Betfair
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Summary
Thanks to superb and unique features such as the Betfair bet of the day, the betting site is a champ for many players. Pools of markets await you when you join, each one is more exciting than the other. We hope our Betfair review has given you plenty of thought about joining this bookie. Trust us – you won’t regret it.
We’ve all heard of online sportsbooks, but have you ever heard about a betting exchange? A special marketplace for customers that want to bet on the outcome of discrete events, betting exchanges are similar to bookmakers with a few key differences. Instead of betting on predetermined odds, bettors can back or lay odds (buy and sell) on the outcome and bet in real-time throughout the event.
The first-ever betting exchange was Betfair. Available to this day, Betfair has managed to stay alive and become the best betting exchange in the world. Its success has spawned numerous followers, such as Betdaq, to join the market. However, this particular industry is still ruled by Betfair.
Continue reading our Betfair review below to learn more about how it works and what it has to offer
WHAT IS BETFAIR?
Betfair is an online gambling company established in 2000, a sportsbook and a betting exchange. It’s one of the best in the business, too, according to many Betfair reviews. By playing both sides, the betting site accommodates thousands of UK punters.
Betfair offers fixed odds betting and a betting exchange. In the beginning, it was only available in the UK. It has since spread to many other parts of the world, now having headquarters in Dublin beside the main HQ in London.
Since the beginning, Betfair has attracted much interest among UK punters. The Betfair sports betting section has received much attention from punters and review sites. It didn’t take much time before it ranked among the top bookies in the business.
But what is about the Exchange? If you’re asking yourself the question – how does Betfair Exchange work? – you’re not alone. Plenty of punters don’t know the difference between exchanges and sportsbooks. When you bet at an online bookie, you’re betting against the bookie itself. With betting exchanges, you buy and sell odds against other punters, which is the most significant difference between both.
The odds at a betting exchange depend on the number of bets bought and sold. It means fairer odds, which is why many punters are far more interested in betting exchanges than sportsbooks.
BETFAIR WEBSITE AND HOW TO SIGN UP
If you think that a betting exchange such as Betfair differs from online bookies, you’re wrong. In terms of layout and design, the two are very similar. You can create an account by clicking on the Betfair betting Exchange Join Now button, which should be pretty easy to spot. You only need to follow the on-screen instructions to start betting.
BANKING OPTIONS
Whether you’re playing at the Betfair sportsbook or the exchange, you need a funded account. As a reputable operator, Betfair has partnered with nothing but safe and secure payment providers. These include the biggest debit and credit cards, bank transfers, and e-wallets. No Bitcoin betting on this site, but the options at your disposal should satisfy your taste.
BETFAIR BONUSES
One of Betfair’s best things is that it’s quite a generous website, to begin with. You’ll get two different promos – some for the exchange and others for the sportsbook. The Betfair sign-up bonus is a Bet £20 Get £5 offer, which gives you a small yet useful free bet to start your career at the site.
BETFAIR FREE BETS
Nowadays, most bookies offer free bets for beginners that rarely go beyond the Bet 10 Get 30 deal. Not Betfair, though. The betting exchange/bookie still has a free wager to offer, but this time, it’s a Bet 20 Get 5 offer. And, while it may not look that exciting, it’s a bet you should go for as it allows you to build a free bet streak.
As long as you opt-in to the promo and win your free bets, you’ll get more. The streak will only stop when you stop winning. If you’re lucky, that could be in a while, so you should take a look at this.
BETFAIR WELCOME BONUS
As mentioned, the Betfair welcome bonus is a free bet you get regardless of the side you pick – the exchange or sportsbook. It is one of the coolest Betfair promotions since it allows you to start a free bet streak.
Let’s start with the bookmaker. It has a total of 33 sports starting with football and ending with rugby union matches. Of course, it features everything in between UK punters will love, including horse and greyhound races. Better yet, there are special promos for various races across the UK, Ireland, Australia, and worldwide. It makes it a hit for those who love to bet on this thrilling sport.
You can do it at the betting exchange if you want to lay and back the odds. Betfair is a complete betting site, so that you won’t find anything missing.
SPORTS BETTING
While the site has a poker room, casino, and live casino, Betfair is primarily known as a sportsbook and betting exchange. The Betfair fixed odds section is most popular with UK punters. The betting exchange is pretty neat, too, if you want to try something completely different.
With over 30 sports on offer, you can place your bets in plenty of exciting markets. Don’t just stick to the Premier or the Champions League. There’s a whole world of wagers out there, and you should explore the website in-depth.
SPECIAL EVENTS
Why bet exclusively on sports when other markets may feature better odds? Take politics, for example. With many countries in turmoil right now, elections are frequently happening. The US elections are coming up fast, and if you believe you know who’ll win, you can try your talents at Betfair’s politics markets. Make your pick, and you can win a nice sum in return if you’re lucky.
BETFAIR LIVE BETTING
The Betfair in-play betting experience is nothing short of amazing. You get plenty of markets to bet on, and it’s just as easy as placing a regular bet. Nothing beats live betting once you try it. It’s a hugely exciting market, thanks to the fact that you can adjust your wagers midway through the match.
There’s a huge variety of live betting markets at the site. It matches what you get in the fixed odds markets, so you shouldn’t miss anything. We can see that the odds are great and in line with what betting giants offer. The live betting experience at Betfair has been enhanced with live streaming of a wide range of events.
LIVE STREAMING
Registered users at Betfair can enjoy live streaming on the site. It’s a great addition to an already great live betting system. Once you place a Betfair live bet, you can sit back and relax and watch the game directly from your browser instead of going through hundreds of TV channels.
BETFAIR EXCHANGE MOBILE SITE
Betfair betting Exchange and sportsbook are available on a mobile platform for all devices. You can bet from your Android or iOS smartphone or tablet without downloading any software.
It’s easy, it’s fun, and it works fast. During our Betfair review, we tried the mobile betting website from various devices, and it performed flawlessly.
If you want to experience betting as the bookie intended, you’ll install any of its apps.
BETFAIR MOBILE APP
While most bookies offer a betting app or a mobile website, Betfair has gone the distance with many apps to pick from. The wide range of apps available from the site includes everything from trading apps to betting assistants and beyond.
The cool thing about Betfair mobile app director is that you can filter them all per category. Betflow, for example, is an app that focuses on analysis and tips. BetrBets shares the knowledge of pros. Social betting is available on Betsplit. There are dozens of Betfair apps to download, install, and enjoy a truly authentic mobile betting experience.
You can download the Betfair Exchange app by visiting the site and following the instructions. It works across all devices, including Android and iOS smartphones and tablets.
