Indian Bettors Have Two Ways to Bet at the Popular Betfair Sportsbook
At Betfair you have two completely separate ways to bet. You can hit the regular sportsbook, where you will find odds on cricket, football and US sports. Alternatively, you can try the ‘exchange’. Here you can act as the bookmaker – offering odds to your fellow bettors – or take the odds offered by others.
Betfair are one of the biggest sports betting brands around. They now welcome Indian bettors. There are a range of bonuses and promotions to enjoy. As well as the regular sports betting opportunities, you can bet on financials – or even try your hand at virtual sports. There is also a huge casino, and a busy poker room attached to this site.
Here are some of the reasons to check out Betfair sports.
This review covers both the exchange betting and regular sportsbook at Betfair in depth – with a focus on India. Those welcome bonuses and loyalty rewards are covered first below. Getting around the huge Betfair site is looked at next. You will then find information on getting the best from the exchange and regular sportsbook. Practical information on money management and security follows.
There are two welcome offers for bettors to enjoy. One is a £5 (or currency equivalent) bet on the exchange. This is the form of a no-lose bet. You make a wager, and if it loses you will be credited with a £5 free bet.
The second offer is £10. This is on the smaller side, and you need to wager on the popular slots in the ‘arcade’ section of the Betfair site to clear it. The bonus is simple, you deposit, click ‘opt-in’ and bet £10 on the slots listed. You then get a £10 bonus, which you need to wager 10 times on those games before it can be withdrawn. While this is smaller than at many sportsbooks, the wagering requirement is very low. Many brands ask you to play-through your bonus 25 of more times before you can withdraw any winnings.
You can also enjoy a poker room bonus deal.
The key promotion involves futures betting. If you back a team to win their league, you get action throughout the season. You’ll get an extra bonus every single time they win by 2+ goals.
There are also special promotions for different areas of the site. If you enjoy in-play (live) betting on horse races, you can enjoy a special guarantee. If your horse goes odds-on in the live betting section, and the loses the race – your bet will be refunded.
Finally, Betfair will reward you for referring friends to their site. You can get up to £100 per player sent, depending on their betting levels.
This is a huge site, offering betting on just about every sport you can imagine. Getting around is easy, once you know what to look for.
There are two levels of menu at the top of the site. The items with a yellow background are the big areas. For bettors the main ones are ‘Sports’ and ‘Exchange’. When you access each of these, a secondary (grey) menu will appear. This gives you different high-level options.
When you get to the main screens for either section, these follow regular online sportsbook layouts. There is a list of sports on the left, with the matches and odds in the bigger panel in the middle of your screen. Quick-links are on the right. When you click on an individual match, you’ll go to a new screen which shows all the different betting options. These include the big win / lose / draw odds, plus a lot of different ways to bet. There are also stats available for each match – based on previous meetings of the teams involved.
You can access Betfair on both desktop and mobile devices. There is no software to download to enjoy the full range of betting at this site.
When Betfair first created their exchange, this was a brand-new concept. While there are now other exchanges, none are as big as the one at Betfair.
You can think of this as a giant marketplace. Individuals can bet here, in much the same way as in a regular sportsbook. You can also offer odds – acting as the bookmaker. Other players will then wager on the lines you offer. Betfair take a small percentage as the market maker, though you will keep any profit you make if you offer bets.
Each market, and individual matches show the total cash amount of bets available. While a huge list of sports is available, the biggest markets are for premiership football and champions league. Many people use the exchange to hedge their regular bets. If you get a great price on an event (for example by making an early bet), you can offset some of your risk by offering odds in the exchange.
With a huge list of sports, you can bet on matches from all over the world at Betfair. Their cricket section is busy, with 20/20, internationals and leagues from around the world all featuring. The busiest section is football. This goes way beyond the Premiership / Champions League / Internationals offered by some brands. You can bet on minor league matches from Europe, South American and Asia too.
Golf. Tennis, Rugby, US Sports, Aussie-Rules and even novelty bets on politics or the Oscars can also be found at Betfair.
Cash-out betting is a popular choice, this allows you to settle a wager before the match is completed. There are several reasons to do this. The most common is to lock in some winnings, though you might also want to release some money for a better opportunity. Odds for cash-out betting update dynamically, depending on the state of play.
In-Play betting involves putting wagers on matches that are in progress. This can add some interest to something you are watching, or again be used to hedge existing wagers.
Finally, if there are no matches going on you can bet on ‘virtual sports’. These include horse-racing (both flat and jumps), football, greyhounds, speedway and cycling.
There is a long list of deposit and withdrawal options at Betfair. Here are some of the options which work well for Indian bettors:
You’ll be asked for Id when you withdraw, and this will normally need to be back to whichever method you used to make your deposit with. Betfair has a solid track record of paying out winnings quickly.
This is a resounding ‘yes’. This brand is one of the biggest and most reputable sports betting sites around. They have been running since 1999 – and have no scandals or history of payment delays. Betfair are licensed in Malta and separately by the UK Gambling Commission.
Security is ISO-certified and includes the latest SSL technology to protect users of their site. Betfair also have a very detailed responsible gaming policy.
There are a lot of reasons to make the switch to Betfair. The exchange is a unique way to enjoy sports betting, and for experienced punters a way to make some money by becoming a market-maker. If you prefer regular betting, then the depth of cricket, football and other sports is amazing at this site.
You can bet in-play, use the cash-out betting option or just enjoy promotions and specials on football or horse racing bets. While the bonuses are not the biggest, these are very easy to clear. Promotions on specific events are a regular feature at this site.