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Betfair Betting Exchange

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Enjoy a Free BlackBook service to follow your favourites and get an Email or SMS when they race!

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Note: All joining offers exclude SA, VIC, NSW and WA residents due to gaming regulations in each state.

Due to recent gambling regulation changes, NSW residents are ineligible to receive any money back offers from Australian bookmakers. Please ensure you read all terms and conditions.

betfair reviewBetfair is a Betting Exchange! Betfair operate differently than your normal bookmaker as they are a betting exchange, not a bookmaker, which means punters can back or lay their selections on how an event will pan out, against fellow punters around the world.

Betfair prices often equates to better value odds than a traditional bookmaker.

Why join Betfair for Horse Racing?

betfairBetfair allow you to Back and Lay your bets and pick your own odds, much like stockbrokers who buy and sell shares on the stock exchange.

One of the major benefits to the punter is winning bets are only charged around 5% or less commission and because every bet has a winner, it means Betfair doesn't require a high margin as most bookmakers do.

"In Play" betting on selected horse races at Betfair means you can either Back a horse or Lay off a horse during the running of a race.

Betfair also offer the best available odds for your bet, much more than the three Australian TABs, and you can sign up at Betfair for free to get fixed price odds on all races.

$500 Winners Bonus Offer at Betfair

Join Betfair right now and take advantage of an 'exclusive' Winners Bonus up to $500 during your first seven days of betting on the Exchange.

Here's how you get your $500 Winners Bonus at Betfair!

Profit 20% Bonus
AFL - $300 $60
Racing - $50 $10
AFL - $250 $50
Soccer - $300 $60
NFL - $70 $14
NRL - $800 $160
TOTAL PROFIT 20% Bonus up to $500

Betfair $500 Winners Bonus details secure betting

For a complete guide to how the Betfair Betting Exchange operates, please take the time to read our Betfair User Guide where we have a detailed explanation of how Betfair works.

Betfair free bet
(Terms & conditions apply - excludes SA, WA, NSW & VIC residents)

betfair special offer We 'highly recommend' Betfair for betting on horse racing!
Betfair allow you to Back, Lay or Trade your horse at the best odds available for your bet. Fixed price odds on all markets means you can pick and choose your price at will. It doesn't get much better than that for punters. Add a free mobile phone service for members and an account at Betfair just gets better.

Three reasons why you must have a Betfair betting account
#1 Back horses to win, Lay them to lose, or Trade to profit. It's your choice
#2 Better odds than the TAB plus $500 Winners Bonus when you join
#3 'In Play' betting allows you to place bets during the running of a live race

If that's not enough, then check out the wonderful free betting tool Betfair Racing Zone which is a punters best friend and at your disposal each and every day. Compare Betfair odds to the three Australian TABs instantly at Betfair Racing Zone and never take unders again.

Betfair or TAB?

betfair promotionsOne of the benefits of a Betfair account is the ability to pick and choose your odds on a variety of fixed priced markets. Placing bets against fellow punters for a small commission allows you to negotiate the best odds, unlike the TAB who take a set percentage from the total pool and punters get to share what's left. Betfair is a much better option for punters than the TAB.

Betfair or TAB?
Betfair regularly offer better odds than the best price available from the Australian TAB. If you bet on horse racing then you simply must have a Betfair account or you are losing money even when you win.

Check out the difference Betfair and the TAB on the below feature races held during the 2010 Melbourne spring racing carnival and you will see how much better the prices were in favour of Betfair compared to the TAB. Punters who continue to bet on the TAB are losing money even when they win, as can be evidenced below.

betfair better than tab

Visit our Betfair vs Tab page if you need further proof.

Betfair allows you to sign up for free to have a look around and you can join Betfair here using promo code FBR642 and be receiving the very best odds in a matter of minutes. There is no need to accept poor value from the TAB any more when you can get so much better!

Betfair Racing Bet Types

betfair racingBetfair puts the punter in control of his betting because he has the choice to back a horse to win or lay it to lose against fellow punters at fixed priced odds on every market. Betfair also has a Tote service which is aligned with TOTE Tasmania.

Betfair Back, Lay & Trade bet types
Backing a selection on Betfair is much like having a bet at the TAB except you are placing your bet against another person's opinion rather than placing it in the pool of a Tote. Fixed odds betting applies to all Betfair markets, unlike the TAB

Laying a selection means you backing the horse to lose rather than win and you are taking the opposite of a back bet. The amount of money you stakes is the backer’s amount you are prepared to accept at the desired odds, not the amount of money you’re prepared to risk.

Trading your selections at Betfair guarantees you a profit before a race has taken place. Prices constantly change on Betfair, which means you can guarantee a winning position by backing a selection at high odds, then laying it at low odds, or vice-versa.

Betfair in-Play Betting
In-Play Betting at Betfair allows punters the chance to snare those opportunities when the odds fluctuate rapidly during the course of a live event.

Horse Racing can be very unpredictable at times and clever punters can experience some top returns on investment with in-play betting.

Betfair Multiple Betting
Multiple Betting is available at Betfair, also known as accumulator betting, where you can combine a number of selections from different markets into one bet. Betfair allows multiples of between 2 and 8 legs. The odds are calculated by multiplying the odds for each leg together.

Betfair Tote
Betfair has a Tote service through its Primitively agreement with TOTE Tasmania and offers Win, Place, Quinella, Exacta, Double, Trifecta and Quadrella betting.

Tasmania is a member of the SuperTAB pool which combines bets from Tabcorp (Victoria), Racing and Wagering Western Australia, ACT Tab, and TOTE Tasmania.

Betfair Fair Price
Betfair launched Fair Price in August 2010 to its range of products on Australian racing markets.

What is Fair Price?
Fair Price comprises of two new individual product offerings: Fair Div and Fair Fluc.

Fair Div gives you the best odds among the three Australian totes for win, place and eachway bets while Fair Fluc pays the best of the broadcast odds from the on-course bookmakers.

Racing Zone at Betfair
One of the top benefits of having a Betfair account is you get access to their Racing Zone interactive tool for punters, where you can compare Betfair back & lay odds directly against the 3 Australian Tabs, to find the best price available at the time.

Racing Zone is an interactive tool that lets you customise the preferences so it is tailored to your personal needs. Racing Zone also provides race results, form guides, scratchings, search ability and more. Everything a punter needs at the click of a mouse.

Betfair certainly puts you in control of your betting and all punters should have an account at the world's biggest betting exchange to ensure the best odds when placing a bet.

Join the smart punters at Betfair
Horse Racing Info highly recommends an account at Betfair because you can back or lay your horses at the exact odds you want. Punting doesn't get much better than that!

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Click on the above banner to join Betfair today! Test drive Betfair for free here

Betfair Free Bets and Member Promotions

betfair winners bonus

How to get your get up to $500 in Winning Bonuses at Betfair.

1. Go to the Betfair landing page where you can open a new account.
2. Sign up and register a new betting account at Betfair.
3. Deposit funds and place bets over your first seven days.
4. Betfair will reward you with 20% Bonus on your winnings up to $500!

Profit Bonus
First 7 Days 20% up to $500

*Terms and conditions apply and this offer has state exclusions attached.

If you are not yet a Betfair member then you can join here today! Join Now

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About Betfair Betting Exchange

Betfair has over 1,000,000 million customers around the world and Betfair Australia is licensed in Tasmania with the centre of operations taking place in Hobart. It is a joint venture between Publishing and Broadcasting Limited and Betfair in the UK.

Betfair Australia is the only licensed betting exchange in this country and punters can receive better odds, greater choice of wagering, and more control over their online betting.

Bookmakers rely on a margin to make a long term profit, but Betfair allow you to be your own bookmaker without being affected by any bookmaker margins as your betting takes place directly against other punters and their opinions. This means value for the punter because prices on offer are traditionally higher than a conventional bookmaker.

Betfair is licensed in Hobart, Tasmania, and licensed and regulated by the Tasmanian Gaming Commission.

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You can deposit funds via Visa, Mastercard, BPay, NAB, Bank Transfer, Credit Union Transfer, Neteller, and Moneybookers.


Reasons to bet on Horse Racing with Betfair Online

  • You can choose your own odds on any racing event
  • You can BACK your horse to win, LAY it to lose or Trade for a guranteed profit
  • Over 1,000,000 customers worldwide waiting to match your bet 24/7
  • Greater variety and control over your betting experience
  • 'In-Play' betting. You are able to bet once the event has started
  • 'Trading' is available to lock in a profit on all possible outcomes
  • Betfair offers much better odds than the TAB which means bigger wins
  • Free Mobile Service to check markets and make bets from your phone



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