Betfair are Australia's largest online betting exchange and offer a great overall service and experience that you're often unable to find with a standard online bookmaker.
- Australia's biggest betting exchange
- Excellent odds on sport and racing
- Massive range of markets
- Commission charged on winning bets
Betfair aren’t your typical online bookmaker, infact they’re not an online bookmaker at all. Betfair are actually a betting exchange – and the world’s largest betting exchange at that.
So what’s the difference between a bookmaker and a betting exchange? With a bookmaker you’re simple betting against the bookie. Whereas with Betfair, you’re betting against other Betfair customers. This means that Betfair have zero liability and only take a commission on winning bets.
This also means you’re far more likely to get better odds than you would with your typical online bookmaker as Betfair don’t need to make a margin for profit on each market.
During their time in the industry Betfair have become a pivotal park of the landscape and continue to attract many new customers.
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While online bookmakers often attract new customers with lucrative sign-up bonuses, Betfair attract punters with their great odds, betting tools and overall service.
That’s not to say that they don’t offer great promotions.
Betfair pride themselves on providing punters with the best tools available to give you the best chance to win.
Unlike online bookmakers, Betfair make their money by taking a commission on winnings – rather than needing punters to win in order to make profit.
This is one of the many reasons why punters often prefer to bet on a betting exchange such as Betfair.
Betfair Bookmaker Overview
Overall Betfair offer a great point of difference compared to your typical betting experience.
Their excellent odds are generally far more competitive than online bookmakers which is one reason why punters love Betfair.
The overall experience with both their website and mobile apps has proven to be very positive experience among their customers so it’s no surprise to see Betfair continuing to grow.