Betfair Australia Best Features 2023
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Betfair is one of the giants in online bookmaking. They operate the world’s largest betting exchange and provide a wide array of sports to bet on, fantastic odds, and unique features. In this article, we will review their best features.
In case you want to register on Betfair, you can use the following link:
Please note Betfair referral and bonus code are not the same and does not grant any additional offers.
- What is the Betfair Betting Exchange?
- Betfair Login Australia: An Easy Process
- Same Game Multi-Feature on Betfair Australia
- Bet fair Australia In-Play Feature
- Betfair Cash Out Feature
- Betfair TV Guide & Betfair Video
- The Betfair Betting Podcast
- Betting Betfair in Australia
- Betfair App
- Final Thoughts for Betfair in Australia: Many Unique & Exciting Features
What is the Betfair Betting Exchange?
A betting exchange is a place where bettors can “buy and sell,” also known as “back and lay” odds. Unlike a traditional bookmaker who plays against the bettor, the betting exchange provides the platform on which players can bet against each other. This wat they don’t take any risk — an exchange profits by charging a small commission on winnings. Exchanges are becoming more popular every day because they offer more transparency and, in many cases, much better odds than bookies.
The main reason people prefer betting exchange instead of the traditional bookmaker is that they allow “lay” betting. Lay betting means betting that you bet your selected team or player to lose rather than win. So, the betting exchange mainly involves two bets, one backing the selection to win and the other the opposite. For example, if I want to place a bet on a team to win at odds of 10/1 (which means a return of £100), I would need another player to risk £100 at opposite odds (1/10).
Another pro that the exchange has over a traditional bookmaker is that they offer better prices. Bookmakers are known to take a fraction off the odds for themselves to make a profit and don’t provide the “real” odds.
Betfair Login Australia: An Easy Process
The registration on the site is very simple and straightforward. I did the following steps:
- Step 1: I visited the official Betfair Australia page. In the upper corner, I clicked on the yellow Join button.
- Step 2: A new window opened, and I had to fill in all of my personal data. This included my country of residence, first and last name, date of birth, email address, phone number, address, town, state or region, postal code, username, password, and last four digits of my social security number. In addition, I could choose the time zone, and four odds display; decimal, fractional, American, American/fractional.
- Step 3: I had to accept the Terms & Conditions and verify that I am over 18. I pressed the green Join Betfair.
So the betfair com aus login is an easy process as you can see!
Same Game Multi-Feature on Betfair Australia
With this new feature, customers can select more than two options and create a multiple for a single match. This feature exists in other bookmarking sites too. It is Betfair’s version of personalized betting (creating your multiple bets from several markets). This feature is becoming more popular every day. The idea behind it is to create more betting opportunities that are not generally available in traditional betting markets. Betfair automatically adjusts the odds for these types of bets because some of the markets might be related, and the combination of odds can’t work.
Bet fair Australia In-Play Feature
Not a new feature in the bookmaking world but very useful and accessible. Almost all bookies offer In-Play betting. An interesting historical fact is that Betfair’s early betting exchange was the precursor of today’s well known in-play betting. You might wonder why. Well, it’s because betting markets stayed open during events, and punters could trade their positions by backing or laying their selections. Betfair’s technology spearheaded in-play betting, and after that, other bookmakers followed suit. Today with this popular feature, you can bet on matches while watching them live. It is pretty cool.
Betfair offers in-play betting for many sports, including Football, Cricket, Basketball, Tennis, Badminton and of course the Betfair Horse Racing in-play which is one of the best in the market. If the event is big enough and it is broadcast on television, you will see it in the in-play schedule. The markets available for in-play matches are not as extensive as pre-game markets, but they are still satisfying. For example, some of the Betfair markets for in-play football are:
- Correct Score
- Number of Goals
- Next Team to Score
Considering Betfair’s sportsbook was created in addition to the biggest betting exchange in the world, the in-play interface of this bookie can’t be criticized. There are breaks in the in-play coverage, of course, but they are few and only reserved for significant events such as a goal in football, for example.
Betfair’s in-play page gives you access to:
- Today and Tomorrow’s In-Play events
- You can bet directly from the page
- Cash Out included
- In-Play multiples on Football and Tennis
- Filter by Live Video or TV Broadcast
Betfair Cash Out Feature
Betting on an exchange, you could undertake measures to limit your loss or make a profit despite the outcome of the match or race, etc. All bookmakers imitate this with the Cash Out feature. This feature allows you to “cut your losses” if, at any time, the odds change against the bet. Betfair gives you two options:
- Cash-Out the full bet
- Cash-Out a part of the bet
How to find if the Cash Out feature is available for my bet?
Many of you might be asking yourselves this question. It’s pretty simple if the feature is available for your current bet, a yellow Cash Out button will be visible. There is even a Cash-Out slider, which allows you to pick a particular amount for a Partial Cash Out. Another part of this feature is that you can Cash Out a single bet more than one time. Once you Cash Out your bet, the original stake plus the Cash Out amount will be returned to your balance. If there is a significant event like a goal, for example, the Cash Out process is suspended. Another good thing is that once you Cash Out, the funds appear in your balance immediately, which means you can use them to bet again.
Betfair TV Guide & Betfair Video
You can find this page on the official Betfair website. It is essentially a schedule of all current and upcoming matches in every sport that the bookie provides live feeds or betting. You can view the dates, times, competition, and where to watch it. If you can’t watch it with Betfair Live Video, there is always an alternative TV channel listed in the timetable.
A fantastic perk to this feature is that you can filter the results by categories like:
- TV Channel
- Popular Events
Betfair’s live-streaming service is among the best out there. You can enjoy many kinds of sports, such as football, snooker, tennis, Racing, etc. The bookie provides live streams of events 24/7. All streams are free, and the only requirement is for you to have an account with a positive balance. Just streams of Horse Racing or Greyhounds might require you to bet first. As mentioned above the Betfair horse racing in play, features and live streaming events are some of the best in the market. To watch the Betfair Horse Racing, you do need to bet a minimum of 50p or your currency equivalent on the exchange, and you will gain access to the live race. All streams are available on your computer, but if you would like to watch on your tablet or phone, you can if you download the Betfair App.
The Betfair Betting Podcast
Not many bookies have their podcast, but thankfully, Betfair is one of the ones that do. The podcast is available to listen on the following platforms:
- Apple Music
- Google Podcasts
Every day different hosts provide us with insights on different sports. Racing podcasts are available almost every day of the week. Other sports like the following only air on certain days:
- Tuesday – Cricket
- Wednesday – NFL
- Thursday – Football
Betting Betfair in Australia
If you have a Betfair account, then you have access to this special feature/service. Think of it as a service that provides insight, advice, and opinion about anything sports or betting related. You can find everything from articles about this month’s top football match to instructional videos about the exchange. There are both beginner guides and advanced guides, so even if you are not a newbie, you can still learn something new. These are just a few of the guide topics you can find at Betting Betfair:
- Asian Handicaps
- Basic Trading
- Back-to-lay & Lay-to-back
- Setting Your Odds
- Cash Out
- Placing a Multiple Bet
The Betfair App brings the exchange experience to the palm of your hand. Wherever you are as long as you have an internet connection, you can enjoy the Betfair Sportsbook, Exchange, Live Stream, and so much more. The iOS app you can find on the Apple App Store, and if you use an Android, you can download the app directly from the Betfair website. Some of the unique Betfair Exchange Mobile features are:
- Favorites/My Markets
- Price Graphs
- Full Market Depth
- Highlighted Odds
- Potential Profit
- SP Bet Option
Final Thoughts for Betfair in Australia: Many Unique & Exciting Features
Overall, Betfair, both mobile and desktop versions, has many unique and exciting features. Being the first and most extensive Betting Exchange in the world has its benefits. If you are a newbie in the betting world, there is a wide array of learning material you can benefit from in the form of podcasts, educational videos, and articles. If you are a pro punter, you will be amazed by their features and the vast array of markets and odds.