Betfair is a United Kingdom based betting company reputed as one of the online betting giants in the industry. Since Betfair was launched in June 2000 it has become the largest online betting company in the United Kingdom and the largest betting exchange in the world.
Betfair Overall Rating (3/5)
Similar to the betting concept adopted by Mansion, Betfair offers a sports betting exchange where bettors can choose the best odds and bet against others instead of the usual bookmakers. Bettors are liable to receive commission on their net wins and as an added benefit there is an incentive program to encourage more betting on the punters’ part and also effectively eliminating the need for a bookmaker. In simple layman’s terms, this actually means that you tend to receive more in return the more you bet. Though initially confusing at first, but once the customers warms to the betting concept adopted by Betfair, the punters will be provided with a more all-rounded betting experience. This is also what sets Betfair apart from most of their competitors, as the unique style of betting adopted by them proves to be more lucrative for punters in the short-run.
Sporting Exchange Ltd
Hammersmith Embankment, Chancellors Road
London, W6 9HP
|Betfair.com online since:||2000|
|Licensed in:||UK, Australia, Malta, Italy, Austria and Germany|
|Betting odds types:||Decimal (example: 2.00)
American (example: +100)
Fractional (example: 1/1)