets for betting on football games vary from around 200 markets for major football events to approx. 100 for matches in unpopular tournaments. Besides basic markets on outcomes, totals, handicaps in football it is possible to bet on statistics (corners, yellow cards, authors of goals) and combined bets (for example, “win+both_goal”, “double outcome + total”, etc.).

As for other betting markets there are not so much markets – up to 100. But there is a good range of markets on totals and handicaps.

For greyhound racing and horse racing, there are interesting offers on winner, runner-up and other nuances of these disciplines.

There is a special subsection for betting on cyber sports disciplines: Dota 2, Counter-Strike, League of Legends, Rainbow 6 and FIFA.

The average pre-match betting margin is 3-4% (1,5-2% for prestigious and popular events, 5-6% for unpopular matches) – this is one of the best margins in the world of betting (the vast majority of competitors have it from 5.5%).

There is a Cash Out feature in the sports betting section, which allows customers to make early settlements of single pre-match or live bets on football, tennis and horse racing. The betting provider may, at its discretion, accept the request (in which case the amount will be transferred to the player’s account depending on the odds of the event) or refuse the request (in which case the bet will be calculated after the event has taken place).

The minimum bet amount is 2€. The maximum is determined for every match separately. The maximum winnings of a Parlay can vary between 250.000 GBP and 1.000.000 GBP depending on the limits set for each player.

Live betting

Betfair live

The bookmaker offers a good selection of betting options in the Betfair live betting section, which covers almost the same sports as the pre-match. By the way, in Live mode, the number of betting markets for an unpopular football, hockey or basketball match can be even greater than in the pre-match. The only disadvantage of this section is that sometimes the odds change so quickly that the player just does not have time to place a bet on the event he likes. This is especially true for such dynamic sports as basketball, tennis, hurling and horse racing.

The average margin in live betting in Betfair Australia is 8-9%. Again, this is a very high figure – most BKs have more than 10%.

Betfair results

Betfair results

The bookmaker has a special ‘Betfair Results’ section. It contains an extended version of the results of sports events, so that any player can independently decide whether his bet won or not. In addition, these results can be used to assess the past game statistically.

Betfair casino

There is no casino section in Betfair Australia, for the same reasons there are no welcome bonuses. It is prohibited by Australian law.

Betfair exchange

The Betfair Australia betting exchange is a unique and innovative offering. It is not your typical sports betting system. There are no typical betting odds – players bet with each other rather than with the Betting Broker.

The essence of betting. One player selects an event and bets on its outcome. The other players can respond or support him. As a result 2 buttons appear against the sporting event – “blue” is for the first player’s proposed option, “red” is against this event. For example, in the game Manchester City vs Liverpool, the player bets 100€ on Manchester City’s win and puts the “for”/”against” quotes. It means that the “red” button means that Liverpool will not lose in this match (draw or win). As a result, the pot “for” and the pot “against” is formed at the expense of bets placed by other players.

After the match is over, the entire pot of the losing option is distributed proportionally among the players of the winning pot. And here is the interesting thing. If a player bet “for” and lost, he just lost his bet. If he bet against, the Betfair exchange works – if he loses, he not only loses his bet, but his account is also debited with 100% of the bet he lost.

Betfair will deduct an intermediary commission of 6.5% for verified players and up to 20% for unverified players.

Betfair mobile

Betfair mobile

Until recently, Betfair’s betting company and online casino were only accessible from a computer. But since 2016, the official website programmers have developed adaptive mobile versions for Android and iOS platforms.

Mobile Betfair is not inferior in design and functionality to the official site, but has greatly improved in terms of convenience for the player who wants to enjoy the game from a smartphone or tablet. In the mobile version you can do everything that is available from the main site – registration, verification, making a deposit, betting on sports or playing in the casino, withdrawing money from the gaming account.

Betfair app for different devices

Betfair App

Betfair offers its players the use of apps for Apple devices. The Betfair app version is a complete app for the resource and is virtually indistinguishable from the mobile version of the main site.

But the main highlight of the site is that there are different betfair com au app for individual casino subsections – for slots and slot machines, for arcades, for video poker, for bingo, etc. This allows a player with a device with limited space and data downloads to have more comfortable access to the game they love.

Conclusion

To summarise, we can say that this bookmaker has a wide range of events to bet on and offers a good selection of betting markets. In addition, Betfair has established itself as a trustworthy operator around the world and meets all quality standards in the betting industry.

Customer Support Service

The vast majority of players who have had to contact Betfair’s support team note the speed and professionalism of the operators on duty – they receive expert help in a very short time.

For questions relating to the nuances of the game, bonuses and other issues, the best way to contact the online support chat – wait no more than 5 minutes for direct contact with the operator on duty.

For more serious queries, such as verification or queries related to bet settlement, failed deposits or outstanding withdrawals, telephone/fax or email support is usually answered within 24 hours.

Contact Betfair:

Email service@betfair.com.au
Phone +61 8 8912 2333
Live chat
Author
English soccer journalist and writer. He is an expert in the field of soccer. Graduated from the Manchester Institute. He hosts sports podcasts.

Questions & Answers about BetDeluxe

Is it legal to bet on Betfair in Australia?

Betfair Australia holds an official state licence and is fully legal.

Can I trust Betfair?

Betfair com au is trustworthy - not one major complaint in over 10 years of betting.

How long does it take Betfair to withdraw winnings?

Withdrawal times vary depending on the method: to e-wallets up to 4 hours; To a bank card and payment systems from 4 to 24 hours; 2-5 banking days to a bank account.

Does Betfair have an app?

We do. The Betfair resource has recently launched official applications for Android and iOS platforms. You can download it by following the relevant notice at the top of the official website homepage.
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