How Oath and our partners bring you better ad experiences
Want to know how Betfair trading works? See this link HERE! Sure, I hope things are going well for you! Great article Caan Berry!! Betfair promoted some the other year. Not all I have met in person, but amongst a lot of things online these guys are genuine. Amazing, You guys rock!! Until betfair quit Canada in Jan A very sad day. A shame to hear Milorad. Caan, Thanks very much for making so much information available through your videos and blogs. I intend to make this my full-time career from now on, so Wondered if you did courses or seminars or stuff like that?
Fascinating insight into traders, thanks for putting this piece together. Just stumbled across your blog after yep, you guessed it… doing matched betting and arbing for a while.
Hopefully I can get my head around this now — cracking stuff Caan. Top YouTube channel too mate…. How did Paulo only risk in that bet as he said? A quick explanation of that would be great Thanks. Your email address will not be published.
And from now accompany guys up close! I would love to be able to trade again. Cann, I have learned a lot on your blog, thank you for your generosity.
Leave a Reply Cancel reply Your email address will not be published. Betfair odds are available in fraction and decimal format. Odds in the exchange are offered in decimal by default but you can see fractions by hovering your cursor over the selection.
Maximum payout levels and maximum stakes are an important consideration. Many people only discover payment caps when it is too late which can take a real shine off your big win. In the exchange it is simple you can back or lay a bet up to the total amount offered in the pool for that selection displayed underneath the odds.
It all depends what odds you want and what you want win. For the sportsbook it is the same as any other, maximum and minimum bets are restricted by the type of selection s and the odds you are backing. Always check the terms and conditions before placing a bet. If you place bets on multiple selections from different markets remember your bet will be capped by the market with the lowest maximum payout so always check in advance.
Betfair were the first bookmaker to offer live in play betting on their exchange all the way back in As a result you may expect Betfair to offer a full in play service and they do. The in play section is comprehensive offering everything a punter needs to place a bet in both the exchange and sportsbook. As well as a full spectrum of live streaming there are also live scores, form guides and news and tips. The in play sections are split by sport and time and this creates an easily digestible page that allows you to find your market really quickly.
The live betting section on the exchange is definitely better than that on the sportsbook. On the exchange you can create your own in play custom section and plan ahead days in advance.
Both in play sections are decent on the mobile app, with odds quick to find in your desired market. The live feature is possibly the redeeming feature of the mobile exchange app, and after all live betting on mobile is probably the most critical feature to get right. Of particular note is the speed of refresh. Odds are refreshed by the second and markets do not spend long in a suspended state during game incidents. This is why Betfair has become the main platform for many professional gamblers.
In play promotions are quite poor with Betfair although the price rush feature does give you a nice surprise every now and again.
For regular in play promotions shop around. There is always something to watch live on Betfair. Streaming football, cricket, tennis, snooker, horses and more the service is great alongside the in play feature and exchange.
You can easily filter the in play section to those events shown live and you can even see live events days in advance. Combined with the depth of markets offered through Betfair you can really see why professional punters spend a long time on here.
Betfair don't tell you the exact number of broadcasts they stream, I think it is in Bet territory at around , each year. Streaming services are free to watch by all members as long as you have funds in your account.
The minimum goes up however depending on the type of bet you have place. All streaming services are available on mobile too, and just remember if you want to watch and not bet, leave some cash in your account to do so.
Betfair offer so many apps you may need a whole new phone memory to cope with them all. There are independent apps offered for the sportsbook and the exchange too. This is slightly frustrating as it prevents easy comparison between the exchange market and fixed price market. The benefit of splitting the services between apps means they are simpler with less content.
The positive aspect is all functionality of the main site is offered on mobile through the various apps. For the main sports app, besides the colour scheme, the app is quick to load and odds are really clearly displayed, although text can be quite small. The simple menu options top and bottom make the app easily searchable, you can switch from home, to highlights to in play really quickly with promotions and A-Z lists clearly visible.
You can manage your account as you would online and promotions are clear and easy to find. A real winning point if this app is you can place a bet really quickly as you quite often want to do on the move. This app rates highly on both Apple and Android. The exchange app comes in a poor second to the sportsbook app. Considering how long the exchange has been running you would think they would have this pinned down by now.
The menu options are much less clear and you find yourself having to press 5 or more options before you are given your market with odds. This makes the app slow especially on mobile networks, not good for placing a quick wager. For exchange betting I would recommend sticking to the main site, even the mobile site is better than the app for me.
The Betfair gaming and casino apps are variable in their functionality. The casino app and arcade app are great and worth a try. Betfair have one of the nicest Cash Out features available in both the sportsbook and exchange, available on desktop and through the mobile apps.
Betfair basically invented cash out and so you would expect it to be good. They are also one of a few bookies who provide full partial cash out functionally at present. Combined with the live betting and streaming this is a really professional package. Cash Out is also available on live horse racing with Betfair for win, each-way and multiple bets, which is a very novel feature, in fact they were also the first bookmaker to provide this service too.
Betfair also win when it comes to the range of markets that Cash Out is offered on. You can find all events on which Cash Out is available by clicking the tab on the top menu bar, you will find the offering is extensive. Cash Out is also available on most in play markets, if a selection is valid for the service there will be a clearly visible yellow icon above the odds of the selection.
After qualifying Hamilton is in pole position on the grid. You can chose to cash out your bet at any point to mitigate your risk and this offers a completely new tactical dimension to betting. Be careful though as your Cash Out settlement amount will always be a lower value than your potential winnings would be if you allowed the event to run to completion. Partial Cash Out makes this more exciting still.
Cash Out is so much fun. Betfair offer a full range of casino and gaming services on the main site and through mobile apps.
These include, casino, live casino, poker, exchange games, arcade, vegas slots, bingo and pools betting. There are a plethora of mobile apps bespoke to each category and you can receive additional sign up bonuses for these services. The exchange games feature is a nice product from Betfair and not really matched anywhere else. Sick of losing money on games and casino then you have the option to lay bets here too and act like you own your own little casino.
As a modern online only bookmaker Betfair make a decent effort to interact with customers though social media. Their main Facebook page is updated hourly with trivia, news, promotions, prizes and alike. The Betfair twitter page is great too, updated very regularly it is brimming with offers, prizes, news and more, see Betfair.
Betfair also offer a separate twitter help feed BefairCS and also feeds specific to the exchange, horse racing and even feeds in Spanish and other languages. The professional gamblers bookie. There has to be a reason why so many professionals make their living through the Betfair exchange. The simple value, range and depth of the exchange is unparalleled, quick and really easy to use.
The sportsbook on its own is nothing to write home about but the offers a are good and its added functionality in the context of the exchange. Betfair live betting in play and streaming services are superb, combined with an excellent Cash Out feature they give you as a punter a truly immersive experience. You will either love Betfair or not, if exchange betting is your thing you may never go anywhere else but if not there are other comparable of better fixed odds bookies around for you to bet with.
If you like to bet on your computer then this service is supreme however the mobile apps, especially for the exchange, leave a lot to be desired. It would also be nice to see a little more integration of the various products and services too, especially on mobile. Betfair will allow you to bet in a range of currencies and offer many deposit methods, now including cash.
A big criticism of Betfair is their insistence on passing some of on the cost of financial transactions onto their customers, so beware before you deposit that you check any fees.
For details on how each payment method works see our table above or visit payment options section. Placing a bet is a breeze with Betfair, sign up, deposit by any means discussed here and in any currency shown here and you can create your betslip.
Once you have your selection s on the slip click place bet and you are done. Betfair will take bets in 7 different currencies although once the account is open you are fixed to your currency of choice. With no real world presence you previously could not bet with them in cash, however since their merger with Paddy Power you can now deposit in cash in Paddy shops using your account ID and photo ID once your account has been verified.
Fees apply to deposit using many of these methods, for example a 1. There are fee free methods of payment too though such as Skrill. Withdrawals with Betfair are fortunately free, with the exception of express bank transfer. You can withdraw using all the same methods by which you can deposit with the exception of pre-paid card and voucher systems. Betfair operate a closed loop policy meaning you must withdraw your funds using the same mechanism by which you deposited initially.
Withdrawals to card generally take around working days due to normal banking procedures although withdrawals to online digital wallets such as PayPal can clear in a matter of hours. There are no minimum withdrawal limits to card and PayPal, which is a nice feature.