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'Betfair is the world's biggest betting community - with over 15 million bets placed a day! Mobile betting is full of new features including live score updates and easy Multiples'
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Further information
The company, based in Great Britain, is operated by Sporting Exchange Limited. The company was established in 1999 and has licenses in England, Wales and Australia. The term betting exchange means that users bet against other users without the involvement of a bookmaker. Betters can either offer their own odds or accept the odds offered by others. The range of sports bets is especially comprehensive: you’ll find bets on football (soccer), tennis, winter sports, martial arts, boxing, handball, motorsports, cycling, rugby, baseball, basketball, hockey, and American as well as Australian football. Bets on less popular events such as volleyball, water polo, cricket, snooker, chess, bandy, Gaelic sports and pelota (a game similar to tennis, where two players or teams alternately hit a ball against a wall) are also accepted. Furthermore, Betfair also offers wagers on both horse and dog races.
Live Betfair Betting
The main attraction of the betting exchange is the live betting section, which is one of the main reasons for Betfair’s immense popularity. You can place live bets on all the sports provided and even wager to the very last second of a chosen event.
Special Betfair Bets
Betfair offers an enormous selection of alternative betting options, which, for football, include wagers on such things as when the first goal will be scored and the total number of goals. More traditional alternative bets such as half-time, handicap and over/under bets are offered as well. In other sports, such as tennis, you’ll also find set bets. Wagers using the ever more popular Asian handicap can be found on Betfair as well. Placing combination bets (also known as parlay bets) is also possible. In such a wager, you bet not only on the outcome of a single event, but on that of two or more games. However, parlay bets may not be used in conjunction with the live betting feature.
Casino Games at Betfair
Connected with the Betfair sportsbook is the Casino, which is divided into two sections: the Main Lounge and the Zero Lounge. The Main Lounge offers a multitude of slot machines as well as table and card games (such as baccarat and black jack, for example). In the Betfair Zero Lounge, there is no house cut. This is the advantage the casino has over players, which is usually set between 1 and 8% at most online casino. Users can play Zero Roulette, Zero Baccarat, Zero Black Jack and Zero Jacks or better. The absolutely fair Betfair conditions apply here as well, making it a contender for the title of the best online casino in the world. The Poker Room also belongs to the extensive Betfair offering and promises high-quality gaming amusement. Betfair Poker exclusively offers its customers the popular game variations Texas Hold’em and Omaha. With the Live Video feature, Betfair brings live soccer and tennis action directly to your desktop and with “Live Radio” you can listen to live commentaries from the race course.
Extras Fair Bet
If you’d like to place a bet but aren’t near a computer, you can make a wager by using your mobile phone. This function, called Betfair Mobile Betting, can be found under the menu heading Extras. In this section you’ll also find articles about football and horse racing. The Betfair Calendar and the Live on TV function will help you to play your betting schedule. Preliminary results of games currently taking place can be found under the Live Events tab. For a little entertainment in the meantime, Betfair users can play various mini games, which they’ll find under the menu option Games. Online games are appealing and you can win a lot of money playing them. For some people, however, the tendency to play can get out of control. If you notice problematic playing habits in your own game or in that of your relatives/acquaintances, contact one of the numerous consultation services for gambling addicts and their loved ones.
The forum is available in English and Chinese and offers Betfair users the opportunity to exchange their knowledge and gambling experience. The forum itself it not very well maintained or eye catching, but its functionality and user friendliness are unsurpassed. Various subcategories are available for football, cricket, golf, rugby, tennis, basketball and boxing, to name a few, where a range of topics are discussed, such as the odds of that particular sport or current achievements of teams or athletes, for example. The Betfair forum is practically limitless, as subjects that don’t fit into other categories can be discussed in the Chit Chat section. There you’ll find conversations and opinions about everything from politics, the financial market, poker and casino. The company’s website is available in 16 different languages: English, Bulgarian, Chinese, Czech, Danish, Finnish, German, Greek, Italian, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, and Turkish. Players in the United States are prohibited from placing bets on Betfair, since the Unlawful Internet Gambling Enforcement Act of 2006 forbids American banks and credit card companies from transferring money to gambling providers.
Betting Exchange
The Sporting Exchange Ltd.
1999
Great Britain
USA
Link to Terms & Conditions
Waterfront, Hammersmith Embankment, Winslow Road, W6 9HP London Great Britain
+44 20 88 34 80 60
all countries
+44 20 88 34 80 97
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0180 111 11 33
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0870 011 04 44
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+44 20 88 34 80 11
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+44 20 70 74 73 27
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As New Jersey sports betting neared reality on Thursday, a new deal came down that would impact both NJ and New York.
Betfair US — the American arm of European bookmaker Paddy Power Betfair — announced it had “reached long-term agreements for retail and online/mobile sports betting with Meadowlands Racetrack in New Jersey andTioga Downs in New York.”
The news came as an NJ sports betting bill headed to the desk of Gov. Phil Murphy. If that bill is enacted soon, Meadowlands could have a land-based sportsbook up by mid-July, Betfair US told Legal Sports Report.
Inside the Betfair deals with Meadowlands, Tioga Downs
The deal gives Betfair a sports betting presence in two different states — one that is on the cusp of legal wagering, and another whose immediate future is murky.
Jeff Gural, chairman of Meadowlands and Tioga Downs, made a move that makes a lot of sense for his two tracks.
“Sports betting is a great opportunity for Meadowlands and Tioga Downs,” Gural said in a release. “We went through a diligent process and reviewed several options to provide customers with the best sports betting experience possible. In the end, Betfair’s world leading products and experience proved the best choice. We are eager to get started with our partners, with whom we have had a long relationship for racing with TVG, on this exciting venture.”
“We could not be more excited to partner with Jeff Gural and his partners for sports betting in New Jersey and New York,” Levin said in the release. “Meadowlands Racetrack has the potential to be among the best, if not the best, sports betting venues in the US. Combining these premier facilities with the global sports betting prowess of Paddy Power Betfair is a great match and will enable us to bring an unparalleled sports betting experience to customers in the northeast.”
TVG is an online horse betting site that is a part of Betfair US. PPB also recently announced it was acquiring US daily fantasy sports site FanDuel. Clearly, the plan will be to use that company’s database of users to give it a leg up in the nascent US sports betting market. That deal is supposed to close in the third quarter of this year.
“We didn’t just start on day one,” Levin told LSR about its sports betting plans, after the announcement came down. “We’ve been working for quite some time under the assumption that this would be the outcome.”
FanDuel important in Betfair plans
FanDuel is not a minor part of the plans in these two states and beyond. According to Levin, it’s “very likely” that FanDuel will be deployed as Betfair’s primary brand across the US. That means we could be seeing FanDuel-branded sportsbooks in the two states in question.
TVG will remain as the primary brand for horse betting.
Of course, none of this is official until the acquisition goes through.
Meadowlands and Betfair
The first and more important piece of the deal — at least initially — is the Meadowlands.
The harness-racing track is located in East Rutherford, NJ, just miles outside of New York City. It’s right by MetLife Stadium, the home of the New York Giants and New York Jets.
Its location should make it a force to be reckoned with in New Jersey sports betting market. With New York only a “maybe” on legalizing sports betting in the short term, this will be the closest location for New Yorkers to wager right now.
Betfair already has the technology to offer online and mobile wagering, but it’s also possible the FanDuel brand could be deployed as a sportsbook. Betfair also operates an NJ online casino under the license of the Golden Nugget in AC.
The state could be a day away from legal land-based wagering, if Murphy signs the bill, or longer if he waits to do so. Online wagering can take place 30 days after the law’s enactment. So the Betfair deal will likely kick in quickly, here.
Levin said Betfair will “have online [sports betting] ready by the start of NFL.”
Status of NY sports betting and Betfair
Betfair is also getting in on the ground level of a potential NY sports betting industry, as well.
Tioga Downs is located in Nichols, NY, one of New York’s four commercial casino facilities. It has a hotel, horse racing and a casino floor featuring slots and table games.
Betfair Sportsbook
Tioga is especially well-situated in New York for sports betting. If the bills under consideration pass, the commercial casinos would be the primary licensees, and other entities would act as “affiliates.” Commercial casinos are already authorized to have legal sports wagering under the laws that created them. But it’s not clear the state will move forward without a bill that allows other gaming facilities (tracks, off-track betting, tribal casinos) in the state to follow suit.
Betfair Nj Sports Betting
Time is short for NY to pass a bill, as less than two weeks remain in the legislative session. Here’s the latest on the situation in Albany.