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United States

18+
Betfair

Betfair

Exchange UKGC licence MGA licence DGOJ licence +3 licences Not licensed in United States

Payouts: instant with Pay by Bank. Not licensed in United States.

Betfair Exchange is the betting exchangeBetting exchangeA market where bettors bet against each other instead of against a bookmaker. The exchange matches bets and takes a commission on winnings. In the glossary → Betfair launched in 2000, now part of Flutter Entertainment: you back or lay against other bettors and pay commission on net winnings. Licensed by the UKGC (TSE Malta LP, 039561) and the MGA (Betfair International Plc).

Sister bookies FanDuel, Betfair Sportsbook, Orbit Exchange +6

Pros and cons

Pros

  • Back and lay against other bettors; prices set by the market
  • Commission only on net winnings per market, up to the 5% Market Base Rate
  • 2% commission on the Basic package of My Betfair Rewards (UK, Ireland and a few other countries)
  • One account and wallet with the Betfair Sportsbook
  • Licensed by the UK Gambling Commission and the Malta Gaming Authority

Cons

  • Not available in the US, Canada, France, Germany, Italy and more; Australia only via betfair.com.au
  • Commission rate depends on your country of residence
  • Extra Expert Fees for very profitable accounts (over £25,000 gross profit in 52 active weeks)
  • No welcome offerWelcome offerThe bonus a bookmaker gives new customers, often free bets or a match on the first deposit. Always read the wagering, minimum odds and expiry first. In the glossary → for new Exchange customers at the time of our check
  • Chile: named in Subtel's Sep 2026 court-ordered ISP block; no Chilean licence

Trust Score 8.4

Worked out the same way for every bookmaker, from the facts on this page.

  • Licence10.0 UKGC, MGA
  • Payout speed10.0 Instant with Pay by Bank
  • Payment choice7.0 3 of 5 kinds: cards, e-wallets, bank
  • Bonus terms–

    Not checked yet.

  • Betting features5.7 4 of 7 key features
  • Safer gambling6.0 Deposit limits, Time-out, Self-exclusion

Paid placement never changes a score. How we score

Features

Products

  • Casino: yes
  • Poker: yes

Betting

  • Live betting: yes
  • Cash out: yes
  • iOS app: yes
  • Android app: yes
  • Crypto payments: no

Safer gambling

  • Deposit limits: yes
  • Time-out: yes
  • Self-exclusion: yes

Not checked yet: Live casino, Esports, Virtual sports, Live streaming, Bet builder

Countries

Betfair takes players worldwide except in 41 countries:

Not available in these countries41

  • American Samoa
  • Brazil
  • Bulgaria
  • Canada
  • China
  • Cuba
  • Cyprus
  • Denmark
  • France
  • French Guiana
  • French Polynesia
  • French Southern Territories
  • Germany
  • Guadeloupe
  • Guam
  • Iran
  • Italy
  • Macao
  • Martinique
  • Mayotte
  • New Caledonia
  • New Zealand
  • Nigeria
  • North Korea
  • Northern Mariana Islands
  • Poland
  • Puerto Rico
  • Réunion
  • Saint Barthélemy
  • Saint Martin (French part)
  • Saint Pierre and Miquelon
  • Slovenia
  • South Sudan
  • Sudan
  • Syria
  • Taiwan
  • Türkiye
  • United States
  • United States Minor Outlying Islands
  • Virgin Islands, U.S.
  • Wallis and Futuna

Company and licences

Licences
UK Gambling Commission, Malta Gaming Authority, Dirección General de Ordenación del Juego (Spain), Oficiul Național pentru Jocuri de Noroc (Romania), Gambling Regulatory Authority of Ireland, Northern Territory Racing and Wagering Commission
Group
Flutter Entertainment
Platform
Betfair Exchange
Founded
2000

Sister bookies

Bookmakers with the same owner or the same betting platform as Betfair. Same platform often means the same odds and similar terms.

All Flutter Entertainment bookmakers · All Betfair Exchange bookmakers