Betfair is a player-to-player betting site. No bookies are involved, so you get better odds and bigger pay outs. Users have the ability to set their own odds and can choose to bet for (back) or against (lay) an outcome. This type of exchange is great for matched bets as it allows you to offer your own odds to other punters and you accept odds that other punters have on offer. One of the first things you notice when you visit the Betfair is the sheer number of betting opportunities on offer directly from the home page including live betting.
Whatever your betting passion you'll more than likely find one of Belfair's users has already offered odds or is looking for someone to offer a bet on it. The site design is very clean and is very easy to use – but fear not, should you need any help, Betfair offers a superb range of tutorials that explain exactly how their betting exchanges work.
Sports Offered by Betfair
Betfair provides great coverage of events, including a wide range of sports (especially good coverage of football and horseracing because of Betfair's UK roots), financial bets, politics and novelty bets. Betfair also offers a superb live in-play betting service as well as Poker, Casino and numerous exchange games. You'll more than likely find anything you can possibly wish to bet on somewhere on the Betfair site. The markets cover everything from English, European and American football through to baseball, Gaelic and golf.
Betfair is most popular for its football betting coverage and offers a quite a few alternative "special bets" on reality TV programs or entertainment awards. You're sure to find something to suit your needs on the Betfair site and the exchanges offer great odds as well as an in depth look into where the money is going and what the most 'popular' bets are.
Betfair have some great bonuses and promotions on offer starting with a great sign up bonus; when you open an account and bet between £10 and £25 within 21 days of joining, as well as getting roughly 15% better odds for your bet, they'll also give you a free bet if your first bet loses. Basically Betfair credit your account with the amount that you originally lost (max £25) meaning your quids in if you win - and you haven't lost a penny if you lose. They also have great bonuses for their casino and poker games including an exclusive VIP club and great monthly reload bonuses, so be sure to check out the promotions page regularly as you're sure to find something that catches your eye.
Betfair Payment Methods
Some bookmakers can be tricky when wishing to deposit, view a list of all payment methods accepted by Betfair below:
Additional Payment Information
Click2Pay is a quick method to use, after loging in once it then saves and secures your details within there system. You can now pay anyone without having to hand out your details again.
Credit cards are a popular way to gamble as much as you want, cutting out the middle man.
Moneybookers is a good depositing method, especially for UK players. They have a minimum deposit of £20, and to keep safe there is a £5,000 per transaction limit.
Debit cards have a limit transactions, most cards up to around £2,500 each. Visa debit, Visa Electron, Switch, Master Card, Delta and many other major debit cards are all accepted.
If you wish to deposit in more than 1 currency then this could be the best deposit method for you, Neteller allows the US Dollar, Great British Pounds and Euros with a £20 minimum deposit.