Betfair Sportsbook Overview

Betfair is one of the leading online gambling sites in the world. Betfair started their journey as a betting exchange in 2000, and it until 2012 was not added as a traditional sportsbook to its website providing the purchaser with the facility of using the transfer bets through a conventional bookie.

The exchange concept introduced Betfair as a middleman between bettors that are essentially betting versus each other. The site accepts the stakes, takes a cut for their commission, and then issues the winnings to the right party.

We are here to discuss Betfair in detail to provide insights about this betting exchange resource.

Betting options at betfair

Betfair tends to offer more than 20 regular sportsbooks alone. There are around hundreds to thousands of markets on each sport. They even provide the options of betting exchange, in-play betting section and virtual games.

There are numerous options available in the market to bet and we are pretty sure you can get them all here. Some of the sports are listed below:

  • Cricket
  • Tennis
  • Badminton
  • Football
  • Horse Racing
  • Baseball
  • Boxing
  • Cycling
  • Motor Racing

And many more.

Betfair offers in-play betting option. It is basically available for football matches; some cricket matches and other sports. They offer live streaming so that the customer is aware of the current scenario and bet accordingly. An account is necessary to bet on in-play matches. There is a small play button near the odds which means that the match is available with live streaming

How to open betfair account

It’s very straightforward to register your Betfair from any device. Yet, if you’re a newbie and require a little more light on the account open process, then follow easy steps to getting started and how to claim the Betfair sign up offer.

  • The basic aspects you need is the latest Betfair sign up code. Then make sure to press the ‘claim bonus’ link on this page
  • Click the ‘Join Now’ option on the Betfair website
  • Properly give away the registration form. At the last, give away the Betfair sign up offer code you have
  • Once your account is done, you’ll need to make your first deposit.
  • Place the requisite qualifying bets to receive your free bets bonus
Betfair Sportsbook Overview

Betfair account verification

Confirming the account grants you to extract money from your Betfair account. It is the ultimate stride in Betfair registration.

The UK customers need not issue any documents to Betfair. Betfair validates all individual account details through precise software. Most of the accounts verification processes accomplished with the help of this tool. In case if any of the accounts are not verifiable using this method are necessary to upload evidence of their identities.

Confirmation of identification is performed through the submission of personal identification and address information for verification.

Personal identification

It should be a photo ID of any of the following :

1.      Passport
2.      Driving Licence
3.      National Identification Card
4.      Citizenship certificate

Address verification

You can give away any of the following :

1.      Utility Bill (maximum 3 months older is allowed)
2.      Bank Statement copy (maximum 3 months older is allowed)

Betfair new customer offer

The Betfair new purchaser offer is worth up to £100 in free bets. For every five £10 bets you lay, you get a £20 free bet. You can repeat this same procedure up to four more occasions, to avail the maximum amount of £100.

While this is a fair offer, you do need to bet an aggregate amount of £50 for every £20 free bet whereas some other bookies dish out £20 in free bets with only a £5 qualifying bet necessary.

Betfair new customer offer image

The strength of the Betfair signs up offer is that it is possible to get far more free bets in total. This is why we mentioned above; this bonus will suit some punters but not others. If you bet £10 or more frequently, then there is long-term value in this promo. Although, if lesser stakes are your thing, we’d recommend checking out Ladbrokes, Coral, or Paddy Power.

Betfair banking options

There are a large number of options to deposit in the Betfair account. In addition to most popular deposit methods like Neteller and Skrill, the deposit can be made through credit cards, bank transfer, and Paysafecard.

There are a number of popular e-wallets which are accepted at Betfair

  • Debit Card (Visa or Mastercard)
  • Credit Card (Visa or Mastercard)
  • Neteller
  • ecoPayz
  • PayPal
  • Skrill
  • EntroPay Card
  • Bank Wire

Credit Cards are the most prominent method, and Betfair specifies regions from which credit cards usually accepted readily.

It’s not a complete assurance as any financial deals are rely on particular banking approval, but Betfair accepts credit card payments from registered customers in:

Visa and mastercard accepted

The minimum amount of Deposit: £10
Charges: 1.5%
Time of turnaround: Instant

Debit cards

Visa, Solo, Maestro, Laser
The minimum amount of Deposit: £10
Fees: No additional charges
Time of Turnaround: Instant

Paypal

The minimum amount of Deposit: £10
Charges: 1.5%
Time of Turnaround: Instant

Notes: Players who have funded their PayPal account with a credit card (in particular American Express) or by eBay sales may have some drawbacks using PayPal to fund their Betfair account

Skrill

The Minimum of Deposit: £10
Fees: No additional charges
Time of Turnaround: Instant

NETELLER

The Minimum amount of Deposit: £12
Charges: No additional charges
Time of Turnaround: Instant

Bank Transfer

The Minimum amount of Deposit: £10
Charges: Fluctuate as per banking institution
Time of Turnaround: Within three business days

Betfair customer care

If you need to talk to a representative member of Betfair’s customer service team, you may do so by the process listed below. They can support with questions regarding the exchange or the sportsbook, as well as bonuses, financial transactions, and any betting-related concerns.

However, a substantial amount of resources is the FAQ section in the Help Centre. This answers queries on every topic ranging from how to use your Betfair sign up offer to what is a Lucky 15 bet.

Betfair free bets: How to get and use?

You can bet as you wish – and on either product when using your currency. Meanwhile, you need to think about the terms listed above if you are looking for the Betfair new customer offer free bets. It means you must stand to the sportsbook for qualifying bets – and you can’t offset them through the trade. Besides, the odds must be  1/2 (1.50) or above as well.

Once your fifth £10 qualifying bet is fixed, you will get your £20 free bet token in your balance. When you go to place a bet while having a free bet active, it becomes visible in your bet slip. After you sum up your selection, at the point of placing the bet, you are asked if you want to apply the free bet or get the real cash. However, the free bet will valid for one bet. So, you should use the whole £20 in one hit.

Betfair bet limits

Before we get to the optimum point, let’s begin the show with the minimum. The tiny acceptable amount is £1 for most bets, and Betfair’s information listed in pounds, but they can be converted to Euros, US Dollars, Hong Kong Dollars, Australian Dollars, Danish Krone, or Swedish Krona.

However, there are some very liberal maximum payout limits through Betfair. There are a small of the leading bookmakers whose payouts rival these numbers.