Betfair Overview
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Betfair Key Figures
Betfair Mobile App
Betfair Deposit/Withdrawal Methods
Betfair Currencies
Betfair Legal Information
Betfair Detailed Review
Betfair has been found in 2000 in the UK, and has an interesting concept. It supports wagers between players, where Betfair acts as an arbiter. Naturally, the company takes a small fee from each transaction. Since April 2014 this platform does not support players from Russia, complicating the use of it for Russian players.
LEGAL INFORMATION
The bookmaker is licensed in the following jurisdictions: the UK, Malta, Alderney, Isle of Man and Gibraltar. All the transactions are secure due to the usage of DataCash for data protection. Betfair is considered to be a very safe platform, especially due to the thoroughly regulated arbitration procedure aimed towards the regulation of conflicts.
DESIGN AND NAVIGATION
Betfair supports eleven languages. Odds format is selectable among European (1:50) and conventional (7/2) fractions. The website works flawlessly even during peak times.
The design is rather pleasant – yellow colour as the primary and calm dark colours as secondary. The menu includes all core features (live bets, results, promotions) and core sports (football, tennis, basketball).
The main webpage is very simple: it is comprised of a “hot matches” tab, including those which are LIVE, where one can easily make a bet. Curiously, a lot of players participate in horse run bets and bets on virtual football.
The portal has no “filter” but it will save the results of all matches you participated in among almost 30 types of sports presented.
DEPOSIT AND WITHDRAWAL
One can open an account in Betfair in US/AU/HK dollars, Swedish Kronas, Sterling Pounds or Euros. Other currencies are not accepted. The minimal deposit amount is quite high – from 10 to 25 USD, depending on how one deposit.
The options are classic – wire transfer, credit or debit cards (Maestro, MasterCard, Solo, VISA, VISA Delta, VISA Electron), Neteller, Paysafecard, Skrill (Moneybookers). Interestingly, it also accepts WebMoney.
ODDS: VARIETY AND DESCRIPTIONS
Sports choice is very diverse, including darts, bicycle sport, winter sports, martial arts and others. From glancing at the list it strikes as if not a single event in the world was not included.
The in-sport variety is also very decent. One can bet on the tournaments in the next year, and some not well-known tournaments are also included in each category. All the tournaments are covered to the extent which local bookies would do – which is incredible. The only disadvantage is the traditional British ban on individual teams’ totals bet.
Betfair was among the first to introduce CashOut – a system to withdraw money at any present moment during the match. CashOut-approved matches are indicated by a yellow square.
MARGIN
The bookie’s margin is not among the lower ones, but it seems justified by odds exchange, where the margin is not applicable. Betfair’s average odds are around 1.90.
LIVE BETS
Live bets are called “In-Play” here. In-Play covers an optimal amount of events, everything significant is included. Variety among selected championships and event s, in general, is also decent. In-Play tracks statistics and matches review. Some matches have a live feed.
BONUSES AND PROMOTIONS
Betfair has a lot of promotions going on whenever you check, some of which get updated. This is definitely the bookie’s advantage.
MOBILE SUPPORT
Apart from PC/Mac version, Betfair made apps for each of its services (casino, sports bets, poker, etc.). The apps (iOs, Android) are quite decent and convenient as well.
CLIENT SUPPORT
Betfair has English-speaking 24/7 client support via phone 0344 871 000 (UK) and 0044 203 059 8888 (international calls). It also has a feedback form on the website.
MAXIMUM BET LIMITS
The limits are very generous, as one would expect from top-tier bookmakers. For Betfair it is a matter of prestige.
CONCLUSION
Betfair advertises odds exchange as its main activity, where the bookmaker is on the second place. Still, it is a very capable organization nevertheless, satisfying most of its clients. Unless you are from Russia, Betfair is the premium choice for any kind of player.