Betting and earning on Betfair exchange
Betfair is the best online betting platform and exchange in India. It is both a bookmaker’s office and a sports exchange, there is also a casino and a poker room. Therefore, for professional players, the site opens up quite wide opportunities for passive income. It is not difficult to learn how to make bets, if you know the basics and use the tips. There are two ways for users to make money on Betfair:
- To bet against the bookmaker, as in a regular bookmaker’s office;
- Make bets yourself with other players by offering them your bets, or accept bets on the terms of other
This gambling place started its activity in 1999. At the very beginning, the company was called The Sporting Exchange Limited. The company was one of the first to offer players to bet not against the bookmaker’s office, but against each other. And at the beginning of 2002, Betfair owned more than 90% of the sports betting market.
In order to receive a passive income, you need to stick to a certain strategy of playing and trading on Betfair, learn all types of bets and their odds. Let’s understand everything in order.
Types of bets on Betfair
To begin with, you need to choose a section on the official site – a bookmaker’s office or an exchange. The order of bets in a bookmaker’s office bettors with experience are well familiar, but the betting strategy on the Betfair exchange requires a more careful study. Here there are 2 variants of the game to choose from:
- the game goes as in the usual bookmaker’s office, only in the role of the bookmaker is not the exchange, and other players.
- you have to offer your own betting odds on a certain outcome of a sporting event.
To make any bet on the betting exchange, it is necessary that the bet is paired. For this purpose, either you bet against other players, or they should bet against your option.
There are two betting columns opposite each outcome. By selecting the odds in a particular column, you agree to the outcome and bet “for”. If the event plays out, you have calculated, you are rewarded. In the other column you bet “against”, and to win you need to play the opposite event.
Currently, the Betfair betting exchange has over four million registered customers, most of them from India. There are over seven million transactions a day. This means that when you play on this platform, you will always have a high level of security and reliability. Beginner players can gain experience with a special service, which details all the tips and features of the Betfair betting exchange.
How to learn to play the Betfair exchange
First of all, when starting to play at Betfair, study its rules carefully. There are pending bets on Betfair: it is possible to set a “leave” for bets that have not been accepted. They will be accepted the moment the exchange market is activated. There are also many other nuances that are outlined in Betfair’s rules for players from India.
Here are the tips we give for beginners:
- Include a “what if” feature that allows you to estimate possible wins and losses before a bet is placed;
- By default, profits and losses are shown without system commission, which is 5%, but you can change this parameter in the settings;
- At the beginning, avoid making large deposits, large and live bets;
- Correctly determine the moment to enter and leave the market;
- Study the most profitable Betfair strategies.
A player can calculate in advance the odds for or against a bet based on the available offer, and decide for himself whether it is worth betting.
How to register at a Betfair betting exchange
As with any other betting and casino and gambling place, your age must meet the requirements of the gambling place and the bookmaker’s office. Your current age, as per your document, must be at least 18 years old.
- To register on the Betfair betting exchange – press the “Registration” button on the main page and go to the registration form. To register you need to fill in all the fields of the form, and specify the valid data, which must later be confirmed.
- Particular care should be taken when selecting currencies. If you make a deposit or withdrawal using your bank card, select the currency your card is in from the list.
- To complete registration click “Continue Securely”.
Next you will need to complete verification, or identity verification, of your Betfair customer. This is a requirement for all players: the betting exchange must be satisfied that you are over eighteen years old and that the details you have entered when registering are correct.
Facts and Features of Betfair
Why this place is so popular for players from India, you will know if you look at these benefits:
- There’s Exchange and Sportsbook;
- Both “lay” and “back” bets are available;
- Big odds with a high winning percentage;
- Available options “Keep bet” and “Withdrawal”;
- Minimum bet that everyone can afford;
- Has a mobile app as well as a website for mobile devices;
- The platform is available in 8 different languages;
Betfair is the best betting exchange and the best bookmaker you could ever find. They have already made a name for themselves with their unique features. With this bookmaker, you can find everything you are looking for.
As we mentioned earlier, Betfair offers a variety of betting options for Indian players. From sports to current events , you can find a lot to interest you. The catalog is one of the most extensive you can come across. Soccer and horse racing tend to be Betfair’s two main areas of focus, but you can also find a wide coverage of events from very popular sports like tennis and cricket. Here are the sports you can bet on: American soccer, athletics, baseball, basketball, boxing, cricket, darts, cybersports, soccer, golf, greyhounds, handball, horse racing, ice hockey, mixed martial arts and winter sports. You can also find current events that you can bet on for all users from India in the “Current Affairs”, “Financial Betting” and “Special Betting” categories.
High Betfair odds
A betting odds is a numerical multiplier that expresses the probability of a particular event in a sporting contest and includes the bookmaker’s margin. Understanding what the betfair odds are gives bettors in India the potential to win on a sports bet. The betting company Betfair puts a high margin (8-11%) on betting on sporting events for all players. However, you can find very tempting betting offers on the exchange, which you can find out already on the Betfair website. But there is a different system of forming, in fact, the company may take a small percentage for providing a platform for betting between customers.
Free Betfair forecasts are sports analytics and advice on “what to bet” from the experts on the blog of the largest betting exchange in the world. Betfair’s predictions for the English Premier League are prepared by James Monte, a member of the exchange’s market operations department. Paul Robinson, the winner of Betfair’s first Betfair predictions competition, runs a column titled “Against the odds” where he makes risky predictions on national league games. The games of La Liga are predicted by Tobias Gourlay, journalist-editor and expert in Spanish soccer.
Betfair Bundesliga predictions by Kevin Hatchard, soccer commentator and reporter for Sky News Radio. Betfair’s Serie A predictions are written by Dave Farrar, commentator on the Italian premiership matches on ESPN, former Eurosport and BBC employee. Betting on the French First League is recommended by James Eastham, a sports correspondent and successful forecaster from France.
These and other Betfair analysts regularly offer free predictions on national soccer championships, the Champions League and Europa League, tennis and other sports.
Football on Betfair
Betfair’s football offers cover the action of the beautiful game that happens all over the world.
When you join Betfair, you get immediate access to the football markets on the betting exchange, allowing you to bet against other Betfair customers by backing and placing outcomes at odds that you set. This allows you to access Betfair football odds that are very difficult to find at other major bookmakers and online betting sites.
Having revolutionized online betting with the Betting Exchange, it launched its own betting site in 2013, offering fixed odds on a huge number of sports, including all the major football leagues in the world.
The Betfair Sportsbook offer has allowed fans to turn their football predictions into bets on a much wider range of games in some of the world’s major leagues, as well as some obscure competitions.
Betfair Football tips
At Betting Betfair you’ll find daily announcements of selected games, including the best football betting tips of the moment. The best football tips are chosen from a range of markets such as “Both teams to Score”, “Total goals” and “Win to nil”.
The experts explain the reasons behind each tip so that you can make an informed decision about whether you want to follow it or not.
Explanation of football tips
Every game week, football experts study stats, form, injury news, historical data and any other relevant information to give you their top tips for a range of popular markets. They announce every Premier League and Champions League game as well as Championship, English Football League and top European leagues.
Betfair’s dedicated betting consultants give you the best football betting advice for all the key games in the top divisions of Europe. Previews are published up to 24 hours in advance so you should have plenty of time to research all your predictions.
If we are talking about tennis betting, we can observe strong fluctuations in the quotes in the live mode. Such fluctuations create some opportunities for the attentive player. Many trading strategies are based on the crowd motives, as well as on all kinds of regularities. The same can be seen in tennis betting. The most important thing in Betfair is to have patience and choose the right strategy, and then the profit will be just a matter of time.
Expert bettors publish tennis predictions for ATP and WTA Tours, including all four of the annual Grand Slam tournaments, covering round after round. They have extensive and up-to-date knowledge of tennis and are dedicated to researching the form, the best betting tips.
Betfair tennis tips for the big events
Every year Betfair provides tips on four Grand Slam tournaments – Australian Open, French Open, Wimbledon and US Open – with previews, pre-tournament tips and daily tips when the event has already started.
You can bet on singles games or combine Betfair tennis tips. It’s your choice!
Cricket for Indian players on Betfair
Very briefly about cricket itself. It is played on an oval field by two teams of 11 players each. In the center are two pairs of goals – three sticks with two cylinders on them. One of the teams tries to knock them down by throwing the ball, and the other tries to hit them back with the bat. The goal of the team: to score more points, which are awarded for successful reflection of the ball, knocking down the goal, running across the field, etc. The game has a lot of nuances and tactics, so to an outside viewer it may seem too complicated, confusing and sometimes boring. For example, in the “test match” confrontation between two teams can last for five days. Emerged in the XXI century format T20 provides the shortest – up to 3.5 hours, and therefore a more dynamic game.
Tips for Betting on Cricket
With the introduction of The Hundred, along with T20, Test matches, ODIs and more, the cricket calendar in the UK and beyond has never been busier.
An exciting mix of new and traditional cricket formats means that all players have more betting opportunities than ever before, and that’s on this site.
Providing detailed betfair cricket tips for games played around the world, from home games to major international competitions including the Ashes, World Cup and Test Championship.
Time decides everything in cricket betting. You need to know the latest team news, form, the latest condition information and more. Betfair has done the hard work for you by developing all the cricket betting tips for Indian and overseas competitions. The experts have years of experience and impressive achievements.
How can you see the latest cricket predictions?
It is easy to find the latest cricket reviews on the official site. They are available for free and appear well in advance of the game or, in case of a direct tip, before the tournament itself.
You can get better betfair cricket odds by betting early, so add Betting Betfair to your bookmarks and check out the latest news and events.