Betfair review

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Welcome Bonus

Betfair is what you’d call a daring project that, in the course of 10 years, managed to become a highly respected bookmaker. What makes them different from the others is the fact that they specialize in betting exchange, meaning there are no middlemen or traders to set the lines or create margins for you.

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If you open an account with Betfair you may qualify for a welcome bonus offer, which is quite different from all other bookmaker deals. You get a $200 first bet refund if your first $200 bet is lost. The regular sign-up bonus works like usual: you open the account and place your bet with odds higher than 1.5 units. It won’t matter in the slightest if you win or lose; you get another free bet with the same amount you wagered.

Now if your first bet wins, you can call yourself a very lucky person, because as you bet you start gathering bonus points with every bet you place, regardless of the sports discipline. At the end of the month when Betfair does their counting, you might find yourself among those lucky winners of a cashback bonus offer of up to $1,000. Now that you know you’re not risking anything with your first bet, thus making the World Cup even more enjoyable, maybe you could be daring and go for some bigger odds.

Important features

At Betfair you are be allowed to lay a bet, which means you get to bet against a team or for an event not to happen. For Brazil 2014, you could lay on either England or Sweden, which will mean you are betting on them to lose a particular match.

Their high quality live streaming is available, even to new customers, but think how good having a Betfair account will be during the World Cup: you’ll get a sign up bonus, you’ll be allowed to make a minimal deposit but get access to the best odds, you’ll get access to watch all World Cup games for free and you’ll get friendly customer service people.

The in-play betting at Betfair is counted among the most highly respected in the industry. This happens as a result of the betting exchange; all they do is set up the markets and the odds, but the special bets are set by the punters. They just extend the market to live, and you can bet against any punter you like, for any special bet that you think has value.

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On the left of each page on Betfair you’ll find Betcheck, a tool that compares Betfair odds to the other bookmakers on the market so you can track how much money you’ll win if you go for the odds from them. You can check all markets at the same time, or if you went for a correct score bet or a halftime/fulltime one, the selection is as far from you as the click of a mouse.

Investment details

The biggest sports betting exchange community accepts the following currencies: US dollar, Euro, Canadian dollar, Danish krone, Norwegian krone, UK pound sterling, Australian dollar, Swedish krona, Hong Kong dollar and Singapore dollar. Upon signing up they will give you the opportunity to choose the given currency in which you’ll make all your bets, but if you’d like, you can stick with one of the most commonly used ones.

The minimum deposit you can make at Betfair varies between 6 and 15 units of any given currency, and the maximum can be settled after you call customer service and ask for a raise of the deposit limit. In order to transfer money or withdraw them easily to and from the account, Betfair accepts the following payment methods: Visa, Visa Electron, EcoCard, Western Union, Bank Wire Transfer, Laser, Poli, Bpay, Intercash, MasterCard, Neteller, Moneybookers, Click and Buy, PayPal, Entropay, Maestro, Solo and Instant Wire Transfer.

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World Cup Specials

Apart from having the best match odds and what we’re predicting the best tournament odds back in June 2014, Betfair is the ideal platform to use for specific bets during the World Cup matches. It would be advisable to go for the number of goals scored in an encounter or the goalscorer market. Remember that with Betfair you can not only back a player to become the goalscorer of the tournament but also lay against him.

In this way you could both back the likes of Rooney, Ronaldo, Messi and Neymar and then lay against them if something happens during the tournament and the odds for any of them drop. Subsequently, if you know the statistics of the team you’re backing up, you’ll be able to predict more accurately how many goals will be scored, during which time frame and who the last one to score might be.

For the World Cup 2010, Betfair made a separate tournament for the countries with the most loyal gamblers. Spain won even in this tournament with over 28% of the total number of placed bets, Germany had 18% of support, and Argentina had 17%. We’re hoping this comes back for the World Cup in Brazil in 2014, as we’d like to see if the statistics changed in the course of four years.

For example, if you want to bet on Cristiano Ronaldo to score for Portugal, you can back him up at over 2.5 goals and you’ll for sure get odds that are bigger than 2 units. Or if you’re fonder of the English squad then maybe back Danny Welbeck or Daniel Sturridge to score for England if the team manages more goals in the second half, thus the odds will be bigger and with more value. Now we’re left wondering what other specific markets will appear as the World Cup 2014 in Brazil nears its beginning.

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