Betfair is the biggest online gambling site, bringing together dozens of popular gaming software providers, as well as a unique feature: peer-to peer betting!
Betfair was founded in UK in June 2000 by Edward Wray and Andrew Black, and has since become the biggest UK-based online betting site. Today, it services more than 5 million customers all over the world. In 2005, it expanded to Australia, when it was licensed by the Tasmanian government to operate in the country. In 2016, the company expanded massively by merging with British brand Paddy Power, cementing its status as the largest and most reliable UK online betting company that offers sports betting, casino games, lotto, poker, and many others.
Betfair strives to stand out from their competition by offering unique betting services on
While they do offer traditional sports betting and online casino games, there are unique betting options available, as well as focus on less-popular sports. You can even back or lay your bets. However, it’s the ability for players to function like bookies that make it different from its competitors. This feature allows you to sell or trade your bets with other players. For example, you can set the odds at which you want to lay a bet (i.e. Sports Team A win @ 2.0 odds), and if other players feel that your odds are profitable, they can buy the exact opposite odds (Draw or Sports Team B win @ 2.0 odds). There are no betting limits, and you can even sell your bets to other players to guarantee that you get money! This feature, which allows you to function as both punter and bookmaker at the same time, is one which you won’t find on other betting sites.
The Betfair sports betting website is organized, easy-to-navigate, and well-presented. On the left-hand side, you can find all the sporting events available for betting on the site, with the most popular ones such as golf, basketball, and European football available on the top. The rest are arranged in an alphabetical list underneath.
The site won’t be winning any prizes for unique and cutting-edge graphics, but there’s no denying that their livestreaming services are top-notch. When you watch a game on the Wakabet site, it’s just like watching the real thing, because the livestreams are fast, smooth, and the sound quality is superb. At the center of the page, you can find the different odds for all the sporting events, as well as a header showing the current promotions and bonuses that the website is running. On the right side, you can find your electronic betslip, as well as links to other features of the website, namely the online casino.
Since the online casino games are provided by popular software providers such as NetEnt and SoftBet, you can be sure that you’ll be treated to superb graphic and animation, as well as realistic sound effects that will make you feel like you’re in a real-life casino!
The moment you log into the Betfair website, you’ll be treated to a virtually unlimited sports betting and online casino experience, with over two dozen different sports, as well as hundreds of table games, card games, and slots available to play. You can also choose to play bingo or
If you’ve never experienced playing as a bookmaker before, this particular feature offered by Betfair could be an exciting experience for you! It might be a little confusing at first, luckily, Betfair does offer straight-forward guides on how to begin playing as a bookmaker, and even how you can understand the different odds you can play. Since there is no middleman factor, you and your fellow bettors can have better profit margins.
Betfair offers the customary “New Player offer”, where you can earn up to £100 in free bets when you open up a new account with the site and use the betting code ZBBC01. You will need to place at least 5 minimum bets (valued at £10 each), with at least 1.2 odds. Once you’ve finished placing these bets, you will get £20 in free bets. You can repeat this process up to 5 times, to reach the £100 in free bets.
Betfair really does strive to offer its players as many bonuses and added value features as possible. Aside from their welcoming bonus and the ability to play as a punter and bookmaker, there are other features as well, such as their cash out ability and their accumulator feature. These allow you to cash out your winnings, as well as win multiple times for multiple bets, respectively.
They also have a feature called “Acca Edge”, where you can add an insurance policy to any of your bets, in exchange for a small sacrifice in the odds.
Finally, they have the “Price Rush” feature, where you can increase your wagers, in exchange for higher odds. For example, you can rush your wager to 3/1, if you had previously selected that particular wager at 5/2. If you’re feeling lucky, this is a great way to boost your winnings!
Pros and Cons
- Great variety of sports events and casino games
- Offers some of the best odds compared to competitors
- Trading and selling bets allowed, a.k.a. bookmaker feature
- Quick payouts and withdrawals
- Many deposit options available
- Somewhat slow customer service
- Betting experience a bit confusing for first-time players
- Some transactions have a fee
- Some live streaming events can only be viewed if you place a bet