- Bookie Ledger
- Betting operators on our matrix, A to Z
- Betfair in Ireland: bookmaker and exchange entries in the register
- How does Betfair describe the commission it charges on the exchange?
Operator detail
How does Betfair describe the commission it charges on the exchange?
Betfair Exchange appears in our register snapshot as an intermediary entry, licence GRAI-1074-RBI-26-0001, held by Betfair International plc since 11 August 2026. The commission rate and the conditions that change it are not yet recorded here. The worked examples use invented rates and say so.
Which Betfair entry covers the exchange?
| Field | Value in the snapshot |
|---|---|
| Trading name | Betfair Exchange |
| Licensee | Betfair International plc |
| Licence no. | GRAI-1074-RBI-26-0001 |
| Type | RBI (remote betting intermediary) |
| Issue date | 11 August 2026 |
| Status on 7 November 2026 | Register card not yet re-read |
In the same snapshot the Betfair bookmaker brand sits under a different licensee, PPB Counterparty Services Limited, with an RB licence. Exchange questions belong to the RBI entry.
How does Betfair state its commission?
| Item | What is published | Where |
|---|---|---|
| Charge model | Could not be verified on 7 November 2026 | Could not be verified on 7 November 2026 |
| Rate | Could not be verified on 7 November 2026 | Could not be verified on 7 November 2026 |
| Conditions that change the rate | Could not be verified on 7 November 2026 | Could not be verified on 7 November 2026 |
| Date of the page | Could not be verified on 7 November 2026 | Could not be verified on 7 November 2026 |
We publish no rate until it is quoted from the source.
How is commission different from a bookmaker's margin?
A bookmaker's margin is built into its odds. Take three outcomes at 2.50, 3.20 and 3.10: the implied probabilities add to 103.51%, an overround of 3.51% (example numbers).
Exchange commission is a separate charge named in the exchange's rules, which is why Betfair's own wording is the source to record. This page compares nothing between operators.
What does a commission look like in numbers?
Example: a back bet of €10.00 at decimal 3.00 wins. The return is €30.00 and the net winnings are €20.00. The rates below are invented.
| Example rate | Commission | Net winnings after commission |
|---|---|---|
| 2% | €0.40 | €19.60 |
| 5% | €1.00 | €19.00 |
| 8% | €1.60 | €18.40 |
In short
Bottom line: The exchange has an RBI entry in our snapshot; Betfair's own commission wording is still to be recorded, and the examples use invented rates.
Where to go next
- bet365 cash out and settlement rules: settlement rules table
- William Hill payments: method by method
- Debit cards: cards and the credit-card ban
- BOYLE Sports safer-gambling tools: limits, breaks, exclusion
18+ only. Gambling can be addictive – play responsibly. Set limits, take breaks and never bet more than you can afford to lose. Free 24/7 support: Gambling Awareness Trust helpline 1800 936 725 · gamblingcare.ie.
Sources
- GRAI licence register, register snapshot read on 6 November 2026 (last updated 20 October 2026); to be re-read before release.
- Betfair Exchange rules and charges page: URL and date to be recorded.
What changed
First version, 7 November 2026. There is no earlier version to compare with.