Betfair is one of the biggest names in online gambling industry. This is one of the biggest and most active online betting exchange page, which has an excellent liquidity in different markets. During the last few years Betfair has tried to remain the best online betting exchange page ever.
Betfair started operating in Great Britain in 2000 year. The company began as a sports betting exchange market, however today it does operate as a regular bookmaker, too. Betfair has met success since its establishment and in 2003 year it received an award for the Queen in entertainment sphere. In 2010 it was listed on London Stock Exchange and in 2011 it moved its main office in Gibraltar due to the local lower taxes.
Betting exchange market
Betting exchange market is distinguished by the regular bookmakers for the fact that it works as a market place. Some members determine the odd for a certain event and others accept it. This provides the chance for the consumers to be both – gamblers and bookmakers. Betfair claims to have averagely 20% better odds than those from other bookies. There is no doubt that Betfair offers the best odds on the market for correct result and winner in the tournament. Betfair makes profits by getting commission only over the winnings.
Available sports disciplines
One of the things that makes Betfair Nigeria such a friendly place is the big abundance of sports disciplines to choose from. Actually, we can claim that they indeed have the widest choice for a sport in comparison to any other bookie from all over the world.
Customers can bet on different spheres like:
Most of these sports provide options for live betting, which means that you place the bet during the game is on, while you are watching the game progress. In Betfair you can bet on a thing that will happen and on the fact that it will not happen. During live events, the live betting market provides the gamblers a chance to exchange or to trade their own bets. The same function is well-known in William Hill, too.
Betfair Nigeria Mobile app
Betfair mobile app is extremely easy to be used. You can reach the desired market quite easily. The conception around “Yes” and “No” betting might take you little time till you get to know it, but afterwards it will be harsh for you to go back to the old-fashioned sports betting. The option of bet closing gives you the chance to reduce your losses and even to quit in case of a result you did not consider. The app, also, offers live betting scores, which are updated in real time and on the same side of the screen. This means less times switching from one screen to another.
Another useful function from Betfair mobile app is the possibility of marking through which people may easily go back to the market they have recently viewed. My bets section allows you to follow all of your placed bets. There`s also a section for the viewed markets through which you can find such a market that you did not even mark.
Besides being sports betting exchange market, Betfair operates as a regular bookmaker, too. Here, you can find all the big sports tournaments during the whole season. Betfair cannot brag about the fastest market openings. However, delays are not typical for it, either. The odds, which are offered in Betfair, are not as high as those from Betfair exchange market, but still they are above the average odds from regular bookmakers.
Special offers and bonuses
Aiming getting some advantage towards its competitors, Betfair offers to all of its new customers a free bet at 50 EUR price. You can get it after making your first deposit and after making your first bet, which should be placed at an odd not less than 2.00. You will get the bonus = of your initial stake amount.
Option Loss Stop
Assuming the fact that you will have losses during trading is something you will soon get used to. After all, there`s no such a thing as winning all the bets. Though, it is for sure that you don`t want to lose most of your hardly won money.
The best way to stop a loss is to use the loss stop function. It is similar to the same function added to bet365 site. This function gives you a possibility to have a limit on how much you can lose and bet per certain period of time.