Betfair

www.betfair.com

Betfair Reviews

Updated January 17, 2015
Updated January 17, 2015
111 Reviews
3.1
111 Reviews
Rating Trends

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

Review Highlights

Pros
  • Then you meet the great people who all share the thirst to take on the challenges and deliver (in 10 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

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  1.  

    Telebroker,on course market opps,Betfair education and customer recruiting at live events

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

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

    Pros

    Enjoyed the variety working for other departments,even if it did mean doing 70+ hours a week. Fellow telebrokers were willing to swap shifts with me to enable me to carry out duties for other departments

    Cons

    The challenges were mainly having to cope with the majority of middle managers who were absolutely clueless,and in most cases useless. I encountered at least 10 in my time (mainly because of the different departments i worked for),MOST appeared to have been employed ONLY on who they knew rather than what they knew!! I was there in the pre-flotation days,and although Betfair made profits in those days,those profits were a LOT LESS than they should have been due to CLOWNS at the top. I was mainly in Stevenage where the director was about as much use as using a hockey stick to return a Nadal serve!! A departmental manager once told me 'We pulled the wool over her eyes left,right and centre' The result was the employment of more 'yes' people who were of little use in driving the company forward and were just an unnecessary expense. In my early working years (not in the betting industry) I was told by the oldboy of my department that a person at the top won't employ someone better than him/her because they will be a threat,so he employs someone not as good as him. That next person does the same and so one,resulting in a dilution of talent from the top downwards. That was Stevenage to a tee and from what I saw at Hammersmith it looked similar there. Those sort of frustrations were evident in at lest 3 very talented and knowlegdeable people leaving. As I am still in contact with ex colleagues I have learnt that a lot of those 'managers' I described were dispensed with,so it appears I was not the only person who saw them as a problem. Alas one of two managed to avoid the axe

    Advice to ManagementAdvice

    I can't really advise as it is 4 years since I left. The advice i would've given the day I left appears to have been carried out,namely getting rid of a lot of rubbish

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Mammoth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Systems Administrator in ─Žamrun (Malta)
    Former Employee - Systems Administrator in ─Žamrun (Malta)

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

    Pros

    New buiding
    Fruits in the kitchen

    Cons

    Very noisy open office
    British way is the only way
    Local colleagues

    Advice to ManagementAdvice

    Make some changes, update company culture

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 3 people found this helpful  

    A good example of a once great company gone wrong

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

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

    Pros

    Certainly a good place to learn a new role, with a variety available at starter level, all the way up to the top. Cross department moves are regular occurrence.

    Cons

    Massive lack of knowledge of the products at all levels within the company, especially middle management. Most of the management have never placed a bet in their lives and wouldn't know how to on the Betfair website.

    Advice to ManagementAdvice

    Try learning about the product and company you work for and don't just treat it like every other bland mid management role. You're not working in a 9-5 accountancy firm! Stop spending millions of pounds on trendy adverts that nobody likes!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Very long days the norm

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

    I worked at Betfair full-time

    Pros

    Exciting environment with a young staff who all have a deep love for sports.

    Interesting and varied work in a challenging but rewarding environment.

    Cons

    Very steep learning curve which you are expected to pick up very quickly without the required support.

    Advice to ManagementAdvice

    More realistic expectations of new hires otherwise you will continue to lose good people across the board and in key areas.

    Disapproves of CEO
  6.  

    EDS Analyst

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

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

    Pros

    Good Environment,good people,fun events, television all over the company

    Cons

    bad management, less pay,long hours,inconsistent technology

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Crazy busy but fun and rewarding

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

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

    Pros

    The role really built up my technical knowledge and leadership skills. Betfair is (was?) a fun place to work, with great benefits and a very competitive salary.

    Cons

    I got very tired of constantly being in meetings. It often felt like senior management didn't care about anything except revenue.

    Advice to ManagementAdvice

    Stop constantly changing your mind about business priorities; let your fantastic teams get on with building great products.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    A great learning experience

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

    I worked at Betfair part-time (more than 5 years)

    Pros

    The culture and atmosphere is very exciting; inclusive, vibrant and fast moving. You will get on at Betfair if you can stand on your own two feet, find things out for yourself and carve your own path. The benefits and salary are very competitive.

    Cons

    Continuous change and upheaval has left existing employees jaded. Even with a change in management the culture still feels very chaotic. A long hours and presenteeism culture still pervades even with the drive towards promoting work life balance and the need to work efficiently.

    Advice to ManagementAdvice

    Stick with a limited number of new organisational initiatives every year, or stop changing them. There have been various changes in strategy over the past few years which have been confusing to employees; hopefully the current strategy is now the correct one and is fit for the long term.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 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
  10. 4 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
  11. 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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