Review of BetFair sportsbook – online sport betting
In 1999, two young men, in search of completely new earnings, developed a unique concept of bets. This was a revolutionary idea in the world of sports betting. This system was based on the absence of a bookmaker in the betting system. The client becomes the participant of trade, and can set the odds.
The company earns a percentage of the winnings, and has a stake in client`s wins. This percent is neither more nor less than 5% of the total winning amount. BetFair has invented the most popular online exchange sports betting in the UK and throughout the entire world.
This system has become absolutely revolutionary, because it increased the revenue by 20%. The customers have the advantage because they have the right to choose. BetFair sportsbook gives an opportunity to bet against another customer and the bookie is not involved in this process. They just earn a commission.
BetFair online betting gradually has developed and improved customer`s service. One of the improvements is sending SMS messages to registered users with the score or any changes in the game.
The decency of BetFair sportsbook can be proved by the several arguments. BetFair operates under license of the United Kingdom. It has the strictest gambling law and the license is one of the most valuable.
The design of BetFair website is very pleasant and stylish. It uses bright colours that don’t irritate while betting on the website.
BetFair online suggests a lot of useful information, especially helpful for the player will be tips and predicts of well-known people. These tips often consider the upcoming matches and will be useful for the choice of correct wager at BetFair.
At the bottom of the screen there is information about the rules of the betting at BetFair, terms and conditions, payment systems, license and so on. There is a video on the website that will help the beginner to understand how to bet properly.
BetFair as any reliable sportsbook is interested in maintaining customer database and providing timely and quality technical support. The customers can contact support team by phone (+44 20 8834 8060) e-mail or by fax (+44 20 8834 8056).
Waiting time for the response is 2-4 hours. If the customer uses live chat, the first answer will be received in 30 seconds.
Deposit and withdrawal methods, payout times
Even despite the fact that BetFair is a British company, they try to attract foreign bettors. There different ways to deposit and withdraw money at BetFair sportsbook. Customers can use Bank transfers, Cheques and electronic wallets. The most popular are PayPal, Instadebit, Ukash, Skrill, Neteller and Visa/Mastercard bank cards.
The minimum deposited sum is £ 10 at BetFair. The minimum bet has changed several times. At the moment it is 4$.
There are 7 currencies available to open an account at this sportsbook. They are US dollar, Hong Kong dollar, Danish krone, Euro, pound sterling, Australian dollar, Swedish krona.
Betting coverage and odds
Today, the Sportsbook covers a large number of sports and many world events, both popular and little-known. Sometimes it even exceeds the recognized world leaders in this field. It covers more than 20 sports disciplines.
The highest odds possible are the feature of BetFair online sport betting. The equal events have the odds of 1,97-1,99.
BetFair has the best bet options for both professional punters and beginners. The customers can bet on the cultural or political events. All the top sports events have the highest odds. The maximum limits are very high either.
In addition to bets on future sporting events, the customers have the opportunity to place outrights.
BetFair online betting charges a defined percentage of the customer`s winnings. The starting commission rate of the bookie is 5%. If the gambler bets at BetFair regularly, he can earn bonus points that will allow reducing the margin.
Mobile betting and promotions
BetFair bookmaker has its mobile version, which is available on IOS and Android devices. Special application can be downloaded from the website. It is free and offers £ 30 sign up free bet. Using mobile application customers can deposit and cash out, bet in-play on every market from the official website.
BetFair has no bonus offers. Regular customers can decrease margin. That is the only offer that can be considered as the bonus.
More than 1 million people from fifty countries around the world bet at BetFair sportsbook. BetFair annual income is 350 million pounds per year.
BetFair review shows that the bookie has several advantages. One of the main advantages is the highest odds. It is the proper bookmaker for regular users and professional punters. The limits of the top matches are also very high. But the maximum bet on the average event rarely exceeds £ 300-400.
BetFair betting is the best online service with perfect game conditions and fast payouts. Many of betting companies hold up BetFair as an example. They try to operate in the same way as BetFair online. Nevertheless other bookies can`t cope with it.
The company has received multiple awards for its work. BetFair was priced for the gambling innovations, reliability rate and a number of other awards.