Betfair Bookmaker Review
Betfair offers you three different ways of betting, you can choose to use their standard sportsbook and betting sites and if you do so you can then simply look up the sporting event you wish to bet on, see what odds they are offering and then place that bet online or via a mobile device instantly.
However, they are best known for their betting exchange, which allow you to place a bet but with more higher odds than a standard betting platform, and even ask for better odds, or you can lay bets from other punters, so you could become a bookie yourself when using the Betfair betting exchange!
Don’t Delay and Claim Your £100 in Free Bets Today!
There are no betting sites that are going to give you access to up to £100 in free bets (Ts&Cs apply) simply for signing up, making a deposit and placing a few bets, but that is exactly what you are going to be offered from Betfair.
However, do make sure that you also consider making use of their other betting and gambling sites, for each of them too will be offering you a special welcome offer, and as such by making use of as many of them as you can you will certainly give your bankroll a boost in value.
What makes betting and claiming bonuses at Betfair such a hassle-free type of experience is that you can simply opt into them and that takes all the fuss of then having to claim then in other ways, as some betting sites ass their bonuses manually instead of automatically which could and often does cause delays in hem appearing in your account!
All welcome bonuses at Betfair are for new customers only, and their current Terms and Conditions Apply. To comply with their UK Gambling Commission issued gaming license you must be 18+ to both bet online and claim their welcome bonus. If you are unsure about anything whatsoever you can make use of the around the clock customer support service.
Betting Online or on Your Mobile
The betting exchange at Betfair is now fully compatible with every single type of web browser and as such no matter which one you prefer using you are going to be able to access their platform without any software to download.
You are also going to find you can access their betting platform on a mobile device too by downloading their app, which takes just a matter of seconds to download and install.
If you are worried that the app may not give you access to as many different types of betting markets as the online exchange does, then do not worry everything on their online platform is also available on their app too.
There are also some independent companies that have designed trading software that you can use perfectly legally in the Betfair betting exchange, so if you do fancy using a trading type of bot then you will have the ability and option of doing, and Betfair do let you use them, and they will always get their commission on any winning bets you place or lay!
Unbeatably High Betting Odds
As you are going to be able to ask for the odds you want on any betting opportunity, then you are going to find the highest odds will be on offer to you if you are prepared to find a layer on the betting exchange that will accept your bet.
Due to the huge number of layers on that betting change and the sheer liquidity of the exchange too, as you do not go too mad when asking for better and higher odds you will usually find someone who is prepared to lay them too.
The over-round on all the back and lay betting markets is the absolute minimum too, which as soon as you compare the available odds with any sportsbook account you have you will soon realise that for yourself.
So, to be perfectly honest, once you do discover the joys of betting at Betfair you will never need or want to bet at a standard sportsbook or betting site again, unless you do have more money than sense!
Become a Bookie Yourself
The main attraction of Betfair is of course that you are going to become a bookie yourself and will be able to set your own odds and put into place your own betting strategy too.
However, please do ensure that you know what you are doing long before you do set about using their betting exchange with your own funds, for you will have to have a deep and full knowledge of odds and betting markets before you do start to lay bets off other punters.
You may be wondering how Betfair make their money from this peer to peer betting exchange, well they do so by taking a small commission from their customers who have won when placing a bet or layers who have won the stakes from other punters.
So, the cost of your becoming your own bookie will be the commission you must pay when you win, but you do have to have the funds available in your Betfair account when placing lay or back bets to ensure you have the means to pay out any winning bets you have laid or place your stake money down, and once the result of any betting event is known the backer or layer is then paid out less Betfair’s commission!
Instant Winning Pay-outs
One of the wonders of the modern age, is that some payment methods you can use to fund your betting site accounts can also be used as withdrawal options, that is nothing spectacular, however what is, is that some betting sites will pay you out your winnings instantly when using some payment methods.
Some of which are the many different web wallets, such as PayPal, Neteller or Skrill, so if you do experience a winning session you can then withdraw your winnings, knowing full well they will be in your web wallet account, usually be the time you have logged into it.
There is a set of gambling limit options that you can also choose to make use of when you log into your Betfair account, so consider making use of them if you feel that you may spend more money than you have initially intended to do.
But make no mistake about it, there are not many other betting sites that pay out as quickly as Betfair do, and that can be a whole world of difference if you are a gambler, and what to do other things quickly with your winnings!
Set Your Own Limits
Setting you own gambling limits is important, for as any experienced gambler will tell you it can be way too easy to carry on betting when things are not going your way and you could end up chasing your losses too.
So as soon as you have set up your Betfair account, and then each time you log into it, make sure that you select one of the gambling option settings, or several of them that suit you.
That could be to set the amount of time you are prepared to gable and stay logged into your account, and when that time runs out you will not be allowed to continue gambling.
You could also set how much you wish to deposit over for example a 24-hour period, or even a weekly or monthly period, and when that limit is reached you will not be allowed to continue depositing until the following day, week or month.
You will also have the option of choosing how much you are prepared to lose over any period too, so do consider using that option setting too as it will help you always stay in control
Why Bet at Betfair?
There is only going to be one main reason to bet at Betfair when using their betting exchange and that is you are going to be getting much better odds than you would when betting with a bookmakers or sportsbook, and better odds mean more winning pay-outs of course.
You need to take a good look over their betting exchange as soon as you can do and then compare any of their betting markets available on their betting exchange with those of any other betting site, and you will see for yourself why you should bet with them.
In additional to general sports betting opportunities available on the Betfair betting exchange you are also going to find a range of additional gaming sites are available, and your one log in gives you access to each of those other sites too.
Instant winning pay-out when you choose to get paid back to a web or e-wallet is another of the main advantages of betting with Betfair, so when you weigh everything they do offer up you can see for yourself why they are a site worthy of your customer and gaming action!