Betfair was founded in 2000. The firm’s headquarters are in Gibraltar Hammersmith, West London, UK and Clonskeagh, Dublin. Since it is an international betting firm, it is regulated by various betting licensing organizations in different countries in the world, like the UK and Gibraltar. It is also licensed to operate in Kenya.
The bookie has made a name for itself in the betting industry worldwide because of its diverse portfolio of betting offers. Fairly new in Kenya, Betfair is slowly gaining popularity among Kenyan bettors, providing Kenyan bettors many enticing betting offers.
This article gives you an overview of Betfair so that you can make an informed decision by comparing it to other betting sites in Kenya.
Other Betting Games at Betfair
According to Wikipedia, Betfair Betting Exchange is the world’s largest online betting exchange. It was previously listed on the London Stock Exchange. On 2nd February 2016, Betfair was merged with Paddy Power to form Flutter Entertainment.
Apart from sports games, gamblers can also play bingo, virtual sports, casino, live casino, online bingo, online poker, pool, bingo, among others. The games are comprehensively covered on the firm’s website.
Worth noting, the firm was the first to sponsor an English soccer team. Also, it started its own betting radio service to broadcast race horsing.
First and foremost it has a wide portfolio of sports, as such, you can place bets on football, basketball, horse racing among other games. In addition, it has betting forums for those looking for extraordinary betting experiences and offers activities like eSports. As such, there is no limit as to what you can include on your betting slip when betting with Betfair. Most importantly, the betting firm provides fairly high betting odds.
What’s more, it uses high-security protocols to protect its members. The security operations include putting a limit on deposit amounts to prevent over betting and using state of the art systems to protect their servers.
Betfair Bookie Services
As one of the largest betting exchanges globally, Betfair provides a wide range of sports for punters to exercise their betting knowledge. Some of the popular betting games you can play are football, NFL, tennis, cricket, golf, horse racing and rugby as listed below. More so, they provide betting on politics and various television series. We have listed the gaming sports in alphabetical order below.
Gaming Sports at Betfair
- American football
- Australian rules
- Greyhound racing
- Horse racing
- Ice hockey
- Olympic sports
- Rugby league
- Rugby union
- Winter sports
How to Open a Betfair Betting Account
To become a member of this international betting firm, simply visit their website and click on the sign-up icon. In the provided form, fill in your personal details which include your sex, country of residence, names, your date of birth and your mobile phone number.
Besides that, you will be required to provide an active email address, a password, and your preferred currency. What’s more, the sign-up page requires you to fill in your deposit limit.
Betfair’s Welcome Bonuses
Upon registering with Betfair, you will be given a free bet bundle. The offer is for sportsbook betting only with new members given up to 100% in free bets on some deposits amounts not exceeding the company limits.
Making Payments and Withdrawals
Betfair provides its members with various international payment methods. They include several banking options and other payment methods. You can use Mastercard Debit, Credit Cards, Visa credit cards, Visa debit cards, PayPal among others. Unfortunately, it stopped using the Mpesa payment system, at the writing of this writing and we hope the services will be restored soon. Therefore, Kenyan bettors can make deposits or withdraw winnings through any of the international payment methods on Betfair including Skrill, PayPal or NETELLER.
Processing Fees and Commissions
One downside with this betting firm is that they charge their punters processing fees on deposits made. Worth noting, it is a small processing fee that is about 2% and therefore it is not a biggie.
Betfair also charges fairly high commissions on winnings which is not a favorable feature to bettors.
The Betfair system is programmed to prevent wagers from overspending on betting. To protect its members from overbetting, Betfair provides a system where punters can set limits on how much to bet. They can set monthly, weekly or daily limits on how much to bet or deposit.
To add to that, it protects minors from betting.
Betfair has an awesome online live betting platform. The interface is well designed showcasing lots of live betting games available for the day. Moreover, you can use your desktop or mobile device to place in-play bets.
Wagers can do live betting on soccer, badminton, ice hockey, cricket, basketball among other games. The in-play interface is user-friendly and lists the in-play and upcoming games. To place your bets, go to the firm’s website’s main page and select in-play. Then select the game you want to play.
For soccer live betting fans can go to the in-play icon, then choose football under the live betting forum and you will find matches for different markets including popular football leagues.
The odds for the live matches keep being refreshed every few seconds according to the status on the ground as the match progresses.
Live Streaming Live Games
Betfair offers one of the best live streaming services to bettors. The live streaming services are for in-play games. Select the sports among the listed sports namely horse races, cricket, and football and then you can live stream.
Pros of Betfair
- World’s largest online betting exchange
- It is an international betting site
- It offers a wide range of sports and markets
- Various payment system options
- Excellent Customer service
- Well marketed
- Bonuses and promotions
- Betting limits
- Live betting
- High betting security system
- Unfortunately at the time of writing this article, Betfair had stopped using Safaricom’s Mpesa payment system
- They charge processing fees
- They charge commissions
Bet Conveniently Wherever You are
Download the Betfair app from the firm’s website. It is provided freely, and it is easy to download and install on your mobile device. You can also create a new account directly using your mobile device after installing the app.
Betfair is a well-known betting site due to a number of reasons. Firstly, its fame can be attributed to the top-notch adverts on various media. They also have a large market coverage and offer both sports and gambling games attracting punters from all walks of life.