Betfair site

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Many people argue that Betfair site is probably the best thing that ever happened to the betting industry, at least in recent history. This is what many professional gamblers think anyway, but there are also thousands of punters who agree on that.

The company has, simply put, revolutionized the way in which many people bet nowadays and even the way in which online betting is perceived. And this has been happening since the summer of 2000, ever since the brainchild of former professional gambler Andrew Black and top city banker Edward Wray came to fruition.

When it is peak hour, the company now handles 12,000 bets in a minute. The markets consist of over 20 different sports, as well as other events. The weekly turnover of matching bets exceeds £50 million!

But what makes Betfair so unique? Actually, there are more than one features that accomplish that. For starters, the company is different from the conventional bookmakers in the sense that you bet on prices set by other punters just like yourself. Yes, that’s right, all the odds on Betfair have been placed by other users, and the company is just an intermediary, not a bookmaker. You can either back or lay, a horse or a team, or do anything your heart desires.

 

Moreover, an average of about 20% better odds is offered on Betfair than the traditional bookmakers. So why would you take 5/1 when you have the option of getting 6/1 on Betfair? Also, if you don’t like the price which is offered, you can always make a request for better odds.

On the other hand, if you have the hunch that a certain horse or a certain win will not win, you can lay them and estimate their loss. Yet again, you have the possibility of asking for better odds than those which are being offered. On of the features that have distinguished Betfair is the option of “in-running” betting on a race or “in-play” on a game or match.

Yes, as you watch a horse race or football match on your TV you can still place your bets. And the company doesn’t care about the amount you are willing to stake. You could be an expert gambler or you could just stake the minimum bet of £2, it doesn’t really matter. Add to that the huge array of markets being offered, which actually gives many more betting opportunities than a traditional bookmaker, and you have the big picture of why Betfair has become so important.

 

Your bets will also be made in a safe environment. The firm is without a doubt UK’s largest online betting company. Just think of the workforce which comprises of more than 160 people in Hammersmith, and you have an idea of how popular Betfair site has become.

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