# The best Betfair alternatives in Australia

> Betfair is Australia's only licensed exchange, so every alternative is a licensed bookmaker: you bet at its fixed odds instead of against other punters. In return you get bigger apps, round-the-clock support and more ways to pay.

- URL: https://safebet.ai/au/prediction-markets/betfair-alternatives/
- Markdown version: https://safebet.ai/au/prediction-markets/betfair-alternatives/index.html.md
- Last updated: 2026-10-25 (re-checked when an operator changes its terms or a regulator or court acts)
- Author: SafeBet.ai Research Team (SafeBet.ai)
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## Why look for a Betfair alternative?

- Detailed Australian election markets: bet365 publishes rules for seat totals, two-party preferred vote share and a hung parliament.
- Faster payouts and 24/7 help: PointsBet says most withdrawals arrive within 30 minutes, and answers by chat and phone around the clock.
- Prices shown as probabilities: Bet Right's InfoMarket shows yes/no prices in cents, like a prediction market, though each trade is a bet with the bookmaker.

## The best Betfair alternatives

### 1. bet365 — Most detailed election markets (8.5/10)

bet365 publishes the most detailed Australian election rules we found, settles seat markets on the AEC's Declaration of Poll, and answers by chat and phone 24/7.

[bet365 review](https://safebet.ai/au/prediction-markets/bet365-review/)

### 2. PointsBet — Quick withdrawals (7.8/10)

PointsBet publishes politics, entertainment and novelty rules, pays most withdrawals within 30 minutes and has 24/7 support.

[PointsBet review](https://safebet.ai/au/prediction-markets/pointsbet-review/)

### 3. Bet Right — Yes/no prices in cents (7.2/10)

Bet Right's InfoMarket shows outcomes as yes/no prices from 1c to 99c, the nearest look to Polymarket in Australia; legally each trade is a fixed-odds bet with Bet Right.

[Bet Right review](https://safebet.ai/au/prediction-markets/betright-review/)

## Other options

- **TAB:** Tabcorp's TAB is licensed state by state; its NSW betting rules allow election and novelty markets, except on NSW state and council elections. We haven't reviewed it yet.

## Why Polymarket isn't an alternative

Polymarket holds no Australian licence, ACMA has put polymarket.com on its list of blocked illegal gambling websites, and Polymarket itself lists Australia among the countries it restricts. Offering unlicensed betting to people in Australia breaches the Interactive Gambling Act.

Our guides explain more: [is Polymarket legal in Australia?](https://safebet.ai/au/guides/is-polymarket-legal-in-australia/) and [are prediction markets legal in Australia?](https://safebet.ai/au/guides/are-prediction-markets-legal-in-australia/)

## When to stick with Betfair

Stick with Betfair if you want to trade outcomes against other punters, lay as well as back, and pay a published commission instead of a bookmaker's margin.

## Comparison

| # | Event betting site | Score | Licence | Type | Event markets | Commission or margin | Payments | Apps |
|---|---|---|---|---|---|---|---|---|
| 1 | [Betfair](https://safebet.ai/au/prediction-markets/betfair-review/) | 8.5/10 | Betfair Pty Ltd, NT betting exchange licence | Betting exchange: back or lay against other punters | Elections and politics, awards, sport and racing | Commission on net winnings: 6% on sport (politics rate not published) | Debit card ($10), PayPal ($15), Osko/PayID ($30) | iOS 4.5 · Android 4.2 |
| 2 | [bet365](https://safebet.ai/au/prediction-markets/bet365-review/) | 8.5/10 | Hillside (Australia New Media) Pty Ltd, NT | Bookmaker (fixed odds) | Australian, UK and US elections; Eurovision, weather and TV specials | Margin built into the odds (not published) | Debit card, Apple Pay, Google Pay ($5), PayID, PayPal; withdrawals 1–4 hours | iOS 4.7 · Android 4.6 |
| 3 | [PointsBet](https://safebet.ai/au/prediction-markets/pointsbet-review/) | 7.8/10 | Pointsbet Australia Pty Ltd, NT | Bookmaker (fixed odds) | Elections, US and UK/European politics, entertainment and novelty | Margin built into the odds (not published) | Debit card, Apple Pay, Google Pay, PayID, PayTo ($5); withdrawals usually within 30 min | iOS 4.6 · Android 3.3 |
| 5 | [Bet Right](https://safebet.ai/au/prediction-markets/betright-review/) | 7.2/10 | IRPSX Pty Ltd (Bet Right), NT | Bookmaker with exchange-style yes/no prices (InfoMarket) | Sport, Bitcoin and Ethereum prices, politics where approved | Prices in cents (1c–99c), margin included (not published) | Not verified (its sites blocked us) | iOS 4.7 · Android 4.7 (Bet Right app) |

## Frequently asked questions

### What is the best alternative to Betfair in Australia?

[bet365](https://safebet.ai/au/prediction-markets/bet365-review/) for detailed Australian election markets and 24/7 support, or [Bet Right's InfoMarket](https://safebet.ai/au/prediction-markets/betright-review/) if you want prices shown as probabilities.

### Is there another betting exchange in Australia?

No. The NT Wagering Commission's 2025–26 annual report lists one betting exchange brand, and Betfair calls itself Australia's only online betting exchange. Every other licensed option is a bookmaker.

Full ranking: [Best event betting sites in Australia](https://safebet.ai/au/prediction-markets/)