Behind Betfair is another British company with headquarters in London, which has been on the market for two decades and has millions of customers. Last but not least, the partnerships with the football clubs Barcelona and Arsenal contribute significantly to its success. However, while many players feel they are in good hands with Betfair, there are others who are looking for an alternative to Betfair. Below we reveal the most common reasons for switching and present the alternatives.
Why are players looking for a Betfair alternative?
Betfair is one of the most reputable providers that, in addition to a gambling licence from England, also holds several licences from the gambling authorities of Malta, Denmark, Italy, Spain, Bulgaria and Romania. Such a high number of licences is without doubt unique.
But why do many players still look around for an alternative provider?
One answer to the question is essentially related to the manageable range of sports betting on offer at Betfair. Although the most well-known events such as the Champions League, UEFA Champions League, Bundesliga as well as other well-known European leagues are on offer here, the leagues of the smaller countries are absent. In addition, the betting odds offered leave a lot to be desired. Even though there seems to be little difference between 1.60 and 1.80 odds, in the end you have to settle for 20% less profit.
At the same time, it is noticeable that the layout of the website is very different from that of the other well-known providers. Namely, there is hardly any talk of a good overview here, because you need more time to find what you are looking for. This state of affairs could be particularly annoying if a bet has to be placed quickly shortly before the start of a match.
But the whole thing is topped off by the fact that players who win big have to reckon with fees. The amount is based on an extremely complicated formula, whereby the provider also informs players in rare cases. Betfair tries to justify this procedure by saying that these so-called premium fees apply to 0.5% of the players.With 4 million users, this is still 20,000, which is quite a lot. It is a pity and inappropriate for a company that has 'fair' in its name, because there can hardly be any talk of customer friendliness here.
The deposits are not exactly customer-friendly either. If you deposit with PayPal, you incur a fee of 1.5%, which even amounts to 2.5% for deposits with Paysafecard. Similar casinos like Betfair handle this quite differently. By the way, it is also a pity that the excellent customer service is only available in English at the start and that there are charges for calls. Most other providers certainly handle this better. By the way: If you are not a Borussia Dortmund fan and don't really like the club, it is definitely worth switching, because Betfair's website comes in black and yellow colours.
What are Betfair's strengths?
Betfair has a 20-year history as a company and is therefore a reliable and reputable bookmaker that pays out profits.
Betfair's new customer bonus is attractive and generous compared to other providers. Not only do you get double your deposit, but you can also earn several free bets. For the first five bets placed, which amount to 10 euros each, you get a free bet of 20 euros. This means that for a 50 euro bet you get 40% as a free bet. This can be repeated a total of four times, which undoubtedly provides more joy and fun for players.
It is also very advantageous for customers that no fees are due when betting. While many bookmakers collect 5% betting tax, at Betfair you collect your winnings without 5% deduction. By the way, German customers at Betfair do not have to do without the popular payment service PayPal.
What requirements should a good alternative to Betfair fulfil?
Are you looking for an alternative to Betfair? Then it is definitely advisable to make sure that the betting odds at your new bookmaker are just as good.
Furthermore, it is also worth finding a provider with whom you do not have to pay betting tax or who does not charge you any hidden fees. If your English is not good, also make sure that the provider has a good German-speaking customer service.
A brief overview of other alternatives
In addition to the alternatives already mentioned, we can recommend three other gambling providers. Each has different advantages in terms of gaming and bonus offers, deposit and withdrawal options and customer service. The alternatives are Karamba.
View of the bonus offer from Betfair
Of course, Betfair also offers various bonuses and gifts for new customers. Just have a look at the Betfair Bonus Code take a look. Maybe the bonus will help you decide for or against a Betfair alternative.
Are you interested in switching to another provider? Then you would do well to try out the alternatives listed above. These convince with a wide selection, high odds, good customer support. We wish you good luck with the new bookmaker of your choice.
FREQUENTLY ASKED QUESTIONS
Players are looking for alternatives for various reasons. The sports betting offer at Betfair is not comprehensive and smaller national leagues are missing. The odds offered are also not that competitive. The layout of the website is not user-friendly and makes it difficult to find what you are looking for. There are also concerns about fees, especially for high income players, and fees for deposits via PayPal or Paysafecard.
Betfair has a solid reputation as a reliable and reputable bookmaker with a 20-year history. The company offers an attractive new customer bonus that includes several free bets. Furthermore, there are no betting fees and the popular payment service PayPal is available.
A good alternative should offer competitive betting odds, no betting tax and no hidden fees. It is also an advantage if the alternative offers good German-speaking customer service for those who do not speak English. Other desirable features would be a large selection of games, high odds and excellent customer service.