Welcome offer · 🇬🇧 United Kingdom
Bet £10, get £30 in free bets
- Live betting
- Live streaming
- Cash out
Review · Updated November 2026
Betfair review
The world's biggest betting exchange
Our verdict
Betfair runs the world's largest betting exchange alongside a traditional sportsbook, letting you back and lay outcomes at prices set by other punters — often the best odds available.
Betfair is operated by Flutter Entertainment and has been around since 1999. It is available in United Kingdom, Ireland, Spain and Italy. We rate it 8.8/10 overall, with its strongest scores for odds value and markets & coverage.
Odds-wise, Betfair's typical margin on top-flight football match result markets is around 3.0%, better than the 6.5% average among the 11 other bookmakers we track in United Kingdom. Popular sports include Football, Horse racing, Tennis, Cricket, Golf.
Pros
- ✓Exchange prices often beat bookmakers
- ✓Lay betting
- ✓Sportsbook and exchange in one account
Cons
- ✕Commission on exchange winnings
- ✕Exchange can be confusing for beginners
Betfair welcome offers by country
| Country | Offer | Licence | Visit |
|---|---|---|---|
| 🇬🇧 United Kingdom | Bet £10, get £50 in free bets Sportsbook new-customer offer. Terms apply. | Licensed by the UK Gambling Commission | Visit Betfair |
| 🇮🇪 Ireland | New-customer offer Sportsbook welcome offer. Terms apply. | Licensed to operate in Ireland | Visit Betfair |
| 🇪🇸 Spain | Bono de bienvenida New-customer offer in Spain. Terms apply. | Licensed by the DGOJ | Visit Betfair |
| 🇮🇹 Italy | Bonus di benvenuto New-customer offer in Italy. Terms apply. | Licensed by ADM | Visit Betfair |
18+. T&Cs apply. Offers change often — always confirm the latest terms on the operator's site. Gamble responsibly.
Features
- Live betting✓
- Live streaming✓
- Cash out✓
- Bet builder✓
- Booking codes–
- Edit bet–
- Acca bonus / boost–
- Early payout–
- Mobile money–
- Virtual sports–
- iOS app✓
- Android app✓
- Data-light site–
- Betting exchange✓
- Jackpots–
Popular payment methods
Typical options — check the cashier for the full, current list.
🇬🇧 United Kingdom
Debit card · PayPal · Apple Pay · Bank transfer
🇮🇪 Ireland
Debit card · PayPal · Apple Pay
🇪🇸 Spain
Bizum · Visa / Mastercard · PayPal
🇮🇹 Italy
PostePay · PayPal · Visa / Mastercard
Betfair alternatives in United Kingdom
Welcome offer · 🇬🇧 United Kingdom
Bet £5, get £20 in free bets
- Live betting
- Live streaming
- Cash out
Welcome offer · 🇬🇧 United Kingdom
Bet £5, get free bets
- Live betting
- Cash out
- Bet builder
Frequently asked questions
Is Betfair legit and licensed?
Betfair holds licences in the markets we list: United Kingdom (the UK Gambling Commission); Ireland (Licensed to operate in Ireland); Spain (the DGOJ); Italy (ADM). Only bet with Betfair where it is licensed for your country.
What is the Betfair welcome bonus?
In United Kingdom, the current offer is: Bet £10, get £50 in free bets. Sportsbook new-customer offer. Terms apply. Offers differ by country and change regularly, so check the terms on the Betfair website before you sign up.
Does Betfair have an app?
Yes. Betfair offers an Android app and an iOS app.
How good are Betfair's odds?
On major football 1X2 markets Betfair's margin is typically around 3.0%, compared with an average of about 6.5% among its competitors in United Kingdom. Lower margins mean better odds — compare live prices on our odds pages.