Betfair

Promo code:

BTE111

Our rating: (5/5)
User rating:

Sign up bonus: 100% up to £25
Founded: 2000
Flash version: Yes
Payment: Paypal, Visa, Mastercard, Maestro, Delta, Neteller, Moneybookers, bank transfer, cheques, western union, clickandbuy
Languages: English, German, Greek, Spanish, Finish, Italian, Norwegian, Polish, Russian, Swedish, Bulgarian, Czech, Danish, Turkish, Chinese
Accepts US-players: No
Review updated: 03.17.2010

It is difficult to write a review of Betfair without getting too carried away, mainly due to the fact that it is impossible to underestimate the effect that they have had on the world of sports betting since their conception.

Before Betfair the bookmaker had the edge and the upper hand on the punter, but the introduction of the betting exchange eradicated all that. Bettors were given a level playing field by being allowed to bet against each other and it forced the bookmakers of this world to rethink their whole strategy.

Betfair Backing and Laying

Explaining the concept of backing and laying to those who are not familiar with it is not easy to do in the space that this page provides. However, in short, backing is the same as placing a bet on something to win as you would at a traditional bookmaker whereas laying is the act of taking a bet as if you were the bookmaker (i.e. betting on something not to happen).

If that doesn't clear things up for you then head over to betfair.com where they have a much more in-depth tutorial which will take you through how it all works.

Betfair Bonus Code

In all honesty the Betfair bonus isn't really anything to write home about, in fact it is pretty much the industry standard. A £25 free bet is offered to anyone who places a £25 bet when signing up for an account and will be available to you within 24 hours of your initial bet being settled when using Betfair Promotion Code "BTE111".

Betfair Markets

The nature of a betting exchange allows Betfair to offer unrivaled amounts of markets and unrivalled betting inplay options. Anything from the traditional match odds and correct score markets are covered as well as first goal scorer, corners and bookings bets, all are available at the best odds around.

The only area that they cannot compete with traditional bookmakers (or perhaps don't need to) is the specials markets, and there is rarely a money back offer available at Betfair.

Every serious bettor should have an account with Betfair, and although the concept can be a little daunting at first it really doesn't take long for the pin to drop. And once it does, you will wonder how you ever managed without them.

Go to Betfair

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