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Betting apps similar to betfair
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10 Betting Apps Like Betfair With Exchange Betting Options 2025

Tue - 05 - 2025

Betfair is one of the most complete betting apps with its exchange. While it may be a market leader, there a few worthy competitors that challenge its lead.

App Bonus DescriptionLink
#1
Offer Currently Unavailable
Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet. 4 x following £5 free fixed odds bets will be added to your account on consecutive days. After each of your first two free fixed odds bet you will also get a free £5 Total Goals spread bet. Free bets and spins must be claimed within 28 days of opening. Free bet/spin stake not included in any winnings. Ts&Cs Apply. 18+ begambleaware.org
#2
0% commission for 60 days
Use code COMMFREE to trade with 0% for 60 days. New UK, IE & Malta users only. Min. £10/€10 first deposit only using Card or Instant Banking. Full T&Cs apply.
#3
Up to £25 in Free Bets
New customers Only. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. 13 settled bets required to receive full £25 free bet. Qualifying bets must be placed on sportsbook within 30 days of opening account. One free bet offer per customer, household or IP address only. Free bets expires after 7 days. Payment method restrictions apply. T&C's apply. Please Gamble Responsibly.
#4
NRG bonus
NRG bonus
NRG
3/5
Bet £20 Get £10 Free Bet
UK Only, 18+, Sign Up using the Promo Code b20g10 and make a minimum deposit of £20. Then place a minimum £20 bet with minimum odds of Evens (2.00) and receive a £10 free bet upon bet settlement. T&Cs apply
#5
Betway bonus
Betway bonus
Betway
4/5
Get £10 in Free Bets
New customers only. This offer is valid for 7 days from your new account being registered. Min Deposit: £10. First deposit matched up to £10. 1 x wagering at odds of 1.75+ to unlock Free Bet. Debit Card deposits only (exclusions apply). Free bet will expire 7 days after the 1st deposit. 18+. BeGambleAware.org. Bet The Responsible Way. Full Terms apply
#6
Bet365 bonus
Bet365 bonus
Bet365
5/5
Bet £10 Get £30 in Free Bets
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Registration required. T&Cs, time limits and exclusions apply.
#7
Betfred bonus
Betfred bonus
Betfred
4/5
Bet £10 get £50 Free Bets
New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply
#8
Bet £10 get £10 in Free Bets
New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply
#9
Bet £10 Get £20 in Free Bets
*New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from crediting (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org
#10
BetMGM bonus
BetMGM bonus
BetMGM
4/5
Bet £10 to Get £40 in Free Bets
New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 4 x £10 Free Bets: 1 x £10 football, 1 x £10 horse racing & 2 x £10 Bet Builders. Free Bets cannot be used on e-sports and non UK/IE horse racing. 7 day expiry. Exclusions apply. Stake not returned. 18+

10 Betting Apps Similar to Betfair

Betting apps similar to betfair 1

The Betfair app is best known for its betting exchange. This feature allows punters to bet against each other, while featuring better odds in certain situations. There are also other betting apps like Betfair that also offer exchange-style betting which are perfect for those looking for a similar experience.

I enjoy using betting exchanges for types of bets that traditional sportsbooks may not cover. For example, entertainment categories like Eurovision and WWE can have more niche betting markets available on the exchanges.

If you like using betting exchanges and would like to check out a similar betting site like Betfair, there are a few licensed alternatives that are worth a try. Betfair is arguably the best betting exchange site and there are only a few platforms that feature a betting exchange, so we decorated our list with some all-rounder picks as well.

1. Spreadex

Offer Currently Unavailable

Spreadex is a betting exchange app like Betfair, with even more versatility to offer. Spreadex specialises in spread betting, and the platform also allows users to participate in financial markets.

Spreadex’s welcome bonus is quite appealing, and it has a wide market coverage, especially when it comes to football and horse racing categories. Considering the multi-functional approach of Spreadex, you can find various offers on its promotions page.

Pros Cons
Great bet builderThe interface could be confusing for new comers
Decent coverage of sports marketsLack of ewallet support, meaning no PayPal, Skrill, Neteller, Apple Pay, or PaysafeCard.
Spread betting

Place a qualifying £25 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. A first free £5 fixed odds bet will be credited upon settlement of the qualifying bet. 4 x following £5 free fixed odds bets will be added to your account on consecutive days. After each of your first two free fixed odds bet you will also get a free £5 Total Goals spread bet. Free bets and spins must be claimed within 28 days of opening. Free bet/spin stake not included in any winnings. Ts&Cs Apply. 18+ begambleaware.org


2. Smarkets

0% commission for 60 days

Smarkets is another solid alternative as it’s a betting app like the Betfair exchange. Smarkets is equipped with its own exchange, similar to Betfair, and takes pride in its low trading commissions. While it may not be noticeable, trading fees can eat up a noticeable amount of capital for frequent punters, and lower fees make that more bearable.

Smarkets lacks a competitive welcome bonus, but instead, it has a 0 percent commission offer for the first 60 days after signing up for the platform.

Pros Cons
Low trading commissionsThe exchange-focused nature requires time to adjust
Great infographics and visualsVerification processes could be faster
Personalised multi bet experience

Use code COMMFREE to trade with 0% for 60 days. New UK, IE & Malta users only. Min. £10/€10 first deposit only using Card or Instant Banking. Full T&Cs apply.


3. Paddy Power

Up to £25 in Free Bets

Paddy Power is Betfair’s sister site. The two have the same owner, but Paddy Power lacks the betting exchange. However, if you enjoy using Betfair, you can expect a similarly good experience on the Paddy Power app.

Paddy Power’s welcome bonus is generous and easy to claim, which also makes it one of the best betting apps with five pound minimum deposit. I generally check Paddy Power’s promotions tab whenever there’s a special sporting event as it can even have deals for esports.

Pros Cons
Decent promosCould be considered too UK-focused
Quick verification processLacks betting exchange despite being sister sites with Betfair
Fast payments

New customers Only. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. 13 settled bets required to receive full £25 free bet. Qualifying bets must be placed on sportsbook within 30 days of opening account. One free bet offer per customer, household or IP address only. Free bets expires after 7 days. Payment method restrictions apply. T&C's apply. Please Gamble Responsibly.


4. NRG

Bet £20 Get £10 Free Bet

The NRG app is a decent Betfair alternative with its easy-to-navigate user interface. It's optimised for mobile usage and core features like the bet builder are top notch. NRG is more of a newcomer to the UK betting scene compared to its rivals, but it closed the gap quickly with great in-play betting variety and a vast sportsbook.

NRG’s welcome bonus isn't the most competitive offer out there, but it still has one of the best betting apps experiences when it comes to user experience.

Pros Cons
Optimised mobile experienceNeeds to support more payment methods
Easy-to-navigate interfaceCould benefit from a stronger welcome offer
Wide sportsbook

UK Only, 18+, Sign Up using the Promo Code b20g10 and make a minimum deposit of £20. Then place a minimum £20 bet with minimum odds of Evens (2.00) and receive a £10 free bet upon bet settlement. T&Cs apply


5. Betway

Get £10 in Free Bets

The Betway app is similar to Betfair in terms of its market coverage of UK sports. Betway is more global, though, and this makes it easier for punters to use the app outside of the UK. Betway may not have the most diverse sportsbook, but the level of depth it offers for the categories featured on its platform is unmatched.

Betway’s welcome offer is decent, and it also allows punters to test out other portions of the platform, like the casino. Both the mobile and the desktop interface feature simple designs, but they could certainly benefit from some modern touch ups.

Pros Cons
Decent coverage of UK sportsThe design could use a refresh
Global brandCustomer service is slightly difficult to navigate
Weekly rewards

New customers only. This offer is valid for 7 days from your new account being registered. Min Deposit: £10. First deposit matched up to £10. 1 x wagering at odds of 1.75+ to unlock Free Bet. Debit Card deposits only (exclusions apply). Free bet will expire 7 days after the 1st deposit. 18+. BeGambleAware.org. Bet The Responsible Way. Full Terms apply


6. Bet365

Bet £10 Get £30 in Free Bets

If you enjoy using the Betfair app, there’s a decent chance you’ll feel right at home with the Bet365 app. Bet365 is arguably the most popular betting brand in the world and it’s packed with features like cash-out, a robust bet builder, and a great in-play betting interface.

Bet365’s sign up bonus offers decent value. It may not have a betting exchange, but it certainly makes up for its absence by being the best at every other aspect.

Pros Cons
Excellent bet builderCould support more ewallets
Great in-play betting options with super infographicsThere’s room for more innovative promos
Cash-out options

Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Registration required. T&Cs, time limits and exclusions apply.


7. Betfred

Bet £10 get £50 Free Bets

The Betfred app is a staple choice for many UK punters, and it’s for a good reason. If most of your betting activity concentrates on football and horse racing, Betfred will be a decent Betfair alternative.

Betfred also features one of the most high-value betting bonuses. The platform excels in live streaming as well, and Betfred has been my go-to betting app if I’m also looking to spectate the games on my bet slip.

Pros Cons
Reputable brandThe mobile interface could benefit from a visual update
Excellent horse racing and football coverageCould extend its niche market coverage
Plenty of payment options

New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply


8. BoyleSports

Bet £10 get £10 in Free Bets

The BoyleSports app is another great Betfair alternative with excellent live streaming coverage. The design on the BoyleSports mobile app is easy-to-use and clean.

The BoyleSports app rotates around a couple of welcome bonuses throughout the year and most offer decent value. BoyleSports supports a variety of payment options so onboarding the platform is relatively simple.

Pros Cons
Great live streaming coverageShop-only promos could be difficult to claim for online-only users
Simple and easy-to-use mobile designCould increase the level of variety in niche markets
Decent variety of payment options

New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply


9. LiveScore Bet

Bet £10 Get £20 in Free Bets

The LiveScore Bet app is a solid pick as a Betfair replacement with a superb interface and a large range of markets. Before stepping into the betting world, LiveScore bet was already a prime destination for many punters looking to get live score updates. The app continues the brand’s signature simple design.

LiveScore Bet’s sign up bonus offer is decent and the platform’s website is as good as its mobile app when it comes to the overall user experience.

Pros Cons
Decent infographicsCould benefit from adding more payment options
Simple interface both on mobile and desktopNeeds more engaging promos
Live streaming availability

*New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from crediting (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org


10. BetMGM

Bet £10 to Get £40 in Free Bets

The BetMGM app entered the UK market strongly. BetMGM is quite easy to navigate around both on desktop and mobile. The sportsbook covers all the essentials and there are also plenty of promotions for existing users. Considering the level of activity when it comes to promos on the BetMGM app, it emerges a worthy competitor Betfair.

BetMGM’s welcome bonus is one of the better ones out there and it rewards punters with credits that can be used on different categories on the app.

Pros Cons
Reputable name in the global entertainment industryDespite a simple layout, the website could be slow to load at times
Great welcome bonusNeeds to add more payment options
Excellent promos to retain user engagement

New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 4 x £10 Free Bets: 1 x £10 football, 1 x £10 horse racing & 2 x £10 Bet Builders. Free Bets cannot be used on e-sports and non UK/IE horse racing. 7 day expiry. Exclusions apply. Stake not returned. 18+

What is a betting exchange?

Betting apps similar to betfair 2

A betting exchange allows users to bet against each other. This creates a peer-to-peer system when it comes to setting odds, so the model typically leads to better value for users.

Betting exchanges are more flexible and they can also feature markets which aren't available in sportsbooks. As a general rule of thumb, you may also want to check in with betting exchanges before placing a bet on a sports book to see whether there are better odds available.

How does a betting exchange work?

A betting exchange works by matching two people who want to bet on opposite outcomes. One person backs a result (bets that it will happen), while the other lays the same result (bets that it won’t happen). The exchange pairs these bets and charges a small fee on any winnings.

In the most basic terms, participants in exchange betting cover each other’s potential winnings.

Betting Exchange vs. Traditional Bookmakers — Which one should you use?

Betting exchanges give punters more control. You can often find better value on betting exchanges, especially on platforms with lower bookmaker fees. You should use betting exchanges if you prioritise flexibility, better odds, or just to bet on niche markets not offered by standard sportsbooks.

Traditional betting apps, on the other hand, are easier for beginners. You should use a traditional bookmaker if you want the level of simplicity where you just pick an outcome and place the bet. Such bookmakers also tend to be more generous with promos, so they can offer decent value in the long-run as well.

Pros and Cons of Betting Exchanges

Pros ✅Cons ❌
Can have odds than traditional bookmakersMore complex to understand for beginners
More options in certain betting marketsLiquidity issues in low-traffic markets
Lower commission fees vs. bookmaker marginLimited promotions and bonuses
Better flexibility in setting your own oddsSlower bet matching during off-peak hours

Tips and Tricks While Using Betting Exchanges

Betting apps similar to betfair 3

Betting exchanges become easier to use once you learn the ropes. If you’re just getting started, though, the following tips and tricks should help you get the most out of betting exchanges:

  • Beware of low-liquidity betting markets: Avoid placing large bets on unpopular events with limited users.

  • Watch market movements: Odds on betting markets can fluctuate based on user sentiment. If you’re looking to bet on an outcome, acting early could help you secure better odds.

  • Always compare odds: Even while using a betting exchange, you should continue to compare odds with other platforms to ensure you’re getting the best deal possible.

Betting Exchange FAQs

What is the alternative to Betfair Exchange?

The best alternatives to the Betfair Exchange are Spreadex and Smarkets.

What is the best exchange betting site?

The best betting exchange in the UK is Betfair and it also tops its close competition in other areas as well, like ease-of-use and sportsbook coverage.

Are betting exchanges legal?

Yes, betting exchanges are legal as the platforms have to follow lots of compliance rules. You should only use betting exchanges that are offered by fully regulated betting apps.