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Betfair via a Betting Broker: Four Ways to Reach Betfair Exchange

Four brokers and five tools open Betfair markets; here is how the routes compare.

A Betfair broker is a betting broker, or betting agent, that opens Betfair markets for you through its own exchange platform. In our access register Betfair opens through five tools at four brokers: Sharp Exchange at BetInAsia; PIWI247 and OrbitX at AsianConnect; Sharp Exchange and Edge at MadMarket; and FairExchange at Sportmarket.

You register once with the broker, fund one wallet and open the product account. The stated commission is 3% on winning bets at MadMarket on Sharp Exchange and at Sportmarket on FairExchange, and each broker publishes its own minimum stake and its own list of restricted countries.

The four brokers

What is a Betfair broker?

What does a broker actually change? The door, and the terms behind it. On Betfair customers bet with each other and, in the words of its terms, Betfair "acts as a facilitator and does not act as a counterparty" (bar a few cases the same clause lists).

A direct account is a contract with Betfair International Plc, TSE Malta LP or Betfair Pty Limited, depending on where you live. A broker route is an account on a platform the broker opens for you: Sharp Exchange, PIWI247, OrbitX, Edge and FairExchange.

BetInAsia's site says of Sharp Exchange: "You will need to use a broker like BetInAsia to access Sharp, as you can't access it directly." AsianConnect lists OrbitX as "Powered by Betfair".

New to brokers? Start with bet brokers explained, then come back.

How a bet broker connects you to the betting sitesYou open one account with a broker. The broker reaches Asian bookmakers and betting exchanges through its tools. You One broker BetInAsia AsianConnect MadMarket Sportmarket BLACK, Edge, Sharp Exchange,PS3838 and more Asian bookmakers Betting exchanges How a bet broker connects you to the betting sitesYou open one account with a broker. The broker reaches Asian bookmakers and betting exchanges through its tools. You One broker BetInAsia AsianConnect MadMarket Sportmarket BLACK, Edge, Sharp Exchange, PS3838 and more Asian bookmakers Betting exchanges
How a bet broker connects you to the betting sites.

Why use a broker for Betfair?

Two things decide it: where you are, and what else you want in the same wallet.

If Betfair is closed in your country

Betfair's terms prohibit use of its services from a list of named countries and from "any other country with a comparable legal situation", judged by where you are located. Each broker publishes a list of its own, and the lists differ.

Which restricted-country lists name your country: BetInAsia, AsianConnect, MadMarket, Sportmarket

CountryBetInAsiaAsianConnectMadMarketSportmarket
United KingdomNamedNot namedNamedNamed
United StatesNamedNamedNamedNamed
FranceNamedNot namedNamedNamed

Named means the country is on the broker's own list of restricted countries; Not named means it is not. Sources: BetInAsia: clause 4.1.3 of its terms; AsianConnect: the restricted-country article in its help centre; MadMarket: clause 4.1.3 of its terms; Sportmarket: clause 3.7 of its terms.

One wallet beside the sharp bookmakers

The result? One wallet, several exchanges. BetInAsia opens 15, AsianConnect 7, MadMarket 14 and Sportmarket 12 betting sites in the register, Betfair included. All four welcome winners, in their own words.

Betfair exchanges and white labels available via brokers

Six pairings of broker and tool open Betfair in our register. Four brokers, five tools, one row.

Betfair broker routes compared: tool, description and minimum stake

BrokerToolHow the broker describes itMinimum stake
BetInAsiaSharp ExchangeSharp Exchange: back and lay exchange€10
AsianConnectPIWI247 and OrbitXOrbitX: exchange, powered by Betfair. PIWI247: sportsbook, casino and the PIWIXchange exchange, which is powered by Betfair€4 on PIWIXchange
MadMarketSharp Exchange and EdgeSharp Exchange: peer-to-peer back and lay. Edge: Mollybet-powered trading platform listing Betfair Exchange€10 on Sharp Exchange, €1 on Edge
SportmarketFairExchangePeer-to-peer exchange€5
Engraved market hall with one central order board and four different doors leading into it
Each broker opens its own door onto Betfair's markets.

Sharp Exchange via BetInAsia and MadMarket

Sharp Exchange is the one tool two of the four brokers share. Both describe a back and lay exchange with in-play betting and cash out (partial and automatic cash out included). Our Sharp Exchange review has the rest.

FairExchange via Sportmarket

FairExchange is Sportmarket's peer-to-peer exchange, and in our register it is the tool that reaches Betfair there. Access takes a verified account, funds in the Main Account and a request to support; two-factor authentication is mandatory and the minimum stake is €5.

OrbitX via AsianConnect

AsianConnect lists OrbitX as a betting exchange to back and lay, marked "Powered by Betfair"; PIWI247 adds the PIWIXchange exchange, also described as powered by Betfair. Orbit has its own page: Orbit Exchange.

Betfair commission: direct account vs broker

Betfair charges "a commission calculated by reference to your net winnings on a Market", so your stakes do not enter the sum. Its charges page says that for the vast majority of Exchange customers commission is the only charge paid to Betfair. The rate is not one figure: it follows the package you choose or a market base rate, less a discount that grows with your Betfair Points and is capped at 20% until your KYC (know-your-customer) check is complete. Two cases add charges, covered after the discount below.

Betfair commission by route: what each broker states

RouteBrokerStated commission
Direct accountBetfairOn net winnings in a market; rate set by package or market base rate, less a points-based discount
Sharp ExchangeBetInAsiaLow, on winning bets only
PIWI247 exchangeAsianConnectOn net winnings in an exchange market, at the rate set when the account is opened or notified to you
Sharp ExchangeMadMarketFlat 3% on winning bets, 0% on losing bets
FairExchangeSportmarket3% on winning bets, none on losing bets
Engraved open ledger with a brass stamp hovering over the column of coins while the other column is left untouched
Commission falls on winnings.

The PIWI247 line comes from PIWI247's own terms, not AsianConnect's. On Sharp Exchange and FairExchange the commission only touches winning bets, so it costs nothing until a bet wins, and we like that arrangement for anyone who trades often.

How the Betfair Points discount works

Where the commission is the market base rate less a discount, the discount comes from Betfair Points. You earn one point for every 10 pence of commission paid on a win or implied on a loss; betting earns points either way. Betfair recalculates the discount every Sunday at midnight GMT and then cuts your points balance by 15% (the weekly decay); a Betfair Holiday pauses that decay, though it earns no points. Table A applies to most regions, and Albania, Australia and New Zealand get no discount.

Betfair Points and the discount rate: selected steps of Table A

Betfair PointsDiscount rate
1,000 to 2,4992%
7,000 to 8,99910%
17,000 to 18,99920%
49,000 to 54,99940%
80,000 to 87,99950%
150,000 and above60%

Until your KYC check is complete the discount is capped at 20%, so the steps above the 17,000-point row stay out of reach.

Charges beyond commission

Two exceptions carry rates of their own: a Transaction Charge for very heavy traffic and an Expert Fee that reaches fewer than 0.5% of customers, who are notified before it applies. Each day's Transaction Charge is reduced by the commission you generated.

Betfair Transaction Charges and Expert Fee: who pays and at what rate

ChargeWho paysRate
Transaction ChargeCustomers with more than 5,000 qualifying transactions in an hour£0.001 per placed bet and per failed transaction, £0.005 per duplicate failed transaction; market-making bets are free
Expert FeeCustomers with a gross profit above £25,000 over their last 52 active weeks, after more than 100 exchange markets20% for a 52-week gross profit of £25,000 to £100,000, 40% above £100,000

How to open Betfair access via BetInAsia

To open Betfair via BetInAsia, you need the BIA Portal first and a Sharp Exchange account second.

  1. Register in the BIA Portal with your name, email, country of residence and account currency, then confirm the email.
  2. Fund the BIA Wallet; the minimum deposit is €50.
  3. Open Sharp Exchange from the Products section; the account is created with your first transfer from the wallet.
  4. Bet from €10. KYC, the know-your-customer check, becomes compulsory once lifetime deposits pass €2,000 or when you request a withdrawal.

Verify early

Open the KYC step early; it speeds up your first withdrawal.

How to open Betfair access via AsianConnect

Which door? The registration form offers PIWI247, PS3838, AsianOdds88 and OrbitX, and our register lists Betfair under PIWI247 and OrbitX. To open Betfair via AsianConnect, three steps are enough.

  1. Register with your email, name, date of birth, contact number, country and currency, choosing OrbitX or PIWI247 as the platform.
  2. Fund the unified wallet from the AMS, AsianConnect's member system. Skrill and Neteller start at €10 and arrive instantly; Bitcoin, USDT and USDC are listed too.
  3. Complete the identity check in the AMS when it is requested: an identity document, a proof of address and a selfie. The PIWIXchange minimum stake is €4.

How to open Betfair access via MadMarket

Two doors to Betfair, then: Sharp Exchange and Edge. MadMarket says Edge customers "do not need to manage a separate Betfair Exchange login directly".

  1. Press Get Started, fill in your details, confirm your email and create a password.
  2. Deposit in the MadMarket Wallet; the minimum is €50 on every method.
  3. On the Products page press Create Account for Sharp Exchange or Edge, then transfer at least €50 from the wallet.
  4. Bet from €10 on Sharp Exchange or €1 on Edge. A KYC request arrives with your first withdrawal or once lifetime deposits pass €2,000, and one verification covers every platform.

How to open Betfair access via Sportmarket

€100 is the figure to know: the minimum activation deposit for FairExchange. To open Betfair via Sportmarket, follow this order.

  1. Register with JOIN NOW; your Betting Account is created automatically.
  2. Verify your identity in the Verification tab of the Main Account.
  3. Fund the Main Account, where every method starts at €10, and ask support for FairExchange access.
  4. Switch on two-factor authentication, mandatory for FairExchange, move funds in the Transfer tab, up to €5,000 per request, and bet from €5.

Trading on Betfair through a broker: API, bots and in-play

Automation is decided route by route.

Betfair's own terms list the API as a betting channel and describe bots as programs that place bets automatically within parameters their users set; those users act "entirely at their own risk". Through a broker, each platform sets its own line: FairExchange does not permit API software bots such as GeeksToy, and PIWI247's terms forbid bots and artificial intelligence. BetInAsia lists Pull and Push API access on BLACK (a separate product from the Sharp Exchange route).

In-play? Sharp Exchange lists it at both BetInAsia and MadMarket, and BetInAsia adds Trading View with up to three price ladders. A route changes access, cost and tools, and the outcome of a bet still depends on the bet alone.

Betfair broker login and app

Each broker has one front door, and the app answer is short: web first.

BetInAsia

The BIA Portal is the central broker account for your product accounts; Sharp Exchange runs on desktop and mobile.

AsianConnect

The AMS member portal handles deposits, withdrawals and KYC; OrbitX and PIWI247 are listed for web and mobile.

MadMarket

The MadMarket Portal holds your wallet and product accounts; Sharp Exchange offers two-factor authentication.

Sportmarket

The Main Account on the website handles deposits and transfers; there is no native mobile app, and the Betting Platform is a responsive web app.

Can I use a VPN for Betfair?

No.

Betfair's terms classify access from a prohibited territory, "including if you are using a VPN to disguise your location", as a Prohibited Activity, and BetInAsia and MadMarket forbid VPNs and proxies in their own terms. We do not write VPN tutorials.

The alternative is a broker with its own country list: compare them in the table above, or start from best bet brokers.

Betfair alternatives: Matchbook, Betdaq and Smarkets via broker

Three other exchanges sit in the register beside Betfair.

Betfair alternatives via broker: Matchbook, Betdaq and Smarkets

Betting site BetInAsiaBetInAsia AsianConnectAsianConnect MadMarketMadMarket SportmarketSportmarket
Betdaq BLACK Not listed Edge Available
Matchbook BLACK Not listed Edge Available
Smarkets BLACK Not listed Edge Available

BetInAsia reaches all three through BLACK and MadMarket through Edge. Sportmarket lists them without a named tool, and AsianConnect has no entry for them. For the whole field, see all betting exchanges via brokers; for prediction markets, Betfair vs Polymarket.

Where to start

Verdict? Pick the tool, then the broker. Open the product account and bet from the minimum stake of your route.

Betfair broker FAQ

What is a Betfair broker?

A Betfair broker is a betting broker that opens Betfair markets for you through its own exchange platform. You register once with the broker, fund its wallet and open the product account.

Is Betfair available in my country?

Betfair's terms prohibit use of its services in named countries and in any other country with a comparable legal situation, judged by where you are located. Each broker publishes its own list instead.

Can I use a VPN for Betfair?

Betfair's terms treat access from a prohibited territory, including by VPN, as a Prohibited Activity, and BetInAsia and MadMarket forbid VPNs and proxies in their own terms.

What commission do Betfair brokers charge?

MadMarket states a flat 3% on winning bets, and 0% on losing bets, on Sharp Exchange. Sportmarket states 3% on winning bets on FairExchange. BetInAsia describes the Sharp Exchange commission as low and applies it to winning bets only.

Can I trade in-play or use bots through a broker?

Sharp Exchange lists back and lay betting, in-play markets and cash out at BetInAsia and MadMarket. FairExchange does not permit API software bots such as GeeksToy, and PIWI247's terms forbid bots.

What is the minimum stake on each route?

The minimum stake is €10 on Sharp Exchange at BetInAsia and at MadMarket, €5 on FairExchange at Sportmarket and €4 on the PIWIXchange exchange at PIWI247. Edge, the MadMarket trading platform, starts at €1 on a market.

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