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Betfair Review

Betfair previewBetfair is where the smart punters bet and the world's biggest betting exchange has over 1,000,000 customers worldwide, revolutionising the betting industry around the world.

Betfair is the online choice for serious punters as they offer some of the best odds available for racing and sporting events and pay much better odds than the Australian TAB.

All punters should have a Betfair account, especially if you want the best odds online!

Betfair $500 Winners Bonus Offer

betfairBetfair is where professional punters have a betting account because the best price is crucial to a long term profit. If you want the best odds online then a Betfair account is a must. Join Betfair now and receive an 'exclusive' $500 Winners Bonus along the way!

How to get $500 in Winning Bonuses at Betfair!

  1. Sign up at Betfair here and register a new betting account.
  2. Deposit funds into your new Betfair account and start betting.
  3. All winning bets over your first 7 days will receive a 20% Winners Bonus up to $500!
  4. After 7 days are up you'll receive all your bonus winnings accrued over the 7 days.

*Terms & Conditions apply to the above offer and it excludes SA, WA, NSW and VIC residents.

betfair 20% winners bonus

Join Betfair for free right now and claim up to $200 Cash Back!

Betfair is a 'Verisign Secure' website
Join Betfair knowing that you will be betting at a Verisign Secure website offering a safe and secure online betting platform with the most common deposit options available when opening a new account.

join sportsbet

Why should you join Betfair?

betfairBetfair is not a bookmaker, where profit margins come in to play, it is a betting exchange where punters bet against each other's opinion all over the world.

How Betfair differs though, is not only do they allow you to back a selection to win, they also allow you to lay selections to lose, giving you the best of both worlds, plus you can trade off to make a profit no matter who wins.

More reasons to join Betfair

  • Back your selection to win or Lay it to lose on any event around the world.
  • Lay your selection to lose if you don't think ti can win the event.
  • Make a guaranteed profit no matter which of your bets win by Trading like the share market..
  • Receive Better Odds on average than those offered by the Australian TAB.
  • Fixed price odds on all events set by fellow punters around the world.
  • Betfair has the quickest bet settlements in Australia.
  • Betfair Owner's Club pays 20% to racehorse owners

Betfair allow you to back your fancy to win, or lay it to lose, and it doesn't get much better than that as you are in total control of your betting. Join Betfair now

Get Better Odds at Betfair

betfairBetfair does not set the odds like your traditional bookmakers or the TAB, instead it is Betfair users who set the odds. Betfair allow you to choose your own odds, just like people who bet on the stock exchange and buy and sell shares. Betfair charge around 5% or less commission on any winning bet and because every bet has a winner, it means Betfair don’t have to have a high margin as most bookies do.

This provides three main benefits:

If you want to back a selection, the odds available are generally better than a traditional bookmaker or the Australian TAB because punters are setting prices on Betfair markets based on their opinions and they do not build a margin into their prices like a bookmaker or have a takeout percentage like the TAB.

Check out the Betfair odds compared to Best TAB during the 2013 spring racing carnival.

2014 Autumn Feature Races Best TAB Betfair + / -
ATC Carbine Club Stakes Gypsy DIamond $2.70 $3.19 +0.49
PJ Bell Stakes Politeness  $11.00 $13.00 +2.00
Chairman's Handicap  The Offer  $2.50 $2.72 +0.22
Sires Produce Stakes Peggy Jean $3.80 $5.64 +1.86
ATC Australian Derby Criterion $2.90 $3.35 +0.45
The TJ Smith Lankan Rupee $3.70 $4.20 +0.50
Adrian Knox Stakes  Arabian Gold $6.00 $7.16 +1.16

Totals $32.60 $39.26 +$6.68
$100 per horse $3,260 $3,926 +$668

If you are still betting at the TAB instead of Betfair then you are losing money even when you win because you are accepting much poorer odds. Join Betfair here now for the best odds

Betfair allow you to Back your selection to win in the normal manner or you can do the opposite and Lay your selection to lose. The ability to either back or lay a selection provides the added benefit of enabling you the option to Trade your position and lay your bet back if it looks the likely winner, to guarantee yourself a profit.

Betfair let you Back or Lay right up to the final siren of a football match or up to the last second of a horse race, at odds set by other punters.

Visit our Betfair User Guide for more information about the world's biggest betting exchange.

Betfair Racing and Sports

Betfair offer a multitude of betting markets on both racing and sport and they have a wide variety of betting options available on many events.

The most common bet types at Betfair

  • Fixed Price - A set price taken at the time of placing your bet.
  • Asian Handicap - Plus or Minus handicap to even up two competing teams.
  • Variable Handicap - Bet on a score (or index) to be at different levels.
  • Line Betting - Each team receives a handicap of plus or minus points.
  • Range Betting - Buy or Sell a price based on the Points Index for the event.
  • Multiple Betting - Combining two or more bets together where all must win to collect.

Betfair Owners Club
Back your horse or greyhound with Betfair and when it wins you’ll receive a 20% bonus on top of your winnings. Now that’s owning as it should be!

betfairBetfair has a wonderful racing product with Racing Zone which covers Galloping, Harness and Greyhound race meetings and each race provides Betfair Back and Lay odds alongside NSW TAB, SuperTab and Unitab markets which is very handy for comparing comparative prices.

Betfair Racing Zone is an intuitive interactive tool that can be setup according to your preferred settings and has a host of options available. Everything a punter needs is available at the click of a mouse, detailed race form, comprehensive statistics, complete race results, ability to sort by desired field and much more.

Betfair Racing Zone can be found by clicking on 'Horse Racing' in the top left menu or if you prefer to see how it works right now then visit Racing Zone here.

Betfair also provide a Tote service in unison with TOTE Tasmania which is a member of the SuperTAB pool and combines bets from Tabcorp (Victoria), Racing and Wagering Western Australia, ACT Tab, and TOTE Tasmania.


betfairBetting on Sport at Betfair gives you a wide variety of betting options. For example, an AFL Football match may have markets for most disposals, most goals, most kicks, most points, under and over totals, highest score, lowest score and many more options which gives punters plenty of choices.

The markets for a sporting event are many and varied and offer you a multitude of ways to place a bet and many of these betting markets are unique to Betfair and not found anywhere else.

If you want the best odds on racing and sport then get a Betfair account today or you will be forever accepting lesser odds, which equates to lost profit over time. Join Betfair now...

Join Betfair for free today and take a test drive

Betfair Website Interface

The Betfair website has been streamlined for Australian punters to make it very easy to place bets on any sports and racing events. Bet with either a Bookmaker or the Exchange from the top menu, or ge tcash out, check your bet slip and more. The user interface is simple to use and it is relatively easy to find your way around and select a market to place a bet.

join betfair

After you login to Betfair at the top right of the page you will encounter a screen something like the one above if your preference is set to open at 'Sports'.

betfair racing

Click on the 'RACING' tab on the top menu of the front page to bring up a list of all upcoming race meetings for thoroughbreds, harness & greyhounds. Simply click on any of the available meetings under each race code to bring up race markets for that meeting.

Once you find a race where you want to place a bet, simply click the race name to display the race details and current odds. From here you can place a bet at the back or lay odds available to you.

betfair sports

Click on the 'SPORTS' tab on the top menu of the home page to open up a list of all available sporting options. To view available betting markets simply select your desired sport from the list and it will open up the menu to all available markets for that sport.

Select an event and bet type that interests you and the latest odds will display. Now you are able to place a bet at whatever odds you decide to back or lay.

Betfair offer an excellent results service for both racing and sports and Deposits and Withdrawals can be made quite quickly and easily from the 'My Account' section at the top right of the page.

Betting At Betfair

Betfair offers quite a comprehensive service for punters and we are only touching the surface in our preview. The best way to learn about Betfair is to sign up for free here and take a look around for yourself.

The 'Help' section at Betfair is very extensive and is located at the very top of the screen to the left and is worth checking out as it provides an in-depth summary of Betfair and provides plenty of examples along the way. Betfair help is also available to the right of the screen whenever you are viewing a market or placing a bet.

More information about Betfair
Our Betfair User Guide explains a bit more about the workings of Betfair with an example of how the exchange operates, while we recommend you visit our partner site Horse Racing Info as they have a very detailed user guide to Betfair which will give you a much clearer understanding of how to place Back and Lay bets at the world's biggest betting exchange.

Betfair is free to join and whether you are a novice or serious punter you should have a Betfair account otherwise you are not getting the best odds for your bet. Join Betfair for free now...


Join Betfair for free today and take a test drive

About the Betfair Betting Exchange

Betfair Australia is the nation's only licensed betting exchange, and offers punters better odds, greater choice and more control over their betting experience. A joint venture between Betfair in the UK and Publishing and Broadcasting Limited, it is licensed in Tasmania, with its main operation based in Hobart.

Betfair is licensed and regulated by the Tasmanian Gaming Commission and offers many deposit methods in a completely secure environment.

Payment options:

Australia: - New Zealand:

Phone Numbers:
Phone Bet: 132 BET (132 238) - Helpdesk: 1300 BETFAIR (1300 238324)

GPO Box 192 - Hobart - Tas 7001

Betfair Login Page

Signing up at Betfair can be done in a matter of minutes and if you follow the steps below you can quickly and easily register a new Betfair account and be receiving Better Odds than the TAB straight away!


1 - Click on any Betfair banners or links on this page to go to the Betfair landing page.
2 - From the landing page click on REDEEM NOW' to go to the Betfair 'Register' page.


3 - From the 'Register' page complete the details to create a new Betfair betting account.
4 - Once you create a new account you can then login with your new 'Username' and 'Password'.

Betfair free bets

5 - Deposit funds into your new betting account and start enjoying the Betfair experience.
6 - Place as many winning bets as you can over the first seven days to receive a 20% Winners Bonus.
7 - Betfair is 'Free' to join and you can sign up right now to check it out for nothing but your time.

For more details or information please contact Betfair for a prompt answer!

Join Betfair for a $500 Winners Bonus!


Join Betfair here today and enjoy a 20% Winners Bonus

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