Opening an account at Betfair is quick and easy, and it's also free! Once you have registered with Betfair and your identity has been verified, you can deposit & , withdraw funds and, most importantly, start betting in no time at all.
Getting Started
Click on the 'Join Betfair Now' link or any of the Betfair Banners on this page to be taken to the Betfair joining page (as shown below)
Fill in Your Details
Fill in your personal details (as shown below) such as your name, date of birth, contact number, valid email address, and home address further down the page.
Choose Your Account Details
Scroll down the page and choose a username and password for your Betfair account. You also need to answer some security questions. Click Open Account at the bottom of the page once you have completed all your details and agreed to the Betfair terms and conditions and privacy policy to submit your betting account application.
A new screen will then appear to inform you your Betfair application has been successful and your account is now active. Click Continue at the bottom of the page
Funding a Betfair Account
It is not essential to deposit funds into your account on registration, but to start betting immediately you will need to credit your account using one of the payment methods available to you.
Betfair offer a number of payment methods for the convenience
of Australian users.
Click on ‘My Account’ at the top left hand corner of the Betfair homepage after registering your new account.
Click on ‘Deposit Funds into Betfair' to be taken to payment method page.
Deposit funds
After selecting your method of payment, you must fill in your relevant details. For example, if you choose to pay by credit card, you should provide your card details, select an amount to deposit (minimum of $30), then give your login password. Finally, click Next at the bottom of the page.
Confirm your details
On the new screen, confirm your card details and the amount of money you wish to deposit by clicking Next at the bottom of the page. You then automatically return to the Betfair homepage, where you are logged in and can start betting.
Placing a Bet at Betfair
Now that your account has been setup you are ready to start taking advantage of all that Betfair has to offer. Continue on to our Backing a Selection page to learn how to place a bet from your new account at Betfair.
Verify Your Identity
For regulatory reasons, withdrawals cannot be processed and you cannot transfer more than approximately $500 AUD (or the equivalent in the currency on your account) per month to your Australian wallet until your identity has been verified.
Once you have opened your account, you will receive an email with a Betfair Verification form, which you must complete and take to any Australia Post Office or authorized Betfair Verification Agent, together with identification documents listed in the form within 90 days.
Verification can take up to 24 hours and is free of charge. If your account has not been verified within 90 days, it will be suspended until the identity verification process is completed.
Backing a Selection at Betfair
Now that you have opened your new Betfair account it is time to start having a bet at the world's biggest betting exchange. To find out how you can be backing a winner at great odds in no time, then please visit our Backing a Selection page where it is explained for you.
Check out our Understanding Betfair Terms page for a quick Betfair glossary.
Don't have a Betfair Account?
Betfair odds average around 20% better than the 3 Australian TABs, and if you continue to bet at your local tote then you are losing money on every bet, by accepting poor value.
With over a million customers around the world Betfair is fast becoming the number one choice for serious punters, and if you are betting at your local TAB and don't have a Betfair account, then you are losing money and taking poor value. Join Betfair for free today!
