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Betfair Review

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  • Betfair Verdict
  • Betfair Pros And Cons
  • Betfair Horse Racing Review
  • Betfair Sports Betting Review
  • Betfair Odds
  • Betfair Mobile App
  • Betfair History
  • Betfair Frequently Asked Questions

Betfair Australia Review 2024

Betfair stands as one of the globe's largest and Australia's sole peer-to-peer wagering platforms. Setting itself apart from traditional bookmakers, the Betfair Exchange presents Australia’s most savvy  punters with remarkable value, control, and opportunities. 

You can not only place bets but accept them directly with other users, fostering a dynamic betting experience that deviates from the conventional bookmaker model. This means that you get to have a crack at being a bookie yourself and Betfair skims a little off the top for their trouble of being the middle-man.

Although Betfair can be a little advanced for the amateur weekend betting warrior, the platform is easy to use once you get into it and offers a great opportunity for intuitive bettors to create their own odds and make some serious cash, but only if they can find someone to take on their bet.

You will find pretty much every market at Betfair on all domestic and international racing as well as all of the major worldwide sporting events, especially the sports that Aussies love to bet on including NRL, AFL, NFL and UFC and a heap more.

The promo code BETSAU is available to use when joining.

Betfair Verdict

If you want to roll your sleeves up and get your hands dirty then Betfair is the perfect bookmaking website for you. Once you learn the ropes, which Betfair goes to extreme lengths to teach its users, you can enjoy the benefits of either backing, laying or trading (explained below) bets with your punting peers.

The Betfair concept is unique and a really enjoyable way to bet on your favourite horses and sports, while getting to choose your own markets and odds. The usability of the webpage and app is impeccable, especially considering the complexity of their concept. 

The only downside is that sometimes it is difficult to find another punter brave enough to take on your market and odds. If you are laying or if you are back betting you may find the right market, but other users are being a little stingy with their odds that they are offering.

Betfair is definitely a winner for all those Aussies that know, or think, they have a bit of betting acumen. 

Betfair Pros And Cons

What’s to like about Betfair

  • Australia’s only peer-to-peer betting exchange
  • In-depth expert tips and analysis
  • Chance to get unmatchable odds
What’s not to like about Betfair

  • Not easy for beginners
  • Occasionally tough to find a punter to take your bet 

Betfair Horse Racing Review

When it comes to horse racing, Betfair Australia truly shines and is considered by many professional punters as the ultimate destination.

Betfair offers markets on all Australian thoroughbreds, trots and dogs and you can also get a heap of international racing action as well. 

You have a great chance to take advantage of some big odds from other punters that like to lay down a challenge to their fellow horse racing enthusiasts.

When it comes to racing Betfair is not only an exchange but also a traditional bookmaker (tote). This allows you to gauge the market sentiment and patiently wait for the most favourable odds before placing your bet. 

Ultimately, Betfair Australia offers an unparalleled horse racing betting experience that attracts both professionals and enthusiasts alike. 

Betfair Sports Betting Review

Betfair has become a major player in the sports betting industry, not just in Australia but all over the world. Its unique concept pins punters head-to-head giving the feeling of being on the field with the players themselves. 

The chance to be the bookie adds another dimension of excitement in the sportsbetting industry, especially if you are a veteran in the punting game there is a great opportunity to make some serious dough.

If you get in early you can get massive odds from your peers on all the best markets in all of the major sporting events, or you can punch some good statistics yourself and lay down some juicy odds for a fellow punter and hope you get a bite or two.

Either way the thrill of a win or even cheering on a loss gives you more excitement than ever.

Betfair Odds

There is no bookmaking service in the Australian betting industry that gives their punters a bigger chance of bigger odds. And if you miss the chance to back the big odds, you can lay them in the other direction and hope that another punter snaps them up.

Betfair also offers a very competitive racing tote with Best Odds on all australian racing and there is even a rumour in the mill that they are in the process of creating a sportsbook to go with their betting exchange. 

Betfair Mobile App

After spending some serious time and money on the mobile app, Betfair has developed an extremely user-friendly app that is almost flawless. 

Its black and yellow colour scheme is easy to read and they have done their best to make the navigation on your phone or pad as clear and easy to use as possible.

Betfair History

In June 2000, British entrepreneurs Andrew Black and Edward Wray identified an untapped opportunity in the market and joined forces to establish Betfair. 


Recognizing a gap in the industry, they embarked on creating a platform that would revolutionise the way people bet and interact in the gambling world.


In 2005, Betfair obtained a licence from the Government of Tasmania, marking its expansion into Australia as its third jurisdiction after the UK and Malta. The platform commenced its operations in August 2006, with the first bet being matched.


In 2016, Betfair completed a merger with Paddy Power that shook the industry.

Betfair Frequently Asked Questions

Is there a Betfair.com.au promotion code?

The promo code BETSAU is also available to use when joining in Australia.

Does Betfair Offer Betting Tips?

Just because Betfair has a unique concept it does not mean that they do not provide the basics. Betfair offers a comprehensive form guide on all racing in Australia, if you are trying to back a winner on horses, trots or dogs Betfair has you covered with all the info you need.

Betfair also offers insight into the major Australian and American sports and other major sporting events from experts that you can trust. Giving their tips for the games and an insight into how they think the game will play out.

How Do I Make a Deposit To My Betfair account?

You can use the following methods to credit your Betfair account and start betting on your favourite markets:

Credit Card
Debit Card
Visa
Mastercard
PayPal
POLi
EFT Transfer

How Do I Make a Withdrawal From My Betfair account?

You can make a withdrawal from your Betfair account using the following methods:

Credit Card
Debit Card

How Do I Get In Touch With Betfair Customer Service?

You can get in contact with Betfair customer service by one of the following methods:

Phone: 1300BETFAIR (Aus)
Email: [email protected]

If you haven't found the answers here you may find them at Betfair's FAQ page:

Betfair Review Promo Codes

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Betfair Review

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4.7

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