Betfair is a new and exciting place to bet, where you'll find the odds are on average 20% better than of a traditional bookmaker. It's a market place where you can bet against other punters, not against a bookie, so the odds are almost always better as there is no bookmaker adding in their profit margin.
Betfair is now the world's No.1 online betting site with 500,000 bets matched daily. Minimum deposit is £10.
What is Betfair?All bets on Betfair have been placed there by users who either want to have a bet in the normal way (back), or offer odds to other punters (lay).Bets are matched between people with opposing views.Why use Betfair?
Back or layWhen you "back" a selection (be it an individual, a team, horse, dog or other), you are betting that it will win. This is just like betting with conventional bookies.When you "lay" it, you are betting against it winning. For example, if you're betting in a market on which team is going to win the Premiership and you lay Man Utd, you offer odds to other punters who wish to back Man Utd. If Man Utd don't win, then you pick up the backer's stake. If Man Utd wins, then you pay out. This is what bookmakers traditionally do.You never know who you are betting against, your privacy and the confidentiality of your bets is maintained by Betfair's secure site.Choose oddsWith Betfair there is always a choice of what odds to accept. If you want better odds than are currently available, you can place an order for a better price, but be realistic because there has to be somebody prepared to lay the bet at those odds, and vice versa.Take a look at the odds before a game and you will see them change as visitors back and lay their bets. The odds often improve nearer to the off, as there are more people in the market.
Other retailers in the Bookmakers category: BETDAQ, Betfred, BetHiLo, betinternet.com, Eurobet, gamebookers, Race Clubs, Sporting Index, SportingOdds Casino, Stan James, totesport, Victor Chandler Bookmaker, William Hill