Betfair is definitely unique in the industry. They work on betting exchanges, where you bet against another player. The idea is similar to the stock exchange concept and has become exceptionally popular in the last two decades. In 2012, they decided to add traditional bookmaker services to their portfolio.
Since then, Betfair has been a leader in fixed-odds sportsbooks, sporting some of the best sportsbooks odds in the industry. As such, Betfair reviews have been good ever since its inception in the early 2000s. The Betfair sign up offer is fairly enticing, promising $100 in free bets if you place 5 $10 bets of your own.
Pro and Con
Betfair has very good odds
Huge variety of events and games
A trusted provider since the early 2000’s
Prices are one of the lowest in the industry
5% commission charged on winning bets on the exchange
Betfair Bonus - What bonuses are available from Betfair?
Most US sportsbooks offer a bonus. While not the biggest in the industry, Betfair sign up offers certainly are enticing. The promotions are fair and offered to all players.
You can use Betfair bonus codes to access other promotions and sometimes a Betfair promo code can be used. These bonuses and promotions are unbiased and managed well.
Most bookmakers will offer you a single sign up bonus to encourage you to open an account. They may also have promotions that run from time to time. Betfair has a unique sign up offer, which is incidentally also one of the best offers in the industry at the moment and they have a long history of fair trade with their bonuses and promotions.
Top 5 Tips – Five tips to take advantage of your Betfair offers
The Betfair betting platform allows users to place wagers in an exchange setting. You could describe it as an online marketplace, where price movement directly correlates to the wagers bettors have placed, rather than being set by Betfair themselves. Below, we have itemized five key considerations to help guide you on your way to placing your first Betfair wager.
Understanding price movement
Sports betting should be fun, but doing a little homework into how exchanges work will stand you in good stead going forward. Firstly, understand that, unlike usual odds, Betfair’s odds are created by bettor’s behavior.
Considerations such as form, rivalries, and breaking news may not be taken into account by other bettors on this particular fixture – they could be betting with their heart on their favored team.
Don’t get caught up in the moment
Following on from the above quite nicely, we consider the appeal of betting the trend or wagering on favorite. Unlike most betting platforms, Betfair’s price movement is dictated by its bettors.
Ensure you are staying ahead of the pack by doing your own research. By betting with your head and reviewing the form, team injuries, suspensions, and match conditions before placing your wager, you could find yourself with some great-looking odds compared to those who are following the most popular team.
Make good use of your bonuses
All betting platforms will offer their customers lucrative offers and promotions to keep them coming back for more (or to sign up in the first place!). However, before making use of your Betfair promo code and opting-in to your latest Betfair USA promotion, be sure to check for any expiration dates, wagering requirements, and market availability to ensure you can meet the required expectations and minimum terms.
Deposit only what you can afford
We know this one seems obvious, but we cannot stress this enough. Betting/trading with the Betfair exchange is a great way to add some more excitement to your favored sporting fixtures and an enjoyable
way to visit the casino during these current times, but you must consider your own financial health before doing so.
We recommend reviewing your outgoings for the month and taking advantage of the deposit limit tool available to you. This way, you can trade/wager on the NFL, NBA, or any other sport you desire, without running the risk of negatively interfering with your other financial commitments.
Reflect on your previous wins/losses
Although sports betting and casino wagers are placed with fun at the forefront, profitability is a consideration and an outcome we all hope for when placing our bets. Your betting history is a great place to review what is going right or what is going wrong when placing your wagers, and we recommend checking at the end of each month to see how you’ve been getting on.
Are you following the crowd? Are you looking at player statistics? Referees? Are you placing trades in-play? These are all great questions to be asking when reviewing your betting history, addressing any strategies that have not worked, and implementing those that do more frequently.
Frequently Asked Questions – Everything you need to know
I made a Betfair bonus deposit, but it only shows $20 in free bets? I thought it was $100?
What makes this Betfair sign up offer unique is that with each deposit of $10 or more, you qualify for $20 in free bets. You can do this with your first five deposits, which then equals to $100. Each time you make a deposit you will receive the offer of free bets within 24 hours. You can use these free bets on any of the events or games that you are interested in.
How do I know if I have unlocked a free Betfair sportsbook bet?
When logging in to their Betfair USA mobile app, users can press on their cash balance and select My Bonuses in the My Account section. For those of you who prefer to use your laptop or desktop, you can access this information by selecting My Bonuses.
This particular section of the Betfair exchange will show users exactly what free bets they have unlocked, the expiration dates, and details of what markets they can use their betting credits towards.
When will I receive my Betfair USA free bet credits?
When signing up to the Betfair exchange, once you have fulfilled the outlined deposit and wagering requirements, as per the Betfair sign-up offers terms and conditions, your bonus credits will be released into your account immediately.For those of you taking advantage of current on-site promotions, look out for Betfair promo codes, minimum deposits, staking and wagering requirements, as well as what markets you can use your bonuses on. These should all be accessible in the terms and conditions, as well as when you can expect to receive your free bet credits.
I need to sort out my tax return. Can I see my wagering history?
In short, yes. As a Betfair USA customer, you will have access to a section on your account called My Bets. Once you have clicked on this tab, you can review any outstanding or past wagers that have been placed – as well as reviewing your profit/loss for the year.
If you are looking for past history, you can simply select Past and refine the dates to highlight your account history during the tax year – simple!
Why did my wager use my account funds rather than the bonus?
It is quite possible that your Betfair USA wager did not meet the criteria set out in the promotion’s terms and conditions. Before placing any sportsbook bet, be sure to check the markets available, staking, and wagering requirements, as well as if you will need a Betfair bonus code.
You may also be already using a bonus, or your bonus may not have been deposited into your account yet. Both of the above would result in your wager being funded via your main account.
What happens if my stake does not match my free bet credit?
Betfair USA allows users to place their full bet credits or partial credits towards their wager.
If your stake is less than your free bet credits, the stake will be deducted from the total bonus credit amount. Any outstanding bonus funds can then be used at a later date.
If your stake is higher than your free bet credits, the full bet credit will be wagered, as well as any additional funds that are required from your main account funds.
Betfair Sports Bonus – What do you get?
The Betfair USA sign up offer for the sportsbook is definitely one of the best in the industry. When you sign up and make your first deposit of at least $10, Betfair offers you $20 in free bets. You can repeat this deposit four times, to get a total value of $100 in free bets. While other sportsbooks offer you a match of your first deposit, usually with fairly low limits, you can get quite a nice bonus with Betfair.
You can use these free bets on any sport or event you are interested in. The free bets cannot be transferred to your account for cash and can only be used with the Betfair sportsbook. During our Betfair reviews we were pleased to discover that you can withdraw any winnings in cash.
Betfair Casino Bonus – Two offers to choose from!
Betfair has two different sign-up bonuses for the casino. If you are interested in slots, you can get 25 free spins when you sign up. You qualify for this bonus when you deposit $5 or more when you open your account. These spins must be used within seven days, or you forfeit them.
The online casino bonus codes for bingo is equally attractive. When you sign up and deposit $5 or more, you will receive a welcome bonus of $25 for slots and $15 to play on bingo. That’s a total of $40 simply for signing up. You also have seven days to use this bonus, before it expires.
The bonus cannot be transferred to your account for cash, but your winnings with the bonus play can.
Horse Racing With Betfair
If horse racing is what you’re looking for, look no further. The Betfair sign up offer for horse racing is similar to that of the sportsbook. Once you have opened your account, you can make a deposit of $5 or more and wager on odds of 1/2 or higher and receive $20 to place another wager. You can repeat this another four times to receive a total of $100 to place bets with.
Usability, Look and Feel - An intuitive betting site
The Betfair USA site is all about the excitement of the game. This site is easy to use with simple navigation options. Once you have opened your account you can access all your information under the account tab. You can see how much money is left as well as how much of your bonus you have already used.
Under your account tab, you can see withdrawal options which are not hard to navigate. A few clicks and the money should be in your account. Placing bets on any games or events is also easy. Simply choose the type of game and look for events. You can then decide how much you would like to wager.
The design of the Betfair website makes you feel excited about betting. The combination of light and dark, with a mix of yellow, imitates an exciting day at the races or football game. The site loads quickly and there should be no delays in live streaming or placing bets. You do need a stable internet connection to live stream and place in-play bets.
Betfair has won multiple awards, including for the technology and software it uses. For the average better, you don’t need to download any additional software to support the site, but it may become necessary when your bets become more complicated.
The Betfair mobile US gambling app is one of the best in the industry. You can access all of the features that the website offers on the mobile app. This includes perks such as live streaming horse races and cash-out options. The mobile app supports Android and iOS operating systems and is easy to use. The mobile app can be downloaded from the Betfair.com website. You can also find it in the app stores, depending on your area.
Payments - A variety of payment options
Betfair uses all of the major gambling site deposit options payment methods. These include credit cards and PayPal, as well as direct deposits. Once you have opened your account and verified the necessary details, you can make your first deposit.
The Betfair sign up offers will automatically display in your account. You can also use the Betfair promo codes or Betfair bonus code to unlock more offers.
Betfair USA withdrawals are just as simple as deposits, taking a maximum of three days to reflect back in your account, depending on the method of payment you used. Payouts will only be withheld if account information has not been verified. Payouts will be done in the same method of payment as the deposits were done.
Deposits and withdrawals are free of charge and you will only pay fees on the transactions if the method you choose requires this.
Deposits and withdrawals are simple and Betfair uses most of the widely accepted methods. Deposits will reflect in your account instantly, but withdrawals can take a little longer.
Betfair does not charge fees on any of their transactions. A 5% commission will be taken on exchange winnings. The only fees you will pay is for the method of payment you use if required.
Minimum deposits start at $10. Maximum deposits can be set in the ‘player protection area’ of the website. You can select weekly, monthly or yearly deposit limits, as well as the amount. You will be required to provide your password and username to finish these settings.
The minimum withdrawal will depend on your available funds and a maximum has been set at $5000 per day. Withdrawals can take 4 to 24 hours to reflect in your account, depending on the method of payment you prefer. Some transactions to banks can take 3 to 5 working days to complete.
Customer Service - Dedicated support from Betfair
There are different methods of contacting Betfair. They offer a toll free phone number, an email address and live chat. They also encourage customers to use Facebook, which is a very convenient method of messaging Betfair USA. You will be able to get immediate feedback on your queries.
Betfair USA allows for various channels of communication. They provide a customer support email address, a hotline and Betfair supports live chat. A unique feature of Betfair is the fact that they encourage players to use Facebook to message them. They are available on Facebook between 08:00 and 24:00 every day. You can expect quick responses from most of these platforms.
The hotline is toll free and available 24 hours a day, with all support being in English. There have been instances where clients have struggled to get a hold of customer services, but for the most part, their responses are quick and problems are sorted out effectively.
License & Security - Is Betfair legit?
Betfair are by no means a new US sportsbook. In the past 20 years, Betfair has made a good name for itself in the industry. Starting out as a betting exchange, it immediately became one of the best-known names in the gambling world. It added traditional bookmaking activities in 2012 and players from across the globe give Betfair reviews that are good.
Betfair as a brand has built up a good reputation and is seen as reliable. The best sportsbooks have generally been in the industry for at least seven years. This rings true for Betfair USA, after running for eight years and counting. Betfair is a well-known and reputable brand that you can trust.
Is Betfair secure? Betfair USA is a licensed operator. It uses encryption technology to keep private information and transactions made on the website safe and secure. They also keep up to date with internet security measures to ensure a safe gambling experience for all users.
Betfair is a licensed casino and sportsbook, with its main operations in Gibraltar. It holds a New Jersey Betting Exchange license for it’s betting exchange.
Data is encrypted by HydrantID to ensure the safety of all data and transactions that take place on the website. The operator uses a 128-piece SSL encryption, certified by Trusted Secure Technology Software 5. Ensuring honesty and fairness in games is done by Technical Systems Testing, a division of Gaming Laboratories International. Various measures are taken to stop malware and viruses. They also use the services of the world-renowned company eCogra for certification.
Rewards & Loyalty Program - Is there a VIP program at Betfair?
We have discussed Betfair’s sign up offer extensively, but there is much more in terms of rewards and loyalty programs. Betfair offers a loyalty program called MyBetfair Reward. This allows you to earn points on every bet your place. These points can be redeemed for free bets or spins.
The reward scheme works on a tier program, which allows you to earn points that will determine your VIP ranking. Once you have earned enough points to reach a certain level, you have to earn at least 50% of those points to maintain that level.
For every $1 that you wager you earn five points. The higher you go on the tier, the higher the conversion rate for your points. This also allows you to unlock extra rewards, invites to events and special customer service. This rewards program is well suited to serious players who want to earn loyalty points to convert back to free play.
Betfair Sports Betting
Betting Markets - Awesome bets on all top sports
Betfair USA has a good variety of sports and events to bet on. You will find all of the most popular sports, leagues and events with Betfair. This means that you’ll get a stress-free way to bet on all major sports like football, hockey, basketball, baseball and beyond.
It is noteworthy that Betfair is a sponsor of some of the biggest teams in Europe, including Arsenal, Barcelona and the Serie A Giants Juventus. When you log on to the website, you will find that you can also participate in live betting, as well as live streaming of horse races and other events. It’s easy to see why this betting giant is considered to be one of best US sportsbooks out there.
Odds - Give the Betfair sports odds a try
Looking for the best sportsbooks odds? In comparison to other bookmakers, Betfair USA has very good odds. The industry standard for bookmakers is to have lower odds than reality. This is how they would generate revenue. But, because Betfair operates as a betting exchange, they can have better odds than the industry standard. You will pay 5% commission on any winnings made via the Betfair Exchange. All of which gives you more for your bets on everything from the NFL and MLB to the NHL and NBA.
Live Betting - Free live streaming at Betfair
When you log on to the website, you will find that you can also participate in live betting. This means that you can enjoy in-play bets on top sports like soccer, tennis, basketball, hockey and even esports. But the best thing is that you can even use Betfair for live streaming of horse races, soccer and many other sporting events.
Uniqueness - Why the Betfair sportsbook is so popular
Betfair is simply unlike most sportsbooks. While you can use Betfair to bet on fixed-odds, you’ll be missing out unless you check out the exchange. This is because the exchange lets you back and lay bets against other punters and this means that you might enjoy superior odds. Plus there are many more cool features on the Betfair site that can take your bets to the next level. From an impressive virtual sports selection to the handy soccer multiple bet builder, we think that this is easily one of the best sportsbooks in the US.
Product Summary - A great choice for all US betting fans
Betfair has given you an innovative way to bet on your favourite sport. This is because the exchange is the perfect place to trade bets with other sports fans to make sure that you get even more value. What’s great is that this betting service covers all major sports like football and basketball down to some pretty niche sports. So whether you want to put down a moneyline bet on the NFL or a spread bet on the NBA game, be sure to give Betfair a try.
Software - Casino games from the best developers
By visiting the Betfair casino, you’ll be first in line to play slots and table games from some of the biggest game developers in the world. We found some awesome casino games here from the likes of Blueprint, Playtech, Play ’n Go and Cayetano. This is important as it is the game developer who determines the quality of graphics, audio and actual gameplay itself.
Game Portfolio - Hundreds of awesome games at the Betfair casino
All casino gaming fans will like what they find at the Betfair online casino. There are literally hundreds of amazing slot games here. These include some of the most famous slots such as Starburst and Book of Dead. Plus there are titles like Wolfs Gold that are part of the awesome Drops and Wins promotion. Table gaming fans will find a wealth of options ranging from Premium Blackjack to some simple 20p Roulette games. Just don’t forget about the massive jackpot games like Dynamite Riches, Fishin’ Frenzy and Age of the Gods.
Live Casino - Amazing live dealer games in the Betfair live casino
We found plenty of great live dealer games at the Betfair casino. These included some great variants of live dealer blackjack, and we loved playing Quantum roulette. Other live dealer gaming highlights included classics like baccarat and casino hold ‘em to some innovative options like Spin A Win.
Uniqueness - Top deals and exclusive Betfair casino games
You’ll probably know that Betfair has lots of cool bonuses for new and existing customers. But it’s also worth checking out the brand’s amazing casino tournaments that can offer you a great way to win big. We should also note that Betfair even has some of its own exclusive casino games. These include the likes of Betfair Bonus Roulette and Live Betfair Turbo Roulette. All of which won’t be found at any other online casinos.
Product Summary - Reasons to visit the Betfair casino
We found that Betfair has put on a truly excellent casino gaming service. You’ll find all of the big name slots and table games from the top developers here. Plus Betfair has even given you chance to play some of its own exclusive games. Everything from the jackpot slots to the live dealer table games offered you a fun and easy way to make some decent wins. So make sure that you sign up to Betfair and visit this excellent casino.
Betfair Horse Betting
Betting Markets- Racing markets at Betfair US
Betfair USA has an entire section within the sportsbook dedicated to horseracing. Here, you’ll find a number of domestic and international racing markets. There’s great coverage of race tracks from the US as well as countries such as Australia, France, Great Britain and Ireland, New Zealand, and South Africa.
In total, you’ll find close to 300 different horseracing events that you can bet on. These markets include enticing promotions which can be applied to a range of bet types – all of which increases your potential winnings!
Odds - Competitive horse racing odds
With the Betfair horseracing exchange, you’ll be able to set your own odds when engaging in a bet. Choose a market such as Antepost, and match a bet or set your odds. You’ll find that you can tilt the odds in your favor. However, you can also use the traditional sportsbook where Betfair has extremely competitive odds on a number of horseracing events.
Limits - What are the limits like?
Limits always vary depending on the event and bet in question. We always recommend that you use your bet slip to find out what the minimum and maximum bet amounts are as well as what your expected payout is. The bigger the event, the higher the maximum winnings are set at.
Live Betting & Streaming – Bet while you watch!
Betfair has incorporated an exciting live betting section for avid horseracing fans. Plus, you’ll be able to stream some of the biggest races of the year directly from your device. There’s no need to miss out on the action when you’re betting via the Betfair platform.
Product Summary - An excellent place for horse racing bets
Betfair is a world-renowned online sportsbook and betting exchange. They have established themselves as a leading platform for horseracing betting. With international and local race coverage in conjunction with competitive odds, you’ll be able to make the most of your online betting experience. You’ll also be able to live stream the biggest races of the year without having to leave the house!
Betfair Review FAQ
💥Is the Betfair platform good?
When it comes to US sportsbooks, you’ll find that some platforms are better than others. It comes down to a variety of different factors. As such, we always recommend that you stay in the loop by reading our latest bookmaker reviews here at Wetten. This will enable you to find a betting platform that exceeds your initial expectations.
💯Are the Betfair odds competitive?
You might find that online sportsbook platforms seem to offer similar odds across the board. However, this isn’t always the case. You need to know how to take advantage of profit boosts and find obscure markets where odds prove to be extremely valuable. At Wetten, we’ll outline whether Betfair has competitive odds and how you can make the most of them.
🎁Can I claim a Betfair bonus?
When it comes to the latest Betfair bonus, you need to be eligible in order to claim it. If you are not eligible, then you won’t be able to access the welcome bonus. First off, you need to be a new customer to the Betfair site. If this is the case, then head on over to our latest Betfair review to find out how you can claim the bonus. Be sure to claim a bonus that works for you!
📲How do I download the Betfair app?
You’ll find that downloading a mobile app is quick and easy. You won’t need to spend an age trying to access the app in question. We recommend that you find out if the operator in question offers a mobile app which is compatible on your operating system. Take a look at our latest Betfair review to find out how you can get your hands on their stellar mobile betting app.
Overall Conclusion - Up there with the very best!
Having such a big name in the industry, it is bound to happen that a few customers may have negative comments. For the greater part, however, Betfair has been one of the leading names in betting exchange and sportsbooks.
Betfair has numerous positive aspects, including their 24/7 customer support and the very attractive Betfair sign up offers. The odds are higher than with traditional bookmakers and they do not charge any fees, only commission on your winnings.
It is also convenient to make deposits since Betfair USA accepts all major methods of payments, including eWallets and credit cards.
With their huge variety of casino games and generous RTPs, there is limitless entertainment with Betfair. With Wetten.com US sportsbook reviews, Betfair is high on the list of excellent operators.
Unfortunately, Betfair has recently withdrawn from the new Jersey market. This comes down to the fact that their number weren’t as positive as they had hoped. As such, the expansion into the US market has been short-lived. You’ll come to find that there are a wide number of other online betting sites that you can access if you are a resident of New Jersey.
Betfair PA – No luck here
When it comes to Betfair PA, you won’t be able to use the Betfair online site. Unfortunately, this seems to be a trend that will continue in the same vein for the foreseeable future. Fortunately, you can find a range of online betting sites when you read our latest reviews right here at Betting.net. There’s no need to feel deterred as we’ll always ensure that you have more than enough options at your disposal.
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Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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