The world’s leading betting exchange
The company, based in Great Britain, is operated by Sporting Exchange Limited. The company was established in 1999 and has licenses in England, Wales and Australia. The term betting exchange means that users bet against other users without the involvement of a bookmaker. Betters can either offer their own odds or accept the odds offered by others. The range of sports bets on Betfair is especially comprehensive: you’ll find bets on football (soccer), tennis, winter sports, martial arts, boxing, handball, motorsports, cycling, rugby, baseball, basketball, hockey, and American as well as Australian football. Bets on less popular events such as volleyball, water polo, cricket, snooker, chess, bandy, Gaelic sports and pelota (a game similar to tennis, where two players or teams alternately hit a ball against a wall) are also accepted. Furthermore, Betfair also offers wagers on both horse and dog races.
The main attraction of the betting exchange is the live betting section, which is one of the main reasons for Betfair’s immense popularity. You can place live bets on all the sports provided and even wager to the very last second of a chosen event.
Betfair offers an enormous selection of alternative betting options, which, for football, include wagers on such things as when the first goal will be scored and the total number of goals. More “traditional” alternative bets such as half-time, handicap and over/under bets are offered as well. In other sports, such as tennis, you’ll also find set bets. Wagers using the ever more popular Asian handicap can be found on Betfair as well. Placing combination bets (also known as parlay bets) is also possible on Betfair. In such a wager, you bet not only on the outcome of a single event, but on that of two or more games. However, parlay bets may not be used in conjunction with the live betting feature.
Games and more
Connected with the Betfair sportsbook is the Casino, which is divided into two sections: the Main Lounge and the Zero Lounge. The Main Lounge offers a multitude of slot machines as well as table and card games (such as baccarat and black jack, for example). In the Betfair Zero Lounge, there is no house cut. This is the advantage the casino has over players, which is usually set between 1 and 8% at most online casino. Betfair users can play Zero Roulette, Zero Baccarat, Zero Black Jack and Zero Jacks or better. The absolutely fair Betfair conditions apply here as well, making it a contender for the title of the best online casino in the world. The Poker Room also belongs to the extensive Betfair offering and promises high-quality gaming amusement. Betfair Poker exclusively offers its customers the popular game variations Texas Hold’em and Omaha. With the “Live Video” feature, Betfair brings live soccer and tennis action directly to your desktop and with “Live Radio” you can listen to live commentaries from the race course.
If you’d like to place a bet but aren’t near a computer, you can make a wager by using your mobile phone. This function, called Betfair Mobile Betting, can be found under the menu heading Extras. In this section you’ll also find articles about football and horse racing. The Betfair Calendar and the Live on TV function will help you to play your betting schedule. Preliminary results of games currently taking place can be found under the Live Events tab. For a little entertainment in the meantime, Betfair users can play various mini games, which they’ll find under the menu option Games. Online games are appealing and you can win a lot of money playing them. For some people, however, the tendency to play can get out of control. If you notice problematic playing habits in your own game or in that of your relatives/acquaintances, contact one of the numerous consultation services for gambling addicts and their loved ones.
The forum is available in English and Chinese and offers Betfair users the opportunity to exchange their knowledge and gambling experience. The forum itself it not very well maintained or eye catching, but its functionality and user friendliness are unsurpassed. Various subcategories are available for football, cricket, golf, rugby, tennis, basketball and boxing, to name a few, where a range of topics are discussed, such as the odds of that particular sport or current achievements of teams or athletes, for example. The Betfair forum is practically limitless, as subjects that don’t fit into other categories can be discussed in the Chit Chat section. There you’ll find conversations and opinions about everything from politics, the financial market, poker and casino.
The company’s website is available in 16 different languages: English, Bulgarian, Chinese, Czech, Danish, Finnish, German, Greek, Italian, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, and Turkish. Players in the United States are prohibited from placing bets on Betfair, since the Unlawful Internet Gambling Enforcement Act of 2006 forbids American banks and credit card companies from transferring money to gambling providers.