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Betfair Exchange Australia Review

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Betfair Exchange Australia Review

Betfair is one of the world's most important betting brands and the Austrlian branch of this global powerhouse is extremely popular.

The Betfair exchange offers a different way to bet against fellow punters with the opportunity to back and lay bets and become your very own bookmaker. 

New customers can join using our exclusive Betfair Australia referral code BETSAU. Due to government legislation, bookmakers are unable to offer Australian customers welcome offers. 


Betfair Exchange Australia Verdict

Why punters bet with Betfair:

Pros

✔️ Referral code BETSAU
✔️ Top brand
✔️ Inventors of the betting exchange
✔️ Wide range of sporting markets
✔️ Lots of payment options

Cons

❌ Lack of promotions
❌ Can be complicated betting on the exchange

Betfair Exchange Australia Website & Login

Everything about Betfair has been designed to make it easy to place bets in seconds. That is one of the most important things betting on the exchange, due to the fact odds can disappear quickly in this fast-paced way of betting. 

One of the key offers available from Betfair is the amount of commission you pay on bets. It is set at 5% but you can opt to change that feature as part of membership options. 

Betfair has lots of excellent betting products, and you can bet on almost every sport and racing market. There are lots of markets on football, rugby, cricket, tennis, snooker, basketball, and just about every other major sport. 

The Betfair betting exchange allows you to not only back selections, but also lay bets. That puts the power in your hands and you become the bookmaker by offering odds to punters who have a different opinion on what might happen in a race or game to you.

How the Betfair Betting Exchange works


Betfair offers betting on a range of thoroughbred and harness races (as well as sports) and the opportunity to BACK or LAY outcomes.

The Betfair Exchange profits through charging commissions (5% of the winnings a bettor earns) rather than by including a profit margin like a regular bookmaker does.

That's because a betting exchange like Betfair provides members with opportunity to bet against each other rather than a bookmaker.

Betfair Australia Exchange


Betting exchanges allow users the flexibility to find odds and markets they want rather than risking a bookmaker who can dictate the stake and price for a selection.

At Betfair you can still back a horse to win or place, as you would with traditional bookies, or lay horses not to win or place.

Lay betting is completely unique to Betfair Exchange. When you place a Lay bet you are betting on an outcome NOT to happen.

You are effectively offering a price that other users can Back Bet with you.

Betfair Exchange Australia Withdrawals & Deposits

Betfair Australia offers a large range of payment methods to deposit into your account, including:

  • MasterCard
  • VISA
  • PayPal
  • Neteller
  • Skrill
  • Paysafecard
  • BPAY
  • POLi
  • Western Union
  • Bank Transfer

Betfair Exchange Australia Customer Service

Betfair offers fast, reliable customer support and you can reach them in the following ways:

Phone: 1300BETFAIR (Aus)
Email: service@betfair.com.au
Twitter: @Betfair_Aus

Betfair Exchange Australia FAQs

What is the Betfair betting exchange?

Betfair was launched in 1999 as a sporting exchange, before becoming a Betting Exchange 12 months later. Now, Betfair is the world's biggest exchange and provides punters with the chance to be the bookmaker by backing and laying bets.

Is there a Betfair.com.au promo code?

Yes. Where it says "Do you have a promo code?" on the registration form, enter the code BETSAU.

How do I join Betfair Australia?

Signing up is made even easier when you follow our step-by-step guide in this article.


Facts & Figures

Payment Methods:
    MastercardVISAPayPalSkrillpaysafecardApple PayWebmoneyMaestroPOLiBPAYPayID +
Sports:
    American FootballAussie RulesBandyBaseballBasketballBowlsBoxingChessCricketCyclingDartsFootballGaelic SportsGolfGreyhound RacingHockeyHorse RacingIce HockeyIndy RacingMMAMotor RacingNRLNFLAFLPoolRugby UnionRugby LeagueSnookerSurfingTable TennisTennisVolleyballUFCWinter SportsWrestlingSoccer +
Australian Licence:
    Australian license
Maximum bet:
    10,000
Minimum bet:
    0.10
Available Countries:
    AustraliaNew Zealand (Aotearoa)