Betfair

Compared to other sports trading organizations, Befair is literally a sportsbet trading platform. That means it’s comparable to trade stock. Betfair is known as one of the leading betting exchanges. It’s a well established brand in the world of the ‘more serious’ sports bettors. This sports broker is known to offer great odds on the exchange. Just to be extra clear, on this betting platform you’ll be ‘trading’ against and with other players. You’ll be able to back and lay. This is a whole new ball game for most recreational sports bettors, but definitely interesting to look into. Their affinity with football through sponsorships doesn’t appear to be big, but it has been growing in the past couple of years. They have had sponsor deals in the past with football clubs like Manchester United, but more recently they have become sponsors of one of Brazil’s biggest football clubs (Palmeiras) as well as the South American equivalent of the Europa- and Champions League. Let’s provide you with some more info on this interesting betting platform.

The founding and rise of Betfair

It will come to no one’s surprise that Betfair was founded (1999) in The United Kingdom. Ever Since, betfair has grown dramatically and it is known to be an extremely innovative bookmaker. It has won several prizes because of that and in 2003 they managed to win the prestigious Queen’s award! Solely thriving in the British gambling market in its early days, it has now expanded to many different countries in every single continent on our planet. Nowadays, it’s seen as the leading platform when it comes to betting exchange.

Deposits

Betfair offers plenty of options for you to deposit your money into your betting account and start betting or trading. The well known credit cards like MasterCard and Visa obviously and the standard bank transfer. Some online wallets are also included, like PayPal and Neteller. Other options like Paysafecard are also possible to go about. You’ll be able to use most of the bigger currencies out there as well. It’s safe to say that Betfair is a real high-end platform that wants to be recognized all over the world.

Withdrawals

When it comes to withdrawing your precious winnings from your betting account, it is pretty rare but just like all the deposit methods, withdrawal methods are all free of charge. Punters are able to request payouts using the same methods that are used to deposit, like bank transfer, different credit cards, online wallets and some other interesting options. There is a list of all the withdrawal methods sports bettors are able to use including all the information that comes along with it. With this array of options to satisfy their customers, Betfair sets an incredibly high standard within the betting industry.

Betfair customer service

This sports broker also has a really well organized customer service department. It gets very decent ratings from all over the internet. Gamblers at Betfair can get in touch with this department through, Live chat (available 24/7), email, phone but also via some social media channels. Live chat works like a charm and you’ll be able to solve most of your issues pretty rapidly. Email and phone are also good ways to go about, but what intrigues us the most is the fact that they also respond on their social media, which makes it a bit transparent and really strengthens their trustworthy image. Again, Betfair sets very high standards in this area.

Why would you choose Betfair?

If you’re used to playing on ‘regular’ bookmakers where odds are decided by the platform itself, Betfair is definitely something you might want to try once you really know how to place good quality bets. Good thing is that they usually have nice signup bonuses for you to exploit. Betfair has a very modern website that is super user-friendly and shows you how well they have been developed within the betting industry. The application is awesome as well and downloadable for iOS and Android. Both on the app and website, punters are able to follow loads of events on high quality live streams. Things that haven’t been introduced too long ago such as  bet-builders are available as well. We have to conclude that this sports broker scores really high on basically every area there is to be judged. Definitely a platform that every sports bettor should check out, especially the more experienced ones. 

Alternatives to Betfair

Betfair is definitely a unique platform when it comes to sports betting so to find an alternative can be quite hard. You’re basically trading instead of playing against a bookmaker. Orbit Exchange is another trading platform to punt on sports. Betfair is also a very up to date and developed company. If you’re excited about that, Livescore Bet might be a fit for you as well. Having a lot of betting options might be something you’re looking for to expand on what you already have. Bwin, Bet365 and Unibet are known to be bookies that have the widest variety of bets and markets available on an incredible amount of events.