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Detailed Betfair Review

Betfair History

Betfair is considered to be one of the biggest betting platforms in the industry. The history of the platform began officially in the 2000s when Andrew Black and Edward Wray decided to launch the betting business. The Betfair as a result of the successful cooperation of entrepreneur and professional bettor, the mixing of different approaches. 

The headquarters of the business is located in West London and Dublin. The estimated value of the company is about 1.5 billion GBP pounds. It’s a pretty interesting fact that Betfair was the first company that has sponsored a football team called Westham back in 2003-2004 football season. However, according to the Gambling Act in 2005 further promo and marketing activity of all gambling and betting companies on TV and Radio were allowed. Two years later in 2007, the Betfair betting website has launched a specially created Radio channel that was available on the website or application. Currently, this project has transformed into the company that comments horse racing events, championship, tournaments, etc. Also, there were some interesting projects on buying TV channels and companies in the US and a few more.

Back in 2011, the company has officially registered in Gibraltar according to lower taxation than the UK does. One year later the Betfair has launched a sportsbook to be a highly ranked competitor in the traditional sportsbooks. In 2015 the Betfair has merged with Paddy Go company to strengthen their positions on the UK market.

Have you ever thought about the pros and cons of using Betfair?

Betfair has a wide range of features and options to be described. For sure, there are advantages and disadvantages. Our professionals have done their best to compile the list of pros and cons while becoming a member of the Betfair betting community. 

The first advantage is a company’s credibility that attracts new customers and retains regular ones. It is considered one of the strongest players in the UK market and globally. It offers very competitive prices in comparison with other betting platforms. Another pro is that Betfair has really fast cash out options along with the diversity of payment opportunities for money depositing and withdrawing. Also, there is a high limit for regular bettors and high rollers. By the way, you bet against other bettors but not against the company itself. Most of the offers are proposed by an in-play option which is enjoyable. 

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Also, the company offers very responsive and credible customer support that is ready to answer your questions immediately via live chat or by any other convenient source. Other additional features provided by the Betfair like online casino, bingo, baccarat, lotto and other games. So, you definitely won’t be bored. Other advantages are a wide range of available bonuses and promotions, as for newcomers and regular bettors and gamblers, highly compatible mobile applications that can be accessed from any convenient gadget and place on the earth, the possibility of enjoying your favorite matches, tournaments, championships in live-streaming. 

As for negative aspects, there were some reviews and client’s announcements that after some time their accounts were blocked if they hadn’t used it. Another disappointing thing is that the platform charges 5% of the money won by bettors. 

Betfair Offers

Betfair is known as one of the strongest players in the betting sphere with millions of satisfied punters all over the globe. Surely, this fact adds trust and credibility for users. Along with that, this betting platform has a significant amount of additional offers and features for newcomers and regular high-rollers starting with welcome bonuses to online casinos, bingo, roulette, mobile app, and other attractive nuances. 

In 2019 Betfair has issued a list of new bonuses for new customers for signing up and using the services of the platform. It is important to remind you that before subscribing and using each of them it is better to get acquainted with all the details and nuances. 

As you will read below, Betfair has a list of additional offers and proposals for regular and new clients in terms of a variety of games, slots, bingo, roulette and other games available for gambling and betting fans to be enjoyed at every minute. 

Betfair Casino

Betfair which is specialized in betting and considered being of the biggest player in the industry also has additional features to be proposed. Online casino is one of them. It is a perfect choice for those who want to entertain themselves and add a bunch of unpredictability and joy to their betting process. 

Online casino is successfully implemented into the Betfair betting platform. By the way, it is called by the biggest part of the customers as one of the best in the industry. Betfair online casino has many available features to be discussed like payment options, customer support, a wide range of games. However, to be honest, the number of online casino games proposed on the website is not so tremendous and might be not enough for experienced gamblers. The total amount of games is about 200 items with live casino games. 

Playtech Software company is an official partner of Betfair that has provided gaming software for them. So, the most popular and cool games produced by Playtech is represented on a website. There are about 116 classical slots and video slot games ranging from classical polts to some modern variations of the jackpot, blackjack, etc. The total amount of jackpot games is 33.

Betfair proposes a wide range of table games for the admirers which are great. There are roulette, blackjack, baccarat and many more. Moreover, the Live section of these games is on top as well. 

What about Betfair Sports Betting?

Being one of the trustable and experienced betting platforms in the betting community, Betfair, surely, has a lot of sports markets covered. The website has more than 33 sports to bet on. You can bet on various things like results of the matches, championships, tournaments, total goals scored, etc. Along with this, you can make pre-match bets or in-live bets during the game itself which is entertaining.

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As for the coverage of sports and Betfair sportsbook, the website covers the most popular kinds and types of sports like football, soccer, basketball, racing, volleyball, boxing, etc. Moreover, there are dozens of tournaments, conferences related to these sports, championships, and other stuff to bet on. On the other hand, if you’re looking for something extraordinary or rare in terms of proposed sports, Betfair Sportsbook won’t give you this.

Betfair Poker

Betfair betting platform is an extremely trustable resource and might be considered one of the leaders in the industry. The poker section on the platform is ruled by The Sporting Exchange company which is a significant part of the iPoker network. These companies are also credible. 

In a poker section, Betfair proposes a wide selection of tournaments, championships, and really good offers and promotions for newcomers and regular poker players. The company spends really big sums of money on promo and marketing campaigns. Probably, you’re already interested how can you enjoy your poker experience? The answer is that simple- you need to get registered and create an official account at the website or download the software. Right after this, you can make a deposit by choosing the appropriate amount of money, entering your financial and personal data. That’s it! Now you can enjoy both single and multiplay, various tournaments and championships, playing with friends and other interesting stuff. 

Betfair offers a wide spectrum of promotions and bonuses for high-rollers and regular players with a possibility of winning thousands of pounds. The tournaments are held daily and in some cases, the prize can reach up to 200,000 GBP. Moreover, Betfair proposes Live translations of most prestigious poker tournaments like WSOP, EPT, and WPT. 

Betfair Bingo

Betfair has a lot of entertaining features for bettors and gamblers as well. Bingo is one of them. Whether you’re tired of searching for something new- bingo is definitely what you’ve been searching for. The gameplay and the system itself is also based on a Playtech’s platform that guarantees the senior level of quality, graphics, and usability. Bingo has a wide spectrum of different games to be proposed for customers with different tastes and preferences. 

There are almost a hundred ball games for the bettors and some number of specially created games for fun and exclusive. The most popular items are Dodgems, Rollercoaster, and Cash Cubes.

Betfair Welcome Bonus

When it comes to welcome bonuses, Betfair can offer a lot. To use it, you can get registered on the platform, create an official account by entering your personal and financial data. By the way, you don’t need to worry about it because all the data is safe and encrypted by SSL code. Currently, the betting website proposes a welcome bonus in the amount of 100$ which can be used in all games represented on a platform. Also, there is an important note that the deposit can’t be used by those who use such eWallets like Skrill and Neteller. The conditions of welcome bonuses and terms it can be used also varies according to different nuances that must be read carefully. 

As in most parts of the betting platforms, the amount of deposit equals to 10% of your input money. E.g you had put 500 and additionally will receive 50$ for your betting or gambling experience. Moreover, Betfair has recently announced an innovation about new bonuses in the amount of 200% on slot games. The amount of this bonus is up to 400$. Also, there is a generous possibility of free spins for customers. These bonuses are available for 10 days and issued each day in the amount of 10. However, this bonus has a very interesting detail you should be acquainted with. It is a fact that you can’t use this bonus except playing with these online slots which might be disappointing. To sum up, none of the current betting platforms have introduced such innovations during the last time.

Money Depositing and Withdrawing

Betfair has a really wide spectrum of proposed payment opportunities that can be used by bettors. It surely adds “bonuses” to the company reputation and convenience of usage. Mostly, the spectrum of proposed payment platforms is the same for most betting websites. These lists include such names as Neteller, Ukash, Skrill, InstaDebit, PayPal and more traditional methods like BankTransfer, VISA, PayPal. 

Generally, using credit and debit cards for Betfair deposit methods and money withdrawing is much faster than using a Bank Transfer. Credit and debit cards give you a possibility for instant access to your money and it’s transferring directly and immediately to your Betfair account and that’s really convenient.

If you’re looking for a way to deposit your money, we’ll help you immediately. All you need to do is to get registered and create your official account, choose the amount of money you want to enter and select the payment options that are suitable for your needs. One-click and the job is done!

The same process applies to the withdrawing of your earned money. Just select the Withdrawal option and chose the amount you want to transfer to your card or bank account. It’s pretty simple!

Betfair Security

Security is a feature that guarantees a high level of business development. Betfair has security on a senior level and that’s no surprise. The company has a special department that constantly monitors all the users’ activity and fairness of games, financial transactions, and other nuances. Both app and web versions are certified with an eCOGRA. This authority keeps an eye on betting and game activity daily without any interruptions and delays. The compilation of these actions makes us say that the security level in a company is at the highest level. Moreover, both applications and websites were tested by world-known third-party testing called Technical System Testing. This company has done deep testing research of almost every menu, block, and services represented on a website or application. Along with that, Betfair has a high level of SSL encryption that will protect your personal and financial data.

Another convenient function that is related to safety and credibility is a function of betting and gambling calculator that helps you to get acquainted with all your activities, odds, games you’ve been to, etc. Also, you’ll know exactly how much money has you spent and what amount you’ll have to deal with. As for another convenient function, it offers a possibility to blick the access for your adult accounts to your children which is a great option for the parents. 

Betfair License

This betting platform is legal in many countries. The main licenses are issued by the UK and Malta Gaming Authority. Other countries where the company is allowed are Romania, Italy, Spain, Bulgaria, Gibraltar. However, there’s a small list off countries where the company is prohibited. These are Portugalia, Canada, and Turkey. Mainly, Betfair is represented on more than 40 betting markets and countries as well. Back in 2015, Betfair has gained a license in the US, New Jersey State. 

Betfair Customer Support

There are no hesitations, that customer support plays one of the most important roles in a company. It is literally the face of one. Whatever issue you might have and whenever you might have it the customer service team will rush to help you. So, it’s a basis, for sure.

Betfair customer support operates on a significant amount of languages it’s localized on so it can be accessible for citizens of various countries. Mostly, the features proposed by the Betfair customer support team are pretty the same as others have. These are live-chat that is available 24\7, email and phone support, and outdated and a bit old fax. However, comparing these options, live-chat is much faster and responsive than the other mentioned. The specialists of customer support have a technical background and betting experience. Therefore, this means they can solve almost any issue you might have. 

However, if you prefer a good-old phone conversation you can use traditional phone contact that is displayed on a menu. Or you can use an e-mail. On the other hand, there’s a possible response that might get much more time than the live-chat.  

Betfair Mobile App

Having a mobile application gives an indisputable advantage to the company that offers it. It is a clear sign that the company cares about the customers’ comfort and mobility. Betfair is not an exception to this tendency. With their specially developed app, you can enjoy various sports markets from your pocket in a blink of an eye. Moreover, this mobility gives customers a chance to enjoy the betting process from every imaginable place on earth.

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When it comes to the Betfair mobile application, there is a lot to be discussed. An app has a very convenient and comprehensive interface for different audiences. It will be a good solution for newcomers and bettors with significant experience as well. 

An online application, mainly, has the same features that are proposed by the website. These include payment options proposed in diversity, customer support, convenient interface and many more.  Betfair app proposes the same colors and design that is in the web version. To start your betting experience, all you need to do is get registered on the platform or use your QR-code. Also, the app has some additional features as a Betfair casino that can make your betting experience significantly enjoyable and entertaining.