Exchange Bet Betfair

All exchange Betfair bets have been placed there by users who either want to have a bet in the normal way (back), or offer odds to other punters (lay).
Bets are matched on Betfair between people with opposing views.

When you "back" a selection on the exchange (be it an individual, a team, horse, dog or other), you are betting that it will win. This is just like betting with conventional bookie.

When you "lay" it, you are betting against it winning. For example, if you're betting in a market on which team is going to win the Premiership and you lay Man Utd, you offer odds to other punters who wish to back Man Utd. If Man Utd don't win, then you pick up the backer's stake. If Man Utd wins, then you pay out. This is what bookies traditionally do.  www.betfair.com

Bet on a wide range of sports at betting exchange Betfair including:
Horse Racing, American Football, Athletics, Football, Snooker, Cricket, Greyhound Racing, Tennis, Baseball, Golf Darts, Basketball, Formula One, Cycling, Rallying, Rugby, Boxing, Winter Sports, Finacial Bets, Politics, & Special Bets. (see www.betfair.com for more details).

Bet types available at the exchange Betfair
There are many different types of bets available on Betfair, here is a selection of the most popular and common bet types you are likely to come across. : Match Odds, Asian Handicaps, Over/Under, Half Time/Full Time, Total Goals, How Many Corners, Half Time Result, Correct Score, Outright Markets, Win Markets, Place Markets, Each Way Markets, Two-Ball or Three-Ball Markets, In-Running Markets, Multiples. (see www.betfair.com  for more details).

Deposit/Withdraw methods available at the betting exchange Betfair
To reflect Betfair's own charges, there is a 1.5% fee for all credit card deposits. There is NO fee for UK debit card deposits or withdrawals to any card. Deposits and withdrawals can also be made by cheque and bank transfer - there is a small fee for bank transfer withdrawals only. These fees are made by Betfairs bank and are not retained by Betfair. (see www.betfair.com  for more details).

'Tip' When opening an account always try and use a debit card for depositing and not a credit card, not only will this save you 1.5% everytime you deposit but the funds go straight back into your bank account when withdrawing in 2-5 working days and with again no costs.

Latest Betfair Bonus
£ (see www.betfair.com  for more details)