Betfair has a standard commission rate of 5%. That applies to almost every sport, in every country, around the globe & except Australia. Due to the differing fees charged by the NRL and the various racing commissions, Betfairs commission rate in Australia is variable.

To opt into paying just 2% commission, simply visit the 'My Account' section of your Betfair account and select the 'Basic' rewards plan. The 2% commission rate will be applied to your account immediately and you can start making those commission savings.

For this reason alone, Betfair has no reason to ban or close your account when you should win. This is what Betfair first became famous for; peer-to-peer betting. Whilst the Exchange account won't be closed for winning, there is an additional commission rate.

Betfair is a British gambling company founded in 2000. It operates the world's largest online betting exchange. Its product offering also includes sports betting, online casino, online poker, and online bingo.