Betfair Casino & Sportsbook Review 2024: Is Betfair Legit?

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Welcome to our Betfair review. We found that the Betfair online sportsbook is awesome for horse racing betting, but its casino might not be so hot. Read the whole of our Betfair reviews to find out why!

Betfair has an awesome betting exchange for horse racing. But its casino was recently rebranded under the name Stardust Casino so don’t expect to see any Betfair casino review here. All of which means that Betfair is all about betting on horse racing. So take a look below to see what happened when we asked ‘Is Betfair safe?’

Betfair: Pros & Cons
  • Amazing horse racing odds
  • Awesome sports betting exchange
  • Top offers like the Oddsboost deals
  • Stylish and user friendly betting site
  • No other sports bets or Betfair online casino in US

Bonus Offers - Decent odds boosts found in our Betfair review

 Is Betfair legit for it’s bonuses? You won’t find a standard welcome bonus when you sign up to Betfair for the first time. Instead, there is an awesome odds boost offer that you can use to get a lot more from your sports bets. We’ve got an entire page dedicated to this Betfair bonus, but we’ll highlight how it works and how good it is right here.

Anyone with a Betfair can get one of these Oddsboost tokens and they will automatically turn up in your account every now and then. Now it’s just a matter of checking out the sports betting odds to see which you can use the Oddsboost token on. This will be signified with the ‘Use Boost’ icon underneath the stake on your betslip.

If used successfully, the Oddsboost simply gives you a much better price for your sports bets and our Betfair reviews found that they can be used for a wide range of sports. The same is true for prematch and in-play bets. It’s never been easier to take advantage of Betfair’s legendary sports betting odds.

Just remember that you can only use your Oddsboost tokens on single bets, so don’t try using them on that massive parlay bet. Is Betfair legit in its time limits?We should also note that the Oddsboost tokens expire after 28 days, and your maximum stake will be kept at $10 when using these bonus. But all of this is nicely offset by the fact that this deal comes with absolutely nothing in the way of wagering conditions. So is Betfair legit with its bonuses? We think so.

Usability, Look & Feel - Good looking site and app in our Betfair review

Is Betfair legit in its web design? Betfair has clearly worked hard to give its customers a seriously good looking and user friendly sports betting site. The whole thing is nicely packaged in a black, white and yellow interface that is instantly recognisable and a good deal smarter than some other sportsbooks that we’ve seen. It’s also a fast-loading betting site, which is great news for anyone who knows the importance of a well-timed in-play bet. Plus we didn’t encounter any nasty glitches that could spell disaster for when you next try and make a withdrawal. All in all, a nicely designed and professional sports betting site.

Navigation is made easy here. You can simply log into your account through the link at the top, switch the language settings and easily alter the odds format. There are two main tabs for flipping between the standard sportsbook and the betting exchange. The navigation bar also contains useful links for things like live betting, cashing out your bets early, and accessing the latest promotions. When it comes to putting your bets down, you just have to click on the odds you like to have them added to your bet slip. From here, you can simply enter your stake and submit your bet.

Is Betfair legit on a mobile? We should mention the fact that Betfair has also created some excellent sports betting apps. These are available for both Android and iOS mobile devices. Even if you didn’t want to download the Betfair app, you could still just use the browser on your mobile to access the site, which will be optimised towards use on the small screen.

Payments - Is Betfair safe for payments?

Is Betfair legit for deposits?Betfair is a real money betting site which basically means that you’ll need to figure out a way of funding your bets. The good news is that Betfair features a broad range of deposit methods that all come from trustworthy payment providers.

Chances are that you’ll be like most people and add funds to your account either with a Visa or MasterCard credit or debit card. However, it’s good to find that alternative deposit methods are available. This means that you might be able to use a variety of money orders and checks along with wire transfers or Bill Pay. We were also pleased to see that Betfair lets you deposit via PayNearMe. There is also the provision for using some ewallets like PayPal, Neteller and Skrill, although it looks like these payment options might only be available to customers outside the US.

Bear in mind that all deposits will have a minimum amount, and for payment methods like wire transfer, these minimum deposit amounts can be quite high. But we were glad to see that most deposits should be carried out almost instantly and Betfair won’t charge you any fees for adding money to your account.

Is Betfair legit for withdrawals?Like most sportsbooks, Betfair operates a closed loop withdrawal policy. This means that you’ll only be able to withdraw back to the payment method used for making your deposits. Again there will be a minimum deposit amount that varies according to the withdrawal method used. Similarly, the withdrawal processing time varies but your winnings should be back in your account in just a handful of working days. Just so you know, you shouldn’t be hit by any processing fees for making withdrawals from Betfair.

Customer Service - Is Betfair legit for customer support?

We were pleased to see that Betfair operates a very helpful and efficient customer service team. While it can be fairly difficult to find information about customer support, you can eventually find three main ways to get in touch with the brand. Our favourite customer support method was live chat that gave us a quick and simple way to get our problems resolved. Is Betfair legit for other contact methods?There was also an email address which could be used for customer queries, and you were also given the option of calling the telephone hotline. We should also mention the fact that you can contact Betfair on its Facebook and Twitter social media channels.

Is Betfair legitimately available at all times? Bear in mind that Betfair’s customer service team isn’t contactable 24/7. Instead you’ll find that the live chat service is only open between the hours of 9am and 2am EST. The Betfair telephone support service operates between 10am and 8pm EST.

The good news is that Betfair has an expansive range of help articles that cover most of the common customer queries. This means that you should always be able to get expert advice regarding topics like making deposits, requesting withdrawals, setting up your account and so on. We should also mention the fact that Betfair has a lot of useful articles that cover how its betting exchange works. Perfect for getting up to speed with backing and laying your sports bets. So is Betfair legit for customer care? Yes it is.

License & security - is Betfair legit in the US?

Betfair is a relatively new entrant into the fledgling legal sports betting scene in the US. So we were very pleased to see that Betfair has all of the required licensing and regulation to operate legally in states like New Jersey. Is Betfair legit for all sports? Bear in mind that Betfair’s current legislation means that it can only offer you horse racing bets on its exchange at present, but we are hoping that this may change in the near future. Plus the Betfair casino was recently revamped under the Stardust Casino brand so you won’t find any slots or table games here.

Is Betfair legit in its data protection? You should feel confident about how Betfair handles your data and deposits. This is because the brand operates a fully encrypted website. So all communication that passes between your browser and the Betfair site will be scrambled and therefore be made unreadable by any hackers. There is more information about how Betfair handles your data within the brand’s privacy policy.

Is Betfair legit in terms of safe betting? Don’t forget that Betfair is 100% committed to responsible gambling. If you click on the Safer Gambling link in the website footer, you’ll see that the brand will always give you the tools necessary to stop you spending beyond your means. Perfect for enjoying some safe and responsible betting entertainment.

Rewards & Loyalty Program - Limited promos found in our Betfair reviews

You might see a few sportsbooks out there who will give you access to some kind of reward program that gives you credit for each bet that you put down. It looks like Betfair is not that kind of sportsbook as there is no such loyalty scheme here.

However, if you are a fan of using the Betfair exchange, then you might be interested to know that you can reduce some of the commission fees you have to pay. You can earn a discount rate by picking up some Betfair Points that are earned in proportion to your exchange betting activity. You’d have to spend a lot of time on the Betfair exchange to get much back from this commission discount, but it’s nice to know that there is something here for loyal customers.

We were surprised to find very little in the way of bonus promotions for existing customers at the Betfair site. The closest thing that we could find to this was the interesting Bet Builder feature. This could give you anywhere up to $25 in bonus bet tokens just for building a Same Game Multi bet that has overall odds of 5.00 or more. Remember you have to opt in to this promotion first and your bonus bet token will have to be used within 48 hours of it appearing in your account.

Don’t forget that the Betfair site is packed full of cool extra resources that are designed to give you more from your sports bets. These come in the form of some awesome betting tips for sports like football and tennis, along with helpful previews of the biggest sporting events in the world.

Betfair Sports Betting

Betting Markets - Massive number of horse races at the Betfair exchange

When you load up the Betfair sportsbook, you’ll see that there is a massive number of bets for all major sports like basketball, football, soccer, tennis, hockey, baseball, cricket, rugby and much more. Unfortunately, the brand’s current regulation means that you are unable to access the majority of these bets at the moment.

This is because, as it stands, Betfair US customers can only bet on horse racing at the brand’s exchange. Just so you know, the Betfair exchange is the place where you can back and lay bets against other punters rather than the sportsbook so as to benefit from much greater variance in the odds.

We were impressed to see that Betfair has excellent coverage of all major US horse races. This means that you can visit the exchange and find lots of odds to back and lay for anywhere from Belmont Park to Evangeline Downs.

But it doesn’t stop there, as the Betfair exchange also covers all of the international horse races you could dream of. Obviously, this means that you’ll get to bet on some of those legendary UK and Irish horse races like Tipperary, Chester, Huntingdon and Worcester, but there’s also good coverage of other European races in France and so on. Betfair is also a true international horse racing bookmaker with lots of bets everywhere from Wagga and Kilmore in Australia to Turffontein in South Africa.

Odds - Get superior racing odds at the Betfair exchange

One of the best reasons to use a betting exchange is the fact that it opens you up to getting better odds than using a standard sportsbook or racebook. This is because you are betting against other sports fans, rather than the sportsbook itself. As a result, you may find a great amount of variance in the odds on offer and stand to make a greater return depending on whether you back or lay your bets.

So we put this theory to the test by trying out a quick odds comparison test for a big horse race at Lone Star Park between Betfair and one of the biggest US horse racing betting sites. Our odds test showed that Betfair easily put on the more generous betting odds for this race. It didn’t matter whether you wanted to bet on the race favorite or even one of the complete outsiders as the odds on the Betfair exchange were simply much better. Obviously this is just one example, but it shows that Betfair is a serious option for anyone wishing to get the best odds on horse racing.

But before you get carried away, it’s important to remember that Betfair will charge 2% commission fees on each bet that you make on its exchange. Such commission costs might not initially look like much, but they can all eat away at any returns you make from your winning bets. So be sure to factor in these commission fees before you bet on horse racing at the Betfair exchange.

Live betting & streaming – Live stream your racing bets at Betfair

Customers at Betfair in other countries can enjoy putting down live bets on a massive number of sports like the NBA, NFL, NHL and much more. But as it stands, customers in the US can only bet on horse racing at the exchange. Neither of which are ideal for live betting.

But before you turn away, it’s important to remember that Betfair includes live streaming for a huge number of quality horse races. This means that you can put down a bet on a horse racing anywhere from Charles Town to Belmont Park and find yourself watching a live stream of the action. Perfect for celebrating as your runner crosses the finish line first. Just remember that you’ll need to be logged into your Betfair account to enjoy the awesome live streaming service.

Limits - How much you can win at Betfair?

So the good news is that Betfair has some of the most generous maximum winnings limits on the market. The brand’s horse racing betting limits are very generous which means that you should be able to win anywhere up to $100,000 with your horse racing bets in the US. Plus things get even more impressive when you bet on horse racing in the UK with up to $1 million in winnings available from your bets on those massive races like the Cheltenham Gold Cup. You’ll find more about maximum winnings limits in the Betfair terms and conditions.

It’s worth noting that the maximum winnings limits might be even more flexible when you visit the Betfair exchange. Just so you know, the maximum and minimum amount that you can bet varies according to the sport and the bet type.


Product Summary - Amazing horse racing betting site

The quality of the Betfair sportsbook is so good for horse racing that you’ll quickly forget about the total lack of Betfair casino review here. Obviously this Betfair betting exchange isn’t for everyone as it can take a fair amount of skill and expertise in knowing how and when to back and lay your bets. Plus the fact that you can’t use Betfair to bet on big US sports like hockey, basketball, football and baseball isn’t too impressive.

But if you’re into horse racing, it’s hard to argue with what the Betfair exchange has to offer. Simply put, you can get some of the best horse racing odds on the market here. This means that regardless of whether you want to bet on that big US horse race, or try your luck anywhere from horse racing in the UK to Australia, you should always be able to find superior odds.

It’s worth reminding you that you will be hit with commission fees for every bet that you try on the Betfair exchange. To be fair these fees are fairly negligible and they aren’t as high as you can find at some other sports betting exchanges.

Plus we should once again state how the Betfair exchange is packed full of advanced features like live streaming. This isn’t just good fun, as live streaming can be a great way of boosting your betting knowledge by seeing how each of the runners really performs.

All of which shows that Betfair should definitely be factored in for the next time that you want to bet on horse racing. Plus it bodes well for when Betfair decides to expand its betting service to let you bet on classic US sports like NFL, NBA, NHL and so on.

Betfair Review FAQ

❓How does the Betfair exchange work?

It’s important to note that the Betfair exchange works a little different from the kind of sports betting site that we found in our Bet365 review. This isn’t necessarily a bad thing, as many people use betting exchanges as a way of getting superior odds. However, it’s worth noting that betting exchanges aren’t for everyone. So be sure to read our Betfair sportsbook review to see whether you should try the brand’s betting exchange.

🎰Is the Betfair casino safe?

There are always some key criteria that we look for when we evaluate the safety of any online casino. You can check out our Borgata casino review and see how we examine everything from the brand’s licensing to how careful it was with your personal data. So be sure to check out our Betfair casino review to see whether you should trust this site with your real money deposits and personal information. 

⚽How good are the Betfair sportsbook odds?

There’s no point in signing up to an online bookmaker unless you know that its sports betting odds are going to be consistently good. This is because all of our bookie reviews like our 888 review will always carry out detailed odds comparison tests. So be sure to check out our Betfair sportsbook review to see how this brand’s sports betting odds compare to the competition. 

📱Is there a Betfair app?

Mobile betting is massive news at the moment and most people like to be able to bet from a smartphone or a tablet. As such, we had to make our reviews fairly mobile-centric. Take a look at our Caesars casino review to see how we examined its mobile betting options and then compare it to what we found in our Betfair review. Perfect for seeing which betting sites work best on a mobile.

🔐How do I get a Betfair login?

Signing up to Betfair is pretty similar to signing up to most online betting sites and you’ll know what to do if you’ve read our BetMGM review. This means that you should be able to create an account, get your login and start betting in just a matter of minutes. Be sure to check our Betfair reviews to see how you can simply set up your account and enjoy putting down your bets at this top-class betting site.

Overall Conclusion - Highlights from our Betfair sportsbook review

Our review has shown that Betfair is an awesome horse racing betting site. The fact that there are no bets for other sports and no Betfair poker platform or Betfair online casino might be disappointing for some people, but our Betfair sportsbook review has shown that this site will meet the needs of all racing fans. Whether you want to bet on the Kentucky Derby or the Preakness Stakes, you’ll love what you find here and things get even better when you pick up one of those Oddsboost deals. Plus there’s even an amazing betting exchange at Betfair that truly adds an extra dimension to your racing bets.

Is Betfair safe? You’d better believe it. It is fully licensed and regulated in the states where sports betting is legal in the US and it has all of the encryption technologies you need to stay safe. Plus with reliable payment methods and good customer support, you should feel well taken care of here.

Obviously there will be downsides to any online betting site, and the lack of loyalty program might be disappointing for some. But unless you’re still hankering after some kind of Betfair casino review or standard sports bets, we think that you’ll love what you find at this site. So be sure to sign up to Betfair for your next sports bet!

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