Betfair Exchange Review

Betfair logo

Betfair Exchange is the exchange betting service offered to customers by the popular sportsbook Betfair. It is renowned as one of the best online casinos and will generally give you the best value when you bet online with them. It is the largest betting exchange in the United Kingdom, and you will be left impressed by the sports betting markets on offer to those who create an account.

Betfair Exchange is not a traditional sports betting site, with punters betting against each other and setting their odds. Betfair acts as the middleman in the online betting exchange platform, holding the money for you until the bet settles. They will then keep a small commission from the lay bet or the win bet. Continue to learn more about the Betfair Exchange and what exchange sports betting can offer you today.

Pros & Cons


  • Good Promotions
  • Competitive Odds
  • Huge Variety Of Markets


  • Restricted Countries


Free Bets & Sign-Up Offers

All new customers who create an account can claim the Betfair Exchange welcome offer. The Betfair Exchange welcome offer allows punters to earn a £20 risk-free bet on the sports betting Exchange as they wish. To claim it, you must be a new customer that does not already have an account with Betfair, including their sportsbook. It would be best to place your first bet with the sportsbook within seven days of creating your account to qualify for the promotion.

At this moment in time, there is no promo code required to claim this offer. If a promo code is required later, we will update this page. The offer is risk-free, although you have to deposit a to qualify for the promotion of at least £20. Your qualifying bet should be £20 and should be bet on a selection at odds of at least 1/2 or greater. Should your selection win, you will be rewarded with your winnings as you would with any average bet? However, if your bet loses, you will receive a full refund of £20 in cash.

You can use your £20 risk-free bet on any sports betting market featured on the Betfair Exchange, and should you follow all of the steps mentioned above, you will be rewarded with your money back as cash if it loses. Funds will be returned to your account within 72 hours, and you can withdraw cash if you wish. The Betfair Exchange welcome offer is one of the better welcomes offers you will find in the industry, particularly if you like exchange betting. There won’t be too many other bookmakers offering you a £20 risk-free bet, so you should think twice before you pass up on this offer.

Key Information

🔴 Site NameBetfair Exchange
💋 OwnerPPB Entertainment Limited
😘 Welcome Offer£20 Risk Free Bet
💯 Bonus Percent 100%
💳 Minimum Deposit£10
🔥 LicenseView
📅 Founded2000
🏪 Software
😄 Social MediaTwitter Facebook
📪 Address

Level 2
Spinola Park
Mikiel Ang. Borg Street
St. Julians

📧 Email

😍 Sister Sites

Bet365, Betfair Sports, Paddy Power

💰 Deposit Methods Skrill, Bank Transfer, PayPal

Joining Instructions For Betfair Exchange

You can create an account with Betfair Exchange today in just a matter of minutes. You will need to have an account with them to ensure that you can claim the Betfair Exchange welcome offer and all of their other promotions and sports betting markets. To begin creating your account, you must click ‘join’ in the top right-hand corner of the screen. After this, you will be taken to a page where you will be required to enter several personal details, such as your name, date of birth, and address and come up with a unique username and password combination. This will then be used every time you log in to your account.

Once your details have been entered correctly and your account verified, you can start exchange wagering. At this stage, you will also be reminded to place your first qualifying bet if you want to claim the new customer Betfair Exchange bonus risk-free bet. If you do not do so, you will be unable to claim the offer. After this, browse their sports betting markets as you wish.

Markets & Betting Options

You have the same options that you would expect to find in an online sportsbook when it comes to markets and betting options. Each of the famous markets within the most popular sports are available, including football betting, often at better odds than what you find on the Betfair sportsbook. The sportsbook offering has excellent depth, and the Betfair Exchange lives up to this standard.

Each of the following sports is available for punters to take part in exchange wagering on real money wagers on their exchange service: American Football, Aussie Rules, Baseball, Basketball, Beach Volleyball, Boxing, Cricket, Current Affairs, Cycling, Darts, Esports, Football betting sites, Gaelic Games, Golf, Greyhound Racing, Handball, Horse Racing, Ice Hockey, Mixed Martial Arts, MotorSport, Politics, Pool, Rugby League, Rugby Union, Snooker, Special Bets, Table Tennis, Tennis, Volleyball, and Winter Sports.

This wide variety of markets and betting options ensures that there is always something to complete exchange wagering on at the Betfair Exchange.


4.8Out of 5
4.8 rating
Everything you could want in an online sports book!

With a wide range of sports and betting markets, competitive odds, in-play betting and more. There is always something to bet on at Betfair Exchange!

Our Scores






Live Betting & In-Play

There is also the option to partake in in-play betting when an exchange customer. There is an entire in-play section on the Betfair Exchange page which can be found in the top left corner of the screen. Click on this to view a complete list of all the ongoing live events available to back or lay. At the time of writing, in-play markets were available for football, tennis, e-sports, baseball, volleyball, snooker, ice hockey, and cricket.

This is a huge bonus to exchange punters, giving you even more choice when betting with them. The exchange odds will again likely be elite compared to what you will get at several other retail sportsbooks. The Betfair sportsbook also offers live betting and in-play markets for punters.

Ongoing Promotions & Offers

As well as the new customer offer, the number of additional bonus offers and promotions are featured on the Betfair Exchange. Sports bettors can get the best value when betting on sports exchanges, and these promotions will only enhance the elite odds t offered to punters. We have listed Betfair’s Exchange ongoing promotions and offers below:

Race Stats App – Download the race stats app to get 75% off your first month with Betfair Exchange. Use the Betfair promo code BF4412 to get access to this deal. T&Cs apply.

Best Odds On The Exchange – Betfair Exchange offer the best odds on football, cricket, tennis, golf, horse racing betting sites, and greyhounds. Bet using the sports betting Exchange for the best odds.

Refer and Earn – Earn £10 in cash for you and a friend to use on the Betfair Exchange when you refer them to Betfair Exchange sports betting. Maximum £10 per referral. Must have settled sportsbook/exchange/casino bets over £10 in 60 days. Max 5 referrals per customer. T&Cs apply.

VIP Promotions & Player Rewards

Many online sportsbooks will allow punters to enrol in a VIP rewards program. Those who do so offer special rewards such as exclusive VIP events, free bets, and enhanced odds and promotions. There is no Betfair loyalty VIP program relating to their exchange betting service. There is, however, a Betfair VIP program relating to their online poker service. Punters who enrol on this can get more value for their play on their video poker games and poker bets online.

Casino, Slots & Bingo At Betfair Exchange

Betfair Exchange players can also play casino, slots, and bingo games when they become Betfair customers. First, the Betfair casino features many casino gaming options and top online casino software. Play all your favourite casino games, such as roulette, blackjack, and hundreds of slots. TA slots tab allows you to explore their entire collection of slot games. The Betfair casino has a massive selection of video slots to choose from.

There is also the option to play bingo games at Betfair bingo. This comes packed with different bingo rooms and games that allow you to play comfortably. Play popular games such as Rainbow Riches Bingo on the Betfair bingo platform. The Betfair casino is excellent from each of the products above, and keen casino players are encouraged to browse the Betfair casino.

Play on Mobile & App

Players can play on the Betfair Exchange app via their mobile app. The Betfair Exchange mobile betting app is the first of these options, which is free to download for all smartphone users. This app features the same betting markets on the exchange website. It is the largest betting exchange app on the market and has an excellent rating of 4.7 out of 5 stars from over 17,000 reviews from the App Store.

Alternatively, you can play on the Betfair Exchange on your phone’s web browser. Again, you will have the same betting markets available when you play via desktop. However, if you want a premium experience when playing on your mobile, you should download the mobile app. There are also apps for the Betfair sportsbook, Betfair casino and Betfair arcade games that are free to download. All you need to do to participate in them is create a Betfair account today.

Payment Methods & Depositing

There is a wide variety of payment methods and deposit options for customers to choose from when it comes to funding your account. This strong choice of payment methods is not as deep as some other exchange betting or retail sportsbooks, but there is still more than enough to satisfy customers. You can instantly deposit into your account using these betting payment methods. Each of the following deposit methods is available to Betfair Exchange customers:

As previously mentioned, these are more than enough deposit methods for customers and will enable you to claim deposit bonuses across the site.

Is Betfair Exchange Trustworthy?

As a bookmaker, Betfair boasts several licenses that highlight that they are a trustworthy bookmaker that you can rely on when participating in exchange sports betting with them. Firstly, they are licensed to operate in the United Kingdom by the UK Gambling Commission. They license and regulate all gambling sites in the online gambling industry in the UK, and if you are unsure about a bookmaker’s legitimacy, you should be sure to check out their website.

They hold several additional licenses, including from the Malta Gaming Authority and the Danish Gambling Authority and have licenses in Sweden, Italy, Spain, and Romania.

Customer Support

If there is an issue with your Betfair Exchange account, you should contact their 24-hour customer support team. They have an excellent customer support team available to contact via several different channels and leave you with more than enough ways to find a resolution to your issue. The first of these is the live chat service, which allows you to speak directly to a member of their customer service team.

This is the most immediate of customer support options and is available 24 hours a day, seven days a week. The live chat option is excellent and gives you a quick response with a Betfair agent always on hand to respond to your query. There is also a search option within their customer support area. This is similar to a Frequently Asked Questions (FAQs) system that presents answers to several common questions about the Betfair sportsbook. You can also get in touch with Betfair via social media on their Facebook and Twitter pages, with the ability to send a direct message to either page.

Language Support

English isn’t the only option available to Betfair customers, with the option to change the language presented on screen. English is the default language presented on the screen, but you can change this by clicking the Union Jack symbol in the screen’s drop-down box at the top right-hand corner. When you do so, you can choose from the following language choices: English UK, English IRE, German, Spanish, Portuguese, and Russian. This is another point that works in favour of creating an account with Betfair.

Betfair Exchange Summary

From our review, it is easy to see why Betfair boasts the industry’s biggest and best exchange betting service. Customers have various incentives to participate in exchange sports betting with Betfair, thanks to the product’s overall strength. Starting with the new customer offer, punters can earn a £20 risk-free bet right away to use on their sports betting markets as they wish to create an account.

There is then the option to take part in their ongoing offers and promotions, although these aren’t anywhere near as strong as what you can find on the Betfair sportsbook. The ability to place live exchange bets is a bonus for customers with a robust in-play section available. Additionally, there is an impressive array of sports, markets, and betting options across the Exchange.

If you want to get into exchange betting, look no further than the Betfair Exchange. They will promise to give you the most elite online exchange betting service with a loyal, active customer base. If you haven’t tried exchange betting before, then there is only one provider you should consider starting with.