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Open an account today and claim your Free £25 Bet!
Betfair is the world’s leading betting exchange and a pioneer of betting exchange concept.
Betfair was founded in 1999 by Andrew Black and Edward Wray in order to commercialize betting technology that had been under development. The technology used by Betfair is protected by copyright, and is the subject of patent protection.
The Betfair group of companies ('Betfair') offers a global portfolio of gambling products and services, which includes not only the world's leading betting exchange, but also Betfair Poker, Betfair Casino and a number of exchange-enabled games.
Betfair is a licensed gambling operator in the UK, Australia, Malta, Italy, Austria and Germany.
Betfair is different to traditional bookmakers. At Betfair you have much more possibilities, choice, value and control.
One of the main advantages compared to traditional bookmakers is that at Betfair you can bet that outcome will happen, or that it won’t happen. And that’s not all. At Betfair you can even choose the odds at which you want to play, you can bet whilst the game is in play, and you can choose from wide range of bet types.
If you haven’t yet experienced how betting at Betfair looks like, than you should be familiar with following two terms: BACK – When you ‘back’ your selection, you are betting that your selection will win, or in other words you are betting just like you bet with traditional bookmakers.
LAY – When you "lay" your selection, you are betting that it won’t win. For example, if in a football match between Manchester United and Arsenal you think that Arsenal won’t win, than you can LAY Arsenal to win, at the odds you specify. If Arsenal don’t win, and someone else backs Arsenal to win, you will win the amount that was staked on Arsenal. If Arsenal wins than you pay out the winnings. This way you can act like bookmaker.
If you are UK registered Betfair customer, you should know that on Betfair you are not betting against betting exchange, i.e. Betfair, but against other Betfair customers. That could be one customer or more customers.
If you’re not from the UK, than you are betting directly against Betfair. Deposit methodsBetfair offers all major payment options for depositing funds into your account. You can use all major credit and debit cards, such as Visa, Visa Electron, Visa Delta, MasterCard, Maestro, Solo and Laser, while other payments options like cheque, bank transfer, Moneybookers, Pay-Pal and Western Union are also possible.
The minimum deposit amount depends on currency you selected and deposit method, and varies from £5-10. Withdrawal methodsWhen you withdraw your funds from Betfair, you can also use almost all payment options, and you can withdraw almost any amount, starting as low as £1, and there is no fee for almost all methods. Online securityBetfair possesses a Verisign Class 3 Secure Server Certificate and is a fully regulated and licensed betting and gaming operator in a number of leading jurisdictions. Your full card details are encrypted and sent over the internet only once - when you register your card and your details remain encrypted and stored on Betfair's secure servers. Betfair’s secure payment partners are DataCash and The Royal Bank of Scotland. Open Account OfferBetfair are offering all new customers Free £25 Bet.
All you have to do is open an account with Betfair, deposit and bet up to £25.If you lose your first bet, Betfair will refund your losing bet, up to £25. Open an account today and claim your Free £25 Bet!
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