We take an in-depth look at the Betfair.com.au and see how it compares to the other bookmakers when it comes to their free bet offers, website and mobile apps.
Positives
- Australia's biggest betting exchange
- Excellent odds
- Plenty of markets
Negatives
- Commission charged on winning bets
Betfair isn’t you’re typical online bookmaker. Technically they’re a betting exchange. What’s the difference? We’ll explain below.
To put it simply, a betting exchange is basically punters betting against each other, rather than the bookmaker. You can set your own odds and another punter can take those odds.
Betfair punters go toe-to-toe with other punters by either backing or laying horses, teams, results or outcomes. This allows for better odds as the margins other online bookmakers set on fixed markets are often set quite high.
So how do Betfair make a profit? They make their money by taking a 5% commission on winning bets.
3 Reasons why you should bet with Betfair
1. Betfair give you the tools to win!
Online bookmakers make their money on you losing, Betfair make money if you win. So it makes sense for them to enable you with all the tools necessary to try help you become a successful punter.
2. Incredible amount of events live streamed
Betfair have a comprehensive TV Guide that lists how a user can watch every event listed on their website. This includes a massive amount of events that they themselves live stream.
3. Get you winnings fast!
Have you ever had to wait days or weeks for you winnings to be transferred into your bank account? With Betfair you won’t have to worry about that again. Typically Betfair process all withdrawals within a day giving you quick access to your winnings.
How to contact Betfair
Betfair make it super easy for customers, or those wishing to join, to contact them. Whether you’re looking to place a bet over the phone or need support, Betfair can be contacted at anytime using any of the below contact methods.
Customer support: 1300 238 324
Opening Hours: 8.00am – 10.00pm AEST, 7 days a week
Email – [email protected]
Address: Betfair Pty Ltd, Darwin Racecourse, Dick Ward Drive, Fannie Bay, NT 0820
