Betfair Horse Racing

We have reviewed Betfair in September 2023 to bring you the latest information on their joining offers as well as looking at the many benefits of this great betting website.

In this Betfair review, we’ll find out if they are the right website for you as we dig into their welcome offers, ongoing rewards, Betfair live streaming, their software, their Exchange betting, the best odds guaranteed promise, customer support options and much more.

Read on to hear our thoughts or simply join Betfair today; follow our link and take advantage of a great sign-up offer now:

Welcome Offer, Betfair Joining Offer & Betfair Sign Up Bonus

When you join Betfair and deposit into your new account, you will be eligible for free cash. Simply sign up today, deposit £10 and get £5 free.

This Betfair joining bonus and Betfair joining offer is available to use for horse racing meetings at UK and Irish racecourses.

It is easy to activate, use our link and sign-up, following the easy steps below:

  1. Click on the link we have provided here.
  2. You will be directed to the official Betfair website, here you can check their terms and conditions.
  3. Once you register with Betfair and deposit £20 into your new account you’ll get £5 for free.
  4. You can then enjoy your free cash and use it to bet on racing or another sport of your choice.

Betfair Horse Racing

BET £5 GET £20
Betfair Horse Racing

New Customer offer. Place a min £5 bet on the Sportsbook on odds of min 1/2 (1.5), get £20 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly.

Full T&C's Apply

Betfair Racing Ongoing Promotions & Offers

To discover the latest Betfair promotions it’s best to the Promotions page on their website. This will keep you posted with the latest Betfair deals – which are usually open to both new and existing customers.

The current Betfair offers include a weekly bonus and ways in which you can earn Betfair free bets.

Ultimately, these Betfair deals allow you to be rewarded for your loyalty, meaning that not only do new players get perks but existing players can also enjoy the latest promotions too. This is one of the reasons Betfair is such a popular choice and why customers remain very loyal.

One of their tantalising promotions is a free £5 bet every time that you stake £15 in a week. This promotion can be used for any sportsbook bets.

There are other free bets available, including one for those that put on a multiple bet on the same game or race. Check the full terms and conditions for more details.

Another interesting current offer is the Betfair Price Rush; this is unique to Betfair. With this bet they enhance the betting odds for a short amount of time, so keep your eye open to take advantage of that.

Betfair Free Bets

As discussed, you can qualify for Betfair free bets once you’re a member. By simply betting on multiple bets on a weekly basis, you will activate the offer mentioned above, meaning that you can enjoy a free £5 bet every week. You can use this on Betfair horse races should you wish to.

Betfair Best Odds Guaranteed

On top of already having great odds, Betfair sports betting also offers best odds guaranteed, this means if you take an early price on the same day but the starting price is bigger, you’ll be paid at the bigger odds. Find out more about the Betfair Best Odds Guaranteed programme check out our dedicated page – bet with confidence time after time.

Betfair Boost Your Odds with Betfair Horse Racing Betting

You can boost your odds on 3 horses every day! This is a great way for Betfair customers to increase returns on those horses that you are especially confident on winning or placing.

Non-runner Money Back on All Races with Betfair Racing

This means that you can bet on ante-post races safe in the knowledge that if your horse is pulled out and does not run, your stake will be returned. This is great – especially for those punters betting someway in advance at typically larger odds.

Earn £10 in Cash For Every Friend A Refer

Got a friend you think would also enjoy Betfair and be a new potential Betfair customer? If you refer them and they sign up for a Betfair account you will get £10 in cash.

Each Way Edge with Betfair

This is something that many other bookies also offer, essentially you can decide to add more places to your each-way bet. This is particularly useful for very competitive big fields and handicap races. It may be only applicable to certain races, so check before betting.

Betfair Rewards 4 Racing

Betfair is currently offering loyalty offers for those that participate in their online casino and also have a Rewards 4 Racing scheme. You can collect points when you bet and then win prizes and save money. Follow our links for more info and also check out their horse racing tips!

Important Information About Betfair Racing

OwnerPaddy Power Holdings Limited
OfferBET £5 GET £20
Minimum Deposit£5
Accepted CurrenciesAustralian dollars, Canadian dollars, Euros, Hong Kong dollars, Norwegian kroner, British pounds sterling, Singapore dollars, Swedish kronor, US dollars, Denmark kroner
Payment MethodsSkrill Neteller Mastercard PaySafeCard PayPal ApplePay Visa Bank Transfer
SoftwareVirtue Fusion
SupportLive Help | Tel: 0344 871 0000 | email: [email protected]
Visit Betfair Horse Racing

What is the Betfair Exchange?

Are you looking for something a bit different? Maybe you fancy an exchange bet?

With Betfair horse racing exchange, they don’t just offer the standard horse racing bet types but also exchange betting. Betting on the Betfair horse racing exchange is essentially each player being the bookmaker and taking bets (setting their own odds) against other customers. Some punters love this and for others, it is too risky and they prefer more traditional betting options.

In essence, with Betfair Exchange, the punters win and lose between themselves with Betfair taking a fee, normally from the winning bets.

Betfair Exchange is the most popular brand of all the betting exchanges websites. The Betfair sportsbook betting app allows no limiting bet value and for this reason, high stakes gamblers view this as their preferred betting site.

Betfair Exchange Sign up Offer

If you sign up today, the Betfair Exchange joining offer for new players is a £20 FREE exchange bet!

Betfair Exchange

Betfair Exchange

Max £20 refund on first bet. Bet must be placed in first 7 days of account opening. Payment restrictions apply for the promotion.

Full T&C's Apply

Follow the link to find out more about this top horse racing betting exchange.

Betfair Brand Overview

Betfair is one of the most recognisable brands in the betting industry – their yellow background and simple black logo stand out amongst the crowd.

As you would expect from one of the best betting sites around, the website is easy to use navigate, sleek, well-designed and has no technical glitches. This is to be expected, especially with its Betfair Exchange betting function, where quick decisions need to be made and mistakes cost money.

Betfair advertises on TV and are well-known throughout the UK and the rest of the world.

They cover events from maiden hurdles at Plumpton, sellers and flat racing at Southwell,  through to the prestigious Cheltenham Gold Cup and Champion Hurdle at the Cheltenham Festival (check out Betfair Cheltenham offers) and of course the Grand National at Aintree Racecourse (as well as other popular races across the world – including Royal Ascot)! A bookmaker for everyone!

Betfair Horse Racing

Events to Bet On in Great Britain, Ireland and Across The World

It’s not all about racing and we know you may want to wager on other sports too. You’ll be glad to know that Betfair has lots of sporting events and markets.

If you join for the racing, then you will be glad to know that you can place bets on a range of local domestic meetings as well as the major racing festivals. Check out today’s races and also look out for offers on big events, such as the  Cheltenham Festival, The Grand National and more here.

Check out our UK racecourses guides which review racecourses the length and breathe of the country from York to Yarmouth Racecourse, Chester to Chelmsford and everything in between.

Betfair Exchange showcases a wide range of sports and betting options.

Betfair Mobile Betting & Betfair App Review

You can place your next bet from your mobile phone as well as betting on the move. Whether you use an iPhone or Android device, you can easily visit the official Betfair website via your Internet browser and you do not necessarily need the Betfair app – although it’s an option. To do this, visit the browser or download the app via App Store or Play Store.

Betfair In-Play Betting and Live Streaming

A site of Betfair’s magnitude is expected to provide a live market (called Betfair live betting or Betfair in play horse racing) and thankfully, they have a diverse range of sports on their in-play betting. When you first land on their site, you will be presented with the chance to check out their wide variety of in-play betting markets; this includes Betfair in-play horse racing.

They also have Betfair live streaming where once you have placed a qualifying bet you can sit back and enjoy the race or sporting event of your choice, please be aware it may be subject to a time delay.

Betfair Virtual Horse Racing

The Betfair virtual horse racing includes flat races, jumps races and sprint horse races.

In the virtual world the races are under starters orders every two minutes so gives punters plenty of opportunities to place bets online.

The virtual horse racing racecourses vary from bookie to bookie. Betfair take bets on the following virtual racecourses:

  • Puntwell Park
  • Nagsville
  • Neighmarket

Betfair Online Bookmakers are one of the best virtual horse racing brands for online betting with a great reputation.

Betfair Payment Options and Depositing

One factor that is often overlooked is how to deposit money into your betting account. Before joining Betfair ensure that the company have your preferred betting payment option. Betfair deposit methods include bank transfers, e-wallets and more.

Here are the Betfair deposit options and withdrawal options from the Betfair site:

As you can see, there are lots of ways to deposit and withdraw. Each of them has its own terms attached. Betfair does not accept credit cards.

The Betfair minimum deposit is £5.

Withdrawal Options

The withdrawal methods are the same as above. You will be restricted from withdrawing too much at once, but this is nothing to worry about and is normal. The minimum withdrawal is £10, and the maximum varies depending on the payment you opt for. Check their official terms and conditions for more information.

Can you deposit on Betfair with PayPal?

Paypal is one of the payment methods which Betfair accepts.

Once you’ve logged into your Betfair account, go to the top right-hand side of our home page and click the “Deposit” button. This page will show you all of the payment options accessible to you.

Simply choose one of the deposit options and enter the money as well as your password.

Take a look at our other guides on horse betting sites that accept PayPal in March 2023.

Who Owns Betfair?

Betfair is owned by Flutter, a parent organisation that is also a holding company for Paddy Power. If you want to become an affiliate and earn a commission with them, then you can- visit- this site and apply to their programme.


Betfair is licensed by Malta Gaming Authority and UK Gambling Commission. It’s important to check that any betting site you use is fully licensed by the appropriate organisation; you can rest assured that Betfair is fully licensed and regulated.

Betfair Software

Betfair utilises all the top software providers throughout their website so that everything runs smoothly. That applies to both the sports betting and casino. For racing, their software is responsive and easy to use. You can enjoy seamless design and software which makes it simple for all customers to use.

You are also available to live stream on Betfair now!

Betfair Customer Support

It’s always important to opt for a reliable betting site that will offer you support when you need it. If you need help when using the Betfair website or Betfair app then you can contact their official customer support, you can do this by e-mail, live chat or telephone on the below:

  • Phone on 0344 871 0000 for customers in the UK
  • E-mail on [email protected]
  • Visit their site for the live chat (live chat Betfair) and speak to somebody on their instant chat feature

Betfair Horse Racing

BET £5 GET £20
Betfair Horse Racing

New Customer offer. Place a min £5 bet on the Sportsbook on odds of min 1/2 (1.5), get £20 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly.

Full T&C's Apply

Summary of Betfair Sportsbook, Exchange and Racing

Betfair has always been a pioneer. As well as offering superb services that you would expect from all top betting sites, their exchange feature is unique and allows customers to bet against one another – offering punters the chance to become the bookmaker.

They have lots of options for betting and brilliant features including cash-out options, in-play betting, best odds guaranteed, live streaming, a variety of payment options and much more.

Plus when you join Betfair today you will get free money back.

Betfair racing gets our vote. We believe they provide some of the best prices, features and betting services around so, if you want a site that is reputable, cover lots of sporting events, then Betfair could be your perfect match.

We hope you have enjoyed our review of Betfair racing, if you think this is the betting site for you, then check them out for yourself now! Alternatively, check out some other exchange betting sites today.

Betfair Racing & Exchange Pros


  • The Betfair online betting platform has all the features of top bookmakers
  • The chance to “be the bookie” and bet as a betting exchange (horse racing exchange betting)
  • Lots of horse racing events, from domestic to international races
  • Comprehensive odds and great prices – including the best odds guaranteed – their horse racing odds are known to be some of the best
  • You can play from mobile using the Betfair betting app
  • Decent Betfair sign up offers if you join Betfair throughout the year – a good current Betfair new customer offer is available now
  • Variety of Betfair payment methods
  • Good horse racing betting tips and race previews
  • Betfair live in play betting
  • Good Betfair deals for existing customer
  • Betfair cash out options


  • It can take some time to understand the exchange concept

Betfair Related Posts

Here are all the related posts to the Betfair betting brand.

The Betfair British gambling company operates the world’s largest online betting exchange and provides sports betting markets including football, horse racing, golf betting and tennis. The British sports betting company is a huge brand in the gambling industry.

James Dooley is a UK entrepreneur who founded British Racecourses because of his love for horse racing. James owns 14 racehorses through Dooley Thoroughbreds, so he understands all aspects of horse racing, from wagering bets, and booking jockeys to sourcing the best horse racing trainers. James Dooley's connections give him inside information on horse racing tips and best chances of a winner.