Australian Betfair Online Bookmaker Review

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Betfair

N1 Exchange in The World

• Biggest betting exchange
• Great odds on sport and racing
• Cover mostly all sports

• Commission charged on winning bets
• Chance to be blocked for VPN users

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Betfair In Australia

Betfair is not a bookmaker in the conventional sense. It is a betting exchange. The company was founded in the year 1999 but was officially launched in the UK in 2000. Ever since its launch, the company experienced growth on the cosmic scale, and in 2003, they were awarded the most prestigious and highest official award for business in the UK – the Queen’s Award for Enterprise. In past years, Betfair has today emerged to be the world’s largest internet-based betting exchange. With an employee strength of 1,800, the company boasts a client base of 4 million. Listed on London Stock Exchange, the company is headquartered in West London. Betfair in Australia is the only betting exchange that holds a license in the country. The company is licensed and registered in Tasmania and Gibraltar. In 2007, Western Australia experienced a ban on using betting exchanges. Betfair has one of the best wagering interfaces around. New members and old, established clients rave about the Betfair experience. You can’t go wrong there.

This was a result of fierce resistance from bookmakers and totalisators on account of Betfair’s Australian expansion. However, Betfair eventually managed to enter the market by challenging the law. Betfair owns the case because the ban was a direct violation of the Australian Constitution. A turnover charge was introduced by Betfair in 2012 on those customers who bet more frequently on Australian racing. This charge was necessary because Betfair needs to pay a huge amount of fee to the Australian Racing Industry. As mentioned, Betfair is not a conventional bookie. It is rather a betting exchange and operates as a marketplace. Betfair members are allowed to set odds for any event and other members are allowed to pick up those odds. Thus, customers at Betfair get to act as both bookmakers and punters. The primary source of Betfair’s income is the commission it charges. For sporting events, the commissions can range between 2% and 5%; for racing events, commissions are charged at 6.5% on net winnings.

Spot on! That is the only adjective that comes to mind when describing Betfair’s website. Though the exchange model of betting is fairly new in Australia, the company did an excellent job of keeping its website very user-friendly and easily understandable. Despite their exchange model, the company actually manages to give wide coverage of Australian markets, and the depth provided for the markets is very respectable. The overall design of the website is plain and simple with a 3-column layout. The navigation menu is very functional. The website also offers live videos. This section shows live footage of some selected sports and horse racing events. A separate community section is available on the website where polls and forums are made available to keep their customers engaged. Always remember in Australia Betfair is the top matched betting service.

Betfair Customer Service

The Company offers excellent customer service. Staff members are highly trained professionals. Betfair is not a bookmaker in the conventional sense. It is a betting exchange. Betfair was discovered in the year 1999 and was fully launched in the United Kingdom in 2000. The Company offers excellent customer service. Staff members are highly trained professionals. Live chat is not available but the company promises to reply to all emails within 2 hours. Betfair offers a very useful callback service whereby customers are not required to stay on phone to get answers to their questions.

Betfair Australia Free Bets

At this moment Australian betting regulations prevent web space from advertising any sign-up bonuses or sign-up offers, promotions, and other types of betting offers that Betfair may be or not offer new users. Mostly, to be sure you do know it after joining Betfair Australia!

Betfair Australia Bonus Code

Please Join Betfair Australia, and check the promotions page on your account and your email inbox for free bet offers.

Betfair Australia Login

Click following url identitysso.betfair.com.au to access deducated Betfair login page.

Betfair Australia App

Betfair offers dedicated mobile applications for most mobile-powered devices. The application can be downloaded from your app store. The mobile site is equally powerful and the market coverage is outstanding.

Betfair Australia Contact

What is Betfair?

Betfair is the world's largest betting exchange and Australia's largest online sports betting site it offers a great overall service and experience that you're often unable to find with a standard online bookmaker, betting exchange always has 5-10% higher odds on any events.

Who owns Betfair in Australia?

Australian Betfair owner is Crown Resorts Ltd (the owners of Crown Casino in Melbourne), licensed by the Northern Territory Government of Australia. Betfair Australia was established in 2005 and operated Australia's only betting exchange under a Tasmanian Gaming Licence. Since August 2014 Betfair Australia has been fully owned by Crown Resorts.

How to join Betfair?

Click here on Betfair Australias Link or above "Create Your Account Now" button, put your details and make your first deposit!

Do Betfair offer Sign-Up bonus for new customers?

Betfair does not offer new customers a sign-up bonus as per Australian regulations, regardless of what state you're in. Recent legislation introduced prevents all Australian bookmakers from offering new customers on Betfair. Anyway you can check the promotions page on Betfair and check current offers and free bets

How to deposit and withdraw at Betfair?

Betfair Deposit Methods

Visa, Mastercard, PayPal, POLi, BPAY, Bank Transfer, NETELLER, Skrill, PayID, Osko

Betfair Withdrawal Methods

Bank Transfer, PayPal, NETELLER, Skrill

How long does Betfair withdrawal take in Australia?

Betfair withdrawal in Australia takes: Bank Transfer (1-3 working days); PayPal (Max 24 hours); NETELLER (1-2 working days); Skrill (1-2 working days);

What is the Australian Betfair phone number?

Betfair Australia support number: 1300 238 324 - Betfair Australia phone betting: 132 238

Betfair Overall Impressions

Betfair is a betting exchange. The exchange system is relatively new for Australians and some people do find it difficult to understand. However, investing time in understanding the model is time well spent, thanks to the loads of features and benefits available with Betfair that make betting a sheer pleasure. For those who are serious about sports betting and racing betting, Betfair comes highly recommended because there is no third party involved that eats up a slice of net earnings and this is possible only because Betfair is a betting exchange and not a conventional bookie.