William Hill vs. Betfair: Which Sportsbook Offers Better Value?

William Hill and Betfair are two of the biggest names in the betting industry, each offering a unique experience for bettors. William Hill is a traditional bookmaker with decades of history, while Betfair is a betting exchange that allows users to bet against each other.

This comparison breaks down key factors like odds, market selection, promotions, live betting, and features to determine which sportsbook offers better value for bettors.

Overview of William Hill & Betfair

William Hill

  • Founded: 1934
  • Type: Traditional sportsbook
  • Best For: Casual bettors, fixed odds betting, high-street presence
  • Strengths: Large market selection, retail shops, strong promotions

Betfair

  • Founded: 2000
  • Type: Betting exchange & sportsbook
  • Best For: Experienced bettors, value seekers, traders
  • Strengths: Better odds, trading options, lower margins on exchanges

Odds & Pricing: Who Offers Better Value?

One of the biggest differences between William Hill and Betfair is how they price their odds.

William Hill Odds

  • Traditional bookmaker with fixed odds set by traders.
  • Includes bookmaker margins, which reduce value slightly.
  • Often offers best odds guaranteed on horse racing.

Betfair Odds

  • Betfair Exchange offers peer-to-peer betting, meaning odds are often better than bookmakers.
  • No bookmaker margin, but a commission (typically 2-5%) is charged on winning bets.
  • The Betfair Sportsbook (separate from the Exchange) functions like a regular bookmaker.

Winner: Betfair Exchange generally offers better odds than William Hill due to its exchange model, but casual bettors may prefer the simplicity of fixed odds at William Hill.

Betting Markets & Sports Coverage

William Hill

  • Extensive coverage of football, horse racing, tennis, basketball, and US sports.
  • Wide variety of bet types, including Bet Builders, accumulators, and #YourOdds requests.
  • Strong esports and novelty markets.

Betfair

  • Covers all major sports but excels in exchange betting markets.
  • Best for trading bets in-play, especially in football and horse racing.
  • Wide range of unique markets not always available with traditional bookmakers.

Winner: William Hill for traditional betting options and variety, but Betfair is superior for exchange betting and trading opportunities.

Live Betting & Streaming

William Hill

  • Strong in-play betting with fast odds updates.
  • Live streaming available for horse racing, football, tennis, and basketball.
  • Cash-out feature available on most live markets.

Betfair

  • Betfair Exchange allows users to trade bets live, offering greater flexibility.
  • Live streaming is available for horse racing and select football & tennis matches.
  • In-play liquidity is strong, meaning active markets for live traders.

Winner: Betfair is better for live trading, but William Hill offers a more traditional live betting experience with strong streaming coverage.

Bonuses & Promotions

William Hill

  • Welcome Offer: Bet £10, get £30 in free bets.
  • Regular football and horse racing promotions.
  • Acca insurance & enhanced odds specials.

Betfair

  • Welcome Offer: Up to £100 in free bets (split into smaller credits).
  • Cashback on Exchange commission for new users.
  • Daily price boosts and promotions on Betfair Sportsbook.

Winner: William Hill has simpler, easier-to-claim bonuses, while Betfair’s promotions are better suited for experienced bettors who use the exchange.

Mobile Betting Experience

William Hill App

  • User-friendly, quick bet placement, and smooth navigation.
  • Integrated live streaming and cash-out options.
  • Available on iOS and Android.

Betfair App

  • Two separate apps: Betfair Sportsbook and Betfair Exchange.
  • Advanced features for trading, including price graphs and live markets.
  • A learning curve for new users.

Winner: William Hill offers a simpler experience, while Betfair’s apps provide more tools for serious bettors.

Banking Options & Payout Speed

William Hill

  • Deposit Methods: Debit cards, PayPal, Skrill, Neteller, Apple Pay, bank transfer.
  • Withdrawal Time: 1-3 days for most methods, instant for some e-wallets.

Betfair

  • Deposit Methods: Debit cards, PayPal, Skrill, Neteller, bank transfer.
  • Withdrawal Time: 12-24 hours for e-wallets, 2-5 days for bank transfers.

Winner: Betfair offers faster withdrawals on average, but both have a good range of banking options.

Pros & Cons of William Hill vs. Betfair

William Hill Pros

  • Great for casual bettors with simple betting markets.
  • Strong retail presence for in-store betting.
  • Frequent promotions and best odds guaranteed on horse racing.

William Hill Cons

  • Odds include bookmaker margin, reducing value.
  • Less suited for professional bettors looking for value.

Betfair Pros

  • Best odds available on the Exchange.
  • More flexibility with in-play trading and cash-out options.
  • Great for serious bettors who want to remove bookmaker margins.

Betfair Cons

  • Exchange model requires learning and is not ideal for beginners.
  • Commission on winning bets reduces profit.

Final Verdict: Which Sportsbook is Better?

The best choice depends on your betting style:

  • If you prefer a traditional bookmaker with promotions, retail shops, and fixed odds, William Hill is the better choice.
  • If you want the best odds, exchange betting, and in-play trading options, Betfair Exchange offers superior value.
  • If you’re a casual bettor, William Hill is easier to use.
  • If you’re a serious bettor looking for long-term profitability, Betfair is the smarter option.

Both sportsbooks have strengths, so it ultimately depends on what you’re looking for in a betting platform.

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Joseph McCartney

My initial goal in understanding the world of sports betting was to improve my own strategies and decision-making. Over time, this has evolved into a commitment to sharing valuable insights with a wider audience. Betting is more than just luck—it requires knowledge, discipline, and smart strategies. By providing expert guides, bookmaker reviews, and betting insights, my aim is to help others make informed decisions and approach betting responsibly. Information is power!


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