Many players have questions about betfairs.co.no before they deposit their first euro — here are the honest answers. This guide walks you through everything from sign-up to wagering calculations, safety checks, payment methods, and common troubleshooting. Whether you are new to online betting or just curious about how Betfair works in Norway, you will find practical steps and clear explanations below.
What You Need First
Before you start, make sure you have the following ready:
- A valid email address that you check regularly
- A mobile phone number for verification (SMS code)
- Personal identification: Norwegian ID number or passport for KYC checks
- A payment method: bank card, e-wallet, or bank transfer
- Stable internet connection, ideally on a mobile device or computer
- Legal age: you must be 18 years or older to bet in Norway
How to Sign Up
- Go to the Betfair website using your browser. The site is mobile-optimized, so it works well on phones and tablets.
- Click the “Registrer” or “Bli med” button, usually in the top right corner.
- Fill in the registration form with your personal details: name, date of birth, address, and contact information.
- Choose a username and a strong password. Use a mix of letters, numbers, and special characters.
- Verify your email by clicking the link sent to your inbox.
- Complete the phone verification by entering the SMS code you receive.
- Make your first deposit using one of the available payment methods (see below).
- Claim your welcome bonus if you wish, and start betting.
Wagering Calculation
Understanding how wagering requirements work is crucial when you take a betfair bonus. Let’s break it down with a concrete example.
Suppose you deposit 500 NOK and receive a 100% match bonus, giving you a total of 1000 NOK. The bonus terms often require you to wager the bonus amount a certain number of times. Let’s say the wagering requirement is 5x the bonus amount.
Calculate the required turnover:
Bonus = 500 NOK. Wagering requirement = 5x bonus = 500 * 5 = 2500 NOK.
So you must place bets totaling at least 2500 NOK before you can withdraw any winnings from the bonus.
But note: different games contribute differently. For example, slots might count 100% towards the requirement, while table games like blackjack might only count 10% or even 0%. Let’s calculate with a 10% contribution for live casino games:
If you want to use live casino to meet the requirement, you need to wager 2500 / 0.10 = 25000 NOK in those games. That is a huge difference, so always check the contribution percentages.
Another important factor: time limits. Many bonuses must be used within 30 days. If you do not meet the wagering requirement in time, the bonus and any winnings may be forfeited.
Also, maximum bet limits often apply. For example, if the max bet per round is 50 NOK, you cannot speed up the process with high-stakes bets. A 2500 NOK requirement at 50 NOK per bet means at least 50 bets.
Always calculate your effective bonus value: if the wagering requirement is too high, the bonus might not be worth it. For a 500 NOK bonus with 5x requirement, the value depends on the house edge. If you play slots with an RTP of 96%, the expected loss over 2500 NOK wagering is 4% of 2500 = 100 NOK. So the expected profit from the bonus is 500 – 100 = 400 NOK, assuming you play perfectly. That’s a good deal.
But if the requirement is 35x on deposit + bonus, the turnover becomes 35 * 1000 = 35000 NOK, and the expected loss is 4% of 35000 = 1400 NOK, which exceeds the bonus amount. In that case, the bonus may be unprofitable.
| Scenario | Bonus (NOK) | Wagering (x) | Required Turnover (NOK) | Expected Loss (RTP 96%) |
|---|---|---|---|---|
| Deposit 500, 100% bonus | 500 | 5x bonus | 2500 | 100 |
| Deposit 1000, 50% bonus | 500 | 10x bonus | 5000 | 200 |
| Deposit 200, 200% bonus | 400 | 20x deposit+bonus | 12000 | 480 |
Is It Safe?
Betfair is a well-known betting exchange and casino operator with years of experience. However, for Norwegian players, it is important to note that Betfair operates under a Curacao license (or in some cases a Maltese license, but often for Nordic markets it is Curacao). This means that your winnings may be subject to local income tax in Norway.
Here is a user tip: if you win a large amount, you must report it to the Norwegian tax authorities. Depending on your total income, you might owe taxes. Unlike casinos licensed in Norway or the EU/EEA, Curacao-licensed sites do not guarantee tax-free winnings.
Security-wise, Betfair uses SSL encryption to protect your data, and they have a strict KYC (Know Your Customer) process. This ensures that only verified players can withdraw money. However, the lack of a local license means you have no recourse to Norwegian gambling authorities if a dispute arises. Always read the terms and conditions carefully.
We recommend that you only gamble with money you can afford to lose, and never chase losses. Set limits for yourself and stick to them.
Payment Methods
Betfair offers several payment options for Norwegian players. Below is a table with typical processing times and fees:
| Method | Deposit Time | Withdrawal Time | Fees |
|---|---|---|---|
| Visa/Mastercard | Instant | 1-3 banking days | Possibly low fees from bank |
| Trustly | Instant | Up to 24 hours | Usually free |
| E-wallets (Skrill, Neteller) | Instant | Up to 24 hours | Withdrawal fees may apply |
| Bank Transfer | 1-3 banking days | 3-5 banking days | Bank fees |
| Paysafecard | Instant | Not available | Prepaid, no withdrawals |
Note that the availability of methods may vary depending on your country. Some methods are not available for all players. For deposits, the minimum amount is typically around 100 NOK, and for withdrawals, the minimum is often 100 NOK as well.
Always check the current terms for fees, as they can change. Some e-wallets charge a fee for withdrawals, so consider that when choosing your method.
Troubleshooting
Here are common issues and how to solve them:
- Problem: I forgot my password
- Click “Glemt passord” on the login page. Enter your email address and follow the reset link sent to your inbox.
- Problem: My deposit is not showing up
- Check your payment confirmation. Sometimes bank transfers take a few days. If it’s been more than 24 hours, contact support with your transaction ID.
- Problem: Withdrawal is pending for a long time
- Usually withdrawals are processed within 24-48 hours, but it can be longer during weekends. If it exceeds 5 days, contact support.
- Problem: I cannot log in because of 2FA issues
- Make sure your mobile phone is with you and that you enter the correct code. If the code is not received, check for network issues or try again after 30 seconds. If problems persist, contact support.
- Problem: My account is frozen after KYC
- You may need to provide additional documents. Check your email for requests, and upload the required ID and proof of address.
- Problem: The bonus is not credited
- Check if you entered a bonus code during registration or deposit. Also, some bonuses are only available once per person. Contact support if you think you qualify.
Worth Knowing
Betfair has a loyalty program for regular players. It typically has several tiers, from Bronze to Diamond. You earn points by placing real-money bets; the more you bet, the more points you accumulate. These points can be exchanged for free bets, merchandise, or cash. Higher tiers offer faster withdrawals, personal account managers, and exclusive bonuses.
For example, you might earn 1 point for every 10 NOK wagered. At 1000 points, you could get a 50 NOK free bet. The program is free to join, and you are automatically enrolled when you register. Check your account for the current details.
Quick Answers
Is Betfair legal in Norway?
Betfair holds a license from Curacao, which allows them to operate internationally, but Norwegian authorities do not regulate foreign licenses. Online betting is generally not legal in Norway unless the operator has a local license, but many Norwegians still use such sites.
How long do withdrawals take?
Withdrawal times depend on the method. E-wallets usually take up to 24 hours, while bank transfers may take 3-5 banking days. The casino processes withdrawals within 24-48 hours after approval.
Is the welcome bonus worth it?
It depends on the wagering requirements. Use the calculation method above to assess the value. A bonus with 5x wagering on a slot with high RTP is usually good, while 35x requirements are less attractive.
Can I bet on sports with Betfair?
Yes, Betfair is known for its betting exchange, where you can bet against other users. They also offer traditional sports betting on many events.
Does Betfair have an app?
Betfair offers a mobile-optimized website that works well on all devices. For a more app-like experience, you can add the page to your home screen as a progressive web app (PWA) — it launches from the browser but feels like a native app.
What is the minimum age to play?
You must be at least 18 years old to open an account and place bets. Additionally, you must comply with any local age restrictions.
How do I contact support?
You can reach customer support via live chat, email, or phone. The live chat is available 24/7 and usually responds within minutes.
Can I set deposit limits?
Yes, responsible gambling tools are available in your account settings. You can set daily, weekly, or monthly deposit limits, as well as time-outs and self-exclusion.
In conclusion, Betfair offers a robust betting platform with numerous options for Norwegian players. While the tax situation for Curacao-licensed casinos requires careful consideration, the site itself is secure and reliable. Always gamble responsibly and understand the terms before claiming a betfair bonus. By following the steps and calculations in this guide, you can make informed decisions and enjoy online betting safely.