Betfair Betting Exchange review/site review Betfair Betting Exchange online site.

BETFAIR BETTING EXCHANGE - SITE REVIEW

Betfair Betting Exchange is probably the best thing to happen to horse and sports bettors since licensed gambling began.

Launched in 2000 in UK and well over 1 million customers worldwide.

No longer are punters at the mercy of bookmakers,and through Betfair Betting Exchange their customers can back selections at the odds they demand,or even lay bets to other punters if they so wish.

The principle is simple - you either take the odds offered,or set your own odds and see if any other Betfair customers want to lay you that bet.

Or,if you think a horse or team will lose,quote a price and lay them at those odds - again you set the odds and wait to see if any other Betfair clients accept those odds.

No bet means nothing is lost and just means your odds were perhaps either to optimistic when betting or not attractive enough if laying.

Betfair Betting Exchange not only offers a market for horseracing,but also virtually every sporting event occurring anywhere in the world.

Soccer,NFL,cricket,rugby,basketball - absolutely every sport you can imagine,and throw in politics,tv events and financial markets and you have the opportunity to bet or lay your opinions in a limitless number of sporting and other events.

Betfair operates under a decimal system as this allows better presentation to page display,but you soon get used to this,and every bet or lay you make is clearly highlighted by the Betfair format and clearly shows any loss or profit before you confirm bet - there are no nasty surprises and you are always in full control of budget.

Betting is allowed right through a sporting event(even individual horse races)and the beauty in this scheme is you can take profits half way through an event and change your betting stance at any time - bet or lay skillfully and you can win from both results at the same time.

Betfair is an English betting concept that is now internationally used and you can bet in many currencies and the site can also be accessed in many languages.

Paypal now accepted at Betfair.

Again to satisfy punters worldwide,most deposit options are ok,including,visa,moneybookers,click and by,and now the increasingly popular paypal method.

Everyone is welcome and you do not need to be a high roller to benefit from Betfair phenomenon - you can bet or lay any selection starting at just £2 and increasing to any amount you want,as there is no limit to stakes.

Once a Betfair Betting Exchange customer you also get the chance to play and use their other sites - poker,casino,and exchange games,with same money and details - just one account to use all platforms.

Full explanations of how to be and lay are on site and it quickly becomes easy as you make your bets.

When you play for the first time the page looks very complicated and busy,but just click through to your sport,then select the market you want and the page is dedicated to that small segment you want to bet on - a great design of simplicity and presentation.

A very busy forum is also on site and here you will always get someone to solve any problems you have,and also give you the benefit of their opinions on what to bet,how to bet and other strategies to adopt when using Betfair Betting Exchange.

Bear in mind you pay approximately 5% commission on winnings(no deduction for losing bets)to pay for operating costs.High rollers or heavy users get a sliding scale to lessen that commission paid down to a figure less than 5% as they accumulate Betfair Points.

Open an account with Betfair and claim £25 free bet.

If you bet on sport,then a Betfair account is essential,and if you are already making your betting pay with bookmakers,then those profits can only increase when using Betfair Betting Exchange with their consistently higher odds available.

GAMING SITES REVIEW- BETTING EXCHANGES

BETFAIR BETTING EXCHANGE - SITE REVIEW