Betfair Sports Exchange (visit site)

Betfair Website

Betfair is not actually a sportsbook but rather they are a betting exchange. The major difference between a betting exchange and a sportsbook is that no bookies are involved in exchange betting. Participants in a betting exchange can post their own odds or accept odds posted by other members. When a member posts odds they also specify the maximum they are willing to wager – for example posting $1,000 at 1.91 on the Penguins -0.5 means no one could accept more than $1,000 of the odds posted. If someone comes along and accepts $200 then $800 is still available for other members to accept. If a member has odds posted that have yet to be matched, they can remove or change those odds at anytime. Once odds have been accepted by another member the bet is pending and the terms can not be changed or canceled by either party.

Betfair offers exchange betting on wide range of betting marketing including soccer, ice hockey, American football and much more. They are widely considered to be one of the most trusted and financially secure gambling companies in the world.

Geographical Restrictions: Americans can not wager at Betfair.

Betfair Bonuses and Promotions

Sign up bonus: Betfair is a discount sports exchange that profits based on charging a small commission for each wager placed. For this reason you won’t find many sign up bonuses or promotions on the sports side but will get a 100% up to £50 bonus which can be used in their online casino.

Another thing we should mention that makes Betfair unique: They offer in play wagering on most games.

Bet Jamaica Operation Details

Hours: Internet wagering and phone/email support are both available 24/7/365.

Min. Bet: $2

Max. Bet: No maximum has ever been posted.

Reduced Juice: Odds are posted by members of the exchange themselves. This often leads to reduced juice.

Overnight lines: Yes, games are opened for posting offers quite early for most markets.

Professional Action Limits: Betfair is a betting exchange not a bookie – Therefore they more than welcome professional action.

Parlay Odds: Betfair does not offer Parlays as they are a betting exchange. To the best of our knowledge there are no betting exchange which offer Parlays.

Teaser Odds: The same thing said about paylays applies here. Betfair does not offer teasers.

Betfair Banking Options and Policies

Deposits: The minimum deposit at Betfair is £25 (or currency equivalent). They have a wide variety of deposit options include credit card, PayPal (UK only), Neteller, Moneybookers, Western Union, bank transfers and mailed personal cheques.

Withdrawals: Withdrawals are available as credit back to a credit card of via bank transfer or check. The withdrawal speed is excellent.

Betfair Corporate Information

Company: The Sporting Exchange Ltd (DBA – Betfair)

Established: 1999

Bet Fair Office Address:
The Waterfront
Hammersmith Embankment
London W6 9HP

Phone: 0870 0110 444 (From UK)
1800 944 000 (From Ireland)
1800 759 354 (From Australia)
0044 20 8834 8060 (International)

Fax: 0870 0110 555 (UK)