Betfair is the largest betting exchange in the world, offering a wide range of products including extensive sports and exotics betting markets, a large poker community, arcade games and a casino. Betfair processes more than five million transactions every day, has three million registered users and is offered in 17 different languages.
Betfair is one of the world’s largest international online sports betting providers. Betfair employs more than 2,000 people worldwide.Betfair holds gambling licences in Gibraltar, Malta, Italy, the United States and Tasmania. Betfair is committed to high standards of integrity and has agreed over 40 Memoranda of Understanding with sports governing bodies.
Betfair offers the Betting Exchange, other sports betting products, casino games and poker to its customers. The Betting Exchange takes a commission on the net winnings of a customer in a given market of between 2 and 5%. Betfair.com is offered in 17 different languages.
Betfair processes more than five million transactions every day, more than all European stock exchanges combined. 99.9% of transactions are completed in under a second. Betfair has more than three million registered customers. There are more than seven billion page views of Betfair.com every week.
Although the bulk of its customer base is in the UK, Betfair offers its services in a number of countries. Betfair has never accepted customers and/or credit card numbers from the United States, France and Hong Kong.
The maximum payout for major Soccer events and racing in Great Britain and Ireland is £1,000,000 and limits between £250,000 and £500,000 on most other events. The complete list of maximum payout limits is available at Ladbrokes.
Betfair currently offer betting in English, Spanish, Dutch, Italian, Danish, Swedish, Norwegian, Russian, Greek, Polish, Romanian, Czech, Hungarian, Slovenian and Chinese.
Betfair holds gambling licences in Gibraltar, Malta, Italy, the United States and Tasmania.
Betfair use their own software called Global Betting Exchange. They also use their own poker system called Betfair Poker Plus. Betfair casino is powered by Playtech software.