The Benefits of Betting at Betfair
By Beejay on Aug 31, 2010 with Comments 0
Betfair has given the advantage back to the punter and with the ability to Back or Lay your selection at the exact price you want, a betting account at Betfair is about as good as it gets on the punt.
Offering 20% better odds on average than the Australian TAB makes Betfair a necessity for punters whether you bet for fun or are a serious investor on sport and racing.
How is Betfair different from the TAB?
At Betfair you bet against a fellow punter anywhere around the world and a small commission is paid on any winning bet. The TAB places all punters bets into a pool and take around 14% or so off the top before paying winning bets with the remaining funds.
It’s easy to see that Betfair is the place to bet, not the TAB, and no longer do you have to accept the poor odds continually paid out by the TAB.
How does Betfair work?
Imagine Liam Gallagher and Robbie Williams are at the pub in Bondi having a few cold ones and Liam declares that Manchester City are a special in the Derby against Manchester United on the weekend.
Robbie reckons that United are Morals and offers Liam odds of $3.00 about City winning the match. This means Robbie will have to pay Liam $3.00 for every $1.00 that Liam decides to bet on Manchester City.
Liam decides to have $200 on Manchester City, which means Robbie has to pay Liam $600 if City happen to beat United on the day.
Of course, Robbie will have to ensure he has enough funds to cover the payout should City get up otherwise if he was betting at Betfair his bet wouldn’t be accepted.
Robbie checks his pockets and luckily he has enough cash to cover the bet.
To save any arguments, Noel Gallagher is going to hold all the money until the game is finished and then Noel will pocket himself a small commission for holding the bet before he gives the rest of the cash to the winner.
Betfair operates much like Noel Gallagher and acts as the go between for punters who back and lay bets against each other.
In the Betfair world Liam and Robbie would be betting online with fellow punters around the globe and backing and laying bets at the best odds available. Test drive Betfair for free today and check out how good the odds are for yourself.
Try out Betfair for Free today
It’s quick and easy to open a Betfair account and try out the software for free and you don’t even have to try any money. Once you see how good the odds are you won’t ever go back to the TAB. Click the link below to take a test drive today!
The Benefits of a Betfair Account
It’s Your Choice
Betfair gives you the option to Back or Lay your selections which gives you complete control of your betting. Think Collingwood will win the flag to the delight of all Victorians then Back them to win at Betfair. Think the Saints will choke in another Grand Final then Lay them to lose and get in line to collect.
Clever punters back and lay selections then Trade them off to make a profit no matter which selection wins. Much like trading shares at the stockmarket. more info here…
20% Better Odds then the TAB
If you still bet with the TAB then you are throwing money down the gutter. Would you pay an extra 20 cents a litre at a service station for petrol? We didn;t think so. So why bet on the Tote when Betfair odds are 20% better on average than the TAB.
All punters should have a Betfair account to ensure the best odds. more info here…
In-Play Betting
At Betfair you have exciting and popular ‘In-Play‘ betting product where you can have a punt on live betting events after the event has already begun.
Betfair Racing Zone
Betfair also has the unique ‘Racing Zone‘ product which is the complete punting tool if Horse Racing is your go.? Compare Betfair odds to the TAB, check form, daily scratchings, racing results and much more at the click of your mouse.
Betfair Mobile
Check betting markets and place bets on the go with Betfair Mobile application which is also availble for the iPhone and iPad. more info here…
Filed Under: Betting Online
