Betfair
Betfair Exchange - UK's Largest Betting Exchange
Betfair Exchange is the UK's largest peer-to-peer betting exchange, with unmatched liquidity on racing and football and a deep third-party tools ecosystem.
By Rob1 min read
- Type
- Peer-to-peer betting exchange (plus separate Sportsbook, Casino, Poker)
- Standard commission
- 5% on net market winnings (most markets)
- Reduced commission
- 2% on selected horse racing markets
- Premium charge
- 20% to 60% surcharge on highly profitable accounts (lifetime profit threshold)
- Founded
- 2000
- Headquarters
- Dublin, Ireland (operations in London)
- Parent company
- Flutter Entertainment plc
- Regulator
- UK Gambling Commission (licence 39439)
- Liquidity strength
- Market leader - deepest book in UK racing and football, especially in-play
- Mobile apps
- Native iOS and Android apps for both Exchange and Sportsbook
- API access
- Yes - public Exchange API (developer registration required, free)
- Third-party software
- Extensive ecosystem - Bet Angel, Geeks Toy, Trader Mate, Cymatic Trader and others
- Min stake
- £2 on the exchange
- Deposits
- UK debit card, bank transfer, PayPal, Apple Pay (free)
- Withdrawals
- PayPal typically same day; UK debit card and bank transfer 24 to 72 hours