In addition to being properly licensed and regulated, the company also sponsors major sporting events around the world, including the Copa Libertadores and Copa Sudamericana tournaments. In , they became the first ever betting business to sponsor a football team in the UK, when they signed a deal with Fulham Football Club. The Betfair exchange has been around for more than two decades and was a genuine game changer. It has modified the way the industry handles odds pricing, as well as the way in which ordinary punters place their bets.
On top of that, the company is properly regulated by the best in the business. Although there are many great things to shout about regarding the Betfair betting exchange, the welcome bonus is probably not the thing to lead with. There is no bonus available to new players as such, only a risk-free bet. As far as risk-free bets go, it compares well with other sites offering such a promotion.
Bwin, for instance, has the exact same welcome offer. In addition, there are a few niggly restrictions on the bonus which force you to jump through a few extra hoops. First off, you need to remember to use a bonus code VAL in order to qualify for your risk-free welcome bet. But on top of that, the offer is only valid for those choosing to deposit via PayPal or a debit or credit card. At least the Betfair exchange is offering something to welcome its new customers.
The choice of ongoing offers at the Betfair exchange is not the best. The reason for that is, in recent years, Betfair has focussed more on promoting its sportsbook site which launched back in So if promotions for existing customers are important to you, perhaps you may wish to consider that as an option instead. Refer a friend. Free software trials. Existing Betfair customers can benefit from a free month-long trial of two pieces of software, designed to help manage your trading on the site.
BetTrader is an intuitive and affordable trading platform, while Pouncebet is a useful piece of automated betting software. Monthly rewards. Players who place 20 bets a month will qualify for monthly rewards. Serious punters who bet on a frequent basis will not care about gimmicks. As you might expect from a highly creditable international betting brand, the Betfair exchange provides players with a good selection of convenient and reliable payment methods.
In addition to the traditional card and bank transfer options, there are several e-wallets to choose from, as well as Apple Pay. And better still, there are no unnecessary charges for depositing money into your account. There are eight possible currencies available to use at the Betfair betting exchange.
With a low deposit limit, no fees and a varied selection of different currencies available, the betting exchange ticks all of the right boxes when it comes to funding your account. The Betfair user experience is something of a mixed bag, but on the whole it offers a positive experience. But then, this site was the first exchange.
It sets the standard that all other exchanges have subsequently mimicked. There are two Betfair exchange apps available; one for Android and one for iOS. They are much like the desktop site in that they are fairly easy to use, as long as you already understand how a betting exchange works.
Similarly, due to the nature of a betting exchange, players cannot easily bet on multiples. In order to do that, you need to visit the Betfair sportsbook, not the exchange. So if you are not used to the idea of exchanges, this could also be a potential frustration for you. There are a few nice little touches to be found. You can change the colour scheme away from the default yellow to the more old-school blue and white set. Arguably the most important factor when assessing the experience of a betting exchange is the liquidity.
If nobody will match your bet, then you cannot confirm your wager. But unlike many other betting exchanges, at Betfair this is rarely an issue. The site has the most liquidity of any other exchange. Although Betfair was a groundbreaking product twenty years ago, not much has changed since.
And it does. Looking a little deeper into the available betting opportunities, good quality football matches tend to have around 50 different markets, meaning hundreds of different options. Even though Betfair is a betting exchange, it has moved to compete with the traditional sportsbooks to some degree.
Every sports betting site worth its salt offers some sort of cashout facility today. Well, not only does Betfair offer cashout, but it actually invented the concept. We especially liked the capability of conjuring a preset default stake amount, allowing you to place bets extremely quickly and efficiently. You are not able to change the way in which the odds are presented.
As a betting exchange, it simply has to operate in decimals. The other odds formats do not allow for enough granularity for it to work correctly. However, if you prefer working in fractional odds, hovering over the decimal price does at least provide you with an indication.
It shows you the nearest fractional price to the real decimal odds. One of our favourite aspects seems minor, but is important. If you just want a casual wager for fun, that is possible with Betfair. The Betfair exchange has managed to move with the times sufficiently to still be relevant to a younger breed of sports bettors. Betfair changed the world of live betting when it debuted around the turn of the millennium. Today there are more than 25, live betting events at Betfair every month and the exchange offers hundreds of potential in-play markets at any one time.
The majority of its pre-match markets will turn in-play once the event gets started. Good quality tennis matches have around 10 to 15 markets for in-play betting, providing around different betting opportunities per game. Football is obviously a big live betting product for the Betfair exchange too. Even obscure competitions provide you with plenty of betting opportunities. Checking in with the Algerian top flight, we found that there were 16 live betting markets available, which illustrates the depth of the in-play football product.
When markets are turned in-play, Betfair will automatically refresh the available odds every few seconds. This allows you to track the movement of the markets as punters continue to back and lay their selections. The markets are suspended for only a minimal amount of time, as major incidents happen in each event. But the in-play betting markets are not especially reliable due to the lack of money being traded.
Overall, Betfair does an excellent job when it comes to in-play betting. The user experience is good. The sheer number of markets across more than 25 different sports is impressive. They miss out on full marks due to a lack of esports liquidity. There are hundreds of events available for live streaming every single day. They can be found on a separate site at video. These streams are also available on the Betfair sportsbook too. Betfair is heavily associated with trading practices and in-play backing and laying.
So it makes perfect sense that they would provide customers with the facility to view such matches. As a result, the Betfair exchange is one of the better live streaming betting sites around today. As we touched on earlier, the range of possible payment methods at the Betfair exchange is very good.
The same options are present for withdrawals too. Unless you are looking for an express same day bank transfer, no fees are charged for making use of any of the available withdrawal methods. Another nice touch is that almost none of them have a minimum withdrawal amount ecoPayz being the exception. Processing times are very quick too. Only the more traditional methods like plastic and bank transfers take more than a day and they are usually completed in 2 or 3 days.
Nobody is really going to complain about a lack of withdrawal options at Betfair. But the overwhelming majority of punters are going to be satisfied with the range of possibilities. As you would expect of a global betting giant, Betfair is visibly supportive of responsible gambling. Division Profesional 1. Premier League 6. Prva Liga - RS 4. Premier League 1. Campeonato Amazonense 2. Campeonato Brasiliense 1. Campeonato Capixaba 2. Campeonato Carioca 4. Campeonato Catarinense 2.
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