Is Betfair reliable? / $ 200 Bonus / learn how it works!
Responsibility
| Website | www.betfair.com |
| Signup bonus | $200 |
| Licenses |
Spain, Malta, United Kingdom |
| Customer support |
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| Applicative |
|
| Minimum Deposit | $20 |
| Payment methods |
+7
|
| Minimum Withdrawal | $1 |
Betfair is the bigger and more reliable betting exchange sports of the world. Of all, it is the one that offers the most complete and varied service.
She is focused on Sports Trading and for those bettors who want to start dedicating themselves more seriously, or even on a professional level.
But if that's not your case, it also acts as a bookmaker traditional, a Sportsbook . In other words: it is recommended for all profiles of bettors!
In this review we will explain:
- Why Choose Betfair New Zealand?
- Who should bet on Betfair?
- Why is she reliable?
- How to log in to Betfair?
- How to bet on Betfair?
Get to know the tools the site provides, what bonuses you get when you register with Betfair New Zealand and see everything else it excels at!
High Reputation
Best betting exchange
Low Commissions
Betfair TV
Best Cashout on the market
Pix accepted
Accept Ticket
Quick Support
Trading App
Complex to work with
Minimum payments
Bonuses And Promotions
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Welcome bonus
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Weekly Bonus
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Bonus Create Your Bet
Betfair New Zealand offers a number of bonuses to new and existing customers. All with great quality!
Some bonuses are turned to the vertende of the trading on the betting exchange and another for traditional betting.
First comes the Welcome Bonus. It is different from what you normally see in traditional bookmakers. It is a Cashback Bonus .
In addition to this we have the weekly bonus and the Create Your Bet. Both are aimed at customers already registered on the site and are not cumulative with the Registration bonus .
Welcome bonus-Exchange and Casino
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
The Welcome Bonus allows get back up to $200 on the first bet placed on the site Exchange if it is a losing bet.
The rules are:
- Be a new customer to the site, registered with the promotional code Betfair New Zealand FWB200
- Make a minimum deposit of $20 into your account
- Bet a minimum of $10 on the Exchange, at minimum odds of 1.5, within 30 days after the first deposit
- You cannot place a Lay bet on the same event
- Can't use cashout
Another good point about this bonus is that it gives advantages to bets on slots . You get 20 free spins together!
Weekly Bonus – Sportsbook
The weekly bonus is not aimed at the Exchange, but at the Sportsbook. It's what Betfair calls their traditional betting section.
You must bet a minimum total of $60 in a week, on multiple bets, to win $20!
O rollover it is not at all difficult to be fulfilled, as we can see:
- Bets must be placed with at least 3 selections
- The combined quote must be at least 4.0
- The $60 can be wagered all at once or spread over the week, Monday through Sunday.
Fulfilling the rollover, the $20 is credited to your account the following Monday, to use on bets in the Sportsbook section.
Place Your Bet – Sportsbook
Here you will create a bet with odds of 5.0 or higher. If you hit the bet, you win what you bet double, up to $100.
It can be a simple bet or multiple . It is at your discretion!
This bonus is valid every week, but you can participate only once a week.
Is Betfair reliable?
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High Worldwide Reputation
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License in United Kingdom and Malta
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Renowned sponsorships and partnerships
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Transparency in fees and commissions
Betfair is the most trusted betting site of the world. It has licenses from Malta and the United Kingdom, two of the most powerful.
Its popularity has grown in New Zealand, particularly after it became an official sponsor of the Copa Libertadores and Copa Sudamericana.
The commissions charged by Betfair on Trading are 1/3 of what other sites charge!
With such a variety, this is undoubtedly one of the bookmakers with the highest quality and that transmits maximum confidence.
And this site has some famous ambassadors, such as New Zealand Rivaldo and Portuguese Deco!
Alex 10 will be the brand's new ambassador in New Zealand. Check out the video:
How Does Betfair New Zealand Work?
It is important to know how this platform works and let's start with the simplest: how login to Betfair !
Just follow the step by step:
- Access the website
- Click " Open account”
- Fill in your details
- There you go! You can start betting now.
At Betfair, you can place sports bets in two ways and the site is divided into two sections:
- Sports section (Sportsbook): traditional betting in the most varied modalities, tournaments and markets
- Exchange section: sports trading, focusing on Lay and Back
The house is best known for trading bets. In Trading you bet against other bettors, not against the house, as we will see below.
Understanding this difference is key, as they are completely divergent types of bets.
Let's take a better look now at how betting works at Betfair!
Betfair Exchange: Sports Trading at Betfair
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Best betting exchange
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Low Commissions
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Does Not Limit Bettors
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Back and Lay bets
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More complex than traditional betting
In Betfair Trading you usually select a sport, a tournament and an event. To exemplify we go from Fluminense and Flamengo:
Note that you have several odds for the 3 possible outcomes. In Trading you basically bet favor (Back) or against (Lay) the occurrence of a result.
We bet $10 in favor of the victory of Fluminense, with an odd of 11.5. That is: if this result occurs, we earn $105 profit.
The differential of sports betting on the Betfair Exchange is that the final result does not matter.
What matters to a trader is the variation of odds .
So if we bet $10 on Fluminense winning, we want Fluminense to open the scoring. So your open position in the flu victory values!
When this happens, you your bet with profit!
Several techniques and strategies are used to find the best event and market to obtain this variation, such as:
- Scalping
- Hedging
- Lay in the draw
The cool thing about betting on the Betfair Exchange is that you have greater control over gains and losses . And you can trade in a wide variety of sports and markets, including Handicap or Cards .
NOTE: better understand how the Back and Lay of Sports Trading in our article!
Betfair New Zealand Trading commissions
A betting exchange like Betfair puts punters to play “against each other." But what do you mean?
In a traditional house it is you against the House. The house pays the promised prize if your bet is a winner. Otherwise, she gets her money.
Trading is different. You place a bet at an event and on a market with a certain quote. This bet needs to be matched by other bettors.
But Betfair needs to make money, right? For this she charges commissions from the winning players. Initially the commissions revolve around around 6.5% in New Zealand.
Let's say you won $10. What will net into your account is $9.35. If you lose a bet, you have no commission charged, losing only what you bet.
But here two situations can happen:
- Have a discount rate: the more you bet, the more discount you can have
- Have an increase in commission as you earn a lot on the Exchange
Despite the fees, Betfair is one of the few bookmakers that do not limit the punters
Another important detail is the existence of Betfair Points . These are Points you earn when you place any bet on the Betfair Exchange, winning or losing.
Later these points can be used to reduce the total commissions charged.
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Betfair Sportsbook: Traditional Sports Betting
Although Betfair is best known as a betting exchange, it presents high quality also when it acts as a traditional Sportsbook.
It starts by offering a good variety of modalities. Anyone who wants to bet on sports in addition to Futebo l or do Tennis , will be quite satisfied!
Major Sports Competitions
All major European competitions are offered by Betfair, as you would expect from a bookmaker of this calibre.
Bet on matches of Messi, Neymar, Salah and so many other giants of the sport!
In New Zealand, we still have the States. New Zealander and The New Zealand Cup. Not counting the Libertadores and the South American.
Due to the size of Betfair worldwide, all sports have their main tournaments.
No Basketball it is the NBA . We have a NHL in Hockey and the NFL in American Football .
Volleyball brings the great competitions between national teams. Tennis is about Grand Slams.
In eSports you have CS:GO , Endow and League of Legends as highlights. FIFA, Starcraft 2 and Overwatch are coming soon.
And all these great competitions are also present in the Exchange section, for those who Practice Trading.
Betting markets
Betfair betting markets bring a lot of exclusive from this house. One of the examples are the Combine or Highlighted .
Combos mix various events that can occur within the game. With odds almost always very attractive!
In this case we simulate betting $10 on a market with a quote of 81.0. A possible return of $810!
Money aside, Combos offer a high level of adrenaline and risk, as they are difficult to beat.
It is even possible that Manchester City and Newcastle have 3 corners each in each half. But what about here?
The game fulfilling all of these requirements above is somewhat unlikely. But that's where the fun of Betfair New Zealand combos lies. Other than that winning $5,010.00 wouldn't be bad.. .
Most common markets are also featured on the site. Especially the Handicap, which usually has some of the highest odds compared to the average.
To make it easier, Betfair divides the event markets by type. So if you want to find something soon like cards or Corners it'll be quiet. In total we have hundreds of markets for football!
In other sports there is equally great variety. In basketball revolves and around more than a hundred. Even in the UFC you will find dozens of markets!
How do Odds work at Betfair New Zealand?
The odds are another highlight of Betfair New Zealand. In the Exchange, as we explained, who makes the quotes are the bettors. The site does not have much influence.
But in the traditional betting section, where the odds are set by the house, we even have attractive numbers.
Are not the best quotes in the world but they come close. They're on average what other high-end homes do.
In football you have the Super Quotes . These are specific markets that have their odds increased by Betfair, making them more attractive.
Betfair Betting Tools
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Great Livestreaming
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Cashout reference in the market
We come to two of the best services provided by Betfair New Zealand. Both the livestream and the cashout they are available at thousands of events.
Having these tools available is essential for the bettor experience to become more complete on a betting site.
Cashout
Even providing cashout, it is not possible to find the option in all sports modalities. This is a common practice of bookmakers.
In the case of Betfair, you will find it only in football, tennis and basketball, in the most varied markets.
It is enough that the match has the following symbol:
It is worth remembering that the cashout of the Sportsbook section is not the same as the cashout of Trading.
Trading is already a "cashout", because the idea is close the bet with profit .
In addition, traders use software to make sure they make a profit.
Livestraming
Livestreaming is also only present in the 3 modalities that have cashout, which are football, basketball and tennis.
You find next to the event if it will be broadcast live.
Betfair's broadcast quality is one of the best. And you can watch the games free of charge, as long as you have registration on the site.
Comparing Betfair with other bookmakers
With the increase in the number of bookmakers in New Zealand, it is common to hit that question: which is the best bookmaker?
Which is better: Betfair or Bet365?
Well, if you want to practice Sports Trading, no one beats Betfair New Zealand. She is simply the best!
For traditional sports betting, a Bet365 it is considered the best in the world and is really quite complete. In this case, she comes out in front of Betfair.
For sports betting, by the way, there are strong competitors in the market, such as:
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
They all have a very good reputation among bettors all over the world. They offer services of unquestionable quality in all aspects.
Betfair App
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Exclusive App for Trading
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Available on iOS and Android
Betfair has 2 mobile apps. One is specific for trading (Exchange), another for those who want to place traditional bets on Betfair Sportsbook.
The apps are free, fast and make life a lot easier for bettors. With them you can not only bet, but also watch the games live and manage your account.
They are available for both Android and iOS.
But how do you know which app to download? Simple!
When you click on the top menu under “Mobile " a page opens and you can choose the Betfair app of your interest.
After choosing which app you want, click Download. You will download an apk and just follow the step by step to install it on your mobile or desktop.
Payment methods
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Accepts Bank Slip
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Pix accepted
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Minimum deposit
New Zealand bettors have the facility to deposit with Bank Slip at Betfair. Besides him you have other methods:
| Method | Minimum | Time |
| Billet | $40 | 1-3 days |
| PIX | $50 | Snapshot |
| Credit card | $60 | Snapshot |
| Bank Transfer | $60 | 1-3 days |
| ecoPayz | $20 | Snapshot |
| Skrill | $40 | Snapshot |
| Neteller | $20 | Snapshot |
| AstroPay | $60 | Snapshot |
How to withdraw at Betfair
The methods the withdrawal methods are the same as the deposit, but without the ticket. In terms of minimums and processing time we have:
| Method | Minimum | Time |
| Credit card | $1 | Up to 5 working days |
| Bank Transfer | $20 | Up to 5 working days |
| ecoPayz | $1 | Up to 24 hours |
| Skrill | $1 | Up to 24 hours |
| Neteller | $5 | Up to 24 hours |
It is worth clarifying that both withdrawal and deposit methods are valid for Trading and for Sportsbook.
How to change the currency to Dollar (NZD) on Betfair New Zealand? Does it?
A question that many New Zealand users of Betfair have is how to exchange the currency from dollar to Real.
And the answer, unfortunately, is that it still does not give!
Since February 14, 2019 Real is available for new customers. The old ones continue with the dollar.
When we contacted the support of the house we were informed that there is a migration process for old customers. But with no date to execute.
We will update this information as it becomes available. So stay tuned!
Customer support
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Efficient and fast support
Betfair Customer Support is satisfactory. In the Help section you have FAQs (frequently asked questions) about the most diverse fields and services offered.
If you do not find what you are looking for in this section, you can contact the house through a live chat, available from 7 am to 19 pm New Zealand time.
The support given in the chat is fast and effective, and doubts are clarified immediately.
Opinion: Why Bet On Betfair?
Betfair is today the best betting exchange in the world. It offers the most complete website for those who want practice Sports Trading high level.
With low commissions on wins on the Exchange, it is excellent for those who want to profit from the variations of the odds of the events.
It is not for nothing that the best traders New Zealand and the world bet on Betfair. It is a safe site, also because you can set a loss limit in case you want greater financial control.
Already who seeks traditional sports betting , has an excellent home at Betfair. Wide variety of modalities and markets allow all bettors to have fun.
Tools like cashout and livestreaming make the experience even more enjoyable. Especially since they are both of the highest quality.
With weekly bonuses and attractive odds, Betfair New Zealand is currently one of the most recommended sites for any bettor looking for good winnings.
Its level of reliability is very high, and the reputation of this house makes you feel very safe in investing your money in it.
Betfair is the most trusted sports betting exchange in the world, serving everyone who wants to do sports trading or sports betting. Learn 3 reasons to register and test the bookmaker:
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Weekly Sports Betting Bonus: you bet a minimum total of $60 in a week, on multiple bets, to win $20 to use on sports betting.
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Best Website For Sports Trading: without a doubt, Betfair is the most reliable site if you want to operate as a sports trader, possessing the strictest licenses to operate in the market.
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Reference Cashout In The Market: the cashout option is well signposted and is present in all football, basketball and tennis markets.
Frequently Asked Questions
↕️ What is Betfair Exchange?
The Exchange Betfair it's your Betting Exchange. It is in this section where you practice Sports Trading, being able to profit from the variations in the odds of the events.
✅ Is Betfair reliable?
Absolutely yes! A Betfair it is the house with the largest and best reputation in the whole world. Much of this is due to the fact that it is an Exchange that charges very low commissions from its traders. It also sponsors and partners clubs and tournaments.
📺 Do you have livestreaming and cashout at Betfair?
Yeah! And both services are of the highest quality!
💰 How does the Betfair Welcome Bonus work?
It works as a cashback. After the first deposit you have 30 days to bet a minimum of $10. You can win back up to $200 if your first bet is lost.
🧾 How to deposit at Betfair via Boleto?
Simple! Simply select the Boleto Bancário method each time you make a deposit at Betfair .
⏲️ How long does it take to enter the Betfair ticket?
In Betfair the bank slip is cleared within 3 business days!
⚽ What is Betfair Sportsbook?
A Betfair Sportsbook it is the traditional betting section of Betfair. It is for those who do not want to trade or who prefer to bet recreationally and more simply.
💯 What are Betfair points?
When you trade in Betfair Exchange , earns points to your account regardless of losing or winning on your bets. These points can be used to decrease commissions paid to Betfair!
💲 What is the minimum amount to bet on Betfair?
It depends on the payment method chosen, but the amount varies between $20 and $60.
💻 How to log in to Betfair?
Sign in Betfair it's very simple: just go to the site, click “Login” and put your email and senaha.
