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General Information

Websitebetfair.com
Twitter@Betfair
CategoryConsumer Web
Employees
Founded2000

Offices

UK Headquarters
South Wing, Waterfront Chancellors Road Hammersmith Embankment
London, W6 9HP, GBR

People

CEO
VP of Engineering and Products
Director
Director General
Senior Advisor

Acquisitions

Total$55M
Bluesq, 4/2013 £5M
TV Games Network, 1/2009 $50M

Investments

Kabam 10/2009

Funding

VENTURE FUNDING
Venture Round, 1/2007
Balderton Capital
Index Ventures
SoftBank Capital

Competitors

Service Providers

Tags

Betfair

Betfair claims to be the “world’s leading online betting exchange”. Betfair enables punters to choose their own odds and bet against each other, even after an event has started. Betfair claims more than 5 million transactions a day and 300 bets a second.

In addition to the exchange, Betfair has an established games portfolio. Betfair Games, Betfair Poker, Betfair Casino and Betfair’s multiples and accumulator products, are hosted from Malta, which is an area that has seen significant growth and investment. The company is also developing automated price feeds to third parties, establishing white-label exchanges and through its own Betfair Mobile product.

Launched in 2000, Betfair is a profitable and debt-free company with annual revenues exceeding £300 million. It is a privately-owned company. Betfair is proud that a large percentage of its employees own part of the company through its SAYE scheme.

Recent Milestones

Videos

Screenshots

Betfair screenshot
Above: Betfair Screenshot -- #1
Uploaded: 5/20/09

Traffic Analytics

Quantcast

Livegraph

Compete

Betfair

Sources

  1. The Next Web (thenextweb.com) [edit]
  2. Betfair pays $50M for TV Games Network (venturebeat.com) [edit]
  3. Watercooler raises $5.5M to expand social fantasy sports game business (venturebeat.com) [edit]
  4. Citation Needed [add]
  5. Betfair’s David Yu: The Patience of a Saint Running a $2B Company for Sinners (TCTV) (techcrunch.com) [edit]
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Last Edited 3/29/14

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