Bookmaker Reviews » Betfair Review

Betfair Review

BetfairBetfair has now been on Australian shores for close to a decade and their unique concept has seen them become one of the leading places to bet in Australia. Not only are you getting the very best odds in the country at Betfair, but you will also get a great range of promotions and free bet offers.

The Betfair experience is unique in that you are betting against other punters and not taking on the bookmaker. So in other words you are either backing a team or horse to win, or laying them to lose, or trading to make a profit. It is the most rewarding betting experience and punters have been flocking to Betfair for years now.

$200 Signup Bonus

By coming to our site here at Freebetoffers you have automatically qualified for an exclusive $200 Free Bet. Simply visit now and enter the Promo Code 'FBR262' and if your first bet is a loser, they will refund it with a free bet up to $200 in total.

Claim your $200 Free Bet in three easy steps!

  1. Signup with Betfair today using the Promo Code FBR262 to qualify
  2. Deposit funds and place your very first bet on any sports or racing market
  3. If that first bet is a loser, receive a full refund up to $200 in total

Current Promotions at Betfair

Betfair is always running different kinds of promotions during the year for members to take advantage of. Some are constantly running, but then you will have the one off promotions during the big events such as cashback specials and sometimes even free holiday giveaways!

betfair-refer-a-friend$50 Refer A Friend
Are you enjoying Betfair and think that you may have a friend who is interested in joining? Get your friend to quote your username when registering a new Betfair account and you will receive a $50 Free Bet for every referral you make.

betfair-owners-club20% Owners Club
If you own a racehorse or greyhound then you will get the VIP treatment at Betfair. Whenever you back your horse or dog on Betfair you'll get a whopping 20% bonus on top of your winnings in what is the best promo of its kind.

betfair-best-of-fiveBest Of Five
By using the Best Of Five racing product at Betfair, you are quite literally getting the best odds in Australia. For all metro meetings you will get paid out the best odds from either the VIC Tab, NSW Tab, Tatts, SP and Betfair SP.

betfair-multisMulti Bonuses
Placing multi bets has long been a favourite for punters, but Betfair has upped the ante. They run special promos giving you an extra dividend on your winnings, and sometimes even offer free holiday giveaways to the biggest winners!

betfair-better-odds20% Better Odds
The best thing about Betfair is that their odds are generally always better than the TAB and all the other corporate bookmakers due to the nature of their business. In fact sometimes you can get up to 20% better odds on some markets.

Betting on Racing at Betfair

Betfair has a list of racing products the size of the Eiffel Tower. They have so many great products, some exclusive just to Betfair, that having an account here is absolutely vital if you are a serious punter. Read below to find out some of the products you can get at Betfair.

Exclusive Racing Products at Betfair

The flagship racing product at Betfair is Best Of Five and that guarantees you best odds out of the VIC Tote, NSW Tote, Tatts, SP and Betfair SP. Also the Back & Lay concept of Betfair allows you to back to win, lay to lose or trade to lock in a profit. In fact Betfair is the only bookmaker in Australia to offer live in-race betting on feature races.

Betfair also has a 20% Owners Bonus whereby if you register a horse or greyhound that you own with Betfair, every time you back it you will receive an additional 20% bonus on top of your winnings. You can even purchase racehorses through Betfair as well, try and find another bookmaker that offers that!


Other Racing Products at Betfair

The racing action does not stop there though. At Betfair you will get all your favourite bet types including win, place, each way as well as exotics like exactas, quinellas, trifectas, first four, all up multis, doubles, trebles, quaddies and parlay bets.

On top of that they have a dedicated racing section that includes free form guides, rapid results including the Betfair SP and Industry SP along with in-running highs and lows, timeform guide for all Australian races including tips, daily blog with musings and tips for the day's action, plus Betfair are the only bookie to allow live in-running betting on horse racing in Australia.


Sports Betting at Betfair

Betfair offers sports betting markets on just about any sport from around the globe. If it exists, Betfair will have a market for it. The good news for Betfair punters is that you get to decide the odds that YOU want, meaning if someone is willing to lay your bet then you can get some big priced winners.

There is a strong focus on their live betting product as trading during an event is where a lot of people make their money. Along with that there are a heap of free bet offers, as well as a discussion forum where you can log in and post tips and make a discussion with other like-minded punters.


Betfair Website

The Betfair website is very detailed and on first glances it looks very busy. Plus given the fact punters back and lay bets, there are two lots of odds for each market which can make the website very confusing at first for a lot of people.

Once you have been using Betfair for a while though it becomes second nature. You will soon realise it is one of the most unique bookmaker sites out there as it is extremely interactive, there are tons of information such as betting guides, sports and racing statistics and results, the ability to stream live audio, a betting forum, plus tons more.

You can customise how you want the site to display form within your account and this kind of customisability is not available at other bookmakers. If you are after a list of the current promotions and free bet offers, that can be find by clicking the Promotions Tab up on the top menu. There is also a Help Centre section if you need any help with anything.

Betfair Screenshot