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"The Betfair group of companies ('Betfair') offers a global portfolio of gambling products and services. This includes the world's leading betting exchange (a concept pioneered by Betfair), which is provided in the UK.
Betfair's other betting platforms include a bookmaking operation provided from Malta and a second betting exchange in Australia.
Separately Betfair's established gaming products include Betfair Poker, Betfair Casino and a number of exchange-enabled games. All of these are offered from Malta.
Betfair is a licensed gambling operator in the UK, Australia, Malta, Italy, Austria and Germany.
Betfair offers you unprecedented choice, value and control.
You can bet that an outcome will happen ( "Back" ) or that it won't happen ( "Lay" ).
You can choose the odds at which you want to play.
You can bet whilst the game is in play.
You can play on a range of products and innovative games.
What is different about betting on Betfair? The roles of the Back and the Lay!
When you "back" a selection (be it an individual, a team, horse, dog or other), you are betting that it will win. This is just like betting with a conventional bookmaker.
When you "lay" it, you are betting against it winning. For example, if you're betting in a market on which team is going to win the Premiership and you lay Man Utd, then if they win you pay out. This is what bookmakers traditionally do." ( Betfair website )
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Betfair is one of the largest gaming companies in the United Kingdom and the largest in the market of the betting exchange.
Today, Betfair with over 3,000,000 users has a turnover of more than 250 million pounds a week.
Betfair operates in 120 countries around the world, its website is translated into 18 languages and it manages more than 5 million transactions per day.
To enhance consumer protection and fighting corruption in sport, Betfair has also reached agreements with various international sports organizations called "memorandum", among which FIFA and the ATP: under these agreements, Betfair provides information to the different Regulators about the events suspected by frauds. |
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The Betfair's betting exchange allows punters to exchange quotas with each other instead of betting against the company. This allows them to directly set the quotas: every quota must be accepted by others punters to be valid.
This means that there are players who act as the traditional bettor ( who bets for a result ), and players who take the role of the bookmaker ( who accepts the quotas from the other players): Betfair only provides the platform for the oddsexchange.
This implies the removal of the "profit-margin" applied by the traditional bookmakers: for this reason the quotes are 20% higher than in the traditional betting. The benefit for the company comes from the fees it charges on the won bets ( the ranges usually are between 2% and 5%, depending on the event ).
The Betfair's platform for the odds exchange is the most advanced of the entire web: over all, the graphics and the easy navigation are the main characteristics . Also, Betfair has its own individual Web-TV for the livebetting: every event marked with the symbol" " is trasmitted to your computer and this makes the livebetting at you home more exciting and realistic. |
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PAYMENTS METHODS, BONUS AND PROMOTIONS |
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Odds Exchange World Leader |
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Betfair offers the most common systems of payment for the transactions-online, from the credit cards to Moneybookers and Neteller.
Bonuses and promotions are provided with a good frequency for all the customers. |
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OddsExchange - Live Betting - Higher quotas - Betfair TV - Bets on Finance - Bets on Tennis - Bets on Soccer
The best for the OddsExchange. RECOMMENDS: 96.2% |
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Online betting may be illegal in your Country 
