Betfair Review

Betfair Overview

Betfair

Australia's Only Peer to Peer Betting

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Betfair Features

  • Only Australian Based Betting Exchange
  • Best Odds
  • Australian Owned and Operated

Bonus Bet Details

Site Name:Betfair
Country:Australia
Bonus Info:Australia's Only Peer to Peer Betting
Deposit Options:Paypal, Master Card, Visa, Bank Deposit
Withdrawal Options:Paypal, Bank Deposit
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Full Review

Betfair Promo Code

The Australian government have banned all residents from viewing any bookmaker offers that are available. Don’t think that Betfair don’t have anything to offer you though. They are the only betting exchange in Australia giving punters the upper hand when it comes to odds and options.

Bet For Free recommend making a Betfair account to see all that Betfair site has to offer. They have a great support team that regularly email new customers with news and tips on how to use their site to the fullest.

Here’s how make an account using the Betfair Promo Code

Checkout the Betfair site here to make your account.

As Betfair is peer to peer betting Betfair encourage winners unlike the corporate bookies and their promo codes who will ban your account after a handful of good winning bets.

This is the best betting site to bet with at the moment and are very popular for both weekend punters and high rollers.

For more info about Betfair promo codes see the Betfair site here.

Australia’s only peer to peer betting platform that welcomes winners!

Australian’s that bet with Betfair know they are getting better odds that all the bookies as they are using the only betting exchange in Australia. It’s known that even the bookies lay bets on Betfair to balance their books.

Betfair is very popular for both weekend punters and high rollers making them the best all rounder.

For more info about Betfair see the Betfair site here.

Betfair Cash Out

Betfair Cash Out betting feature has changed the way Australian punters can bet. It gives you full control of you bets right up to the start of the event you placed your bet on.

It gives you the opportunity to take the profit from a bet if the odds change in your favour. The good thing about Betfair Cash Out is that its a one click feature that works instantly.

Betfair Cashout is available on many of the international sports markets that Betfair cover but its currently not available on the Betfair Mobile App so you will need to login with a web browser on your PC to use it.

Betfair Cash Out bring a new element to the way you can bet. Not all cash outs need to be winning ones for punters to take advantage of the feature. For example if you put $20 on Liverpool to beat Manchester United and find out that some of their top players are out then you can cash out. It will probably be at higher odds but a small loss is better than a full one.

On the other hand if you put $20 on Manchester United and find out that Liverpool has lost their best players then the odds for Manchester will obviously shorten. You then have the opportunity to cash out the bet and make a profit before kick off!

You are able to use cash out with Betfair free bets as well so you can have a play around with Cash Out on Betfairs money! See their site here for more info on Betfair Cash Out.

The video below shows how Betfair Cashout works and how it can improve the way you bet.

About Betfair

Betfair is a betting exchange based in Australia. Members can bet at odds set by each other rather than betting with a bookie, like two mates at a bar.

The advantage of Betfair over a traditional bookmaker is the ability to “Lay” a betting market. This means that you can bet on a team or certain horse to lose, rather than winning like with a normal bookmaker.

Eg. You can offer odds to other punters who wish to back a team for example Sydney to beat Melbourne. If someone takes your odds and Sydney doesn’t win then you win!

This gives punters a whole new outlook when it comes to sports betting which has become very popular in Australian in a short amount of time. It make the average punter able to become a bookmaker!

Betfair offers more betting options than majority of the other bookmakers in Australia. They include financial bets like interest rates and the US and Australian dollar values, these markets can be very lucrative to punters in the industry and are more predictable than sports betting and horse racing.

Betfair is now owned by James Packer and his Crown Resorts company after they bought the remaining 50% of Betfair from Britain’s Betfair Group. The now fully Australian owned company has hinted that they will be pushing into the fixed price betting market which will complement the betting exchange and give a new layer of betting to the Betfair website.

Expect Packer to be ruthless when it comes to competition in the online industry which will be great for the punters. I think there will be plenty of Betfair free bets and other week to week promotions that will become available.

Advantages With Betfair

There are many advantages to the Betfair exchange, the main one being that there is no actual bookmaker involved so you get the highest odds possible.

Betfair also have the most variaty of bets available. They offer the largest range of international markets of any other betting site in Australia.

You can also bet while a match is in play giving you full control on your betting. This can be done via Betfair phone betting service as Australian laws still outlaw online live betting at the moment.

Betfair also has an excellent mobile phone app that is used not only in Australia but throughout Europe so you know it is highly polished and fine tuned. The app is available for all iPhone, iPad and Android devices. The Betfair promo code can also be claimed on mobile’s using the same Betfair free bet offer page here.

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