Because we're a betting exchange and not a online bookmaker, we offer thousands of racing and sports markets with features you won’t find on any other gambling websites.

Find better odds on racing and sports. How is that possible?

Because we are not a bookmaker.

Betfair is an exchange, which means that you’re betting head-to-head with punters in Australia and worldwide. It also means that you set the odds, not us. Or you can take the Betfair Starting Price for a guaranteed price on racing and sports markets that’s often better than Best Tote. It’s betting done your way.

When you place a live bet on racing, you can take the current price that is on offer or enter in the odds you want and wait to be matched.

Lay Betting is exclusive to Betfair. A lay bet is when you bet on a horse not to win. Think the favourite will get off to a good start but fade? Then lay it in race to potentially find better value.

Betfair offers expert tips, previews and betting guides for all major racing and sports markets. Why? Because when you win, we win. We want winners and won't ban you for winning.

Still need a bit more information about how the exchange works and why you can find better odds? We’ve got you covered. Have a look at our instructional videos and articles to learn how to master the exchange.

Download the App on your iPhone or Android device today! 

"Betfair is On Your Side because…  You set your own odds and don't have to take the unders that the corporates give you"

"Betfair is On Your Side because… they offer the best market value."

Robert M

Lachlan M

Approved Sports Betting Partner of

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Betfair Pty Limited's gambling operations are governed by its Responsible Gambling Code of Conduct and for South Australian residents by the South Australian Responsible Gambling Code of Practice. 

BetStop is the Australian National Self-Exclusion Register. For more information, please visit https://betstop.gov.au

What’s gambling really costing you? For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au

Betfair Pty Limited is licensed and regulated by the Northern Territory Government of Australia.