World's Biggest Betting Community

Betfair is the world’s biggest online betting community and pioneered the first successful betting exchange in 2000. Driven by cutting-edge technology, the company now processes over 6 million transactions a day from its 2.2 million registered customers. In addition to sports betting, Betfair offers a portfolio of innovative products including the only casino in the world with zero house-edge, exchange games and poker.

Betfair currently employs over 1,350 people, principally in London, Malta and Tasmania. The company is a licensed betting operator in the UK, and holds licenses in Australia, Germany, Austria, Italy and Malta.

 

Betfair.com has since established a significant gaming portfolio based in Malta and in partnership with Harrah's, is the proud sponsor of the World Series of Poker Europe.

(Betfairpoker.net Play For Fun allows users to familiarize themselves with the game of poker, for free.)

Company

• #1 online company in the world for revenue growth
• Annual revenues
• Top 20 online companies in the world
• Better Odds

Technology

• Millions of daily transactions
• Serving over 4.6 billion page requests per week
• Ahead of the Competition
• Epic 2008 Wimbledon final
• Oracle's Top 5

International

• An International Business
• International Operations
• Case against W. Australia
• American TV Games Network (Acquisition in January, 2009)
• MoU with US Racing

Integrity

• Integrity deals with over 42 sporting bodies
• MoU with National Hockey League
• MoU with Association of Tennis Professionals
• Best Practices
• Official Betting Partner

Social Responsibility

• Reducing Carbon
• Betfair's Charity of the Year

Business and Gaming Awards

• Socially Responsible Operator of the Year Award
• Two Queen's Awards for Enterprise
• Two Best Place to Work in IT Awards
• Ernst and Young Award

1 - #1 online company in the world for revenue growth

Betfair is the #1 online company in the world for revenue growth. (25% growth across the Betfair Group. We are equal with Google in a list of online companies with annual revenues in excess of £250m, so it includes Amazon, eBay and Yahoo). Betfair is safe and secure to use.

2 - Annual revenues

Launched in 2000, Betfair is a profitable and debt-free company with annual revenues exceeding £270 million (c. $500 million CAD). It is a privately-owned company and Betfair is proud that a large percentage of its employees own part of the company.

3. Top 20 online companies in the world

Betfair is among the Top 20 online companies in the world for revenue. (Online companies including Amazon, Google, Yahoo and eBay – estimated for calendar year 2008.)

4 - Better odds

The odds at Betfair are on average 20% better than at a traditional bookmaker.

5 - Millions of daily transactions

Betfair processes millions of transactions a day and more than 300 bets a second, with bettors able to choose their own odds and bet against each other, even after an event has started.

6 - Serving over 4.6 billion page requests per week

At peak times Betfair's exchange matches over 3,186,000 bets a day. It serves over 4.6 billion page requests per week and 99.9% of all transactions happen in under a second. The technology required to do this is immense and requires significant investment and development time.

7 - Ahead of the Competition

Betfair's business is founded upon technology which has proven itself to be far ahead of the competition. We successfully (and comfortably)complete more transactions than all of Europe's stock exchanges combined and more than the New York Stock Exchange - and we have the added burden of a 24/7 operation where settlement is immediate.

8 - Epic 2008 Wimbledon final

The epic 2008 Wimbledon final between Roger Federer and Rafael Nadal matched 90 Million CAD, with over 80% traded during the match.

9 - Oracle's Top 5

Oracle view Betfair as one of their top five most important customers in the world today which puts us alongside the likes of eBay and Google.

10 - An International Business

Betfair customers come from over 140 different countries and on any one day over 50% of new registrations come from outside the UK and Ireland. Our international customers account for over 40% of our revenue.

11 - International Operations

Betfair HQ is situated in Hammersmith, London. We have a large helpdesk and call centre in Stevenage (about 40 miles north of London) as well as two large operational bases in Malta - home of our international business - and Hobart in Tasmania. In addition to this we have a number of satellite offices around Europe including Spain, Italy, Romania and Germany.

12 - Case against Western Australia

In March 2008, Betfair wins case against the Western Australian Government in the Australian High Court.

13 - American TV Games Network (TVG) acquisition.

In January 2009, Betfair completes its $50 million acquisition of the American TV Games Network (TVG) from Macrovision and legally enters the US market.

14 - MoU with US Racing

In February 2005, Betfair signs MoU with the US Thoroughbred Racing Protective Bureau.

15 - Integrity deals with over 42 sporting bodies

Betfair has signed integrity deals with over 42 sporting bodies around the world, including the NHL, ATP, IOC, and FIFA to prevent corruption in sport.

16 - MoU with National Hockey League

In November 2008, Betfair signs MoU with National Hockey League - the first North American Sports League to do so.

17 - MoU with Association of Tennis Professionals

In October 2003, Betfair signs MoU with Association of Tennis Professionals.

18 - Best Practices

Betfair was set up by a management team whose backgrounds were in the global financial markets. Part of their aim was to bring the transparency of the markets to an industry which traditionally had been opaque - instilling financial markets best practice in the sports betting market.

19 - Official Betting Partner

In April 2005, Betfair becomes the Official Betting Partner of the John Smith's Grand National meeting, the world's most famous race and watched by 600 million people worldwide, in an exclusive three-year deal.

20 - Reducing Carbon

In November 2007, Betfair sets out its ambitious environmental strategy to reduce its carbon footprint by 30% per pound of revenue by the end of 2010.

21 - Betfair's Charity of the Year

In February 2008, Betfair presents £125,000 (c. 240k CAD) to SportsAid, its Charity of the Year, at the end of the first of their two year fundraising partnership.

22 - Socially Responsible Operator of the Year Award

In October 2006, Betfair wins Socially Responsible Operator of the Year for the second year running at the eGaming Awards.

23 - Queen's Awards for Enterprise

Betfair has received the Queen’s Award for Enterprise twice (in 2003 and in 2007) – the only company ever to do so.

24 - Best Place to Work in IT Award

In March 2007, Betfair wins, for the second time, the Computer Weekly award for 'Best Places to Work in IT'.

25 - Ernst & Young Award

In October 2002, Andrew Black and Edward Wray, co-founders of Betfair, win the Ernst and Young Emerging Entrepreneur of the Year award.