Key Facts
You can view Betfair's Vital Statistics Inforgraphics here.
Company Background
- Betfair was founded in May 1999 by Andrew Black and Ed Wray.
- Betfair pioneered the betting exchange concept, allowing customers to bet at odds set by themselves or by other customers.
- Betfair is one of the world’s largest international online sports betting providers.
- Betfair employs more than 2,000 people worldwide.
- Betfair holds gambling licences in Gibraltar, Malta, Italy, the United States and Tasmania.
- Betfair is committed to high standards of integrity and has agreed over 40 Memoranda of Understanding with sports governing bodies.
Products
- Betfair offers the Betting Exchange, other sports betting products, casino games and poker to its customers.
- The Betting Exchange takes a commission on the net winnings of a customer in a given market of between 2 and 5%.
- Betfair.com is offered in 17 different languages.
- Our blog sites are www.betting.betfair.com and www.betfairfootball.com.
Key Data
- Betfair processes more than seven million transactions every day, more than all European stock exchanges combined.
- 99.9% of transactions are completed in under a second.
- Betfair has more than three million registered customers.
- There are more than seven billion page views of Betfair.com every week.
Key Partnerships/Sponsorships
- Betfair is the ‘Official Betting Partner’ of Manchester United FC.
- Betfair is the 'Official Partner' of Ascot Racecourse.