is not available to US citizens due to federal laws against online sports betting. The company is based in Dublin but have offices in several countries.īetfair holds licenses in the UK, Gibraltar, Malta, Spain, Italy, the United States, Australia, Bulgaria, and Denmark. Paddy Power and Betfair still operate as separate brands in a number of countries, including the United Kingdom, Ireland, and Italy. The business is traded on the London Stock Exchange. Paddy Power Betfair is owned 52% by Paddy Power shareholders and 48% by Betfair shareholders. The acquisition was reported as Paddy Power acquiring BetFair. On February 2, 2016, the merger was completed, and Paddy Power Betfair was formed. In September 2015, BetFair and one of its largest rivals, Irish-based bookmaker, Paddy Power agreed to terms for a merger. They pioneered the idea of the betting exchange, allowing customers to wager at odds set by themselves or by other players. BetFair is regularly at the top of the list for best-betting sites online, which comes as no surprise to us.īetfair was launched in 1999 by founders Andrew Black and Ed Wray. They are firmly the largest betting exchange online today, with no other site even close. For further information, read our Privacy Policyīetfair is one of the largest betting websites on the web. By submitting this form, you agree to receive emails from Safest Betting Sites.
