Betfair Australia Review

Betfair.com.au
 
 
 
Year established: 2005

Mobile compatible: Yes

Jurisdiction: Australia

Overall rating: A

Recommended: For professional players (Betting Exchange)
 
 
 
 
 
Betfair Australia Review

 

Advantages:

– Has the reputation of the best betting exchange available;

– Licensed in eight countries including Australia;

– Great for advanced punters;

– Can bet both for and against outcomes, which is excellent for hedging;

– Excellent tournament (futures) betting and correct score odds;

– A broad range of sports are covered;

– The best liquidity of any betting exchange;

– Odds are usually a lot more generous than you will find with most Sportsbooks;

– Low minimum deposit for popular deposit methods;

– Great customer service.

Disadvantages:

– Not as beginner friendly as a standard bookmaker;

– Not a lot of promotions for existing customers;

– Smaller range of markets per fixture compared to leading bookmakers;

– Not as many many Futures racing markets as other bookies;

– Live betting is not available online due to government regulation;

– Not all markets have enough liquidity on exchange;

– Sometimes have to wait until closer to event for exchange to have liquidity;

– Complicated commission structure;

– 6%-8% market base rate commission for Australian racing;

– Premium Charges for most successful customers.

Payments:

Visa/Mastercard, Skrill (Moneybookers), Neteller, POLi, BPay, Bank Transfer

*Keep in mind to double check information. Be prepared for changes to restricted countries, bonuses, currencies, deposit and payment options, languages, contact info.

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