Betfair is a British company that started in 2000. Andrew Black and Edward Ray were the founders of the world’s largest sports betting exchange. The idea of transferring the principles of an ordinary exchange to the world of sports betting was not original, but its high-quality implementation in practice became such a successful event that the sports betting exchange Betfair won one award after another. In such a relatively short period of time, the exchange has received more than 60 international and national awards.
The bookmaker has tens of thousands of employees. The company’s offices are located throughout Europe and the world. Betfair in 2007 acquired its own radio station, which broadcasts around the clock, telling about the news of the exchange and sports.
It is clear that the Betfair brand is known primarily thanks to the betting exchange, but under its bosom in 2013 the usual online bookmaker was opened, which can be accessed directly from the office’s main website. However, this material is just the same devoted to the review of Betfair as a betting exchange! After all, it was this feature that at one time made a real revolution in the world of sports betting, allowing the British company to become a trendsetter. Betfair is constantly evolving and currently can offer its customers a full range of online gambling services: betting exchange, regular bookmaker, casino, slots, poker room, etc.
More than 1,000,000 people use the bookmaker’s services all over the world. Given the above facts, it is perhaps unnecessary to say that Betfair operates in full compliance with international and national legislation of the countries in which the company offers its products. Betfair is licensed by Great Britain, Australia, Austria, USA (!), Italy and other countries of the world.
Betfair sportsbook conducts extensive sponsorship activities, providing assistance to many professional and amateur teams and projects. The company’s shares are successfully quoted on a number of European and world stock exchanges.
Line and Live bets
For the world’s #1 sports betting exchange, it would probably be superfluous to say general words about a large selection, high odds, etc. This is obvious. Figuratively speaking, here you can bet on “everything and everyone”: on the Betfair website, you can place bets on all the most popular events in the world of sports and not only. Most of the odds are on par with Pinnacle Sports and Sbobet.
Betfair betting odds
What’s a little depressing is the not-so-extensive lineup for some of the hockey championships and tennis matches. Plus, since this is an exchange, not all markets can be active. It is clear that the last remark refers more to less popular events. As for the limits on bets, in fact, there are no restrictions. It all depends on your capabilities and on the opposite side, which will be ready to accept your bet. All the most popular payment systems are at your service.
The only peculiarity is that for events taking place on the Australian continent, you will be asked to create a so-called “Australian account, although the funds on it will still be denominated in US dollars + go through the identity verification procedure. If you have not dealt with anything illegal on the stock exchange and your personal data are correct, then there is nothing to be afraid of. The procedure takes several days, and the money is instantly transferred from the main account to the “Australian account” in your profile. This whole procedure is related to the peculiarities of the regulation of this sphere of activity in Australia.
Live betting is also a purely symbolic note. They are, but, in fact, you need to understand that the Betfair exchange is one big Live, where all events from the offline trading mode smoothly flow into Live. Otherwise, the very idea of exchange trading would be lost again.