Betfair Australia Review 2019: Exchange, Mobile App & Desktop Site

Betfair is a well-known bookmaker in the UK and worldwide because it operates the world’s largest betting exchange. You can also log in to Betfair from Australia and this branch is unique because it is the only one in the country that runs a betting exchange. They do it under a Tasmanian Gaming License. In this article, we will tell you more about Betfair Australia.

Betfair in Australia Review: Top Specials 

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Betfair Australia Sports, Odds and Markets available

The Betfair in Australia operation, which was recently bought by Crown Resorts, has a wide variety of sports and markets available. You can bet on different kinds of sports such as:

  • Basketball
  • Cricket
  • Soccer
  • American Football
  • Boxing
  • Golf
  • Horse Racing
  • Greyhounds
  • Australian Rules

There are many more available sports, but it is pointless to list them all. Except for sports, you can also bet on special events related to politics or TV shows, for example. You can find these special markets labeled as:

  • Politics
  • Special Bets
  • Current Affairs

As a well-known bookie, their variety of markets for popular sports is not a surprise. For instance, some of the Soccer markets are:

  • Half Time
  • Match Odds
  • Next Goal
  • Both Teams to Score
  • To Qualify
  • Over/Under

Some of the less popular sports aren’t as market-rich as Soccer or Tennis, but you still have a lot of competitions to choose from. A cool feature is that you can save your favorite markets, so you don’t have to search for them every time. You can see them by following the “My Markets” link, which you can find in the top left corner below the “Home” page link. There are also links to the In-Play matches on the right side of the page. They are filtered by sport so you can access them faster and never miss a.

Although the company marketing team claims that their average odds are 20% better than other fixed-odds bookmakers, this can’t be proven right all of the time. The prices highly depend on the liquidity available on the market in question. For instance, you can get higher odds on Horse Racing, Soccer, or Greyhound Racing regularly. But when it comes to less-known sports like Mixed Martial Arts or E-Sports, it might be challenging to get your bet matched.

The number of markets and bets settled by Betfair Australia, compared to other rivals, is unmatched. But when it comes to the amount and odds offered on an Exchange, it depends on the number of customers willing to bet on that particular market. You always have the option to request the odds you wish on your next selection, but there is no guarantee that they will pube matched. If there not matched, regardless of the outcome of the competition, you will get your stake back.

If you don’t find that the Exchange is offering you what you are looking for, you can always place your bet over at the Betfair trading in Australia. It works like any other traditional fixed-odds bookmaker.

Betfair Review 2019 for Australia

Betfair Exchange Australia 

Are you asking yourself if Betfair is legal in Australia? Yes, it is, but there’s more! Betfair Australia is the only legal Exchange in the country. If you don’t know what a Betting Exchange is, then let me explain. Traditionally a punter bets against a bookmaker, but with an exchange, there is no bookmaker. The odds and stakes are all the punter’s choice. On an Exchange, you play against another punter who bets against you. You can even choose your odds, but to gain any profit, another player must bet against you and agree to play at your odds. 

For example, if you wish to place a bet on a team to win (backing) with odds 1/5, the other player would have to bet that the same team will lose (laying) at 5/1 odds. The specific terms used are “back” and “lay.” You might be wondering then how Betfair profits from operating this Exchange platform? Well, any Exchange operator profits by charging small commissions on players’ net winnings while the traditional bookmaker profits by taking a percent of the odds, not the winnings. This means that the odds provided on the Exchange are better than those of conventional bookies. Another positive is that on an Exchange, the operator can’t limit your game time if you “win too much.”

Betfair has an advantage in Australia because there are no other operational exchanges in the country. But not all players trust or understand the Exchange over a traditional bookie. For that reason, on the Betfair website, you can find extensive articles, instructional videos, and tutorials on many different topics. The page is called Betting Betfair. It is the right place for new punters as well. The Exchange might feel overwhelming, and you might not quite understand it. Betting Betfair is the perfect place to learn all you need to know about an exchange, betting, or a specific sport. They even offer the listeners a podcast you can access through one of the following platforms:

  • YouTube
  • Google Podcasts
  • Spotify
  • Apple Music
  • SoundCloud

Each week they have celebrity guests in the forms of sports ambassadors come in and offer insight on their sports. You can listen to Racing, Cricket, Soccer, American Football podcasts seven days a week.

Betfair Australia Mobile App Review 2019

Betfair Mobile App Review: A Quick Look 

Betfair is a top bookmaker, and of course, we expect their mobile services to be exemplary. The official app is available on both Android and iOS. Like all other gaming apps, if you are an Android user, you will have to download the app from the Betfair website, not Google Play. If you have an iOS device, you can get it from the Apple App Store. Once you download the app, you will have access to the Exchange platform in the palm of your hands.

The app has some exciting features you might like. For example, using the Price Graphs, you can view how much bets are matched, runners or players, price fluctuations, or percent chances. Another cool feature you might know very well from the desktop version of the site – the “My Markets” tab. You can save your favorite markets there, and you can access them faster. You can even see the markets you save when playing from the desktop version, as well. Other updated or new features you might find useful are:

  • Highlighted Odds
  • Price Graphs
  • Potential Profit
  • SP Bet Option
  • Full Market Depth

The 2019 Betfair promo code for Australia also works through the mobile app. It will give you access to some of the exclusive promotions of Betfair Australia.

Betfair Live-Streaming for Australia 

Live-Streaming is very important in today’s online betting world. If a bookie doesn’t have this feature, it is most likely not as popular as it can be. Betfair offers Live streams of all kinds of events 24/7. They provide streams for sports like football, tennis racing, and many other options, even not-so-popular ones. You can find the full schedule on the Betfair TV Guide page. The cool thing is that you can filter your search by:

  • Sport
  • Date
  • Language
  • Country
  • Popular Events
  • TV Channel 

Almost all the streams are free; you only need to have an account with a positive balance. Only the Horse and Greyhounds streams are not free to watch. For them, you need to have placed a bet of minimum 50p on the select race to gain access to the stream. If you don’t want to watch the match or race on a computer, you can always download the Betfair App on your smartphone or tablet computer. Apps that have this feature are pretty rare in the bookmaking universe, so you can be sure that Betfair is a top betting provider.

Payment Methods and Customer Support at Betfair OZ

If you don’t understand a particular aspect of the Exchange or have an idea you would wish to share with Betfair, there are two ways to contact them. You can either E-Mail them or call them. While the E-Mail is one for Australian customers, the numbers on which you can reach their “Contact Center” are few. You can contact the Australian or New Zealand Helpdesks by phone. There is even an international number you can contact them on. Another excellent support feature is that you can request a “Live Demo” of any part of the Exchange. To request a demonstration, you can contact them between 8 AM and 10 PM on the Helpdesk Australia phone number. There are even options to place a bet on the phone. It’s called “telephone betting.” It was introduced because of Australian laws regarding online betting.

There are seven different deposit/withdrawal methods unique to Australia. You can see the details in the following tables: 

Deposits 

Deposit MethodMinimumFeesProcessing Time
Credit/Debit Card$10FreeInstant
P0Li$5FreeInstant
B-Pay$30Free2-5 workdays
Bank Transfer$30Free1-3 workdays
Neteller$25FreeInstant
Skrill$15FreeInstant

Withdrawals 

Withdrawal MethodMinimumFeesProcessing Time
Bank Transfer$15Free1-3 workdays
NetellerN/AFree1-2 workdays
SkrillN/AFree1-2 workdays

A significant fact is that Betfair Australia doesn’t accept any cheques or third-party payments wither for deposits or withdrawals. Another bit of information is that Betfair AU itself doesn’t charge any fees for withdrawals or deposits. But they cannot guarantee that your bank won’t charge you anything in the form of deposit/withdrawal fee, currency conversion fee, etc.

Last update : December 2019