Betfair is the world’s largest internet betting exchange there is. It is one of the more recent bookmakers, forming at the turn of the 2000s by Andrew Black, and it was not until 2012 that fixed-odds betting was introduced to appeal to a wider audience. The company came together with Paddy Power in early 2016, and currently employ close to 2,000 people across the globe.
Deposit & Withdrawals
The typical shindig applies to Betfair when it comes to depositing and withdrawals, including Debit/Credit cards, but also bank transfer and PayPal. The latter aforementioned two will usually have your money withdrawn within a day, though the former can be as a long as a week so be prepared to wait. Deposit limits can be set for safe betting, as well as the clever loss limits too. The minimum deposit is a little above the usual £5, as it sits at £10, though you can withdraw any amount when it comes to Debit/Credit cards.
Betfair offers an extensive range of customer service expected these days with online betting companies. The help button is located at the top left of the page, leading to a detailed FAQ. Their social media links are compiled on the right, with live chat, telephone and email all options under the ‘Contact us’ tab. 24/7, 365 days a year too. Live chat is the usual method of choice for people with Betfair, usually due to its ease of access, compared to the telephone.
For customers in the UK, Betfair licensed and regulated by the Gambling Commission.