Betfair

Who Runs Betfair

Betfair is a Flutter Entertainment plc brand, and the only one on this site whose main product is an exchange rather than a book. Flutter states in its 2025 annual report on Form 10-K that the company merged with Betfair Group plc on February 2, 2016 and changed its name to Paddy Power Betfair plc, then to Flutter Entertainment plc on May 28, 2019. In Great Britain the exchange is licensed on Gambling Commission account 39561, held by TSE Malta LP, and the fixed-odds sportsbook on account 39439, held by PPB Counterparty Services Limited — the same account and company as Paddy Power's sportsbook. The apps on the UK App Store are published by Betfair LTD.

The Exchange: Commission Instead of Margin

Account 39561 holds a remote betting intermediary licence, running since 1 November 2014, and that class is the formal description of an exchange. On an exchange you back an outcome or lay it, taking the other side as a bookmaker would, and the operator brings the two together rather than taking the bet itself. Flutter describes the same arrangement in its filing: customers bet against each other and not against the house, and the group makes a commission on the bets. Because an exchange builds no margin into its prices, that commission is where the cost sits — the headline price is better and the charge arrives at settlement.

What Is on Betfair.com

On the exchange a bet exists only if another customer takes the other side of it, so a price can beat a bookmaker's and a market can also be too thin to fill — most obviously on minor events and on narrow in-play markets. The sportsbook takes bets at fixed odds in the ordinary way. The exchange account also licenses a second domain, predicts.betfair.com; what runs there is not described in any register or filing this review can reach. Betfair's own App Store listing names football, horse racing, tennis, greyhound racing, politics, cricket, golf, boxing and rugby among its markets.

What Betfair's Licence Record Says

Betfair holds three licence lines in our records. Betfair's lines are reproduced, not summarised.

• Betfair: UK Gambling Commission
• Betfair: Malta Gaming Authority
• Betfair: Jurisdiction-specific (Gibraltar, Italy, Spain, Denmark, Bulgaria, Australia)

Where Betfair Is Recorded as Available

Betfair is recorded as accepting customers in two markets: Spain, United Kingdom. Betfair records acceptance separately from licence lines.

Betfair's Recorded Payment Methods

Betfair records ten payment methods: Apple Pay, Bank transfer, Maestro, Mastercard. Betfair also records MuchBetter, Neteller, PayPal, Paysafecard. Betfair also records Skrill, Visa. Betfair's list is site-wide, not per market.

What Betfair Is Recorded as Offering

Betfair is recorded as offering 14 sports: American Football, Baseball, Basketball. Betfair also offers Boxing, Cricket, Darts, Golf, Ice Hockey, MMA. Betfair also offers Motor Racing, Rugby, Snooker, Soccer, Tennis. Betfair is recorded against three race types: Greyhound racing, Jumps / National Hunt. Betfair also covers Thoroughbred (flat).

Betfair's Stored Offer

Betfair has one offer in our data, stored as “Bet £10, Get £50 in Free Bets (5x £10 free Bet Builders/Accas/Multiples; qualifying bet at odds 2.0+; code ZSKAOL)”. Betfair has no wagering, deposit, odds or expiry figure held. Betfair can change it without our record moving.

Betfair: What This Page Does Not Cover

Betfair's recorded rating is 4, reproduced not computed. Betfair has not been used by us in any respect.