Launched in 2000 by Andrew Black and Edward Ray, Betfair is one of the pillars of the online gambling industry. Since its start, Betfair has never stopped growing! At the current time, Betfair holds a big part of the industry pie with more than 5 million registered customers. The biggest segment of this base are from the UK, Ireland, and some other European countries.
Shortly after being listed on the London Stock Exchange, it was merged with another big company that has clout in the industry, Paddy Power to form the “Paddy Power Betfair plc”, but the current official name is for this group is Flutter Entertainment. After this deal, Betfair has gained more fame and became more able to spend on PR and marketing. In 2014, Betfair announced total revenue of £393.6 million. The site offers casino games and sports betting, poker, bingo, and other great options. Although the primary market for Betfair is the United Kingdom, it has subsidiaries in many other regions.
In this review, we will shed the light on all Betfair facets and determine whether it is inside the GamStop.
What Betfair Offers?
Betfair maintained its position for more than two decades by the permanent expansion of combining the most recent innovations. Offering all sorts of gambling. Accepting more and more payment methods. In other words, if you had opened the Betfair portal ten years ago, you wouldn’t have found 10% of the options available right now! That makes sense since the technological advances of the last decade were huge.
When you step into the Betfair main page, you will find the upper menu containing the following options:
Although the site combines all gambling services, it is most renowned for the betting exchange service.
What Is the Betting Exchange Service?
The betting exchange service offers the same betting markets as any other bookmaker but with a few differences.
The key difference here is identifying the potential winnings; When one places a bet on a bookmaker, he is betting against the betting site itself. So, if he wins, he will get your return from his funds. The bookmakers take all that is lost by the sports bettors and paying all that is won after deducting their commission.
On the other hand, Betfair and other betting exchange platforms allow players to bet on any outcome against players who bet on the opposite outcome. For example, if it is a match between Arsenal and Liverpool, 100 players bet on Arsenal, and 100 others bet on Liverpool. Then, the game ends with Liverpool victory. The bettors will receive the funds that the Arsenal fans have bet with. In addition, the betting exchange platforms offer punters many options that they can customize and control freely. For instance, the player can sell/ buy a bet from another punter before the end of the event. Also, gamblers can cash out all or part of their bets either to reduce their losses or to lock in their winnings.
The betting exchange platforms generate profits by deducting a profit margin from the winners’ earnings. At the same time, the bookmakers make wins from all bets since their profit margin is factored into the odds. So, the house always wins, regardless of the way of presenting the betting options.
The necessary features for any successful betting exchange platform is having high traffic, offering basic betting options and accepting players from all over the world. All of these traits are available in Betfair.
Betting Exchange Platforms Don’t Show Odds
When you bet with a bookmaker, you should always watch the winning odds; The higher the odds, the lower your potential profit, and vice versa. In contrast, if you are betting with the Betfair exchange service, you will not see odds but the value of the estimated profits against your bet; The higher the amount of the winnings, the more likely your bet will not win and vice versa.
Although Betfair is known for betting exchange offerings, it also offers a laudable sports betting section! This section covers over 30 global sports. Each sport includes hundreds of events and thousands of betting markets as well. Furthermore, Betfair also features excellent options like cashing out, free live streaming, and of course, betting exchange. Finally, Betfair also covers the non sports events like esports, politics, and drama.
Football fans are the velvet class on Betfair! The site covers all soccer tournaments starting from the major leagues to the less popular and obscure ones. For example, when we were writing this review we found betting odds on the second and fourth divisions of the Portuguese League.
In general, no punter can exhaust the range of betting markets available on Betfair! They offer multiple betting markets in each match, including straight bets, 1×2, over/ under, handicap options, both teams to score, correct score, double chance, no tie bet, corners, and ACCA bets.
Besides ante bets, Betfair also offers an unparalleled range of live bets almost daily. These bets come with a wide range of extra options, like quick markets, cash outs, and live stream of some events. As for the non streamed matches, Betfair provides animations through which you can learn helpful stats and event updates.
Betfair Casino Games
Although Betfair does not offer a massive library of titles like other casinos available on the scene, the games available are varied and suitable for all players! Betfair casino lobby contains more than 250 games powered by Playtech. Although the casino library has focused mainly on slots and jackpot options, it also includes an impressive selection of table games and rapidly developing live games.
Does Betfair on GamStop?
Betfair is one of the founding fathers of GamStop! Since its inception in 2000, it has been promoting responsible gaming manners. Also, it has a unique problem gambling protection approach, “smart betting”, this method starts with knowing how much funds the player should risk and ends with sole fun! Also, smart betting stipulates firmly not giving gambling the chance to be a harmful part of the gambler’s life. In other terms, when the fun stops, stop playing and betting!
Betfair offers many tools to help players who lost control of their gambling behaviours, which can be accessed through the web based platform as well as the app, namely:
- Deposit limit
- Loss limit
- Time out
- Session timer
- Reality check
- Long break
In addition, there is an education content that teach players how to be aware of problem gambling and maintain a safe distance from addiction.
Although these measures were more than enough to protect players from gambling addiction, the registration with GamStop prevents a large group from enjoying the offers and features offered by Betfair!
From 2018 until now, gamers’ forums and review sites have been awash with remorse of players who accidentally signed up for GameStop (for reasons unrelated to gambling addiction in the first place) but then found out that they were unable to resume gambling at their favourite sites!
GamStop customer service does not accept negotiations and does not allow removing or shortening of the self ban period. So, what can you do in this situation to enjoy your favourite games and sports betting options?
What Are the Betfair Non GamStop Alternatives?
Although GamStop helps players place limits on their online gambling activity and treat addiction tendencies, it shows zero tolerance for players who register with it by mistake or players who feel that they overcome the addiction before the end of the break period. Therefore, regardless of the urges that motivated you to join GamStop, you can’t play during the length of your self exclusion. Of course, this situation is unbearable for many players, and the only solution, in this case, is to sign up for any of the casinos or sites outside of GamStop.
Online casinos and betting sites that don’t integrate GamStop have nothing worrying! The idea is, these sites carry the licenses of offshore regulators who don’t require them to sign up to GamStop. All of these sites have the highest standards of protection, just like any UK gambling site!
Casiroom is one of the newest gambling portals, but it rapidly managed to be one of the best brands outside the GamStop class. In addition, it is a “standalone” site, meaning that the operating company does not own any other project. Therefore, they can focus on it better and equip it with more innovative services and offers.
Casiroom contains a rich game collection that combines both quality and diversity. Accepts multiple financial methods. Offers customer service available around the clock. In addition, the sign up process is fast as it takes only 60 seconds only. Players can sign up by filling in the regular form. Also, they can join by linking their accounts with their profile on a social media platform such as VK. The casino deals with more than 95 studios to offer a massive selection of slots, roulette, poker, and live casino games. Although the site’s main focus is casino games, it has a great bookmaker section.
This section includes global sports as well as alternative markets such as eSports and even drama events! Since it is a new kid on the block, it offers a considerable bonus collection to both new and old players! Mobile gamblers can enjoy all the features and services of Casiroom through the browser platform or by downloading the app. Do you want to know more info? Click here to read the Casiroom full review!
Casper Spins started in 2021, after 21 years of Betfair launch. However, we can’t deny the role of great ambition in reversing the competition standards’! Casper Spins platform has a structured, high quality design that is also eye pleasing. Through the casino platform, you can find menus and different tabs very quickly and without much searching. Although the casino is still new to the industry, it has secured successful partnerships with major renowned studios, including NetEnt, NextGen, Bitsoft, Tom Horn, and SaGaming. The casino library offers a decent selection of slots, table and card games, while the live games section has a great collection of Evolution Gaming, Hollywood Live Games and Leander editions.
The casino offers a stunning selection of welcome offers alongside ongoing offers and bonuses to returning players. Furthermore, high roller players can opt into the VIP scheme to get special rewards. Do you want to know more info? Click here to read the Casper Spins full review!
Like the previous companions, PlayZax is a new gambling portal with big ambitions to gain a big portion of the industry! As a whole, this site has all the key features that could make it your first choice. The casino library hosts many games powered by top notch gaming providers like NetEnt, Play’nGo, and NextGen. One of the most attractions of this casino is the cash rewards, free spins, and the VIP scheme. Do you want to know more info? Click here to read the PlayZax full review!
All in all, Betfair offers all kinds of gambling and has all the perks that any online gambler may imagine! The primary service of this site is the betting exchange. Also, it has an advanced bookmaker section that includes more than 30 global sports and other non sports areas. Furthermore, Betfair houses a sheer number of casino games and live options. All players can make their deposits and withdrawals using a wide range of payment methods. However, there are a few downsides that may be a deal breaker for many players. The most notable one is the GamStop integration which will prevent any punter from participating during his break period. However, you can enjoy playing at casinos and bookmakers outside GamStop, which offers the same game collection and sports betting options without limits!