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Why Join Betfair?
At Betfair you get the best odds as
you are betting against other punters not against a
traditional bookmaker. Odds are consistently around
20% better - if you don't believe us, then check out
their prices by visiting the Betfair website.
As the world's largest online betting
company with a turnover exceeding £50m per week,
your money is safe withthem. Moreover, Betfair 'ringfence'
all client deposits in a separate company and refer
all disputes to the Independent Betting Arbitration
Service (IBAS) in the UK.
Offer odds to others: If you can't pick a winning
horse/team, then pick a loser. Offer odds to others
against an outcome.
Lively markets: Betfair offer
the widest range of in-running markets. On many, they
match more after kick-off / the race starts and with
their live price/time reporting you have more information
on which to back your judgement.
Decimal odds: Calculating your
return has never been easier.
Betfair are revolutionising
betting: Betfair has taken the betting world by
storm: more than 100 articles have been written about
them in the UK national, sports and international press.
About 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.
Differences between betting with Betfair
vs. a high street bookmaker:
- You can back or lay a bet.
- You can choose the odds you want
to play at
- Commission and Tax.
- You can bet whilst the game is in
play.
Back or lay
When you "back" a selection, you are betting
that it will win. This is just like betting with a high
street bookmaker.
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
- so, basically, you become the bookmaker!.
You never know who you are betting
against, your privacy and the confidentiality of your
bets is maintained by the company's secure site.
Choose odds
With 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. This gives
Betfair the edge over it's competitors.
Just 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 to
bet.
Click
here to view the sports you can bet on with Betfair
Betfair
PO Box 34467
London
W6 9WS
United Kingdom
http://www.betfair.com
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