Betfair Review - Golf

New betfair customer offers: Exchange - click here for £20 risk-free; Sportsbook - click here for bet £10 get £30.

Bookmaker Review: Betfair

Betfair is the global Number 2 online sports betting company, an innovator whose Exchange revolutionised the market and whose Sportsbook is today becoming increasingly popular. That's right, Betfair Sportsbook is now one of the leading bookmakers in the United Kingdom and Republic of Ireland who cover top flight golf in great detail, offering regular value-adds for golf punters. To read our golf trading strategy guide click here.

Need more help choosing a new bookmaker? Read our comprehensive best bookmakers for golf betting article here.

A large number of Golf Betting System readers use Betfair as part of their bookmaker portfolio - here's what some of them had to say about Betfair with a specific slant on their golf betting odds, promotions and overall offering. For more bookmaker reviews click here.

The one obvious bonus with Betfair Sportsbook is the Cash Out option available on its golf markets, especially if you're not up to speed with laying bets on the exchange. Generally I don't find Betfair have the top prices so I rarely use their Sportsbook, but I would always recommend an account so there is always the option of using the exchange (it's quite easy once you get used to it!) should you need it. I can't score the Sportsbook too highly given the prices, but on the whole it's a good website. Reviewed by TB, Dec 2014. Rating: 3/5 (Sportsbook)

Difficult to fault the exchange as it's obviously the best out there. The odds on some players are huge compared to the normal bookmakers and you often see a player who's 100/1 trading at 200 or 300 on Betfair. The liquidity on some of the extra markets isn't great sometimes but on the overall winner it's usually fine. I've used the sportsbook a couple of times too when there's been extra places available and it seemed pretty good to me. Reviewed by MW, Dec 2014. Rating: 5/5 (Exchange), 4/5 (Sportsbook)

Betfair - very good, exchanges are great, haven't tried the sportsbook much so not sure if free bets are available or money back promotions, will be trying a few other bookies to compare. Reviewed by AS, Dec 2014. Rating: 5/5 (Exchange), 2/5 (Sportsbook)

The exchange offers most value than any other company in my opinion. Very good odds and odds out quickly usually on the sunday beforehand. In terms of golf, the sportsbook lets the site down. Odds not as good as other sites and price usually doesnt compete with other bookmakers. Reviewed by JK, Dec 2014. Rating: 5/5 (Exhange), 3/5 (Sportsbook)

Overall Rating 3.9/5 (7 reviews)

About Betfair

New customer promotions and bonuses

Betfair are offering over £3,000 in new customer bonuses across their vast range of online sports and gaming products. New Betfair customers get the choice of a Bet £10, Get £30 fixed odds offering or a £20 risk-free exchange bet...the choice is yours! All Betfair new bonuses are accessed when you register via betfair promo codes which we have pre-populated for you when you use the relevant link below:

There are a wide range of Betfair promo codes available in 2016, click here for the latest offers and the codes required to claim.

Betfair Sportsbook Golf Betting Coverage

Betfair Sportsbook covers every Major Championship, PGA Tour and European Tour golf tournament across the season. Betfair aren't the quickest to establish their markets for 'early birds' but markets are available in the main by Monday evening. Another huge advantage of using Betfair Sportsbook for golf bets is their 'Cash Out' facility where you can close a bet during the tournament. This facility actually gives punters the opportunity to effectively trade during the action, but instead of using the Betfair exchange prices to close your bet are offered by the bookmaker.

Punters used to fixed odds punting can often find laying a bet on Betfair exchange intimidating, so Cash Out makes it easy to close bets simply with 2 clicks. You can use Cash Out to access a popular way of making profit on golf, namely backing long-shots or fast starters pre-event and then locking in profit as their odds shorten during the tournament. In that way it's more than possible to make a profit when a selection doesn't even win or place, they just have to be in contention as the tournament develops.

Typical sportsbook markets include Overall Winner, Top 5, Top 10, 1st Round Leader, 2/3 Balls, Top American/European.

Maximum Golf Payout

The maximum payout is £500,000 across any golf bet made with Betfair Sportsbook. For more on maximum payouts visit www.maxpayout.co.uk.

In-Play Betting

In-Play betting is available on PGA Tour and European Tour events. Traditionally you can bet on the Outright Market during each round, plus Top 5 and Top 10 finish markets.

Player Prices

As you would expect, we keep as close as we can to player odds here at Golf Betting System. Betfair Sportsbook's odds tend to be targeted on sections of the field. Betfair rarely lead on price across the favourites, but offer real value across the midfield and outsider sections of the entry. Again that plays strongly into the strategy of backing longer-priced players with the ability to use Cash Out or Betfair Exchange to effectively lay those bets and make a profit.

Bet £10, Get £5 In-Play

A new development for selected tournaments in 2015. Place a £/€10 Win or £/€10 Each-way Outright Winner bet on a PGA Tour and receive a free in-play bet on the same tournament.

Extended Each-Way Places

If you like additional each-way places at the Major Championships, look no further than Betfair Sportsbook. The Malta-based Sportsbook made a big impact in 2014 with their strategy of offering additional places across the full-field Majors and indeed they also offered 6 places each-way tactically across the bigger PGA Tour and European Tour events such as the BMW PGA Championship at Wentworth and The Players Championship at TPC Sawgrass. July and the Open Championship saw Betfair Sportsbook lead the way with 8 places Each-way, a promotion that was only matched by Betfred. Edoardo Molinari produced a strong performance which generated a full each way place return for those with the foresight to go 8 places each way, which netted a £500 return for a £10 each-way stake.

Below you'll find detailed Betfair Sportsbook's Major Championship offers from 2014:

Betfair Sports Promotions

Betfair are fully aware that to challenge bet365 as the global online sports betting number 1 they have to offer strong sign-up bonuses and high quality ongoing sports promotions. Free In-Play bets, ACCA insurance, Cash Out, Money Back Extra and Price Rush. These are a few of the margin adding sports promotions that Betfair Sportsbook offers - you'll find the most popular detailed below:

ACCA Insurance.  A single 'Opt In' gives you access to the Betfair Sportsbook ACCA Insurance promotion ongoing. Place any Match Odds 5-leg ACCA with total odds of more than 4/1 and if only a single match lets you down, Betfair will refund your stake as free bet token.

Both Teams To Score ACCA Insurance. Another huge football ACCA promotion. Again a single 'Opt In' gives you access to BTTS ACCA Insurance. Place any 4-leg BTTS ACCA with minimum total odds of 4/1 and if a single match lets you down, Betfair Sportsbook will refund your full stake.

Back a 3/1 Winner and Get a Free Bet. Betfair Sportsbook are now giving away free bets to UK and Ireland customers if you land a 3/1 or higher winner on selected big races. They will match your original stake up to £/€25 and give you a free bet token within 2 hours.

Cash Out. Betfair's Cash Out facility can be used across all sporting markets, but it's ideal for football betting and accumulator bets in particular, both on Sportsbook and Exchange. Place your bet or ACCA and as soon as the first game goes In-Play you will have the option to Cash Out. This functionality allows you to settle a bet or your ACCA before the close of the actual match or set of matches, allowing you to lock in profit or limit your losses. Cash Out is available across all mid-week and Saturday/Sunday matches and is also available on iPhone, iPad, android and tablet.

US Sport Power Parlay. A single 'Opt In' gives you access to a 50% Bonus on your pre-game US Sport ACCAs including the NFL, NBA, MLB and NHL. Place a pre-game parlay double or greater and if successful Betfair will give you a bonus, starting with 5% on a double and 8% on a treble.

Betfair Gaming Products and Bonuses

Betfair are currently giving away the most generous Casino and Slots bonuses in the market and as you would expect they have a portfolio of games that are the envy of most of their online competitors. Betfair offers over 40 different progressive jackpot games with the popular slots such as Beach Life and Gold Rally that often handing out multi-million pound jackpots. A £100 Casino Welcome Bonus is supported by a huge £1,000 Slots Welcome Package - the best in the business right now.

bet365 Customer Experience

Would you like to submit a Betfair review? Simply email us your thoughts and a rating between 0-5 to feedback@golfbettingsystem.co.uk!

Betfair golf review 2016. Offers and promotions updated 14.01.15. Author Steve Bamford, Find us on Google+

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