What are the conditions for betting at Betfair?
Discover Betfair, the revolutionary bookmaker introducing the innovative Back & Lay concept. Bet by backing or counter-betting the results in a unique betting experience. Enjoy competitive odds, a wide range of sports markets and the flexibility to play as both punter and bookmaker. Join Betfair for a different approach to online betting.
Betfair, an offshore bookmaker with a tempting betting offer
Betfair is a well-established online bookmaker that offers an attractive betting experience for punters around the world. With a user-friendly platform and a wide range of sports betting markets, Betfair offers a wide range of options for sports fans.
Whether you're a fan of football, tennis, basketball or other sports, you'll find plenty of events and competitions to bet on. A unique aspect of Betfair is its exchange betting model, which allows punters to engage in predictions with other users rather than the bookmaker itself, often offering more competitive odds.
What are the benefits of betting at Betfair?
Betting at Betfair offers many benefits to punters. This explains the growing popularity of the betting site to win.
Exchange betting model
Betfair stands out for its exchange betting model, which allows punters to act as both punter and bookmaker. This means that punters can not only place traditional predictions, but also accept bets from other users by setting their own odds. This model offers additional opportunities and odds that are often more competitive than those offered by traditional bookmakers.
Attractive odds
Betfair generally offers competitive odds, meaning punters can get better returns on their winning bets. The odds are regularly updated to reflect the latest information and market movements, offering punters added value and a chance to maximise their winnings.
Wide range of betting markets
Betfair offers a wide range of sports betting markets covering many sports and competitions around the world. Whether you're interested in football, tennis, basketball, cricket or other popular sports, you'll find plenty of options to bet on the events that interest you.
Advanced features
The Betfair platform is packed with advanced features to enhance the betting experience. These features include Live betting, real-time statistics, analytics and performance tracking tools, as well as charts and graphs to help punters make informed decisions.
Betting flexibility
Betfair offers great betting flexibility, allowing punters to place single, multiple, live and long-term bets. Punters also have the option to combine different predictions to create more advanced betting strategies.
Secure and reliable platform
Betfair is a reputable and reliable platform, offering a secure gaming environment for its users. Your personal and financial information is protected through advanced security protocols, allowing you to bet with peace of mind.
Quality customer service
Betfair has a dedicated customer support team ready to answer questions and solve problems for punters. You can contact them via live chat, email or phone for professional and personalised assistance.
What is Betfair's Back & Lay principle?
Betfair's Back & Lay principle is one of the unique and popular aspects of its exchange betting platform. It allows punters to play the role of both traditional punter ('Back') and bookmaker ('Lay'). This Back & Lay principle offers punters greater flexibility and additional opportunities. They can negotiate odds and search for specific values by exchanging predictions with other users of the platform. This creates a dynamic marketplace where punters can find more competitive odds and unique betting opportunities.
When you make a 'Back' bet on Betfair, you are betting on a specific outcome, such as a team winning a football match. This means you are backing that outcome and hoping it comes true. If your back bet wins, you receive your initial stake and the corresponding winnings according to the odds. On the other hand, the "Lay" concept allows you to play the role of bookmaker by accepting bets from other users. Instead of betting on an outcome, you bet against it. For example, if you don't think a team will win a match, you can place a "Lay" bet by offering odds to punters who want to bet on that team. If the team doesn't win, you pocket the stake of the punters who accepted your offer, just like a traditional bookmaker.
How to access back and lay betting with Betfair
Back and lay betting is available from selected sports betting brokers only. It is essential to belong to a specialist provider's community to take part. So here's how to go about it with operator Betfair.
Create a Betfair account
If you don't already have an account, go to a sports betting broker and click on the « Register with betfair » button to create a new account. Fill in the requested information and follow the instructions to complete the registration process. If sports betting with a foreign bookmaker is prohibited in your region, use the services of a betting broker.
| Broker | Summary | |
| Bet In Asia | It is my favourite. The BLACK offer allows you to bet at the best odds in real time and Orbit allows you to trade odds at a lower cost. | Discover |
| Asian Connect | Access to the best Asian bookmakers + Exchange betting + Skype betting. Seriousness for more than 15 years. | Discover |
Make a deposit
Once your account has been created, you will need to make a deposit to have funds available to place your bets. Betfair offers several deposit options, including credit cards, bank transfers and e-wallets. Select the method that suits you best and follow the steps to add funds to your account.
Go to the 'Sports' section and select a market
Once you have funds in your Betfair account, go to the 'Sports' section of the site. There you'll find a list of sports and events available for betting. Then choose the sport and event you want to bet on. Betfair offers a wide range of betting markets for each event, including Back & Lay markets.
Place your bet
To place a Back bet, select the odds corresponding to your choice and enter the amount you wish to bet. Check the details of your bet and confirm it. To place a Lay bet, search for the Lay odds available for the result you wish to bet against. Select the odds and enter the amount you are willing to risk as a bookmaker. Again, check the details and confirm your bet.
Follow the progress of your bets
Once you've placed your bets, you'll be able to track their progress in real time. You'll be able to see matching bids from other punters and adjust your own predictions if necessary. It is important to note that Back & Lay bets on Betfair involve other users of the platform, and the betting offers must match for the bet to be accepted. Betfair makes it easy to match bets and ensures that transactions are transparent and fair.