Surely, Betfair is not only exchange, as it also has great sportsbook, however, they attract more and more clients mostly due to the exchange. The idea of its exchange is simple. Using system they provide clients can avoid dealing with go-between and can both back and lay wagers with other customers. It applies to any possible odds. What does Betfair get instead? It in turn take a commission from each transaction. This way clients may find odds about 20% better than on any other bookie with fixed odds. Of course, seeing splendid success Betfair forced the competitors to create something similar. Nevertheless, Betfair is no doubt the biggest betting exchange and the most experienced one.
Betfair website design colors are yellow and black. It seems they make everything possible so that clients could see exchange and sportsbook homepages very clearly. They are not overflowing you with unnecessary information, load fast and there are no various pop-ups that can be very confusing at times. You can see sports highlights and latest promos in the center along with other games, highlights and promotions can be found in the block on the right.
At the exchange page, kinds of sport are offered in alphabetical order on the left. This list also can be seen from a dropdown menu in the sportsbook. We should say, top menu is very simple and it’s easy to find your way there, it makes easy to search information you are interested in. Notably, we can underline their mobile apps as well, they are almost the same as the web page, have similar design and offer the same options and functions for sport betting. In fact, Betfair has a serious advantage over many of their competitors in promotions on fixed odds sports.
Money lines and odds
You can find a vast variety of sports to bet on at Betfair. There are currently 31 ones in the sportsbook and you may see even more on the exchange page. It’s one of the biggest advantages of Betfair. The depths of the markets is just incredible. In fact, if there is some more or less professional game played in almost any part of the world, you may find some client laying odds on Betfair. On top of that, you can do exactly the same.
In its list of sports you can find football, American football, Australian rules football, baseball, basketball, bowls, boxing & wrestling, chess, cricket, cycling, darts, futsal, Gaelic games, golf, horse racing, ice hockey and tennis. We should also probably say that Betfair offer the best non-sports markets, including, politics, music, TV shows and others sometimes very odd markets.
Considering the fact that Betfair is probably mostly exchange, we should simply explain the key idea of backing and laying. This should be of the highest interest of those who are only starting to bet. This way you can make a bet as you would do in any other bookie with fixed odds, however, you can place a bet for some other bettor to back. You simply bet on something to lose. So you become some sort of bookmaker yourself, thus winning if someone who back the bet loses. Betfair will only take a commission whoever wins.
Signing up and bonuses
At first, Betfair had some issues with their sportsbook, as it’s mainly exchange betting. However, they did a great job to attract people so that they could use their sportsbook and not just exchange. Of course, if someone want fixed odds sportsbook they will probably go to bet365 of William Hill, but Betfair is getting better and better.
Sure, one could find it hard to create good promotions for the exchange, as they are difficult to apply in this sphere. Instead they offer you some useful and helpful tips and help page.
We should say, Betfair have great sign up offer. If you deposit £10 you receive £30 as free bonus. But still these free bets are available in the sportsbook only. As we said, it’s hard to do the same with the exchange. In fact, you look thoroughly trough not only sportsbook, but also casino and games, you will surely find great offers for new customers.
You can deposit funds to Betfair using 7 different currencies, but, the system is quite tricky. Once you choose currency and opened your account, you cannot change it. You can use: GBP, EUR, USD, DKK, HKD, SEK and AUD.
Number of payments systems includes: MasterCard, Laser, Netteler, Skrill, Paysafecard, bank transfer, cheque, Visa/VisaElectron, Maestro, Switch, Paypal, Click and Buy, Ukash and Western Union.
On top of that, you can surely withdraw you funds using the same payment methods. But, you should keep in mind that you can withdraw your funds using the same method you used to deposit them. Notably there’s no limit for maximum withdrawal.
There is a full set of how you can get in touch with Betfair customer support. They have all usual features like live chat, phone, email and you can even contact them via twitter. It’s available 24/7, however, you should remember you can contact them by phone only between 7:30am and 12:30 am. Support agents usually answers fast, are very friendly that what makes their clients happy, it seems. But keep in mind you will probably be waiting for a couple of hours to receive an answer to an e-mail.