Without betting exchanges such as Betfair, you would not be able to lay off your bets. You would still be able to use the bookmaker, but this would be gambling. To Lay a bet is to bet against it happening, so to have a bet for and against the same team, one of these will win.
Betfair have fantastic servers, which rarely go down for maintenance. I have used Smarkets time and time again, but on most saturday afternoons it struggles to keep up with demand. Betfair has never let me down.
Betfair is the most popular exchange, as it was the first website to offer the ‘exchange’ system. This means there is much more money available in the markets which you would be betting on.
The user experience is fantastic. With Betfair, you get the option to Live Stream most events, which adds to the ‘value’ factor of using the website.
Betfair are the only exchange that sends out promotions, whether it be for the exchange, or their other products. This also adds to the ‘value’ factor and can earn you a bit of money if you’re lucky with wagering it!
A Generous sign up bonus of £30 shows how much they value their customers!
When Matched betting, you will find lots of price boosts that you can’t use other exchanges to lay off with. This is because Betfair have a market for everything you can bet on, meaning now all price boosts can be profitable!