| Betfair.com is the world’s
largest betting exchange. We have teamed up with Bookiebonanza
to give you the chance to bet in a trusted and secure
environment on anything from football to the rise and
fall of the FTSE.
What is a betting exchange?
Betfair.com is a betting exchange not
a bookmaker. We bring people with opposing views
together to exchange bets between themselves. Betfair
acts as the broker between these people and ensures
that the money is exchanged when bets are won or lost.
Why should I use Betfair.com as opposed
to normal bookmaker?
There are number of advantages in using
Betfair.com instead of another bookmaker.
1) We are a trusted
and secure partner of Bookiebonanza and have
been at the forefront of the online betting revolution
for over 2 years.
2) By removing the bookmaker from the betting
process we have also removed the bookmaker’s margins.
This means that you will almost always
find better odds on Betfair than you would at
a traditional bookie.
3) You can “back”
and “lay” at Betfair.com. When you
back a selection you are betting in the same way as
you would at a normal bookmaker. At Betfair.com you
can also “be the bookmaker” and lay a selection.
When you lay a selection you are acting as bookmaker
and offering odds against it winning. If the selection
loses, then you pick up the backers stake, just as a
bookmaker would. If they win, then you pay out.
4) You can bet “In
Play” while the action is taking place.
On a number of events such as live football you can
bet while the action is taking place. This is an exciting
opportunity to pick up great value bets as the game
develops.
5) When you bet at Betfair.com you are betting
against another person. This means that you can take
money off a rival fan and wind them up in the chat room
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