The Betfair Exchange is a leading platform for peer-to-peer betting. Unlike traditional bookmakers where you bet against the house, Betfair Exchange allows you to bet against other users, often leading to better odds and a wider variety of betting opportunities. If you’re weighing up other options, make sure you read our reviews of Smarkets and Matchbook as well.
Betfair Exchange supports multiple deposit and withdrawal methods, ensuring ease of access for users. Popular options include:
Because users set the odds, Betfair Exchange often provides better odds than traditional bookmakers.
Betfair Exchange operates on a commission model, charging a percentage of net winnings:
Premium Charge: High-stakes bettors may be subject to additional fees, impacting long-term profitability.
Betfair Exchange is owned by Flutter Entertainment, which also operates:
Matched betting Consideration: Using both Betfair and Paddy Power could increase the risk of account restrictions (“gubbing”). Diversifying platforms is recommended and our gubbing prevention tips highlight the warning signs to watch.
Betfair Exchange is a top choice for Matched bettors, but spreading activity across multiple exchanges can help avoid restrictions. Our comparison of Smarkets vs Betfair digs deeper into why.
Betfair Exchange remains one of the best platforms for those seeking competitive odds and flexible betting options. Key takeaways:
For matched bettors, Betfair Exchange is an essential tool, but using additional platforms is advised to mitigate risks. Round out your exchange knowledge with pieces on how exchanges work and our guide to integrating them into matched betting.
Keep exploring matched betting with our value betting guide, dive into the matched betting tools roundup, and test ideas instantly in the Oddsmatcher tool.