Review of Betfair by Andrew Patterson |
February 4, 2012 |
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Reviewer:
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Established:
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1999
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Email:
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info@betfair.com
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Phone:
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0870 0110 444
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Website:
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www.betfair.com
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Type:
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Peer to Peer
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Americans:
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no
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Banking Options:
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Credit Card, Moneybookers, Bank Transfer, PayPal
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Sports Offered:
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MLB Baseball, NBA Basketball, NCAA Basketball, Boxing, Cricket, Cycling, UFC Fighting, CFL Football, NFL Football, Formula One, NASCAR, Greyhounds, Horses, PGA Golf, NHL Hockey, Rugby, England Soccer, Italy Soccer, Spain Soccer, Germany Soccer, MLS Soccer, Tennis, Winter Sports
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This is not a bookie. Sure, you can still bet on sports, and other, events, but you're not playing against professional oddsmakers. Instead, betfair provide a market-making service that brings together bettors. This means that odds are typically 20% better than those of most traditional sportsbooks (you pay a 5% commission on your *net* winnings from each event to keep betfair running).
Because betfair is a market, you have a choice between taking the best currently available odds and choosing what odds you want and waiting for someone to accept them - I will be writing another whole article (or two) about the opportunities this give the clever gambler. For now, we'll just say that it's very good indeed. Another good thing is that you have the option to lay selections (basically, it's betting something will lose). This also opens up a number of profitable opportunities for the clever gambler and I will also be writing an article or two on that topic.
The Betfair site is well laid out and easy to navigate. It is easy to find the event you want and easy to find the odds. You place bets in a convenient sidebar, and it is very easy to bet and / or lay multiple selections at once. It is also easy to keep track of your open orders (and current bets) with a convenient pop up window.
Betfair also offer a huge selection of events to bet on. There is usually a very good range of options within each event, like different point spreads, half/full time winners, and so on.
If you're in the UK or Ireland, you can depost by debit card for free. Full credit to betfair support for quick response, and speaking English, and being helpful.
Overall, betfair provides more options, better odds, and a hell of a service. They are getting more and more of my gambling dollars. To top it all off, they have a poker room, which is always fun.
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Bonus Match:
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0%
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Bonus Max:
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$0
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Bonuses:
Betfair offer a $25 free bet when you create your account.
Last Updated: 02/02/2012
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 | 8.5 | (8.0) |
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| 8.2 | (7.1) |
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| 8.0 | (8.5) |
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| 8.0 | (9.0) |
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| 7.8 | (8.2) |
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| 7.8 | (7.8) |
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| 7.8 | (8.2) |
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| 7.5 | (9.0) |
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| 7.5 | (7.8) |
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| 7.5 | (7.0) |
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 | 7.0 | (8.2) |
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| 7.0 | (6.6) |
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Chart Definitions
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Ratings |
Match
How much free money the house will give you as a percentage of your initial deposit.
Max
The maximum amount of bonus money you can receive initially.
Value
The bonus as a percentage of the amount you need to wager to clear it;
[bonus] / [(bonus + deposit) * (playthrough requirement)]
It is an estimate of how much edge you are reclaiming by playing with this bonus.
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Interface
This rates how easy to use and pleasant to look at the company's website and software is.
Variety
This reflects the depth (number of different bets on each sporting event) and breadth (number of different sporting events) of the sportsbook's coverage.
Cashier
This is a rating of how quickly the sportsbook processes
withdrawal requests, how quick and helpful their support services are.
Promos
The more frequent and better the site's promotions are (free bets, bonuses, tipping competitions, etc) the higher score they should get here.
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