Betfair was founded in May 1999 by Andrew Black and Ed Wray.
Betfair pioneered the betting exchange concept, allowing customers to bet at odds set by themselves or by other customers.
In 2013, Betfair launched a fixed odds Sportsbook to offer greater choice to the recreational end of the market.
Today, Betfair is one of the world’s largest international online sports betting providers.
Betfair holds gambling licences in Gibraltar, Malta, Spain, Italy, the United States and Australia.
Betfair is committed to high standards of integrity and has agreed over 50 Memoranda of Understanding with sports governing bodies.