Betfair Full Sportsbook Review
Company History
Betfair is an online gambling company offering sports betting, a betting exchange, and casino games. The company operates what is recognized as one of the first major betting exchanges, allowing users to bet against each other rather than against the bookmaker. Betfair is licensed in the United Kingdom and Denmark, where it offers odds on football leagues and basketball. The company is part of Flutter Entertainment, a multinational gambling corporation.
Key Facts
- •Licensed by UK customers (039561-R-319411)
- •Licensed by UK customers (039435-R-319329)
- •Licensed by UK customers (039439-R-319330)
- •Licensed by UK customers (039426-R-319332)
- •Licensed by UK customers (039411-R-319335)
- •Licensed by UK customers (MGA/CRP/131/2006)
- •Licensed by UK customers (MGA/CRP/137/2007)
- •Licensed by UK customers (Racing and Wagering Act 2024 (NT))
- •Website: www.betfair.com/
Latest Positive Reviews
Gooddddddddddddddddd
Latest Negative Reviews
Complete shambles of a betting site beware dont use. This is the worst site i have used in a long time.
Absolutely terrible company. They paused my account for absolutely no reason and it took me TWO HOURS on their chat facility to resolve the issue. They offered a free £25 bet that they then did not honour. On questioning this it took over ONE hour to get absolutely nowhere with their terminally thick staff. Do NOT USE THIS COMPANY.
Recent News
Based on 4,168 Trustpilot reviews with an average score of 3.4/5.
Betfair Prices Unpredictable 2026 Winter Olympics
Betfair provided market analysis for the Milano Cortina 2026 Winter Olympics, with spokesperson James Mackie highlighting Team GB's medal prospects at 2/1 odds to break their record with six medals. Norway is the 4/7 favorite to win the most gold medals.
BetMakers Secures Five-Year Deal with Betfair for CrownBet Launch
Betfair Australia has partnered with BetMakers Technology Group in an exclusive five-year deal to launch the CrownBet sportsbook in early 2026. BetMakers will provide its Apollo wagering platform and trading services for the new fixed-odds brand.
Betfair Australia Fined $871,660 for VIP Customer Spam Breaches
Betfair Australia was fined AU$871,660 by the Australian Communications and Media Authority for breaching spam laws by sending 148 promotional messages to VIP customers without consent. The company entered a two-year court-enforceable undertaking to improve compliance.
Trust Score Analysis
Pros
- Excellent fund protection through segregated Trust Fund - high-level security for customer deposits
- 12 payment methods with zero fees across the board
- Instant withdrawals via Pay by Bank and Visa Fast Funds
- Unique Betfair Exchange allows peer-to-peer betting for potentially better odds
- Comprehensive responsible gambling tools including cross-brand exclusion
Cons
- Terms and conditions heavily weighted in Betfair's favor with broad discretionary clauses
- TrustPilot rating of 3.4/5 with some negative customer service experiences reported
- Free bets restricted to accumulators and bet builders only - no singles allowed
- Welcome offer requires specific deposit methods (no PayPal or Skrill)
- Verification can delay withdrawals with no guaranteed timeframe
Licensing & Security
Regulated by
UK Gambling Commission (UK customers) | Malta Gaming Authority (non-UK customers) | Northern Territory Racing Commission (Australia/NZ)
Legal Operator
Multiple entities - TSE Malta LP, Betfair Casino Ltd, PPB Counterparty Services Ltd, PPB Entertainment Ltd, PPB Games Ltd, Betfair International Plc, Betfair Pty Limited
License Numbers
Quick Info
Follow Betfair
Latest News
Betfair Prices Unpredictable 2026 Winter Olympics
Betfair provided market analysis for the Milano Cortina 2026 Winter Olympics, with spokesperson James Mackie highlighting Team GB's medal prospects at 2/1 odds to break their record with six medals. Norway is the 4/7 favorite to win the most gold medals.
BetMakers Secures Five-Year Deal with Betfair for CrownBet Launch
Betfair Australia has partnered with BetMakers Technology Group in an exclusive five-year deal to launch the CrownBet sportsbook in early 2026. BetMakers will provide its Apollo wagering platform and trading services for the new fixed-odds brand.
Betfair Australia Fined $871,660 for VIP Customer Spam Breaches
Betfair Australia was fined AU$871,660 by the Australian Communications and Media Authority for breaching spam laws by sending 148 promotional messages to VIP customers without consent. The company entered a two-year court-enforceable undertaking to improve compliance.