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Odds Manager’s Betfair Review

Betfair have long been one of the most recognisable brands in sportsbook betting and have developed a real reputation not just with their traditional offering, but their betting exchange too.

But of course, here at Odds Manager, we’re all about the odds and we delve deep into the best Betfair odds, as well as welcome bonuses, navigation, live streaming and more in this ultimate review of the brand.

We leave no stone unturned in our Betfair review so you know exactly what you’re getting when you sign up ; )

Betfair Pros & Cons


  • Some of the best value odds on the market.
  • Betting exchange to place bets against other players.
  • Live streaming available in a number of sports.


  • Premium charges when a player has won £250,000 or more with the bookmaker.
  • You can be restricted when making bets of £300 or more.
  • Range of bonuses not as extensive as many competitors.

About Betfair

Betfair have made their name as one of the most respected sports betting brands around, and with good reason too.

Launching way back in 2000, they’ve been prominent since the turn of the millennium and have moved from sportsbook into the world of casino with ease, crafting a well-rounded offering in the UK.

They were the first betting brand to sponsor an English football team, back in 2002, setting a trend that is now worth billions to the football industry.

For players, they are as popular as ever and 2020 has been another successful year for them as they add more features and more betting opportunities.

Betfair Welcome Offer

At present, Betfair have a welcome offer well worth taking advantage of, with a free £20 bet in the exchange for new customers.

All you need to do is bet £20 on the exchange within seven days of opening your account and if your bet loses Betfair will refund you up to £20 in cash.

It’s a simple offer to claim, and all players need to do is open an account and place a bet within seven days.

The bet must also be settled in this period. If it loses, you’ll be refunded up to £20, which you can continue to play with or withdraw from your account.

How to Claim the Welcome Offer at Betfair

Claiming the Betfair free bet is incredibly simple and it’s a case of just signing up and starting to play.

To enjoy this Betfair sign up bonus follow these steps:

  1. Register for a Betfair account and opt in to the bonus.
  2. Make a deposit via either debit card or ApplePay.
  3. Visit the Betfair Exchange and place a bet on a market which will settle within seven days of you opening the account.
  4. If your bet loses you’ll be delivered a cash refund.

Betfair User Experience

With over 20 years experience in the business you’d expect the Betfair offering to be one that has few problems with user experience.

That’s certainly the case. Signing up for a new account can be done in just a few steps, while all aspects of the site, from making a deposit to betting on the football is clearly sign-posted.

The navigation toolbar across the top of the screen on both desktop and mobile will give you access to all major sports and account settings in just a few clicks, while the Betfair casino, exchange and slots are also easy to get to.

Betfair Odds

Betfair are renowned for their odds, and the beauty of the Betfair Exchange attached to the traditional sportsbook means that you can even set your own!

They’re among the very best for football odds, having been associated with the game for two decades, and you’ll also find many boosted odds across Premier League weekends and major tournaments.

Compared with other major brands they’re incredibly competitive, while the volume of odds they have across all sports is another reason why punters continue to stay loyal to the brand.

Betfair Promos & Offers

As well as the Betfair welcome offer highlighted above, you’ll find a number of other offers attached to the sportsbook, most commonly related to football.

There aren’t many offers that don’t revolve around the weekend’s action, although you will occasionally find enhanced odds on the likes of tennis Grand Slams, golfing Majors and events such as the Grand National and Cheltenham Festival.

Among the main Betfair free bets and promotions currently available are:

  • Bet £20 on Saturday’s Premier League & get a £20 free bet: This gives players a free £20 free bet when they place a minimum of £20 on a Premier League fixture. Qualifying bets must be on odds of 1/2 or higher.
  • Bet £20 on multiples & get a £5 free bet on multiples: Place £20 on a multiple and get a £5 free bet to then spend on a multiple. Maximum £5 free bet per day.
  • Free bet up to £25 when you win a football same game multi at 4/1 or higher: Receive a free bet matching your stake of up to £25 when you bet on a football same game multi each week.

Betfair Sports & Markets

Betfair really are one of the top brands when it comes to betting on a wide range of sports. You can back anything from football markets to cricket, horse racing, basketball and more.

They are one of the market leaders when it comes to diversity of sports and markets, and there’s plenty of live streaming too so you can watch live as you place your bets.

Among the most popular sports you can bet on with Betfair are:

Football – a range of markets across competitions from Premier League to Champions League, Serie A, La Liga and many more global leagues right down to the likes of National League and National League North.

Horse Racing – odds on every horse race across the UK and Ireland with live streaming also available.

Basketball – a wealth of markets on both the NBA and major European basketball leagues.

Formula 1 – outright and individual race markets available across the year.

Tennis – all major tennis markets available on tennis events across the year with plenty of specials on the Grand Slams.

Betfair App & Mobile

Betfair have crafted their mobile offering expertly over the last few years, and uses toolbars and dropdowns expertly in order to guide players to where they need to be.

The app and mobile browser version of the site are similar and they have all the same quality odds, features and streaming as the desktop version.

The app competes with the likes of Paddy Power and William Hill well, and while it isn’t the number one mobile betting app, you certainly will be hard pushed to find any real issues with it.

Betfair – Our Rating

It’s easy to see why Betfair is one of the most established betting brands in the UK.

In terms of odds, we’re incredibly impressed with the value they offer, and even if you want more value there’s an opportunity to get that by playing with the exchange.

The promotions could expand into other sports a little more, with a firm focus on football, and the charges associated with withdrawals does leave a bitter taste in the mouth.

However, all in all Betfair is certainly one of the best out there and one you should certainly consider signing up to.

Compared to their rivals though, they do fall behind a bit when it comes to live-streaming events and the lack of a ‘search’ option on their site is also something that they could look at offering.

Overall, we give Betfair a rating of 4 out of 5.

Betfair - FAQ

If you like some live-betting then you'll love Betfair. They've got a massive range of sports and betting markets to get your teeth stuck into as you watch the big match.
Being one of the biggest names in betting in the UK, you can be sure that Betfair are a reputable company and they are fully licenced and regulated by the UK authorities.
They sure do, on a ton of sporting action! Get your bet on then kick back and watch the action unfold on your phone or laptop.
Football and horse racing are kings at Betfair, with ongoing promotions on both including 'Acca Edge' where you get your stake returned as cash if just one leg lets your Acca down - very tasty.

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