Betfair or Bet365: Which one to choose for your bets?

Key distinctions and similarities between Betfair and Bet365

Bet365 and Betfair are two companies operating in the betting market, each with distinct business models. Bet365 is a conventional betting site, where players wager their money on a game and the company pays out the prize in the event of a win or keeps the bet in case of a loss. On the other hand, Betfair operates as a betting exchange, allowing users to both place bets and act as bookmakers themselves, offering odds and accepting wagers from other players. These divergent approaches provide different experiences and opportunities for bettors, catering to a wide range of preferences and strategies.

On the other hand, Betfair is a sports exchange where players trade their bets with each other, without directly involving the company. Unlike Bet365, the company takes on the players' wrong investments and pays out the winning bets.

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Who has the best welcome bonus: Bet365 or Betfair - Understand in detail!

Bet365 and Betfair both provide comparable bonuses for new customers in sports betting, which are limited to ZAR200. However, there are distinctions between the welcome promotions offered by each website. Upon registration, Betfair automatically fills in the promotional code, whereas Bet365 does not require the use of a bonus coupon.

Betfair offers a welcome bonus period of 90 days, which is three times longer than Bet365's 30-day duration. Unlike Bet365, Betfair does not impose any minimum requirements to activate the promotion, making it more flexible for players. Additionally, Betfair's promotion allows players to participate without any monetary commitment, while Bet365 requires a minimum deposit of at least ZAR30 to be eligible for the bonus.

However, Bet365 excels in other aspects of the first deposit promotion. The wagering requirements for Betfair's bonus bet are 8 times the deposit and promotion, whereas Bet365's are only once the deposit amount.

Furthermore, the minimum odds required to meet the wagering bonus requirements at Bet365 are 1.20, which are superior to Betfair's odds of 2.00. Bet365's promotional credits can be utilized in other betting site promotions, which is advantageous. Overall, Bet365 offers one of the finest sports betting bonuses, with more favorable requirements compared to Betfair.

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When it comes to the mobile app, who has the better one: Bet365 or Betfair?

Bet365 and Betfair both provide sports betting apps, but Betfair has an exclusive app for Exchange betting. However, Bet365 offers a wider range of apps, including casino, live casino, poker, and bingo.

What are the available deposit and withdrawal methods?

When comparing the deposit and withdrawal methods of Bet365 and Betfair, it is evident that both platforms provide popular options for South Africans such as Visa, bank transfer, and boleto bancário. This is also apparent in the previously conducted Review of Pixbet or Bet365. However, Betfair offers a wider range of withdrawal options, including Astropay, Pay4fun, EcoPayz, MuchBetter, Skrill, and Neteller.

Bet365 is a trustworthy platform with a minimum deposit and withdrawal value in South African real, and it offers higher margins. On the other hand, Betfair provides minimum values. Both platforms offer bank transfer as a withdrawal option, but Bet365 takes a longer time to process the transfer, which can take up to 10 business days. Thus, this aspect is considered a draw.

Who provides the best customer support: Bet365 or Betfair?

In our examination of the customer service provided by Bet365 and Betfair, we have observed that both platforms have Portuguese-speaking chatbots that are user-friendly. However, the waiting time for assistance is longer on Bet365 compared to Betfair, which, in turn, offers quicker support albeit limited to South African business hours.

On the other hand, Bet365 offers round-the-clock customer support via Whatsapp. Additionally, Betfair provides a more comprehensive FAQ section. Overall, Betfair has a quicker response time and a more extensive range of frequently asked questions, even with limited customer service hours, making it the winner in this category.

Overall conclusion - Who won the Bet365 versus Betfair competition?

Based on the same Review criteria for comparing Nomini and Bet365, it is evident that Betfair excels in one category and ties in another, whereas Bet365 emerges victorious in two categories and ties in one. Both platforms are trustworthy and offer intriguing features.

For beginners in sports betting, Bet365 presents an intriguing choice due to the straightforwardness of the odds and layout. On the other hand, for those acquainted with betting platforms, Betfair comes highly recommended as an Exchange that offers ample opportunities for sports trading.

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100% up to ZAR200

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T&C Apply. 18+

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Frequently asked questions: Which one to choose for betting, Bet365 or Betfair?