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Betfair Review & AU Rating 2023

Is Betfair Scam or Legit?

Sports
Betfair Sports
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4.5/5
  • Huge selection of betting markets
  • Live streaming available
  • Possibility of great betting odds
Go to Betfair Sports
T&Cs apply, 18+
Details
Payment Methods
User Reviews

Betfair Australia is the best place to engage in the freedom of a betting exchange. Match up with like-minded bettors and take fortune into your own hands. Betfair has an exemplary online platform that operates at the highest level.

Our Betfair reviews will highlight just how good their payments services are as well as their responsive customer service. You can even download their state-of-the-art mobile app and access your Betfair account whenever you please — or just head on over to Betfair now to get started! Read on to find out more about the latest Betfair ratings.

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Betfair: Pros & Cons
  • Largest online betting exchange
  • Great Betfair Australia mobile app
  • Wide selection of in-play betting options
  • Diverse & secure payment options on hand
  • Lack of fixed-odds bet types
Payment Methods
BPAY
Neteller
Skrill
+
License
Australia’s Northern Territory
Withdrawal
1 – 5 Days
Company
PPB Counterparty Services Limited
Founded
1999
Website
betfair.com
Available Languages
EN
DE
+
Customer Support
Live Chat, Email Support
Email
support@betfair.com
Phone
+44 20 3059 8888
Verified by
GamCare
Overall Rating
4.5/5
  • Usability, Look & Feel
    4.8/5
  • Mobile App
    4.4/5
  • Payment Methods
    4.3/5
  • Customer Service
    4.5/5
  • Licence & Security
    4.6/5
  • Rewards & Loyalty Program
    4.3/5
BPAY Neteller Skrill PayPal Paysafecard Bank Transfer Instant Transfer Visa Mastercard Trustly MuchBetter Maestro
Deposit min/max 15 - 50€ at least 10€ at least 7€ 10 - 100€ at least 15€ at least 10€ at least 15€ at least 15€
Withdrawal min/max 4 - 50€ at least 1€ at most 48€ at most 48€
Fees Deposit 2.5% Deposit 2.5% Deposit 1.5% Deposit 1.5%
Deposit time 2 - 5 days instant instant instant instant 1 - 3 days instant instant instant
Withdrawal time 1 days 1 days 1 days 1 - 5 days 1 days 2 - 5 days 2 - 5 days 1 days
Safety high high very high high very high high high high high high
No review posted yet.
User Rating
0/5
5 Stars
0%
4 Stars
0%
3 Stars
0%
2 Stars
0%
1 Star
0%
Last Updated on 29/09/2023
Fact checked by: Megan Jonson

Usability, Look, & Feel - A huge website that’s unlike any other

Betfair has an astounding online platform. There’s not many out there that can rival the sheer performance of the Betfair Australia website. Keep in mind that the actual platform is much like an online marketplace. Therefore, it’s imperative that the platform is able to process thousands of different transactions and bets at the same time.

You might feel slightly overwhelmed when you first enter the Betfair platform. There’s a lot of information that you’ll confront all at once. However, as you slowly navigate around the site, you’ll quickly pick up how it all works. The platform will allow you to bet against other bettors instead of against the bookie. This means you’ll come up against all types of bettors who are looking to place a lay bet or a back bet.

What we found that boosted the Betfair ratings from the get-go is the abundance of educational videos on the Betfair Australia site. At CaptainGambling.com, we’re always on the lookout for bookmakers that take things a step further; in the interest of the individual as opposed to the bookie. Our Betfair reviews urge you to check out any additional videos that may help when using the Betfair interface. Although the site functions like a dream, it will help to all ends when using the actual betting exchange.

Payments - Is Betfair secure for payments?

When it comes to online payments, our Betfair ratings go through the roof. Ever wondered, Is Betfair secure or Is Betfair reliable when it comes to payment processing? Well, here’s your answer… They provide users with diverse payment options, each of which is safe and secure. Our Betfair reviews is eager to share with you the wide choice you’ll have if you decide to use Betfair Australia as your home for online betting. Our latest PlayUp Reviews also pressed upon the availability of payment options and found a decent offering for the discerning bettor.

Deposits

Betfair ratings continue to shoot upward as we look into the deposit options. You’ll be able to choose between 9 different payment options. Pretty good variety if you ask us here at CaptainGambling.com.

Credit/Debit cards can be used (Visa and Mastercard). You can make instant deposits as you see fit. Be sure that the card is in your name. You will not be charged a fee by Betfair for making deposits but must make a minimum deposit of $10. Your bank may charge a currency conversion fee or Cash Advance fees. Be sure to check in with your bank if you’d like to ensure that this doesn’t occur. It is also possible to make use of a bank transfer service. You’ll be able to deposit a minimum of $30 and processing times take between 1-3 working days.

POLi, BPAY, Pay ID, and Osko can also be used to make deposits. POLi will allow you to make minimum deposits of as little as $5 while the rest of these payment options have a minimum deposit limit of $30. BPAY can take anywhere between 2-5 working days to clear a deposit request. The rest should be instant or at the very latest take up to 12 hours.

You can use a number of e-wallets such as PayPal, Neteller, and Skrill. Depending on the e-wallet you decide to use, minimum deposits and withdrawals, as well as waiting times, will differ. If you use PayPal, the minimum deposit amount is $15 and is processed instantly. Minimum withdrawals are capped at $15 and will be processed within 24 hours. If you use Neteller, you can make minimum deposits of $25 while there is no minimum withdrawal amount. If you use Skrill, minimum deposits are set at $15 while minimum withdrawals are open-ended.

For both, deposits are instant while withdrawals take anywhere between 1-2 days.

Withdrawals

Is Betfair secure when it comes to withdrawals? Yes, they are. You can make use of PayPal, Bank Transfer, Neteller, and Skrill. It’s important to remember that bank cards issued within Australia cannot be used for withdrawals from betting sites. PayPal is the best way for you to get hold of your winnings quickly. Otherwise, you’ll need to wait up to 3 working days for withdrawal requests to clear. Is Betfair reliable when it comes to paying out winnings? Our Betfair reviews have found no evidence to the contrary. But is Betfair legit in its withdrawals? You can rest assured that Betfair Australia is reliable and secure!

BPAY
Neteller
Skrill
PayPal
Paysafecard
+ 7

Customer Service - Impressive 24/7 customer support from Betfair

betfair ratings

When it comes to customer service, our Betfair reviews and Betfair ratings climbed even further. Just as we asked Is SwopStakes reliable when it comes to solving customer queries, it's now time to take a look at Betfair. Without a proper customer service team, bettors are usually left out in the cold. You’re bound to experience some type of issue along the road. Best make sure you use an online bookie that is equipped to deal with, and solve, your difficulties or issues!

When it comes to Betfair Australia, you can continue on your merry way knowing there is a fantastic support system right behind you. Our Betfair ratings aren’t that high for no particular reason. Firstly, you can head over to the extensive FAQ section if you wish to find out more about any query you may have. This usually does the trick and you won’t even need to get in touch with a representative. However, if you do need to, don’t hesitate to do so. All of which generated some top Betfair ratings for customer care.

The team is available 24/7 and will be able to assist with anything that is plaguing you or your account. You can contact the Betfair Australia team via email at service@betfair.com.au. Alternatively, you can contact the helpdesk by phoning 1300 BETFAIR (1300 238 324). If you wish to get in touch with Betfair Australia International, then use the number +61 8 8912 2333.

If you are unsure of how to use the actual platform, then we recommend you enquire about a demonstration which is offered by contacting 1300 238 324 (same as customer service). If you do happen to know your way around a betting exchange and wish to place a bet via the telephone, Australian residents can use the line 132 BET (132 238).

You can also follow the latest Betfair ratings and news via social media. Give Betfair Australia a follow on Twitter, Facebook, or Instagram. It’s a great way to stay in the loop with all the latest developments.

License & Security - Is Betfair reliable?

So is Betfair legit? Our analysis of  'Is Sportsbet.io secure?' is the same analysis we have applied here. It is non-negotiable that you make use of a platform that offers a secure and safe betting experience. This means that your chosen bookmaker must be licensed and regulated. Plus, be sure to check out their privacy and security policy. Or, you can check out our overview right here at CaptainGambling.com.

Betfair is licensed and regulated by the Northern Territory Government of Australia. As such, they need to operate within the predetermined regulations and act in good faith. This means that the platform is trustworthy. Betfair is also an approved betting partner of the top Australian sports codes and subsequent representative bodies. Further proof that Betfair is seen as a reliable operator.

They implement top-notch security measures by way of SSL technology. All your data is protected and you won’t find your personal details being dished out to random third-party entities. All in all, great news if you are warming to the idea of becoming a Betfair customer.

Australia’s Northern Territory
UKGC - UK Gambling Commission
New Jersey (US)
Spain
Romania
+ 3

Rewards & Loyalty Program - A somewhat secret offering for regular Betfair customers

Once again, it is difficult to comment on the loyalty program of Betfair; if there is one to start with. Betfair has been in operation for some time and continues to expand its range of offerings. Once you become a Betfair customer, you will have more access to what is going on behind the scenes. You might be very surprised to find an exciting program.

Betting markets - A world of betting options

Once you enter the online sportsbook, you’ll be amazed at the amount of active markets readily available to wager on. Betfair covers all the major horse racing events from all over the world. You’ll also find a massive selection of football (soccer) markets on display. But, it doesn’t stop at popular sports. You can bet on Gaelic Sports or try your hand at eSports. You might already be familiar with this - which is even better! There are more than two dozen sports to bet on.

Odds - Great odds found in our Betfair reviews

So is Betfair reliable for giving you decent betting odds? Well, odds can be seriously good on Betfair. But, certain conditions must be met for this to transpire. You’ll be sure to find a decent price for your bet when betting on well-known markets. But, if you love betting on markets that are more obscure, it’s sometimes difficult to find reasonable odds. This is because there might not be many bettors willing to match your bet. Due to this, it’s important to take your time when entering into bets. Analyze the current climate and choose your bets carefully. You can definitely take advantage of greater prices and more competitive odds if you are shrewd.

Live Betting & Streaming - Stream your favourite sports live!

You can bet on a wide expanse of events by clicking on “In-Play” or “Betfair LIVE” for actual streaming. Without a valid betting account, you will not be able to access the live betting and streaming services. In some instances, you’ll be required to place a wager before you can stream live events. Betfair covers horse racing (racing), tennis, and football (soccer) matches. It’s great for those of you who love to follow the action minute-by-minute. It also allows you to really come to terms with the possibilities at hand.

Limits - Various betting limits found in our Betfair ratings

Limits will always vary. It is difficult for us to pin down one minimum bet limit, maximum bet limit, or max payout. Thus, it’s best to get a feel for these limits by engaging in an actual bet on the Betfair platform. Keep an eye out for the Market Base Rate which is a percentage of your winnings that you will have to pay as commission to Betfair. This will reduce your overall winnings. But, it is basically the only fee that you will have to pay when using the Betfair platform.

Product Summary & Conclusion - An amazing (and social) sportsbook

Betfair created their brand on the back of a compelling sportsbook that allows bettors to interact with one another. As far as sportsbooks go, Betfair has certainly tailored a high-end platform that caters to all bettors. You’ll find the process of a betting exchange to be fascinating and you can create your odds and prices. There’s a freedom to the Betfair betting platform that is absent on other sites. We wholly recommend you check out the Betfair sports betting platform.

Betfair
4.5/5
Betfair Sports
T&Cs apply, 18+
Go to Betfair
Betfair Highlights
  • Huge selection of betting markets
  • Live streaming available
  • Possibility of great betting odds

Overall Conclusion - Is Betfair legit?

Betfair has proven to be a stand-out online bookmaker. Not only do they dominate the online space when it comes to betting exchanges, but they do so with grace and style. The platform is second to none in terms of performance and innovation. The markets on offer simply can’t be topped by another bookie, while the online operator still manages to offer customers a personalised betting experience.

If you wish to test out another bookie, our Draftstars Ratings will take you on a tour of an up-and-coming bookmaker. You’ll find an exciting array of eSports and a multitude of fantasy betting options.

Betfair Reviews FAQ

💪Is Betfair a good online betting platform?

You will want to make sure that you sign up to a platform that is more than adequate. In this day and age, there are so many platforms - many of which provide you with a stellar betting experience. Life is short; don’t waste it on a mediocre platform. At CaptainGambling.com, we’ll steer you in the right direction as to which operators are good, better, and best!

🔎Is Betfair secure?

Not only do you want to use a reliable platform, but you’ll want to ensure that it is secure too. This means that the operator should implement SSL technology. This will guarantee that your data is encrypted and not stored in plaintext. It makes it far more difficult for third-party entities to access your information this way. Check out our section on “licensing and security” in our bookmaker reviews for more on this topic.

📺Does Betfair offer live betting?

If you enjoy betting in the moment, then you’ll want an online bookmaker that offers live betting options. This has become a standard service across platforms of late. However, you’ll want to double-check before signing up. Head over to our in-depth Betfair reviews to find out if they offer live betting. You’ll also manage to identify what kind of sports are included.

🎁Is there a Betfair welcome bonus?

Due to Australian gambling laws, it is not permissible for operators and the like to advertise online bonuses to new, or potential, customers. Thus, we cannot comment in light of this. Once you become a valued customer of a certain online platform, you may well be privy to any offers.

🏏What are the Betfair odds like?

If you are new to online betting, odds on different sites might seem the same. There’s little discrepancy a lot of the time. But, if you look carefully, you’ll manage to find value odds on some sites. At CaptainGambling.com, we’re always keeping a close eye on each bookmaker’s site and the underlying odds on offer. This allows us to bring your attention to those sites with the best odds.

Betfair Sports
4.5/5
Rating
Go to Betfair Sports
Highlights
  • Huge selection of betting markets
  • Live streaming available
  • Possibility of great betting odds

User Reviews for Betfair

No review posted yet.

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Sports
Betfair Sports
Favicon
4.5/5
  • Huge selection of betting markets
  • Live streaming available
  • Possibility of great betting odds
Go to Betfair Sports
T&Cs apply, 18+
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Best Australian Bookies

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