Bookmaker Rating (90)
Betfair is a dual purpose Internet resource. This is a bookmaker, and at the same time, sports betting exchange. That means that you can try your luck at the video slots, games of poker, or gain money through betting on sports events. Nevertheless, the primary function of Betfair is the betting exchange.
Betfair is one of the largest betting exchanges in the world. It is a monopolist on the betting market. The major part of the players and bettors experienced in the sports betting field and who are interested in the betting exchanges, eventually sign up on the company's website.
At the same time, it is the most expensive betting exchange in the world. The commission on every win ranges from 5% to 7%. The exact volume depends on the country where the bettor is registered from. The high commission is to be compensated by the market liquidity.
Betfair betting exchange started its working in 2000. The company was initially called the Sporting Exchange Limited. The founders of the betting exchange were first who offered customers betting not against the bookmaker, but each other. From 2002, Betfair gained more than 80% of the sports betting market.
In 2011, the company acted under a license of Gibraltar. On the other hand, it may lead to the overlapping of the Betfair free bet platform in countries where offshore firms are forbidden.
Today, more than 5 million customers are registered on the Betfair betting exchange website.
More than 6 million transactions are performed daily. Newbies can gain priceless experience with the help of a particular service, where all the nuances and features of working with the Betfair betting exchange are described in detail.
The current welcome bonus rate for new customers is twenty euros. To get the bonus, a new bettor must top-up his account within 7 days after registration on the website and submitting the Betfair Bonus code. If a player bets on this sum and loses, Betfair refunds the money.
This service works quickly and efficiently. You can get the answers even in Russian. You can ask for a solution concerning your issue by e-mail or cell phone. All necessary contacts are available in the special section on the website, and depending on the category of your inquiry, you should choose a specific address for the appealing.
The predominance of positive reviews about Betfair indicates the undeniable reliability of the company. It unreasonably does not limit payments and does not cut the billing; the withdrawal of funds is fast and easy.
The main disadvantage of a betting company is the fact that Betfair is forbidden in Russia. The bookmaker, unlike many competitors, does not produce dozens of "mirrors" to attract the customers. Currently, the information about the ways to access the company's portal can be found in the official communities of the betting exchange on the Internet.