Betfair NJ Sportsbook Review


Where US online gambling is concerned, the situation is not as clear-cut as in Europe, and there are only a limited number of websites. Regardless, bettors still have options when it comes to placing wagers online, and Betfair is one of the best. One of the largest gambling companies in the world has partnered with TVG Network to bring you an excellent horse-racing betting experience, giving you the opportunity to place wagers whenever you please.
This online racebook gives you the chance to bet on some of the most popular horse-racing events from all over the globe. With extensive support for both US and overseas races, Betfair customers are certainly in for a treat. Not only that, but worthwhile promotions await those who join, including cash-back offers, contests, and more. The whole operation is regulated by the New Jersey Racing Commission, lending it legitimacy and making sure that bettors are well taken care of. Below, we will explore all of the major aspects of this online betting website and provide you with our honest feedback.
Betfair In Brief | |
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Launched In | 1999 |
Operated By | PPB Counterparty Services Limited |
Headquartered in | Triq il-Kappillan Mifsud, St. Venera, SVR 1851, MALTA |
Licensed By | Malta Gaming Authority, Gambling Commission of the UK, as well as the regulatory bodies of Italy, Denmark, Sweden, Spain, and Romania |
Country Restrictions | Not specified |
Products on Offer | Sportsbook, virtual sports, exchange |
Supported Currencies | AUD, DKK, EUR, USD, GBP, SEK |
Supported Languages | English, German, Spanish, Portuguese, Russian, Norwegian, Finnish, and Hungarian |
Betting Markets
Insofar as the US tracks are concerned, you will be able to bet on races at some of the most popular tracks in the country. Among these, we find the likes of Belmont Park and Saratoga Race Course in New York, Monmouth Park and Freehold Raceway in New Jersey, Churchill Downs and Keeneland in Kentucky, New Mexico’s Ruidoso Downs, Arkansas’s Oaklawn Park, as well as California’s Santa Anita Park and Del Mar Race Track. Of course, these are only a few examples, and there are hundreds more available in the racebook.
As for foreign events, Betfair has great coverage of tracks in Great Britain, New Zealand, France, Sweden, and Canada. The Canadian tracks include Woodbine, Hippodrome, Century Mile, Mohawk Raceway, and more, while fans of New Zealand horse racing can bet on events at NZA, NZB, Trentham, Waimate, Kurow, New Plymouth, Oamaru, Timaru, Cromwell, and dozens more. If you follow the French scene, you will be pleased to know that Betfair accepts bets on races at Longchamp, Cagnes-sur-Mer, Bordeaux, Aix-les-Bains, Marseille Vivaux, Marseille-Borely, and many more. The available Great Britain tracks include Ascot, Aintree, York, Doncaster, Newmarket, and others. Where the Swedish tracks are concerned, Solvalla, Gothenburg, Gardet, Xpress Track, Ostersund, Jagersro, and Karlshamn are only a few of the dozens at your disposal.
Of course, there are also logistical features available to customers. You will be able to see the full race schedule at any of the above-listed tracks and more, giving you a better idea of what to expect. Moreover, there are also replays that you can watch at any time, giving you the opportunity to analyze the performance of your favorite horses and make future bets based on that information.
Betfair Features | |
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Sports Coverage | American football, athletics, Australian rules, boxing, baseball, basketball, cricket, cycling, darts, eSports, football, Gaelic games, golf, greyhound racing, handball, horse racing, ice hockey, mixed martial arts, politics, motorsports, Rugby League, Rugby Union, snooker, special bets, tennis, volleyball |
Minimum Bet | €/£1 or the currency equivalent |
Supported Bet Types | Asian Handicap, correct score, over/under, multiples, straight bets, and others |
Early Cashout Option | Yes |
Live Streaming | Yes |
Live Statistics and Scores | Yes |
In-play Betting | Yes |
Available Odds Styles | fractional and decimal |
Bet Slip Features | Cancel all selections, maximum liability, live-stream pop-out |
Promotions and Bonuses
Money Back Special at Canterbury Park
Every now and then, your horse might be close to finishing first only to be overtaken at the last moment. While this is unfortunate, it does not mean you should walk away empty-handed. Betfair offers cash back for bets placed on races at Canterbury Park every Friday if your horse comes in second or third. You will receive $10 per race, giving you at least part of your stake back. For a race to qualify for this promotion, it must have at least eight separate betting interests. Cash back will be awarded within five days of the race’s conclusion. There are no turnover requirements associated with these funds, and you can use them as you please.
Money Back Special at Lone Star Park
This promotion is similar to the one above, guaranteeing cash back on close races at Lone Star Park. Whenever your horse finishes second or third, you are entitled to receive $10 per race. Cash back on third-place finishes is available only when there are eight or more betting interests, while second-place finishes require seven or more. Unlike the Canterbury Park offer, this one is available only on select dates.
Refer a Friend
If you are enjoying your stay at Betfair, you can share the joy with a friend. The Refer a Friend offer provides a bonus every time you bring a new bettor to the site. The racebook gives you a unique link for each referral, and as soon as the new bettor registers and makes their first deposit, you will receive a free $25 bet. Your friend will also receive the same bonus. You can repeat this with each new customer and earn additional rewards.
Wager Rewards Program
The Wager Rewards Program is Betfair’s loyalty scheme, and you can enroll to earn extra rewards. For every dollar you bet, you earn one Wager Rewards Point. Once you accumulate enough points, you can convert them into cash. The conversion happens in increments of 2,500 points, which can be redeemed for $5.00 in credit. The racebook will not convert points worth less than the minimum $5.00.
Promotional Incentives at Betfair | ||||||
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Bonuses | Minimum Deposit Required | Rollover | Minimum Odds Required | Eligible Markets and Bets | Country Restrictions | Expires After |
Up to £/€100 in free bets | £/€10 with the ZBBC01 coupon code | Not specified | 1.5 | All sports | Not specified | 30 days |
Loyalty Bonus of €5 Every Week | Wagers of €15 | Not specified | 4 | Accumulator bets with three or more selections | Hungary, Iceland, Croatia, Austria, Norway, Luxembourg, Finland, and others | 2 days |
Banking
At Betfair, you can top up your balance with a standard credit card. The racebook accepts payments via the two most popular brands: Visa and MasterCard. The benefit of this payment solution is that the deposit goes through instantly, allowing you to place bets right away. Making the transaction is easy – simply enter a few numbers and confirm the payment. It is important to note that there is a $5 fee for every credit-card deposit and that certain banks will not permit the transfer. These include, but are not limited to, Bank of America, Capital One, Wells Fargo, Union Bank, and Huntington Bank. Additionally, prepaid Visa and MasterCard cards are typically not accepted.
Alternatively, you can use the BetCash service, which links directly to your checking account. The benefit of this service is that it is completely free, and you can later use it to process your withdrawals. BetCash payments are processed within 2-5 business days in both directions.
You can also make your payment via wire transfer. The caveat is that there is a $15 fee on any deposit under $1,000 or on any withdrawal. Granted, this is a small price to pay considering the speed of the transactions, which usually clear on the same business day or the next.
Checks are a safe way to fund your balance, albeit a slow one. You can send a check to the gambling website, including your account information so the money can be added to your bankroll. You can also cash out via check, though this is the slowest solution available, taking between 7 and 10 business days before you receive it. On the flip side, it carries no fees.
If none of these methods suits you, you also have the option of visiting a partnered race track and making a deposit in cash. While not usually available in the online gambling industry, Betfair is the exception. TVG-partnered tracks allow you to make both deposits and withdrawals in cash without paying any transaction fees. Best of all, both transaction types happen instantly.
Banking at Betfair | ||||
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Payment Method | Deposit Limit and Timeframes | Withdrawal Limit and Timeframes | Deposit and Withdrawal Fees | Bonus Restrictions |
Mastercard | €10; Instant | €10; Up to 5 working days | Free | Not specified |
Visa | €10; Instant | €10; Up to 5 working days | Free | Not specified |
Neteller | €15; Instant | €10; Up to 1 working day | Free | Not specified |
Skrill | €10; Instant | €10; Up to 1 working day | Free | Not specified |
Paysafecard | €10; Instant | NA | Free | Not specified |
WebMoney | €10; Instant | €10; Up to 1 working day | Free | Not specified |
PayPal | €10; Instant | €10; Up to 1 working day | Free | Not specified |
ecoPayz | €10; Instant | €10; Up to 1 working day | Free | Not specified |
Qiwi Wallet | €10; Instant | €10; Up to 1 working day | Free | Not specified |
Trustly | €10; Instant | €10; Up to 3 working days | Free | Not specified |
Sofort Banking | €10; Instant | €10; Up to 3 working days | Free | Not specified |
Bank Transfer | €10; Instant | €10; Up to 5 working days | Free | Not specified |
Licensing and Restricted Jurisdictions
As for restricted jurisdictions at Betfair, you will find that there is little in the way of options. Only bettors who are physically located in the state of New Jersey are allowed to place bets at this racebook. Gamblers must be US citizens or legal residents, as they have to submit their Social Security number, among other details. The minimum legal age is 18, and bettors are not allowed to place bets if they leave the state. Residents of other US states or countries are not allowed to hold accounts with Betfair, and if this is discovered, all winnings will be seized and the original balance returned to the user.
Player Protection Security at Betfair | |
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Encryption | Yes |
Custom Deposit Limits | Yes |
Cooling-Off Period | Yes |
Self-Exclusion | Yes |
Minimum Age Requirement | 18 years and over |
Mobile Support
Regardless of which option you choose, you will have full access to the racebook and all of its features. Placing bets from your mobile device is easy and convenient, as is funding your balance with the appropriate payment methods. Moreover, you can contact customer support with ease and claim any promotion available to you. Basically, you will not be limited in any way if you access Betfair from your smartphone or tablet. However, you will need to enable Location Services on your device to use the betting platform. Since Betfair is available only to New Jersey residents, you must be physically located in the state and able to prove it. For this reason, the racebook will need access to your location, and unless you grant it, you will not be able to take part. A detailed guide in the Help section will walk you through the process of enabling this feature.
Mobile Support of Betfair | |
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Dedicated iOS App | Yes; 109.5M; Requires iOS 11.0 or later |
Dedicated Android App | No |
Browser Compatibility | Safari, Google Chrome, Mozilla Firefox |
Supported Languages | English, Bulgarian, Danish, German, Greek, Italian, Portuguese, Romanian, Russian, Spanish, Swedish |
Supported Devices | Apple iPhone 12, Apple iPhone 11, Apple iPhone XS, Apple iPhone XR, Apple iPhone X, Apple iPhone 8, Apple iPhone 7, Apple iPad, Huawei Y5, Huawei Y6, Huawei Y7, Huawei nova, Huawei P10, Huawei P20, Huawei P30, Infinix S4, Infinix Smart 5, Infinix Smart 6, Infinix Hot 7, Infinix Hot 8, itel A16, itel A33, itel A56, Nokia 2.1, Nokia 2.2, Nokia C1, OPPO A3s, OPPO A5s, OPPO A1K, Safaricom NEON RAY, Samsung Galaxy A01, Samsung Galaxy A10, Samsung Galaxy A10s, Samsung Galaxy A11, Samsung Galaxy A20, Samsung Galaxy A21s, Samsung Galaxy A30, Samsung Galaxy A40, Samsung Galaxy A50, Samsung Galaxy A51, Samsung Galaxy A70, Samsung Galaxy A71, Samsung Galaxy Grand, Samsung Galaxy J5, Samsung Galaxy J7, Samsung Galaxy S7, Samsung Galaxy S8, Samsung Galaxy S9, Samsung Galaxy S10, Samsung Galaxy S20, Samsung Galaxy J2, Samsung Galaxy J4, Samsung Galaxy Note8, Samsung Galaxy Note9, Samsung Galaxy Note10+, Tecno Pop 2, Tecno Pop 3, Tecno Camon 11, Tecno Camon 12, Tecno Camon 13, Tecno Camon 14, Tecno Camon 15, Tecno F1, Tecno K7, Tecno Spark 2, Tecno Spark 3, Tecno Spark 4, Tecno Spark 5, Tecno Pouvoir 2, Tecno Pouvoir 3, Vodafone 100, Vodafone Smart Kicka 4, Xiaomi Redmi Note 7, Xiaomi Redmi Note 8, Xiaomi Redmi Note 9 |
Customer Support
As for ways to contact the support staff, you have several methods at your disposal. Live chat is an excellent option. It is quick and efficient, allowing you to establish a real-time connection with a Betfair representative who will help resolve any issues you may face. At the time of this writing, live chat is a relatively new feature and is available only on desktop platforms, with mobile support coming soon.
Alternatively, you may resort to more traditional means of communication. Email support is available to all customers, and you can forward your messages to support@tvg.com. Typical response times are generally quick, no more than a few hours. Occasionally it may take longer, but you will receive an answer within 24 hours. Of course, you can also pick up the phone and dial. The racebook maintains a dedicated phone line, and you can reach the support staff at 1-888-752-9884 (PLAY-TVG). The support agents are courteous and will put in considerable effort to ensure your issues are solved in a timely manner. Additionally, they will answer any questions you may have clearly and extensively.
Customer Care at Betfair | |
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Service Hours | 24/7 |
Telephone | From UK 0844 871 0000; Ireland 1800 944 000; Australia 1800 644 738; International 0044 20 8834 8060 |
Live Chat | Yes |
info@betfair.com; ausinfo@betfair.com |
Conclusion
Betfair Strong Points | Betfair Pitfalls |
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An established operator that is properly regulated | Country limitations on the availability of the bonuses |
Works with multiple payment processors | The live chat is accessible only by logged-in users |
Help is available around the clock through several channels and in multiple languages | Sometimes it is difficult to find the information you need |
Offers a plethora of special deals | |
Bettors can wager on the move using dedicated apps |