Note: Betfair Sports does not accept US players.
Betfair is amongst the largest and most respected gambling companies in the world. This is more than just our opinion as the Queen of England believed similar when she awarded Betfair the Queen’s Awards for Enterprise in the Innovation category back in 2003, and their second Queen’s Award in April 2008, this time for the International Trade category. In addition to praise from England, Betfair has also won several gambling readers polls and has been issued gambling licenses in the UK, Tasmania, Malta, Austria and Germany.
Free £10 Sports Bet at Betfair Exchange – Join Now!
The innovation side of Betfair comes from the fact they do not operate as a traditional bookmaker. In fact their model is appropriately named a betting-exchange. Through this betting exchange, bettors are able to offer one another odds or accept odds posted by other members. Betfair then charges the winning bettor a 5% commission giving them effective odds odds of 1.985 (American Format: -102.5) as opposed to the 1.91 (American format -110 | Fraction 10/11) charged by traditional bookmakers.
The Betfair Exchange model gives players better odds, resulting in bigger wins or smaller losses. It takes a little practice to get used to, however once you get the hang of it, it would be silly ever go back to paying the now seemingly outrageous prices charged by traditional bookmakers.
To get started betting against others in the exchange, visit the Betfair website.
Betfair Sports Bonus and Review
Betfair offers all new players free £10 bet. The terms of this bet are simple: register, deposit and make your first bet. If you lose this bet, Betfair will refund your stake up to £10.
Additional Betfair Bonuses:
Detailed Pinnacle Sports Review
Worth squeezing into this review is the fact that Betfair offers more LIVE-BETTING options than any online sportsbook or betting exchange.
Company Details: Betfair was founded in 1999 and is currently the world’s largest online betting exchange. Each day Betfair processes over £1 million in bets with a weekly turnover exceeding £50 million.
Customer Service: Betfair has knowledgeable customer support reps available through toll free phone and email. Support hours are 3pm to 5am (Beijing time) seven days per week.
Hours: Online betting is available 24/7/365. Support is available 3pm to 5am (Beijing time).
Promotions and Incentives: Betfair does not have too many promotions on the sports side of business. This is because at Betfair players are betting against each other rather than betting against the house. Sports bettors can however take advantage of the dozens of poker and casino promotions available on the Betfair website.
Min Bet: £1
Max Bet: No max bets, however based on the nature of exchange betting you’ll only be able to wager as much as other members are willing to wager on the opposite team.
Reduced Juice: Yes, this is how exchange betting works.
Overnight Lines: Yes, the exchange opens on most major sports the night before.
Banking Options: Betfair is truly a global conglomerate and has dozens of banking options for each country they do business in. For more details see the Betfair website.
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