Our verdict: Betfair invented the betting exchange, where you bet against other users rather than the house, and still runs the biggest one. It also offers a conventional sportsbook and a full casino.
Betfair at a glance
| Licence | UKGC and MGA |
|---|---|
| Founded | 2000 |
| Welcome offer | Exchange, sports & casino offers (see site for current terms) |
| Typical payout time | 1–3 days |
| Minimum deposit | £5 |
| Payment methods | Visa, Mastercard, PayPal, Skrill |
| Sportsbook | Yes, plus exchange |
Our scores
The exchange
Back or lay any outcome at prices set by other users, with a commission on winnings. Prices are often better than a bookmaker’s, especially on popular markets.
Sportsbook and casino
A standard sportsbook for those who prefer fixed odds, plus a casino with slots, live dealer games and exclusive titles.
Payments
Cards, PayPal, Skrill, Apple Pay and bank transfer.
Licence
UK Gambling Commission and Malta Gaming Authority. Part of the Flutter group.
Pros and cons
Pros
- The largest betting exchange
- Often better prices than bookmakers
- UKGC and MGA licences
- Full casino included
Cons
- Exchange has a learning curve
- Commission on exchange winnings
Who is Betfair best for?
Experienced bettors who want exchange prices, plus a casino for variety.
Final verdict
Unique for its exchange, solid everywhere else. Casino-first players will find more at LeoVegas or Videoslots.
How to sign up at Betfair
- Click Visit Betfair to go to the official site.
- Register with your real name and address; they must match your ID.
- Set a deposit limit before you deposit.
- Deposit with a card or PayPal and opt in to the welcome offer if you want it.
- Upload ID and proof of address early so the first withdrawal isn’t delayed.
Withdrawing from Betfair
Open the cashier, choose Withdraw and select a method, usually the one you deposited with. Clear any active bonus first, or the withdrawal may cancel it. Processing time depends on the method and on whether your account is verified.
Betfair FAQ
What is the Betfair exchange?
A marketplace where you bet against other users, backing or laying outcomes, with Betfair taking a commission.
Does Betfair have a casino?
Yes, with slots, live casino and exclusive games.
Is Betfair safe?
Yes. Licensed by the UKGC and MGA.
Is the exchange better than a bookmaker?
Often on price, but it requires understanding backing, laying and liquidity.
Alternatives to Betfair
Compare all our picks on the best online casinos page.
Please note: bonus offers, payment methods and availability vary by country and change often. Always check the current terms on the casino’s own website before you sign up. 18+ only. Gambling can be addictive, so please play responsibly.