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Highlights
  • Top bonus bet welcome offer
  • Excellent odds on rugby, cricket
  • Live streaming available

Betfair Reviews For New Zealand 2020

Is Betfair Reliable?

Betfair is simply one of the best sports betting sites in the world. This is because this site has pioneered the concept of betting exchanges. This means that you can sign up to Betfair and enjoy some of the best sports betting odds anywhere on the internet. But there’s plenty more reasons why you should give Betfair a try. Just take a look at the Betfair welcome bonus and you’ll see that the brand is willing to give you lots of bonus bets to play with.

Most Betfair reviews will tell you that this is one of the world’s most popular betting exchanges. But our review of Betfair New Zealand went beyond showing you how this site allows you to back and lay bets. This is because we awarded our honest Betfair ratings for everything from the brand’s top sports betting odds to its excellent customer service facilities.

If you’re asking ‘Is Betfair secure?’, you’ll like our positive Betfair ratings for things like live betting, mobile betting and everything else that makes this one of the 21st century’s most exciting bookmakers. So while there might be other Betfair reviews out there, ours found that Betfair New Zealand is an excellent all-rounder.

Betfair Strengths and Weaknesses
Betfair Strengths and Weaknesses
  • Awesome bonus bet welcome offer
  • Licensed by Australia’s Northern Territory
  • Excellent odds on rugby, cricket and more
  • World’s leading betting exchange
  • Some live streaming available
  • Fewer promotions than ideal

Bonus Offers

The majority of online bookmakers tend to put on welcome bonuses as a way of encouraging new customers to sign up to their sites. However, we found that Betfair New Zealand have nothing in the way of sign up offers.

This will certainly harm the Betfair ratings as many rival brands have welcome bonuses that can do things like double a new customer’s opening deposit. But before you give up completely on Betfair New Zealand, it’s worth noting that they have a scheme in place that can help you reduce your commission rates.

Betfair charge a standard commission rate of around 5% for most of the betting profits that you receive. However, if you gather together enough Betfair Points, then you might be able to get anything up to 60% off the amount of commission that you have to pay.

You can simply pick up Betfair Points by putting down real money bets on the site. While it would take plenty of time and money to get the full 60% commission reduction, it’s nice to know that Betfair New Zealand are willing to help you increase your sports betting profits.

Usability, Look & Feel

Betfair have earned a great reputation for revolutionising the way in which we enjoy sports betting. This is something that extends to their sports betting site as its sleek interface means that you’ll find it very simple and swift to start backing and laying bets.

The Betfair site makes excellent use of the brand’s black, white and amber colour scheme. While some of the text can be a little small to read, all of the language used is clear, accurate and mercifully free of the hyperbole that tends to clutter up other sports betting sites.

This is because Betfair are keen to promote the image that they are a betting site for serious sports betting enthusiasts. As a result, you’ll find a massive amount of distinct betting markets packed into the page for each sporting encounter. What’s great is that Betfair have ensured that their website never feels too cluttered.

Everything on the Betfair site is logically arranged and easy to navigate. There are useful navigation bars that allow you to browse between all of the major sports betting options, and you should also find useful tabs for things like your account, making deposits and your existing bets.

The footer to the Betfair website has all of the important information regarding things like licensing, responsible gambling and rules and regulation. But it’s in The Hub where you’ll get to see what this betting exchange is all about the.

The Betfair Hub is packed with useful articles relating to things like betting strategies, sports tips and prediction models. It’s here where you will get to see how Betfair operates, and all of the information is presented in a clear and easy-to-read manner.

Above all, Betfair gives you an excellent idea of what you should expect from a sports betting website in the modern era. It loads quickly, looks great and makes it easy to win big at this excellent sports betting exchange.

App/Mobile

Betfair have created a betting app that’s designed to make it effortlessly simple to use their betting exchange on a mobile. The Betfair app is available for iOS and Android devices and it is available to download for free.

Downloading the Betfair app means that you can access all of the features of the betting exchange from the palm of your hand. But it is also packed with cool customisation features and handy visualisations that are designed to help you make the most out of the betting site.

These include a full market depth feature that makes it simple to see the shifting odds for a massive amount of runners in a horse race or a greyhound race. There’s also a useful collection of price graphs that can help you see the price fluctuations on sports teams, players and runners.

Payments

As you’ll be betting with your own money, it’s definitely worth asking is Betfair secure when it comes to the payment methods that it facilitates? Thankfully the brand give you the option of using a broad variety of trustworthy payment brands that can all be used for making secure deposits and withdrawals. Remember that you will have to bet in Australian dollars at Betfair.

This means that you can use credit cards and debit cards like Visa and MasterCard, ewallets such as Neteller and Skrill, or you could make a bank transfer via POLi or through the standard methods. Just check to make sure that these are available for New Zealand first.

PayPal
Paysafecard
Credit Card
Neteller
Skrill
+ 2

All card and ewallet deposits will be free, instant and there is no minimum deposit threshold. Bank transfers might take up to three working days and you can deposit from a minimum of $15.

Is Betfair reliable for fast withdrawals? You might not be able to make card withdrawals here, but if you use ewallets like Skrill and Neteller you should be able to receive your winnings in one or two working days. Bank transfer withdrawals should take between one and three working days, and all withdrawals should be free of charge.

Customer Service

Many Betfair reviews have noted that this brand have a solid reputation for customer support. But is Betfair reliable when it comes to helping out theIR New Zealand customers? After all, Betfair New Zealand customers will probably be using the brand’s Australian site, and it’s worth checking that you can get an efficient and professional response to your queries.

Thankfully we’ve been able to award some decent Betfair ratings for customer support. This is because there is a dedicated Betfair New Zealand telephone help desk as well as a telephone betting number. While the lack of live chat feature might let down the Betfair ratings a little, there is an Australia-based email support address that could be good for your queries.

Betfair have also created a very useful help section on their website. This covers a massive amount of topics that are designed to help you make the most of the betting exchange. Plus it also has a few useful articles that can help you with account queries as well as how you handle your deposits and withdrawals.

License & Security

Is Betfair reliable? As the UK-based brand have been around since 1999, it means that they have plenty of experience in offering sports bets. But with our Betfair ratings for licensing and security, you’ll get the full picture of what this betting exchange is all about.

All Betfair reviews will let you know that this is the world’s biggest betting exchange. But is Betfair secure enough to make you feel confident about betting on sports here?

MGA - Malta Gaming Authority
UKGC - UK Gambling Commission
Australia’s Northern Territory
New Jersey (US)
Spain

We’ll base our Betfair ratings for safety on the brand’s Australian site as this is the one that most New Zealand customers will be using. Betfair Australia are fully licensed and regulated by the Northern Territory Government. This means that it’s legal to bet on sports here from New Zealand, and you should also enjoy a good amount of protection in case anything goes wrong with your bets.

Is Betfair secure in how it handles your personal details? We found that the brand operate a fully encrypted website that should be able to keep your data in safe hands. We should also note that Betfair operates a responsible gambling policy. This allows you to set your own deposit and loss limits, as well as give yourself a time out or self exclusion option. All of which can be helpful in keeping your sports betting under control.

Rewards & Loyalty Program

We’ve already pointed out that Betfair don’t have anything in the way of welcome bonuses. Plus it looks like the brand have very little in the way of sports betting promotions for existing customers.

This will certainly put Betfair at a slight disadvantage to their competitors. If you take a look at just about any New Zealand bookmaker, then you will find that they have a wide range of special offers. From matched deposit bonuses for new customers, to enhanced odds offers for existing customers, it seems that there are many ways that bookmakers like to reward their clientele.

Perhaps it’s because Betfair are a betting exchange that they don’t offer anything in the way of promotions. After all, the value of their service is the fact that they allow you to bet against other punters rather than their own odds.

As a result, it seems that their Betfair Points scheme to reduce commission fees could actually work out to be a good deal. The majority of standard sports betting promotions tend to accompanied by some fairly tricky wagering conditions, so the lack of Betfair bonuses might not be entirely a bad thing.

Betfair Sports Betting

Betting Markets

Betfair New Zealand offer their customers a comprehensive betting service that takes in just about all of the sports that you could wish for. Betfair are renowned for strong odds on sports like horse racing, greyhound racing, football, American football, basketball, cricket, tennis, rugby and golf.

However, many Betfair reviews have noted that the brand serve up decent odds for many more sports. Here’s a full rundown of the other sports covered at Betfair New Zealand; athletics, Australian rules football, baseball, boxing, cycling, darts, esports, Gaelic games, handball, ice hockey, mixed martial arts, motor sport, snooker, volleyball and winter sports.

Is Betfair reliable for giving you plenty of betting markets for each individual sporting encounter? We took a look at a T20 international cricket match between India and West Indies and found that Betfair New Zealand gave you 23 different betting markets. This allowed you to bet on anything from who would win the toss to predicting whether there would be a tied match or not. All of which helps to push up the Betfair ratings.

Odds

If you have read any Betfair reviews, you will know that this is a betting exchange. This means that you bet against other sports fans rather than the bookmaker. As a result, it should mean that you enjoy greater variance in the odds on offer, and therefore could be in line to get some of the best odds on the market.

In order to put this to the test, we took the time to carry out a quick odds comparison between Betfair and a standard bookmaker. This meant comparing the odds between Betfair and Guts for a T20 international cricket match between India and West Indies.

Betfair’s customers were giving you odds of up to 1.44 for an India win which was better than Guts’ odds of 1.43 for the same result. If you wanted to back West Indies to win, Betfair’s customers had odds of up to 3.30 which again were better than Guts’ odds of 3.15.

Live Betting & Streaming

All decent sports betting sites will offer customers live betting. Betfair have earned a great reputation for their in-play betting service and they will serve up a massive amount of constantly changing live odds for sports like football, tennis, cricket, basketball, handball, snooker and much more.

You don’t just get in-play bets for a match winner at Betfair. For a cricket Test match between Pakistan and Sri Lanka, we found plenty of in-play betting markets that allowed you to bet live on things like first innings runs, top scoring batsman and so on.

But what’s best is that Betfair even offer a live streaming service. This allows you a great way to watch top sports like horse racing, greyhound racing, snooker, football, cricket, basketball, ice hockey and more. Not the most important part of the Betfair reviews, but a nice touch nonetheless.

Limits

This was just one example and it’s important to factor in Betfair’s commission rates of around 5% into this. But when you consider the fact that Betfair don’t implement any betting limits, it’s clear that this site could give you some great value for your sports bets.

Product Conclusion

Betfair has an extensive sportsbook that offers all the major and more obscure sports. Everything from eSports to tennis, Betfair has you covered. Furthermore, they offer a diverse range of betting markets which has certainly contributed to the overall satisfaction of the bookmaker’s player base. As such, if you are looking for abookmaker that prides itself on quality and efficiency, Betfair might just be the operator you were looking for.

87/100
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Overall Conclusion

Betfair have earned a strong reputation as a result of their betting exchange. While it’s easy to be cynical about innovations in the sports betting realm, it’s clear that the Betfair exchange gives you an excellent way to get some of the best odds on the market.

It’s important to remember that betting exchanges might not be ideally suited to those who are new to sports betting. But if you have plenty of experience with your sports bets and want to take things up a level then Betfair could definitely be worth a look.

Is Betfair secure? Their site is fully licensed for customers from New Zealand, they have a New Zealand-based customer help desk and they provide you with a reassuring selection of trustworthy payment methods.

The only real downside to using the Betfair sports betting service is the fact that they had virtually nothing in the way of bonuses and promotions. But if you are just looking for some exceptional sports betting odds and a very professional service, then it’s clear that you won’t be disappointed by signing up to Betfair.

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