Betfair Online Casino Review

Betfair Online Casino Review

Published: Aug 27, 2020 Updated: Jul 31, 2022
bonus

$100

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CASF51

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Pros

+Multi-language customer support available 24/7
+Free spins in welcome bonus

Cons

Only few payout options available
Withdrawal pending periods are long

Deposit methods

Betfair is a British publicly traded online betting exchange, arguably the largest on the planet. They run wagering sportsbooks, online poker, online bingo, and online casino. Founded in 1999, it has only recently entered the US market due to legal restrictions.

After their entrance, they became a top-favored site among American online gamblers. Our team of professional gamblers was waiting for this casino to come to the American market because it brought some old-fashioned style to us. The Black and orange design impresses with its brevity. In this review, we listed Betfair games, bonuses, and discussed banking methods.

Table of Content

    online casino appIn 2013, Chris Christie, the governor of New Jersey, signed a bill that permitted Internet gambling. Before that, for over a century New Jersey was extremely tight on any form of gambling, so the first chance to enter the market was in 2013. Table games and slot games which were previously only available in physical locations in New Jersey became available for people who do not want to visit physical casinos and prefer to enjoy the comfort of their house, their cars, or any location they want. That is, of course, if they are located in the state of NJ, as the New Jersey Division of Gaming Enforcement, the legislative body, demands.

    This Betfair Online casino review aims to show how good it is compared to the competition and what makes it a worthy choice when one faces multiple options.

    States Where Betfair Online Casino Is Legit

    Betfair online casino offers licensed services in the state of New Jersey, as ruled by the Division of Gaming Enforcement. This governmental body is responsible for issuing licenses to companies that wish to operate in the online gambling business. The Professional and Amateur Sports Protection Act (PASPA) has been overturned in 2018 to deem the federal ban on gambling unconstitutional. In short, states now decide whether they want to legalize gambling or not. Wagering regulations are more liberal, whereas online casino games are regulated much more rigorously. This is why Betfair online casino is legal in only one state of the US.

    Betfair plans on expanding to other states, and Indiana, Iowa, Pennsylvania, and New York are the closest expansion candidates. These states have been becoming less restrictive in terms of gambling (particularly online gambling), realizing how much money their budgets gain from gambling and how many people stop gambling illegally. Chances are, each state will have unique restrictions, but some of them are typical for each state:

    • The player has to be 21 years old
    • Be physically located in the state where the casino is licensed

    Registering at Betfair Online Casino

    Registering on this site is an easy task. All you need to do is:

    1. Go to the official page.
    2. Find the black “Join Now” button at the top right. Click on it.
    3. Your page will be redirected to a registration page, where you are required to fill in some information such as your personal data and contact details, a password, and log in.Betfair Registration Process
    4. Voilà! You have registered.

    However, before submitting your answers, read “The Terms And Conditions” section carefully. 

    Trustworthiness of Betfair Online Casino

    Betfair Online Casino has a long history of legal operation in Great Britain and Europe. Only recently this online casino entered the market, but its high standards in security are highly known in the online gambling world.

    Top Betfair Online Casino Games

    Betfair online casino offers slot games, table games, live dealer games, and jackpots.

    online casino app

    • Slot games are represented by 5-10 liners, 15-20 liners, and 25+ liners. The choice of various themes and variations is vast, with 100+ slot games available for players to choose from. We highly recommend trying Big Circus!, Book of Dragon, Big Fishing, Muerto en Mictlan.
    • Table game collection is vast as well, offering Blackjack and Roulette as the classic table games, Fortune Pai Gow, Jacks or Better, and 43 more games.
    • Live dealers are available too for those who want to have experience similar to that of physical casinos. Live Roulette, live Blackjack, Hold’em, Three card poker, and live baccarat are the types of live dealer games you can play.

    Best Betfair Software

    The software Betfair uses can be divided into web frontend, backend, and phone apps. The backend is where it gets interesting. One can never know what algorithms are working behind the curtain, especially when it comes to casinos. Betfair claims to be using Truly random number generators that are based on noise produced by natural phenomena (atmosphere noise, fluctuations of air pressure, etc.). So far, nobody has managed to reverse-engineer such random generators, so if they truly use them as the determiner of victory, the system must be fair. That is correct if they truly do that, which cannot be known by anyone but Betfair programmers.

    Betfair Mobile App Review 

    The frontend of the website is a standard website with dynamic elements of roulettes and other virtual elements of a casino. It is optimized fairly well, and most devices on the planet are able to correctly run every function offered by the website. Android smartphones, iOS devices, PCs (Windows, Linux), tablets, and other devices will run this as long as they are capable of displaying dynamic web pages at all.

    online pokerYou can download the Betfair mobile app for Apple iOS and  Android. If you are not using public WiFi networks and do not use jailbreak on your phone/tablet, you should be safe using it. To start, visit the mobile version of the site and you will be offered to download an app by the website itself through a link to its page on App Store for iOS. Alternatively, you can visit App Store and download through the search tool of the store (search “Betfair casino app NJ”) or Play Market to download the app for Android.

    The functions of the app are the same as the website, so people who play using the mobile app have no advantages or disadvantages. When you download the app, let it use your geographical location to let Betfair prove you are located in New Jersey, otherwise the app will not work.

    The interface of the app is extremely similar to the website in the way categories of games are organized. Games themselves look the same as the website. The advantage you get from using apps is that it is optimized for phones a bit better than the browser version due to the challenging nature of running dynamic content in browser. The app gives Betfair more control over the graphics of their content.

    Betfair Welcome Bonus

    Right now, the welcome bonus of Betfair Online Casino is offering their players up to $200 after the first deposit is made. Do not forget to check the wagering requirement. It is a number that indicates how much time you need to wager before being able to deposit. So, offer to check the terms and conditions first. Look for the lowest wagering requirement.

    BetFair

    Betfair online casino bonus

    bonus

    $100

    Copy Promo Code

    CASF51

    Copied

    Betfair Casino VIP Program

    Betfair Casino VIP is the rewards program developed by Betfair to retain their player base. There is a tier system (VIP Iron, Bronze, Silver, Gold, and Platinum) that works based on Tier Points and Bonus Points. The higher the person’s tier, the fewer points are needed to redeem $1 in bonuses. So, each game you receive bonuses and the longer you play, the bigger those bonuses are.

    To maintain your tier status, you must earn at least 50% of the required tier points for the respective level. For example, Bronze requires 25,000 tier points to make a player eligible the first time, and more than 12,500 to maintain the status. The same applies for every tier.

    Bonus points are generated at the same time as Tier points, and neither of them are generated in games played with only bonus points.

    VIP Silver players and above receive special VIP bonuses, Gold and above get invited to VIP events, and Platinum players get a special VIP host.

    Betfair Casino Safe Banking Methods

    Deposits

    Credit/Debit Cards(10 minutes to process), Wire Transfer (up to 24 hours), ACH (10 minutes), Cage deposit, and Check deposit (7 to 10 business days) are the available banking methods for depositing funds.

    Online transfer through BillPay is also possible with the following banks: BB&T, Chase, Capital One, Bank of America, HSBC Bank USA, Regions, SunTrust, PNC, TD Bank & U.S. Bank, and Santander Bank.

    PayNearMe is available as well. For example, you want to use it as your way of payment. For doing this, you need to go to the official page and find “Cashier” on the menu to pick PayNearMe as your depositing option. Near PayNearMe you will see a logo too. By picking this method, you will get a barcode. You need to print it or save it on your phone. Now you need to go to the closest store and show your barcode to the cashier and give them money. You will receive a receipt. Till you are at home, your money will be already transferred to your account.

    The minimum deposit amount is $10.

    Withdrawals

    The list of withdrawal options is wide as well, offering Cash of Cage withdrawal, ACH, PayPal, VISA, MasterCard, and Betfair Casino prepaid card. The payment processing time is the same for withdrawals and deposits, but withdrawals have no minimum amount of money (those are dictated by your preferred banking organization).

    Withdrawals take longer to proceed. If your depositing finishes almost immediately, your withdrawals can last for 10-30 days. Firstly, they need to be approved by a banking team, it can take up to 3 business days. Secondly, banks are slower in withdrawals. 

    Do not forget to read the terms and conditions section to avoid crossing lines. In case you have questions, do not hesitate to ask your support team that is available 24/7.

    Currencies

    All transactions use the US dollar as the currency, so be aware of the currency exchange rates upon conversion. Bitcoin and other cryptocurrencies are a long way from being used in legal casinos in the US since they are impossible to track. One of the main reasons why online gambling is being legalized in the country is the ability to collect taxes, which implies identification of taxpayers. Unfortunately, cryptocurrencies are not an option yet, and do not expect them to be used by legal casinos any time soon.

    Any payment method is safe when used wisely. You can lose your data by using a public network, catching malware, or simply losing your phone and personal data. No system is secure enough to protect your data from mistakes made due to the human factor. Do not worry about the security of the platforms, as they are popular and widely used, so software protection measures are sufficient.

    Responsible Gambling at Betfair Online Casino

    Betfair acts seriously about gambling abuse. This is a reason why Betfair Online Casino had a whole page full of materials on responsible gambling and other documents that can help increase awareness. Additionally, there are some tips for self-control. Gaming must be a source of fun but not a way you earn for living. It might be a good idea to check if your gambling habits include problem patterns and manage your behavior.

    Betfair Casino applies the policy of Affordability Limits, so a person’s spending will be limited till proved that losses will not harm the well-being of clients. As a result, the operator may request some documents about your income or savings in order to permit you higher bets.

    At Betfair, you can also set deposit and loss limits at the ‘Safer Gambling Tools’ area of your personal account.

    At Betfair Online Casino, any player can have a break from 24 hrs to 30 days with time-out option or for longer periods through the procedure of self-exclusion.

    Additional features to encourage responsible gaming with Betfair also include budget calculator and reality reminders about spent time.

    Pros and Cons of Betfair Online Casino

    An undisputed advantage of the casino is that it is legal in the US, albeit only in New Jersey. Legalization allows players to protect their rights in case fraud happens, so it makes gambling safer.

    Another advantage is the range of promotions offered by the casino. This Betfair Online casino review includes the promotion options you can choose from.

    One can also consider the age and scale of the casino an advantage because over 20 years of experience on the market is a great green flag.

    Since Betfair is only legal in NJ, there is some bad news for residents of the US who are not located in NJ. Therefore, despite being legal in the US, most of the population will not be able to enjoy the casino due to the geographical location software that bans gambling when out-of-state.

    While safety is there because of the legal status of the casino, Betfair has suspicious negative feedback behind it, as can be seen on the web. If you are suspicious of any service that has negative feedback around it, Betfair might not be for you. More on the reputation of Betfair in the next section.

    Betfair’s Position on the Market

    online casinoBetfair is one of the largest online casinos in Europe, fighting for market share since 1999. It was acquired by FanDuel, one of the two dominant players on the gambling market of the US. While Betfair acts relatively autonomously, it can still be considered one entity with FanDuel, so the estimation of their market share depends on the way you look at it. It is safe to say that it is one of the biggest online casinos in the Western hemisphere.

    Reputation is a complicated topic when it comes to online casinos, since people who have lost money are likely to be negatively biased against the casino. Frustration that comes after a loss can motivate people to lie to get their funds back, so take criticism of Betfair online casino with a grain of salt. The objective truth is that Betfair is legit. Otherwise, it would not have been on the market for over 20 years.

    Betfair and Coronavirus Impact

    Judging by the data provided by quarterly statements (Betfair is a publicly traded company), the revenues of Betfair online casino dropped by almost a third during the pandemic. The coronavirus has led to an economic decline unseen in decades, so it is no wonder why revenues of gambling companies dropped. Frankly, the same applies to every company that sells non-essential goods and services, so Betfair became a hostage of the situation, not able to do much to increase revenues. However, it stayed afloat, with all the innovations it brought.

    One might say the wide range of table and slot games is all the same, but a lot of people would disagree. The choice of designs and visual aesthetics is vast, creating an appealing look for players of different tastes. All the games are still based on the fundamental random number generator mechanics, and innovating in the market is hard (all that is left is adding visual themes to the core principle).

    Conclusion

    After reading this Betfair Online casino review, you can hopefully make an informed decision as to whether the casino is worth your trust. There are potential caveats, but their severity can only be determined by your subjective judgment. Still, Betfair Online casino is an old player who knows how to do business in the field, and if they were scammers, they would not have survived as long. Therefore, it is worth giving Betfair online casino a chance.

    Do you wonder what other casinos are available in the US? We have prepared all needed information in our online casino reviews to be sure that you will make the right choice. 

    FAQ

    Is Betfair Casino legit in the United States?

    Yes, but only in the state of New Jersey where Betfair Online casino received a license to do online gambling business legally.

    How can I contact Support Department on Betfair?

    Send an email to [email protected] and explain the problem you have encountered.

    Is Betfair safe?

    Yes, it is safe, but many customers have left negative reviews on social media and app pages on both App Store and Play Store. You should read through customer feedback and decide who you should trust.

    Will I pay tax on Betfair winnings?

    Yes, in accordance to the gambling regulations of New Jersey. New Jersey Gross Income Tax is applied to money earned through any legalized gambling activity in the state, so check the current percentage.

    What is Betfair maximum payout?

    The maximum payout depends on the sports you are betting on. The maximum payout possible is $1,000,000, but usually it is in the dozens of thousands range.

    Can I have two accounts on Betfair?

    No, you are not allowed to have more than one account due to the promotion abuse prohibition.

    Will I need to upload documents to verify ID?

    Yes, you need to do this to increase your security.

    Can I lose at an online casino because of a weak Internet connection?

    No. Your game is going to be paused.

    Can I withdraw my money offline?

    No.

    Can I change the amount I deposited after I completed it?

    Yes, unless you got the bonus money.

    Can I cancel my deposit if I change my mind?

    Yes.

    Is it really possible to win in online casinos?

    Yes, but remember that this is a game of chance.

    Will online casino get access to my bank account?

    No, they will definitely not do this.

    Writen by:

    Divya Gandotra
    Divya is a content research and analytics enthusiast who loves curating premium content in a diverse niche. Particularly adept in creating gambling and betting reviews to offer our users the best gambling guides in the US.
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