BetFair Sports Review
Betfair Online Betting was initially founded in 2000 with the sole purpose of giving customers something a little bit different, something that nobody else was offering at the time. Betfair betting has indeed attained this goal, by becoming the world’s primary betting exchange service provider. At Betfair sports, a customer is able to select any sporting event, and in some cases, political event, choose and set their own odds, which are then posted on the betting exchange for other customers to bet against. As opposed to placing their bets in the traditional manner with a bookmaker, Betfair sports players are able to bet against each other, and Betfair holds the money until the outcome of the event is reached. There is a small portion of the winning bet which is taken by Betfair as their commission.
In addition to the better exchange, there is the more conventional Betfair sports betting site where the odds are set by Betfair across a large number of sporting events; here customers will place bets using the odds set by the Betfair betting team. Since the company’s inception, it has expanded and now boasts over 1200 employees and over three million users of the site. Moreover, they have also been awarded the Queens award for enterprise.
The Betfair Sportsbook has a great look and feel about it. It is easy to spot the information on bonuses which are available for new customers who sign up, along with major sports events and a useful introduction to the Betfair cash-out option. Customers just need to perform a single click to move seamlessly from the sportsbook into other Betfair Exchange areas.
The Betfair Sportsbook area is very much like other sportsbooks. Customers can place bets on nearly all of the mainstream, and non-mainstream sporting events that are scheduled for the future, along with in-play sports betting option too. The Betfair sports app is equally familiar and very easy to use.
The Sportsbook on Betfair literally includes everything you could want to place a bet on. Football, MMA, Tenis, Horse Racing, Motorsports and more. It even occasionally has non-sporting betting such as winners of reality TV shows such as I'm a celebrity too. You may find that the odd, somewhat obscure game might be missed off, but overall, betfair.com sport is very comprehensive.
Whether you are betting on the Betfair website, or perhaps you are using the Betfair sportsbook app, you will find the experience quick and hassle-free. A lot of sports bets will give you a number of choices with your betting, options such as full time or half time scores or first goal scorer in a football game. For Formula One you can bet on who might be leading the race at the end of the first lap, or even who retires from the race first. If betting on the horses is more your thing, then Betfair have a best odds guarantee which ensures that if the starting price is better than when you placed your bet, you are paid out on the higher starting price.
The sports betting exchange on Betfair allows customers to select an event from the list on the Betfair website, and then to choose odds for themselves. Other members of the betting exchange will have visibility of these, and they are then able to place a bet against that bet. This means that you are placing a bet against another punters bet using the odds set by them, as opposed to choosing the odds given out by Betfair. Odds must appear to be attractive. Otherwise, nobody will be interested in laying that bet. It is estimated by Betfair that the odds can be as much as twenty perfect better on the exchange. Players will have a small commission to pay out to Betfair on each bet that is placed under this option.
Cash out is an excellent feature available throughout an in-play event which allows a customer to withdraw winnings throughout the duration of the event. This can serve to either prevent losses or maximise profits. For example, if Manchester City are winning a game of football by the 60 th minute and a customer has placed a bet for them to win, but their competitor, Liverpool are looking like they will score, the option is available for a cash out on that bet, which will secure the win at that point in time. The odds or winning amount might not be as high as the initial bet, but it gives customers a great way to get a payout from what might just be a losing bet.
Betfair sports offer an extensive live video streaming functionality which is readily available for anyone who is a registered customer of the Betfair site. It shows most of the major global sporting events and also gives customers previews, advice and tips via audio.
If you are not able to access the Betfair full site via your laptop, then there is a great mobile version of the site which runs on Apple, Android or Blackberry equipment, it can be reached via a web browser or is available as an app to download. It is not possible to create a new account from the mobile site, and anyone who wishes to use this version needs to make sure they have registered a card at the full site first.
Betfair will almost always offer a new customer bonus in the form of a free bet, or by matching the amount of the fist bet placed. As is the case with the majority of sportsbooks online, there isn’t a large incentive to sign up, but you are definitely assured that you will get something. If you are a frequent player, there is generally some offer that you can avail from, these offers frequently change in line with what events are occurring at the time and they are most likely to be in the form of returned bets, cashback on any second placed horses or additional bonuses on certain events.
Betfair does not permit people who are based in the US to use the site, although it does accept payments from over forty different countries, in ten different currencies. Vouchers or prepaid cards are not accepted. However, certain popular money transfer systems and all major credit and debit cards are accepted. There is a small commission charged, the fee depends on the amount of money that is deposited. If you want to make a withdrawal, these are processed quickly and are normally returned to the original card that was used within a day.
Betfair delivers a superb range of opportunities for betting that is unrivalled in its marketplace. With the Betfair Exchange and cash out option. Compared with other sportsbooks, the features are superior, and with almost any sporting event you would wish for available to place a bet on, it is exceptionally comprehensive. With the added bonus of video streaming and a handy mobile app, if you haven’t already registered for the Betfair site, then you most definitely should take a look and benefit from one of the new customer sign-up bonuses which are almost always on offer.