Betfair is an online gambling company that operates the world’s largest online betting exchange. It is one of the world’s best-known operators due to the simple fact that it is entirely different from other betting companies. Over the years, Betfair has become a popular betting exchange, while also offering the services of a traditional bookmaker. Get your own original Betfair account via the best agent.
The company was founded in June 2000, by Andrew Black and Edward Wray. Betfair was the first betting company to sponsor an English football team, before the Gambling Act 2005 permitted the industry to advertise it. In March 2011, the company moved some of its operations to Gibraltar to reduce the amount they paid in tax. In May 2012, Betfair launched a Sportsbook service to compete with traditional bookmakers.
Betfair claims to have over 4 million customers (1.1 million active customers) and a turnover in excess of £50 million a week. Betfair charges a commission on all winning bets, the market base rate is set at between 5 and 7 percent of the net winnings for most markets, depending on the country you reside, although according to how much a client wagers on the site, it is possible to reduce the base rate by as much as 60%. However, if a bettor on the website is efficiently profitable Betfair will require them to pay at least 20% and up to 60% of gross profits in total charges after they have participated in 250 markets. These charges are non-refundable if the bettor’s account subsequently goes or reverts to an unprofitable status/
Betfair is well known for its huge liquidity and a big variety of offers. Both sportsbook and Exchange offer events in more than 300 leagues for most different sports among which you can find football, American sports, Volleyball, Racing, tennis, and Hockey. The betting types include the most popular 1×2, Over/Under and Handicap as well as HT/FT, double chance, the first goal, draw no bet and match odds. What made Betfair famous was its special feature known as the “lay” option. Through it, punters were allowed to bet against something happening. This option was so revolutionary that it became a staple for all betting exchanges. In order for you to be sure, you can also check the review for Betfair on ACC-EX.
The main point though, is the sheer number of licenses and certificates this casino holds. If a country has a licensor, then this casino probably has the license. It is tested and secure to make sure you and your money are safe and secure. Betfair is the dream of every bettor and you can have it now, regardless of your place of residence. Open an original Betfair account and enjoy the endless possibilities it offers.Betfair Review,