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OddsDerby

Review · Updated November 2026

Betfair review

The world's biggest betting exchange

🇬🇧 United Kingdom

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. 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

CountryOfferLicenceVisit
🇬🇧 United Kingdom

Bet £10, get £50 in free bets

Sportsbook new-customer offer. Terms apply.

Licensed by the UK Gambling CommissionVisit 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

Betfair alternatives in United Kingdom

All United Kingdom sites →
bet365 logo

bet365

The world's biggest online bookmaker

8.9

Welcome offer · 🇬🇧 United Kingdom

Bet £10, get £30 in free bets

  • Live betting
  • Live streaming
  • Cash out
Paddy Power logo

Paddy Power

Irish bookmaker famous for money-back specials

8.5

Welcome offer · 🇬🇧 United Kingdom

Bet £5, get £20 in free bets

  • Live betting
  • Live streaming
  • Cash out
Sky Bet logo

Sky Bet

Request a Bet and daily price boosts

8.4

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). 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.