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Tuesday, 06 January 2009
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Betfair
 

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Betfair is one of the world’s largest gambling operators, with over 100,000 customers betting each month from all over the world. Betfair operates very differently from the tradtional bookmakers. Basically, you offer the choice of odds you want to other people, and they in turn choose whether to take your offer or not. In a sense, it is a Punter vs. Punter, and not Punter vs. Bookmaker. This gives you BETTER odds since it cuts away the middleman. If you want the best odds around, sign up with betfair!

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 What we like about Betfair

  1. REALLY REALLY good odds - There is no denying this fact
  2. Service - It is stated on their website that they will answer all emails within 4hours.
  3. Big brother - We like how they are the biggest betting exchange website in the world, having over 100,000 customers placing bets with them. You can have a peace of mind that they won't just close down one day.
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 What we dislike about Betfair
  1. Learning curve - The number One problem with Betfair is that its system is fairly complex. The way betting is done is confusing for a first-timer and really, quite a turn off. However, take heart that within a hours, you'll master it, and  take advantage of its excellent odds.
  2. Vaildation required - For full access to all services and products you'll have to validate you're above 18. Now, all we want to do is place a wager, but to gain full access, we have to validate. Honestly, its quite a hassle.
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Licensed in:
UK, Australia, Malta, Italy, Austria and Germany
Address:
Betfair, PO BOX 34467, London W6 9WS, United Kingdom
 Phone:
UK 0800-358-8833, Malaysia 1800-808-188, International +44208-834-8065
Email:
Established since:
1999
Curriences:
UK Sterling, Euro, US Dollar, Hong Kong Dollar, Australian Dollar, Canadian Dollar, Danish Krone, Norwegian Krone, Swedish Krona
Singapore Dollar
Deposit Options:
Entropay, MoneyBrookers, Local Bank Transfer, Credit Card(Maestro/Visa Delta/Visa Electron or Lazer Card), Debit Card, International Bank Transfer, NETeller, Paypal, Click&Buy 
Withdrawal Options:
Entropay, MoneyBrookers, Local Bank Transfer, Credit Card(Maestro/Visa Delta/Visa Electron or Lazer Card), Debit Card, International Bank Transfer, NETeller, Paypal, Click&Buy 
 Service:
Betfair stated on its website it would ATTEMPT to answer all emails within 4hours. I tested it out, and agreed, they did.
 Odds:
Betfair operates very differently from the tradtional bookmakers. Basically, you offer the choice of odds you want to other people, and they in turn choose whether to take your offer or not. If you want to back a selection, the odds are likely to be better than a traditional bookmaker, because punters are setting prices on Betfair markets based on their opinions and (unlike a traditional bookmaker) they do not build a margin into their prices. So yes, betfait's odds TEND to be BETTER.
Financial Standing:
 Betfair is one of the world’s largest gambling operators, with over 100,000 customers betting each month from all over the world. No issues here.
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