Betfair review
The betting company Betfair is a more professional website for sports betting. Here you get a regular sportsbook as well, but it is primarily their Exchange or odds bears that are unique. For new players, it may seem a little difficult in the beginning, but it is really a brilliant product where you can buy and sell odds from other players. Besides Sportsbook and Exchange, you can also play casino, poker, bingo and other fun at Betfair. Dobisinternational has looked a little more at the odd offer you get at Betfair.
Betfair welcome bonus
As a new player at Betfair you get a very good sportsbook bonus where you can choose from two different bonuses. The first is for players who do not want to put in so much, while the second is for players who want to play for a little more.
- Bonus option 1: 100% bonus up to 200 USD
- Insert 200 USD - Play for 400 USD - Bonus option 2: 100% bonus up to 1,000 USD
- Insert 1,000 USD - Play for 2,000 USD
About Betfair
Betfair is probably seen among many odds as one of the very best on the market. First and foremost, it is their odds Exchange that is the market leader when it comes to liquidity in the odds markets. Thus, when you play on their Exchange you do not play against them as a company, but against other players who have other opinions on the outcome of this odds market. Back means you buy the outcome, while Lay means you sell (goes against the outcome). What Betfair makes money on is 6.5% in commission on winning games. For that reason, they don't care about who wins. They get a small slant anyway. We will explain this a little more in detail below. As an addition, they also have a regular traditional sportsbook that offers regular odds.
Betfair game offers
At Betfair there is a huge game offer, and you find odds on everything from football and ice hockey to handball, basketball, golf, politics and other entertainment such as the Melody Grand Prix. If you are a beginner when it comes to odds, it may seem a bit distant to begin with, but this is mostly because of their Exchange with the purchase and sale of odds.
At Betfair, a regular sportsbook, an Exchange, Casino, Poker, Exchange Games, Arcade games, Vegas Slots, Macau Casino, Bingo, Pools betting and virtual sports are offered. In other words, they have something for everyone.
Betfair Exchange
In this review, we look most at the sports section, and what makes Betfair Market leaders are their odds -drivers called an Exchange. For new players, this may seem a bit complicated, but it's really easy. All the slightly more professional gamblers play with what is called value odds, and Betfair usually gives the highest odds in most odds markets. Here it is not Betfair himself who decides the odds, but the players. Betfair offers a marketplace for odds, and they make money by taking a commission of all winning games of 6.5%. This percentage can be adjusted if you have a good gaming activity at Betfair.
Let's explain a little more closely how Betfair Exchange works. What better than taking an example of the Europa League final 2018 between Marseille and Atletico Madrid. This is a battle of good liquidity, which means that there is a lot of money available in the market due to a lot of interest among most players. Then you have the opportunity to get your games "matched" quickly. At Betfair, you are a player who decides the odds, and you don't have to take the odds available there and then. If you believe that the odds should change, you can place a game to a lower or higher odds than it is on the moment. There are two concepts you have to get into.
- Back - Blue Route on the left side = Purchase of Odds
- Lay - purple route on the right side = sale of odds
- When you buy it is like tipping as usual. You bet on the team you think will win.
- When you sell, you tip against the team or outcome that you sell. That is, you win if all other outcomes enter.
Below you will see an example of matchodds at the match Marseille-Atletico Madrid in the Europa League final in addition to the Over/below the 2.5 goal market in the match.
In the example, we have chosen Lay (sell or play against) a draw result after full -time (90 minutes + overtime). Here you see that the lay odds is 3.4 and it costs us $ 24 to play against a draw result. The potential gain we can get in this example is $ 10 minus commission of 6.5% if we win. So we lose $ 24 if a draw and wins if it becomes either H or B. (it will be like a double chance HB at a regular bookmaker).
In the second example from the same match, we have chosen back (buy or play on the outcome) to 1.65 in odds with a bet of $ 10. This will give a potential gain of $ 6.50 minus commission of 6.5% if we win the game.
The figures that are shown in each market are the liquidity of each market. On Matchoddd, it can be seen in the example that there is 976 638 euros available throughout the Matchodd market. At Betfair, a queue system applies. The faster you enter the market with a specific odds, the faster you get the odds "matched". In the Lay example you see that it is available $ 1076 to an odds of 3.4. That is, if we place a game as shown in the picture, we will be matched immediately. Had we tried to be matched on an odds on the right side (3.35), we had to wait in the queue behind $ 12664 to get the game matched.
Buying and selling odds In this way, Betfair does not just make a regular tipping page, because here you can "trade" odds by buying at high odds and selling to low odds. When there is an odds change, you can click on cashout and get a small slant back no matter what the outcome will be.
Betfair sportsbook
Looking at Betfair Sportsbook, this is an ordinary tipping site that you see with several of the others out there. Here you get a good selection of odds at many different sports and other events. If you go to "All Sports" in the upper left corner of the menu you get everything up, so just choose and choose.
Betfair Pools Betting
An extra product except that Betfair offers its players is a football engine with jackpots. Here is a separate "pool" which is distributed based on the number of correct outcomes or results you can tip. If you are looking for the big winnings, this may be for you. It's hard, but if you hit you get a really good reward!
Betfair offers and bonus codes
As a rule, you do not need to fill in bonus codes to get bonuses from Betfair, but there may be some promotions that require a bonus code. It will then be stated in the campaign text. For casino and live casino, there are very often offers available, and sometimes it is a combination of casino games and sports that can give you free games in the account. Follow the promotional page to take advantage of exclusive offers.
Betfair with odds at the World Cup 2018
When it is time for the 2018 World Cup in Russia this summer there will be a lot of action on Betfair's Exchange. Most professional odd -stippers use Betfair as one of several betting sites. If you are looking to tip the World Cup in a slightly more professional way, Betfair is definitely something you should check out. Here, for example, you can place a lay bet on the team you do not think will win the World Cup, or move on in the group play and buy it back to higher odds if you appear to be right. That way, you can lock in a risk -free game with a gain regardless of the outcome.
Betfair on your mobile and tablet
Betfair works great on both mobile and tablet. For example, if you look at a match directly on TV, it is often easier to get your mobile or tablet when you relax on the couch. Log in and play on sports both before and along the way while the matches are played.
Betfair In-Play liveodds
At Betfair there is a good selection of what they call in-play markets. These are common live odds where the odds constantly change during the matches. When you place an odds game on live odds, there is a slight delay before the game is accepted. This is because things happen quickly in the matches, and it can be goals just as you place the game. Wait to see if the game is approved and follow the match. In odds markets where live odds are available, there will be an icon with the text "Going In-Play".
Betfair livestreaming
At Betfair you also get access to lots of live streaming of sports. You will get a lot of good tennis, football, basketball, horse races and Greyhounds. You will watch a TV icon next to the odds of matches and events streamed at Betfair.
Betfair cashout
Cashout is a big part of the fun of Betfair. First and foremost when playing at Exchange, it is interesting to juggle with cashout. Here you can place a game and get out of the market for the next seconds. Place new games and go out again. If you can find a market with good liquidity and utilize the odds changes, this will be pure trading of odds. For sportsbook, it works in the same way as other bookmakers.
Betfair Customer Service
Betfair is a very large company with many employees. If you need help with something related to your gaming account, you can get help 24 hours a day, 7 days a week. You must be able to communicate in English when ing customer service. You can them either via live chat, email or phone. If you have a Twitter account, you can also get help here.
Betfair payment methods
At Betfair you do not need to be afraid that money transfers are not safe. It is a company that has been running for many years now, and has all the necessary licenses needed to run a professional betting site. Remember that you have to withdraw with the same method as you put in the money. For Americans, you have the following payment methods at Betfair.
- Ecopayz
Conclusion
For those who are really interested in sports betting and want to do it in a more professional way, Betfair is a must. They offer such much better product in many ways than other traditional bookmakers. It takes some time to get into for new ones, but when you first understand how everything works, you will understand that in the long run you get more value from playing at Betfair Exchange over regular bookmakers. Good luck with games!