Betfair
2007.05.11 11:18, Own composition
BetFair
This company, frankly saying, should rather be classified as a broker, not bookmaker. The Betfair is a British company, which in year 2000 has started a revolution in the bookmaking market. The Betfair is simply a bet-exchange. It`s the players who decide about the bids price. The Betfair is only acting as an agent here. It makes money from commissions (usually it`s 5 percent), which are being taken from the winning bids. The companies innovativeness brought for e.g. in year 2003 the English Queen prestige award. The Betfair is getting more and more popular in many countries. It`s nothing spectacular because the Betfair is not only revolutionary but also sensational in one.
Offer
Every possible sport event to bet on makes the market, on which bids purchase and sale transactions are being finalized. The more popular the league is, the more players you will find. It`s their demand what makes the bids more comprehensive, it`s also them who decide how much money will land in the pool. In practice it means, that for e.g. when it comes to football, we don`t have the chance to bet on any exotic leagues. Apart from sport, there are also some special offers to bet on like for e.g. Miss World 2007 Election.
User-friendly web site
What is important the Betfair has got his web site in many different languages. The web site is user-friendly and the British company did all their best to explain to all uninitiated players what playing on the bet-exchange is. Especially it`s related to so-called "Lay", that is approach to betting from the bookmaker`s point of view. While playing Lay we have to assume, that a specific result will never occur. We also have to determine the bid. We can check how it works while practice playing. The Betfair is offering a training programme for the beginners. The multilingual support is also available.
Finances
€4 this is a minimal stake binding on the Betfair`s bet-exchange. That`s quite a lot, especially when we will compare it to other bookmaker`s. Deposit money can be paid in to the Betfair in few ways. In case of a bank transfer from a domestic bank account, the minimal payment is an equivalence of about €15. The minimum for the Moneybookers users is €10. For the other ways the lowest amount is €15. Notice! In the Betfair there is no winnings top limit.
Summary
The Betfair is an obligatory position especially for experienced (but not only) players. Comparing to the other traditional bookmakers, here you will find higher (for about 20 percent) odds for events. But it`s only one of the reasons, why it`s worth to be drown into vortex of the bet-exchange.
Our mark: 5.0
www.betfair.com/
This company, frankly saying, should rather be classified as a broker, not bookmaker. The Betfair is a British company, which in year 2000 has started a revolution in the bookmaking market. The Betfair is simply a bet-exchange. It`s the players who decide about the bids price. The Betfair is only acting as an agent here. It makes money from commissions (usually it`s 5 percent), which are being taken from the winning bids. The companies innovativeness brought for e.g. in year 2003 the English Queen prestige award. The Betfair is getting more and more popular in many countries. It`s nothing spectacular because the Betfair is not only revolutionary but also sensational in one.
Offer
Every possible sport event to bet on makes the market, on which bids purchase and sale transactions are being finalized. The more popular the league is, the more players you will find. It`s their demand what makes the bids more comprehensive, it`s also them who decide how much money will land in the pool. In practice it means, that for e.g. when it comes to football, we don`t have the chance to bet on any exotic leagues. Apart from sport, there are also some special offers to bet on like for e.g. Miss World 2007 Election.
User-friendly web site
What is important the Betfair has got his web site in many different languages. The web site is user-friendly and the British company did all their best to explain to all uninitiated players what playing on the bet-exchange is. Especially it`s related to so-called "Lay", that is approach to betting from the bookmaker`s point of view. While playing Lay we have to assume, that a specific result will never occur. We also have to determine the bid. We can check how it works while practice playing. The Betfair is offering a training programme for the beginners. The multilingual support is also available.
Finances
€4 this is a minimal stake binding on the Betfair`s bet-exchange. That`s quite a lot, especially when we will compare it to other bookmaker`s. Deposit money can be paid in to the Betfair in few ways. In case of a bank transfer from a domestic bank account, the minimal payment is an equivalence of about €15. The minimum for the Moneybookers users is €10. For the other ways the lowest amount is €15. Notice! In the Betfair there is no winnings top limit.
Summary
The Betfair is an obligatory position especially for experienced (but not only) players. Comparing to the other traditional bookmakers, here you will find higher (for about 20 percent) odds for events. But it`s only one of the reasons, why it`s worth to be drown into vortex of the bet-exchange.
Our mark: 5.0
www.betfair.com/
