Our Guide to Betfair Horse Racing Betting Review
Information Update: Betfair are currently unavailable. For alternatives please check out list of the top ten horse racing betting sites.
Betfair is a name that everyone recognises and is perhaps one of the most famous sportsbook operators out there today. When they first launched, they were simply a betting exchange, however since its sportsbook was incorporated to their offering they also now compete with your traditional operators. In this review, we will focus on Betfair horse racing betting, and we will look at many aspects, such as odds levels, bonuses and promotions, security features, and even mobile betting. In doing so, you will have a complete overview of the bookie, and will see that they are great for wagering on the sport with. Read More
- Virtual Racing
- Daily Specials
- Live Streams
- Licensed by:
- UKGC
- #39439
- Accepted Payment Methods:
- Visa
- MasterCard
- Neteller
- Paypal
- Paysafecard
- Skrill
Betfair Horse Racing Offers
A good place to start is with bonuses. Betfair horse racing offers do exist and can be utilised in a top way. To start with there is their fantastic welcome offer, of up to £100 in free bets. These free bets can then be utilised on the race of your choice. Basically, once you place 5 x £10 bets, you received a £20 bet in return, and this can be repeated five times. It’s not a bad offer, and you can make a fair amount.
One very exciting feature is the option to cash out on horse racing bets. This is something that is unique to this operator and lets you withdraw your winnings before the race is over. How many times has it happened, your horse is just pipped to the post, well now it won’t matter! It’s a great option and is one of the best features here.
Betfair Horse Racing Odds
The importance of odds levels cannot be stressed enough. The higher the percentage of payout, the more you receive in winnings from the bookie. Luckily, Betfair horse racing odds are what you’d expect for an operator of their size. Our experts found variance in flat races, versus national jumps, and that worked out to be around an average of 82.06% overall. Take a look at the table below to see our overall findings.
| Flat Races | National Jumps | Average |
|---|---|---|
| 79.07 – 84.56% | 80.42 – 85.02% | 82.06% |
This is very similar to somewhere like Unibet and other bigger online bookmakers, so we were happy with the overall offering. Odds levels are important as it indicates how much profit the bookie is trying to skim. The higher the percentage, the more you, the punter receives from each bet. Our experts found that most of the big names are similar in what they offer, as they don’t want to lose customers or gains. It is a fine balance, and one that they have all seemed to settle on.
Betfair Horse Racing Live Streams
You’ll be pleased to find that Betfair horse racing live streams are very well done. Indeed, most races do have an option to watch live. This is dependent on the fact that you have placed a bet. All UK, Irish, and UAE racing is available as long as a minimum bet of 50p has been placed. If you have funds in your account videos of US and South African racing is free.
You’ll be sure to find all the events we’ve covered, available to stream one way or another. This is a fantastic offering and is one that is not often replicated. This is one of our favourite things about this bookie and our experts were very impressed. They also have virtual racing on offer, for those very rare times when there are no meets scheduled. We would say for enthusiasts this is a top site.
Mobile Betting
- Daily Promotions:Yes
- Live Customer Chat:Yes
- Quickbet Feature:Yes
- Live Streams:Yes
- Bet on Mobile!
If any of you have used Betfair’s app before, you’ll know how easy it is to use. This is no different for its horse racing feature too. In just a couple of clicks you can place a bet with ease, and the prominent cash out button lets you use this feature quickly and adeptly.
You can access everything you need from the hand drop-down menu, and its design is focused on simplicity. It is one of our favourite apps out there, and for anyone who is on the go, this is a fantastic mobile experience. We are sure you won’t be disappointed, it is a modern design, for a modern-day punter. It can be used on iOS or Android supporting systems, so you should be covered there. It can be downloaded from the prospective stores. We’d say give it a go!
Payment Methods
So far in this Betfair review we have focused on the more prominent features when looking at a bookmaker. What many of you may not realise is the importance of smaller details. What payment methods you can use, is integral to the user experience. There is nothing more frustrating than trying to deposit something, only to find you can’t. When doing our research, we found there was a multitude of options to use with this operator.
As you see there more traditional methods such as Visa, and MasterCard are present, but then you have many other options to boot. PayPal, Neteller, Paysafe, Skrill, even Apple Pay is allowed. Of course, you have to adhere to different limits (both maximum and minimum), and processing times may vary depending on the desired method. Even so, we believe the choice to be fantastic and you will definitely not be left wanting when it comes to depositing your money.
Safety, Security, & General Operator Info
Another important feature to talk about when analysing Betfair horse racing betting is the security aspects of the site. This is often overlooked and many think that things like licensing is a given. Rest assured, any site featured here is fully regulated and licensed. This operator has a license from the UK Gambling Commission, and you can find the number in the table we have provided below. In it we have given a summary of the key information about Betfair.
| Operator Information | ||||
|---|---|---|---|---|
| Company: | Betfair Limited |
|
||
| Founded: | 2000 | |||
| Headquarters: | London, UK | |||
| License: | 000-039439-R-319330-007 | |||
| Phone: | 0344 871 0000 | |||
| Email: | Contact Page | |||
| Live Chat: | Yes | |||
Protected by Norton 
GamCare, making gambling safer You will be happy to know that the sites SSL encryption allows your data to remain safe and secure. Furthermore, problem gamblers are protected by their commitment to GamCare, in order to shield those who are vulnerable. The customer service options are also very nice, they have a 24/7 live chat feature, and a dedicated contact page. They also have an in-depth FAQ section where you can resolve many of your queries straight away. Overall, we were happy with the customer service on offer and all our questions were answered promptly. If anything goes wrong we are confident they will resolve it quickly and is a big plus for this operator.
Conclusion: A Great Site
When it comes to horse racing betting then Betfair is a top choice. They offer value in terms of odds, a decent bonus, and even the option to cash out when playing with them. Although they were initially developed as an exchange, they have blossomed into a top-quality sportsbook, with lots of positives. Their live streaming output is second to none, and from the horse racing betting sites we’ve reviewed, they really are near the top.
Nothing is perfect, and we’d like them to have even more bonuses available, but overall our experts found the experience very satisfying. We’d say don’t wait and get straight to you, and you’ll see for yourselves what we are talking about.