Betfair - The betting exhange specialist

The Betfair group of companies ('Betfair') offers a global portfolio of gambling products and services. This includes one of the world's leading betting exchanges (a concept pioneered by Betfair), which is provided in the UK. Betfair's other betting platforms include a bookmaking operation provided from Malta and a second betting exchange in Australia.

Separately Betfair's established gaming products include Betfair Poker, Betfair Casino and a number of exchange-enabled games. All of these are offered from Malta. Betfair is a licensed gambling operator in the UK, Australia, Malta, Italy, Austria and Germany.

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BETTING
Betfair offers seven main clusters of betting opportunities: Horse Racing, Football, Casino, Poker, Hot Games (Arcade games), Fiancials (The world's global markets) and Hot Bets. The first four clusters offer the latest prices and action on a wide range of matches and games within that cluster. Hot Bets includes the latest prices on the latest games in its exchange facility, from Indian Premier League Cricket and NBA to tennis and golf. The exchange offers the chance to 'bet' and 'lay'.

When you "back" a selection (be it an individual, a team, horse, dog or other), you are betting that it will win. This is just like betting with a conventional bookmaker. When you "lay" it, you are betting against it winning. For example, if you're betting in a market on which team is going to win the Premiership and you lay Liverpool, then if Liverpool win you pay out. This is what bookmakers traditionally do.

MINIMUM BETS
The minimum stake on the Betfair site is generally £2 (or equivalent in other currencies, circa EUR 2.22) whether you are Backing or Laying. If you are betting over the Telephone there is generally a £50 minimum stake.

DEPOSITS
Betfair accepts Visa and MasterCard branded cards from a range of countries and debit cards (Visa-Delta, Switch, Solo, Electron and Lasercard). Players may also deposit money into their player’s account via Paypal, Neteller, Moneybookers, Click&Buy, Entropay, Western Union, 8pay or by bank transfer. The minimum deposit amount is dependant on your selected currency as follows: USD 15 , HKD 150 , SGD 30 , GBP 10 , EUR 15 , CAD 30 or AUD 30.

PAYOUTS
Players may request the transfer of funds from their player’s account to their personal bank account at any stage. Click on "My Account" at the top of their homepage and select the "Withdraw Funds" tab. Your Available to Withdraw balance will be displayed. Simply select the card you wish to return funds to and enter the amount you wish to withdraw. As is the case with most bookmakers, payments to credit card accounts or bank accounts will incur a small fee. However, payments to Moneybookers, Paypal, NETeller and Click&Buy and Entropay accounts are free of charge.

CUSTOMER SERVICE
If you have any questions, you can e-mail Betfair directly. They will attempt to answer all e-mails within 4 hours during Helpdesk hours. If you are an existing Betfair account holder then you should include your username in all correspondence. Helpdesk and Telephone Betting are manned 24/7 by English speaking Betfair brokers.

SPECIAL OFFERS
Betfair offer a £25 sign up bonus. If you open an account, deposit and play a minimum of £25 on any sports exchange markets and you will receive a £25 free bet within 72 hours.

CONCLUSION
Betfair offers players a range of betting options on a variety of sports including one of the world's leading betting exchanges, a concept pioneered by Betfair. The company gives excellent customer service, has a concise and user friendly website and offers the best prices. With the Queen's Award for Enterprise you know Betfair is providing the highest standard.

Bookmaker Betfair