Betfair Review – Read our eSports Betting Site Rating in 5 Mins
In 2000, Edward Wray and Andrew Black, a successful entrepreneur and former professional gambler, founded Betfair. Betfair started as a sport betting exchange. In contrast to conventional betting, betting exchanges allow customers to place bets against other users instead of a bookmaker. This allowed Betfair to offer much higher odds than other bookmakers. They were the first to offer this new form of odds gambling and the new format quickly became very successful. Over the years the brand expanded and it has become the UK’s largest sports betting company. In 2016, Betfair merged with Paddy Power, an Irish bookmaker and the largest telephone operated betting service of the country. Together as Betfair Paddy Power they now offer their services worldwide to over 4 million customers. They operate internationally under Gibraltar and Malta licences and under local licences in Bulgaria, Italy, Spain and Australia.
Besides betting and bet exchange on conventional sports and esports, Betfair offers a wide range of gambling entertainment that includes Bingo, computer-generated casino games and live dealers that offer roulette, blackjack and baccarat.
As a top sports betting company, Betfair benefits from being associated with two top football clubs. Since July 2016, Betfair has been the official main sponsor of FC Barcelona. They have also signed a sponsorship deal with Arsenal until 2019. Last but not least, Betfair is the official betting partner of Southampton FC.
The result of the Betfair review
The Betfair site offers a wide range of casino and sport betting games that will satisfy most fans of gambling and they can easily keep fans entertained for a long time. Whether they are looking for classic casino games or want to bet on sports and esports, Betfair offers it all.
For sports betting, Betfair covers most options including football, tennis, darts, horse racing, cricket, mixed martial arts and more. Players can try out their favourite sports and esports betting strategies. It is great that Betfair offers such a broad choice, but it can be tricky to find the sport or esport that you are looking for. To bet on esports, customers need to navigate to the top bar and click on ‘Sportsbook’. The next page shows all current and highlights games and odds. But if you are looking for CS:GO gambling or League of Legends betting, you need to browse through the list on the top left of the page that says ‘All sports’. A drop-down menu appears and you can find ‘esports’ here. Unfortunately it looks like Betfair will lose a point as they only seem to offer League of Legends betting. Wagers can currently be placed on either LOL Tencent Pro League, LOL EU LCS Spring Split and Dota 2 Asia Championship. Not among the best esports betting offers that can be found, but definitely not the worst. However, Betfair offers many other attractive features that could compensate for what other CS:GO betting sites fail to offer.
Where Betfair distinguishes itself from other odd betting sites is the fact that it offers an odds exchange where players can bet against odds from other players. This results in higher odds with the potential for bigger wins.
Betfair gives customers the chance to bet 24/7 via their website or by telephone. The brand’s services are backed up by customer support where players can get answers to all their questions. Players can reach the customer service of Betsafe via telephone, email, Twitter and Facebook or even use the live chat service. The availability of chat and phone, however, is not available to all countries. According to the website, players should get a response to their enquiries within 30 seconds by the phone or chat options, or between 2 and 4 hours via email. Getting a personalised response is often not even necessary, as most questions can be answered through the help page on the website. One of the most important questions that customers ask is: is Betfair safe? After reviewing the site and searching online for other user experiences we have not found any reason to believe that Betfair are not. Their products are approved and backed up by licences that make them a reputable and legal casino and bookmaker site. The company is ISO27001 certified and uses two-way authentications that reduce the chance of accounts being compromised. So players can be sure that all esports betting is legal. In addition to this, Betfair pay out their winnings and provide their services through secure internet connections. So is Betfair safe? We have not found any evidence that would make us think that they are not.
Betfair esports experiences: An industry leading bookmaker
Our Betfair esports review has investigated the CS:GO gambling opportunities and League of Legends betting. We must say that Betfair does not belong on the list of CSGO betting sites as our Betfair esports Review found that Betfair currently only offers odds for two League of Legends championships. That said, the following are reasons why players should try out Betfair:
- Betfair offers a wide range of casino games and betting opportunities
- Betfair offers ‘exchange betting’ and ‘lay betting’, which results in more diverse bets and better odds compared to traditional sports betting.
- The website is well designed and has a good user interface
- There are no extra costs involved in making deposits
- Deposits can be made with most credit cards and e-wallets such as Neteller, PayPal, Skrill, Web Money and Paysafecard
- Betfair is a highly professional website and there is no risk of scams
- Players can enjoy betting on the go with the Betfair mobile app
Betfair: Detailed rating reports for esports betting
For the Betfair eSports betting site review, we have looked at ten specific points that we will discuss in detail to provide you with the best Betfair eSports review. We will be discussing:
- Betting Odds
- Customer Services
- Games covered
- Events covered
- In-play esports betting
- Payment methods
- Betting limits
1.) Bonuses: Different bonus options for new and existing customers
Betfair offers bonuses for new and existing customers. Depending on whether customers want to place bets making use of Betfair exchange or want to play casino games, they can choose between different welcome bonuses that are available for new customers. These bonuses range from €10 to €20 and terms and conditions apply. Some bonuses are only valid for players from certain countries or require specific payment methods. Players are advised to always read the terms and conditions so that they avoid any disappointment, and some Betfair bonuses can be used for esports betting.
2.) Betting Odds: Betfair Betting Exchange
Betfair offers very competitive betting odds mainly because they offer what they call a ‘betting exchange’. With a betting exchange, customers make bets against other users instead of against a bookmaker. In reality, the customer acts as the bookie. This results in a broader range of bets and odds.
Betting exchanges also offer the option of ‘lay betting’ where players bet on the chance of something not happening. So have a look at the website of Betfair where this concept is explained in more detail.
3.) Customer Services: Detailed FAQs
Customers don’t need to spend a lot of time finding answers to their questions, as Betfair offers great support for those that can’t find their answer in the Frequently Asked Questions section. Support is available via email, phone, chat, Facebook and Twitter.
4.) User-friendliness: Mobile app available
The website of Betfair offers some great and straight-forward betting. Players simply have to click on the odds they want to bet on and fill in their stake in the betting slip that appears in the top-right corner. Players can then keep adding bets and finally check out and confirm their wagers. Betfair also offers a mobile app that can be used for esports betting.
5.) Games Covered: CSGO, LoL and Dota 2
Betfair offers a wide range of esports entertainment. Besides sports betting on most sports available, players can make some bets on great esports titles like CSGO, League of Legends and Dota 2. With some great odds on all of the major esports tournaments, it’ll show that there’s much more to Betfair than their strong sports betting service.
Whilst the CSGO options were very limited, it appears that Betfair will be adding many more options in the future.
6.) Events & Tournaments: Got most popular tournaments covered
Whatever your favourite esport, you will find many great events to bet on. Some top esports tournaments are covered live so players can watch the stream on their browser whilst researching their betting options. This means that you can directly watch the action unfolding on games like CS:GO and LoL, and then place an in-play bet to really ramp up the action!
7.) In-play esports Betting: Quick and Easy
Players can place their bets long before a game starts but also after a game has begun. Click on the ‘in play’ column and you can get an instant overview of games currently taking place.
When a player selects a sport or an esport that currently has no matches going on, an overview of upcoming games will be presented together with the available odds and the date and starting time of those matches.
8.) Payment methods: Ample choice
Betfair generally accepts most of the payments methods that are common in the country of the customer. These can be either debit or credit cards, bank transfers or e-wallets, with VISA, MasterCard and PayPal being the most commonly accepted options. Customers should check which payment methods are available in their country. It is also important to note that if customers want to make use of a certain bonus offer, they will need to check the terms and conditions to see if there are any requirements concerning the payment method used.
9.) Security: Is Betfair safe for esports betting?
Betfair takes security very seriously and is compliant with the ISO27001 standard which means that it is up to date with all latest standards concerning data security. The brand apply two-way authentications for players to log into their account. Betfair is also PCI certified and undergoes regular audits by qualified assessors to make sure that they are compliant with all necessary regulations. Players gambling their money with Betfair, therefore, have little to worry about.
10.) Betting limits: Different markets have different limits
Whilst bets are not limited at Betfair, the maximum payout is. Different markets have different limits. The highest limit is £1 million which applies to the English Premier League, FIFA World Cup finals, UEFA Championships and similar top level events. Accordingly, there are limits of £500,000, £250,000, £100,000 and £50,000 for different events. Customers should take the time to read the rules and regulations concerning the event limits so that they know exactly how much they could win.
Betfair: Our Final Conclusion
In this Betfair esports betting site review, we had a look at which Betfair esports betting bonus offers are available and how they compares to other CSGO betting sites. We found that Betfair offers a great selection of betting games with a stylish website and excellent customer service. The brand have some commendable betting odds as a result of their exchange betting service. However, for some esports Betfair does not compare well to other CS:GO betting sites. Betfair does offer legal esports betting on League of Legends and Dota 2, but at the moment, it seems that they fail to offer odds on other esports.