Full review of Betfair sports book
Betfair is a betting exchange(all bets are placed by gamblers), it became known in 2000 year for proposing placing bets not only with bookies but with simple players too. That immediately attracted hundreds thousands users, and nowadays Betfair is still one of the most popular exchanges in all over the world. The company is based in Hammersmith in West London.
For 11 years it was awarded more than 60 prizes. The most significant awards are:
- in 2003 Betfair was awarded Queen's Awards for Enterprise in the Innovation category, the most prestigious business award in the UK;
- “The fastest developing business in Great Britain” and “Company of the year” in 2004.
- ISO 27001 certificate by the British Standards Institution (BSI)
It is the prove of reliability and safety of the company. ISO 27001 certificate confirms that Betfair operate at the highest security standard across all areas of their business.
In addition to betting exchange, Betfair offers a number of gambling-related services.
Now at Betfair registered more than 4 million people from different countries and a turnover in excess of £50m/week.
How it was already mentioned Betfair offers making bets with simple players, i.e. registering at Betfair you can become a real bookmaker - you can accept bets from other players. But there are simple wagers on different events also. The choice of events in many kinds of sports is really wide – football, horse racing, greyhound racing, basketball, cricket, golf, ice hockey, baseball, American football etc. Also, a player can earn money on trading. Trading is having more than one bet in a market; seeking to improve your position or lock in a profit on all possible outcomes.
Betfair offers the world’s biggest odds on football, and they are 20-30% higher than at other bookies!Besides, in fact, there is no high limit for stakes.
Betfair exchange offers live bettings. A gambler can place a bet till the last second of a game.
According to the Betfair rules for every event there is the odds market - it is where you place a bet on an event. This is the place to view the odds and have a bet. Members can make both 'Back' bets (normal bets on a selection to win) and 'Lay' bets (bets on the opposite side of the Back, against the selection), thereby eliminating the traditional bookmaker.
According to Betfair rules: “To lay a bet is to back something not to happen”. That means that you will win only if team, which you were to lay to win, will lost or drew their match.
And “Back” is “to place a bet for something to happen”. That means that you will mean only if the team, which you back, wins.
If you are already intrigued with all written above, don`t wait, visit the betfair.com website!
Bonuses
Betfair offers special bonus promotions for new players - £25 free bet. This first deposit bonus will be released into your account as soon as you place a bet(s) totaling £25 and more.
Depositing and withdrawing
Methods of depositing and withdrawing depends on the country where you live and the currency of your account. The most common are: Moneybookers, Neteller, VISA/MasterCard cards, PayPal, bank transfers.
