Betfair is a little bit different than the average online bookmaker. The thing that makes it stand out is the fact that this is a sports betting exchange service. An exchange involves punters both setting the odds and placing the bets, so rather than the bookie taking a percentage of the book, instead a commission fee of 5% is charged. Instead of doing that the Betfair will only take a small fee for giving you access to their platform. Betfair has been online since 1999 and it’s currently the world’s largest betting exchange platforms.
Betfair is popular for offering a really nice welcome bonus to new punters. This way your online sports betting adventure could begin with a free £20. In order to get it you must make a deposit and place an exchange bet of at least £20 and in case you lose the bet, the money will be refunded to your online bookmaker account. This means that the £20 bonus is represented by a no lose bet. You can also get some more freebies as a new bettor at Betfair when you start winning Points levels during the first 30 days as a member. This way you can win up to £1,000 based on how many bets you’re placing during your first month.
The markets on which you can start placing bets at Betfair are very diverse. This way you can find plenty of popular bets, but at the same time there are also several fixed odds available for exotics. Their racebook is also very popular and you can find virtually any horse race from UK, Ireland, Australia or United States. Betfair offers a full range of bets including head to head, over/unders, handicaps and exotics.
The number one thing you need to know about Betfair is that you have in front of you one of the sites that holds an extensive set of information regarding any question you might have. Take a look at the FAQ section and you can learn almost anything from there. In addition to that you can also use live chat, toll free phone numbers and e-mail.
If you are looking for a site that can provide you with simple payment methods, then you should definitely start using Betfair. There is a nice list of payment options available and this includes: Delta, Maestro, Visa, MasterCard, Paypal, Neteller, Moneybookers / Skrill, ClickandBuy, Bank Transfer Express, Bank Transfer, Western Union and Cheques. All these options can be used for both deposits and for withdrawals except for Western Union and ClickandBuy. Most withdrawal methods are free of charge, while some of the deposits might require you to to pay for a fee. There are several other local payment methods available based on the country where you are located.
Betfair holds a really nice history that dates back to the summer of 1999. They claim to be the first betting exchange system on the internet. The innovation here is that this system allows people to place bets that were placed by other people. This way you can act as bookmaker while at the same time new opportunities were launched and Betfair was the middleman between the whole process. Betfair is a big betting organization with more than 2,200 employees and everything is available in an extensive number of countries. Betfair holds many licensed as their services are spread all over the world. This way they have a gambling license in: Gibraltar, Italy, Malta, United States and Tasmania. They have always been a reliable company and a name in the online sports betting industry that you can trust.
Betfair is by far one of the best choices any bettor has available. It can’t get much better than this. There are many incentives and reasons why you should start using Betfair. They have an exciting welcome bonus package and at the same time they have always been able to provide the players with an impeccable betting experience.