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Betfair Review

Discussion in 'Bookmaker Reviews' started by admin, Nov 18, 2011.

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  1. admin

    admin Administrator Staff Member

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    BETFAIR Bonus Offer
    Get Free £20 bet + up to £1000 in cashback at Betfair
    How it Works:
    •Open and fund your BETFAIR Account.
    •Make a deposit into your account and place a bet on your selection (minimum £20).
    •Should your selection lose we’ll refund your bet + get cashback on your betting for your first 30 days up to £1,000

    [​IMG]

    BETFAIR Review

    BETFAIR History
    BETFAIR was founded in 2000 by Andrew Black and Edward Wray. The site won the very prestigious award: Queen's Awards for Enterprise in the Innovation category. What's interesting about BETFAIR is that unlike in the normal bookmakers you don't bet against the bookmaker, but against other people like you and me.

    BETFAIR Innovations
    Like I said at Betfair you bet against other people, this gives really big advantages to users who bet big. The odds at BETFAIR are about 10-20% better than at normal bookmakers and for underdogs sometimes they are over 40% better. Lets just say that when a team is down 1-0 in the 87-8th minute the odds for the other team are growing so fast, I have seen odds of @1000. My biggest hit at BETFAIR was on odds of @80 at tennis match when Ferrer saved 5 or 6 match points against Robredo.
    Another thing to mention is users pay around 5% commission to BETFAIR on winning bets only, but you can calculate that you still win more than at a normal bookmaker.
    Also you have two options to bet at BETFAIR- Back and Lay.
    Backing a team is just normal betting, you back the selected team.
    Laying is different, basically when you lay you accept someone's back bet. So when you lay you are the bookmaker, lets say somene backs Manchester United to win against Barca at 2.80. Someone else has to lay it, that means he will get the user 1 money if Manchester lose or draw. Laying basically means betting against something to happen so if you lay Manchester win you have to hope they draw or lose. Ofcourse everything is automated at Betfair and you don't have to worry. People doesn't know who they bet against. There are millions of players.
    I suggest you to read the BETFAIR help articles in order to understand better or ask in our forum for help.
    Here is a screenshot from one of my BETFAIR adventures just to illustrate what can happen if you use the live markets good. Ofcourse there is no guarantee that you will do this everytime, you just have to be a good bettor, but you can manage to get +$ on both sides.

    [​IMG]

    Type of Bets at BETFAIR
    Every major bets are included, correct score, 3way, over/unders, next goal, total goals and god knows how much more bets...

    In Short
    Ideal for people that bet big, your account will never be closed for winning as BETFAIR wins from winning users(5% commission on winning bets). Better odds than normal bookmakers= win more money.

    Payment Options
    Credit/Debit cards, neteller, cheque, bank transfer, skrill(moneybookers), ECO, clickandbuy, webmoney.

    BETFAIR Currencies
    UK Sterling
    Euro
    US Dollar
    Hong Kong Dollar
    Australian Dollar
    Canadian Dollar
    Danish Krone
    Norwegian Krone
    Swedish Krona
    Singapore Dollar

    Languages
    English, Bulgarian, czech, danish, greek, spanish, finnish, norwegian, polish, portuguese, russian, chinese, swedish.

    Betfair Contact Details
    Please direct your e-mails to the relevant address:

    For betting and account enquiries: info@betfair.com
    For betting and account enquiries in Australia/New Zealand: ausinfo@betfair.com
    For all employment enquiries: jobs@betfair.com
    For all other business enquiries: communications@betfair.com
    For Education event queries: education@betfair.com

    To telephone BETFAIR directly:

    Telephone
    From UK 0844 871 0000
    Ireland 1800 944 000
    Australia 1300 238 324
    International 0044 203 059 8888

    For Telephone Betting with a minimum unit stake of £50 or €50:

    Telephone
    From UK 0844 871 5000
    Ireland 1800 719 915
    Australia 132BET (132238)
     
    Simon Richardson likes this.
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  3. joshef

    joshef Experienced Bettor

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    I heard lot about this site, but never try it. Like this there are some more sites which provide easy and safe environment to the wagers for betting. Even there are some sites which provide free odds and sign-up bonus for the wagers to bet.
     
  4. hannsonmickey12

    hannsonmickey12 Bettor

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    In my part, this site is new i my mind and I don't have enough idea but I'm sure this really an interesting one.
     
  5. up12zzbet

    up12zzbet Professional Bettor

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    That's one of the reasons why we are here, to discuss everything and to talk about things that we want to learn. :)
     
  6. admin

    admin Administrator Staff Member

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    This is what happens when you use the markets at BETFAIR good at tight matches :D
     

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  7. lemon1980

    lemon1980 New Bettor

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    anyone here actually tried them and got their winnings?
     
  8. admin

    admin Administrator Staff Member

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    Well, me ofcourse. But BETFAIR is the biggest betting exchange. They wont be so cheap to scam people out of their winnings.
     
  9. gavind

    gavind Professional Bettor

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    That is true, however, they always seem to find a way for people to loose. By the way, they pay in a timely fashion though.
     
  10. okosh

    okosh Professional Bettor

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    And their office is like an hour drive from my house.... :D
     
  11. admin

    admin Administrator Staff Member

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    BETFAIR is actually the best in my eyes. Compared to normal bookmakers you can win way more here, especially if betting on outsiders.
     
  12. Pablo Acosta

    Pablo Acosta Professional Bettor

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    do you know any broker that offers BETFAIR with both sportsbook and exchange available?
     
  13. JohnSup

    JohnSup Experienced Bettor

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    Does this bonus really work?
     
  14. JohnSup

    JohnSup Experienced Bettor

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    BETFAIR is mostly for exchange, if you want also sportsbook, a good one is pinnacle
     
    andrewapple likes this.
  15. andrewapple

    andrewapple Experienced Bettor

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    I would give it a 8 out of 10. Not using it anymore. Premium Charge is something worth to be hated. The more you win, the more you're charged. But with a broker it's ok.
     
  16. andrewapple

    andrewapple Experienced Bettor

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    for some it does
     
  17. Pablo Acosta

    Pablo Acosta Professional Bettor

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    what can you say about their casino?
     
  18. JohnSup

    JohnSup Experienced Bettor

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    For casino, I can advise you Matchbook, I heard it in an article from bet-ibc that it has now some bonuses. You can check it out ;)
     
  19. JuliaBK

    JuliaBK Bettor

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    Pretty curious
     
  20. andyson

    andyson New Bettor

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  21. Shiningstar

    Shiningstar Bettor

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    No doubt this is a trustworthy website and it has lots of advantages such as simple interface, good bonuses, variety of options... Here i can always find something to get busy with.
    But i would like to concentrate on the mobile application thing. In my personal opinion they should combine all those different apps into one because it is not so useful to install a few different ones just to get access to casino, sportsbook etc. That`s really annoying to switch from one app to another... Perhaps i`m just a fussy client... i don`t know... :) But i hope the other users support me and one day we will get just one multifunctional app.