BFX

Betfair Review

Back and lay — the smarter way to bet

Reviewed by Srini, former UK bookmaking industry · Updated 1 August 2026

★★★★★4.7/5
All sportsHorse RacingFootballTennis
Visit Betfair ↗

Key Facts

Founded2000
Min. Deposit£10
Mobile App✓ iOS & Android
Our Rating4.7/5
Known forExchange Betting
LicenceUK Gambling Commission

About Betfair

Betfair pioneered the betting exchange model in 2000, allowing customers to set their own odds and bet against each other. The Exchange often delivers better prices than traditional bookmakers, making it a favourite among professional and value-seeking bettors.

✓ Pros

  • ✓Exchange model means better odds than traditional bookmakers
  • ✓Ability to lay bets (bet against outcomes)
  • ✓No account restrictions on the exchange
  • ✓Deep markets on horse racing and football
  • ✓Betfair Sportsbook available alongside exchange

✗ Cons

  • ✗Commission charged on winning exchange bets (typically 5%)
  • ✗Exchange interface can be complex for beginners
  • ✗Lower liquidity on niche markets

How competitive are Betfair’s odds?

Across the 9 Premier League matches Betfair is pricing right now, its median margin is 4.81% — the tightest of the 18 UK bookmakers in the same markets. It held the best available price on 30% of outcomes.

Measured live on Premier League match odds, the same market for every review so the rankings are comparable — a snapshot, not a season. Sample sizes are small and rankings move between rounds. Margin is how far a book's prices add up beyond a fair 100%; it is the bookmaker's built-in edge, not a prediction about any individual bet. Betting exchanges are excluded, and only bookmakers quoting the same set of outcomes are compared.

Current Odds on Betfair

Live events where Betfair is pricing, shown alongside the other UK bookmakers we compare.

Ipswich vs Liverpool
Fri 4 Sept, 20:00
If I bet
£
Ipswich
Draw
Liverpool
Sky Bet
9/2£27.507/2£22.501/2£7.50
Paddy Power
9/2£27.507/2£22.501/2£7.50
William Hill
4/1£25.0018/5£23.001/2£7.50
Unibet
9/2£27.5015/4£23.7513/25£7.60
Ladbrokes
19/5£24.0017/5£22.00BEST8/15£7.65
Coral
19/5£24.0017/5£22.00BEST8/15£7.65
Bet Victor
19/4£28.7518/5£23.001/2£7.50
888sport
4/1£25.0018/5£23.001/2£7.50
BoyleSports
4/1£25.007/2£22.50BEST8/15£7.65
Betway
17/4£26.2515/4£23.751/2£7.50
LeoVegas
17/4£26.2537/10£23.5013/25£7.60
Betfred
BEST5/1£30.0018/5£23.001/2£7.50
BFS
9/2£27.5015/4£23.75BEST8/15£7.65
Casumo
24/5£29.00BEST39/10£24.5012/25£7.40
Grosvenor
9/2£27.507/2£22.501/2£7.50
LiveScore Bet
9/2£27.5018/5£23.0043/100£7.15
Virgin Bet
23/5£28.0037/10£23.5023/50£7.30
Betano
19/4£28.7518/5£23.001/2£7.50
18 bookmakers
Newcastle vs Bournemouth
Sat 5 Sept, 12:30
If I bet
£
Newcastle
Draw
Bournemouth
Sky Bet
21/20£10.255/2£17.5023/10£16.50
Paddy Power
21/20£10.2513/5£18.0023/10£16.50
William Hill
11/10£10.5013/5£18.0011/5£16.00
Unibet
23/20£10.7513/5£18.0023/10£16.50
Ladbrokes
11/10£10.5013/5£18.002/1£15.00
Coral
11/10£10.5013/5£18.002/1£15.00
Bet Victor
11/10£10.50BEST14/5£19.0011/5£16.00
888sport
11/10£10.505/2£17.5011/5£16.00
BoyleSports
11/10£10.5013/5£18.0023/10£16.50
Betway
21/20£10.2513/5£18.0011/5£16.00
LeoVegas
23/20£10.7513/5£18.0043/20£15.75
Betfred
23/20£10.7511/4£18.7521/10£15.50
BFS
11/10£10.5027/10£18.50BEST12/5£17.00
Casumo
BEST29/25£10.8027/10£18.5043/20£15.75
Grosvenor
BEST29/25£10.8027/10£18.5043/20£15.75
LiveScore Bet
11/10£10.5051/20£17.752/1£15.00
Virgin Bet
11/10£10.5051/20£17.752/1£15.00
Betano
11/10£10.50BEST14/5£19.0011/5£16.00
18 bookmakers
Brentford vs Sunderland
Sat 5 Sept, 15:00
If I bet
£
Brentford
Draw
Sunderland
Sky Bet
8/13£8.1014/5£19.0017/4£26.25
Paddy Power
8/13£8.1014/5£19.00BEST9/2£27.50
William Hill
13/20£8.2514/5£19.004/1£25.00
Unibet
13/20£8.2529/10£19.5017/4£26.25
Ladbrokes
4/7£7.8514/5£19.004/1£25.00
Coral
4/7£7.8514/5£19.004/1£25.00
Bet Victor
61/100£8.05BEST3/1£20.0017/4£26.25
888sport
13/20£8.2514/5£19.004/1£25.00
BoyleSports
8/13£8.1014/5£19.004/1£25.00
Betway
13/20£8.2514/5£19.004/1£25.00
LeoVegas
16/25£8.2029/10£19.5021/5£26.00
Betfred
8/13£8.10BEST3/1£20.00BEST9/2£27.50
BFS
13/20£8.2529/10£19.50BEST9/2£27.50
Casumo
BEST4/6£8.3511/4£18.7543/10£26.50
Grosvenor
BEST4/6£8.3511/4£18.7543/10£26.50
LiveScore Bet
63/100£8.1551/20£17.754/1£25.00
Virgin Bet
16/25£8.2051/20£17.754/1£25.00
Betano
61/100£8.05BEST3/1£20.0017/4£26.25
18 bookmakers
Brighton vs Leeds
Sat 5 Sept, 15:00
If I bet
£
Brighton
Draw
Leeds
Sky Bet
19/20£9.7512/5£17.0011/4£18.75
Paddy Power
19/20£9.755/2£17.5011/4£18.75
William Hill
19/20£9.7512/5£17.0027/10£18.50
Unibet
BEST1/1£10.005/2£17.5014/5£19.00
Ladbrokes
19/20£9.7512/5£17.0013/5£18.00
Coral
19/20£9.7512/5£17.0013/5£18.00
Bet Victor
19/20£9.75BEST13/5£18.0011/4£18.75
888sport
19/20£9.7512/5£17.0027/10£18.50
BoyleSports
10/11£9.555/2£17.5011/4£18.75
Betway
19/20£9.755/2£17.505/2£17.50
LeoVegas
19/20£9.755/2£17.5014/5£19.00
Betfred
19/20£9.75BEST13/5£18.0011/4£18.75
BFS
19/20£9.755/2£17.5029/10£19.50
Casumo
23/25£9.6049/20£17.25BEST31/10£20.50
Grosvenor
23/25£9.6049/20£17.25BEST31/10£20.50
LiveScore Bet
87/100£9.3523/10£16.5059/20£19.75
Virgin Bet
87/100£9.3523/10£16.5059/20£19.75
Betano
19/20£9.75BEST13/5£18.0011/4£18.75
18 bookmakers
Man City vs Coventry
Sat 5 Sept, 15:00
If I bet
£
Man City
Draw
Coventry
Sky Bet
1/7£5.7013/2£37.5012/1£65.00
Paddy Power
1/7£5.707/1£40.0014/1£75.00
William Hill
BEST2/11£5.9013/2£37.5012/1£65.00
Unibet
1/6£5.8513/2£37.5013/1£70.00
Ladbrokes
BEST2/11£5.906/1£35.0010/1£55.00
Coral
BEST2/11£5.906/1£35.0010/1£55.00
Bet Victor
3/20£5.757/1£40.0014/1£75.00
888sport
BEST2/11£5.906/1£35.0012/1£65.00
BoyleSports
1/6£5.8513/2£37.5014/1£75.00
Betway
1/6£5.857/1£40.0012/1£65.00
LeoVegas
BEST2/11£5.9013/2£37.5011/1£60.00
Betfred
1/6£5.8513/2£37.5014/1£75.00
BFS
3/20£5.75BEST15/2£42.50BEST15/1£80.00
Casumo
3/20£5.75BEST15/2£42.50BEST15/1£80.00
Grosvenor
3/20£5.75BEST15/2£42.50BEST15/1£80.00
LiveScore Bet
2/15£5.657/1£40.0014/1£75.00
Virgin Bet
2/15£5.657/1£40.0014/1£75.00
Betano
3/20£5.757/1£40.0014/1£75.00
18 bookmakers
Fulham vs Crystal Palace
Sat 5 Sept, 15:00
If I bet
£
Fulham
Draw
Crystal Palace
Sky Bet
5/4£11.259/4£16.2521/10£15.50
Paddy Power
5/4£11.2523/10£16.5021/10£15.50
William Hill
5/4£11.2523/10£16.502/1£15.00
Unibet
BEST27/20£11.7523/10£16.5021/10£15.50
Ladbrokes
5/4£11.2511/5£16.002/1£15.00
Coral
5/4£11.2511/5£16.002/1£15.00
Bet Victor
13/10£11.50BEST5/2£17.502/1£15.00
888sport
5/4£11.2523/10£16.502/1£15.00
BoyleSports
5/4£11.2523/10£16.502/1£15.00
Betway
5/4£11.2523/10£16.502/1£15.00
LeoVegas
13/10£11.5047/20£16.7541/20£15.25
Betfred
13/10£11.50BEST5/2£17.502/1£15.00
BFS
13/10£11.5012/5£17.00BEST11/5£16.00
Casumo
33/25£11.6012/5£17.0021/10£15.50
Grosvenor
33/25£11.6012/5£17.0021/10£15.50
LiveScore Bet
5/4£11.259/4£16.252/1£15.00
Virgin Bet
5/4£11.259/4£16.252/1£15.00
Betano
13/10£11.50BEST5/2£17.502/1£15.00
18 bookmakers
View all live odds →

Betfair — FAQs

What is a betting exchange?+

A betting exchange lets you bet against other punters rather than the bookmaker. You can back (bet for something to happen) or lay (bet against it). Betfair takes a small commission on winnings.

Are Betfair odds better than traditional bookmakers?+

Often yes, particularly on major markets. Because prices are set by the market rather than a bookmaker's margin, exchange odds are frequently superior — especially on popular horse racing and football events.

Does Betfair have the best odds?+

Not on everything — no bookmaker does. Across the 9 Premier League matches Betfair is pricing right now, it held the best available price on 30% of outcomes, with a median margin of 4.81% — the tightest of the 18 UK bookmakers compared. That is why comparing per bet beats loyalty to one account.

Ready to bet with Betfair?

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Visit Betfair ↗

See how Betfair ranks in our best UK betting sites list, or learn how to always get the best price.

See how Betfair compares: vs Paddy Power

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