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Betfair NJ Sportsbook Review

Written by Glenn Roberts
Glenn is a sports lover and writes about Soccer and American Football. He also covers reviews of bookmakers, betting apps and deposit or withdrawal methods that players can use at online sportsbooks.
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When it comes to US online gambling, the situation is not as clear-cut as it is in Europe, and only a limited number of websites are available. Nevertheless, bettors still have options for placing wagers online, and Betfair is one of them. Betfair, one of the largest gambling companies in the world, has partnered with TVG Network to provide an excellent horse racing betting experience, allowing you to place wagers whenever you please.

This online racebook allows you to bet on some of the most popular horse racing events from around the world. With extensive coverage of both US and international races, Betfair customers have plenty of options. Worthwhile promotions are also available to those who join, including cash-back offers, contests, and more. The entire operation is regulated by the New Jersey Racing Commission, lending it legitimacy and helping ensure that bettors are treated fairly. Below, we explore the major aspects of this online betting website and provide our honest feedback.

Betfair in Brief
Launched in1999
Operated byPPB Counterparty Services Limited
Headquartered inTriq il-Kappillan Mifsud, St. Venera, SVR 1851, Malta
Licensed byMalta Gaming Authority, Gambling Commission of the UK, and the regulatory bodies of Italy, Denmark, Sweden, Spain, and Romania
Country RestrictionsNot specified
Products on OfferSportsbook, virtual sports, exchange
Supported CurrenciesAUD, DKK, EUR, USD, GBP, SEK
Supported LanguagesEnglish, German, Spanish, Portuguese, Russian, Norwegian, Finnish, and Hungarian

Betting Markets

MarketsWhen you first join Betfair, you will have access to a large racebook with many different betting options. This gambling website covers horse racing events from around the world, although it places particular emphasis on domestic US races. There are hundreds of options to choose from, and you can bet on events several days in advance.

As far as US tracks are concerned, you will be able to bet on races at some of the most popular tracks in the country. These include Belmont Park and Saratoga Race Course in New York; Monmouth Park and Freehold Raceway in New Jersey; Churchill Downs and Keeneland in Kentucky; Ruidoso Downs in New Mexico; Oaklawn Park in Arkansas; and Santa Anita Park and Del Mar Race Track in California. These are only a few examples, as hundreds more are available through the racebook.

Supported Tracks

For international events, Betfair provides extensive coverage of tracks in Great Britain, New Zealand, France, Sweden, and Canada. 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 of other tracks. If you follow the French horse racing 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. Available tracks in Great Britain include Ascot, Aintree, York, Doncaster, Newmarket, and others. In Sweden, Solvalla, Gothenburg, Gardet, Xpress Track, Ostersund, Jagersro, and Karlshamn are just a few of the dozens of tracks at your disposal.

Customers also have access to several useful features. You can view the full race schedules for the tracks listed above and many others, giving you a better idea of what to expect. Replays are also available to watch at any time, allowing you to analyze the performance of your favorite horses and use that information when placing future bets.

Betfair Features
Sports CoverageAmerican 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 TypesAsian handicap, correct score, over/under, multiples, straight bets, and others
Early Cashout OptionYes
Live StreamingYes
Live Statistics and ScoresYes
In-Play BettingYes
Available Odds StylesFractional and decimal
Bet Slip FeaturesCancel all selections, maximum liability, live-stream pop-out

Promotions and Bonuses

BonusesWhen you open an account at Betfair, you may benefit from a variety of promotional offers that can add value to your betting experience. Below, we cover some of the worthwhile offers available when you join Betfair.

Money Back Special at Canterbury Park

Every now and then, your horse might come close to finishing first, only to be overtaken at the last moment. While this is unfortunate, it does not necessarily mean you will walk away empty-handed. Betfair offers cash back on bets placed on races at Canterbury Park every Friday if your horse finishes 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, providing 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 promotion is available only on select dates.

Refer a Friend

If you are enjoying your experience at Betfair, you can recommend the racebook to a friend. The Refer a Friend offer provides a bonus each time you bring a new bettor to the site. The racebook gives you a unique referral link, and once the new bettor registers and makes their first deposit, you will receive a free $25 bet. Your friend will receive the same bonus. You can repeat the process with each new customer and earn additional rewards.

Wager Rewards Program

The Wager Rewards Program is Betfair’s loyalty scheme, which you can join 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. Points can be redeemed in increments of 2,500 points, with each increment worth $5.00 in credit. The racebook will not convert point balances worth less than the minimum of $5.00.

Promotional Incentives at Betfair
BonusesMinimum Deposit RequiredRolloverMinimum Odds RequiredEligible Markets and BetsCountry RestrictionsExpires After
Up to £/€100 in free bets£/€10 with the ZBBC01 coupon codeNot specified1.5All sportsNot specified30 days
Loyalty bonus of €5 every weekWagers of €15Not specified4Accumulator bets with three or more selectionsHungary, Iceland, Croatia, Austria, Norway, Luxembourg, Finland, and others2 days

Banking

BankingManaging your bankroll is one of the many important factors to consider when gambling online. Given the nature of online betting, you cannot use physical cash in most cases. Therefore, you will need to use an alternative payment method to fund your racebook account.

Credit Card

At Betfair, you can fund your balance with a standard credit card. The racebook accepts payments through the two most popular card brands: Visa and Mastercard. The benefit of this payment method is that deposits are processed instantly, allowing you to place bets right away. Making a transaction is easy: simply enter the required card information 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. This service is completely free, and you can also use it to process withdrawals. BetCash transactions are processed within two to five business days in either direction.

Wire Transfer

You can also make payments by wire transfer. However, there is a $15 fee for any deposit under $1,000 and for any withdrawal. Transactions usually clear on the same business day or the next.

Checks

Checks are a safe, albeit slow, way to fund your balance. You can send a check to the gambling website and include your account information so that the money can be added to your bankroll. You can also withdraw funds by check, although this is the slowest available option, taking between 7 and 10 business days to arrive. On the plus side, checks carry no fees.

If none of these methods suits you, you can visit a partner racetrack and make a cash deposit. Although this option is not commonly available in the online gambling industry, Betfair is an exception. TVG-partnered tracks allow you to make both deposits and withdrawals in cash without paying transaction fees. Best of all, both transaction types are processed instantly.

Banking at Betfair
Payment MethodDeposit Limit and TimeframesWithdrawal Limit and TimeframesDeposit and Withdrawal FeesBonus Restrictions
Mastercard€10; Instant€10; Up to 5 working daysFreeNot specified
Visa€10; Instant€10; Up to 5 working daysFreeNot specified
Neteller€15; Instant€10; Up to 1 working dayFreeNot specified
Skrill€10; Instant€10; Up to 1 working dayFreeNot specified
Paysafecard€10; InstantN/AFreeNot specified
WebMoney€10; Instant€10; Up to 1 working dayFreeNot specified
PayPal€10; Instant€10; Up to 1 working dayFreeNot specified
ecoPayz€10; Instant€10; Up to 1 working dayFreeNot specified
Qiwi Wallet€10; Instant€10; Up to 1 working dayFreeNot specified
Trustly€10; Instant€10; Up to 3 working daysFreeNot specified
Sofort Banking€10; Instant€10; Up to 3 working daysFreeNot specified
Bank Transfer€10; Instant€10; Up to 5 working daysFreeNot specified

Licensing and Restricted Jurisdictions

SecurityLicensing is an important consideration when evaluating any online gambling website. Oversight from a government regulatory institution helps establish that a website is legitimate and treats its customers fairly. In Betfair’s case, the New Jersey Racing Commission is responsible for overseeing this gambling website. It is a trusted institution charged with upholding the integrity of racing events and the betting activities associated with them. The Commission oversees tens of thousands of racing events at New Jersey tracks and works to maintain fairness within the industry. A New Jersey license provides an important level of regulatory oversight for a US online gambling site.

Access to Betfair is highly restricted. Only bettors who are physically located in New Jersey are allowed to place bets at this racebook. Gamblers must be US citizens or legal residents, as they must submit their Social Security number, among other details. The minimum legal age is 18, and bettors cannot place bets after leaving the state. Residents of other US states or countries are not allowed to hold Betfair accounts. If an ineligible account is discovered, all winnings will be seized and the original balance returned to the user.

Player Protection and Security at Betfair
EncryptionYes
Custom Deposit LimitsYes
Cooling-Off PeriodYes
Self-ExclusionYes
Minimum Age Requirement18 years and over

Mobile Support

FeaturesIf you like to place wagers while on the go, this gambling website may suit your needs. You can access the racebook directly from your smartphone or tablet in two ways. The first is to load the racebook website in your browser. This gives you access to the mobile interface, allowing you to place bets easily without any prior setup. The in-browser version works well and does not require you to download additional software that takes up storage space. For those who prefer an app, a dedicated application is available, although only for iOS users. The app can be found in the Apple App Store and downloaded for free.

Regardless of which option you choose, you will have full access to the racebook and its features. Placing bets from your mobile device is easy and convenient, as is funding your balance with the appropriate payment methods. You can also contact customer support and claim any promotions available to you. In short, accessing Betfair from your smartphone or tablet does not significantly limit the experience. However, you will need to enable Location Services on your device to use the betting platform. Since Betfair is available only to bettors in New Jersey, you must be physically located in the state and able to verify your location. The racebook therefore requires access to your location, and you will not be able to place bets unless you grant it. A detailed guide in the Help section explains how to enable this feature.

Betfair Mobile Support
Dedicated iOS AppYes; 109.5 MB; Requires iOS 11.0 or later
Dedicated Android AppNo
Browser CompatibilitySafari, Google Chrome, Mozilla Firefox
Supported LanguagesEnglish, Bulgarian, Danish, German, Greek, Italian, Portuguese, Romanian, Russian, Spanish, Swedish
Supported DevicesApple 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

SupportCustomer support is another important aspect of the online gambling experience. Regardless of where you choose to place your bets, you need to know that someone will be available to help if something goes wrong. When you need assistance, you can contact Betfair’s support staff. Their working hours are from 7:00 AM to 8:30 PM Pacific Time and from 10:00 AM to 11:30 PM Eastern Time.

Several contact methods are available. Live chat is a quick and efficient option that allows you to establish a real-time connection with a Betfair representative who can help resolve any issues you may encounter. At the time of writing, live chat is available only on desktop platforms, with mobile support expected later.

Alternatively, you can use more traditional means of communication. Email support is available to all customers, and you can send your messages to support@tvg.com. Typical response times are no more than a few hours. Occasionally, it may take longer, but you should receive an answer within 24 hours. You can also contact the racebook by phone. Betfair 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 make every effort to resolve issues promptly. They can also answer your questions clearly and thoroughly.

Customer Care at Betfair
Service Hours24/7
TelephoneUK: 0844 871 0000; Ireland: 1800 944 000; Australia: 1800 644 738; International: 0044 20 8834 8060
Live ChatYes
Emailinfo@betfair.com; ausinfo@betfair.com

Conclusion

VerdictOverall, Betfair is an excellent racebook platform for prospective bettors. It offers a wide range of betting options and provides an enjoyable overall wagering experience. Customers can claim various promotions and cash-back offers, helping them get more from their wagers. Betfair is fully regulated by the New Jersey Racing Commission, providing the platform with important regulatory oversight. Eligible bettors can register with the gambling website and begin placing bets on their favorite horses.

Betfair Strong PointsBetfair Pitfalls
An established operator that is properly regulatedCountry restrictions limit the availability of bonuses
Works with multiple payment processorsLive chat is accessible only to logged-in users
Help is available around the clock through several channels and in multiple languagesIt can sometimes be difficult to find the information you need
Offers a wide range of special deals
Bettors can wager on the go using dedicated apps
100% up to $1000 Sign up Bonus
18+ New customers only. 100% match bonus up to $1000. Min deposit $50. 10x rollover requirement. Promocode: MYB100
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