Betfair – It’s A Fair Bet
Published on 09/09/16
There’s no doubt that Betfair revolutionised the Betting Markets in the UK and other regions and, whilst Bookmakers may have done nothing but bemoan losing a large share of the betting market to the original Betting Exchange, punters have never had it so good!
Before Betfair entered the market in 2000, the only way a punter could make money was by backing winners. However, Betfair also gave punters the chance to lay horses or selections in other sports – making the betting markets more competitive overall – and forcing bookmakers to up their games as they strived to maintain their market share.
Nowadays, of course, Betfair is much more than just a betting exchange. It now offers punters a Sportsbook which operates on the same lines as a traditional bookmaker – but it’s a sportsbook that also offers punters plenty of promotions and concessions.
New Customer Offer and Wagering Requirements
If you’ve never previously had a Betfair Account, then the New Customer Offer of Depositing £10 in the sportsbook and getting a £30 free bet is a great way to see what Betfair is all about. Even better, your free bonus does not need wagering prior to any withdrawal being made – and the only stipulations are that the free-bet is placed on a selection with odds of 1.5 or greater, and within 30 days.
Promotions And Concessions
Betfair offers punters some great promotions and concessions on sports such as horse racing, football and tennis.
If you fancy a horse going off at 3/1 or greater in a televised race and it wins, then you should find yourself in line for a free-bet equivalent to the stake you placed on your original selection (Maximum limits apply). You’ll also find that all Betfair Horse Races offer best-priced guarantees, meaning if you take a price and it’s returned at a bigger SP – you’ll get the bigger price.
Tennis and football punters can also enjoy Double Odds Promotions. An example of this is if your tennis selection loses the first set but goes on to win his match at the US Open – you’ll get paid at double the odds. These promotions regularly change to reflect the big sporting occasions – so just keep checking the promotions page.
Betfair offers live-streaming on all UK and Irish Racing, with only a 50p minimum bet requirement to watch as race. You can also bet-in-play on many markets, and Betfair Sportsbook’s new cash-out option allows you to fully or partially cash-out many horse racing, football or tennis bets, as well as bets on other sports.
There’s also Acca Edge to look forward to on many sports, and you can get your bet back as cash if one or more of your selection let you down on trebles or above – but make sure you opt in to Acca Edge.
As I said – Betfair – It’s A Fair Bet!