Betfair Sportsbook Review
About Betfair Sportsbook
Betfair (most popular in United States) associates many players with exchange-listed sports betting.
Undoubtedly, it is a unique product as a sports exchange-market and it is the best of such on the market today. Betfair has been made a very well known and deservedly popular among those who want to make money on sports. Equalization of profit and loss, lack of margin and almost limitless possibilities are the main advantages of Betfair exchange! But the problem is that speculation is very different from the usual bets in sportsbook, and its principles are fully understood by few, and they lose money for this reason.
In addition, Betting Exchange has its drawbacks:
- You need special software for a successful trade on Betfair, but really good programs are not cheap;
– Exchange trading requires skill;
– Many unpopular markets for trading on the betting exchange is not liquid, and they just do not get to bet on the desired odds.
Betfair understands this and in order to cater to all its customers, at first, introduced bets “fixed odds,” as an experiment, and then a full Betfair Bookmaker, which I dedicate my current review to.
Bookmaker Section on Betfair opened in 2013, before that the “Fixed Odds” was available as an experiment on the exchange rate. Now the interface of the bookmaker has been translated into English. But for those who play in betting exchange, everything will be clear, as the navigation is similar.
In Betfair bookmaker, compared with the exchange market, of course you are playing against a bookmaker. But here you can be guaranteed to wager on any event without the fear that it will not be liquid, because there is no such thing as “liquidity” with this bookmaker.
The minimum bet at Betfair bookmaker is only 16 cents. This is another advantage over other Exchange bookmakers, where the minimum bet is set at around $4.
It is pleasing that the bookmaker has retained all the advantages of its “elder brother,” the Betfair Exchange, such as: online translation, a great line-up and the choice of markets, statistics, excellent live games and much more.
Betfair Sportsbook – Deposit / Withdrawal and age verification
“Know Your Customers” (KYC) on Betfair is obligatory; there are no exceptions here and at the bookmaker. We need not fear this test, it is very simple, and you open endless opportunities for betting on Betfair bookmaker after this.
KYC on Betfair is one for all products, so after the verification you can play without any problems and the withdrawal of winning as on sportsbook, and in exchange, poker, casino and so on. I recommend making a deposit only after verification. For more information on identity verification procedures, read the review exchange of Betfair.
After verification, you can proceed to deposit funds on Betfair Bookmakers. At the moment there are available systems for the input and output of such payment:
- Minimum deposit is $10 (for Skrill – $20)
- The minimum withdrawal is $10 (can differ for different payment methods)
Betfair Sportsbook – Bets
So, visit the Betfair home page and click on “Sportsbook” button in the upper left corner:
The first thing to do is to navigate to Betfair bookmaker after registering is to switch the odds display to your desired decimal or fraction. To do this, scroll the browser window to the bottom, and in the field “View odds as”: select “Decimal”:
Click on “All Sports” to select the desired sport. At this point in Betfair you can bet on:
Football at Betfair Bookmakers with very good line-up. Even unpopular Leagues are given 20-30 markets on every match. For example, you choose a top match, on this, besides the usual markets you can bet on: cards and corner kicks (fouls, odds, half’s …); penalty bets, bets for scoring players…
It is very interesting on Betfair market “during the match.” Besides that, there are always a lot of events on Betfair Live, there is one interesting feature, which is “Cash Out”.
“Cash Out” is a feature that allows you to exit the LIVE market with guaranteed profits (or minimize losses) at the touch of a button, as well as in exchange. Profit (or loss) is calculated as the difference between the oddsyour bet and the current ratio. This is a really unique feature and it qualitatively distinguishes Betfair from many other. Moreover, you can even take advantage of the payment even in multiple bet (assuming that all multiple bet events are already LIVE). If you want to select all the markets in which the payoff function is now available, just click “Cash Out”:
Betfair Sportsbook – Finance
|Transfer method||Deposit||Withdrawal||Min. amount (D/W)|
|Bank wire transfer||£10/£10|
Betfair Sportsbook – Support
|Live Chat||on site|
|Phone||0344 871 0000|
Betfair Sportsbook – Other information
|Restricted Countries||United States, Hong Kong, China, Turkey, France, South Africa, Japan.|
|Sports||American Football, Soccer, Ice Hockey, Basketball, Snooker, Tennis, Horse Racing, Greyhounds, Gaelic, Voleyball, Cricket, Darts, Fighting, Floorball, Futsal, Biatlon, Pool, Water Polo…|
|Betfair Exchange – min. bet amount||£0,16|
|Betfair products||Betting Exchange, Casino, Poker, Games, Arcade, Bingo, Sportsbook, Pools Betting, Live Casino, Vegas.|