Betfair

  www.betfair.com
  www.betfair.com

Betfair Reviews

Updated November 20, 2014
Updated November 20, 2014
104 Reviews
2.9
104 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Betfair CEO Breon Corcoran
Breon Corcoran
40 Ratings

Review Highlights

Pros
  • Then you meet the great people who all share the thirst to take on the challenges and deliver (in 8 reviews)

  • Good Environment,good people,fun events, television all over the company (in 6 reviews)


Cons
  • Some projects had unrealistic timelines that led to long hours and really was affecting my work-life balance (in 5 reviews)

  • takes too long to get anything done, too much turnover amongst senior members of staff and therefore no clear direction (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Good people, flawed environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Betfair full-time (more than 3 years)

    Pros

    Deeply invested in agile processes. Some very good, capable people. Good work both within and between teams (for the most part).

    Cons

    Some weak individuals at surprisingly high levels for such a generally good company. Poor corporate structure for technology delivery, split between two CxO's.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 3 people found this helpful  

    Prison would have been more enjoyable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Trading in Dublin, Dublin (Ireland)
    Former Employee - Trading in Dublin, Dublin (Ireland)

    I worked at Betfair full-time (more than 3 years)

    Pros

    The management team are so inept at Trading that you could tell them whatever you want and they'd believe you.

    Cons

    I think it was South Park that called someone a 'succubus' - a woman from hell sent to earth to suck the life out of you and spit you out. Something similar applies here to the Trading managers. Except you will get excreted on too. You will get run into the ground for little reward. If you show you are capable you are in trouble.

    Advice to ManagementAdvice

    Leave

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Sold its soul when floated and turned staff into robots

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Market Operator in London, England (UK)
    Former Employee - Market Operator in London, England (UK)

    I worked at Betfair full-time (more than 8 years)

    Pros

    Lots of great, committed people in my department creating very friendly atmostphere.
    Getting the days off/shifts you wanted (within reason) was generally fairly easy as long you planned ahead.
    Relaxed policies towards internet use and watching sport/television in office helped create a relaxed atmosphere and made quiet periods more enjoyable.

    Cons

    Unsocialble hours with absolutely no reward for working them. Working Xmas day didn't even get time and a half.

    Career progression/promotion is totally unfair and based on location and making sure the department flow chart doesn't get messed up. Because my department had a group of loyal people who stayed for 8-10 years, very few positions to get promoted opened up in the London office. Instead of changing the flow-chart they decided to let some brilliant, talented staff be held in their starting role and wasted for 5-10 years while someone could join the Stevenage office and get promoted to team lead within months simply because the flow-chart opened up in that office.

    The market management console got outdated very quicky and upgrades were woefully slow in coming. If there was a workaround then according to managment it didn't need upgrading, even if it meant a task which should take seconds could take an hour.

    Had fabulous staff events when I started in 2003, summer & Xmas parties, all you can drink racedays/golf days, after work drinks/parties for individual departments. Pretty much all of these disappeared as time went on to the point where they didn't even have a Xmas party the year before I left.

    Advice to ManagementAdvice

    Betfair was the one company in the gambling industry with a genuine unique selling point. Now it's just becoming another dime-a-dozen sportsbook. Floatation came and as a result staff came last in their concerns, it was all about satisfing the shareholders. Slashing the workforce and pay rates so that Betfair fell into line with industry standards means loyalty and satisfaction amongst staff was gone by the time I left.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Changing for the better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Betfair full-time (less than an year)

    Pros

    Huge appetite to change and shrug off some of the complacency of the past. Recognition that it operates in an incredibly tough and competitive market, and that only the fittest will survive. Growing a culture of continuous improvement and excellence. Truly international company with an engaged workforce in London, Dublin, Portugal, Gibralta, Malta, Romania and the US, as well as many other locaitons.

    Cons

    There's so much to do that it is not easy to tell what is most important. Needs very clear direction from the top to make sure the right priorities are established.

    Advice to ManagementAdvice

    Continue to share the vision for the company with the employees in as much detail as possible. Don't assume they aren't interested - there is a real thirst to know how Betfair will win.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great place to work, pity about the redundancies

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Developer in London, England (UK)
    Former Employee - Software Developer in London, England (UK)

    I worked at Betfair full-time (more than an year)

    Pros

    It's commitment to continuous delivery, automated testing and other processes that make a software engineer happy, like fast-paced agile process and code quality standards.

    Cons

    There were redundancies of 10% of IT after my first year working there, during which they asserted that next year there would not be any more redundancies. Next year there were redundancies of 50% of IT. A lot of work is moving to Romania and Portugal now. The company had some great people working for it that now work elsewhere.

    Recommends
    Negative Outlook
    Disapproves of CEO
  7.  

    They look after staff

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Betfair part-time (less than an year)

    Pros

    flexible with commitments, no problems booking time, fun

    Cons

    none that come to mind really

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Have more respect for yourself than working for Betfair.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Promotions Team in Dublin, Dublin (Ireland)
    Current Employee - Promotions Team in Dublin, Dublin (Ireland)

    I have been working at Betfair full-time (more than an year)

    Pros

    Your next job will seem like a breeze.

    Cons

    Top heavy. No organisation or structure had three team changes in 4 months. A lot of bullying and back stabbing. Expected to work crazy hours for minimal reward. Turnover of staff is ridiculously high. The whole fun place to work is a complete joke, especially when your manager is harassing you at night and days off with emails and phone calls. Pity I seen the ladder for growth get taken up the minute you join. The product they offer is below par against any of the main players.

    Advice to ManagementAdvice

    Cut the fat and stop looking down your noses a the people on the frontline.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    We are shrinking....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Msida (Malta)
    Former Employee - Anonymous Employee in Msida (Malta)

    I worked at Betfair full-time (more than 3 years)

    Pros

    Very friendly environment, competitive salaries for current company's size.

    Cons

    The company is shrinking day by day, lack of communication and empathy from management, micromanagement, lack of opportunities, too many meetings and too many people involved for minor decisions.

    Advice to ManagementAdvice

    Stop pretending that you care for the employees and take actions proving it. Give more opportunities, stop micromanaging.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    No value placed on employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sports Trading in Dublin, Dublin (Ireland)
    Current Employee - Sports Trading in Dublin, Dublin (Ireland)

    I have been working at Betfair full-time (less than an year)

    Pros

    Can watch live sport, reasonably relaxed atmosphere, free tea/coffee, everyone has interest in sport. Career progression is Ok, there are opportunities, just don't expect to get the financial reward that you deserve.

    Cons

    Very poor morale. Extremely low wages, very poor communication from middle level management. Not very flexible when dealing with the anti social hours you are required to work. Don't even bother introducing new employees to their new workmates. Experienced members of staff dont bother introducing themselves to the new employees even when they need their help with a project/task. Pretty poor training and performance feedback also despite some effort made to standardise it, what they say and what happens

    Advice to ManagementAdvice

    The low wages/ high staff turnover policy won't work forever.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  11.  

    It was very short as Betfair was going through a period of downsizing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - CRM Manager in London, England (UK)
    Former Employee - CRM Manager in London, England (UK)

    I worked at Betfair full-time (less than an year)

    Pros

    The people where quite friendly and the culture is relaxed.

    Cons

    During the specific period, I felt there was no clear structure or career path. Also there was a lack of communication between upper management and the rest of the company.

    Advice to ManagementAdvice

    Try to empower people, share your plans and vision in a clear and honest way.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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