Betfair Australia is the world's largest and Australia's only licensed peer-to-peer wagering platform, operating as a dynamic marketplace where customers bet against each other rather than against the house. This revolutionary betting exchange model, introduced globally in 2000 and launched in Australia in 2004, allows users to set their own odds and back or lay outcomes, typically resulting in superior value compared to traditional bookmakers. Licensed and regulated by the Northern Territory Racing Commission, Betfair Australia processes millions of bets daily across sports and racing markets.
As part of Flutter Entertainment plc - one of the world's largest sports betting and gaming operators - Betfair Australia leverages cutting-edge technology to deliver a secure, scalable betting infrastructure. The platform serves strategic bettors who value the flexibility and market depth of exchange betting, with headquarters in Melbourne and a team of approximately 100 professionals. Betfair's customer-centric revenue model, based on small commissions rather than restrictive betting practices, has established it as a trusted innovation leader in the Australian gambling industry since its Tasmanian licensing in 2006.