Betfair Exchange Australia Review Jun 2024

Betfair is one of the biggest betting platforms in the market and it continues to attract new players each year. In this article, we'll have a closer look at Betfair Australia and what it has to offer.

Betfair Exchange Review: The Most Popular Daily Specials 

BetfairT&C'sBetfair Australia Registration Code
Betfair Sports T&C's apply BETFAIR AUSTRALIA CODE
Betfair Exchange T&C's apply BETFAIR AUSTRALIA CODE
Horse Racing T&C's apply BETFAIR AUSTRALIA CODE
Best Odds T&C's apply BETFAIR AUSTRALIA CODE
Casino Not Allowed in AU NA

On the Betfair Exchange site, you can place wagers on almost 30 sports, including the most popular sports in Australia, such as cricket, rugby, Aussie rules, soccer, and horse racing/greyhound racing.

Betfair also covers these sports on an international scale. Of course, there are pre-match markets for all of these events, and by clicking the link within the exchange, you can see which markets are currently open.

What sports and events are available on Betfair?

Betfair has one of the biggest selections of sports and events to bet on in Australia. You'll find the familiar favorites like rugby, cricket, and soccer, as well as esports like CS:GO and League of Legends.

Betfair keeps its sportsbook up to date with the newest games and events, so if there are any new games you'd like to see on Betfair, let the customer service agents know. It might be added if many players request it.

You'll also find the Melbourne Cup and other major international horse racing events. You’ll undoubtedly stumble across something interesting!

Betfair Exchange Review – Additional features

Great odds & friendly betting limits

The odds on the Betfair Exchange respond to the activity of the market in comparison with other sites. For that reason, you can snag some awesome markets with high odds on the Betfair site. If there's plenty of activity in one market, the contrasting market can increase drastically in price, meaning if you're correct on your bets, the potential winnings can be quite large.

If you’ve looked into the Betfair Exchange platform, you might be interested to know that this site accepts millions in bets each day. But don’t let this mislead you – Betfair has quite a low minimum bet requirement at $1, yet it will accept large bets too for those who want to bet more. Of course, the amount you bet and how often is up to you.

Quality user experience on the Betfair Exchange

In our experience, Betfair Australia is one of the more sophisticated bookmakers. With its visually appealing design, it was a pleasure to use. On top of this, the site is quick to perform commands, and it isn’t overly complicated to navigate.

Betfair Exchange Mobile App Review 

Downloading the Betfair application brings excitement when you're on the move. Head on over to the Google Play store if you have an Android device, or the Apple App store if you have an iPhone or an iPad. It only takes a couple of moments to download. Once you've input your login credentials, you can immediately place bets.

A great feature of the Betfair app is the push notifications, which alert users to new promotions or bonuses – or when there is a bet available to similar ones you've already made.

 I also really liked the live stream, which is available for many matches. It's always more interesting to watch a match or race when you have skin in the game.

It's clear that Betfair put a lot of work into creating an application that enriches the mobile betting experience.

Stream live on Betfair AU

If you want to live stream a particular game, you may do so by navigating to ‘Betfair Live’. Here you'll find a bunch of live-streaming opportunities. Betfair has streaming for sports like tennis, horse racing, tennis, cricket, and other sports. The streaming quality is generally good, you may be required to maintain sufficient balance in your account for accessing this feature.

Supported payment methods on Betfair Australia

Betfair supports the most popular payment methods, so we're sure you can find a preferred method in the list below. For more information on methods and processing times, refer to the customer service department. Payments made with debit cards or credit cards are usually visible in your user account within a few seconds.

Credit cards

  • Visa
  • MasterCard

Debit Cards

  • Visa Delta
  • Solo
  • Visa Electron
  • MasterCard
  • Maestro

What is the customer service like on Betfair?

Customer service deserves some attention. Too many platforms, unfortunately, have terrible customer service and helplines. However, with Betfair, players can expect friendly customer service agents to help you with whatever you need. While Betfair does not offer 24/7 customer service, it has very long opening hours.

Players can call the customer service department directly if it is a pressing matter or use the chatbox where they are put in touch with a customer service agent. It’s always nice to have the information in text instead of having to wait for an answer. You can also write Betfair an e-mail if you prefer. Look on-site for more information about customer service, such as opening hours and emails and phone numbers to use.

Betfair Exchange Review

Top Features of the Betfair Exchange Site

  • Ability to make back and lay bets
  • HD live streaming for top sporting events
  • High-performing mobile app
  • Just a $1 minimum for betting

Pros and Cons of Betfair

ProsCons
Good range of sports to bet onNo live chat system
Low deposit minimumsIn-play bets not allowed
24/7 customer serviceBets won’t always be ‘matched’
Great mobile appLive streaming not completely free

Betfair Exchange Australia – FAQs

What is a back bet?

A back bet is where you are betting that a particular event will happen. Whenever you bet on a market at an online sportsbook, you are making a ‘back’ bet.

What is a lay bet?

Unlike a back bet, when you place a lay bet, you are betting against a particular outcome occurring. This is what makes the Betfair Exchange unique, as you can only place lay bets on an exchange.

What is the minimum deposit requirement on this site?

Regardless of the deposit method that you choose to fund your Betfair Exchange account with, there is just a $5 minimum deposit requirement.

Are there any limits on how much I can win?

Betfair will honor most winning wagers up to the value of $1 million. However, this is dependent on the amount of money that is actually in a market, which is another characteristic of a betting exchange.

Betfair Exchange Review : Horse Racing

How can I contact the customer support team?

There are two main support channels where agents are on-hand to help 24 hours a day, which include an email support link and several phone lines.

Is there a way that I can further protect my account?

Yes, you can enable two-factor authentication to better protect your Betfair account. You'll need to type in a temporary code on top of your initial details.

Betfair Exchange Review Final Thoughts: Deserves its Place at the Top

Our Rating 4/5

BetFair has some of the best odds in the industry and has a large selection of sports to place bets on – you won’t find a selection this big anywhere else. Football, American football, Handball, Tennis, Golf, and Esports – you name it and you will find it on Betfair!

Finally, the customer service department is the icing on the cake and ensures that all players have a great experience whenever they log in and use the platform, regardless of placing a sports bet. The platform can be highly recommended and we encourage players to try BetFair and see what it has to offer. 

Betfair Exchange Australia Review: